Viomi Technology
Market Cap
US$378.0m
Last Updated
2020/10/29 00:14 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
No risks detected for VIOT from our risk checks.
Snowflake Analysis
Flawless balance sheet with proven track record.
Similar Companies
Share Price & News
How has Viomi Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VIOT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-6.4%
VIOT
-4.7%
US Consumer Durables
-4.6%
US Market
1 Year Return
-37.5%
VIOT
11.2%
US Consumer Durables
11.5%
US Market
Return vs Industry: VIOT underperformed the US Consumer Durables industry which returned 11.2% over the past year.
Return vs Market: VIOT underperformed the US Market which returned 11.5% over the past year.
Shareholder returns
| VIOT | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.4% | -4.7% | -4.6% |
| 30 Day | -9.1% | -3.8% | -0.9% |
| 90 Day | -15.8% | 4.4% | 2.2% |
| 1 Year | -37.5%-37.5% | 12.7%11.2% | 14.0%11.5% |
| 3 Year | n/a | 14.5%10.2% | 34.5%25.6% |
| 5 Year | n/a | 39.7%30.8% | 73.0%53.6% |
Price Volatility Vs. Market
How volatile is Viomi Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Here's What Viomi Technology Co., Ltd's (NASDAQ:VIOT) Shareholder Ownership Structure Looks Like3 weeks ago | Simply Wall St
At US$6.00, Is Viomi Technology Co., Ltd (NASDAQ:VIOT) Worth Looking At Closely?1 month ago | Simply Wall St
Should You Be Impressed By Viomi Technology's (NASDAQ:VIOT) Returns on Capital?Valuation
Is Viomi Technology undervalued compared to its fair value and its price relative to the market?
14.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VIOT ($5.42) is trading below our estimate of fair value ($6.34)
Significantly Below Fair Value: VIOT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: VIOT is poor value based on its PE Ratio (13.3x) compared to the US Consumer Durables industry average (13.2x).
PE vs Market: VIOT is good value based on its PE Ratio (13.3x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: VIOT is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: VIOT is overvalued based on its PB Ratio (1.8x) compared to the US Consumer Durables industry average (1.5x).
Next Steps
Future Growth
How is Viomi Technology forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
38.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VIOT's forecast earnings growth (38.8% per year) is above the savings rate (2.2%).
Earnings vs Market: VIOT's earnings (38.8% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VIOT's revenue (19.8% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: VIOT's revenue (19.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VIOT's Return on Equity is forecast to be low in 3 years time (17.7%).
Next Steps
Past Performance
How has Viomi Technology performed over the past 5 years?
81.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VIOT has high quality earnings.
Growing Profit Margin: VIOT's current net profit margins (3.6%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: VIOT's earnings have grown significantly by 81.5% per year over the past 5 years.
Accelerating Growth: VIOT's earnings growth over the past year (57.2%) is below its 5-year average (81.5% per year).
Earnings vs Industry: VIOT earnings growth over the past year (57.2%) exceeded the Consumer Durables industry 20%.
Return on Equity
High ROE: VIOT's Return on Equity (13.3%) is considered low.
Next Steps
Financial Health
How is Viomi Technology's financial position?
Financial Position Analysis
Short Term Liabilities: VIOT's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: VIOT's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥18.3M).
Debt to Equity History and Analysis
Debt Level: VIOT is debt free.
Reducing Debt: VIOT had no debt 5 years ago.
Debt Coverage: VIOT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VIOT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Viomi Technology current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VIOT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VIOT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VIOT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VIOT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VIOT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average board tenure
CEO
Xiaoping Chen (45 yo)
no data
Tenure
Mr. Xiaoping Chen serves as Founder, Chairman of the Board of Directors and Chief Executive Officer at Viomi Technology Co., Ltd.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | no data | 34.82% CN¥ 131.6m | |
| Director | 2.33yrs | no data | no data | |
| Independent Director | 2.08yrs | no data | no data | |
| Independent Director | 2.08yrs | no data | no data | |
| Independent Director | 1.08yrs | no data | no data |
2.1yrs
Average Tenure
45yo
Average Age
Experienced Board: VIOT's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Viomi Technology Co., Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Viomi Technology Co., Ltd
- Ticker: VIOT
- Exchange: NasdaqGS
- Founded: 2014
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: US$378.023m
- Shares outstanding: 69.75m
- Website: https://www.viomi.com.cn
Number of Employees
Location
- Viomi Technology Co., Ltd
- Tower C, Xingang East Road
- Room 1302
- Guangzhou
- Guangdong Province
- 510220
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VIOT | NasdaqGS (Nasdaq Global Select) | Yes | SPONSORED ADS | US | USD | Sep 2018 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/29 00:14 |
| End of Day Share Price | 2020/10/28 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.