VIOT Viomi Technology Co., Ltd

Overview and Growth

Viomi Technology Co., Ltd generated $347.23M of revenue in fiscal 2025, with net income of $20.26M and an operating cash inflow of $22.11M. Revenue of $347.23M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $290.30M in fiscal 2024, revenue recorded a 19.6% year-over-year increase. On a per-share basis, diluted EPS was $0.10, which connects the reported earnings outcome with the company’s diluted share count. The per-share result recorded a 150.0% increase from fiscal 2024 diluted EPS of $0.04. The revenue-to-assets relationship was 1.02x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $87.94M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross margin was 25.3%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operating income was $18.38M, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 5.3%, showing the portion of revenue preserved after the full set of operating costs. After all reported below-operating-line items, the company recorded net income of $20.26M for the fiscal year. Net margin was 5.8%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $22.11M of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 6.4%, adding a pre-tax profitability layer between revenue and net income. The company recognized $1.81M of income tax for the period, completing the transition from pretax income to net income. The effective relationship between income tax and positive pretax income was 8.2%, without assuming a statutory-rate comparison.

Liquidity and Capital Structure

Total assets were $341.90M, supported by $122.79M of liabilities and $219.11M of shareholder equity. At period end, current assets of $280.35M compared with current liabilities of $107.75M, defining the company’s short-term resource position. The current ratio was 2.6x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $115.34M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 107.0%, excluding receivables and other current assets. The company carried $10.97M of total debt at period end, which frames its leverage and debt-service burden. The debt-to-equity relationship was 0.05x, showing how much debt the company carried for each unit of book equity. Relative to total assets, debt measured 3.2%, showing how much of the asset base was matched by borrowing. The liabilities-to-assets relationship was 35.9%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 33.7%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $22.11M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Operating cash flow equaled 1.09x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $5.89M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 26.6%, connecting investment intensity with the company’s cash-generation base. After capital spending, free cash flow was $16.23M, leaving cash available for debt reduction, shareholder returns, or further investment. Relative to revenue, free cash flow equaled 4.7%, showing how much sales converted into cash after investment. Measured against total assets, free cash flow represented 4.7%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.