Viomi Technology Co., Ltd. Financials

VIOT

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Viomi Technology Co., Ltd. (VIOT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 53/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Viomi Technology Co., Ltd. has an operating margin of 7.4%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 37/100, indicating healthy but not exceptional operating efficiency.

Growth

Viomi Technology Co., Ltd.'s revenue declined 17.3% year-over-year, from $351.2M to $290.3M. This contraction results in a growth score of 0/100.

Leverage

100

Viomi Technology Co., Ltd. carries a low D/E ratio of 0.05, meaning only $0.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Viomi Technology Co., Ltd.'s current ratio of 2.07 indicates adequate short-term liquidity, earning a score of 63/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

100

Viomi Technology Co., Ltd. converts 32.4% of revenue into free cash flow ($94.2M). This strong cash generation earns a score of 100/100.

Returns

Viomi Technology Co., Ltd. generates a 4.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 17/100.

Altman Z-Score Grey Zone

1.99

Viomi Technology Co., Ltd. scores 1.99, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Strong

7/9

Viomi Technology Co., Ltd. passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

11.49x

For every $1 of reported earnings, Viomi Technology Co., Ltd. generates $11.49 in operating cash flow ($98.1M OCF vs $8.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Revenue

$290.3M

YoY-17.3%

5Y CAGR-15.3%

Viomi Technology Co., Ltd. generated $290.3M in revenue in fiscal year 2024. This represents a decrease of 17.3% from the prior year.

EBITDA

$25.4M

Viomi Technology Co., Ltd.'s EBITDA was $25.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

Free Cash Flow

$94.2M

YoY+413.4%

5Y CAGR+28.2%

Viomi Technology Co., Ltd. generated $94.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 413.4% from the prior year.

Net Income

$8.5M

YoY+171.6%

5Y CAGR-27.3%

Viomi Technology Co., Ltd. reported $8.5M in net income in fiscal year 2024. This represents an increase of 171.6% from the prior year.

EPS (Diluted)

$0.04

YoY+166.7%

5Y CAGR-26.8%

Viomi Technology Co., Ltd. earned $0.04 per diluted share (EPS) in fiscal year 2024. This represents an increase of 166.7% from the prior year.

Cash & Debt

$140.6M

YoY+103.0%

5Y CAGR+0.1%

Viomi Technology Co., Ltd. held $140.6M in cash against $10.4M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

25.9%

YoY+3.1pp

5Y CAGR+2.6pp

Viomi Technology Co., Ltd.'s gross margin was 25.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.1 percentage points from the prior year.

Operating Margin

7.4%

Viomi Technology Co., Ltd.'s operating margin was 7.4% in fiscal year 2024, reflecting core business profitability.

Net Margin

2.9%

YoY+6.3pp

5Y CAGR-3.4pp

Viomi Technology Co., Ltd.'s net profit margin was 2.9% in fiscal year 2024, showing the share of revenue converted to profit. This is up 6.3 percentage points from the prior year.

Return on Equity

4.3%

5Y CAGR-17.0pp

Viomi Technology Co., Ltd.'s ROE was 4.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.

R&D Spending

$19.6M

YoY-37.7%

5Y CAGR-7.8%

Viomi Technology Co., Ltd. invested $19.6M in research and development in fiscal year 2024. This represents a decrease of 37.7% from the prior year.

Share Buybacks

$587K

YoY-35.3%

Viomi Technology Co., Ltd. spent $587K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 35.3% from the prior year.

Capital Expenditures

$3.9M

YoY-74.7%

5Y CAGR-13.4%

Viomi Technology Co., Ltd. invested $3.9M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 74.7% from the prior year.

VIOT Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$290.3M-17.3%	$351.2M-25.1%	$468.7M-43.7%	$832.3M-6.8%	$892.8M+33.7%	$667.6M
Cost of Revenue	$215.1M-20.6%	$271.0M-25.1%	$361.8M-43.8%	$644.3M-11.4%	$726.8M+41.9%	$512.1M
Gross Profit	$75.2M-6.3%	$80.2M-24.9%	$106.9M-43.2%	$188.0M+13.3%	$166.0M+6.7%	$155.5M
R&D Expenses	$19.6M-37.7%	$31.4M-27.8%	$43.5M-11.1%	$48.9M+20.2%	$40.7M+38.3%	$29.4M
SG&A Expenses	$9.7M-15.5%	$11.5M-34.9%	$17.6M+15.1%	$15.3M+45.2%	$10.6M+0.6%	$10.5M
Operating Income	$21.4M	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$2.3M+849.6%	$244K-90.7%	$2.6M+192.5%	$901K-86.4%	$6.6M+2.3%	$6.5M
Net Income	$8.5M+171.6%	-$11.9M+70.1%	-$39.9M-387.3%	$13.9M-47.7%	$26.6M-36.7%	$42.0M
EPS (Diluted)	$0.04+166.7%	$-0.06+68.4%	$-0.19-416.7%	$0.06-50.0%	$0.12-36.8%	$0.19

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A

VIOT Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$354.2M-8.7%	$387.9M-7.3%	$418.4M-18.6%	$514.2M+5.5%	$487.3M+12.2%	$434.2M
Current Assets	$296.6M-7.7%	$321.5M-11.1%	$361.7M-21.7%	$462.3M+2.9%	$449.3M+7.6%	$417.7M
Cash & Equivalents	$140.6M+103.0%	$69.3M-35.2%	$106.9M+16.0%	$92.1M+19.2%	$77.3M-44.7%	$139.7M
Inventory	$15.4M-75.3%	$62.3M-14.5%	$72.8M-19.5%	$90.4M+34.3%	$67.3M+12.1%	$60.0M
Accounts Receivable	N/A	N/A	$35.0M-26.2%	$47.4M-27.6%	$65.5M+44.2%	$45.4M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$155.6M-21.7%	$198.7M-5.9%	$211.2M-17.2%	$255.1M+0.9%	$252.8M+6.8%	$236.7M
Current Liabilities	$143.0M-19.8%	$178.4M-7.3%	$192.4M-23.1%	$250.2M-0.1%	$250.4M+6.8%	$234.5M
Long-Term Debt	$10.4M-42.6%	$18.1M+9.1%	$16.6M+557.2%	$2.5M	N/A	N/A
Total Equity	$197.9M+4.2%	$189.8M-8.6%	$207.7M-19.6%	$258.5M+10.5%	$234.0M+19.0%	$196.6M
Retained Earnings	$21.0M+66.0%	$12.6M-50.0%	$25.3M-64.2%	$70.6M+26.9%	$55.6M+98.0%	$28.1M

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Total Assets	$354.2M-8.7%	$387.9M-7.3%	$418.4M-18.6%	$514.2M+5.5%	$487.3M+12.2%	$434.2M+55.2%	$279.7M
Current Assets	$296.6M-7.7%	$321.5M-11.1%	$361.7M-21.7%	$462.3M+2.9%	$449.3M+7.6%	$417.7M+50.9%	$276.7M
Cash & Equivalents	$140.6M+103.0%	$69.3M-35.2%	$106.9M+16.0%	$92.1M+19.2%	$77.3M-44.7%	$139.7M+2.1%	$136.8M
Inventory	$15.4M-75.3%	$62.3M-14.5%	$72.8M-19.5%	$90.4M+34.3%	$67.3M+12.1%	$60.0M+78.0%	$33.7M
Accounts Receivable	N/A	N/A	$35.0M-26.2%	$47.4M-27.6%	$65.5M+44.2%	$45.4M+179.5%	$16.2M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$155.6M-21.7%	$198.7M-5.9%	$211.2M-17.2%	$255.1M+0.9%	$252.8M+6.8%	$236.7M+91.0%	$123.9M
Current Liabilities	$143.0M-19.8%	$178.4M-7.3%	$192.4M-23.1%	$250.2M-0.1%	$250.4M+6.8%	$234.5M+89.3%	$123.9M
Long-Term Debt	$10.4M-42.6%	$18.1M+9.1%	$16.6M+557.2%	$2.5M	N/A	N/A	N/A
Total Equity	$197.9M+4.2%	$189.8M-8.6%	$207.7M-19.6%	$258.5M+10.5%	$234.0M+19.0%	$196.6M+26.6%	$155.3M
Retained Earnings	$21.0M+66.0%	$12.6M-50.0%	$25.3M-64.2%	$70.6M+26.9%	$55.6M+98.0%	$28.1M+302.2%	-$13.9M

VIOT Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$98.1M+774.7%	-$14.5M+64.7%	-$41.2M-185.0%	$48.5M+70.8%	$28.4M-19.5%	$35.3M
Capital Expenditures	$3.9M-74.7%	$15.5M-45.3%	$28.4M+81.7%	$15.6M+114.3%	$7.3M-9.7%	$8.1M
Free Cash Flow	$94.2M+413.4%	-$30.1M+56.8%	-$69.6M-311.5%	$32.9M+55.8%	$21.1M-22.4%	$27.2M
Investing Cash Flow	-$22.6M+19.4%	-$28.0M-161.4%	$45.6M+209.5%	-$41.6M+37.3%	-$66.4M-71.8%	-$38.6M
Financing Cash Flow	-$4.7M-129.2%	$16.3M-1.1%	$16.5M+512.8%	$2.7M+112.0%	-$22.4M-421.7%	$7.0M
Dividends Paid	N/A	N/A	N/A	N/A	$0-100.0%	$6.7M
Share Buybacks	$587K-35.3%	$907K-22.1%	$1.2M-38.5%	$1.9M-77.4%	$8.4M	N/A

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A

VIOT Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	25.9%+3.1pp	22.8%+0.0pp	22.8%+0.2pp	22.6%+4.0pp	18.6%-4.7pp	23.3%
Operating Margin	7.4%	N/A	N/A	N/A	N/A	N/A
Net Margin	2.9%+6.3pp	-3.4%+5.1pp	-8.5%-10.2pp	1.7%-1.3pp	3.0%-3.3pp	6.3%
Return on Equity	4.3%	N/A	N/A	5.4%-6.0pp	11.3%-10.0pp	21.3%
Return on Assets	2.4%+5.5pp	-3.1%+6.5pp	-9.6%-12.3pp	2.7%-2.8pp	5.5%-4.2pp	9.7%
Current Ratio	2.07+0.3	1.80-0.1	1.88+0.0	1.85+0.1	1.79+0.0	1.78
Debt-to-Equity	0.05-0.0	0.10+0.0	0.08+0.1	0.01-1.1	1.08-0.1	1.20
FCF Margin	32.4%+41.0pp	-8.6%+6.3pp	-14.8%-18.8pp	4.0%+1.6pp	2.4%-1.7pp	4.1%

Metric	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	2.07+0.3	1.80-0.1	1.88+0.0	1.85+0.1	1.79+0.0	1.78-0.5	2.23
Debt-to-Equity	0.05-0.0	0.10+0.0	0.08+0.1	0.01-1.1	1.08-0.1	1.20+0.4	0.80
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Similar Companies

$184.8M

$284.4M

$194.7M

$260.8M

$116.7M

Frequently Asked Questions

What is Viomi Technology Co., Ltd.'s annual revenue?

Viomi Technology Co., Ltd. (VIOT) reported $290.3M in total revenue for fiscal year 2024. This represents a -17.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Viomi Technology Co., Ltd.'s revenue growing?

Viomi Technology Co., Ltd. (VIOT) revenue declined by 17.3% year-over-year, from $351.2M to $290.3M in fiscal year 2024.

Is Viomi Technology Co., Ltd. profitable?

Yes, Viomi Technology Co., Ltd. (VIOT) reported a net income of $8.5M in fiscal year 2024, with a net profit margin of 2.9%.

What is Viomi Technology Co., Ltd.'s earnings per share (EPS)?

Viomi Technology Co., Ltd. (VIOT) reported diluted earnings per share of $0.04 for fiscal year 2024. This represents a 166.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Viomi Technology Co., Ltd.'s EBITDA?

Viomi Technology Co., Ltd. (VIOT) had EBITDA of $25.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Viomi Technology Co., Ltd. have?

As of fiscal year 2024, Viomi Technology Co., Ltd. (VIOT) had $140.6M in cash and equivalents against $10.4M in long-term debt.

What is Viomi Technology Co., Ltd.'s gross margin?

Viomi Technology Co., Ltd. (VIOT) had a gross margin of 25.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Viomi Technology Co., Ltd.'s operating margin?

Viomi Technology Co., Ltd. (VIOT) had an operating margin of 7.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Viomi Technology Co., Ltd.'s net profit margin?

Viomi Technology Co., Ltd. (VIOT) had a net profit margin of 2.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Viomi Technology Co., Ltd.'s return on equity (ROE)?

Viomi Technology Co., Ltd. (VIOT) has a return on equity of 4.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Viomi Technology Co., Ltd.'s free cash flow?

Viomi Technology Co., Ltd. (VIOT) generated $94.2M in free cash flow during fiscal year 2024. This represents a 413.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Viomi Technology Co., Ltd.'s operating cash flow?

Viomi Technology Co., Ltd. (VIOT) generated $98.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Viomi Technology Co., Ltd.'s total assets?

Viomi Technology Co., Ltd. (VIOT) had $354.2M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Viomi Technology Co., Ltd.'s capital expenditures?

Viomi Technology Co., Ltd. (VIOT) invested $3.9M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Viomi Technology Co., Ltd. spend on research and development?

Viomi Technology Co., Ltd. (VIOT) invested $19.6M in research and development during fiscal year 2024.

Does Viomi Technology Co., Ltd. buy back shares?

Yes, Viomi Technology Co., Ltd. (VIOT) spent $587K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

What is Viomi Technology Co., Ltd.'s current ratio?

Viomi Technology Co., Ltd. (VIOT) had a current ratio of 2.07 as of fiscal year 2024, which is generally considered healthy.

What is Viomi Technology Co., Ltd.'s debt-to-equity ratio?

Viomi Technology Co., Ltd. (VIOT) had a debt-to-equity ratio of 0.05 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Viomi Technology Co., Ltd.'s return on assets (ROA)?

Viomi Technology Co., Ltd. (VIOT) had a return on assets of 2.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Viomi Technology Co., Ltd.'s Altman Z-Score?

Viomi Technology Co., Ltd. (VIOT) has an Altman Z-Score of 1.99, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Viomi Technology Co., Ltd.'s Piotroski F-Score?

Viomi Technology Co., Ltd. (VIOT) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Viomi Technology Co., Ltd.'s earnings high quality?

Viomi Technology Co., Ltd. (VIOT) has an earnings quality ratio of 11.49x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Viomi Technology Co., Ltd.?

Viomi Technology Co., Ltd. (VIOT) scores 53 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.