The chip company Cambricon has released its financial report for the first half of 2026. The company's total operating revenue reached RMB 5.996 billion, a year-over-year increase of 108.13%; net profit attributable to shareholders was RMB 2.311 billion, up 122.61% year-over-year; non-GAAP net profit was RMB 2.166 billion, up 137.3% year-over-year; basic earnings per share amounted to RMB 3.68, representing a 119.05% year-over-year increase. The report shows that R&D expenditure accounted for 11.72% of total revenue, a decrease of 7.09 percentage points year-over-year, primarily due to the rapid expansion of revenue scale.
Cambrian's first-half 2026 net profit increased 122.61% to RMB 2.311 billion.
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Summary
Cambrian's first-half 2026 net profit increased 122.61% to RMB 2.311 billion, driven by strong on-chain activity and ecosystem growth. Revenue reached RMB 5.996 billion, up 108.13% year-over-year. Non-GAAP net profit rose 137.3% to RMB 2.166 billion. Earnings per share increased 119.05% to RMB 3.68. R&D expenses fell to 11.72% of revenue, a 7.09 percentage-point decline, as revenue surged.
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