Ecovacs Robotics Co Ltd
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Ecovacs Robotics Co Ltd
Accrued Liabilities
Ecovacs Robotics Co Ltd
Accrued Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accrued Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
E
|
Ecovacs Robotics Co Ltd
SSE:603486
|
Accrued Liabilities
ÂĄ294.3m
|
CAGR 3-Years
43%
|
CAGR 5-Years
60%
|
CAGR 10-Years
N/A
|
|
Haier Smart Home Co Ltd
SSE:600690
|
Accrued Liabilities
ÂĄ5.7B
|
CAGR 3-Years
18%
|
CAGR 5-Years
16%
|
CAGR 10-Years
19%
|
||
Hisense Home Appliances Group Co Ltd
SZSE:000921
|
Accrued Liabilities
ÂĄ1.4B
|
CAGR 3-Years
22%
|
CAGR 5-Years
21%
|
CAGR 10-Years
19%
|
||
Zhejiang Supor Co Ltd
SZSE:002032
|
Accrued Liabilities
ÂĄ327.1m
|
CAGR 3-Years
6%
|
CAGR 5-Years
5%
|
CAGR 10-Years
6%
|
||
Midea Group Co Ltd
SZSE:000333
|
Accrued Liabilities
ÂĄ7.6B
|
CAGR 3-Years
6%
|
CAGR 5-Years
8%
|
CAGR 10-Years
17%
|
||
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
|
Accrued Liabilities
ÂĄ6.7B
|
CAGR 3-Years
21%
|
CAGR 5-Years
12%
|
CAGR 10-Years
17%
|
Ecovacs Robotics Co Ltd
Glance View
Ecovacs Robotics Co., Ltd. emerged from the bustling innovation landscape of Suzhou, China, establishing itself as a significant player in the global home robotics industry. Founded in 1998, the company initially focused on the production of vacuum cleaners but pivoted in 2006 to specialize in the development of robotic solutions designed to enhance everyday living. Ecovacs became well-known for its DEEBOT series, which are smart robotic vacuum cleaners that have gained popularity for their advanced features like smart navigation and multi-floor mapping. These products are designed to integrate seamlessly with modern smart homes, emphasizing user convenience and efficiency. The company has extended its innovation into other robotic products such as window cleaning robots and air purification robots, catering to consumers' growing demands for automation in household chores. Ecovacs makes money primarily through sales of its robotic products, which are marketed both domestically and internationally. It leverages e-commerce platforms alongside traditional retail channels to reach a broad consumer base, thus maximizing market penetration. With a robust research and development department, Ecovacs continuously enhances its product line, focusing on integrating artificial intelligence and machine learning technologies into its robots. These efforts not only improve the functionality of their products but also help in capturing a larger share of the smart home market. Additionally, the company offers an array of accessories and parts for its products, creating a secondary revenue stream through these complementary sales. By continuously expanding and updating its product offerings, Ecovacs ensures sustained growth and adaptation in an increasingly competitive market.
See Also
What is Ecovacs Robotics Co Ltd's Accrued Liabilities?
Accrued Liabilities
294.3m
CNY
Based on the financial report for Sep 30, 2024, Ecovacs Robotics Co Ltd's Accrued Liabilities amounts to 294.3m CNY.
What is Ecovacs Robotics Co Ltd's Accrued Liabilities growth rate?
Accrued Liabilities CAGR 5Y
60%
Over the last year, the Accrued Liabilities growth was 290%. The average annual Accrued Liabilities growth rates for Ecovacs Robotics Co Ltd have been 43% over the past three years , 60% over the past five years .