Largest Automation & Robotics Public Companies in China

Benchmark revenue and EBITDA valuation multiples for public comps like Hikvision, Unitree Robotics, NARI Technology, Inovance and RoboTechnik.

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China
Hangzhou Hikvision Digital Technology is the world’s largest manufacturer of video surveillance equipment. Since then, the company has been growing its software and analytics offerings, as customers are increasingly seeking customized total solutions. Hikvision is also developing its Innovative businesses, which accounted for 21% of overall 2023 revenue. The smart-home business is powered by the EZVIZ consumer brand. Innovative business includes the development of industrial robotics, automotive electronics, X-ray sensors, infrared sensors, memory products and medical systems. Hikvision employs more than 58,000 people.
$5
+18%
$48B
$44B
3.2x
15.9x
China
Yushu Technology Co Ltd is engaged in the research, development, production and sales of high-performance general-purpose humanoid robots, quadruped robots, robot components and embodied intelligent models.
$82
--
$33B
$33B
130.0x
600.3x
China
NARI Technology Co Ltd is engaged in providing power & automation technologies in China. It operates in areas of power system automation, smart grid, renewable energy, railway automation, industrial control, & energy conservation & environment protection.
$3
+4%
$27B
$25B
2.5x
15.5x
China
Inovance is a leading Chinese industrial automation and new energy parts supplier. It offers a wide array of industry automation products such as variable frequency drives, servo systems, program logic controllers, and industrial robots. It also supplies electric drive and power supply systems for new energy vehicles. Inovance generates more than 90% of its revenue from China.
$9
-24%
$24B
$24B
3.5x
24.8x
China
RoboTechnik Intelligent Technology Co Ltd is a provider of smart manufactory solutions. Its focus is on developing, designing and manufacturing high-speed automated solutions to meet customer's specific requirements. The company offers smart manufactory solutions for Clean Energy, Electronics and Semi-Conductor, Automotive, as well as Food and Pharmaceutical industry segments, including intelligent production equipments, intelligent Storage System, and intelligent Material Transferring System.
$87
+136%
$15B
$15B
104.2x
7302.6x
China
SUPCON Technology Co Ltd provides technologies and products with automation control systems as the core, covering industrial software, automation instruments and operation and maintenance services.
$13
+72%
$11B
$10B
8.3x
121.6x
China
Horizon Robotics is a provider of driver assistance systems (ADAS) and autonomous driving (AD) solutions for passenger vehicles, empowered by software and hardware technologies. Its solutions combine algorithms, purpose-built software, and processing hardware, providing the core technologies for assisted and autonomous driving that enhance the safety and experience of drivers and passengers. The company has two reportable segments: Automotive solutions and Non-Automotive solutions. A majority of its revenue is generated from the Automotive solutions segment. Geographically, the company derives a majority of its revenue from Mainland China.
$1
-55%
$8.1B
$6.1B
10.9x
(3.9x)
China
Beijing Roborock Technology Co Ltd is engaged in design, research and development, production (through commissioned processing), and sales of intelligent hardware such as intelligent cleaning robots. The company’s key products include Xiaomi’s customized Mi Home intelligent cleaning robots and handheld wireless vacuum cleaners, along with its own Roborock and Xiaowa-branded intelligent cleaning robots.
$20
-33%
$5.1B
$4B
1.4x
17.0x
China
Ubtech Robotics Corp Ltd is engaged in design, production, commercialization, sales and marketing and research and development (R&D) of smart service robotic products and services. It offers consumer-level robots and appliances, enterprise-level smart service robotic products and services tailored for education, logistics and other sectors, are equipped to different extent with smart features that sense, interact, analyze and process human instructions and external environment such as mapping, temperature measurement and facial recognition.
$10
-49%
$5.1B
$4.9B
16.6x
(45.7x)
China
GRG Banking Equipment Co Ltd is engaged in the development and manufacturing of automated teller machines. Its business covers many more areas, such as smart transportation solutions, public security with AI technologies like biometric identification, image, and video analysis, and big data. Its products and services consist of financial self-service solutions, including retail solutions, branch automation, cash sorting machines, OEM modules, and terminal equipment.
$1
-26%
$3.6B
$2.7B
1.5x
12.3x
China
Siasun Robot & Automation Co Ltd operates as a robotics company in China. It offers industrial, mobile, and service robots; electronics assembly systems; intelligent logistic, chassis assembly and marriage AGV, and spot welding systems; AS/RS systems; automated charging and swapping systems; and automated vertical warehouse systems.
$2
-22%
$3.3B
$3.5B
5.7x
(133.1x)
China
China Leadshine Technology Co Ltd is engaged in production, sales, research and development of motion control core components controllers, drivers, motors, and research and development of application systems in related industries. The company's product portfolio includes Bus driver, Digital stepper motor and driver, Closed-Loop Stepper Motors and Drivers, Hybrid servo system, Low voltage servo system, High-voltage AC servo system, Integrated motor, Accessories, and Motion Control Products.
$8
+24%
$2.6B
$2.5B
9.0x
56.3x
China
Beijing Geekplus Technology Co Ltd offers a series of AMR solutions to empower warehouse fulfillment and industrial material transport, enhancing supply chain efficiency while reducing reliance on manual labor. Its solutions include; Geek+ Shelf-to-Person Picking Solution, Geek+ Tote-to-Person Picking Solution, Geek+ Pallet-to-Person Picking Solution, Smart Sorting Solution, Smart Moving Solution, and others.
$1
-70%
$2.5B
$2.1B
4.4x
(2253.1x)
China
Beijing Dahao Technology Corp Ltd is a China-based company engages in the research, production, and sale of various computerized control systems for sewing and knitting machines. Its products are mainly used in embroidery machines, sewing machine control systems, and flat-knitting machine control systems. The company mainly operates its business in East China, South China, Central China and North China.
$2
-15%
$2.2B
$2.2B
4.9x
16.0x
China
Harbin Boshi Automation Co Ltd is engaged in manufacturing robots and automated equipment and system solutions in China. The company's main products and services include industrial robots, automated equipment, and system solutions, and provides related value-added services. The products are mainly used in the post-processing of solid materials in petrochemical, coal chemical, salt chemical, fine chemical, fertilizer, metallurgy, logistics, food, feed, and other industries.
$2
-25%
$1.9B
$1.6B
3.9x
15.3x
China
Rokae (Shandong) Robotics Group Inc is principally in the design, development, manufacturing, and sale of robotic products and related robotic solutions in the Chinese Mainland and international markets. Its product portfolio includes industrial robots, collaborative robots, embodied intelligent robots, and related robotic solutions. The majority of the company's revenue is derived from the sales of robotic products and the provision of robotic solutions in the Chinese Mainland.
$7
--
$1.8B
$1.8B
China
Googol Technology Co Ltd a high-tech enterprise engaged in the research and development of manufacturing core technologies, is one of the comprehensive solution providers for fully interconnected intelligent manufacturing at home and abroad. Googol Technology focuses on the core technology research in the five directions of motion control, servo drive, multi-dimensional perception, industrial field network and industrial software. The operation and control technology and products of Googol Technology are widely used in industrial control fields such as microelectronics, robots, CNC machine tools, electronic processing, testing, printing, packaging and production automation.
$4
-16%
$1.7B
$1.6B
China
Shanghai Seer Intelligent Technology Co Ltd is an intelligent robotics company. It provides robotics solutions through their platform by integrating robotic controllers, robot integrating their proprietary robotic controllers and software. The company's offerings include controllers, software, robots and accessories. It serves various industries, including automotive, 3C electronics, new energy, semiconductors, engineering machinery, and pharmaceuticals. The company mainly generates revenue from sales of robots and robotic controllers, along with fees charged for proprietary software. Geographically, the maximum revenue is derived from the Chinese Mainland.
$9
--
$1B
$880M
China
Mesnac Co Ltd is a Chinese company mainly engaged in the development of industrial intelligence and provides integrated informationalized software and equipment for rubber companies. It also operates in the field of automation logistics, Internet of Things, chemical industrial equipment, and new rubber material. The company's product portfolio consists of mixing systems, curing and molding systems, PCR molds, TBR molds, OTR molds, tire building products, material conveying and dosing systems, and others. The company offers its products internationally.
$1
-30%
$898M
$538M
China
SGSG Science & Technology Co Ltd Zhuhai is specializing in the research, development and sales of IoT security electronic information technology products. It provides professional solutions and services for operations management, risk control, network transformation and channel construction of financial industry customers, government departments, enterprises and institutions. The company's main products and solutions consist of financial AI solution, financial mobile industry solutions, smart bank (Dot) solution, bank vault and seal management solution, self-service equipment plus banknote management solution, and real logistics management solutions.
$2
+11%
$790M
$785M
China
Guangdong Huayan Robotics Co Ltd is a collaborative robotics company engaged in the development, manufacturing and sale of cobots (collaborative robots) and core motion components for industrial automation applications. Along with its integrated hardware-software product design, the company has also facilitated product integration with AI technologies. Its offerings address diverse industrial automation needs across sectors such as 3C electronics, automotive, semiconductors, healthcare, metal processing, and logistics, and the demand for precision motion components in humanoid robotics.
$1
--
$585M
$562M
China
Nanjing Bestway Intelligent Control Technology Co Ltd is engaged in the development, production and sales of intelligent mine-related information systems.
$4
-21%
$513M
$377M
China
Anhui Wantong Technology Co Ltd is a high-tech enterprise specializing in system integration, application software development, operation and maintenance services in the field of traffic information construction. It offers system integration solution that combines professionalism and applicability and applies it to highways, port terminals, urban intelligent transportation, trunk roads, logistics tracking, and judicial, tax, education, and others.
$1
-7%
$453M
$415M
China
Hefei Jingsong Intelligent Technology Co Ltd is engaged in research and development, manufacturing of intelligent warehousing and logistics equipment and intelligent warehousing and logistics software.
$3
-34%
$304M
$269M
China
Hunan Copote Science & Technology Co Ltd is engaged in development, production, and sale of computer software, hardware, and post and telecommunication high-tech electronic products. It also designs, installs, and maintains computer network engineering, wireless communication engineering, electronic information system integration, and security technology protection systems.
$2
-37%
$246M
$283M
China
Honghua Group Ltd is engaged in manufacturing drilling rigs, oil and gas exploitation equipment, providing drilling services and fracturing. It manufactures conventional land drilling rigs, digital drilling rigs, accessories for drilling rigs, as well as the parts and components for the drilling rigs or the maintenance of the drilling rigs in operation. Its segments include Land drilling rigs; Parts and components and others; Drilling engineering services; offshore engineering; and Fracturing. It derives a majority of revenue from Parts and components and others segment. Geographically it operates in the PRC, Americas, Middle East, Europe and Central Asia, South Asia and South East and Africa, of which prime revenue is derived from the PRC.
$0
-50%
$121M
$760M
Median$3-23%$2.4B$2.1B4.7x13.7x

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