Now many people are not optimistic about SenseTime, why?

Now many people are not optimistic about SenseTime, including myself, I also expressed an attitude towards this, and then I will tell you the reason why I am not optimistic about SenseTime, which can be regarded as an exchange with you.

1.There is no main business.

Although SenseTime Technology is very well-known, many people are familiar with it. But ask yourself, do you know what the main and core business of SenseTime is? Even if it comes out, haven't you found that everyone is indifferent to this issue?

Yes, SenseTime is indeed well-known in the technology industry, and it has also had many landing cases, and its business scope is also very wide. Personally, I think that the business scope is so wide that I feel that SenseTime is a company that does everything and does everything. It's not that he's bad, but the wide range of involvement may be SenseTime's own business strategy and market positioning.

But the scope of the business is too wide, and none of the businesses can beat the leaders of the same industry. In today's high-speed development of network technology, what we need is not exactly, updated fast and efficient products, if a company can not adapt to the changes of the times and the taste of the public, then be eliminated, is not a normal fact.

2.High financing and high valuation.

Sina Finance, Straight Flush, etc. are all well-known financial **, and we can see a company's financial statements on these financial **. After looking at SenseTime's financial statements, we found that its main business income does not look good? This is mainly due to SenseTime's rounds of huge investments and pushing up valuations.

The reason for this is to deliberately create profits and losses, or losses, to shape operating income. The most direct way to put it is that the economy caused by this is actually a bubble farce. Now that many AI companies in the capital market are carrying out such operations, we have to worry about how the bubble farce will end in the future.

Because the technology is not mature enough, it is really lacking in confidence at present, because the ability shown is not very strong, and many people question it for a reason.

Because it has no landing cases, it is not favored by many people.

Because SenseTime does not have a main business, it does everything, but it does not have its own unique aspects.

Moreover, the financing and valuation of Shangtang Technology are too high, the actual revenue is relatively ugly, and the bubble value is high.

SenseTime is not a state-owned enterprise. Beijing SenseTime Technology Development **** is an artificial intelligence platform company, founded on November 14, 2014 by Tang Xiaoou, a professor in the Department of Information Engineering of the University of Hong Kong Chinese. The company focuses on the research and development of original technologies of computer vision and deep learning, and has launched a series of artificial intelligence technologies such as face recognition, image recognition, text recognition, medical image recognition, analysis, unmanned driving and remote sensing.

The development prospect of SenseTimeFor AI companies, the dispersion of their main business is a big taboo, and even among the AI tigers, there are many companies that have not yet found a suitable business direction. However, SenseTime is relatively clear on this point. In terms of main business, SenseTime's revenue mainly comes from smart business, smart city, smart life and smart car.

At present, the first two contribute almost 85% of SenseTime's revenue.

On December 30, 2021, SenseTime officially landed on the Hong Kong Stock Exchange, once rising by more than 21%, with a market value of more than HK $150 billion. According to the prospectus, Futu, CICC, Haitong International, HSBC and others jointly served as the underwriters of the IPO.

According to a report by Frost & Sullivan, SenseTime is the largest AI software company in Asia in terms of revenue in 2020, and has become the largest computer vision software provider in China with an 11% revenue market share in 2020.

Since its inception, SenseTime has won more than 70 championships in various global competitions, published more than 600 top-level academic papers**, and has more than 8,000 AI patents and patent applications.

According to the prospectus, SenseTime's revenue in 2018, 2019 and 2020 was 100 million yuan, 100 million yuan and 100 million yuan respectively; Revenue in the first half of 2021 was 100 million yuan, an increase compared with the first half of 2020. Gross profit margin reached and reached in 2018, 2019 and 2020, respectively, and reached 73% in the first half of 2021.

The main boards of Shanghai and Shenzhen, the small and medium-sized boards, and the Growth Enterprise Market have not been found. I don't know if there are other markets.

There is a Shangtong Technology, I don't know if it's what you're looking for. Shangtong Technology ** 837839.

There may be two reasons for the loss, one is that this group of people makes money in the name of AI development, and the other is that this group of people is overconfident and does not consider reality.

SenseTime. Known as the AI Four Little Dragons.

One of them can be said to be in the limelight in the AI industry, but this company is not as glamorous as it seems, according to news reports.

They have already lost 24.2 billion. Of course, this is only news, most of them are superficial data, and it should not reach this level for those who understand reports. Having said that, losses are an immutable fact, and there seems to be no better solution than going public.

The cause of the incident should start with Tang Xiaoou.

In 2014, the team released the content of face recognition, which had a very high accuracy rate, so it became famous in the circle. After being recognized, there was capital to invest, and Tang Xiaoou's team moved from the laboratory to the company. Affected by the general environment, people's attention to AI has always been very high, and SenseTime, which is dominated by Tang Xiaoou, is also known as the AI Four Dragons.

But after so many years, the team that transformed into a company has not developed very well, fromProspectusIt looks like they have lost 100 million in three and a half years (it should actually be 100 million).

From a personal point of view, there are probably two reasons for the loss, one is that Tang Xiaoou himself wants to rely on the guise of AI.

Make hay. This statement has some "conspiracy theory" implications, and it should not be so; Second, the team's ambition is too great, and the investment of capital cannot meet their R&D needs. To put it simply, it doesn't consider the reality, and the money it gives is only enough to travel around China, and the team just wants to travel the whole thingSolar system

From the perspective of ordinary people, it is very tragic to lose more than 2 billion yuan, but in fact, this problem does not exist. Looking carefully at the relevant data, part of the company's losses are due to the use of high-level management, which can be understood as "wages". Now that SenseTime is about to go public, there may be a large number of shareholders who are optimistic about the prospects of AI and help capital stop loss.

There is e-commerce, and some people can buy what they like without leaving home, which is why this place has such a big loss.

Because the company's development is not particularly good now, and it has encountered many people's difficulties, it has suffered such a big loss.

Affected by the epidemic, coupled with the fact that the company's recent profitability is not particularly good, and there are no particularly high-quality products, the sales volume of the products is relatively low, and the **** is also relatively low.

It's already on the market.

1.As the world's leading artificial intelligence software company, SenseTime.

With the mission of "insisting on originality and letting AI lead human progress", "artificial intelligence will connect the physical world and the digital world and promote social productivity."

sustainable development, and bring people a better virtual and real life experience", aiming to continue to lead the cutting-edge research of artificial intelligence, continue to build a more expansive and inclusive artificial intelligence software platform, promote economic, social and human development, and continue to attract and cultivate top talents to jointly shape the future.

2.SenseTime has a deep academic accumulation and long-term investment in original technology research, and continues to enhance its industry-leading full-stack AI capabilities, covering key technology infiltration fields such as perceptual intelligence, decision-making intelligence, intelligent content generation and intelligent content enhancement, as well as AI chips, AI sensors and AI computing power.

Critical capabilities, including infrastructure. In addition, SenseTime has built a new type of artificial intelligence infrastructure, SenseCore AI jujube wheel device, which connects computing power, algorithms and platforms, and greatly reduces artificial intelligence production factors**.

3.Achieve high-efficiency, low-cost, and large-scale AI innovation and implementation, and then open up the closed loop of business value, solve long-tail application problems, and promote artificial intelligence to enter the stage of industrial development. [49]

SenseTime's business covers smart business and smart city.

In the four major sectors of smart life and smart car, related products and solutions are well received by customers and partners.

Extended Information:1The core team of SenseTime in Hong Kong, Shanghai, Beijing, Shenzhen, Chengdu, Hangzhou, Nanping, Qingdao, Sanya and SenseTime is composed of two parts: one is from the Massachusetts Institute of Technology.

Chinese University of Hong Kong, Tsinghua University.

Ph.D., master's degree, etc. from Peking University; The other part is from Microsoft and Google.

Lenovo and other related fields. Intelligent Vision: A national open innovation platform for a new generation of artificial intelligence.

2.SenseTime has cooperated with Chinese University of Hong Kong and Zhejiang University.

It has established in-depth cooperation, jointly built joint laboratories and R&D centers, and established research teams with Tsinghua University, Peking University and other universities.

AI leader SenseTime**47% of the "**", found! The SenseTime ******,The prospectus shows that the company's pre-listing investors hold a provident fund per share, and the underlying investors hold a provident fund per share, accounting for a total of 233 shares per provident fund, accounting for 70% of the total market value of the company, and the public is obviously more than 200 provident fund per share, which is equivalent to a total public market value of more than 100 billion Hong Kong dollars, according to the total market value of SenseTime's 100 million, only on June 30, the total market value of SenseTime volatilized more than 92.1 billion Hong Kong dollars.

It is worth mentioning that including SoftBank Investment and Alibaba's bigwigs, all are shareholders of SenseTime, before the sale, SoftBank Investment Holdings, Alibaba Holdings, according to yesterday's **** calculation, Alibaba held his total market value of about 14.2 billion Hong Kong dollars, closing profits and losses about times, SoftBank Investment held a total market value of 100 million US dollars, and Xiaoxiao earned 150%. However, the root investors do not have this kind of good luck, and they have been looking forward to the public day for a long time, if they are not sold, they will be in a loss-making situation, and the root investors have lost 20% of their capital according to the cost of holding in Hong Kong dollars, so the total market capitalization** is not based on the self-service commitment of Xu Li, Wang Xiaogang, Xu Bing and other executives to "not sell the relevant Class B ** before December 29, 2022" as a migration.

In 2018 and 2021, SenseTime lost 100 million yuan, 100 million yuan, 100 million yuan, and 100 million yuan, with a total loss of more than 37.7 billion yuan in 4 years, with a continuous expansion development trend. After the launch of SenseTime, the total market value of SenseTime doubled in a short period of time, and the total market value soared to more than HK $300 billion, and new and old investors made deep profits. However, as soon as it was made public on June 30, Shenbian Shangtang suffered from Dazhou Shed, 40% of the **, which frightened investors.

It is worth mentioning that the future SenseTime has long fallen below its net worth, and there is a high probability that new and strong investors will be covered. From the rough scale development trend of the Internet, it is known that the increase in the explosion only needs to create a secret in the consumer-level sales market, such as Alibaba for the ** network Alipay wallet, Tencent official for the mobile phone WeChat, search for retrieval - that is also the root of the BAT boss. If AI causes a consumer-level scenario, it will definitely come out with other series of products outside of BAT.

The advent of application not only requires artistic creativity, but also the improvement of the calculation rate of the lowest hardware configuration.

1. "Lack of consumer-level AI scenarios From the brutal large-scale development of the mobile Internet, it can be seen that to detonate growth, it is only necessary to create an application killer in the consumer-level market, such as Ali for Alipay, Tencent for WeChat, and for search - this is also the fundamental respect for the BAT giants. If AI triggers consumer-level mega-containing scenarios, other series of giants other than BAT will definitely be born. The birth of applications not only requires creativity, but also a breakthrough in the hardware computing power of the old layer.

2. It is difficult to break through in the industry.

**Lifting the ban, the losses in the past few years are very serious, everyone is not particularly optimistic about this**, investors are more panicked, the investment environment is not particularly good, and I know that my brother will only be so serious after the ban is lifted.

It's because the number of people who buy this company is very small. And there are some problems with the company's current funding. As a result, the funds are not able to run with hunger. Lack of early encounter, the giant ** untainted and returned to the ban.