Horizon Robotics-W (09660) saw its stock price surge 5.24% during intraday trading on Friday, following the release of its robust 2025 financial results.
The company reported impressive annual revenue growth of 57.7% year-on-year to 3.758 billion yuan, with gross profit reaching 2.426 billion yuan. Chip shipments increased by 38.8%, while shipments of chips supporting Navigation on Autopilot (NOA) functionality grew nearly fivefold compared to 2024 levels. The company's product and solution business revenue surged 144.2% year-on-year to 1.622 billion yuan.
Horizon Robotics' founder and CEO expressed confidence in continuing the volume-price growth trend, projecting an average annual revenue growth rate of 60% for the coming years. The strong earnings report and positive growth outlook fueled investor optimism, driving the stock's significant intraday gain.