Beijing Roborock Technology Co Ltd
SSE:688169
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Beijing Roborock Technology Co Ltd
Income from Continuing Operations
Beijing Roborock Technology Co Ltd
Income from Continuing Operations Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Income from Continuing Operations | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Beijing Roborock Technology Co Ltd
SSE:688169
|
Income from Continuing Operations
ÂĄ2.1B
|
CAGR 3-Years
14%
|
CAGR 5-Years
46%
|
CAGR 10-Years
N/A
|
||
Haier Smart Home Co Ltd
SSE:600690
|
Income from Continuing Operations
ÂĄ18.9B
|
CAGR 3-Years
12%
|
CAGR 5-Years
8%
|
CAGR 10-Years
11%
|
||
Hisense Home Appliances Group Co Ltd
SZSE:000921
|
Income from Continuing Operations
ÂĄ5B
|
CAGR 3-Years
18%
|
CAGR 5-Years
25%
|
CAGR 10-Years
20%
|
||
Zhejiang Supor Co Ltd
SZSE:002032
|
Income from Continuing Operations
ÂĄ2.3B
|
CAGR 3-Years
4%
|
CAGR 5-Years
4%
|
CAGR 10-Years
12%
|
||
Midea Group Co Ltd
SZSE:000333
|
Income from Continuing Operations
ÂĄ37.6B
|
CAGR 3-Years
9%
|
CAGR 5-Years
9%
|
CAGR 10-Years
13%
|
||
Gree Electric Appliances Inc of Zhuhai
SZSE:000651
|
Income from Continuing Operations
ÂĄ29.4B
|
CAGR 3-Years
7%
|
CAGR 5-Years
1%
|
CAGR 10-Years
8%
|
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 Income from Continuing Operations?
Income from Continuing Operations
2.1B
CNY
Based on the financial report for Dec 31, 2023, Beijing Roborock Technology Co Ltd's Income from Continuing Operations amounts to 2.1B CNY.
What is Beijing Roborock Technology Co Ltd's Income from Continuing Operations growth rate?
Income from Continuing Operations CAGR 5Y
46%
Over the last year, the Income from Continuing Operations growth was 73%. The average annual Income from Continuing Operations growth rates for Beijing Roborock Technology Co Ltd have been 14% over the past three years , 46% over the past five years .