According to publicly disclosed data from Topband Co., Ltd. (002139), Heertai (002402), Roborock (688169), Ecovacs (603486), XGIMI (688696), and EZVIZ (688475), the following statistics summarize the main product information of these six companies.
Company Overview
Company Introduction
Among them, Topband Co., Ltd. was listed the earliest, over 18 years ago. EZVIZ was listed the latest, less than 3 years ago.
Company Performance in Q1 2025
Compared to Q1 2024, Topband Co., Ltd., Heertai, Roborock, Ecovacs, and EZVIZ saw an increase in total revenue, with Roborock experiencing the fastest growth. In contrast, XGIMI’s total revenue decreased to some extent, with XGIMI showing the most significant decline. Topband Co., Ltd., Heertai, Ecovacs, XGIMI, and EZVIZ saw an increase in net profit excluding non-recurring items, with XGIMI having the fastest growth. However, Roborock’s net profit excluding non-recurring items decreased to some extent, with Roborock showing the most significant decline.
Main Products
Revenue Structure
Topband Co., Ltd. Revenue Situation
In 2024, the company’s main business is in the smart control electronics industry, with major products including tools and home appliances, digital energy, and smart vehicles, where tools and home appliances account for 76.00%, and digital energy and smart vehicles account for 19.54%.
Heertai Revenue Situation
In 2024, the company’s main business is in the smart controller industry, accounting for as much as 97.81%, with major products including smart controllers for home appliances, smart product controllers, and electric tool controllers, where smart controllers for home appliances account for 63.09%, smart product controllers account for 12.63%, and electric tool controllers account for 10.43%.
Roborock Revenue Situation
In 2024, the company’s main business is in smart hardware, with smart vacuum cleaners and accessories being the largest source of revenue, accounting for 90.82%.
Ecovacs Revenue Situation
In 2024, the company’s main business is in the home appliance industry, with major products including smart living appliances and service robots, where smart living appliances account for 50.29%, and service robots account for 48.86%.
XGIMI Revenue Situation
In 2024, the company mainly engages in projection products, accessory products, and internet value-added services, with long-focus projection being the largest source of revenue, accounting for 81.31%.
EZVIZ Revenue Situation
In 2024, the company’s main business is in smart home products, accounting for as much as 79.87%, with major products including smart home cameras, cloud platform services, and smart entry systems, where smart home cameras account for 54.18%, cloud platform services account for 19.33%, and smart entry systems account for 13.74%.
Disclaimer: This information is compiled based on publicly available data for reference only. Biwan strives for accuracy but does not guarantee correctness, nor does it constitute investment advice. Please make prudent decisions.
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