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Viomi Technology Co. Ltd. (China)

Main Activities: Other Schools and Instruction
Full name: Viomi Technology Co. Ltd. Profile Updated: July 06, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People s Republic of China.
The Company has developed a unique IoT @ Home platform, consisting of an ecosystem of innovative IoT-enabled smart home products, or IoT products, together with a suite of complementary consumable products and value-added businesses. This platform provides an attractive entry point into the consumer home, enabling consumers to intelligently interact with a broad portfolio of IoT products in an intuitive and human-like manner to make daily life more convenient, efficient and enjoyable, while allowing its to grow its household user base and capture various additional scenario-driven consumption events in the home environment.
The Company has only one operating segment. The Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in the PRC and earns a majority of the revenues from external customers attributed to the PRC.
HISTORY
2014 The Company commenced its operations in May 2014 through Foshan Yunmi Electric Appliances Technology Co., Ltd.
2015 The Company was incorporated under the Laws of the Cayman Islands in January 2015.
2018 On September 25, 2018, the Company s ADSs commenced trading on the Nasdaq Stock Market under the symbol “VIOT.”
2019 In December 2019, the Company established Yunmi Hulian Technology (Guangdong) Co., Ltd. (“Yunmi Hulian”) as a wholly owned subsidiary of Viomi HK to act as a holding company for future business and investment opportunities.
2020 In October 2020, Codream HK Co., Limited (Hong Kong) (“Codream HK”), one of the Company's subsidiaries, established Zhumeng Hulian Technology (Guangdong) Co. Ltd. (“Zhumeng Hulian”) as a wholly owned subsidiary of the Company.

Headquarters
Wansheng Square, Rm 1302 Tower C, Xingang East Road, Haizhu District
Guangzhou; Guangdong; Postal Code: 510220

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Website: http://ir.viomi.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2014
Key Executives
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Chairman
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Director/Member of the Board
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Outside Director
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Outside Director
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Outside Director
Ownership Details
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15.7%
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1.3%
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1.1%
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0.16%
Subsidiaries
Beijing Yunmi Technology Co., Ltd
Foshan Discovery Electrical Technology Co., Ltd.
Foshan Xiaoxian Electrical Technology Co., Ltd.
Company Performance
Financial values in the chart are available after Viomi Technology Co. Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-20.26%
Total operating revenue
-19.08%
Operating profit (EBIT)
79.83%
Net Profit (Loss) for the Period
N/A
Total assets
-5.29%
Total equity
-1.61%
Operating Profit Margin (ROS)
3.8%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-2.68%
Quick Ratio
0.03%
Cash Ratio
0.04%

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