企業プロフィール · Technology

Knowledge Atlas Tech Joint

2513 · 香港株
取引所
香港株
国 / 地域
Hong Kong
従業員数
1,094
公式サイト
www.zhipuai.cn
現在値
HK$1,281
リアルタイム · 2026年7月27日
ベイリー成長スコア
44/100
やや弱い
本源的価値 · 3 段階レンジ 現在値 HK$1,281 リアルタイム · 楽観的シナリオの上限を超過 · 将来の成長を先取り

総合バリュエーションレンジ · 保守的 HK$5–HK$10 / 妥当 HK$40–HK$70 / 楽観的 HK$250–HK$350。HK$1,281 時点で 楽観的シナリオの上限を超過 · 将来の成長を先取り。

レポート公開時 HK$1,040(2026年5月17日)

時価総額HK$5715.71億
売上高(TTM)HK$7.24億
EBITDA-HK$37.28億
純利益率0%
ROE0%
予想PER0
EPSHK$0.00
52週レンジHK$116.10 – HK$1,341.00

データ提供:EODHD、報告通貨で表示。参考情報であり、投資助言ではありません。

Knowledge Atlas Technology Joint Stock Company Limited, together with its subsidiaries, provides customized large model-related services in the People's Republic of China. It operates through two segments, On-premise Deployment and Cloud-based Deployment. The company develops and provides customized large model-related services according to the customers' specific instructions, and needs at the customers' infrastructure; and cloud-based large model-related services through cloud infrastructure. It also provides subscription-based and usage-based services, as well as other related services such as model training and fine-tuning. In addition, the company offers z.ai, AutoGLM, AutoClaw, ChatGLM, Zread.ai, and AMiner. The company was formerly known as Beijing Zhipu Huazhang Technology Co., Ltd. and changed its name to Knowledge Atlas Technology Joint Stock Company Limited. Knowledge Atlas Technology Joint Stock Company Limited was incorporated in 2019 and is headquartered in Beijing, China.

沿革

Knowledge Atlas Technology Joint Stock Company Limited (Zhipu) was incorporated in 2019 and is headquartered in Beijing, providing customized large-model services in China through On-premise and Cloud-based Deployment segments. It launched the GLM framework in 2021 and in 2022 open-sourced GLM-130B, described as China's first model at the ten-billion-parameter class. The company was formerly known as Beijing Zhipu Huazhang Technology Co., Ltd. and was listed in January 2026. Its offerings include z.ai, AutoGLM, AutoClaw, ChatGLM, Zread.ai, and AMiner.

業界での地位

Per its prospectus citing Frost & Sullivan, by 2024 revenue Zhipu is China's largest independent large-model company and the second-largest general large-model developer, with a market share of about 6.6%; the top five players' shares were roughly 9.4%, 6.6%, 6.4%, 6.1%, and 4.7%. In 2025 revenue rose about 132% to RMB 724.3 million, split between on-premise deployment (73.7%) and cloud-based deployment (26.3%). As of 30 June 2025 its models had empowered over 8,000 institutional clients, and its API/Agent platform covered 218 countries and regions.

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