Professional
Added to YB: 2023-12-06
Pitch date: 2023-12-04
0020.HK [bearish]
SenseTime Group Inc.
-63.7%
current return
Author Info
Grizzly Research produces differentiated research insights on publicly traded companies through in-depth due diligence. Sign up for the newsletter.
Company Info
SenseTime Group Inc., an investment holding company, research, develops and sells artificial intelligence software platforms in Mainland China, Northeast Asia, Southeast Asia, and internationally.
Market Cap
HKD 46.9B
Pitch Price
HKD 1.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
-10.63
P/E
-9.88
EV/Sales
10.76
Sector
Software
Category
special_situation
We Believe SenseTime is Artificially (Un)Intelligently Inflating Revenue Through Highly Questionable Revenue Round-Tripping Schemes
0020.HK accused of round-tripping revenue scheme,ballooning A/R suggest fake rev or collection issues. Unprofitable, reliant on Chinese gov, US blacklist, strong rivals. Insiders exiting,toxic culture,lay-offs,opaque related party deals,weak AI tech. Scrutinize hype vs reality
Read full article (25 min)