今年前三季度，第四范式实现收入32.18 亿元，同比上升26.1%，实现毛利润13.5 亿元，同比增长12.5%，其中核心业务“先知AI 平台”实现营收21.71 亿元，同比增长50.2%，占总收入比例超67%。广发证券认为，公司的先知AI平台及式说AIGS服务注重为企业客户创造价值，强调商业化落地的务实性，发展路径清晰可持续，有望驱动长期增长。FOURTH PARADIGM (06682) rose over 5%, as of the time of writing, up 5.19%, priced at 51.7 Hong Kong dollars, with a transaction volume of 0.121 billion Hong Kong dollars.
According to Zhitao Finance APP, FOURTH PARADIGM (06682) rose over 5%, as of the time of writing, up 5.19%, priced at 51.7 Hong Kong dollars, with a transaction volume of 0.121 billion Hong Kong dollars.
China Securities Co.,Ltd. pointed out that as a leader in enterprise-level AI, Fourth Paradigm has seen continuous high revenue growth in recent years, with net losses continuously narrowing and a more clear profit model. The number of benchmark clients and revenue have steadily increased, and downstream industry expansion has been smooth. The large-scale models and AIGS service platform launched in 2023 have opened up the market space for generative AI for the company, and with its strong software capabilities in enterprise-level data and pain points, it is expected to continue to increase its market share in the future.
In the first three quarters of this year, FOURTH PARADIGM achieved revenue of 3.218 billion yuan, a year-on-year increase of 26.1%, and a gross profit of 1.35 billion yuan, a year-on-year growth of 12.5%. Among them, the core business "Prophet AI Platform" generated revenue of 2.171 billion yuan, an increase of 50.2% year-on-year, accounting for over 67% of total revenue. GF SEC believes that the company's Prophet AI platform and Shishuo AIGS services focus on creating value for enterprise clients, emphasizing the practicality of commercialization, with a clear and sustainable development path, expected to drive long-term growth.
