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Chinese maker of 3D machine-vision systems that guide industrial robots for picking, assembly and quality inspection.
Chinese maker of 3D machine-vision systems that guide industrial robots for picking, assembly and quality inspection.
Sells its 3D cameras and software mostly to system integrators who build complete robot workcells for factories and warehouses, rather than building each cell itself, so partner reach drives volume. Revenue mixes camera hardware and software licences.
In one line: China's answer to a 3D vision-guided robotics leader like Cognex.
Moat: narrow (IP / patents, process know-how). Proprietary 3D vision algorithms let robots handle unstructured/random-bin picking tasks, a technically difficult automation problem.
Headquarters: Beijing, China · Founded: 2016 · Employees: 619
Size Mech-Mind Robotics Technologies (9615.HK) is a Hong Kong Information Technology company (Packaged Software) with a market value of $1.34B, the 520th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$83.75 on 6 Nov 2026.
Growth Revenue grew 44.7% over the last twelve months (peer median +8.1%); the operating margin is -41.0% (peer median 2.8%).
Valuation It trades at 32.5× enterprise value to sales against a peer median of 2.7× (most expensive of 21).
Capital Return on invested capital runs 65.0 points below its cost of capital (5.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | n/a | HK$422M | HK$291M | HK$200M |
| Revenue growth | — | +45% | +46% | — |
| Gross profit | n/a | HK$272M | HK$149M | HK$78.1M |
| EBITDA | n/a | -HK$142M | -HK$209M | -HK$339M |
| Net income | n/a | -HK$391M | -HK$307M | -HK$443M |
| Free cash flow | n/a | -HK$125M | -HK$234M | -HK$321M |
| Capital expenditure | n/a | HK$19.7M | HK$9.34M | HK$16.1M |
| Total debt | HK$3.59B | HK$56.5M | HK$130M | HK$113M |
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 |
|---|---|---|---|---|---|---|
| Mech-Mind Robotics Technologies 9615.HK | $1.34B | n/a | +45% | -41% | 32.5× | n/a |
| Cognex CGNX | $8.04B | -27% | +17% | 22% | 6.8× | 25.6% |
| Keyence 6861.T | $107B | -2% | +25% | 54% | 11.3× | 21.1% |
| ABB ABBN.SW | $147B | -17% | +1% | 18% | 4.2× | 4.3% |
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 | 9615.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.1% | -0.4% | 6th highest of 21 |
| Distance from 52-week high | -17.9% | -33.9% | 2nd highest of 21 |
| Revenue growth (TTM) | +44.7% | +8.1% | 3rd highest of 21 |
| Operating margin | -41.0% | 2.8% | 3rd lowest of 21 |
| EV / Sales | 32.5× | 2.7× | most expensive of 21 |
| ROIC minus cost of capital | -65.0 pp | -8.9 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mech-Mind Robotics Technologies 9615.HK | Hong Kong | $1.34B | n/a | +45% | -41% | 32.5× | n/a | n/a |
| WeRide 0800.HK | Hong Kong | $1.33B | -47% | +109% | -221% | 5.3× | n/a | n/a |
| SHIFT UP 462870.KS | South Korea | $1.33B | -4% | -12% | 56% | 5.2× | -12.9% | +59.7% |
| Transwarp Technology (Shanghai) 6727.HK | Hong Kong | $1.33B | n/a | +32% | -50% | 17.3× | n/a | n/a |
| NCR Voyix VYX | United States | $1.35B | +17% | -5% | 7% | 1.0× | n/a | n/a |
| Amagi Media Labs AMAGI.NS | India | $1.32B | +30% | +30% | 3% | 8.3× | n/a | n/a |
| Hangzhou DPTech Technology 300768.SZ | China | $1.35B | -19% | -3% | 5% | 5.2× | 34.9% | +6.5% |
| NSD 9759.T | Japan | $1.32B | +12% | +10% | 16% | 1.5× | -10.9% | +12.2% |
| Opera Limited Sponsored ADR OPRA | United States | $1.31B | -21% | +23% | 16% | 1.7× | 4.5% | +30.1% |
| Bandwidth BAND | United States | $1.31B | -19% | +15% | -1% | 1.9× | 19.3% | +17.0% |
| Ibotta IBTA | United States | $1.37B | +19% | +2% | -3% | 3.5× | -1.1% | +17.6% |
| Zensar Technologies ZENSARTECH.NS | India | $1.37B | +9% | +9% | 14% | 1.7× | 13.4% | +8.5% |
| Richinfo Technology 300634.SZ | China | $1.30B | -15% | -11% | 10% | 4.9× | 20.8% | +19.9% |
| CHAPTERS CHG.DE | Germany | $1.30B | +48% | +63% | -21% | 6.5× | 43.9% | +178.6% |
| Genimous Technology 000676.SZ | China | $1.30B | -7% | +3% | 6% | 1.8× | 14.1% | -17.5% |
| Lightspeed Commerce LSPD.TO | Canada | $1.38B | +9% | +11% | -9% | 0.8× | 13.5% | +42.0% |
| Wondershare Technology 300624.SZ | China | $1.38B | -25% | -8% | -12% | 6.5× | n/a | n/a |
| Playtech PTEC.L | United Kingdom | $1.39B | +7% | -54% | 0% | 1.4× | -6.0% | -7.4% |
| Shenzhen HQVT Technology 1392.HK | Hong Kong | $1.28B | n/a | +28% | 5% | 13.3× | n/a | n/a |
| Longshine Technology 300682.SZ | China | $1.39B | -35% | +7% | -9% | 1.9× | 49.4% | +6.0% |
| Corsair Gaming CRSR | United States | $1.28B | +63% | +3% | 3% | 0.9× | 24.3% | -2.9% |