Viomi's State of The Art IOT Home Technology. Source: Viomi Homepage
Viomi (NYSE: VIOT) has become both a value and growth play after continued top-line revenue growth of +70% since 2016 and more recently, income growth of over 100%. While this has not been correctly reflected in its stock price, we strongly believe investors can benefit massively from Viomi's capitalization on China's rapidly growing middle class.
Viomi is an innovative smart home appliance manufacturer in China targeting China's young “new middle-class” consumer. Spun off from Xiaomi, the world's fourth-largest phone maker, Viomi has had