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

• Market Cap: HK$15.80B
• Dividend Yield: N/A
• Average Volume (3M): 11.14M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 1,534
• Sector: Technology
• Sector Strength: 88
• Industry: Computer Hardware
• EPS (TTM): -0.25
• Shares Outstanding: 484,468,570
• 10 Day Avg. Volume: 8,033,318
• 30 Day Avg. Volume: 11,140,081
• PEG Ratio: 0.27
• Price to Book (P/B): 4.10
• Price to Sales (P/S): 7.60
• P/FCF Ratio: -72.40
• 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$46.48
• Price Target Upside: 40.50% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 14
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: HK$33.00 ▼(-0.24% Downside)

The score is primarily held back by weak financial performance—ongoing losses and poor operating/free cash flow—despite strong revenue growth and improving equity. Technical indicators are constructive and provide support, but valuation remains challenged due to unprofitability and no dividend data.

Positive Factors

Revenue Growth

Sustained multi-year revenue expansion indicates successful commercialization of LiDAR products and solutions. Growing top line supports scale economies, deepens OEM engagement, and provides a larger platform to monetize software, services and recurring integrations over the medium term.

Industry Tailwinds / Market Position

Operating in ADAS/autonomy and robotics exposes the company to structural demand for sensing and perception. Long-term secular adoption of LiDAR in vehicles and intelligent machines supports durable addressable market growth and repeated program opportunities with OEMs and Tier-1 integrators.

Low Leverage and Improved Equity

A shift to positive equity and limited debt enhances financial flexibility to fund R&D, capital for automotive qualification programs, and customer support. Lower leverage reduces solvency risk and provides resilience during longer product validation and ramp cycles typical in automotive supply chains.

Negative Factors

Persistent Unprofitability

Ongoing negative earnings constrain the company's ability to self-fund growth and invest in margin improvement initiatives. Durable unprofitability increases dependency on external capital, which can dilute shareholders or limit strategic flexibility during multi-year product qualification cycles.

Weak Cash Generation

Negative operating and free cash flow indicate poor cash conversion despite revenue growth. This strains working-capital capacity for production ramps and long automotive pay cycles, forcing reliance on financing and raising execution risk for sustained commercial deployments.

Historical Balance-Sheet Instability

Prior equity deficits and asset volatility reflect past capital shortfalls and operational instability. Even with improvement, legacy balance-sheet issues can impair partner confidence, complicate supplier terms and limit runway if revenue ramps falter during the multi-quarter qualification and scaling processes.

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 generates revenue primarily through the sale of its LiDAR sensors and related software solutions to automotive manufacturers and technology companies involved in the development of autonomous vehicles. The company has established key partnerships with major automotive OEMs and Tier 1 suppliers, which contribute significantly to its revenue streams. Additionally, RoboSense may engage in licensing its technology and providing support and maintenance services, further diversifying its income sources. The growing demand for autonomous driving technology and smart city infrastructure is expected to enhance the company's earnings potential.

RoboSense Technology Company., Ltd Financial Statement Overview

Summary

Strong multi-year revenue growth is offset by persistent losses, weak/negative cash generation, and prior balance-sheet instability. The balance sheet has improved to positive equity and low leverage, but cash flow remains the key weakness.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.71B	1.65B	1.12B	530.32M	331.06M	170.93M
Gross Profit	388.14M	283.55M	93.64M	-45.70M	169.05M	84.69M
EBITDA	-368.85M	-507.35M	-4.24B	-537.55M	-156.84M	-55.60M
Net Income	-363.66M	-481.83M	-4.34B	-2.09B	-1.66B	-220.79M
Balance Sheet
Total Assets	4.94B	4.14B	3.27B	3.43B	1.74B	358.27M
Cash, Cash Equivalents and Short-Term Investments	3.21B	2.86B	1.83B	2.47B	630.68M	194.27M
Total Debt	343.20M	192.36M	16.52M	34.25M	4.04B	1.16B
Total Liabilities	1.10B	1.07B	12.34B	8.46B	4.38B	1.31B
Stockholders Equity	3.82B	3.06B	-9.09B	-5.67B	-3.23B	-955.94M
Cash Flow
Free Cash Flow	0.00	-173.09M	-662.53M	-628.04M	-348.97M	-90.34M
Operating Cash Flow	0.00	-65.10M	-516.48M	-488.07M	-235.08M	-84.45M
Investing Cash Flow	0.00	-120.45M	265.63M	-569.95M	60.38M	-103.75M
Financing Cash Flow	0.00	1.16B	-34.63M	2.42B	711.43M	111.97M

RoboSense Technology Company., Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 33.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 33.08 is below the 20-day moving average (MA) of 37.26, below the 50-day MA of 35.58, and below the 200-day MA of 35.41, indicating a bearish trend. The MACD of -0.64 indicates Positive momentum. The RSI at 32.13 is Neutral, neither overbought nor oversold. The STOCH value of 7.57 is Positive, 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	68 Neutral	HK$112.14B	8.74	26.43%	4.17%	19.18%	36.38%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
3396	50 Neutral	HK$19.96B	34.31	0.95%	―	19.58%	―
2498	48 Neutral	HK$15.80B	-32.12	-11.44%	―	―	―
2436	48 Neutral	HK$4.93B	-400.00	-1.60%	―	32.83%	90.24%

RoboSense Technology Company., Ltd Corporate Events

RoboSense Grants 583,874 Performance-Linked Share Awards to Employees Under Post-IPO Scheme

RoboSense Technology Co., Ltd. has granted share awards over a total of 583,874 shares to 23 employees under its Post-IPO Share Incentive Scheme, with no consideration payable by the grantees and a reference grant-date market price of HK$38.50 per share. The awards will vest over approximately six to 48 months, with some tranches allowed to vest in under 12 months where they are subject to performance-based conditions rather than purely time-based vesting, and the Board may impose specific performance targets tied to financial results, R&D milestones, division management and individual appraisals. The scheme includes clawback provisions that allow the company to forfeit unvested awards upon termination of employment or in cases of severe misconduct, underscoring tighter governance over equity incentives and aligning employee rewards more closely with long-term corporate performance and shareholder interests.

The most recent analyst rating on (HK:2498) stock is a Buy with a HK$50.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.

RoboSense Posts Strong 2025 LiDAR Sales Growth Across ADAS and Robotics Segments

RoboSense Technology Co., Ltd. reported strong operational momentum in 2025, highlighting significant breakthroughs in new product launches and sales of its LiDAR product portfolio. For the fourth quarter of 2025, the group sold about 459,600 LiDAR units in total, including approximately 238,400 units for ADAS applications and 221,200 units for robotics and other uses, while full-year 2025 volumes reached about 912,000 LiDAR units overall, with 609,000 units for ADAS and 303,000 units for robotics and other segments. The unaudited figures suggest rapid scale-up and expanding market penetration across both automotive and robotics verticals, though the company cautioned investors that these preliminary operational data may differ from its forthcoming audited annual results and should be interpreted with care when assessing future growth and valuing its securities.

The most recent analyst rating on (HK:2498) stock is a Buy with a HK$40.00 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 Strong Growth and Innovation in LiDAR Technology

RoboSense Technology Co., Ltd announced its unaudited financial results for the nine months ending September 30, 2025, showing significant growth in sales volume for its LiDAR products across various applications. The company achieved notable milestones, including securing design wins for mass production of LiDAR products with numerous automotive OEMs, and forming key partnerships with major autonomous driving companies. Additionally, RoboSense launched several innovative products, including the industry’s first super sensor system, Active Camera 2.0, and the world’s first high-precision mid-to-long-range digital LiDAR, Fairy, indicating a strong positioning in the LiDAR technology market.

The most recent analyst rating on (HK:2498) stock is a Sell with a HK$29.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.

RoboSense Announces Board Meeting and Earnings Call for Q3 Results

RoboSense Technology Co., Ltd has announced a board meeting scheduled for November 25, 2025, to consider and approve its third quarterly results for the nine months ending September 30, 2025. The company will host an earnings conference call on the same day, which will be accessible via a live webcast on their website, indicating a commitment to transparency and stakeholder engagement.

The most recent analyst rating on (HK:2498) stock is a Hold with a HK$34.00 price target. To see the full list of analyst forecasts on RoboSense Technology Company., Ltd stock, see the HK:2498 Stock Forecast page.