Is Viomi Technology Co., Ltd (VIOT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2023
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 185.1% / 30% | 460.0% / 30% | 47.2% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 185.1% / 33% | 460.0% / 33% | 47.2% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 5.9% / 33% | 14.6% / 33% | 1.5% / 33% | N/A | ✓ HALAL |
| S&P | 185.1% / 33% | 460.0% / 33% | 47.2% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 5.9% / 33% | 14.6% / 33% | 1.5% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 25.3% | |
| Operating Margin | 1.0% | |
| Net Margin | 5.8% | |
| Return on Equity (ROE) | 9.5% | |
| Return on Assets (ROA) | 3.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$103M |
| Free Cash Flow | -$208M |
| Total Debt | $162M |
| Debt-to-Equity | 7.7 |
| Current Ratio | 2.6 |
| Total Assets | $2.8B |
Price & Trading
| Last Close | $1.08 |
| 50-Day MA | $1.36 |
| 200-Day MA | $2.40 |
| Avg Volume | 331K |
| Beta | 0.4 |
|
52-Week Range
$1.05
| |
About Viomi Technology Co., Ltd (VIOT)
Viomi Technology Co., Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers smart water purification systems; kitchen appliances and others, such as range hoods, water heaters, and gas stoves; and other smart products comprising air conditioning systems, dishwashers, washing machines, water heaters, kettles, interactive smart screens (TVs), sweeper robots, smart locks, blenders, and other smart devices, as well as water quality meters. It also provides a suite of complementary consumable products and small appliances, such as portable fans, rice cookers, water quality meters, water filter pitchers, rice cooker, smart home security kit, smart magic mirror, smart clothes rack, smart speaker, smart toilet; and product installation and rental services. The company sells its products directly to consumers through its online platform, Viomi mobile app, and e-commerce channels, including Youpin, JD.com, Tmall, Pinduoduo, and others, as well as offline experience stores. Viomi Technology Co., Ltd was founded in 2014 and is headquartered in Guangzhou, China.
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Frequently Asked Questions
Is Viomi Technology Co., Ltd (VIOT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Viomi Technology Co., Ltd is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Viomi Technology Co., Ltd's debt ratio?
Viomi Technology Co., Ltd's debt ratio is 185.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 5.9%.
What are Viomi Technology Co., Ltd's key financial metrics?
Viomi Technology Co., Ltd has a market capitalization of $73M, trailing P/E ratio of 3.7. The company maintains a gross margin of 25.3% and a net margin of 5.8%. Return on equity stands at 9.5%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.