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Viomi Technology Co., Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising air conditioning systems, washing machines, water heaters, smart water kettles, interactive smart screens (TVs), sweeper robots, smart locks, and other smart devices, as well as blenders. It also provides a suite of complementary consumable products and small appliances, such as portable fans, rice cookers, water quality meters, water filter pitchers, smart toilet, stainless-steel insulated water bottles, and food waste disposals; and value-added and installation services. The company sells its products directly to consumers through its online platform, Viomi mobile app, and e-commerce channels, including Youpin, JD.com, Tmall, Pinduoduo, and others, as well as offline experience stores. The company was founded in 2014 and is headquartered in Guangzhou, China.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -264.46M | 94.63M | 217.77M | 339.02M | 89.41M |
| Minority interest | 7.11M | -0.29M | 3.24M | 5.65M | 2.99M |
| Net income | -282.63M | 88.61M | 173.32M | 292.17M | 65.36M |
| Selling general administrative | 121.70M | 97.73M | 68.91M | 73.06M | 135.53M |
| Selling and marketing expenses | 614.89M | 751.01M | 597.18M | 529.21M | 379.55M |
| Gross profit | 737.09M | 1198.07M | 1082.96M | 1082.40M | 717.80M |
| Reconciled depreciation | 88.49M | 72.15M | 54.27M | 23.58M | 2.27M |
| Ebit | -365.81M | -7.48M | 129.71M | 311.07M | 76.21M |
| Ebitda | -277.31M | 64.67M | 183.98M | 275.19M | 78.48M |
| Depreciation and amortization | 88.49M | 72.15M | 54.27M | -35.88M | 2.27M |
| Non operating income net other | - | - | - | 0.00M | 0.00M |
| Operating income | -277.31M | -7.48M | 129.71M | 311.07M | 80.31M |
| Other operating expenses | 3510.04M | 5239.17M | 5641.64M | 4372.32M | 2482.75M |
| Interest expense | 19.97M | 101.82M | 31.97M | 26.11M | 0.33M |
| Tax provision | 18.17M | 5.74M | 43.32M | 45.19M | 24.06M |
| Interest income | 10.37M | 28.59M | 31.97M | 26.11M | 8.85M |
| Net interest income | 10.37M | 28.59M | 31.97M | 26.11M | 8.85M |
| Extraordinary items | - | - | - | 0.00M | 0.00M |
| Non recurring | - | - | - | 0.00M | 0.00M |
| Other items | - | - | - | 0.00M | 0.00M |
| Income tax expense | 18.17M | 5.74M | 43.32M | 45.19M | 24.06M |
| Total revenue | 3232.73M | 5303.84M | 5825.62M | 4647.51M | 2561.23M |
| Total operating expenses | 1014.41M | 1133.40M | 898.98M | 807.22M | 639.32M |
| Cost of revenue | 2495.64M | 4105.77M | 4742.67M | 3565.11M | 1843.43M |
| Total other income expense net | 12.86M | 102.11M | 88.06M | 27.95M | 2.08M |
| Discontinued operations | - | - | - | 0.00M | 0.00M |
| Net income from continuing ops | -282.63M | 88.89M | 174.45M | 293.83M | 65.35M |
| Net income applicable to common shares | -275.51M | 88.61M | 173.32M | 292.17M | 50.54M |
| Preferred stock and other adjustments | - | - | - | 0.00M | 0.00M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 2754.39M | 2973.75M | 3276.71M | 3179.52M | 3022.47M |
| Intangible assets | 70.08M | 74.12M | 73.90M | 70.66M | 4.36M |
| Other current assets | 186.67M | 271.76M | 191.96M | 157.88M | 92.88M |
| Total liab | 1410.75M | 1544.58M | 1625.79M | 1649.20M | 1648.03M |
| Total stockholder equity | 1347.89M | 1432.76M | 1647.40M | 1527.08M | 1368.80M |
| Deferred long term liab | - | - | - | - | 0.00M |
| Other current liab | 338.46M | 336.83M | 414.01M | 510.64M | 383.67M |
| Common stock | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Capital stock | 0.01M | 0.01M | 0.01M | 0.01M | 0.01M |
| Retained earnings | 89.71M | 174.38M | 449.90M | 363.05M | 195.60M |
| Other liab | - | - | 7.56M | 3.40M | 1.79M |
| Good will | - | - | - | - | 0.00M |
| Other assets | - | - | 92.62M | 83.99M | 23.45M |
| Cash | 491.71M | 737.14M | 586.96M | 504.11M | 972.44M |
| Total current liabilities | 1266.57M | 1414.99M | 1594.53M | 1634.11M | 1632.84M |
| Current deferred revenue | 131.34M | 118.37M | 100.10M | 112.61M | 103.15M |
| Net debt | -229.86M | -588.35M | -551.94M | -482.93M | -856.19M |
| Short term debt | 130.44M | 27.45M | 11.31M | 9.48M | 102.86M |
| Short long term debt | 128.03M | 20.21M | - | - | 95.87M |
| Short long term debt total | 261.85M | 148.79M | 35.01M | 21.17M | 116.25M |
| Other stockholder equity | 1272.49M | 1282.69M | 1270.61M | 1223.40M | 1192.33M |
| Property plant equipment | - | - | 164.42M | 92.97M | 87.06M |
| Total current assets | 2282.70M | 2583.03M | 2945.77M | 2931.90M | 2907.61M |
| Long term investments | 23.84M | - | - | - | 0.00M |
| Net tangible assets | - | - | 1573.51M | 1456.42M | 1364.44M |
| Short term investments | 466.21M | 368.60M | 878.87M | 706.05M | 376.20M |
| Net receivables | 551.25M | 627.17M | 711.64M | 1124.48M | 1048.08M |
| Long term debt | 128.70M | 114.55M | 16.11M | - | 0.00M |
| Inventory | 442.22M | 502.29M | 576.35M | 439.38M | 418.01M |
| Accounts payable | 666.33M | 932.35M | 1069.11M | 1001.37M | 1043.16M |
| Total permanent equity | - | - | - | - | 0.00M |
| Noncontrolling interest in consolidated entity | - | - | - | - | 0.00M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | 0.00M |
| Accumulated other comprehensive income | -14.33M | -24.34M | -73.12M | -59.38M | -19.14M |
| Additional paid in capital | - | - | - | - | 0.00M |
| Common stock total equity | - | - | - | 0.01M | 0.01M |
| Preferred stock total equity | - | - | - | - | 0.00M |
| Retained earnings total equity | - | - | - | - | 0.00M |
| Treasury stock | - | - | - | - | 0.00M |
| Accumulated amortization | - | - | - | - | 0.00M |
| Non currrent assets other | 18.82M | 52.86M | 57.32M | 69.80M | 11.17M |
| Deferred long term asset charges | - | - | - | - | 0.00M |
| Non current assets total | 471.69M | 390.72M | 330.94M | 247.62M | 114.86M |
| Capital lease obligations | 5.12M | 14.03M | 18.91M | 21.17M | 20.38M |
| Long term debt total | - | - | - | - | 0.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | 314.55M | -265.32M | -382.64M | -268.96M | -151.82M |
| Change to liabilities | -225.05M | 0.00M | -41.79M | 494.68M | 256.84M |
| Total cashflows from investing activities | 314.55M | 314.55M | -433.08M | -268.96M | -151.82M |
| Net borrowings | 118.66M | 118.66M | -95.87M | 95.87M | -31.90M |
| Total cash from financing activities | 113.56M | 17.13M | -146.38M | 48.54M | 604.98M |
| Change to operating activities | 31.73M | 31.73M | -42.60M | 216.05M | 84.52M |
| Net income | -282.63M | 88.89M | 174.45M | 293.83M | 65.35M |
| Change in cash | 114.35M | 12.25M | -428.30M | 33.16M | 689.90M |
| Begin period cash flow | 622.79M | 574.71M | 1003.00M | 969.85M | 279.95M |
| End period cash flow | 737.14M | 586.96M | 574.71M | 1003.00M | 969.85M |
| Total cash from operating activities | -284.17M | 308.97M | 185.20M | 245.48M | 222.27M |
| Issuance of capital stock | - | - | - | 0.00M | 636.17M |
| Depreciation | 88.49M | 72.15M | 54.27M | 23.58M | 2.27M |
| Other cashflows from investing activities | - | - | -0.57M | -7.87M | 31.23M |
| Dividends paid | - | 0.00M | 1.24M | 46.60M | 0.00M |
| Change to inventory | 41.21M | -145.08M | -43.94M | -201.70M | -182.34M |
| Change to account receivables | -31.96M | 387.57M | -19.61M | -653.44M | -118.81M |
| Sale purchase of stock | -8.04M | -12.07M | -54.60M | -2.64M | 636.17M |
| Other cashflows from financing activities | 121.60M | 29.20M | 4.09M | 97.78M | 0.70M |
| Change to netincome | 113.58M | 113.58M | 88.09M | 50.83M | 115.84M |
| Capital expenditures | 199.96M | 110.17M | 50.44M | 68.60M | 13.69M |
| Change receivables | - | - | - | 0.00M | 0.00M |
| Cash flows other operating | - | - | - | 0.00M | 0.00M |
| Exchange rate changes | - | - | - | 0.00M | 0.00M |
| Cash and cash equivalents changes | - | - | - | 0.00M | 0.00M |
| Change in working capital | -213.97M | 86.58M | -74.96M | -121.45M | 38.80M |
| Stock based compensation | 19.56M | 47.41M | 72.20M | 43.17M | 116.61M |
| Other non cash items | 81.74M | 35.06M | -39.27M | 13.40M | 1.42M |
| Free cash flow | -484.13M | 198.80M | 134.75M | 176.88M | 208.58M |
Sector: Consumer Cyclical Industry: Furnishings, Fixtures & Appliances
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| VIOT Viomi Technology ADR |
- -% |
1.30 | - | 6.53 | 0.01 | 0.19 | 0.00 | 0.30 |
| MGCLY Midea Group Co., Ltd. |
0.10 0.81% |
12.47 | 14.58 | 12.58 | 0.21 | 3.06 | 1.38 | 9.81 |
| HSHCY Haier Smart Home Co. Ltd |
0.10 0.97% |
10.46 | 9.24 | 8.53 | 0.08 | 1.39 | 0.59 | 5.39 |
| HRSHF Haier Smart Home Co. Ltd |
0.15 6.12% |
2.60 | 8.97 | 8.35 | 0.08 | 1.36 | 0.58 | 5.38 |
| SN SharkNinja, Inc. |
-2.63 1.23% |
210.59 | 34.59 | 23.26 | 3.41 | 8.40 | 3.48 | 22.40 |
Viomi Technology Co., Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising air conditioning systems, washing machines, water heaters, smart water kettles, interactive smart screens (TVs), sweeper robots, smart locks, and other smart devices, as well as blenders. It also provides a suite of complementary consumable products and small appliances, such as portable fans, rice cookers, water quality meters, water filter pitchers, smart toilet, stainless-steel insulated water bottles, and food waste disposals; and value-added and installation services. The company sells its products directly to consumers through its online platform, Viomi mobile app, and e-commerce channels, including Youpin, JD.com, Tmall, Pinduoduo, and others, as well as offline experience stores. The company was founded in 2014 and is headquartered in Guangzhou, China.
| Name | Title | Year Born |
|---|---|---|
| Mr. Xiaoping Chen | Founder, Chairman & CEO | 1975 |
| Ms. Zhi Hong Li | IR Director | NA |
| Mr. Xiaoping Chen | Founder, Chairman & CEO | 1976 |
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