Unitree Technology sets IPO at 150.80 yuan, valuing 2025 earnings at 219.23x

Unitree Technology said on Aug. 17 that it generated 1.699 billion yuan in revenue in 2025 and 278 million yuan in net profit attributable to parent company shareholders, using the lower figure before and after excluding non-recurring items. The IPO price was set at 150.80 yuan per share, implying a diluted static price-to-sales ratio (market value versus revenue) of 35.89 times and a diluted price-to-earnings ratio (stock price versus profit) of 219.23 times. The company said both valuation measures were above relevant industry benchmarks, with the sales multiple higher than the average for comparable companies and the earnings multiple above the industry's average static P/E over the past month. At the start of trading, 30.0877 million unrestricted circulating shares will be available, representing 7.44% of the enlarged share capital.

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