Roborock's 2024 Annual Report Released Remarkable Performance Growth and Innovation Results
DATE:  Apr 03 2025

K Fig. 688169_0

On the evening of April 3, Roborock (stock code: 688169) released its 2024 annual report, showing its strong development trend and outstanding innovation achievements in the field of smart cleaning appliances.

The performance has grown steadily, and the dividends have been turned into dividends to return to shareholders

In 2024, Roborock's operating income will reach 11.945 billion yuan, a year-on-year increase of 38.03%, and the net profit attributable to shareholders of listed companies will be 1.977 billion yuan. The company plans to distribute a cash dividend of 1.07 yuan (tax included) per share to all shareholders, with a total cash dividend of 198 million yuan (tax included), and at the same time, the total share capital will increase to 259 million shares for every 10 shares to all shareholders with capital reserves.

Driven by technological innovation, the product matrix is diversified

The company's main products are intelligent sweeping robots, floor scrubbers, washing and drying machines and other intelligent hardware. In the field of sweeping robots, it is the first to apply advanced technologies such as lidar on a large scale, and the new products add rich functions such as hot water washing and mopping to achieve an intelligent leap; The floor scrubber integrates technologies such as double roller brushes and intelligent washing and drying, and the cleaning and self-cleaning capabilities are significantly improved. The self-developed molecular sieve adsorption dryer, washing and drying machine solves the pain points of traditional drying, meets the needs of embedded home decoration, and expands multi-scene modules to continuously upgrade functions.

In the technology-intensive smart cleaning appliance industry, Roborock continues to lead the rapid iteration of industry technologies and products by relying on its core algorithms, data accumulation and algorithm capabilities to build competitive barriers.

The industry position is leading, and the honor blessing shows the strength

As a pioneer in the application of technology in the industry, Roborock provides consumers with full-scene cleaning solutions with leading algorithms, innovative R&D and strict quality management. In 2024, the company's R&D investment will be 971 million yuan, a year-on-year increase of 56.93%, R&D personnel will account for 40.74%, and 741 new authorized patents will be added. The company and its products have won many honors at home and abroad, such as "Red Dot Design Award" and "Best of IFA 2024", and the brand influence and industry status have been further consolidated.

The industry has broad prospects and a clear layout in the future

The global smart cleaning appliance market is growing rapidly, and the global shipments and sales of smart sweeping robots will achieve double-digit growth in 2024. Chinese brands are expanding their market share in the world by virtue of their technological and functional advantages. In the future, sweeping robots will integrate humanoid robot technology and AI large models to achieve intelligent re-upgrading. Roborock will focus on technological innovation and product optimization, enhance international competitiveness, expand global business territory, and strive to create a high-quality intelligent life for global consumers.

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