凯乐士科技递表港交所 亏损收窄未止亏

Core Viewpoint - Zhejiang Kailesi Technology Group Co., Ltd. (referred to as "Kailesi") has submitted a listing application to the Hong Kong Stock Exchange, aiming to redefine supply chain operations through advanced robotics technology [1] Company Overview - Kailesi is a comprehensive provider of intelligent in-warehouse logistics robots, offering a diverse range of robotic products across three core product lines: Multi-directional Shuttle Robots (MSR), Autonomous Mobile Robots (AMR), and Conveying Sorting Robots (CSR) [1] - The company has established itself as one of the mature players in the intelligent in-warehouse logistics robot industry, ranking fifth among China's top five comprehensive intelligent in-warehouse logistics robot companies with a market share of 1.6% as of 2024 [1] Financial Performance - Kailesi's revenue for the years 2022 to 2024 is reported as follows: 657 million yuan in 2022, 551 million yuan in 2023, and 721 million yuan in 2024, with revenue for the nine months ending September 30, 2025, reaching 552 million yuan [2] - The company has faced financial challenges, recording net losses of 210 million yuan in 2022, 242 million yuan in 2023, and 178 million yuan in 2024, totaling cumulative losses of 629 million yuan [2] - Adjusted net losses (excluding share-based payments and changes in redeemable liabilities) for the same period are reported as 117 million yuan in 2022, 123 million yuan in 2023, and 50 million yuan in 2024, with a net loss of 14 million yuan for the nine months ending September 30, 2025 [2] Industry Positioning - Kailesi operates in the midstream of the industry, leveraging its expertise in system design to combine advanced robotics technology with intelligent software, thereby providing flexible and scalable automation solutions [2] - The company's solutions aim to transform traditional warehouses into intelligent facilities that meet modern business demands while significantly reducing reliance on manual labor and rigid infrastructure [2]