Stock Track | Horizon Robotics-W Plummets 5.03% Intraday on Annual Losses and Margin Decline

Stock Track05-28

Horizon Robotics-W's stock plummeted 5.03% during intraday trading on Thursday, reflecting continued selling pressure.

The decline is attributed to the company's annual results, which revealed a full-year net loss of RMB 10.469 billion, swinging from profit to loss, with operating losses widening to RMB 3.339 billion. The product business gross margin declined sharply from 46.4% to 34.5%, a drop of nearly 12 percentage points, fueling persistent market concerns over the company's profitability outlook. Although the company previously open-sourced its HoloMotion-1 robot cerebellar foundation model and executed cumulative buybacks exceeding HK$270 million, the short-term sentiment boost has notably faded. Additionally, the medium-to-long-term risk of OEM customers developing proprietary chips continues to weigh on valuation, maintaining downward pressure on the stock.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment