Viomi Technology Co ( (VIOT) ) has released a notification of late filing.
Viomi Technology Co., Ltd, a company based in Guangzhou, China, has announced a delay in filing its annual report on Form 20-F (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the additional time required to gather specific information necessary for the report, which could not be completed without undue effort or expense. The company anticipates filing the report once the financial statements are ready. Despite the delay, Viomi Technology has stated that no significant changes in financial results are expected compared to the previous fiscal year. The company is committed to maintaining compliance with SEC regulations, as indicated by the signature of CEO Xiaoping Chen on the notification.
Spark’s Take on VIOT Stock
According to Spark, TipRanks’ AI Analyst, VIOT is a Neutral.
Viomi Technology Co’s stock score is primarily impacted by its financial performance, with declining revenues, ongoing losses, and negative cash flows. Technical analysis shows weak momentum, while valuation is challenged by a negative P/E ratio and no dividend yield. These factors together indicate significant financial and operational hurdles that the company needs to overcome to improve its stock performance.
To see Spark’s full report on VIOT stock, click here.
More about Viomi Technology Co
YTD Price Performance: -11.11%
Average Trading Volume: 189,496
Technical Sentiment Signal: Buy
Current Market Cap: $92.78M
For detailed information about VIOT stock, go to TipRanks’ Stock Analysis page.