The stock price of the fourth paradigm (06682) has continued to rise recently, rising more than 2% in early trading, to a high of HK$58.3, with a total market value exceeding HK$27 billion.
The Zhitong Finance App learned that the stock price of the fourth paradigm (06682) has continued to rise recently, rising more than 2% in early trading, to a high of HK$58.3, with a total market value exceeding HK$27 billion.
According to news, recently, Forbes China officially launched the “2024 Forbes China Top 50 Artificial Intelligence Technology Companies” campaign. It took 7 months before and after this selection. In-depth research and analysis were carried out on various aspects such as technological development, application scenarios, industrial ecology and market size of the artificial intelligence industry, comprehensively considering six major dimensions, including technological innovation capabilities, market performance, application and actual impact, investment and financing conditions, sustainable development potential, and team culture, and finally selected the “2024 Forbes China Top 50 Artificial Intelligence Technology Companies”. Among them, companies such as the “Industry Big Model” first share and fourth paradigm were listed.
Fourth Paradigm's 2023 revenue was RMB 4.2 billion, up 36.4% year over year. Since 2019, the company's annual revenue has grown at a compound rate of 73.9%. Gross profit was RMB 1.98 billion, up 33.2% year over year. The Prophet AI platform saw strong revenue growth of 68% year over year. According to SDIC Securities, the company has grown into one of the leading companies in the field of AI enterprise services, with a solid customer base. As artificial intelligence enters a new stage of development, the demand for new technology application development from enterprise customers will increase significantly, which is expected to drive the company's revenue to continue to rise.