Core Viewpoint - 如祺出行's stock price has reached a new low, indicating potential market concerns about its performance and future prospects [1] Company Overview - 如祺出行 is a leading travel technology and service company in China, focusing on comprehensive travel solutions including ride-hailing and Robotaxi services [3] - The company was founded by 广汽集团 and 腾讯, with strategic support from 小马智行, enhancing its market insights and technological capabilities [3] - The company operates primarily in nine key cities, mainly in the Greater Bay Area, utilizing a "ripple model" for market expansion [3] Financial Performance - As of June 30, 2023, the registered user count for the travel service platform reached 21.6 million [3] - Revenue from travel services increased from RMB 399.7 million in 2020 to RMB 1,249.8 million in 2022, with a compound annual growth rate (CAGR) of 76.8% [3] - Total revenue rose from RMB 404.0 million in 2020 to RMB 1,368.4 million in 2022, with a CAGR of 84.0% [3] - R&D expenditure as a percentage of total revenue was 10.7% in 2020, 11.5% in 2021, 7.7% in 2022, and 6.3% for the first half of 2023 [3] Market Position and Recognition - The company achieved over 30% user penetration in the Greater Bay Area and ranked second in market share as of December 31, 2022 [3] - It was the first globally to launch a mixed operation of human-driven ride-hailing and Robotaxi services in October 2022 [3] - The company has received multiple awards for innovation and leadership in the industry, including recognition as a "new unicorn enterprise" by Forbes China in 2023 [3]
如祺出行盘中最低价触及9.810港元，创近一年新低