SIASUN(SZ:300024) Xin Lang Cai Jing·2025-06-10 06:53Core Viewpoint - The robot sector in the A-share market is experiencing a significant downturn, with the Robot ETF (159213) showing a decline of 1.76% as of June 10, reflecting strong buying power despite the drop [1][3]. Group 1: Market Performance - The Robot ETF (159213) has seen a continuous pullback, with nearly all component stocks experiencing declines, including Zhongkong Technology and Shuanghuan Transmission, which fell over 2% [3]. - The domestic market for elderly care robots has surpassed 30 billion yuan in 2024 and is expected to reach 50 billion yuan in 2025, with a compound annual growth rate exceeding 30% [3]. Group 2: Policy and Industry Trends - A recent notice from relevant authorities outlines a plan for pilot applications of intelligent elderly care service robots, requiring validation in 200 households and over 20 communities or institutions [3]. - The human-shaped robot sector is transitioning from a thematic investment phase to a more mature investment landscape, with a focus on actual application effectiveness and technological advancements [8]. Group 3: Valuation and Investment Insights - The valuation metrics for the Robot ETF (159213) indicate a price-to-earnings ratio of 42.0 and a price-to-book ratio of 3.99, slightly above the historical median but still considered safe for growth [6]. - The market is shifting towards companies that can demonstrate actual orders and production capabilities, emphasizing the importance of technological innovation and cost reduction in the supply chain [8][10]. Group 4: Future Outlook - The human-shaped robot industry is anticipated to reach a production milestone in 2025, with a potential market size exceeding 15 trillion yuan, driven by advancements in technology and supply chain efficiencies [10]. - The industry is witnessing a surge in interest from global tech giants and startups, indicating a pivotal moment for the commercialization of human-shaped robots [10].