RoboSense Technology Company., Ltd (2498) AI Stock Analysis

• Market Cap: HK$14.90B
• Dividend Yield: N/A
• Average Volume (3M): 8.31M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.12
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 1,534
• Sector: General
• Sector Strength: N/A
• Industry: Computer Hardware
• EPS (TTM): N/A
• Shares Outstanding: 484,468,570
• 10 Day Avg. Volume: 6,360,150
• 30 Day Avg. Volume: 8,314,222
• PEG Ratio: -0.38
• Price to Book (P/B): 4.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$45.00
• Price Target Upside: 44.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 41 Neutral
• Price Target: HK$30.00 ▼(-3.85%Downside)

The overall stock score is primarily impacted by financial performance challenges, including net losses and cash flow issues, which are the most significant factors. Technical analysis indicates bearish momentum, while valuation concerns further weigh down the score due to a negative P/E ratio and lack of dividends.

Positive Factors

Financial Performance

Gross margins outperformed expectations, reaching 23.5% due to lower input costs and higher-margin robotic lidar sales.

Market Position

Robosense is a global lidar leader with a 30% market share, benefiting from cost leadership, strategic partnerships, and in-house chip and software development.

Robotics Growth

The robotics sector is expected to become Robosense's next earnings growth driver, offering significant potential that is currently underappreciated by the market.

Negative Factors

Earnings Performance

Earnings missed expectations by 9% due to weaker lidar shipments and ADAS market share loss.

Market Competition

Management lowered ADAS lidar shipment targets to >600-700k units, likely ceding its #1 ADAS market share position to Hesai in 2025.

RoboSense Technology Company., Ltd Business Overview & Revenue Model

Company Description

Robosense Technology Co., Ltd, an investment holding company, provides LiDAR and perception solutions in the People's Republic of China, the United States, and internationally. The company offers M platform, E platform, and R platform LiDAR products for advanced driver assistance systems, robotics, cleaning, logistics, public services, and inspection applications. It also provides LiDAR perception solutions consisting of P6, an automotive LiDAR L4 sensor fusion solution; and V2X, a vehicle-to-road synergistic perception system, as well as Reference solution, a ground truth system for ADAS applications; and HyperVision 1.0, an artificial intelligence perception software. In addition, the company offers technology development and marketing services. Further, it develops the F platform LiDAR product. Robosense Technology Co., Ltd was founded in 2014 and is headquartered in Shenzhen, the People's Republic of China.

How the Company Makes Money

RoboSense Technology Company makes money primarily through the sale of its LiDAR products and solutions to automotive manufacturers and industrial clients. The company's revenue model is based on product sales, where it generates income by supplying LiDAR sensors and systems that are integrated into autonomous vehicles and industrial automation systems. In addition to direct sales, RoboSense may engage in strategic partnerships with automotive and technology companies, allowing for collaborative development and potential licensing opportunities. The company's earnings are significantly influenced by the growing demand for autonomous driving technologies and the adoption of LiDAR systems in various industries.

RoboSense Technology Company., Ltd Financial Statement Overview

Summary

RoboSense Technology shows strong revenue growth but faces significant profitability challenges with persistent net losses and weak cash flow generation. Improvements in equity position are positive but overshadowed by historical financial instability.

Income Statement

RoboSense Technology has shown significant revenue growth, increasing from approximately 192 million in 2020 to 1.65 billion in 2024. However, the company is struggling with profitability, as indicated by persistent negative net income and EBIT margins. The negative gross profit in earlier years has improved but remains weak, pointing to challenges in managing production costs or pricing strategies. Overall, while revenue growth is promising, significant losses impact the income statement's strength.

Balance Sheet

The balance sheet reveals a large stockholders' equity deficit in earlier years, which improved to a positive equity position by 2024. The debt-to-equity ratio is relatively low due to minimal total debt, indicating low leverage. However, the company's negative equity in past years and fluctuation in asset base highlight financial instability. The equity ratio shows improvement, but historical liabilities remain a risk factor.

Cash Flow

RoboSense Technology's cash flow statement indicates a consistent challenge in generating positive operating cash flow, with substantial negative figures leading to negative free cash flow across multiple periods. The absence of operating cash flow in the latest year, coupled with no reported capital expenditures, points to potential issues in cash management or reporting. Despite improvements in free cash flow in 2024, the cash flow situation remains weak and requires attention.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.65B	1.12B	616.70M	399.00M	192.07M
Gross Profit	283.55M	93.64M	-45.70M	169.05M	84.69M
EBITDA	-507.35M	-4.24B	-632.12M	-187.90M	-60.61M
Net Income	-481.83M	-4.34B	-2.43B	-2.00B	-248.10M
Balance Sheet
Total Assets	4.14B	3.27B	3.85B	2.13B	424.79M
Cash, Cash Equivalents and Short-Term Investments	2.86B	1.83B	2.77B	771.49M	230.34M
Total Debt	192.36M	16.52M	34.25M	122.94M	16.99M
Total Liabilities	1.07B	12.34B	9.45B	5.34B	1.51B
Stockholders Equity	3.06B	-9.09B	-5.67B	-3.23B	-1.13B
Cash Flow
Free Cash Flow	-173.09M	-662.53M	-628.04M	-348.97M	-90.34M
Operating Cash Flow	-65.10M	-516.48M	-488.07M	-235.08M	-84.45M
Investing Cash Flow	-120.45M	265.63M	-662.78M	71.06M	-116.64M
Financing Cash Flow	1.16B	-34.63M	2.81B	857.42M	125.82M

RoboSense Technology Company., Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 31.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2498, the sentiment is Negative. The current price of 31.2 is below the 20-day moving average (MA) of 32.18, below the 50-day MA of 34.55, and above the 200-day MA of 29.70, indicating a neutral trend. The MACD of -0.89 indicates Negative momentum. The RSI at 42.01 is Neutral, neither overbought nor oversold. The STOCH value of 26.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2498.

RoboSense Technology Company., Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0992	70 Outperform	$120.70B	11.05	23.76%	3.49%	18.03%	71.00%
3396	69 Neutral	HK$21.35B	145.71	0.24%	3.01%	15.54%	―
Sector *	57 Neutral	$5.79B	25.71	-31.22%	5.61%	10.88%	-29.73%
2436	45 Neutral	HK$999.72M	―	-7.86%	―	29.97%	53.06%
2498	41 Neutral	HK$14.90B	―	-12.70%	―	―	―

RoboSense Technology Company., Ltd Corporate Events

RoboSense Technology Co., Ltd Successfully Passes AGM Resolutions

RoboSense Technology Co., Ltd announced the successful passing of all proposed resolutions during its Annual General Meeting held on June 24, 2025. Key resolutions included the adoption of financial statements, re-election of directors, re-appointment of auditors, and the authorization to adjust share capital and issue additional shares. These decisions are poised to enhance the company’s operational flexibility and strategic positioning in the market.

The most recent analyst rating on (HK:2498) stock is a Buy with a HK$45.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.

RoboSense Clarifies Share Option Pricing in Post-IPO Scheme

RoboSense Technology Co., Ltd has issued a clarification regarding its Post-IPO Share Incentive Scheme, specifically correcting the exercise price of granted share options to HK$33.87 per share. This adjustment aligns the exercise price with the higher of the closing price on the grant date and the average closing price over the preceding five business days. The clarification ensures transparency and accuracy in the company’s financial disclosures, potentially impacting investor confidence and stakeholder trust.

The most recent analyst rating on (HK:2498) stock is a Buy with a HK$45.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.

RoboSense Grants 8.8 Million Share Options to Employees

RoboSense Technology Co., Ltd announced the grant of 8,800,000 share options to 45 employees under its Post-IPO Share Incentive Scheme. This move is aimed at motivating and retaining talent by aligning employee interests with company performance, as the options are subject to performance-based vesting conditions over a period extending to 2029. This strategic initiative could enhance employee commitment and potentially improve the company’s operational performance and market position.

The most recent analyst rating on (HK:2498) stock is a Buy with a HK$60.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.

RoboSense Technology Announces Postponed AGM and Share Capital Increase

RoboSense Technology Co., Ltd has announced the postponement of its Annual General Meeting to June 24, 2025, where shareholders will consider an increase in the company’s authorized share capital from 500 million to 800 million shares. This move is likely aimed at providing the company with greater flexibility for future growth and investment opportunities, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (HK:2498) stock is a Buy with a HK$60.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.

RoboSense Proposes Share Capital Increase to Support Growth

RoboSense Technology Co., Ltd has announced a proposed increase in its authorized share capital to support future growth and provide greater flexibility for fundraising. The company plans to increase its share capital from US$50,000 to US$80,000, creating an additional 300,000,000 shares. This proposal will be considered at a postponed annual general meeting, now rescheduled to June 24, 2025, to allow shareholders to vote on the matter. The changes reflect RoboSense’s strategic efforts to enhance its market position and operational capabilities.

The most recent analyst rating on (HK:2498) stock is a Buy with a HK$60.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.

RoboSense Reports Q1 2025 Financial Results and Milestones in LiDAR Innovations

RoboSense Technology Co., Ltd announced its unaudited financial results for Q1 2025, highlighting a mixed performance in sales volume across its LiDAR product lines. Despite a decrease in sales for some products, the company achieved significant milestones, including the launch of new LiDAR products and the production of its one millionth LiDAR unit. These developments underscore RoboSense’s commitment to innovation and its strategic positioning in the LiDAR industry, with implications for its growth and partnerships with automotive OEMs and robotics developers.

The most recent analyst rating on (HK:2498) stock is a Buy with a HK$60.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.

RoboSense Technology Schedules Board Meeting and Earnings Call for Q1 Results

RoboSense Technology Co., Ltd has announced a board meeting scheduled for May 30, 2025, to discuss and approve the first quarterly results for the period ending March 31, 2025. The company will also host an earnings conference call on the same day, providing stakeholders with insights into its financial performance and strategic direction.

The most recent analyst rating on (HK:2498) stock is a Buy with a HK$60.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.

RoboSense Technology Announces Key Resolutions for Upcoming AGM

RoboSense Technology Co., Ltd has announced its upcoming annual general meeting to be held on June 13, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of financial statements, re-election of directors, re-appointment of auditors, and granting mandates for share repurchase and issuance. These resolutions are significant for the company’s governance and strategic operations, potentially impacting its market positioning and shareholder value.