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Chinese maker of LiDAR sensors used for navigation in robot vacuums, service robots and autonomous machines.
Chinese maker of LiDAR sensors used for navigation in robot vacuums, service robots and autonomous machines.
Sells its sensors by volume to makers of robot vacuums and other service robots, so orders from a few large vacuum brands can matter a great deal, and the price per sensor falls as scale grows. Home-robot LiDAR is a low-cost, high-volume segment, unlike expensive car LiDAR.
In one line: A LiDAR component supplier, like a lower-cost Velodyne/Hesai for robotics.
Moat: narrow (process know-how, cost advantage). Cost-competitive LiDAR manufacturing scale for the fast-growing robot-vacuum sensor market.
Headquarters: Shenzhen, China · Employees: 778
Size Shenzhen LDRobot (1236.HK) is a Hong Kong Industrials company (Industrial Machinery) with a market value of $876M, the 623rd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$20.60 on 6 Nov 2026.
Growth Revenue grew 60.0% over the last twelve months (peer median +7.6%); the operating margin is -10.7% (peer median 6.0%).
Valuation It trades at 7.5× enterprise value to sales against a peer median of 2.4× (7th most expensive of 21).
Capital Return on invested capital runs 23.5 points below its cost of capital (6.7% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | HK$811M | HK$507M | HK$306M | HK$272M |
| Revenue growth | — | +60% | +66% | +12% | — |
| Gross profit | n/a | HK$203M | HK$94.5M | HK$74.4M | HK$70.1M |
| EBITDA | n/a | -HK$68.2M | -HK$63.2M | -HK$84.0M | -HK$96.2M |
| Net income | n/a | -HK$67.8M | -HK$61.2M | -HK$75.7M | -HK$85.0M |
| Free cash flow | n/a | -HK$63.5M | -HK$13.7M | -HK$54.9M | -HK$65.8M |
| Capital expenditure | n/a | HK$11.3M | HK$12.1M | HK$6.64M | HK$19.5M |
| Total debt | n/a | HK$14.1M | HK$85.0M | HK$14.7M | HK$20.4M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Shenzhen LDRobot 1236.HK | $876M | n/a | +60% | -11% | 7.5× | n/a |
| Hesai HSAI | $2.06B | -34% | +38% | 1% | 2.5× | n/a |
| RoboSense Technology Company 2498.HK | $914M | -55% | +32% | -22% | 2.0× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 1236.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -22.0% | -6.1% | 3rd lowest of 21 |
| Distance from 52-week high | -68.8% | -42.1% | lowest of 21 |
| Revenue growth (TTM) | +60.0% | +7.6% | highest of 21 |
| Operating margin | -10.7% | 6.0% | 4th lowest of 21 |
| EV / Sales | 7.5× | 2.4× | 7th most expensive of 21 |
| ROIC minus cost of capital | -23.5 pp | -3.2 pp | 3rd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shenzhen LDRobot 1236.HK | Hong Kong | $876M | n/a | +60% | -11% | 7.5× | n/a | n/a |
| Suzhou Hailu Heavy Industry 002255.SZ | China | $875M | -38% | -19% | 16% | 1.7× | -0.5% | +2.8% |
| Shanghai Top Numerical Control Technology 7688.HK | Hong Kong | $873M | n/a | +9% | -53% | 15.7× | n/a | n/a |
| Shanghai Huitong Energy 600605.SS | China | $878M | -10% | +13% | 14% | 41.4× | 41.3% | +2.9% |
| Kale Environment Technology (Shanghai) 301070.SZ | China | $872M | -29% | -9% | 0% | 21.3× | n/a | n/a |
| Suzhou Chunqiu Electronic Technology 603890.SS | China | $880M | -38% | +7% | 6% | 1.4× | 5.2% | +4.2% |
| Manitou BF MTU.PA | France | $882M | -6% | +8% | 6% | 0.4× | -3.6% | +10.1% |
| Jin Tong Ling Technology 300091.SZ | China | $882M | -36% | -40% | -72% | 7.5× | n/a | n/a |
| KraussMaffei 600579.SS | China | $888M | -15% | -22% | 0% | 2.2× | n/a | n/a |
| Zhejiang Headman Machinery 688577.SS | China | $864M | -31% | +35% | 6% | 5.3× | n/a | n/a |
| Hangzhou Youngsun Intelligent Equipment 603901.SS | China | $858M | -17% | +11% | 6% | 1.5× | 11.9% | +14.7% |
| Trican Well Service TCW.TO | Canada | $899M | -10% | +15% | 14% | 1.1× | -11.5% | +22.5% |
| KEDE Numerical Control 688305.SS | China | $853M | -29% | -31% | 11% | 12.4× | n/a | n/a |
| Tianjin Benefo Tejing Electric 600468.SS | China | $852M | -28% | +16% | 0% | 2.4× | 38.3% | +0.2% |
| Towa 6315.T | Japan | $851M | -39% | +29% | 16% | 2.0× | 18.8% | +12.8% |
| SUFA Technology Industry Co., Ltd., CNNC 000777.SZ | China | $850M | -25% | -25% | 2% | 4.4× | n/a | n/a |
| Sinoseal 300470.SZ | China | $903M | -18% | +1% | 20% | 3.1× | -0.7% | +13.9% |
| Guangdong Vanward New Electric 002543.SZ | China | $849M | -17% | -12% | -3% | 0.8× | n/a | n/a |
| HMT HMT.NS | India | $849M | -15% | +9% | -82% | 54.5× | 61.3% | -6.9% |
| Guangdong LingXiao Pump Industry 002884.SZ | China | $848M | -16% | +8% | 25% | 2.4× | -5.6% | +3.7% |
| Banco Products (India) BANCOINDIA.NS | India | $905M | -7% | +22% | 14% | 2.1× | 24.8% | +20.6% |