VIOT (Viomi Technology Co) Net-Net Working Capital: $1.31 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VIOT Viomi Technology Co Ltd VIOT
60 GF Score
Price $0.77
GF Value $1.34
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Viomi Technology Co Net-Net Working Capital?

Viomi Technology Co VIOT -0.04% 60 Net-Net Working Capital is $1.31 as of Dec. 2025. GuruFocus rates VIOT with a GF Score™ of 60/100 and a GF Value™ of $1.34 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 177 Furnishings, Fixtures & Appliances companies, Viomi Technology Co ranks better than 98.31% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Viomi Technology Co's Net-Net Working Capital for the quarter that ended in Dec. 2025 was $1.31.

The industry rank for Viomi Technology Co's Net-Net Working Capital or its related term are showing as below:

VIOT's Price-to-Net-Net-Working-Capital is ranked better than
98.31% of 177 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 7.34 vs VIOT: 0.59

Viomi Technology Co  (NAS:VIOT) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Viomi Technology Co Net-Net Working Capital Related Terms


Viomi Technology Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Viomi Technology Co's Net-Net Working Capital 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.

Viomi Technology Co Net-Net Working Capital Chart

Viomi Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.74 -1.84 1.19 1.31

Viomi Technology Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.84 0.34 1.19 0.99 1.31

VIOT vs PRPL, CRWS, EFOI: Net-Net Working Capital Comparison

For the Furnishings, Fixtures & Appliances subindustry, Viomi Technology Co's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Viomi Technology Co Price-to-Net-Net-Working-Capital vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Viomi Technology Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Viomi Technology Co's Price-to-Net-Net-Working-Capital falls into.


VIOT
60GF Score
Viomi Technology Co Ltd VIOT
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viomi Technology Co Net-Net Working Capital Calculation

Viomi Technology Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(162.873+0.75 * 51.782+0.5 * 18.014-121.917
-0-0.795)/67.322
=1.31

Viomi Technology Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2025 is calculated as

Net-Net Working Capital(Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(162.873+0.75 * 51.782+0.5 * 18.014-121.917
-0-0.795)/67.322
=1.31

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of $1.31 mean?
Viomi Technology Co (VIOT) has a Net-Net Working Capital of $1.31 as of Dec. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Viomi Technology Co According to the industry distribution chart, Viomi Technology Co ranks #3 out of 177 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 1.7%.
Is Viomi Technology Co's Net-Net Working Capital too high?
Viomi Technology Co's current Net-Net Working Capital is $1.31. The Furnishings, Fixtures & Appliances industry median Net-Net Working Capital is 7.34. Viomi Technology Co's value of $1.31 is 82.2% below this industry median. Based on the distribution chart, Viomi Technology Co ranks #3 out of 177 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Viomi Technology Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viomi Technology Co's Net-Net Working Capital compare to PRPL and CRWS?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Viomi Technology Co ranks #3 out of 177 companies for Net-Net Working Capital. This places Viomi Technology Co in the top 2% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.34. Viomi Technology Co's value of $1.31 is 82.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Furnishings, Fixtures & Appliances company?
The median Net-Net Working Capital among Furnishings, Fixtures & Appliances companies is 7.34, based on 177 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viomi Technology Co's current Net-Net Working Capital of $1.31 is 82.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Viomi Technology Co For the Furnishings, Fixtures & Appliances industry, the median Net-Net Working Capital is 7.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viomi Technology Co's current Net-Net Working Capital is $1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viomi Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Viomi Technology Co (VIOT) is currently considered Possible Value Trap. The stock's GF Value™ is $1.34, compared to a current price of $0.77 — trading 42.5% below its estimated fair value. The current Net-Net Working Capital is $1.31 and 82.2% below the Furnishings, Fixtures & Appliances industry median of 7.34. Viomi Technology Co's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Viomi Technology Co (VIOT), the current Net-Net Working Capital is $1.31 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Viomi Technology Co (VIOT) Overvalued in 2026?

Based on GuruFocus' analysis, Viomi Technology Co stock appears to be undervalued. The current stock price of $0.77 is trading 42.5% below its estimated GF Value™ of $1.34. GuruFocus considers Viomi Technology Co to be Possible Value Trap.

Key valuation signals for VIOT:

  • Net-Net Working Capital: $1.31
  • GF Value™: $1.34 vs. price of $0.77 (42.5% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 82.2% below the Furnishings, Fixtures & Appliances median (#3 of 177)

No single metric tells the full story. See the VIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viomi Technology Co Business Description

Address Xingang East Road, Wansheng Square, Room 1302 Tower C, Haizhu District, Guangdong, Guangzhou, CHN, 510220
Viomi Technology Co Ltd, along with its subsidiaries, specializes in the development and sale of Internet-of-Things-enabled smart home products, particularly focusing on home water solutions. The company markets its products in China and generates the majority of its revenue through the sale of smart water purification systems and other connected home devices designed to improve convenience and automation in residential settings. Its product offerings include water purification products, water heaters, smart water kettles, electric kettles, water filters, range hoods, gas stoves, and other small appliances.
60GF Score

Get the complete analysis for VIOT

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.77
Price
$1.34
GF Value