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Ecovacs Robotics Co Ltd (ECOVACS) is a designer, manufacturer and seller of home service robots. The company provides floor-cleaning robot, window-cleaning robot, air-purifier robot, shopping assistance robot and multipurpose robot. Its product portfolio comprises DEEBOT, WINBOT, ATMOBOT, UNIBOT and BENEBOT robot series. ECOVACS also provides accessories including a charging dock, cleaning pads, mopping pads and buddy kits. The company has operations in the UK, Canada, France, Italy, Spain, Switzerland, Poland, Czech Republic, Korea, Singapore, Malaysia, Thailand and the US. ECOVACS is headquartered in Suzhou, Jiangsu, China.
Headquarters
China
Address
No.18 Youxiang Road, Wuzhong District, Suzhou, Jiangsu, 215104
Website
www.ecovacs.cn
Telephone
86 512 65875866
No of Employees
8,899
Industry
Technology and Communications
Ticker Symbol & Exchange
603486 (SHA)
Revenue (2022)
$2.3B
17.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-15.5%
(2022 vs 2021)
Market Cap*
$2.8B
Net Profit Margin (2022)
XYZ
-27.9%
(2022 vs 2021)
* As of and is in US$
Ecovacs Robotics Co Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| DEEBOT OZMO 950 |
| DEEBOT OZMO 920 |
| DEEBOT 711S |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In February, Tineco introduced FLOOR ONE S6 PRO EXTREME. |
| 2023 | New Products/Services | In June, the company announced the launch of a product yet in the US, the DEEBOT T20 OMNI. |
| 2023 | Contracts/Agreements | In May, the company entered into a partnership with WKC Dog Show to jointly creat a better pet environment. |
Competitor Comparison
| Key Parameters | Ecovacs Robotics Co Ltd | iRobot Corp | Beijing Roborock Technology Co Ltd | Guangdong Lyric Robot Automation | BISSELL Homecare, Inc. |
|---|---|---|---|---|---|
| Headquarters | China | United States of America | China | China | United States of America |
| City | Suzhou | Bedford | Beijing | Huizhou | Grand Rapids |
| State/Province | Jiangsu | Massachusetts | Beijing | Guangdong | Michigan |
| No. of Employees | 8,899 | 1,126 | 904 | 10,411 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Qian Dongqi | Chairman | Executive Board | 2016 | 65 |
| David Cheng Qian | Vice Chairman | Executive Board | 2016 | 33 |
| Li Yan | Director; Deputy General Manager; Chief Financial Officer | Executive Board | 2016 | 49 |
| Ma Jianjun | Secretary; Deputy General Manager; Director | Executive Board | 2020 | 46 |
| Zhuang Jianhua | General Manager | Senior Management | 2016 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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