ZhilianhaiFinding Robot Revenue in Financial Reports
Three places to look
| Location | What to read |
|---|---|
| Segment data | Revenue and margin for robot related business |
| Research spending | Capitalisation policy and active project direction |
| Customer concentration | Share of revenue from the top five customers |
Practical cautions
- Companies define business boundaries differently, so align definitions first.
- Order intake must be read together with delivery lead times.
- Watch impairment and inventory movements as an indicator of delivery pace.
This section summarises public information and is not investment advice.