UBTECH Robotics Corp Ltd logo

UBTECH Robotics Corp Ltd

9880.HK

HKSEIndustrialsIndustrial - Machinery

Latest quote

HK$79.50

−HK$4.40 · -5.24%

Aug 24, 11:59 AM HKT

9880.HK company overview

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Company profile

Company website

Ubtech Robotics Corp Ltd focuses on the full spectrum of robotics, engaging in the research, development, manufacturing, commercialization, marketing, and global sale of its robotic products and accompanying services. The company offers a diverse array of solutions, beginning with educational smart robotics. This segment includes humanoid models like Yanshee and Alpha Mini, alongside the uKit and Jimu series, which facilitate interactive learning. Students can program these robots to perform various actions, such as dancing, fostering coding and programming skills. These robots are complemented by an AI-powered smart education platform and support services encompassing teacher training and operational assistance. For industrial clients, Ubtech provides logistics smart robotic solutions under its Wali series, comprising automated guided vehicles (AGVs) and automated mobile robots (AMRs). These are specifically designed for large-scale factories and warehouses, integrated with software for comprehensive warehouse management and manufacturing execution systems. Ubtech also develops sector-specific smart robots like the Cruzr, Walker, and ADIBOT series. These robots are engineered to perform a range of tasks, including guiding, reception, sanitation, security patrolling, safety inspections, environmental monitoring, and greeting visitors across various settings such as educational institutions, hospitals, airports, train stations, shopping malls, banks, and electrical substations. In the consumer market, the company manufactures household robots and devices, including the AiRROBO vacuum cleaner, AiRROBO cat litter box, and select Alpha Mini models for home use. Furthermore, Ubtech's portfolio extends to a variety of other specialized robots and platforms: the humanoid Panda Robot for service applications, a comprehensive healthcare cloud platform, the PATHFYNDER chair and WASSI trainer designed for seniors, the WELLI companion robot, the VERCARI cabinet delivery robot, the UBPet series of pet products, and the AUCARI open-shelf delivery robot. Established in 2012 and headquartered in Shenzhen, China, the company was formerly known as Shenzhen UBTECH Technology Co., Ltd. before officially changing its name to Ubtech Robotics Corp Ltd in March 2019.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
CN
CEO
Jian Zhou
Listed since
Dec 29, 2023
Employees
2,550

Market position

Day range

Current HK$79.50

52-week range

Current HK$79.50

Open
HK$85.00
Previous close
HK$83.90
Volume
3.11M
0.38× average
Average volume
8.2M
Average daily volume
Market cap
34.4B HKD
Beta
3.23
Market reference 1
50-day average
HK$90.933
-12.57% below average
200-day average
HK$110.42
-28.00% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
47.86B CNY
EV / EBITDA
-70.98×
Earnings yield
-1.36%
Free cash flow yield
-2.23%

Profitability & efficiency

Return on equity
-9.74%
Return on assets
-6.86%
Return on invested capital
-9.09%

Financial health

Current ratio
3.04×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends55%-7%-70%-133%Gross margin, FY2021: 27.96%Gross margin, FY2022: 39.39%Gross margin, FY2023: 31.53%Gross margin, FY2024: 28.65%Gross margin, FY2025: 36.31%Operating margin, FY2021: -107.99%Operating margin, FY2022: -96.04%Operating margin, FY2023: -116.29%Operating margin, FY2024: -87.57%Operating margin, FY2025: -38.94%Net margin, FY2021: -112.60%Net margin, FY2022: -96.68%Net margin, FY2023: -116.89%Net margin, FY2024: -86.08%Net margin, FY2025: -35.14%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.96%. Gross margin FY2022 39.39%. Gross margin FY2023 31.53%. Gross margin FY2024 28.65%. Gross margin FY2025 36.31%. Operating margin FY2021 -107.99%. Operating margin FY2022 -96.04%. Operating margin FY2023 -116.29%. Operating margin FY2024 -87.57%. Operating margin FY2025 -38.94%. Net margin FY2021 -112.60%. Net margin FY2022 -96.68%. Net margin FY2023 -116.89%. Net margin FY2024 -86.08%. Net margin FY2025 -35.14%.

Income trends

Revenue

2B CNY+53.29%

Operating income

−779.21M CNY+31.83%

Net income

−703.19M CNY+37.42%
Income trends across reported periods2.32B CNY1.03B CNY−263.53M CNY−1.56B CNYRevenue, FY2021: 817.23M CNYRevenue, FY2022: 1.01B CNYRevenue, FY2023: 1.06B CNYRevenue, FY2024: 1.31B CNYRevenue, FY2025: 2B CNYOperating income, FY2021: −882.53M CNYOperating income, FY2022: −968.39M CNYOperating income, FY2023: −1.23B CNYOperating income, FY2024: −1.14B CNYOperating income, FY2025: −779.21M CNYNet income, FY2021: −920.18M CNYNet income, FY2022: −974.81M CNYNet income, FY2023: −1.23B CNYNet income, FY2024: −1.12B CNYNet income, FY2025: −703.19M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 817.23M CNY. Revenue FY2022 1.01B CNY. Revenue FY2023 1.06B CNY. Revenue FY2024 1.31B CNY. Revenue FY2025 2B CNY. Operating income FY2021 −882.53M CNY. Operating income FY2022 −968.39M CNY. Operating income FY2023 −1.23B CNY. Operating income FY2024 −1.14B CNY. Operating income FY2025 −779.21M CNY. Net income FY2021 −920.18M CNY. Net income FY2022 −974.81M CNY. Net income FY2023 −1.23B CNY. Net income FY2024 −1.12B CNY. Net income FY2025 −703.19M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue2B CNY1.31B CNY1.06B CNY1.01B CNY817.23M CNY
Cost of goods sold1.27B CNY931.35M CNY722.88M CNY611.1M CNY762.51M CNY
Gross profit726.59M CNY374.01M CNY332.82M CNY397.17M CNY228.46M CNY
Research and development507.48M CNY478.11M CNY490.5M CNY428.28M CNY517.07M CNY
Selling, general, and administrative306.29M CNY318.29M CNY287.25M CNY151.24M CNY183.11M CNY
Operating expenses1.51B CNY1.52B CNY1.56B CNY1.37B CNY1.14B CNY
Interest income54.6M CNY19.12M CNY5.24M CNY3.63M CNY12.7M CNY
Interest expense7.07M CNY34.92M CNY14.95M CNY24.44M CNY32.22M CNY
Depreciation and amortization47.85M CNY37.84M CNY69.88M CNY80.68M CNY54.9M CNY
Operating income−779.21M CNY−1.14B CNY−1.23B CNY−968.39M CNY−882.53M CNY
Net income−703.19M CNY−1.12B CNY−1.23B CNY−974.81M CNY−920.18M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
1 beat, 0 misses, 1 met estimate
Average EPS surprise
+16.44%
2 comparable reports
Latest EPS result
-0.68
Estimate -1.01 · Beat by 32.89%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.58-1.06-1.53-2.01Q2 '22No estimateQ4 '22No estimateQ2 '23No estimateQ4 '23No estimateQ2 '24No estimateQ4 '24No estimateQ3 '25MetQ1 '26Beat
Q2 2022, reported Jun 30, 2022: actual -1.55, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 31, 2022: actual -1.45, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual -1.43, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 31, 2023: actual -1.91, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 30, 2024: actual -1.33, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual -1.52, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 29, 2025: actual -1.02, estimate -1.02, surprise 0.00%, Met estimate. Q1 2026, reported Mar 31, 2026: actual -0.679, estimate -1.01, surprise +32.89%, Beat.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.91B1.35B796.78M240.04MQ2 '23No estimateQ4 '23No estimateQ2 '24No estimateQ4 '24No estimateQ1 '25EstimateQ3 '25BeatQ1 '26BeatQ3 '26Estimate
Q2 2023, reported Jun 30, 2023: actual 282.4M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 31, 2023: actual 879.42M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 30, 2024: actual 523.24M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 870.33M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 30, 2025: actual —, estimate 518.34M HKD, surprise —, Comparison unavailable. Q3 2025, reported Aug 29, 2025: actual 679.94M HKD, estimate 676.06M HKD, surprise +0.57%, Beat. Q1 2026, reported Mar 31, 2026: actual 1.54B HKD, estimate 1.52B HKD, surprise +1.02%, Beat. Q3 2026, reported Aug 28, 2026: actual —, estimate 1.79B HKD, surprise —, Comparison unavailable.

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