Viomi Technology Co., Ltd

NASDAQ•VIOT

CEO: Mr. Xiaoping Chen

Sector: Consumer Cyclical

Industry: Furnishings, Fixtures & Appliances

Listing Date: 2018-09-25

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.

Contact Information

Tower C, Xingang East Road, Room 1302 Wansheng Square Haizhu District, Guangzhou, 510220, China

86-20-8930-9496

ir.viomi.com

Market Cap

$92.21M

P/E (TTM)

5.3

25.3

Dividend Yield

5.5%

52W High

$4.33

52W Low

$1.18

52W Range

Rank33Top 25.7%

4.8

F-Score

Modified Piotroski Analysis

Based on 9-year fundamentals

Average • 4.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2017-2025

Financial Dashboard

Q2 2025 Data

Revenue

$102.18M+42.06%

4-Quarter Trend

EPS

$0.12+1954.80%

4-Quarter Trend

FCF

$0.00+0.00%

4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Net Revenues Jump 29.3% Net revenues reached RMB 2.12 B (US$ 290.3 M) in 2024, driven by 39.0% growth in home water systems segment.

Return to Profitability Attributable net income was RMB 63.4 M in 2024, reversing RMB 84.7 M net loss reported in 2023, excluding discontinued operations.

IoT@Home Business Divested Completed 2024 reorganization, divesting IoT@Home business for RMB 65 M cash consideration in August 2024, focusing on core operations.

Strong Cash Position Ending cash and equivalents totaled RMB 1.17 B (US$ 159.9 M) as of December 31, 2024, indicating strong liquidity.

Risk Factors

Extreme Xiaomi Revenue Reliance Sales to Xiaomi accounted for 82.7% of total net revenues in 2024, posing significant operational risk from partner relationship changes.

Gross Margin Compression Gross margin fell to 25.9% in 2024 from 31.9% in 2023 due to increased cost of revenues and product mix shift.

Internal Control Deficiencies Management concluded internal control over financial reporting was not effective as of December 31, 2024, citing lack of sufficient accounting personnel.

VIE Structure Enforcement Risk Reliance on VIE contractual arrangements faces uncertainty regarding PRC regulatory interpretation and potential adverse enforcement actions.

Outlook

Focus on Home Water Solutions Future strategy centers on home water solutions, following divestiture of non-core IoT@Home portfolio products completed in August 2024.

Continued AI Technology Investment Expect continued investment in R&D, especially AI technology, to enhance product innovation and maintain competitive positioning in evolving markets.

Earnings Retention Policy Intends to retain most, if not all, future earnings to fund operations and expansion; no present regular dividend plan established.

Future Product Pipeline Plans to continue introducing innovative products, including the Kunlun 4 Pro Alkaline Mineral Water purifier launch scheduled for May 2025.

Peer Comparison

Revenue (TTM)

CRMT

$1.14B

-15.9%

MSC

$694.57M

+8.7%

LOVE

$690.56M

+0.1%

Gross Margin (Latest Quarter)

INSE

200.9%

+0.2pp

RICK

57.8%

-0.9pp

LOVE

56.1%

-2.4pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
RCKY	$326.65M	14.7	9.2%	26.0%
DENN	$321.87M	38.6	-29.7%	82.8%
FLXS	$246.00M	11.7	12.4%	19.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

12.2%

Steady Growth

4Q Net Income CAGR

171.4%

Profitability Improved

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:Mar 23, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data