涂鸦智能-W股价在近一周呈现波动上行态势。2月16日收盘价为17.20港元，单日上涨4.31%；2月20日 回调至16.80港元，跌幅2.33%；截至2月23日最新收盘价报17.28港元，当日上涨2.86%。区间累计涨幅 为4.79%，振幅4.91%，成交额约176万港元。同期，恒生指数上涨2.53%，应用软件板块上涨1.92%。 股票近期走势 经济观察网 近期，AI应用概念股表现活跃，涂鸦智能作为AI云平台服务商受到市场关注。2月16日，AI 应用方向强势拉升，涂鸦智能-W当日股价上涨4.31%。行业层面，AI玩具等硬件需求增长显著，春节期 间相关品类成交同比暴增500倍，可能间接利好AI技术提供商。 以上内容基于公开资料整理，不构成投资建议。 ...

Company Overview - Tuya is transitioning from a behind-the-scenes tech platform to a leader in real-world AI, focusing on smart assistants, companion robots, and connected devices [1] - The company operates an AI cloud platform that enables brands and developers to create connected products without building the entire software infrastructure [2] Market Position - As of September 2025, Tuya had over 1.62 million registered developer accounts across more than 200 countries, showcasing its extensive global reach in the smart device ecosystem [3] - Tuya's market capitalization is approximately $1.2 billion, with a stock price range of $1.86 to $4.63 over the past 52 weeks [7] Financial Performance - Tuya reported a GAAP net profit of $15 million in Q3 2025, a significant improvement from losses the previous year, with gross margins reaching 48.3% [8] - The company holds about $1.026 billion in cash and has zero debt, which constitutes roughly 85% of its market cap, indicating a strong financial position [9] Product Innovations - At CES 2026, Tuya introduced a new Software-Hardware-Platform Physical AI ecosystem, indicating a shift towards AI that interacts with the real world [4] - The company unveiled "Hey Tuya," a multi-agent AI life assistant, and "Aura," its first AI pet companion robot, demonstrating its commitment to integrating AI into daily life [5][6] Investment Opportunity - Tuya's stock is seen as undervalued, with a disconnect between its price and fundamentals, making it an attractive investment for those looking for opportunities in the AI sector [8][9] - For a small investment of $100, investors can acquire approximately 45 shares of a profitable, cash-rich AI platform that is currently overlooked by the market [10]

Group 1 - The leading index of Chinese concept stocks rose by 0.94% on February 21 [1] - Among the constituent stocks, NetEase Youdao increased by nearly 10%, Hilltop Metal Mining rose over 5%, and Tuya Smart gained more than 4% [1] - Other notable gainers included Daylight Technology and Zhiyun Group, both rising over 3% [1] Group 2 - Century Internet and Lufax both fell by over 4%, while AHG and NEGG dropped more than 3% [1] - Other decliners included Wenyan Zhixing and Bilibili, which both decreased by over 2% [1]

经济观察网涂鸦智能-W(02391.HK)在2026年2月2日至13日期间，港股股价区间跌幅为1.32%，振幅 6.64%，2月13日收盘价16.49港元，单日下跌0.72%。同期美股(TUYA.N)表现更强，区间上涨8.61%，2 月13日收盘2.27美元，单日涨幅4.13%。港股股息率为5.38%，但成交清淡(如2月13日成交额仅12.5万港 元)，流动性较低。 股票近期走势 公司于2026年2月11日公告，将于3月2日召开董事会审议2025年全年业绩并讨论现金股息派发方案。股 息决策可能向市场传递两方面信号：正面影响：若派息力度超预期，可能被视为现金流充裕、盈利稳定 的信号，增强投资者信心。涂鸦智能2025年第三季度净利润率达18.2%，净现金储备约10.27亿美元，为 持续分红提供基础。负面影响：若分红低于预期或市场担忧资金用于分红可能制约AI等技术投入(公司 正推进Physical AI战略)，可能引发失望情绪。 资金面与技术面 港股涂鸦智能换手率长期低于0.1%，MACD指标显示短期动能偏弱(2月13日柱状图仅0.019)，股价受流 动性不足影响易放大波动。美股因成交更活跃，对股息消息反应可能更直 ...

Core Viewpoint - The company Tuya Inc. is recommended as a buy ahead of its upcoming Q4 and FY25 earnings results, which are expected to be released in the coming weeks [1]. Group 1: Company Overview - Tuya Inc. is positioned favorably in the market, with strong fundamentals and potential for growth [1]. Group 2: Analyst Background - The analyst has a background in petroleum and gas engineering and has transitioned into finance, focusing on technology, infrastructure, and internet services [1]. - The analyst emphasizes the importance of understanding how businesses grow and how markets react to data [1]. Group 3: Investment Philosophy - The investment approach is centered on long-term returns rather than short-term market fluctuations, aiming to connect with other investors who share similar values [1]. - The content includes a mix of analytical insights, charts, and engaging discussions around stocks [1].

经济观察网 涂鸦智能（纽交所代码：TUYA；港交所代码：02391）近期财务业绩实现扭亏为盈， AI+IoT平台业务持续扩展。 业绩经营情况 涂鸦智能在2025年11月公布的第三季度财报显示，总收入为8250万美元，同比增长约1.1%，毛利率提 升至48.3%，净利润实现扭亏为盈，达到1497.2万美元。经营活动现金流净额同比增长25.7%，反映出公 司盈利能力和现金流状况的改善。 业务进展情况 根据2026年1月的报道，涂鸦智能的AI+IoT平台持续扩展，已服务全球超9.3万家客户，连接智能设备超 1亿台，日处理设备请求量近500亿次。其Omni AI Foundation平台通过无代码工具降低开发门槛，助力 制造业智能化升级，业务覆盖近200个国家和地区。 近期事件 以上内容基于公开资料整理，不构成投资建议。 2025年12月，涂鸦智能荣获亚马逊云科技"年度设计合作伙伴"奖项，该奖项在re:Invent 2025大会上颁 布，表彰其在AI云平台领域的创新，特别是基于Amazon Bedrock构建的Omni AI Foundation基础设施， 提升了AI硬件的智能水平与响应效率。 ...

格隆汇2月11日丨涂鸦智能-W(02391.HK)公告，董事会兹通告谨定于香港时间2026年3月2日(星期一)举 行公司董事会会议，以(其中包括)考虑及通过(i)集团截至2025年12月31日止3个月的未经审计季度业绩 及其发布，(ii)集团截至2025年12月31日止年度全年业绩及其发布，(iii)建议宣派及派付现金股息，(iv) 处理其他事项。 ...

Core Viewpoint - Tuya Inc. will report its unaudited fourth quarter and preliminary fiscal year 2025 financial results on March 2, 2026, after market close, followed by a conference call to discuss the results [1]. Company Overview - Tuya Inc. is a global leading AI cloud platform service provider, focused on building an AI developer ecosystem and enabling smart solutions [1]. - The company offers a purpose-built AI cloud platform with capabilities in cloud and generative AI, providing a full suite of services including Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), and smart solutions for developers [1]. - Tuya has established a vibrant global developer community that includes brands, OEMs, AI agents, system integrators, and independent software vendors, all working towards a smart solutions ecosystem that emphasizes green and low-carbon principles, security, high efficiency, agility, and openness [1]. Financial Reporting - The financial results will be reported after market close on March 2, 2026, with a conference call scheduled for 07:30 PM Eastern Time on the same day [1]. - Participants must register online to receive dial-in information and a unique PIN for the conference call [1].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 Tuya Inc. 塗鴉智能* （於開曼群島註冊成立以不同投票權控制的有限責任公司） （香港聯交所股份代號：2391） （紐約證券交易所股票代碼：TUYA） 董事會會議召開日期 及 建議宣派現金股息 Tuya Inc.（「本公司」，連同其附屬公司及合併聯屬實體，統稱「本集團」）董事會 （「董事會」）茲通告謹定於香港時間2026年3月2日（星期一）舉行本公司董事會會 議（「董事會會議」），以（其中包括）考慮及通過(i)本集團截至2025年12月31日止 三個月的未經審計季度業績及其發佈，(ii)本集團截至2025年12月31日止年度全 年業績及其發佈，(iii)建議宣派及派付現金股息（「現金股息」），及(iv)處理其他事 項。如獲董事會批准，本公司將於董事會會議後另行刊發公告，以列明現金股息 的詳情。 本公司的管理層將於香港時間2026年3月3日（星期二）上午八時三十分（即美國東 部時間2026年3月2日 ...

Core Insights - The core value of consumer products is shifting from traditional "consumption" and "ceremony" to "companionship" and "growth," reflecting a societal desire for emotional connection [1] - Tuya Smart is transforming innovative AI concepts into market hits by collaborating with global clients [1] Group 1: AI Hardware and Applications - Tuya Smart's pet companion robot, Aura, was unveiled at CES 2026, addressing emotional needs of pets left alone and ensuring their health and safety [1] - Aura utilizes multimodal perception technology for remote interaction, automatic pet search, health monitoring, and abnormal behavior analysis [1] Group 2: Development and Market Trends - Tuya Smart's AI Agent development platform and TuyaOpen framework standardize AI capabilities, significantly lowering development barriers for developers [2] - The company enables developers to focus on enhancing user experience rather than technical challenges, promoting warmer interactions and more personalized companionship [2] - The rise of emotional and customizable consumer products marks a transition from functionality to emotional connection, with hardware evolving from tools to partners [2]