Sensetime Group, Inc. Class B · HKEX:20
Sensetime Group, Inc. Class B — H1 2026 Earnings Presentation
29 slides from Sensetime Group, Inc. Class B's earnings presentation, August 2026
Slide 1: 2026 Interim Results Presentation
SenseTime Group Inc. 2026 Interim Results Presentation TO CREATE A BETTER AI-EMPOWERED FUTURE THROUGH INNOVATION 2026.08
Slide 2: Disclaimer
Disclaimer The information in this presentation has been prepared by representatives of SenseTime Group Inc. (the "Company", and together with its subsidiaries, the "Group") for use in presentations by the Group for information purposes. No part of this presentation should form the basis of, or be r
Slide 3: 2026 Interim Results: Financial Highlights
2026 Interim Results: Financial Highlights Group Revenue Generative AI Gross Profit Gross Margin RMB 2,911 Million RMB 2,327 Million RMB 1,206 Million 41.4% 23.4% YoY 28.2% YoY 32.9% YoY 294 Basis points 79.9% of Group Revenue Rapid growth in recurring revenue1 demonstrating Adjusted (Non-IFRS) net
Slide 4: Generative AI: Building System-Level AI Capabilities
Generative AI: Building System-Level AI Capabilities “1” Model System “1” Token Factory “1” Agent Harness 4
Slide 5: "1" Model System - Continuously Pushing the Boundaries of Intelligence
“1”Model System - Continuously Pushing the Boundaries of Intelligence Multimodal LLM Multimodal Agent Physical AI 5
Slide 6: Native Unified Understanding and Generation
“1”Model System – Native Unified Understanding and Generation Native Unified Understanding and Generation Laying the Foundation of Model Architecture Start of 2026 2026.04 2026.07 2026.08 NEO-Unify SenseNova U1 SenseNova Vision SenseNova U1.5-Lite SenseNova U1.5 Native unified Directly understand Un
Slide 7: Improving Visual Reasoning and Controllable Generation
“1”Model System – Improving Visual Reasoning and Controllable Generation Multiple Tasks 1 Outperforming SenseNova Vision Banana Vision （Google DeepMind) Notes：1. structured visual understanding, dense geometric prediction, image segmentation, and multi-view 3D geometry Scored 68.3 8B-MoT achieves na
Slide 8: Building System-Level High-Value Delivery Capabilities: Office Scenarios
“1”Model System – Building System-Level High-Value Delivery Capabilities Multimodal Long-Horizon Agents System-Level High-Value Delivery Capabilities Office Scenarios SenseNova 6.8-Flash-Lite Achieving simultaneous optimization of quality and delivery cost Token consumption is on average c.60% lower
Slide 9: Building System-Level High-Value Delivery Capabilities: Content Creation
“1”Model System – Building System-Level High-Value Delivery Capabilities Multimodal Long-Horizon Agents System-Level High-Value Delivery Capabilities Content Creation UPCOMING SenseNova U1-Pro Scaling and Agentic Generation SenseNova Evolve from generating single images towards delivering profession
Slide 10: Physical AGI: Driving Convergence of Digital and Physical Intelligence
“1”Model System – Driving the Convergence of Digital and Physical Intelligence Physical AGI Digital Intelligence → Physical Intelligence Spatial Intelligence World Model SenseNova SI–8B Kairos 3.1 8B Parameters 8B Parameters - BF16 precision 125ms Inference latency Achieved leading levels across 8 B
Slide 11: Token Factory
1 Token Factory Elevating from Compute Provisioning \ 1 to Scaled Intelligence Production } g > ae te Compute Supply Token Factory
Slide 12: Token Factory - Advancing Technical Frontiers and Large-Scale Commercial Adoption
"1" Token Factory – Advancing Technical Frontiers and Large-Scale Commercial Adoption Ultra-long Context Large-scale RL Heterogeneous Domestic Software & Parallel Training Acceleration Hybrid Inference Hardware Adaptation Agent Models RL Post-Training Stage LightX2V Large-Scale Deployment 2 6 Shorte
Slide 13: Token Factory - Driving Domestic Compute Ecosystem Building
"1" Token Factory – Driving Domestic Compute Ecosystem Building Mainstream Domestic Chip MFU¹ Improvement Continuously Expanding the Global Footprint of Token Services Up to 2.5x 1.0x SenseCore Installation Saudi Arabia Hong Kong, China Domestic Chip Manufacturer’s Optimization First Overseas Larges
Slide 14: Token Factory - Rapid Growth in Token Services
"1" Token Factory – Rapid Growth in Token Services 2.4 Trillion+ Compute operations foundation The total compute scale under our operation reached 48,000 P1 Breakthrough in commercial expansion Average Daily Token Usage | 22x YoY Increase Provide services to 4 external foundation model providers Com
Slide 15: Token Factory - Continuously Reducing Unit Intelligence Cost
"1" Token Factory – Continuously Reducing Unit Intelligence Cost Compute-Energy Synergy Agent Annual Carbon Reduction Compute Management AI Load Forecasting Accuracy Annual Carbon Reduction 每万P年化碳减排能力 per 10,000P Tons 24,000 tons Average Unit Electricity Cost Reduction 4,000 tons RMB 1 millio n Data
Slide 16: Agent Harness - Delivering Complete Tasks to Enterprises and Individuals
"1" Agent Harness – Delivering Complete Tasks to Enterprises and Individuals Various Agent Products designed to handle diverse users, industries, and tasks Content Generation Terminal Interaction Office Agents Agents Agents Agent Harness Task Intelligent Reliable Understanding Scheduling Delivery Un
Slide 17: Enterprise Agent Services: Deep into Workflows, Delivering Business Outcomes
Enterprise Agent Services: Deep into Workflows, Delivering Business Outcomes Public Cloud Enterprise On-Premise FDE API Services Services Deployment Services 500 % 600 % X 10 10,000 Min 1.5 bn 10 productions Growth in user base Growth in Growth in the number of Daily video output Cumulative Short dr
Slide 18: Personal Assistants: Bringing Enterprise-Grade AI Capabilities to Users
Personal Assistants: Bringing Enterprise-Grade AI Capabilities to Users “Personal CXO” User Growth Product Matrix 45m Kapi Money Personal Financial Assistant 45 Million Kapi Family Users Kapi Health Personal Health Assistant 0.9m Kapi Camera Personal Creative Assistant 2025.01 2025.06 2025.12 2026.0
Slide 19: Computer Vision: Further Strengthening Our Leadership
Computer Vision: Further Strengthening Our Leadership 20 4,500 + 67 % 14 % Overseas countries and Cumulative number Repurchase rate1 Revenue growth regions covered of customers Ranked No.1 Ranked No.1 Global & APAC National Science and Generative AI CV Ten Consecutive Years Vision AI Market (Omdia)3
Slide 20: Ecosystem Strategy: Connecting Digital and Physical Intelligence
Ecosystem Strategy: Connecting Digital and Physical Intelligence …… Embodied Intelligent Optical/Quantum Intelligence Terminals Computing A I I n f r a …… One Model System + One Token Factory + One Agent Harness 20
Slide 21: Financial Review
Financial Review -
Slide 22: Revenue and Gross Profit
Revenue and Gross Profit Revenue Gross Profit Gross Margin (RMB million) (RMB million) 2,911 44.1% 41.4% 2,358 38.5% 1,740 1,206 908 767 1H 2024 1H 2025 1H 2026 1H 2024 1H 2025 1H 2026 1H 2024 1H 2025 1H 2026 21.4% 35.6% 23.4% 18.2% 18.4% 32.9% yoy growth yoy growth 22
Slide 23: Profitability Metrics
Profitability Metrics Adjusted(1) EBITDA EBITDA Adjusted(1) Net Loss Net Income / Loss (RMB million) (RMB million) (RMB million) (RMB million) 1,388 617 385 (386) (540) (848) (1,182) (1,489) (1,907) (2,041) (2,343) (2,477) 1H 2024 1H 2025 1H 2026 1H 2024 1H 2025 1H 2026 1H 2024 1H 2025 1H 2026 1H 20
Slide 24: Operating Expenses
Operating Expenses R&D Expenses G&A Expenses Selling Expenses Operating Expenses (RMB million) (RMB million) (RMB million) (RMB million) Opex (excl. SBC) Opex (excl. SBC) Opex (excl. SBC) Opex (excl. SBC) SBC SBC SBC SBC 2,956 2,988 125 153 2,545 225 2,119 1,892 77 59 1,756 111 2,831 2,835 2,319 735
Slide 25: Working Capital
Working Capital Provision for Impairment as % of Gross Trade Turnover Days – Average Method (1) Receivables (Balance Sheet) Cash Conversion Cycle 67.7% 57.5% 46.5% 398 162 128 375 1H 2024 1H 2025 1H 2026 Net Impairment Losses (Income Statement) 194 172 (RMB million) 149 35 126 100 67 (143) 56 35 (58
Slide 26: Capex and Cash Balance
Capex and Cash Balance Capex(1) Total Cash Reserve(2) Equity and Bond Investment(3) (RMB million) (RMB million) (RMB million) Equity Investment Bond Investment (5%) 109% 60% 13,845 13,158 12,781 9,913 1,305 6,675 6,107 1,671 11,476 1,313 2,337 1,460 5,004 4,794 700 1H 2024 1H 2025 1H 2026 1H 2024 1H
Slide 27: Strategic Outlook
Strategic Outlook “1”Model System “1” Token Factory “1” Agent Harness Driving multimodal agents to Driving the Token Factory to evolve from Driving multi-agent collaboration deeper into continuously evolve through scaled intelligence production towards Task personal and enterprise workflows real-wor
Slide 28: BAT ALAS AU A I He BD
mS) BAT ALAS AU A I He BD Language is the direct reality of human thought. WEA AL A HI BA ILE C BLE TAB eae oe a Le langage est 1a realite directe de la pensee humaine. Pall FAM wok) was at Rawk. — sto ruman peaninoocts pensoveckoon Hscu. EI lenguaie es la realidad directa der pennnominihal ou) smor
Slide 29: THANKS!
THANKS! TO CREATE A BETTER AI-EMPOWERED FUTURE THROUGH INNOVATION 2026.08