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Huami Technology is a cloud-based health service provider focusing on smart wearable technology. The company designs, manufactures, and sells smart devices including smart bands, smart watches, and smart scales, as well as self-branded smart gym hubs, treadmills, wireless stereo fitness earphones, and sleep-comfort and health monitoring earphones under its own AMAZFIT brand. It also collaborates with partners across various verticals such as sports and social network, mobile payment, and health and related industries.

TypePublic
Founded2013
HQHefei, CN
Websitehuami.com

Latest Updates

Employees (est.) (Dec 2019)679(-2%)
Revenue (FY, 2018)¥3.6 B(+78%)
Share Price (Feb 2021)$16.7 (-4%)
Cybersecurity ratingBMore

Key People/Management at Huami

Wang Huang

Wang Huang

Chairman of the Board of Directors and Chief Executive Officer
Mike Yan Yeung

Mike Yan Yeung

Chief Operating Officer
Leon Deng

Leon Deng

Chief Financial Officer
Pengtao Yu

Pengtao Yu

Chief Industrial Designer
Hui Wang

Hui Wang

Vice President of Health and Medical Business Group and General Manager of Beijing Operations
Bing Xie

Bing Xie

Independent Director
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Huami Office Locations

Huami has offices in Hefei, Beijing, Shanghai, Shenzhen and in 1 other location
Hefei, CN (HQ)
Building H8, No. 2800 Chuangxin Avenue, High-tech Zone
Beijing, CN
Room 206, Building 23, Zhongguancun Software Park, No. 8 Dongbeiwang West Road, Haidian District
Shanghai, CN
Unit 03, 13th Floor, Building 2, No. 1239, Century Avenue, Pudong New Area
Shenzhen, CN
28th Floor, Building C, Dachong Business Center, No. 9676 Shennan Road, Nanshan District
Cupertino, CA, US
10050 N Wolfe Rd
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Huami Financials and Metrics

Huami Revenue

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Huami's revenue was reported to be ¥3.65 b in FY, 2018 which is a 77.9% increase from the previous period.
CNY

Revenue (Q3, 2019)

1.9b

Gross profit (Q3, 2019)

469.9m

Gross profit margin (Q3, 2019), %

25.2%

Net income (Q3, 2019)

203.4m

EBIT (Q3, 2019)

219.1m

Market capitalization (23-Feb-2021)

1.0b

Closing stock price (23-Feb-2021)

16.7

Cash (30-Sept-2019)

1.7b

EV

(575.0m)
Huami's current market capitalization is $1 b.
Annual
CNYFY, 2016FY, 2017FY, 2018

Revenue

1.6b2.0b3.6b

Revenue growth, %

32%78%

Cost of goods sold

1.3b1.6b2.7b

Gross profit

276.2m494.7m939.5m
Quarterly
CNYQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

331.1m491.1m474.1m752.6m585.9m760.1m1.1b1.2b799.6m1.0b1.9b

Cost of goods sold

257.1m364.1m347.2m585.8m439.2m563.3m787.8m915.6m582.1m761.4m1.4b

Gross profit

74.0m127.0m126.9m166.8m146.7m196.9m286.9m309.0m217.5m277.3m469.9m

Gross profit Margin, %

22%26%27%22%25%26%27%25%27%27%25%
Annual
CNYFY, 2016FY, 2017FY, 2018

Cash

153.2m366.3m1.4b

Accounts Receivable

19.7m32.9m58.9m

Prepaid Expenses

8.7m51.1m58.2m

Inventories

192.4m249.7m484.6m
Quarterly
CNYQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.1b893.9m967.4m1.6b1.5b1.7b

Accounts Receivable

35.5m51.7m38.5m51.2m83.6m111.9m

Prepaid Expenses

42.6m28.1m45.7m43.8m45.3m43.0m

Inventories

405.1m30.3m423.5m372.6m542.0m854.0m
CNYFY, 2016FY, 2017FY, 2018

Net Income

23.9m167.1m336.3m

Depreciation and Amortization

2.4m3.7m6.2m

Inventories

(103.5m)(57.6m)(234.9m)

Accounts Payable

272.0m181.6m356.3m
CNYFY, 2016

Revenue/Employee

4.1m

Debt/Equity

0.4 x

Financial Leverage

32.2 x
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Huami Operating Metrics

FY, 2016FY, 2017FY, 2018

Self-branded Product Units Shipped

300 k1 m3.10 m

Domain Names Registered

63 71

Computer Software Copyrights

9 15

Patents (Domestic)

65 140
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Huami Acquisitions / Subsidiaries

Company NameDateDeal Size
Anhui Huami Healthcare Co., Ltd.
Anhui Huami Information Technology Co., Ltd.
Anhui Huami Intelligent Technology Co., Ltd.
Beijing Shunyuan Kaihua Technology Co., Ltd.
Huami (Beijing) Information Technology Co., Ltd.
Huami HK Limited
Huami, Inc.
Huami (Shenzhen) Information Technology Co., Ltd.
Rill, Inc.
Shenzhen Yunding Information Technology Co., Ltd.

Huami Revenue Breakdown

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Huami revenue breakdown by business segment: 66.9% from Xiaomi Wearable Products and 33.1% from Self-branded products and others

Huami Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Huami Online and Social Media Presence

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Huami News and Updates

Huami to Host 2021 Strategy and Outlook Investor Fireside Chat with CEO Wang Huang on January 22

BEIJING, Jan. 14, 2021 /PRNewswire/ -- Huami Corp. (NYSE: HMI) today announced that it will hold a Fireside Chat conference call for investors on Friday, 22 January 2021. The company will discuss its 2021 strategies for consumer and industrial health technologies, including its product...

Huami Corporation Reports Third Quarter 2020 Unaudited Financial Results

BEIJING, Nov. 23, 2020 /PRNewswire/ -- Huami Corporation (NYSE: HMI) today reported revenue of RMB2.2 billion, or US$329.2 million; GAAP diluted net income per share of RMB0.31 (US$0.05), or GAAP diluted net income per ADS of RMB1.24 (US$0.18) for the third quarter ended September 30,...

Huami Corp. Announces Change of Chief Financial Officer, Effective October 1, 2020

BEIJING, Aug. 31, 2020 /PRNewswire/ -- Huami Corp. (NYSE: HMI) today announced that Mr. David Cui has tendered his resignation as Chief Financial Officer, effective October 1, 2020, for personal reasons. Mr. Cui will become a consultant to the company for a transitional period of time...

Huami Corporation Reports Second Quarter 2020 Unaudited Financial Results

BEIJING, Aug. 18, 2020 /PRNewswire/ -- Huami Corporation ("Huami" or the "Company") (NYSE: HMI) today reported revenue of RMB1.137 billion, or US$161.0 million; GAAP diluted net income per share of RMB0.05 (US$0.01), or GAAP diluted net income per ADS of RMB0.21 (US$0.03) for the second...

Sériová výroba dalšího nositelného AI čipu Huangshan-2 firmy Huami je naplánována na poslední čtvrtletí letošního roku, 50% úspora energie a rychlejší detekce fibrilace síní

Ramesh Jain, otec multimediální výpočetní techniky, byl jmenován hlavním technickým konzultantem Výzkumného ústavu umělé inteligence společnosti Huami. Tato zpráva byla dnes oznámena na první inovační konferenci společnosti Huami s názvem „Umělá inteligence pro dekódování budoucnosti"...

Der neuste tragbare KI-Chip Huangshan-2 von Huami geht voraussichtlich im 4. Quartal 2020 in Serienproduktion - 50% Energieeinsparung sowie schnellere Erkennung von Vorhofflimmern

Ramesh Jain, Vater des Multimedia-Computings zum technischen Berater des Huami AI Research Institute ernannt, wie auf der ersten Innovation Conference „AI to Decode Future" von Huami bekannt gegeben wurde SHENZHEN, China, 18. Juni 2020 /PRNewswire/ -- Die globale Top-5-Wearable-Marke[1],...
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Huami Frequently Asked Questions

  • When was Huami founded?

    Huami was founded in 2013.

  • Who are Huami key executives?

    Huami's key executives are Wang Huang, Mike Yan Yeung and Leon Deng.

  • How many employees does Huami have?

    Huami has 679 employees.

  • What is Huami revenue?

    Latest Huami annual revenue is ¥3.6 b.

  • What is Huami revenue per employee?

    Latest Huami revenue per employee is ¥5.4 m.

  • Who are Huami competitors?

    Competitors of Huami include Apple, Huawei and Garmin.

  • Where is Huami headquarters?

    Huami headquarters is located at Building H8, No. 2800 Chuangxin Avenue, High-tech Zone, Hefei.

  • Where are Huami offices?

    Huami has offices in Hefei, Beijing, Shanghai, Shenzhen and in 1 other location.

  • How many offices does Huami have?

    Huami has 5 offices.