Viomi Retained Earnings vs Cash Analysis

VIOT Stock

USD 1.39 0.09 6.08%

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 Retained Earnings and its Cash 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viomi Technology ADR Retained Earnings account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Viomi Technology's Retained Earnings and Cash is 0.69. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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 Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Viomi Technology ADR are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Viomi Technology's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Viomi Technology ADR, which is listed under current asset account on Viomi Technology ADR balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Viomi Technology customers. The amounts must be unrestricted with restricted cash listed in a different Viomi Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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		0.45	0.49	0.5	-0.55	0.54	0.92	0.6	-0.01	0.36	0.44	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	0.45		0.99	0.97	-0.94	0.94	0.66	0.94	-0.66	0.97	0.98	0.79	0.76	0.79	0.81	0.95	0.97	-0.94	0.32	0.92	0.96	0.84	0.94	0.99	0.55
Total Current Liabilities	1.0	0.49	0.99		0.99	-0.95	0.96	0.69	0.96	-0.69	0.96	1.0	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	0.97	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	0.94	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	0.66	0.69	0.72	-0.72	0.74		0.78	-0.14	0.63	0.65	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	0.94	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	-0.66	-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	0.97	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	0.44	0.98	1.0	0.98	-0.94	0.94	0.65	0.93	-0.72	0.97		0.84	0.74	0.77	0.79	0.98	0.95	-0.94	0.26	0.92	0.97	0.81	0.94	0.99	0.53
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	0.76	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	0.79	0.8	0.82	-0.74	0.84	0.84	0.83	-0.22	0.83	0.77	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	0.81	0.82	0.84	-0.8	0.83	0.93	0.85	-0.23	0.82	0.79	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	0.97	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	0.84	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	0.55	0.58	0.61	-0.63	0.63	0.98	0.69	-0.02	0.5	0.53	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

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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	302.2M	302.8M
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	674.5M	762.5M
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

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