On September 3, SENSETIME-W rose 3.23% in regular trading, trading at HKD 1.44/share, with turnover of approximately HKD 75.66 million. The stock rebounded following a 3.51% decline in the prior session, continuing a pattern of wide-range oscillation since the release of interim results on August 26.

The company's mid-year results marked a milestone as it recorded its first-ever IFRS net profit of RMB 617 million, swinging from a loss of RMB 1.49 billion a year earlier. First-half revenue reached RMB 29.11 billion, up 23.4% year-over-year, with generative AI revenue accounting for 79.9% of the total. Recurring revenue surged 124.4% to RMB 11.45 billion, reflecting a shift toward sustainable revenue streams. Goldman Sachs previously raised its target price to HKD 2.05, while CMB International maintained a Buy rating.

However, market debate over earnings quality remains unresolved. Excluding RMB 4.588 billion in equity investment gains, the adjusted net loss stood at RMB 386 million, indicating core operations have yet to achieve profitability. Receivables aged over three years accounted for nearly half of the total, adding to investor caution amid continued post-results profit-taking.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)