RoboSense Technology Co., Ltd RoboSense Technology Co., Ltd (Incorporated in the Cayman Islands with limited liability) 速騰聚創科技有限公司 Stock code : 2498 2024 INTERIM REPORT RoboSense Technology Co., Ltd 速騰聚創科技有限公司 （於開曼群島註冊成立的有限公司） 股份代號 : 2498 2024 INTERIM REPORT 中期報告 速騰聚創科技有限公司 2024 中期報告 目錄 2 公司資料 4 首席執行官致辭 6 8 24 其他資料 34 中期財務資料的審閱報告 36 38 40 42 44 80 管理層討論及分析 中期簡明合併全面收益表 中期簡明合併資產負債表 中期簡明合併權益變動表 中期簡明合併現金流量表 中期簡明合併財務資料附註 釋義及詞彙 關鍵財務及運營亮點 公司資料 2024 中期報告 2 薪酬委員會(2) 董事 授權代表 執行董事 邱純鑫博士（董事會主席兼首席科學家）(1) 劉樂天先生（首席技術官） 邱純 ...

证券研究报告·海外公司深度·软件服务(HS) 速腾聚创（02498.HK） 激光雷达领军者，智驾+机器人双线布局发展 2024 年 09 月 06 日 买入（首次） | --- | --- | --- | --- | --- | |------------------------------|------------|----------|----------|----------| | [Table_EPS] 盈利预测与估值 | 2023A | 2024E | 2025E | 2026E | | 营业总收入（百万元） | 1,120.15 | 2,222.56 | 3,559.19 | 5,096.47 | | 同比 (%) | 111.22 | 98.42 | 60.14 | 43.19 | | 归母净利润（百万元） | (4,336.63) | (528.08) | (187.70) | 132.63 | | 同比 (%) | (107.63) | 87.82 | 64.46 | 170.66 | | 每股收入（元 / 股） | 2.63 | 4.93 | 7.89 | 11.30 | | P/S （现 ...

| 研究報告 2024 年 8 月 26 日 速騰聚創 | 02498.HK 產品迭代導致量增價跌 評級 買入 更新報告 敖曉風, Brian, CFA 高級分析師 brianngo@westbullsec.com.hk +852 3896 2965 目標價 HK$ 19.90 2024 年上半財年，速騰聚創(02498.HK)實現 7.3 億元人民幣總收入，其中 83.8%及 10.7%分別 | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------|---------------------|--------------------------------------------------------|---------------------------------------------|----------------------------------|------------- ...

| RESEARCH 26 Aug, 2024 RoboSense (02498.HK) Stock Rating (Previous Rating) BUY (BUY) Target Price (Previous TP) HK$ 19.90 (23.30) Current Price HK$ 11.42 52-Week Range HK$ 11.40 – 137.50 Market cap. (HKD, bn) HK$ 5.1 RMB, mn 23(A) 24(E) 25(E) 26(E) Revenue 1,120.1 2,300.3 3,726.0 4,863.5 Gross Profit 93.6 352.4 687.1 1,090.7 Gross Margin 8.4% 15.3% 18.4% 22.4% Profit Attr. (4,336.6) (473.1) (230.9) 30.8 Performance 1 mth 3 mth 6 mth 1 year Absolute -21.0% -83.0% -68.8% - Relative to HSI -24.5% -77.6 % -74. ...

速腾聚创（2498.HK） 更新报告 | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------|--------------|---------------------------------|-------------------------------------------------------|----------------------------------|-------|--------------|---------------------------------| | | | | | | | | | | | | 买入 | | | | | 2024 年 8 月 21 | | 获多车企平台定点，上半年 | | ADAS | 产品销量增长明显 | | | 李京霖 | | | 2024 | | 上半年产品销量增长迅速：公司 | 2024 | 上半年实现营业 | | 852-25321539 | | | 收入人民币 ...

研究报告 Research Report 18 Aug 2024 速腾聚创 RoboSense (2498 HK) 2024 年中报点评：上半年出货逼近去年全年，新定点量产和 Robotics 订单 支撑下半年增速 2Q24 Results: Shipments Close to the Total for Last Year, New SOP Models and Robotics Orders to Support Growth of 2H24 [Table_yemei 观点聚焦 1] Investment Focus | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------|---------------------|---------------|------------------------------------|-------------|--------------------------------------------------------- ...

Investment Rating - The report maintains a "Buy" rating for the company [4][12]. Core Insights - The company achieved a revenue of 727 million RMB in the first half of 2024, representing a year-over-year increase of 121.0% [2]. - The gross profit margin improved to 13.6%, up by 9.7 percentage points year-over-year, with gross profit reaching nearly 100 million RMB, a significant increase of 670.3% [2]. - The adjusted net loss narrowed to approximately 200 million RMB [2]. Sales and Product Analysis - The company experienced explosive growth in laser radar sales, with total sales reaching approximately 243,000 units, a year-over-year increase of 416% [3][8]. - Sales of vehicle-mounted laser radars reached about 234,000 units, up 488% year-over-year, while sales related to robotics were around 8,900 units, a 21.9% increase [3][8]. - The M3 laser radar offers a detection range of 300 meters, while the MX model provides a cost-effective solution for vehicles priced below 200,000 RMB [3][8]. Financial Metrics and Projections - The company is projected to achieve revenues of 2.4 billion RMB, 4.2 billion RMB, and 5.7 billion RMB for the years 2024, 2025, and 2026, respectively [4][7]. - The expected net profit for 2024 is projected at a loss of 290 million RMB, with a turnaround to a profit of 40 million RMB in 2025 and 90 million RMB in 2026 [4][7]. - The current price-to-sales (P/S) ratio is estimated at 3.0 for 2024, decreasing to 1.3 by 2026 [4]. Research and Development - The company has a research and development expense ratio of 43.1%, reflecting a year-over-year decrease of 31.8 percentage points, indicating a strong commitment to AI research [3][8]. - The proportion of R&D personnel exceeds 40%, with ongoing recruitment for AI algorithm developers [3][8]. Market Position and Future Outlook - The company has established partnerships with over 270 automotive manufacturers and Tier 1 suppliers, with 80 models in mass production and 29 models achieving SOP (Start of Production) [3][8]. - The report suggests that laser radar technology has potential applications beyond the automotive sector, including robotics, which could lead to further market penetration [3][8].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告的全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔 任何責任。 1 ROBOSENSE TECHNOLOGY CO., LTD 速騰聚創科技有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2498） 截 至 2024 年 6 月 3 0 日止六個月的中期業績公告 董事會欣然公佈本集團截至2024年6月30日止六個月的未經審核合併中期業績，連同2023 年相應期間的比較數字。本集團截至2024年6月30日止六個月的中期簡明合併財務報表 （「中期財務資料」）已由本公司根據國際會計準則第34號「中期財務報告」編製。中期財務 資料未經審核，惟已由本公司獨立核數師羅兵咸永道會計師事務所根據國際審計與鑒 證準則理事會頒佈的國際審閱委聘準則第2410號「由實體的獨立核數師執行中期財務資 料審閱」進行審閱。中期財務資料亦已由本公司審核委員會審閱。該等中期業績乃摘錄 自中期財務資料。 運營亮點及近期發展 ‧ 截至2024年6月30日止第二季度（「2024年第二季度」），本集 ...

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Performance 1 mth 3 mth 6 mth 1 year H F NGO, Brian, CFA LIDAR SOLUTIONS MARKET 15 +852 3896 2965 2701 – 2703, 27/F, Infinitus Plaza, 199 Des Voeux Rd Central, Sheung Wan, HK 0.0000 10.0000 20.0000 30.0000 40.0000 50.0000 60.0000 70.0000 80.0000 90.0000 100.0000 2024-07-22 2024-07-11 2024-06-202024-07-02 2024-06-11 2024-01-242024-02-022024-02-152024-02-262024-03-062024-03-152024-03-262024-04-092024-04-182024-04-292024-05-092024-05-212024-05-30 2024-01-15 1 Table of Contents BUSINESS OVERVIEW 3 LIDAR PLATFOR ...