NASDAQ : VIOT

Viomi Technology Co., Ltd — Financial statements

Consumer Discretionary · Furnishings, Fixtures & Appliances · China

Last price 1.3 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 85.73M

Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports

Financial statements

Viomi Technology Co., Ltd (VIOT) reported revenue of 1.69B CNY (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in CNY.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue1.69B2.43B2.12B1.64B1.79B5.30B
Cost of Revenue1.29B1.81B1.57B1.12B1.20B4.11B
Gross Profit401.53M615.00M548.71M522.02M594.50M1.20B
Selling, General & Admin322.70M363.80M281.98M271.96M342.80M848.74M
Research & Development172.34M165.59M142.88M148.88M209.96M311.79M
Other Operating Expenses-52.48M-42.95M-32.49M-8.89M-12.91M-27.13M
Operating Expenses442.55M486.45M392.37M411.95M539.85M1.13B
Operating Income-41.02M128.55M156.33M110.07M54.66M64.67M
Interest & Investment Income22.32M26.53M5.26M16.83M10.51M28.59M
Other Non Operating Income (Expenses)-500.00K-500.00K3.16M2.49M1.37M
EBT Excluding Unusual Items-19.20M154.59M161.60M130.06M67.65M94.63M
Pretax Income-19.20M154.59M161.60M130.06M67.65M94.63M
Income Tax Expense-13.83M12.66M16.91M13.59M-447.00K5.74M
Earnings From Continuing Operations-5.37M141.93M144.69M116.47M68.10M88.89M
Earnings From Discontinued Operations-82.34M-205.81M-350.73M
Net Income to Company-5.37M141.93M62.34M-89.33M-282.63M88.89M
Minority Interest in Earnings329.00K-285.00K1.07M4.66M7.12M-286.00K
Net Income-5.04M141.64M63.41M-84.67M-275.51M88.61M
Net Income to Common-5.04M141.64M63.41M-84.67M-275.51M88.61M
Shares Outstanding (Basic)67.53M68.00M68.26M68.80M69.45M69.85M
Shares Outstanding (Diluted)67.53M70.31M68.90M69.22M70.09M73.58M
EPS (Basic)-0.072.080.93-1.23-3.971.27
EPS (Diluted)-0.072.010.90-1.29-4.041.20
Free Cash Flow-173.57M113.47M687.42M-206.60M-434.55M209.52M
Free Cash Flow Per Share-2.571.619.98-2.98-6.202.85
Gross Margin23.75%25.33%25.90%31.86%33.21%22.59%
Operating Margin-2.43%5.29%7.38%6.72%3.05%1.22%
Profit Margin-0.30%5.83%2.99%-5.17%-15.39%1.67%
Free Cash Flow Margin-10.27%4.67%32.44%-12.61%-24.27%3.95%
EBITDA7.68M170.68M185.31M147.01M94.71M136.82M
EBITDA Margin0.45%7.03%8.74%8.97%5.29%2.58%
D&A For EBITDA48.70M42.13M28.98M36.94M40.05M72.15M
EBIT-41.02M128.55M156.33M110.07M54.66M64.67M
EBIT Margin-2.43%5.29%7.38%6.72%3.05%1.22%
Effective Tax Rate8.19%10.47%10.45%6.07%
Revenue as Reported1.69B2.43B2.12B1.64B1.79B5.30B

Balance sheet

Fiscal year January - December; amounts in CNY.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents603.79M806.60M1.03B206.41M737.14M586.96M
Short-Term Investments400.05M340.55M187.51M195.77M368.60M878.87M
Cash & Short-Term Investments1.00B1.15B1.21B402.18M1.11B1.47B
Accounts Receivable416.93M364.71M615.33M41.20M602.15M623.27M
Other Receivables537.00K200.00K11.23M100.00K25.02M88.37M
Receivables417.47M364.91M626.56M41.30M627.17M711.64M
Inventory116.36M126.88M112.33M157.30M502.29M576.35M
Prepaid Expenses99.36M157.10M71.36M101.32M183.71M156.13M
Restricted Cash153.34M164.43M141.29M18.92M76.07M35.83M
Other Current Assets1.56B
Total Current Assets1.79B1.96B2.17B2.28B2.49B2.95B
Property, Plant & Equipment312.05M307.08M318.69M312.19M251.08M164.42M
Long-Term Investments36.30M12.95M7.59M3.54M
Other Intangible Assets61.63M62.89M66.43M70.08M74.12M73.90M
Long-Term Deferred Tax Assets21.74M8.41M9.70M4.92M12.66M35.30M
Other Long-Term Assets35.15M39.16M18.05M80.96M52.86M57.32M
Total Assets2.26B2.39B2.59B2.75B2.89B3.28B
Accounts Payable476.60M518.47M772.99M317.45M851.30M1.07B
Accrued Expenses138.85M157.04M168.13M174.26M313.15M367.60M
Short-Term Debt50.00M40.00M50.00M
Current Portion of Long-Term Debt24.96M25.06M29.30M740.99M20.21M
Current Portion of Leases453.00K1.31M2.04M2.39M7.23M11.31M
Current Income Taxes Payable5.26M1.44M9.74M1.65M16.67M43.34M
Other Current Liabilities12.28M10.15M11.54M29.83M118.37M99.63M
Total Current Liabilities708.41M753.48M1.04B1.27B1.33B1.59B
Long-Term Debt39.19M51.67M75.94M128.70M114.55M16.11M
Long-Term Leases237.00K421.00K1.78M2.71M6.79M7.60M
Other Long-Term Liabilities51.11M53.12M14.49M12.77M8.24M7.56M
Total Liabilities798.94M858.68M1.14B1.41B1.46B1.63B
Common Stock12.00K12.00K12.00K12.00K12.00K12.00K
Additional Paid-In Capital1.42B1.41B1.37B1.35B1.36B1.34B
Retained Earnings169.76M226.32M153.12M89.71M174.38M449.90M
Treasury Stock-112.53M-103.08M-85.43M-81.14M-74.70M-66.67M
Comprehensive Income & Other-25.20M-11.08M2.28M-14.33M-24.34M-73.12M
Total Common Equity1.45B1.53B1.44B1.35B1.43B1.65B
Minority Interest5.12M5.60M5.32M-4.25M-3.59M3.52M
Shareholders' Equity1.46B1.53B1.45B1.34B1.43B1.65B
Total Liabilities & Equity2.26B2.39B2.59B2.75B2.89B3.28B
Total Debt114.84M118.46M159.06M874.79M148.79M35.01M
Net Cash (Debt)889.01M1.03B1.05B-472.61M956.95M1.43B
Net Cash Per Share13.1614.6315.31-6.8313.6519.45
Filing Date Shares Outstanding65.95M67.32M67.96M68.23M69.10M64.95M
Total Common Shares Outstanding65.95M67.32M67.94M68.22M69.13M67.50M
Working Capital1.08B1.21B1.12B1.02B1.17B1.35B
Book Value Per Share22.0422.6821.2619.7620.7324.41
Tangible Book Value1.39B1.46B1.38B1.28B1.36B1.57B
Tangible Book Value Per Share21.1021.7420.2818.7319.6523.31
Buildings258.91M258.91M258.91M258.91M
Machinery200.49M175.03M143.16M147.02M266.84M186.28M
Construction In Progress7.34M166.48M76.44M

Cash flow statement

Fiscal year January - December; amounts in CNY.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income-5.04M141.64M63.41M-84.67M-275.51M88.61M
Depreciation & Amortization42.13M42.13M28.98M36.94M40.05M72.15M
Loss (Gain) From Sale of Assets1.40M1.40M364.00K1.38M78.00K
Loss (Gain) From Sale of Investments10.19M10.19M-50.00K462.00K-1.37M
Stock-Based Compensation14.08M14.08M16.45M106.00K19.56M47.41M
Provision & Write-off of Bad Debts-1.29M-1.29M-4.36M1.24M7.97M25.54M
Other Operating Activities-123.67M4.27M-16.15M6.75M-12.24M-12.73M
Change in Accounts Receivable251.91M251.91M-569.77M7.31M5.33M387.57M
Change in Inventory-14.94M-14.94M55.06M13.84M47.29M-145.08M
Change in Accounts Payable-254.27M-254.27M454.70M-148.74M-56.93M67.74M
Change in Income Taxes-8.38M-8.38M8.09M1.12M-26.14M-7.62M
Change in Other Net Operating Assets-32.09M-32.09M461.93M-227.00K34.51M-213.24M
Operating Cash Flow-119.98M154.64M716.03M-103.23M-284.17M308.97M
Capital Expenditures-53.59M-41.16M-28.61M-103.37M-150.38M-99.45M
Sale of Property, Plant & Equipment400.00K420.00K416.00K898.00K12.00K
Sale (Purchase) of Intangibles-274.00K-330.00K-653.00K-4.56M-6.73M
Investment in Securities19.08M-191.62M10.44M-187.41M740.00K-155.15M
Other Investing Activities-800.00K-175.00K-147.15M91.61M468.74M-3.99M
Investing Cash Flow-35.18M-232.86M-164.89M-198.93M314.55M-265.32M
Short-Term Debt Issued118.66M16.11M
Long-Term Debt Issued41.12M58.51M49.09M
Total Debt Issued50.00M41.12M58.51M49.09M118.66M16.11M
Long-Term Debt Repaid-79.64M-60.00M-27.13M
Total Debt Repaid-67.40M-79.64M-60.00M-27.13M
Net Debt Issued (Repaid)-17.40M-38.52M-1.49M21.96M118.66M16.11M
Issuance of Common Stock180.00K344.00K110.00K19.00K2.94M12.92M
Repurchase of Common Stock-27.10M-17.66M-4.28M-6.44M-8.04M-12.07M
Common Dividends Paid-72.22M-41.96M
Other Financing Activities1.00K-7.73M-29.00M100.11M175.00K
Financing Cash Flow-116.54M-105.52M-34.66M115.66M113.56M17.13M
Foreign Exchange Rate Adjustments-20.93M-12.70M14.65M9.64M46.48M-12.70M
Net Cash Flow-292.63M-196.45M531.12M-176.85M190.42M48.08M
Free Cash Flow-173.57M113.47M687.42M-206.60M-434.55M209.52M
Free Cash Flow Margin-10.27%4.67%32.44%-12.61%-24.27%3.95%
Free Cash Flow Per Share-2.571.619.98-2.98-6.202.85
Levered Free Cash Flow-64.10M-41.99M1.48B-1.27B-254.18M256.34M
Unlevered Free Cash Flow-64.10M-41.99M1.48B-1.27B-254.18M256.34M
Cash Interest Paid5.97M5.97M5.73M5.64M3.36M
Cash Income Tax Paid20.66M20.66M2.23M187.00K26.71M34.45M
Change in Working Capital-57.78M-57.78M410.00M-126.69M4.06M89.36M

Ratios

Fiscal year January - December; amounts in CNY.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization85.73M125.05M99.62M69.10M74.17M163.14M
Enterprise Value-45.14M-22.11M2.98M-35.73M-63.69M-41.75M
Last Close Price1.301.741.350.930.992.24
PE Ratio6.1711.4711.70
Forward PE4.0913.902.642.644.58
PS Ratio0.340.360.340.300.290.20
PB Ratio0.400.570.500.360.360.63
P/TBV Ratio0.420.600.530.380.380.66
P/FCF Ratio7.711.064.95
P/OCF Ratio5.661.023.35
PEG Ratio0.20
EV/Sales Ratio0.01
EV/EBITDA Ratio0.12
EV/EBIT Ratio0.14
EV/FCF Ratio0.03
Debt / Equity Ratio0.080.080.110.650.100.02
Debt / EBITDA Ratio11.180.680.845.801.400.23
Debt / FCF Ratio1.040.230.17
Net Debt / Equity Ratio-0.61-0.67-0.730.35-0.67-0.87
Net Debt / EBITDA Ratio-115.81-6.03-5.693.21-10.10-10.46
Net Debt / FCF Ratio5.12-9.06-1.53-2.292.20-6.83
Asset Turnover0.650.980.790.580.581.64
Inventory Turnover11.1715.1611.653.392.228.08
Quick Ratio2.012.011.760.351.311.37
Current Ratio2.532.602.081.801.881.85
Return on Equity (ROE)-0.36%9.52%10.36%8.40%4.42%5.59%
Return on Assets (ROA)-0.99%3.23%3.66%2.44%1.11%1.25%
Return on Invested Capital (ROIC)-7.21%26.27%12.66%8.61%15.79%21.64%
Return on Capital Employed (ROCE)-2.60%7.90%10.10%7.40%3.50%3.80%
Earnings Yield-0.84%16.19%8.72%-17.28%-53.86%8.55%
FCF Yield-30.41%12.97%94.54%-42.16%-84.94%20.22%
Payout Ratio29.62%
Buyback Yield / Dilution2.02%-2.05%0.47%1.24%4.74%-2.37%