On July 13, RoboSense Technology (02498.HK) fell 5.33% in regular trading, trading at HKD 22.0, with turnover of approximately HKD 45.41 million. The decline came amid broad weakness in the Electronic Equipment & Instruments sector, compounded by market concerns over the sequential slowdown in the company's robotics business.
On July 9, the company disclosed its H1 unaudited sales data showing total LiDAR shipments of 719,200 units, up 170% year-over-year. However, Q2 robotics segment sales reached only 97,100 units, down sharply from 185,500 units in Q1, raising questions about growth sustainability. ADAS sales were 291,800 units in Q2, showing healthy sequential improvement from 144,800 units in Q1.
The company remains in a loss-making position. Guosheng Securities estimates full-year adjusted net profit at only approximately RMB 180,000, indicating the profitability inflection point has yet to materialize. The broker nonetheless reiterated a Buy rating with a target price of HKD 47, citing long-term dual growth from ADAS and robotics. Sector peers including GPIXEL (-7.43%), Q Tech (-7.20%), and Rigol (-5.57%) also declined significantly.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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