Beijing Roborock Technology (688169.SH) saw its revenue soar by 79% in the first half of the year, with its floor cleaning robot market share skyrocketing to second place, showing increased growth potential.

date
15/08/2025
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GMT Eight
STONE Technology (688169.SH) delivered a semi-annual report with performance growth exceeding expectations.
Beijing Roborock Technology (688169.SH) has delivered a half-year report with performance growth exceeding expectations. The semi-annual report released by Beijing Roborock Technology on August 15 showed that the company achieved revenue of 7.903 billion yuan in the first half of the year, an increase of 78.96% compared to the same period last year. Adhering to the strategic vision of "becoming a globally leading technology home appliance company," Beijing Roborock Technology has always focused on consumer needs and launched a series of intelligent cleaning products, including the Siasun Robot & Automation smart floor sweeper, floor scrubber, washer-dryer combo, and other smart appliances, providing consumers with a complete home cleaning solution for all scenarios, helping consumers liberate their hands with technology. The G30 Space Explorer version of the Siasun Robot & Automation floor sweeper launched in the first half of 2025 is equipped with a five-axis folding bionic mechanical arm, achieving a revolutionary historical leap from two-dimensional space cleaning to three-dimensional space exploration; the A30 Pro Steam floor scrubber introduced the world's first dual-mode steam washing + hot water washing floor cleaning; and the Z1 Plus washer-dryer is the industry's first washing-drying combo machine below ten thousand yuan, causing a market sensation with a price of less than 5000 yuan, breaking the pricing dominance of traditional home appliance companies. Meanwhile, in the domestic market, benefiting from the "trade-in for new" subsidy policy in the home appliance industry, the company's business revenue achieved rapid growth; in the overseas market, by refining channel layouts and expanding into new markets, the company has increased its brand and product influence, achieving a significant increase in the company's overseas business revenue. In terms of floor sweepers, according to the latest IDC report, after securing the title of "global leader in terms of volume and value" in 2024, in the first quarter of 2025, Beijing Roborock Technology's global shipments reached 982,000 units, maintaining its position as the top in shipments with a market share of 19.3%, a 50.7% year-on-year increase. The two regions with the highest shipment volume are China and Western Europe, accounting for over 50% of the total global shipments. In countries such as the Czech Republic, Denmark, Finland, Germany, Israel, South Korea, Norway, Poland, Sweden, Turkey, and the United Arab Emirates, Beijing Roborock Technology's shipment volume ranks first. In terms of floor scrubbers, according to data from Oviyun.com, in February 2025, Beijing Roborock Technology's online channel sales of floor scrubbers accounted for 13.1% of the market share, narrowing the gap between it and the leading competitors. By April, the company's online sales of floor scrubbers increased by 1065% year-on-year, with a market share rising to 19%. During the first period of the 618 shopping festival, according to data from Oviyun.com, Beijing Roborock Technology's market share of floor scrubbers had risen to second place. Beijing Roborock Technology stated that the company will continue to promote brand building, refine marketing strategies, continually expand reach to domestic and international users, explore market potential, and increase the company's market share. At the same time, the company will implement a dual-track research and development strategy, focusing on technological innovation and iterations of products, enabling the company to continuously introduce high value-added new products and lead industry development with technological innovation.