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Huami

NYSE:HMI
Snowflake Description

High growth potential with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HMI
NYSE
$500M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Huami Corporation, a biometric and activity data-driven company, develops, manufactures, and sells smart wearable technological devices in the People’s Republic of China. The last earnings update was 42 days ago. More info.


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  • Huami has significant price volatility in the past 3 months.
HMI Share Price and Events
7 Day Returns
-16.3%
NYSE:HMI
-2.6%
US Electronic
0.2%
US Market
1 Year Returns
-26.7%
NYSE:HMI
0.1%
US Electronic
2.9%
US Market
HMI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Huami (HMI) -16.3% -26.1% -51.5% -26.7% - -
US Electronic -2.6% -9% -4.8% 0.1% 53.9% 53.2%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • HMI underperformed the Electronic industry which returned 0.1% over the past year.
  • HMI underperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Huami undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Huami to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Huami.

NYSE:HMI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:HMI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.047 (1 + (1- 25%) (0.58%))
1.035
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.035 * 5.96%)
8.9%

Discounted Cash Flow Calculation for NYSE:HMI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Huami is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:HMI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 8.9%)
2019 1,136.07 Est @ 73.12% 1,043.26
2020 1,726.85 Est @ 52% 1,456.21
2021 2,369.59 Est @ 37.22% 1,834.96
2022 3,006.37 Est @ 26.87% 2,137.87
2023 3,596.53 Est @ 19.63% 2,348.59
2024 4,120.19 Est @ 14.56% 2,470.73
2025 4,573.87 Est @ 11.01% 2,518.70
2026 4,963.87 Est @ 8.53% 2,510.14
2027 5,300.80 Est @ 6.79% 2,461.52
2028 5,596.08 Est @ 5.57% 2,386.33
Present value of next 10 years cash flows CN¥21,168.29
NYSE:HMI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥5,596.08 × (1 + 2.73%) ÷ (8.9% – 2.73%)
CN¥93,221.57
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥93,221.57 ÷ (1 + 8.9%)10
CN¥39,752.31
NYSE:HMI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥21,168.29 + CN¥39,752.31
CN¥60,920.60
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥60,920.60 / 61.29
CN¥993.95
NYSE:HMI Discount to Share Price
Calculation Result
Exchange Rate CNY/USD
(Reporting currency to currency of NYSE:HMI)
0.145
Value per Share
(USD)
= Value per Share in CNY x Exchange Rate (CNY/USD)
= CN¥993.95 x 0.145
$143.83
Value per share (USD) From above. $143.83
Current discount Discount to share price of $8.16
= -1 x ($8.16 - $143.83) / $143.83
94.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Huami is available for.
Intrinsic value
>50%
Share price is $8.16 vs Future cash flow value of $143.83
Current Discount Checks
For Huami to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Huami's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Huami's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Huami's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Huami's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:HMI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥2.14
NYSE:HMI Share Price ** NYSE (2019-05-23) in USD $8.16
NYSE:HMI Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.911 CN¥56.39
United States of America Electronic Industry PE Ratio Median Figure of 93 Publicly-Listed Electronic Companies 20.27x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Huami.

NYSE:HMI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:HMI Share Price ÷ EPS (both in CNY)

= 56.39 ÷ 2.14

26.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Huami is overvalued based on earnings compared to the US Electronic industry average.
  • Huami is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Huami's expected growth come at a high price?
Raw Data
NYSE:HMI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
40.3%per year
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.26x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

NYSE:HMI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 26.32x ÷ 40.3%

0.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Huami is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Huami's assets?
Raw Data
NYSE:HMI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥29.97
NYSE:HMI Share Price * NYSE (2019-05-23) in USD $8.16
NYSE:HMI Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 6.911 CN¥56.39
United States of America Electronic Industry PB Ratio Median Figure of 139 Publicly-Listed Electronic Companies 2.07x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
NYSE:HMI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:HMI Share Price ÷ Book Value per Share (both in CNY)

= 56.39 ÷ 29.97

1.88x

* Primary Listing of Huami.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Huami is good value based on assets compared to the US Electronic industry average.
X
Value checks
We assess Huami's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Huami has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Huami expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
40.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Huami expected to grow at an attractive rate?
  • Huami's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Huami's earnings growth is expected to exceed the United States of America market average.
  • Huami's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:HMI Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:HMI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 40.3%
NYSE:HMI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 26.2%
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:HMI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:HMI Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 8,333 1,125 707 2
2020-12-31 6,480 646 580 3
2019-12-31 5,057 712 456 3
NYSE:HMI Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 3,645 708 113
2018-09-30 3,173 221
2018-06-30 2,573 125
2018-03-31 2,304 69
2017-12-31 2,049 238 46
2017-09-30 1,909 294 54
2016-12-31 1,556 17 -12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Huami's earnings are expected to grow significantly at over 20% yearly.
  • Huami's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:HMI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Huami Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:HMI Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 9.76 9.76 9.76 1.00
2019-12-31 7.78 7.78 7.78 1.00
NYSE:HMI Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 2.14
2018-09-30 5.02
2018-06-30 3.82
2018-03-31 3.06
2017-12-31 2.72
2017-09-30 3.64
2016-12-31 -0.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Huami is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Huami's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Huami has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Huami performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Huami's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Huami's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Huami's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Huami's earnings growth has exceeded the US Electronic industry average in the past year (146.1% vs 56.1%).
Earnings and Revenue History
Huami's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Huami Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:HMI Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,645.34 113.49 310.51 263.22
2018-09-30 3,173.41 220.70 264.58 223.39
2018-06-30 2,572.79 124.52 201.54 198.68
2018-03-31 2,303.71 68.94 184.03 187.16
2017-12-31 2,048.90 46.12 158.91 153.83
2017-09-30 1,909.21 54.44 158.78 142.89
2016-12-31 1,556.48 -12.12 130.47 132.30
2015-12-31 896.46 -61.25 89.15 61.55

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Huami has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Huami used its assets less efficiently than the US Electronic industry average last year based on Return on Assets.
  • Huami has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Huami's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Huami has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Huami's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Huami's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Huami is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Huami's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Huami's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 142.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Huami Company Filings, last reported 4 months ago.

NYSE:HMI Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,809.58 20.00 1,589.25
2018-09-30 1,671.02 23.19 1,305.48
2018-06-30 1,492.99 23.15 924.17
2018-03-31 1,354.84 3.12 1,131.20
2017-12-31 577.78 33.08 380.06
2017-09-30 482.70 43.00 511.64
2016-12-31 338.53 10.00 162.39
2015-12-31 251.26 0.00 219.99
  • Huami's level of debt (1.1%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Huami's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (3538%, greater than 20% of total debt).
  • Huami earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Huami's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Huami has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Huami's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Huami dividends. Estimated to be 0% next year.
If you bought $2,000 of Huami shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Huami's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Huami's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:HMI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:HMI Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31 0.00 2.00
2019-12-31 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Huami has not reported any payouts.
  • Unable to verify if Huami's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Huami's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Huami has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Huami's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Huami's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Huami afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Huami has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Huami's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Wang Huang
AGE 42
TENURE AS CEO 6.3 years
CEO Bio

Mr. Huang Wang is founder and serves as the Chairman of board of Directors and Chief Executive Officer of Huami Corp. (the “Company”) since 2013. Mr. Huang is a serial entrepreneur with significant experience and expertise in the technology and Internet sectors in China. Mr. Huang founded Anhui Huami in December 2013 to develop, manufacture and sell smart wearable devices. Prior to that, Mr. Huang founded Hefei Huaheng Electronic Technology Co., Ltd. In 2002, Mr. Huang founded Hefei Huakai Yuanheng Information Technology Co., Ltd. Mr. Huang previously was a research and development engineer at Huawei Technologies Co. Ltd. Mr. Huang has received many honors in the business world as well. To name a few, he was awarded “Anhui Economic Person of the Year 2015,” “Leading Talents of Strategic Emerging Industry Technology in Anhui” and “Hefei Youth Entrepreneurship.” Mr. Huang received his bachelor’s degree in applied physics from the University of Science and Technology of China in 1997. Mr. Huang was appointed as a Director to the Company by HHtech Holdings Limited, Haiyu Holding Limited, Fandler Holding Limited, Forest Mountain Holding Limited, Wenshui Holding Limited and Shu Hill Holdings.

CEO Compensation
  • Insufficient data for Wang to compare compensation growth.
  • Insufficient data for Wang to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Huami management team in years:

4.5
Average Tenure
44.5
Average Age
  • The tenure for the Huami management team is about average.
Management Team

Wang Huang

TITLE
Founder
AGE
42
TENURE
6.3 yrs

David Cui

TITLE
Chief Financial Officer
AGE
49
TENURE
1.8 yrs

Mike Yan Yeung

TITLE
Chief Operating Officer
AGE
47
TENURE
4.3 yrs

Zhang Grace Yujia

TITLE
Director of Investor Relations

Xiao Wu

TITLE
Compliance Officer

Pengtao Yu

TITLE
Chief Industrial Designer
AGE
36
TENURE
4.6 yrs
Board of Directors Tenure

Average tenure and age of the Huami board of directors in years:

4.1
Average Tenure
45
Average Age
  • The tenure for the Huami board of directors is about average.
Board of Directors

Wang Huang

TITLE
Founder
AGE
42
TENURE
6.3 yrs

Jimmy Y. Lai

TITLE
Independent Director
AGE
62
TENURE
1.3 yrs

Hongjiang Zhang

TITLE
Independent Director
AGE
58
TENURE
1.3 yrs

Yunfen Lu

TITLE
Director
AGE
52
TENURE
4.1 yrs

Xiaojun Zhang

TITLE
Director
AGE
46
TENURE
4.1 yrs

De Liu

TITLE
Director
AGE
44
TENURE
4.1 yrs

Bin Yue

TITLE
Director
AGE
37
TENURE
4.1 yrs

Tian Cheng

TITLE
Director
AGE
35
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Huami's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Huami has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

A Spotlight On Huami Corporation's (NYSE:HMI) Fundamentals

High growth potential with excellent balance sheet One reason why investors are attracted to HMI is its notable earnings growth potential in the near future of 40%. … This is also a good indication as to whether debt is properly covered by the company’s cash flows. … NYSE:HMI Past and Future Earnings, May 21st 2019 Next Steps: For Huami, there are three important aspects you should look at: Historical Performance: What has HMI's returns been like over the past?

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How Do Analysts See Huami Corporation (NYSE:HMI) Performing In The Next Couple Of Years?

Huami Corporation's (NYSE:HMI) most recent earnings announcement in December 2018a … suggested … business

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Should We Be Delighted With Huami Corporation's (NYSE:HMI) ROE Of 17%?

Our data shows Huami has a return on equity of 17% for the last year. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.17 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Why Huami Corporation (NYSE:HMI) Looks Like A Quality Company

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Another way to think of that is that for every $1 worth of equity in the company, it was able to earn $0.15. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Is Huami Corporation (NYSE:HMI) Attractive At This PE Ratio?

While HMI might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … I will explain what the P/E ratio is as well as what you should look out for when using it … Breaking down the P/E ratio

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What You Must Know About Huami Corporation's (NYSE:HMI) ROE

and want to learn about Return on Equity using a real-life example. … Sustainability can be gauged by a company’s financial leverage – the more debt it has, the higher ROE is pumped up in the short term, at the expense of long term interest payment burden. … Breaking down Return on Equity

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An Intrinsic Calculation For Huami Corporation (NYSE:HMI) Shows It's 27.3% Undervalued

How far off is Huami Corporation (NYSE:HMI) from its intrinsic value? … by estimating the company's future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

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Why Huami Corporation (NYSE:HMI) Is Truly A Standout Investment

I've been keeping an eye on Huami Corporation (NYSE:HMI) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe HMI has a lot to offer. … is a company with

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Company Info

Description

Huami Corporation, a biometric and activity data-driven company, develops, manufactures, and sells smart wearable technological devices in the People’s Republic of China. It operates through two segments, Xiaomi Wearable Products, and Self-Branded Products and Others. The company offers smart bands, watches, and scales; and a range of accessories, including bands, watch straps, necklaces, sportswear, etc. under the Xiaomi and Amazfit brands. It provides charts and graphs to display analysis of the activity and biometric data collected from users through its Mi Fit and Amazfit mobile apps. Huami Corporation has a strategic collaboration with Timex Group to develop smart watches; and McLaren Applied Technologies to develop co-branded intelligent, data-driven, and customized performance optimization solutions and wearable technologies. The company was founded in 2013 and is headquartered in Hefei, the People’s Republic of China.

Details
Name: Huami Corporation
HMI
Exchange: NYSE
Founded: 2013
$500,136,746
61,291,268
Website: http://www.huami.com
Address: Huami Corporation
Building H8,
No. 2800, Chuangxin Road,
Hefei,
Anhui Province, 230088,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE HMI SPONSORED ADS New York Stock Exchange US USD 08. Feb 2018
Number of employees
Current staff
Staff numbers
694
Huami employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 00:53
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/04/29
Last earnings filing: 2019/04/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.