Earnings Alerts

Beijing Roborock Technology (688169) Earnings Surpass Estimates in 1Q with Increased Net Income

  • Roborock’s net income for Q1 exceeded estimates, coming in at 398.8 million yuan as opposed to the predicted 349 million yuan.
  • The company’s revenue was notably higher than expected, grossing 1.84 billion yuan over the estimated 1.55 billion yuan.
  • Earnings Per Share (EPS) stood at strong 3.03 yuan.
  • The company ratings are highly favourable, with 33 buys, 2 holds, and 0 sells.

A look at Beijing Roborock Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Beijing Roborock Technology, a company specializing in manufacturing household vacuum cleaners and robotic home cleaners, is positioned for long-term success based on Smartkarma Smart Scores analysis. With an impressive Growth score of 4 and a perfect Resilience and Momentum score of 5, the company shows great potential for expanding its market presence and maintaining stable performance over time. The Value and Dividend scores, both at 2, indicate moderate financial standing and dividend offerings. This suggests that while not undervalued, Beijing Roborock Technology has room for growth and is suitable for investors seeking both capital appreciation and income.

As a leader in producing robotic home cleaners and other cleaning appliances, Beijing Roborock Technology is well-positioned to capitalize on the growing demand for smart home technologies. The company’s strong Resilience and Momentum scores indicate its ability to weather market fluctuations and sustain growth momentum. With a solid Growth score highlighting its potential for expansion, Beijing Roborock Technology is a promising investment option for those looking to benefit from the innovation and growth within the household appliance industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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