Shenzhen Dobot Corp Ltd Class H

Shenzhen Dobot Corp Ltd Class H

HHKEX:2432
17.04
HKD
+1.04
(+6.50%)
16.67BMarket Cap
Mar 29Next Earn
Shenzhen Dobot Corp Ltd Class H
HKEX:2432
(Hong Kong Exchange)

Recent

price

17.04

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
CNY
0.44
0.6
0.72
1.04
1.19
- -
Revenue per Share
-0.1
-0.13
-0.26
-0.26
-0.2
- -
Basic EPS, GAAP
-0.1
-0.35
-0.42
-0.29
-0.14
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
0.79
1.14
0.93
2.42
5.96
5.96
Book Value per Share
0.78
1.13
0.93
2.41
5.89
5.89
Tangible Book Value per Share
400
400
400
361
415
415
Basic Weighted Avg Shares
174
241
287
374
492
- -
Sales/Revenue/Turnover
-21.38
-25.61
-32.51
-24.43
-23.55
- -
Operating Margin (%)
8
23
33
33
34
- -
Depreciation Expense
-42
-52
-103
-95
-84
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-23.84
-21.77
-36.02
-25.52
-16.97
- -
Profit Margin (%)
345
375
341
920
2,537
2,537
Working Capital
5
6
5
20
2
2
LT Debt
316
455
373
967
2,623
2,623
Total Equity
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
-13.62
-24.94
-14.23
-4.65
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
207
97
77
LT Borrowings
16
- -
- -
LT Finance Leases
4
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
400
404
440
Market Capitalization
8,908
21,561
14,975

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,252
1,136
2,848
Cash, Cash Equivalents & STI
979
839
2,486
Accounts Receivable, Net
79
60
112
Inventories
138
167
196
Total Current Liabilities
333
192
310
Payables & Accruals
- -
- -
- -
ST Debt
207
97
77
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
171.13%
Free Cash Flow
- -
- -
-45.6%
Net Income, GAAP
- -
- -
-12.4%
Sales/Revenue/Turnover
- -
- -
31.72%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
287
2024
- -
- -
374
2025
- -
- -
492

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.26
2024
- -
- -
-0.26
2025
- -
- -
-0.2

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
Business
Shenzhen Dobot Corp Ltd (2432.HK) designs, develops, manufactures, commercializes, and sells collaborative robots and related intelligent robotic solutions primarily in Mainland China, Hong Kong, Macau, Taiwan, Europe, the Americas, Asia Pacific, and other international markets. Founded in 2015 and headquartered in Shenzhen, China, the company--formerly known as Shenzhen Yuejiang Technology Co., Ltd.--offers a comprehensive portfolio of core products including six-axis collaborative robots (cobots), four-axis cobots, integrated cobots, and the X-Trainer embodied AI cobot; it also provides vision sensors, force sensors, electric grippers, and other accessories to support applications in manufacturing, retail, healthcare, STEAM education, scientific research, automotive, 3C electronics, new energy, metal processing, food and beverage, agriculture, semiconductors, chemicals, and consumer electronics industries. These solutions emphasize human-machine collaboration, with features such as real-time obstacle avoidance, force sensing, plug-and-play compatibility with PLCs, smart cameras, and third-party grippers, enabling flexible production across diverse sectors. In recent developments, the company listed on the Hong Kong Stock Exchange via a global offering in December 2024, raising approximately HKD 832 million to fund expansion, followed by a July 2025 placing and a November 2025 placing of 16.66 million H shares at HKD 46.80 each, generating net proceeds of HKD 771 million for advancing R&D in collaborative robots, embodied AI, humanoid robots, and multi-legged machines; strengthening sales channels; pursuing investments, acquisitions, and strategic alliances in the robotics value chain; and general working capital. Notably, in November 2025, Dobot signed a strategic partnership with Lens Technology for the procurement of 1,000 embodied intelligent robots by year-end, alongside a October 2025 contract with Ruidefeng Precision Technology worth over RMB 80.5 million for humanoid and collaborative robots, marking significant factory-scale deployments and milestones in industrial intelligent upgrades. The company plans to establish overseas subsidiaries in Thailand, Mexico, and the United Arab Emirates between 2025 and 2029 to broaden its global footprint.