Zepp Health Corp - Understand $zepp stock

$ZEPP Market Cap: $43.5 Million

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Financial Snapshot

Revenue

$1.896B

TTM

Gross Margin

23.94%

TTM

Net Earnings

-$203.8M

TTM

Current Assets

$316.7M

Q4 2023

Current Liabilities

$155.1M

Q4 2023

Current Ratio

204.2%

Q4 2023

Total Assets

$635.5M

Q4 2023

Total Liabilities

$282.8M

Q4 2023

Book Value

$352.8M

Q4 2023

Cash

$133.7M

Q4 2023

P/E

-0.2134

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$2.495B	$4.143B	$6.250B	$6.433B	$5.812B	$3.645B	$2.049B	$1.557B	$896.5M
YoY Change	-39.77%	-33.72%	-2.85%	10.69%	59.45%	77.91%	31.64%	73.62%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$2.495B	$4.143B	$6.250B	$6.433B	$5.812B	$3.645B	$2.049B	$1.557B	$896.5M
Cost Of Revenue	$1.838B	$3.340B	$4.944B	$5.101B	$4.345B	$2.706B	$1.554B	$1.280B	$785.9M
Gross Profit	$657.8M	$803.1M	$1.306B	$1.333B	$1.468B	$939.5M	$494.7M	$276.2M	$110.6M
Gross Profit Margin	26.36%	19.39%	20.89%	20.72%	25.25%	25.77%	24.14%	17.74%	12.34%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$70.86M	$696.2M	$696.6M	$620.5M	$430.4M	$310.5M	$158.9M	$130.5M	$89.20M
YoY Change	-89.82%	-0.05%	12.27%	44.17%	38.62%	95.41%	21.76%	46.3%
% of Gross Profit	10.77%	86.69%	53.35%	46.56%	29.32%	33.05%	32.12%	47.25%	80.65%
Research & Development	$50.96M	$517.1M	$515.1M	$538.0M	$430.8M	$263.2M	$153.8M	$132.3M	$61.60M
YoY Change	-90.15%	0.4%	-4.26%	24.88%	63.68%	71.13%	16.25%	114.77%
% of Gross Profit	7.75%	64.39%	39.45%	40.37%	29.35%	28.01%	31.09%	47.9%	55.7%
Depreciation & Amortization	$7.669M	$8.498M	$51.88M	$27.10M	$17.20M	$6.200M	$3.700M	$2.400M	$300.0K
YoY Change	-9.76%	-83.62%	91.45%	57.56%	177.42%	67.57%	54.17%	700.0%
% of Gross Profit	1.17%	1.06%	3.97%	2.03%	1.17%	0.66%	0.75%	0.87%	0.27%
Operating Expenses	$121.8M	$1.213B	$1.212B	$1.158B	$861.3M	$573.7M	$312.7M	$262.8M	$150.7M
YoY Change	-89.96%	0.14%	4.6%	34.49%	50.13%	83.47%	18.99%	74.39%
Operating Profit	-$29.17M	-$410.2M	$93.94M	$174.3M	$606.4M	$365.8M	$182.0M	$13.40M	-$40.10M
YoY Change	-92.89%	-536.7%	-46.1%	-71.26%	65.77%	100.99%	1258.21%	-133.42%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$6.719M	-$6.111M	-$14.69M	$58.40M	$35.30M	$19.70M	$5.400M	$800.0K	$300.0K
YoY Change	-209.95%	-58.4%	-125.16%	65.44%	79.19%	264.81%	575.0%	166.67%
% of Operating Profit			-15.64%	33.51%	5.82%	5.39%	2.97%	5.97%
Other Income/Expense, Net		$43.82M	$27.42M	-$23.60M	$13.20M	$8.800M	$4.600M	$14.70M	$1.100M
YoY Change		59.82%	-216.18%	-278.79%	50.0%	91.3%	-68.71%	1236.36%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	-$236.8M	-$372.5M	$106.7M	$265.6M	$652.4M	$386.6M	$191.9M	$28.90M	-$38.80M
YoY Change	-36.44%	-449.24%	-59.84%	-59.29%	68.75%	101.46%	564.01%	-174.48%
Income Tax	-$15.82M	-$65.88M	$10.75M	$31.20M	$77.90M	$52.00M	$23.40M	$3.100M	-$900.0K
% Of Pretax Income			10.07%	11.75%	11.94%	13.45%	12.19%	10.73%
Net Earnings	-$212.1M	-$288.3M	$137.8M	$228.8M	$575.2M	$340.0M	$167.7M	$23.90M	-$37.90M
YoY Change	-26.43%	-309.22%	-39.77%	-60.22%	69.18%	102.74%	601.67%	-163.06%
Net Earnings / Revenue	-8.5%	-6.96%	2.2%	3.56%	9.9%	9.33%	8.18%	1.54%	-4.23%
Basic Earnings Per Share	-$0.87	-$1.17	$0.55	$0.92
Diluted Earnings Per Share	-$0.87	-$1.17	$521.3K	$878.6K	$2.247M	$1.511M	$705.5K	$100.5K	-$159.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$920.9M	$1.493B	$2.297B	$1.820B	$1.589B	$380.1M	$162.4M	$220.0M
YoY Change	-38.31%	-35.0%	26.18%	14.53%	318.13%	134.05%	-26.18%
Cash & Equivalents	$886.6M	$1.473B	$2.278B	$1.803B	$1.539B	$366.3M	$153.2M	$220.0M
Short-Term Investments	$34.32M	$19.35M	$18.40M	$17.20M	$50.50M	$13.70M	$9.200M	$0.00
Other Short-Term Assets	$195.0M	$100.9M	$33.50M	$14.40M	$26.10M	$24.50M	$6.200M	$4.100M
YoY Change	93.32%	201.04%	132.64%	-44.83%	6.53%	295.16%	51.22%
Inventory	$1.022B	$1.249B	$1.218B	$893.8M	$484.6M	$249.7M	$192.4M	$89.90M
Prepaid Expenses
Receivables	$820.7M	$832.7M	$1.158B	$1.610B	$715.3M	$611.3M	$496.4M	$194.9M
Other Receivables	$0.00	$255.2M	$121.7M	$53.90M	$42.20M	$29.70M	$2.400M	$10.80M
Total Short-Term Assets	$2.959B	$3.931B	$4.828B	$4.393B	$2.858B	$1.295B	$859.8M	$519.6M
YoY Change	-24.74%	-18.58%	9.91%	53.72%	120.59%	50.66%	65.47%
Property, Plant & Equipment	$166.2M	$242.3M	$275.8M	$173.0M	$40.00M	$28.80M	$10.80M	$2.900M
YoY Change	-31.42%	-12.14%	59.42%	332.5%	38.89%	166.67%	272.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.687B	$1.553B	$444.0M	$406.1M	$208.9M	$85.20M	$78.10M	$2.000M
YoY Change	8.63%	249.68%	9.33%	94.4%	145.19%	9.09%	3805.0%
Other Assets	$260.6M	$163.0M	$148.4M	$111.5M	$82.40M	$44.90M	$23.00M	$4.500M
YoY Change	59.85%	9.85%	33.09%	35.32%	83.52%	95.22%	411.11%
Total Long-Term Assets	$2.309B	$2.155B	$1.076B	$782.2M	$401.0M	$170.1M	$113.1M	$9.500M
YoY Change	7.17%	100.27%	37.54%	95.06%	135.74%	50.4%	1090.53%
Total Assets	$5.268B	$6.086B	$5.904B	$5.175B	$3.259B	$1.466B	$972.9M	$529.1M
YoY Change
Accounts Payable	$497.6M	$1.367B	$1.963B	$2.015B	$1.075B	$715.9M	$547.6M	$260.0M
YoY Change	-63.61%	-30.32%	-2.59%	87.45%	50.13%	30.73%	110.62%
Accrued Expenses	$197.8M	$139.7M	$134.7M	$256.1M	$154.3M	$62.40M	$33.10M	$13.90M
YoY Change	41.6%	3.71%	-47.4%	65.98%	147.28%	88.52%	138.13%
Deferred Revenue
YoY Change
Short-Term Debt	$968.4M	$461.8M	$504.7M	$2.200M	$38.90M	$35.20M	$12.70M	$0.00
YoY Change	109.71%	-8.5%	22840.91%	-94.34%	10.51%	177.17%
Long-Term Debt Due	$42.32M	$50.09M
YoY Change	-15.51%
Total Short-Term Liabilities	$1.669B	$2.152B	$2.790B	$2.482B	$1.388B	$877.2M	$634.4M	$277.8M
YoY Change	-22.46%	-22.85%	12.41%	78.84%	58.2%	38.27%	128.37%
Long-Term Debt	$684.2M	$726.9M	$60.00M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-5.87%	1111.42%
Other Long-Term Liabilities	$194.3M	$246.2M	$301.4M	$190.0M	$56.20M	$8.000M	$0.00
YoY Change	-21.07%	-18.32%	58.63%	238.08%	602.5%
Total Long-Term Liabilities	$878.5M	$973.0M	$361.4M	$190.0M	$56.20M	$8.000M	$0.00	$0.00
YoY Change	-9.71%	169.24%	90.21%	238.08%	602.5%
Total Liabilities	$2.595B	$3.165B	$3.174B	$2.674B	$1.448B	$890.1M	$634.4M	$277.8M
YoY Change	-18.01%	-0.26%	18.68%	84.72%	62.63%	40.31%	128.37%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	243.1M	246.3M	252.2M	248.5M
Diluted Shares Outstanding	243.1M	246.3M	264.4M	260.4M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $43.499 Million

About Zepp Health Corp

Zepp Health Corp is a CN-based company operating in Electronic Equipment, Instruments & Components industry. The company is headquartered in Hefei, Anhui and currently employs 839 full-time employees. The company went IPO on 2018-02-08. Zepp Health Corp, formerly Huami Corp, is a company committed to connect health with technology. The company has developed a platform of proprietary technology including artificial intelligence (AI) chips, biometric sensors, and health data algorithms. The company is engaged in developing smart wearable technology. The company designs and develops biometric and activity data-driven fitness and smart watches. The company markets its products under the brand name, Amazfit and is the sole partner for Xiaomi wearable products. The products includes Amazfit BIP, Amazfit pace, Amazfit equator, Amazfit ARC, and accessories, such as sports bands, watch straps, ear buds, charging units, and core trackers. The smart watches provides activity tracking, sleep tracking, smart notifications from mobile devices, GPS, heart rate sensing, water resistance, wireless syncing with mobile phones. The company also provides a mobile application to keep track of the fitness information, set alarms and receive call notifications on the smart watch.

Industry: Electronic Computers Peers: Hollysys Automation Technologies, Ltd.