Viomi Current Deferred Revenue vs Property Plant Equipment Analysis

VIOT Stock

USD 1.67 0.13 7.22%

Viomi Technology financial indicator trend analysis is much more than just breaking down Viomi Technology ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viomi Technology ADR is a good investment. Please check the relationship between Viomi Technology Current Deferred Revenue and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viomi Technology ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Current Deferred Revenue vs Property Plant Equipment

Current Deferred Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viomi Technology ADR Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Viomi Technology's Current Deferred Revenue and Property Plant Equipment is 0.86. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Viomi Technology ADR, assuming nothing else is changed. The correlation between historical values of Viomi Technology's Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Viomi Technology ADR are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., Viomi Technology's Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant Equipment

Most indicators from Viomi Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viomi Technology ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viomi Technology ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Selling General Administrative is likely to gain to about 83.7 M in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	737.1M	569.5M	789.7M
Total Revenue	5.3B	3.2B	2.5B	3.5B

Gross Profit Total Revenue

Viomi Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.51	0.98	1.0	1.0	-0.97	0.98	0.72	0.98	-0.69	0.96	0.99	0.83	0.81	0.83	0.84	0.98	0.93	-0.97	0.29	0.96	0.99	0.87	0.98	1.0	0.61
Short Long Term Debt Total	0.51		0.47	0.49	0.5	-0.55	0.54	0.92	0.6	-0.01	0.36	0.43	0.4	0.83	0.63	0.73	0.43	0.4	-0.55	0.31	0.63	0.53	0.62	0.52	0.53	0.95
Other Current Liab	0.98	0.47		0.99	0.98	-0.94	0.95	0.67	0.95	-0.65	0.96	0.98	0.79	0.77	0.8	0.82	0.95	0.96	-0.94	0.32	0.92	0.96	0.85	0.94	0.99	0.57
Total Current Liabilities	1.0	0.49	0.99		0.99	-0.95	0.96	0.69	0.96	-0.69	0.96	0.99	0.83	0.78	0.8	0.82	0.97	0.95	-0.95	0.29	0.94	0.98	0.84	0.95	1.0	0.58
Total Stockholder Equity	1.0	0.5	0.98	0.99		-0.98	0.98	0.72	0.98	-0.7	0.95	0.98	0.84	0.8	0.82	0.84	0.98	0.91	-0.98	0.29	0.97	0.99	0.87	0.99	0.99	0.61
Other Liab	-0.97	-0.55	-0.94	-0.95	-0.98		-0.97	-0.72	-0.98	0.75	-0.87	-0.94	-0.91	-0.78	-0.74	-0.8	-0.98	-0.89	1.0	-0.2	-0.99	-0.94	-0.79	-0.99	-0.96	-0.63
Net Tangible Assets	0.98	0.54	0.95	0.96	0.98	-0.97		0.74	0.99	-0.69	0.9	0.94	0.83	0.81	0.84	0.83	0.95	0.87	-0.97	0.28	0.96	0.97	0.88	0.99	0.97	0.63
Property Plant And Equipment Net	0.72	0.92	0.67	0.69	0.72	-0.72	0.74		0.78	-0.14	0.63	0.64	0.49	0.98	0.84	0.93	0.63	0.55	-0.73	0.34	0.79	0.76	0.84	0.71	0.72	0.98
Current Deferred Revenue	0.98	0.6	0.95	0.96	0.98	-0.98	0.99	0.78		-0.66	0.88	0.93	0.84	0.83	0.83	0.85	0.94	0.89	-0.98	0.22	0.97	0.96	0.88	0.98	0.97	0.69
Net Debt	-0.69	-0.01	-0.65	-0.69	-0.7	0.75	-0.69	-0.14	-0.66		-0.59	-0.72	-0.92	-0.2	-0.22	-0.23	-0.79	-0.72	0.74	0.12	-0.68	-0.62	-0.3	-0.75	-0.67	-0.02
Retained Earnings	0.96	0.36	0.96	0.96	0.95	-0.87	0.9	0.63	0.88	-0.59		0.97	0.69	0.75	0.83	0.82	0.93	0.89	-0.88	0.36	0.85	0.96	0.86	0.89	0.96	0.5
Accounts Payable	0.99	0.43	0.98	0.99	0.98	-0.94	0.94	0.64	0.93	-0.72	0.97		0.84	0.74	0.76	0.78	0.98	0.95	-0.94	0.26	0.92	0.97	0.81	0.94	0.99	0.52
Cash	0.83	0.4	0.79	0.83	0.84	-0.91	0.83	0.49	0.84	-0.92	0.69	0.84		0.52	0.44	0.51	0.9	0.83	-0.9	-0.01	0.88	0.78	0.5	0.89	0.82	0.4
Non Current Assets Total	0.81	0.83	0.77	0.78	0.8	-0.78	0.81	0.98	0.83	-0.2	0.75	0.74	0.52		0.92	0.99	0.72	0.63	-0.79	0.38	0.83	0.85	0.92	0.78	0.8	0.92
Non Currrent Assets Other	0.83	0.63	0.8	0.8	0.82	-0.74	0.84	0.84	0.83	-0.22	0.83	0.76	0.44	0.92		0.94	0.72	0.63	-0.75	0.46	0.76	0.88	0.99	0.77	0.82	0.76
Other Assets	0.84	0.73	0.82	0.82	0.84	-0.8	0.83	0.93	0.85	-0.23	0.82	0.78	0.51	0.99	0.94		0.76	0.67	-0.81	0.4	0.84	0.88	0.95	0.81	0.84	0.86
Cash And Short Term Investments	0.98	0.43	0.95	0.97	0.98	-0.98	0.95	0.63	0.94	-0.79	0.93	0.98	0.9	0.72	0.72	0.76		0.92	-0.98	0.22	0.95	0.96	0.77	0.97	0.97	0.52
Net Receivables	0.93	0.4	0.96	0.95	0.91	-0.89	0.87	0.55	0.89	-0.72	0.89	0.95	0.83	0.63	0.63	0.67	0.92		-0.89	0.21	0.87	0.87	0.69	0.88	0.94	0.45
Common Stock Total Equity	-0.97	-0.55	-0.94	-0.95	-0.98	1.0	-0.97	-0.73	-0.98	0.74	-0.88	-0.94	-0.9	-0.79	-0.75	-0.81	-0.98	-0.89		-0.2	-0.99	-0.95	-0.8	-1.0	-0.96	-0.64
Common Stock Shares Outstanding	0.29	0.31	0.32	0.29	0.29	-0.2	0.28	0.34	0.22	0.12	0.36	0.26	-0.01	0.38	0.46	0.4	0.22	0.21	-0.2		0.23	0.36	0.45	0.24	0.3	0.28
Capital Surpluse	0.96	0.63	0.92	0.94	0.97	-0.99	0.96	0.79	0.97	-0.68	0.85	0.92	0.88	0.83	0.76	0.84	0.95	0.87	-0.99	0.23		0.93	0.81	0.98	0.94	0.71
Inventory	0.99	0.53	0.96	0.98	0.99	-0.94	0.97	0.76	0.96	-0.62	0.96	0.97	0.78	0.85	0.88	0.88	0.96	0.87	-0.95	0.36	0.93		0.91	0.96	0.98	0.64
Other Current Assets	0.87	0.62	0.85	0.84	0.87	-0.79	0.88	0.84	0.88	-0.3	0.86	0.81	0.5	0.92	0.99	0.95	0.77	0.69	-0.8	0.45	0.81	0.91		0.82	0.87	0.74
Other Stockholder Equity	0.98	0.52	0.94	0.95	0.99	-0.99	0.99	0.71	0.98	-0.75	0.89	0.94	0.89	0.78	0.77	0.81	0.97	0.88	-1.0	0.24	0.98	0.96	0.82		0.96	0.61
Total Liab	1.0	0.53	0.99	1.0	0.99	-0.96	0.97	0.72	0.97	-0.67	0.96	0.99	0.82	0.8	0.82	0.84	0.97	0.94	-0.96	0.3	0.94	0.98	0.87	0.96		0.61
Property Plant And Equipment Gross	0.61	0.95	0.57	0.58	0.61	-0.63	0.63	0.98	0.69	-0.02	0.5	0.52	0.4	0.92	0.76	0.86	0.52	0.45	-0.64	0.28	0.71	0.64	0.74	0.61	0.61

Click cells to compare fundamentals

Viomi Technology Account Relationship Matchups

Viomi Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.0B	3.2B	3.3B	3.0B	2.8B	2.5B
Short Long Term Debt Total	116.3M	21.2M	35.0M	148.8M	261.9M	274.9M
Other Current Liab	383.7M	459.7M	371.1M	320.4M	320.7M	305.3M
Total Current Liabilities	1.6B	1.6B	1.6B	1.4B	1.3B	1.2B
Total Stockholder Equity	1.4B	1.5B	1.6B	1.4B	1.3B	1.2B
Other Liab	518K	1.8M	3.4M	7.6M	6.8M	6.5M
Net Tangible Assets	1.1B	1.4B	1.5B	1.6B	1.8B	919.2M
Property Plant And Equipment Net	87.1M	93.0M	164.4M	251.1M	348.0M	365.4M
Current Deferred Revenue	103.2M	112.6M	100.1M	118.4M	131.3M	94.4M
Net Debt	(856.2M)	(482.9M)	(551.9M)	(588.3M)	(229.9M)	(241.4M)
Retained Earnings	195.6M	363.1M	449.9M	174.4M	89.7M	105.6M
Accounts Payable	1.0B	1.0B	1.1B	844.1M	666.3M	761.4M
Cash	972.4M	504.1M	587.0M	737.1M	491.7M	642.1M
Non Current Assets Total	114.9M	247.6M	330.9M	390.7M	471.7M	495.3M
Non Currrent Assets Other	11.2M	19.8M	27.3M	22.9M	29.8M	17.4M
Other Assets	8.9M	23.4M	84.0M	92.6M	106.5M	111.8M
Cash And Short Term Investments	1.3B	1.2B	1.5B	1.1B	957.9M	1.0B
Net Receivables	1.0B	1.0B	623.3M	602.1M	551.0M	652.0M
Common Stock Shares Outstanding	72.0M	71.9M	73.6M	69.3M	68.8M	62.3M
Short Term Investments	376.2M	706.1M	878.9M	368.6M	466.2M	407.7M
Liabilities And Stockholders Equity	3.0B	3.2B	3.3B	3.0B	2.8B	2.5B
Non Current Liabilities Total	15.2M	15.1M	31.3M	129.6M	144.2M	151.4M
Capital Lease Obligations	20.4M	21.2M	18.9M	14.0M	5.1M	4.9M
Inventory	418.0M	439.4M	576.4M	502.3M	442.2M	369.2M
Other Current Assets	92.9M	245.9M	280.3M	284.8M	331.5M	172.3M
Other Stockholder Equity	1.2B	1.2B	1.3B	1.3B	1.3B	1.0B
Total Liab	1.6B	1.6B	1.6B	1.5B	1.4B	1.3B
Property Plant And Equipment Gross	87.1M	93.0M	164.4M	251.1M	560.6M	588.6M
Total Current Assets	2.9B	2.9B	2.9B	2.6B	2.3B	2.3B
Accumulated Other Comprehensive Income	(19.1M)	(59.4M)	(73.1M)	(24.3M)	(14.3M)	(15.0M)
Non Current Liabilities Other	1.8M	3.4M	7.6M	8.2M	12.8M	13.4M
Short Term Debt	102.9M	9.5M	11.3M	27.4M	130.4M	137.0M
Intangible Assets	4.4M	70.7M	73.9M	74.1M	70.1M	40.3M
Property Plant Equipment	11.3M	87.1M	93.0M	164.4M	189.1M	198.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Viomi Stock Analysis

When running Viomi Technology's price analysis, check to measure Viomi Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Viomi Technology is operating at the current time. Most of Viomi Technology's value examination focuses on studying past and present price action to predict the probability of Viomi Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viomi Technology's price. Additionally, you may evaluate how the addition of Viomi Technology to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC