Estun’s first-quarter revenue slipped 2% year on year, but adjusted operating profit surged 85%, with margin widening by 2.5 percentage points to 5.3%. Together with a sizable one-off fair value ...
Initiating Estun With No Moat but Positive Moat Trend Rating; Shares Expensive vs. Our CNY 15.70 FVE
As of end-June 2022, Estun Automation is the largest and only domestic industrial robot manufacturer in the top five in China, a market that is dominated by foreign companies. As a late mover, Estun ...
Company Profile & Core Advantages: Founded in 2012 and headquartered in Hangzhou’s Xiaoshan Robot Town, Robotphoenix has evolved into a powerhouse specializing in Delta robots and SCARA robots. The ...
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