Unitree Robotics IPO Raises 6.1B Yuan at 219x P/E Ratio

Unitree Robotics completes public offering raising 6.1B yuan with a 219.23x P/E ratio. DJI, former largest external shareholder, withdrew in 2019 and declined to comment.

Woofun AI reports that Unitree Robotics officially launched its public offering on August 10, setting an issue price of 150.80 yuan per share. The issuance generated nearly 6.1 billion yuan in total funds, establishing a post-issuance market capitalization of approximately 60.993 billion yuan and a P/E ratio of 219.23 times.

DJI previously acquired roughly 17% of Unitree Robotics for 10.1286 million yuan in 2018, becoming the largest external shareholder before reducing its stake and exiting the shareholder list in 2019. DJI declined to comment on reports regarding this historical investment.