GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Viomi Technology Co Ltd (NAS:VIOT) » Definitions » Net Margin %

Viomi Technology Co (Viomi Technology Co) Net Margin % : -2.50% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Viomi Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Viomi Technology Co's Net Income for the three months ended in Dec. 2023 was $-4.2 Mil. Viomi Technology Co's Revenue for the three months ended in Dec. 2023 was $166.5 Mil. Therefore, Viomi Technology Co's net margin for the quarter that ended in Dec. 2023 was -2.50%.

The historical rank and industry rank for Viomi Technology Co's Net Margin % or its related term are showing as below:

VIOT' s Net Margin % Range Over the Past 10 Years
Min: -8.52   Med: 2.77   Max: 10.68
Current: -2.5


VIOT's Net Margin % is ranked worse than
80.48% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.03 vs VIOT: -2.50

Viomi Technology Co Net Margin % Historical Data

The historical data trend for Viomi Technology Co's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Viomi Technology Co Net Margin % Chart

Viomi Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 6.29 2.98 1.67 -8.52 -3.40

Viomi Technology Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.29 -11.60 -11.68 - -2.50

Competitive Comparison of Viomi Technology Co's Net Margin %

For the Furnishings, Fixtures & Appliances subindustry, Viomi Technology Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Viomi Technology Co's Net Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Viomi Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Viomi Technology Co's Net Margin % falls into.



Viomi Technology Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Viomi Technology Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-11.859/349.204
=-3.40 %

Viomi Technology Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-4.166/166.521
=-2.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Viomi Technology Co  (NAS:VIOT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Viomi Technology Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Viomi Technology Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Viomi Technology Co (Viomi Technology Co) Business Description

Traded in Other Exchanges
N/A
Address
Xingang East Road, Wansheng Square, Room 1302 Tower C, Haizhu District, Guangdong, Guangzhou, CHN, 510220
Viomi Technology Co Ltd along with its subsidiaries provides Internet of Things (IoT) enabled smart home products through its platform. It has developed an IoT Home platform, consisting of an ecosystem of IoT Home portfolio, and home water solutions, together with a suite of complementary consumable products and small appliances and others. Its product offerings include Smart kitchen products like refrigerators, oven steamers, dishwashers, and gas stoves, Other smart products such as air conditioning systems, washing machines, water heaters, smart water kettles, interactive smart screens, and other smart devices, and Home water solutions include self-branded and Xiaomi-branded smart water purifiers.