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Viomi Technology Co (Viomi Technology Co) Operating Margin % : -4.29% (As of Dec. 2023)


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What is Viomi Technology Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Viomi Technology Co's Operating Income for the three months ended in Dec. 2023 was $-7.1 Mil. Viomi Technology Co's Revenue for the three months ended in Dec. 2023 was $166.5 Mil. Therefore, Viomi Technology Co's Operating Margin % for the quarter that ended in Dec. 2023 was -4.29%.

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

VIOT' s Operating Margin % Range Over the Past 10 Years
Min: -8.58   Med: 3.11   Max: 11.83
Current: -4.29


VIOT's Operating Margin % is ranked worse than
84.12% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.36 vs VIOT: -4.29

Viomi Technology Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Viomi Technology Co's Operating Income for the three months ended in Dec. 2023 was $-7.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.1 Mil.


Viomi Technology Co Operating Margin % Historical Data

The historical data trend for Viomi Technology Co's Operating 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 Operating Margin % Chart

Viomi Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 5.92 3.16 1.22 -8.58 -4.78

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
Operating 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 -6.02 -14.17 -6.51 - -4.29

Competitive Comparison of Viomi Technology Co's Operating Margin %

For the Furnishings, Fixtures & Appliances subindustry, Viomi Technology Co's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Viomi Technology Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-16.688 / 349.204
=-4.78 %

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

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-7.136 / 166.521
=-4.29 %

* 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) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Viomi Technology Co Operating Margin % Related Terms

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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.