By Megan Cheah
Shares of RoboSense Technology climbed after the Chinese smart car-sensor maker said it expects to sharply narrow its annual loss following a projected fourth-quarter profit.
Its Hong Kong-listed stock rose as much as 16% on Friday before paring gains to end 9.2% higher, its largest daily percentage increase since August.
The Shenzhen-based company, which makes smart lidar sensor systems for vehicles, on Thursday guided for a 2025 net loss of not more than 180 million yuan, equivalent to $26.1 million, a significant narrowing from 481.8 million yuan in the prior year. The smaller projected loss was due to increased lidar product sales and net fair-value gains on financial assets, it said.
The company also said it expects net profit of at least 60.0 million yuan for the fourth quarter.
Both of RoboSense's bottom-line estimates topped DBS Group Research's expectations.
Analysts at the bank described the projected quarterly figure as a meaningful profitability inflection alongside robust shipment momentum. The profit alert "signals improving fundamentals heading into 2026," they said in a commentary.
However, the analysts cautioned that detailed results will be key to assessing margin sustainability and the company's shipment outlook. They said they remain watchful of RoboSense's exposure to its single largest customer, BYD, which has been showing signs of slowing domestic sales in recent months.
Write to Megan Cheah at megan.cheah@wsj.com
(END) Dow Jones Newswires
February 20, 2026 03:37 ET (08:37 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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