Constituents  ›  Ecovacs

Ecovacs科沃斯

603486.SH Service robots
Index weight
2.91%
Rank #11 of 41
Market cap
$4.6B
USD, live
PAI exposure
90%
Revenue from Physical AI
HQ
Suzhou
Founded 1998
Valuation
$4.6B · market cap
via Yahoo Finance · 2026-08-28

About

Leading home robot manufacturer. Expanding into commercial and humanoid-adjacent service robots.

Suzhou, Jiangsu · Founded 1998 · Company website

Why in the Index

Consumer service robotics pure-play — vacuum, mop, and lawn care. Embodied AI applied to home and yard tasks.

PAI exposure of 90% reflects the share of trailing-twelve-month revenue attributed to Physical AI activities. See methodology §4 for inclusion criteria and §6 for how PAI exposure scales the weight.

Recent activity

Aug 21, 2026
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Ecovacs H1 2026 Net Profit Attributable to Parent 1.248 Billion RMB, Up 27.4% YoY

Ecovacs reported H1 2026 revenue of 10.34 billion RMB and net profit of 1.25 billion RMB, both up year-over-year.

IT Zhijia (IT之家) + 1 more
Jul 7, 2026
P

Ecovacs launches first open-source robot 'Bajie', priced at 49,990 yuan

Ecovacs launched its first open-source robot 'Bajie' at 49,990 yuan, featuring a robotic arm and six-degrees-of-freedom.

IT Zhijia (IT之家)

Disclaimer

This profile is part of the China Physical AI Index — a public information product published by Tech Buzz China for informational and educational purposes only. It is not investment advice and is not a recommendation regarding Ecovacs or any other security. Company data is based on public filings and TBC research; revenue-exposure estimates are point-in-time and subject to update. See the full methodology §11 and disclaimer page.