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Horizon Robotics Class B
(9660)
Horizon Robotics Class B (9660) vs. iShares MSCI Hong Kong ETF (EWH)
Horizon Robotics Class B Business Overview & Revenue Model
Horizon Robotics Class B Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 2.38B | 1.55B | 905.68M | 466.72M |
| Gross Profit | 1.84B | 1.09B | 627.71M | 330.99M |
| EBITDA | 2.80B | -6.38B | -8.42B | -1.93B |
| Net Income | 2.35B | -6.74B | -8.72B | -2.06B |
Balance Sheet | ||||
| Total Assets | 20.38B | 15.87B | 9.90B | 10.60B |
| Cash, Cash Equivalents and Short-Term Investments | 15.40B | 11.36B | 7.81B | 9.33B |
| Total Debt | 6.94B | 6.01B | 217.31M | 115.51M |
| Total Liabilities | 8.46B | 40.54B | 27.33B | 18.99B |
| Stockholders Equity | 11.91B | -24.67B | -17.44B | -8.39B |
Cash Flow | ||||
| Free Cash Flow | -894.31M | -2.20B | -2.11B | -1.34B |
| Operating Cash Flow | 17.60M | -1.74B | -1.56B | -1.11B |
| Investing Cash Flow | -1.93B | -667.29M | -214.51M | -1.38B |
| Financing Cash Flow | 5.82B | 7.22B | 212.41M | 6.30B |
Horizon Robotics Class B Technical Analysis
Horizon Robotics Class B Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | €53.76B | 2,394.12 | 1.58% | ― | 6.89% | ― | |
46 Neutral | HK$118.24B | 39.00 | ― | ― | ― | ― | |
46 Neutral | HK$92.82B | ― | -14.61% | ― | 17.96% | 46.64% | |
41 Neutral | HK$3.79B | ― | -27.20% | ― | -3.78% | 20.83% | |
41 Neutral | HK$27.38B | ― | -3.20% | ― | ― | ― |
Horizon Robotics Class B Corporate Events
Horizon Robotics, a company incorporated in the Cayman Islands, has announced the grant of awards under its Post-IPO Share Incentive Plan. On October 15, 2025, the company granted awards representing 11,099,400 Class B Ordinary Shares to 133 grantees, including employees and service providers. The awards vest over a period of 45 to 48 months without performance targets, and include clawback mechanisms for misconduct. This move is part of Horizon Robotics’ strategy to incentivize and retain talent, potentially impacting its operational efficiency and stakeholder relations.
The most recent analyst rating on (HK:9660) stock is a Hold with a HK$10.00 price target. To see the full list of analyst forecasts on Horizon Robotics Class B stock, see the HK:9660 Stock Forecast page.
Horizon Robotics has successfully completed the placing of 639,028,800 existing shares and a top-up subscription of new shares under a general mandate. The shares were placed at a price of HK$9.99 each to at least six independent third-party placees, ensuring no single placee became a substantial shareholder. This strategic move is expected to impact the company’s shareholding structure, potentially enhancing its market positioning and providing additional capital for future growth initiatives.
The most recent analyst rating on (HK:9660) stock is a Hold with a HK$10.00 price target. To see the full list of analyst forecasts on Horizon Robotics Class B stock, see the HK:9660 Stock Forecast page.
Horizon Robotics announced a placing and top-up subscription agreement involving existing shares and new shares under a general mandate. The agreement, coordinated by Goldman Sachs, Morgan Stanley, and UBS, involves selling existing shares at HK$9.99 each, representing a discount to recent trading prices. This move is expected to impact the company’s share capital and voting rights, with the new shares being issued under the general mandate without requiring shareholder approval.
The most recent analyst rating on (HK:9660) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on Horizon Robotics Class B stock, see the HK:9660 Stock Forecast page.
Horizon Robotics has entered into a Supplemental Agreement with its subsidiary, D-Robotics, to revise the annual caps for continuing connected transactions under the Product Solutions Sales Framework Agreement. This revision is necessary as the company anticipates that the actual transactions will exceed previous forecasts, necessitating higher annual caps for 2025 and 2026. The changes are subject to specific reporting and review requirements under the Hong Kong Stock Exchange’s Listing Rules but are exempt from circular and independent shareholders’ approval.
The most recent analyst rating on (HK:9660) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on Horizon Robotics Class B stock, see the HK:9660 Stock Forecast page.
Horizon Robotics has announced changes in its board of directors, with the resignation of Ms. Feiwen Tao and Dr. Juehui Zhang due to personal health reasons and retirement, respectively. Dr. Jian Xu and Mr. Jianjun Zhang have been appointed as new executive and non-executive directors, bringing extensive experience in intelligent vehicles and technology management to the company. These changes are expected to strengthen the company’s leadership and strategic direction in the intelligent robotics and automotive sectors.
The most recent analyst rating on (HK:9660) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on Horizon Robotics Class B stock, see the HK:9660 Stock Forecast page.
Horizon Robotics has announced the composition of its board of directors, detailing the roles and functions of its executive, non-executive, and independent non-executive directors. The announcement also outlines the membership of four key board committees, which are crucial for the company’s governance and operational oversight.
The most recent analyst rating on (HK:9660) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on Horizon Robotics Class B stock, see the HK:9660 Stock Forecast page.
Horizon Robotics announced its unaudited interim results for the first half of 2025, showing a 67.6% increase in revenue compared to the same period in 2024, despite a 44% rise in operating loss. The company achieved significant milestones, including doubling shipment volumes and increasing the content value per vehicle, driven by the growth in intelligent assisted driving technology. Horizon Robotics maintained its leading market position in ADAS solutions and intelligent driving solutions among Chinese OEMs, with a notable increase in shipments of highway navigate on autopilot (NOA) solutions, primarily due to the success of its Journey 6 series products.
The most recent analyst rating on (HK:9660) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on Horizon Robotics Class B stock, see the HK:9660 Stock Forecast page.
Horizon Robotics has announced a board meeting scheduled for August 27, 2025, to review and approve the company’s interim results for the first half of the year and consider the payment of an interim dividend. The company will also hold an earnings conference call on the same day, providing stakeholders an opportunity to discuss the financial outcomes and future prospects.
The most recent analyst rating on (HK:9660) stock is a Buy with a HK$6.10 price target. To see the full list of analyst forecasts on Horizon Robotics Class B stock, see the HK:9660 Stock Forecast page.