603486 Ecovacs Robotics
- 49.55
- +3.87+8.47%
Ecovacs Robotics News
Sweeping robot “Shuang Xiong” financial report perspective: Whose inflection point? Who's growing?
① Whether it's a sweeper robot or a floor washer, increasing penetration rate is a core logic that has been mentioned over and over again by all parties. Essentially, the focus of clean appliance investors is still on growth; ② The biggest difference between Covos and Stone Technology's annual financial reports is growth; ③ The reporter also learned from a leading clean appliance manufacturer that they are actively planning to go overseas, and the number of employees in relevant departments has increased dramatically in recent years.
Covos (603486): Climbing the Hills and Going Overseas to Help Profit Grow Again
Incident: Covos released the 2023 Annual Report and 2024 Quarterly Report, with 2023 revenue of 15.502 billion yuan (+1.16% YoY) and net profit of 612 million yuan (-63.96% YoY);
Express News | Tohoku Securities gave Covos RoboBuy an initial rating.
Earnings Miss: Ecovacs Robotics Co., Ltd. Missed EPS By 13% And Analysts Are Revising Their Forecasts
It's been a pretty great week for Ecovacs Robotics Co., Ltd. (SHSE:603486) shareholders, with its shares surging 18% to CN¥49.55 in the week since its latest quarterly results. It was not a grea
Covos (603486): Performance exceeded expectations and management improved significantly
Guide to this report: The company's export sales drive overall growth, Q1 performance improved, profit margin recovery was remarkable, and operational improvements can be expected throughout the year. Increase your holdings. Key investment points: Since the company reduced costs and increased efficiency faster than expected, we raised the investment proposal 2024-2
Covos (603486.SH): The controlling shareholder led the investment to increase its cumulative shareholding by 0.42% and the implementation of the plan to increase its holdings was completed
Gelonghui, April 30丨Covos (603486.SH) announced that from November 4, 2023 to April 30, 2024, the controlling shareholder of the company increased its holdings of 2,417,400 shares through centralized bidding through the Shanghai Stock Exchange stock trading system, accounting for 0.42% of the company's current total share capital and an increase of 100.155 million yuan; after the completion of this increase, Chuangling Investment held 241,615,609 shares of the company's current total share capital, accounting for 41.91% of the company's total share capital. The amount of increase in holdings has exceeded this increase
The National Brand Index closed down 0.36%, Covos rose 8.47%
On April 30, the China Securities Xinhua News Agency National Brand Project Index closed at 1595.48 points, down 0.36%. Of the 100 constituent stocks, 41 rose, 1 flat, and 58 fell. Among them, Covos rose 8.47%, Qiaqia Foods rose 5.78%, and Hisense Home Appliances rose 5.60%.
The home appliance sector bucked the trend and strengthened. Covos surged 6%, with a cumulative increase of 50% over the past 10 days; Changhong Meiling and Haier Smart Home increased by more than 5%, and Hisense home appliances rose more than 3%.
The home appliance sector bucked the trend and strengthened. Covos surged 6%, with a cumulative increase of 50% over the past 10 days; Changhong Meiling and Haier Smart Home increased by more than 5%, and Hisense home appliances rose more than 3%.
Covos (603486): Domestic sales have recovered, and export sales are growing rapidly
Incident: The company achieved operating income of 15.502 billion yuan for the full year of 2023, +1.16% year-on-year, and net profit to mother of 612 million yuan, -63.96% year-on-year; of these, 2023Q4 achieved revenue of 49.7 billion yuan
Covos (603486): The “Qing” boat has passed Wanjongshan
Incident: Covos revealed its 2023 annual report and 2024 quarterly report: The company achieved revenue of 15.50 billion yuan in 23 years, +1.2% year over year, performance of 61 million yuan, -64.0% year over year, deducting non-performance of 480 million yuan.
Covos (603486): 24Q1 profit saw an inflection point, improved throughout the year, and there is strong certainty
Event Overview The company released its 2023 annual report and its quarterly report for the year 24:23: total operating income of 15.502 billion yuan (YOY +1.16%), net profit to mother of 612 million yuan (YOY -63.96%)
Covos (603486): Profitability rebounded month-on-month, awaiting a clear inflection point in performance
The 2023 results are in line with market expectations, and the 1Q24 results exceeded our expectations. The company announced the 2023 and 1Q24 results: 2023 revenue of 15.502 billion yuan, +1.16% YoY; net profit to mother6
Core assets continued to be active. The Wind Mao Index rose more than 1%, Covos closed strongly, Weir Shares and Stone Technology rose more than 4%, and the Ningde Era rose nearly 2%.
Core assets continued to be active. The Wind Mao Index rose more than 1%, Covos closed strongly, Weir Shares and Stone Technology rose more than 4%, and the Ningde Era rose nearly 2%.
Covos (603486): After deducting the growth rate of non-net profit in Q1, the inflection point of operation is beginning to appear
Incident: In '23, the company achieved operating income of 15.502 billion yuan, achieved net profit of 612 million yuan, or -63.96% year-on-year, and achieved net profit of 484 million yuan after deduction, year-on-year-
Covos (603486) Company Information Update Report: The rapid growth of export sales in 2023 is optimistic that Chinese brands will benefit from going overseas
Export sales grew rapidly in 2023. We are optimistic that Chinese brands will benefit from going overseas. Maintaining the buying rating 2023Q4, the company achieved revenue of 4.97 billion yuan (-4.4%, same below), and net profit of 0.1 billion yuan (-98.
Covos (603486): 2024Q1 performance decline narrows, reaching an inflection point, and the new X5 PRO is rich in mid-range and high-end product layout
Event: On April 26, 2024, Covos released its 2023 Annual Report and 2024 Quarterly Report. In 2023, the company achieved total revenue of 15.502 billion yuan (+1.16% year over year) and net profit of 6 billion yuan to mother
Covos (603486): Q1 profit improved month-on-month, looking forward to continued recovery
The company discloses its 2023 annual report. In 2023, it achieved revenue of 15.50 billion yuan (YoY +1.2%), net profit to mother of 650 million yuan (YoY -64.0%), and gross profit margin of 47.5% (YoY-4.
Covos (603486): Industry sentiment recovers, company decline narrows
Event: The company released its 2023 annual report and 2024 quarterly report. The company achieved operating income of 15.502 billion yuan in 2023, an increase of 1.16% over the previous year; achieved net profit of 612 million yuan to mother, a year-on-year increase-
Covos (603486): Operational improvements, Q1 profitability increased significantly from month to month
Incident: Covos publishes its 2023 Annual Report and 2024 Quarterly Report. The company's 2023Q4 revenue for the single quarter was 4.97 billion yuan, YoY -4.4%; realized net profit to mother of 0.1 billion yuan, YoY -98.5%
Covos (603486) 23rd Annual Report and '24 Quarterly Review: The inflection point has shown that there is plenty of room for improvement
The company released its 2023 annual report and 2024 quarterly report: 23 Full year: revenue of 15.5 billion yuan (+1%), net of 650 million yuan (-64%), deducted non-480 million (-70%) 23Q4: revenue of 5 billion yuan (
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