Name: Net Profit Margin

Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.

Interpretation:
• In '2020', VIOT's net profit margin was 3.0%, measuring the overall profitability of the company. Industry average for Consumer Electronics/Appliances in '2020' stood at -286.1%.
• In '2021', VIOT's net profit margin was 1.7%, measuring the overall profitability of the company. The decline from '2020' may indicate some operational or financial challenges. Industry average for Consumer Electronics/Appliances in '2021' stood at -2.5%. Industry average increased by 283.6% compared to previous year.
• In '2022', VIOT's net profit margin was -8.5%, measuring the overall profitability of the company. The decline from '2021' may indicate some operational or financial challenges. Industry average for Consumer Electronics/Appliances in '2022' stood at -11.6%. Industry average declined by 9.1% from previous year.
• In '2023', VIOT's net profit margin was -3.4%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Consumer Electronics/Appliances in '2023' stood at -6.1%. Industry average increased by 5.6% compared to previous year.
Overall, VIOT's net profit margin has been volatile but showed a downward trend over the past 4 years.

Formula: Net Profit Margin = Net Income / Revenue

Good Range: Ranges 5%-20% for many industries.