LDROBOT (01236) plummeted 7.93% during intraday trading on Friday, continuing its downward trajectory after a strong debut earlier this month.
The decline reflects persistent fundamental concerns about the company's financial performance. LDROBOT has recorded consecutive losses for nine years since its inception, and management expects losses to continue in the current fiscal year.
Additionally, the company faces significant competitive pressures. Core downstream customers including Ecovacs, Roborock, and Dreame have launched their own in-house visual perception solutions, causing revenue contribution from LDROBOT's top five clients to drop substantially. Meanwhile, automotive LiDAR giants Hesai Technology and RoboSense are expanding into the robot sensor space, intensifying price competition and further squeezing the company's market position.
Comments