Sensetime 0020

[winston]

not vested

SenseTime Path to profitability via GenAI growth

As one of the top three large language model (LLM) application players in China, SenseTime is well positioned to ride the industry’s growth.

We believe SenseTime can significantly monetise its cloud/AI model and AI applications given its multimodal leadership.

Coupled with the potential spin-off of costly businesses and cost savings, we expect a 30% FY24-27F revenue CAGR, with profitability in FY27F.

Initiate coverage with an Add rating and HK$3.18 TP (16x FY26F EV/sales).

Source: CGS

https://rfs.cgsi.com/api/download?file= ... B50E42C5AC

[winston]

not vested

<Research>CLSA Raises SENSETIME-W's TP to HKD3; Rating Kept Outperform

2025/10/27

CLSA has released a report predicting SENSETIME-W (00020.HK) to trim its adjusted net loss by 53% YoY to RMB2.5 billion in FY25 with growth in generative AI revenue and a decline in operating expenses driven by business restructuring.

The report also highlighted SENSETIME-W's strategic partnership with CAMBRICON (688256.SH), which is expected to help expand its AI computing capabilities through Chinese-made chips.

SENSETIME-W's target price was raised from HKD1.85 to HKD3, with an Outperform rating remaining in place.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/analy ... stock-news

[winston]

not vested

SenseTime net loss narrows 59pc to 1.77b yuan

Its total revenue increased 32.9 percent to 5.01 billion yuan, being the fastest growth in three years, which was primarily driven by continued expansion of Generative AI.

Its adjusted net loss narrowed by 54.3 percent to 1.96 billion yuan. 

Its Generative AI revenue increased by 51.0 percent to 3.63 billion last year, fueling by exponentially growing demand for generative AI model training, fine-tuning, and inference. 

Source: The Standard

https://www.thestandard.com.hk/finance/article/327587/

[winston]

not vested

China's SenseTime expects first post-listing profit amid AI frenzy

Chinese artificial intelligence company SenseTime (0020) said it expects to record its first profit since listing in the first six months of 2026, as a rally in AI-related asset prices helped cover operational losses. 

The company said in a filing on Sunday that it projects a profit of between 500 million yuan and 700 million yuan for the period, compared to a loss of 1.49 billion yuan a year ago. 

It attributed the turnaround to a lower loss in the principal business segments, as well as a gain arising from the fair value changes of its investment portfolio within the AI ecosystem strategically built throughout the years.

Adjusted net loss is also expected to narrow by 60 percent to 70 percent compared to the same period of last year.

The results are scheduled to be announced on August 26.

Source: The Standard

https://www.thestandard.com.hk/finance/article/340061/

[winston]

not vested

<Research>JPM Initiates SENSETIME-W at Overweight, Foresees 28% CAGR in Revenue in 2026-28

JPMorgan released a research report initiating coverage on SENSETIME-W (00020.HK) with an Overweight rating and a TP of HKD2.

The broker noted that SENSETIME-W transformed from a computer vision company into an AI platform spanning infrastructure, models and applications.

SENSETIME-W's SenseCore platform integrates computing power and scheduling, cross-chip adaptation, inference optimization and production delivery, positioning the company to benefit as China's AI infrastructure bottleneck shifts toward utilization and intelligent output.

JPMorgan also said SENSETIME-W possesses more than a decade of enterprise AI experience and commercialization capabilities, forecasting revenue CAGR of 28% from 2026 to 2028.

JPMorgan forecast SENSETIME-W's 2028 revenue and adjusted earnings to reach RMB10.387 billion and RMB1.113 billion respectively, representing 3% and 148% above market consensus forecasts.

Source: AASTOCKS Financial News

https://www.aastocks.com/en/stocks/news ... -news/AAFN