On April 9, 2025, Bear Electric Appliance released its 2024 annual report. The company posted revenue of RMB 4.758 billion, a 0.98% year-on-year increase. Net profit attributable to shareholders was RMB 288 million, down 35.37%.
By business segment, revenue from kitchen small appliances was RMB 3.276 billion, down 10.10%; revenue from home living small appliances RMB 560 million, up 15.33%; revenue from personal care small appliances RMB 362 million, up 174.31%; revenue from maternal and baby small appliances RMB 250 million, up 31.83%; revenue from other small appliances RMB 204 million, down 8.85%; revenue from other businesses RMB 107 million, up 187.44%.
By region, domestic revenue stood at RMB 4.090 billion, down 5.81%; overseas revenue was RMB 668 million, up 80.81%.