Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>CLSA Trims SENSETIME-W (00020.HK) TP to $1.85, Rating Outperform
Recommend 69 Positive 128 Negative 45 |
||||
|
||||
|
CLSA's research report mentioned that SENSETIME-W (00020.HK) recorded a 11% YoY revenue growth to RMB3.8 billion in 2024, short of expectations. The GPM decreased 1.1 ppts YoY to 42.9%, while the net loss narrowed by 34% YoY to RMB4.3 billion, topping forecasts. The group’s cash quality is improving, on the ride of a better product mix, which has led to growing total cash reserves and an enhanced cash conversion cycle. CLSA lowered its revenue forecasts for 2025 and 2026 on the company to RMB4.7 billion and RMB5.9 billion, respectively, and reduced its target price from HKD2.14 to HKD1.85, giving an Outperform rating. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
