Unitree Profit Soars Sixfold Yet Its Stock Falls 60%
On the morning of Oct. 8, a post on a Hangzhou stock forum, highlighted by Leaderobot, showed Unitree Technology's trading board. The stock opened at 430 yuan and fell to a low of 430.50 yuan. Compared with its Aug. 19 peak of 1,100 yuan, it had erased 669.50 yuan, a drop of 60.86%.
The first reply came from an investor who said they had won an allotment at 150 yuan and now felt heartache. A second commenter noted that a company whose profit rose 674% in a year could still experience such a steep share-price decline.
The company is Unitree Technology, the first humanoid robot stock on China's A-share market, ticker 688836. Its sharp pullback has drawn attention because Unitree is widely viewed as a bellwether for the country's embodied-AI and robotics sector.
The contrast between rapid earnings growth and a plunging stock highlights how volatile sentiment remains in humanoid robotics investing. Even strong financial momentum has not shielded the sector leader from a broad reassessment of valuations. The forum posts captured a mix of frustration and disbelief among retail investors.