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Organization and Principal Activities (Tables) | 12 Months Ended
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Dec. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract] |
Schedule of Principal Subsidiaries and VIEs | As of December 31, 2021, details of the Company’s principal subsidiaries and VIEs were as follows:
|  | Place of incorporation |  | Date of incorporation |  | Percentage of beneficial ownership |  | Principal activities |
Subsidiaries: |  |  |  |  |  |  |  |  |
Viomi HK |  | Hong Kong |  | January 30, 2015 |  | 100% |  | Investment holding |
Lequan |  | PRC |  | May 15, 2015 |  | 100% |  | Investment holding |
Codream HK |  | Hong Kong |  | August 20, 2019 |  | 100% |  | Investment holding |
Yunmi Hulian |  | PRC |  | December 9, 2019 |  | 100% |  | Investment holding |
Zhumeng Hulian |  | PRC |  | October 14, 2020 |  | 100% |  | Investment holding |
Guangdong Lizi |  | PRC |  | July 26, 2018 |  | 100% |  | Home appliance development and sales |
Guangzhou interconnect Technology Co., Ltd. |  | PRC |  | December 7, 2020 |  | 100% |  | Home appliance development and sales |
VIEs: |  |  |  |  |  |  |  |  |
Foshan Viomi |  | PRC |  | May 6, 2014 |  | 100% |  | Home appliance development and sales |
Beijing Viomi |  | PRC |  | January 12, 2015 |  | 100% |  | No substantial business |
Subsidiaries of Foshan Viomi: |  |  |  |  |  |  |  |  |
Guangdong AI Touch Technology Co., Ltd. (“AI Touch”) |  | PRC |  | January 30, 2019 |  | VIE’s subsidiary |  | Home appliance development and sales |
Foshan Xiaoxian Hulian Electric Appliances Technology Co., Ltd. (“Foshan Xiaoxian”) |  | PRC |  | October 12, 2016 |  | VIE’s subsidiary |  | Home appliance development and sales |
Schedule of Financial Statement Amounts and Balances of VIEs | The following table sets forth the assets, liabilities, results of operations and cash flows of the VIEs and its subsidiaries taken as a whole on an aggregated basis, which were included in the Group’s consolidated financial statements. For purposes of this presentation, activity within and between the VIEs and their subsidiaries have been eliminated, but transactions with other entities within the Consolidated Group have been included without elimination. Presentation of the comparative data for 2019 and 2020 have been expanded to conform to the current year presentation.
|  | As of December 31, |
|  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |
Cash and cash equivalents |  |  | 338,748 |  |  |  | 353,554 |
Short-term investments |  |  | 579,457 |  |  |  | 820,344 |
Accounts receivable from third parties |  |  | 412,118 |  |  |  | 204,769 |
Accounts receivable from a related party |  |  | 609,094 |  |  |  | 320,939 |
Inventories |  |  | 392,574 |  |  |  | 362,385 |
Amount due from Group companies |  |  | 106,956 |  |  |  | 232,203 |
Other assets |  |  | 395,941 |  |  |  | 383,569 |
Total assets |  |  | 2,834,888 |  |  |  | 2,677,763 |
Accounts and notes payable |  |  | 860,454 |  |  |  | 545,966 |
Accrued expenses and other liabilities* |  |  | 302,256 |  |  |  | 292,388 |
Amount due to Group companies |  |  | 480,058 |  |  |  | 824,304 |
Other liabilities |  |  | 293,413 |  |  |  | 122,508 |
Total liabilities |  |  | 1,936,181 |  |  |  | 1,785,166 |
* | The amount of accrued expenses and other liabilities of VIEs as of December 31, 2020 has been revised to correct an error in previously issued annual financial statements included in our Form 20-F for the year ended December 31, 2020.
1. | ORGANIZATION AND PRINCIPAL ACTIVITIES (Continued)
(c) | VIE Arrangements between the VIEs and the Company’s PRC subsidiary (Continued)
|  | Year ended December 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |  |  | RMB |
Revenue from Group companies (1) |  | — |  |  |  | 25,994 |  |  |  | 131,379 |
Revenue from a related party and third parties |  |  | 4,647,513 |  |  |  | 5,790,475 |  |  |  | 4,859,414 |
Cost from Group companies |  |  | — |  |  |  | 214,289 |  |  |  | 1,291,468 |
Cost from a related party and third parties |  |  | 3,565,109 |  |  |  | 4,556,588 |  |  |  | 2,870,809 |
Net income/(loss) |  |  | 276,426 |  |  |  | 152,908 |  |  |  | (60,908 | )
Net cash used in operating activities with Group companies |  | — |  |  |  | (162,243 | ) |  |  | (794,936 | )
Net cash provided by operating activities with third parities |  |  | 240,823 |  |  |  | 218,030 |  |  |  | 1,248,860 |
Net cash used in investing activities with Group companies |  |  | (1,482 | ) |  |  | (30,404 | ) |  |  | (83,325 | )
Net cash used in investing activities with third parties |  |  | (97,702 | ) |  |  | (490,270 | ) |  |  | (233,934 | )
Net cash provided by/(used in) financing activities with Group companies |  |  | 161,722 |  |  |  | 154,557 |  |  |  | (156,406 | )
Net cash (used in)/provided by financing activities with third parties |  |  | 95,933 |  |  |  | (98,390 | ) |  |  | — |
(1) | Inter-company revenues between VIEs and other subsidiaries
VIEs sell certain products to other subsidiaries. For the years ended 31 December, 2019, 2020 and 2021, the inter-company sales recognized by VIEs to Equity subsidiaries are nil, RMB12.6 million and RMB131.3 million, respectively. And the inter-company sales recognized by VIEs to Primary beneficiary of VIEs and their subsidiaries for the year ended 31 December, 2019, 2020 and 2021 are nil, RMB13.4 million and RMB0.1 million, respectively.

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- Definition A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. + References No definition available. + Details
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- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=123419778&loc=SL6759159-111685 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5747-111685 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123419778&loc=SL6228884-111685 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5710-111685 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123419778&loc=d3e5728-111685 + Details
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