Understanding the Market | RoboSense rose nearly 7% with high shipments of intelligent driving LiDAR, ADAS sales in the first half of the year surged nearly 5 times
ROBOSENSE rose nearly 7%, as of the time of publication, it rose by 6.87% to HKD 11.82, with a turnover of HKD 38.1759 million. On the news front, in the first half of this year, ROBOSENSE's LiDAR sales were approximately 243,400 units, a year-on-year increase of 415.7%, with car LiDAR sales at around 234,500 units, a year-on-year increase of 487.7%. In the second quarter, ROBOSENSE's LiDAR sales were approximately 123,000 units, with car LiDAR sales at around 118,300 units. As of June 30, 2024, the historical cumulative total sales of LiDAR are approximately 583,500 units, with cumulative car LiDAR sales of around 518,300 units. Haitong Securities' research report pointed out that with the gradual implementation of advanced intelligent driving functions and the benchmark effect of mass production of advanced intelligent driving functions by leading car manufacturers, advanced intelligent driving functions have initially captured users' minds. The continuous expansion of the industry market size combined with rapid growth in end-user demand is bringing new vitality to the high-quality development of the LiDAR market, recommending attention to related companies in the industry chain, such as ROBOSENSE
According to the Zhitong Finance and Economics APP, RoboSense (02498) rose by nearly 7%, as of the time of publication, it increased by 6.87% to HKD 11.82, with a turnover of HKD 38.1759 million.
On the news front, in the first half of this year, RoboSense sold approximately 243,400 units of LiDAR, a year-on-year increase of 415.7%. Among them, the sales of automotive LiDAR were approximately 234,500 units, a year-on-year increase of 487.7%. In the second quarter, RoboSense sold approximately 123,000 units of LiDAR, with automotive LiDAR sales of approximately 118,300 units. As of June 30, 2024, the cumulative total sales of LiDAR were approximately 583,500 units, with cumulative sales of automotive LiDAR at approximately 518,300 units.
A research report from Haitong Securities pointed out that with the gradual implementation of advanced intelligent driving functions and the benchmark effect of mass production of advanced intelligent driving functions by leading automakers, advanced intelligent driving functions have initially captured users' minds. The continuous expansion of the industry market size, coupled with rapid growth in end-user demand, brings new vitality to the high-quality development of the LiDAR market. It is recommended to pay attention to related companies in the industry chain, such as RoboSense
