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Maker of autonomous mobile robots (AMRs) and warehouse automation systems for e-commerce and logistics fulfillment.
Maker of autonomous mobile robots (AMRs) and warehouse automation systems for e-commerce and logistics fulfillment.
Sells robot fleets and the software that directs them as project orders from warehouse operators, either bought outright or rented as a service, so revenue is lumpy and follows customers' build-out of fulfilment centres. Listed in Hong Kong in 2025.
In one line: A Chinese Locus Robotics-style warehouse-robotics maker.
Moat: narrow (installed base, switching costs, process know-how). Deployed robotic fleets and integrated warehouse software create high switching costs.
Headquarters: Beijing, China · Founded: 2015 · Employees: 1,054
Size Beijing Geekplus Technology (2590.HK) is a Hong Kong Industrials company (Wholesale Distributors) with a market value of $1.05B, the 586th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$6.40 on 6 Nov 2026.
Performance Over six months the shares fell 67.3%, against -21.9% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 33.1% over the last twelve months (peer median +10.7%); the operating margin is -0.4% (peer median 7.8%).
Valuation It trades at 478.1× forward earnings against a peer median of 19.2× (most expensive of 13).
Capital Return on invested capital runs 15.3 points below its cost of capital (14.3% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$3.81B | HK$3.44B | HK$2.61B | HK$2.37B | HK$1.69B |
| Revenue growth | — | +32% | +10% | +40% | — |
| Gross profit | HK$1.36B | HK$1.22B | HK$841M | HK$728M | HK$298M |
| EBITDA | HK$39.4M | -HK$15.4M | -HK$68.8M | -HK$459M | -HK$864M |
| Net income | -HK$160M | -HK$11.3M | -HK$902M | -HK$1.24B | -HK$1.82B |
| Free cash flow | -HK$214M | -HK$53.5M | -HK$206M | -HK$582M | -HK$724M |
| Capital expenditure | HK$95.4M | HK$141M | HK$111M | HK$53.1M | HK$41.9M |
| Total debt | n/a | HK$448M | HK$7.98B | HK$7.52B | HK$6.72B |
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 | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Beijing Geekplus Technology 2590.HK | $1.05B | -67% | +33% | 0% | 478.1× | n/a |
| Amazon AMZN | $2.80T | -5% | +15% | 13% | 26.3× | 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 | 2590.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.6% | -4.7% | 6th lowest of 21 |
| 6-month return | -67.3% | -21.9% | lowest of 21 |
| Distance from 52-week high | -80.9% | -36.3% | lowest of 21 |
| Revenue growth (TTM) | +33.1% | +10.7% | 4th highest of 20 |
| Operating margin | -0.4% | 7.8% | 2nd lowest of 20 |
| Forward P/E | 478.1× | 19.2× | most expensive of 13 |
| ROIC minus cost of capital | -15.3 pp | +0.4 pp | lowest of 20 |
| Net debt / EBITDA | -65.2× | 0.6× | least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing Geekplus Technology 2590.HK | Hong Kong | $1.05B | -67% | +33% | 0% | 478.1× | n/a | n/a |
| China Agricultural Development Seed 600313.SS | China | $1.04B | -16% | +35% | 1% | n/a | 21.8% | +12.7% |
| Zhejiang Songyuan Automotive Safety Systems 300893.SZ | China | $1.06B | -34% | +27% | 12% | 20.1× | n/a | n/a |
| Supply Network SNL.AX | Australia | $1.06B | +12% | +16% | 17% | 26.9× | 11.7% | +19.9% |
| BayWa BYW.DE | Germany | $1.07B | -58% | n/a | n/a | n/a | n/a | n/a |
| Dongguan Aohai Technology 002993.SZ | China | $1.10B | -44% | +122% | 1% | 19.6× | n/a | n/a |
| Totech 9960.T | Japan | $1.00B | 0% | +6% | 10% | 10.7× | 5.4% | +9.2% |
| Deep Source 0990.HK | Hong Kong | $1.00B | -31% | +7% | 2% | n/a | -13.6% | +6.1% |
| Brighton-Best International (Taiwan) 8415.TWO | Taiwan | $1.11B | +5% | +11% | 20% | 7.8× | -8.8% | +8.8% |
| Innovation Medical Management 002173.SZ | China | $1.12B | -29% | -13% | -18% | n/a | n/a | n/a |
| Yamazen 8051.T | Japan | $978M | +13% | +7% | 2% | n/a | -6.3% | +4.5% |
| Daiichikosho 7458.T | Japan | $1.13B | +6% | +4% | 11% | 13.0× | -6.0% | +11.8% |
| Trusco Nakayama 9830.T | Japan | $958M | +6% | +10% | 7% | 9.4× | n/a | n/a |
| Hangzhou Cogeneration 605011.SS | China | $956M | -23% | -1% | 5% | n/a | n/a | n/a |
| Imdex IMD.AX | Australia | $1.15B | -21% | +21% | 16% | 24.5× | 20.1% | +14.5% |
| Techstorm Advanced Material 601026.SS | China | $1.16B | -33% | +8% | 6% | n/a | n/a | n/a |
| State Power Rixin Technology 301162.SZ | China | $944M | -25% | +12% | 17% | 36.8× | 22.6% | +23.8% |
| Chengdu Haoneng Technology 603809.SS | China | $1.16B | -23% | +18% | 10% | 20.5× | n/a | n/a |
| Dlg Exhibitions & Events 600826.SS | China | $944M | -9% | +2% | 15% | 18.7× | 6.9% | -11.5% |
| Huludao Zinc Industry 000751.SZ | China | $943M | -36% | +17% | 1% | n/a | n/a | n/a |
| Auto Partner APR.WA | Poland | $928M | +26% | +67% | 8% | 12.2× | -5.0% | +21.5% |