Viomi Technology Adr Stock Return On Asset

VIOT Stock  USD 1.80  0.30  20.00%   
Viomi Technology ADR fundamentals help investors to digest information that contributes to Viomi Technology's financial success or failures. It also enables traders to predict the movement of Viomi Stock. The fundamental analysis module provides a way to measure Viomi Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Viomi Technology stock.
Return On Assets is likely to gain to -0.03 in 2024.
  
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Viomi Technology ADR Company Return On Asset Analysis

Viomi Technology's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

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Current Viomi Technology Return On Asset

    
  -0.0142  
Most of Viomi Technology's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Viomi Technology ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Viomi Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Viomi Technology is extremely important. It helps to project a fair market value of Viomi Stock properly, considering its historical fundamentals such as Return On Asset. Since Viomi Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Viomi Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Viomi Technology's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Viomi Total Assets

Total Assets

2.49 Billion

At this time, Viomi Technology's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Viomi Technology ADR has a Return On Asset of -0.0142. This is 101.3% lower than that of the Household Durables sector and significantly lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 89.86% lower than that of the firm.

Viomi Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Viomi Technology's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Viomi Technology could also be used in its relative valuation, which is a method of valuing Viomi Technology by comparing valuation metrics of similar companies.
Viomi Technology is currently under evaluation in return on asset category among its peers.

Viomi Technology Current Valuation Drivers

We derive many important indicators used in calculating different scores of Viomi Technology from analyzing Viomi Technology's financial statements. These drivers represent accounts that assess Viomi Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Viomi Technology's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.9B2.3B1.1B511.3M488.2M463.8M
Enterprise Value3.0B1.9B579.1M(77.1M)258.3M245.4M

Viomi Fundamentals

About Viomi Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Viomi Technology ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Viomi Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Viomi Technology ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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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.