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Horizon Robotics stock: key metrics
9660.HKHorizon Robotics had an operating margin of −109% and a return on invested capital (ROIC) of −74.9% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2021 | 70.9% | −286.1% | −441.7% |
| 2022 | 69.3% | −235.4% | −962.8% |
| 2023 | 70.5% | −130.9% | −434.3% |
| 2024 | 77.3% | −90.0% | 98.4% |
| 2025 | 64.5% | −109.0% | −278.6% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2021 | 24.6% | −10.5% | −19.5% |
| 2022 | 50.0% | −17.5% | −88.1% |
| 2023 | 27.3% | no data | −42.5% |
| 2024 | 19.7% | no data | 11.5% |
| 2025 | −80.7% | −74.9% | −33.3% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 13 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = HK$7.8782, $1 = CN¥6.6683)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 2 Jan 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.