Beijing Roborock Technology Co Ltd
SSE:688169
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Beijing Roborock Technology Co Ltd
Total Equity
Beijing Roborock Technology Co Ltd
Total Equity Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Total Equity | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Beijing Roborock Technology Co Ltd
SSE:688169
|
Total Equity
ÂĄ11.4B
|
CAGR 3-Years
17%
|
CAGR 5-Years
75%
|
CAGR 10-Years
N/A
|
||
Haier Smart Home Co Ltd
SSE:600690
|
Total Equity
ÂĄ105.7B
|
CAGR 3-Years
11%
|
CAGR 5-Years
19%
|
CAGR 10-Years
17%
|
||
Hisense Home Appliances Group Co Ltd
SZSE:000921
|
Total Equity
ÂĄ14.2B
|
CAGR 3-Years
11%
|
CAGR 5-Years
11%
|
CAGR 10-Years
15%
|
||
Zhejiang Supor Co Ltd
SZSE:002032
|
Total Equity
ÂĄ5.1B
|
CAGR 3-Years
-10%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
4%
|
||
Midea Group Co Ltd
SZSE:000333
|
Total Equity
ÂĄ208.9B
|
CAGR 3-Years
21%
|
CAGR 5-Years
16%
|
CAGR 10-Years
19%
|
||
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
|
Total Equity
ÂĄ117.8B
|
CAGR 3-Years
8%
|
CAGR 5-Years
3%
|
CAGR 10-Years
11%
|
Beijing Roborock Technology Co Ltd
Glance View
In the bustling tech landscape of Beijing, a remarkable story unfolds with Beijing Roborock Technology Co Ltd. Established in 2014, this innovative company quickly carved out a niche in the competitive realm of home robotics. Roborock's journey began with an acute understanding of modern-day customer needs—time-saving and convenience. They have turned this understanding into high-tech reality by designing and manufacturing intelligent home-cleaning devices, primarily robotic vacuum cleaners and mop systems. These devices don't just roam around; they're embedded with cutting-edge technologies such as advanced navigation systems and AI-powered algorithms, capable of learning the layouts of customers' homes and optimizing cleaning routes efficiently. Roborock's business model thrives by marrying innovation with accessibility. It hooked consumers initially with its partnership with Xiaomi, a well-known electronics company. Through Xiaomi's platform, Roborock was able to reach a vast audience, establishing credibility and brand recognition. This strategic collaboration, coupled with direct-to-consumer sales from their own website, allows Roborock to circumvent traditional retail distribution, keeping costs competitive while maximizing profit margins. The company also invests heavily in research and development to stay ahead of the rapid technological advances and shifts in consumer preferences, ensuring a steady stream of sophisticated products and updates that keep its loyal customer base engaged and growing globally.
See Also
What is Beijing Roborock Technology Co Ltd's Total Equity?
Total Equity
11.4B
CNY
Based on the financial report for Dec 31, 2023, Beijing Roborock Technology Co Ltd's Total Equity amounts to 11.4B CNY.
What is Beijing Roborock Technology Co Ltd's Total Equity growth rate?
Total Equity CAGR 5Y
75%
Over the last year, the Total Equity growth was 19%. The average annual Total Equity growth rates for Beijing Roborock Technology Co Ltd have been 17% over the past three years , 75% over the past five years .