Tech Home Appliances Surging! Latest Updates on [Roborock], [Ninebot], [UGREEN], [Anker Innovations] (Actually a repost of old snippet) - Kaiyuan Home Appliances Lv Ming Team

English summary

[Roborock] Repost of old snippet! Continuing to recommend: Q2 revenue growth expected to accelerate; excluding non-recurring items and exchange effects, operating net margin improves QoQ - Kaiyuan Home Appliances Lv Ming Team. Our model estimates are based on third-party data or company war reports. Revenue side: Q2 revenue growth is expected to accelerate QoQ (as we have been pointing out), we estimate revenue growth of 25-30%. We expect Q2 robot vacuum growth in Europe/Asia Pacific/North America/domestic at 20%+/20%+/40%+/10%. We expect Q2 floor washer domestic growth of 20%, overseas floor washer revenue may exceed RMB 500 million, full-year floor washer revenue RMB 4.5-5 billion, with overseas sales proportion expected to reach 40%. Profit side: Net profit attributable to shareholders is affected by non-recurring items and exchange effects, but is not expected to decline significantly (excluding tariff rebates, expected attributable profit -5% to 5%). Operating profit growth is expected to be higher than revenue growth. 1. Operating net margin (excluding non-recurring and exchange): Q2 washing machine loss reduction of RMB 160 million;…