Viomi Technology Co (Viomi Technology Co) Total Assets : $385.8 Mil (As of Dec. 2023)

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

What is Viomi Technology Co Total Assets?

Viomi Technology Co's Total Assets for the quarter that ended in Dec. 2023 was $385.8 Mil.

During the past 12 months, Viomi Technology Co's average Total Assets Growth Rate was -1.50% per year. During the past 3 years, the average Total Assets Growth Rate was -5.80% per year. During the past 5 years, the average Total Assets Growth Rate was 11.90% per year.

During the past 8 years, Viomi Technology Co's highest 3-Year average Total Assets Growth Rate was 136.40%. The lowest was -5.80%. And the median was 34.00%.

Total Assets is connected with ROA %. Viomi Technology Co's annualized ROA % for the quarter that ended in Dec. 2023 was -4.20%. Total Assets is also linked to Revenue through Asset Turnover. Viomi Technology Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.42.

Viomi Technology Co Total Assets Historical Data

The historical data trend for Viomi Technology Co's Total Assets 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 Total Assets Chart

Viomi Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

430.94

486.22

514.45

413.92

385.76

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
Total Assets	Get a 7-Day Free Trial															450.58	418.78	413.92	406.87	385.76

Viomi Technology Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	188.179	+	197.579
	=	385.8

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

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	188.179	+	197.579
	=	385.8

Viomi Technology Co (NAS:VIOT) Total Assets Explanation

Total Assets is connected with ROA %.

Viomi Technology Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-16.664	/	( (406.868	+	385.758)	/ 2 )
	=	-16.664	/	396.313
	=	-4.20 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Viomi Technology Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	166.521	/	( (406.868	+	385.758)	/ 2 )
=	166.521	/	396.313
=	0.42

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Viomi Technology Co Total Assets Related Terms

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

Viomi Technology Co (Viomi Technology Co) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xingang East Road, Wansheng Square, Room 1302 Tower C, Haizhu District, Guangdong, Guangzhou, CHN, 510220

Website

https://www.viomi.com.cn

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.