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28.57
+0.42+1.49%

15min DelayNot Open Nov 22 15:41 HKT

29.80High28.12Low

0181028.550+0.400+1.42%

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Express News | Vivo Was the Top Vendor With a Share of 19.2%, Followed by Huawei, Xiaomi With 16.4% and 15.6% Share
ReutersNov 22 05:21 ET
[Brokerage Focus] Huaan maintains a "buy" rating on Xiaomi (01810) and expects its Q4 autos gross margin to continue to improve quarter-on-quarter.
Jingwu Financial News | huaan Securities released a research report, in the third quarter, Xiaomi (01810) revenue was 92.5 billion yuan, yoy +30.5%, exceeding expectations by 2.5%; GAAP operating profit reached 6.04 billion yuan, exceeding expectations by 17.7%; adjusted net income was 6.25 billion yuan, exceeding expectations by 5.8%; the bank pointed out that Xiaomi's autos business gross margin reached 17.1%, a significant increase from the previous quarter, higher than the BBG consensus expectation of 12.1%. The continuous optimization of autos gross margin is due to the continuous increase in production capacity utilization rate, with economies of scale becoming evident. In October this year, Xiaomi's Su7 deliveries exceeded 0.02 million.
Jinwu Financial NewsNov 22 02:54 ET
Cui Dongshu: Maintaining growth is not enough to rely solely on trade-in incentives. Tax incentives for car purchases are needed to stimulate first-time buyers to purchase cars.
Currently, the good effects of the trade-in policy bring a strong year-end momentum. However, this rush will lead to greater pressure on consumer activity in early 2025. Therefore, in early 2025, a strong counterforce is needed to offset the pressure of a weaker consumer year. Thus, relying solely on trade-in for stable growth in 2025 is insufficient; tax benefits on vehicle purchases are necessary to encourage first-time buyers to purchase vehicles.
Zhitong FinanceNov 22 00:39 ET
European Car Sales Flat in October, EVs Gain Ground, ACEA Says
The Edge MarketsNov 21 23:14 ET
Xiaomi's 2nd EV Model Could Be Launched in Q1 2025, Report Says
CnEVPostNov 21 20:33 ET
Xiaomi (01810) is rumored to plan to launch its second car model on the market in February or March next year.
Jinwu Finance News | According to media reports, insiders from Xiaomi autos revealed: "Xiaomi's second model is planned to be launched in February or March next year." It is reported that another source close to Xiaomi autos also stated that the launch schedule of Xiaomi's second model will be consistent with that of the Xiaomi SU7, which is scheduled for release on March 28, 2024. In response to the above news, a relevant person in charge of Xiaomi Group stated, "The related issues exceed the topic, and no further response can be made."
Jingwu Financial NewsNov 21 20:22 ET

Comments

huatbigbigplease

Nov 21 20:52

$XIAOMI-W (01810.HK)$ sell?

Spinee

Nov 21 20:35

It might be too early to tell.

But i think there’s an ongoing trend of mainland consumers opting for local bands/products and shunning foreign.
From iPhones and Teslas to minivans and Frappucinos, people appear to be seeing the value of spending less for the same.
$Apple (AAPL.US)$ $Huawei Hongmong (LIST0795.SH)$ $Tesla (TSLA.US)$ $XIAOMI-W (01810.HK)$

Spinee: 反对研究：

Earnings flood from China's stocks: Is a turnaround on the horizon?

Spinee

Nov 21 20:04

COUNTERPOINT RESEARCH:

CHINA'S SMARTPHONE SALES DECLINE 9% Y/Y DURING SINGLES' DAY 2024.
HUAWEI'S SALES INCREASE BY 7% Y/Y, WHILE HONOR AND APPLE EXPERIENCE DOUBLE-DIGIT Y/Y DECLINES.
$Huawei Hongmong (LIST0795.SH)$ $XIAOMI-W (01810.HK)$ $Apple (AAPL.US)$ $Hang Seng Index (800000.HK)$ $Hang Seng TECH Index (800700.HK)$

151453477

Nov 20 01:52

One of the greatest companies in the world

$XIAOMI-W (01810.HK)$ The current status of Xiaomi is fully in line with the below characteristics.
When buying stocks, investors are essentially investing in the following aspects of a company:
1. Future Growth Potential
• The growth prospects of the industry the company operates in (e.g., emerging sectors like renewable energy or artificial intelligence).
• Whether the company has a clear development strategy, innovative capacity, and expansion plan...

151453477 OP : 1. Future Growth Potential
• Xiaomi is actively expanding into smart devices, IoT, and electric vehicles.
• In Q3 2024, Xiaomi launched its first electric car series, SU7, delivering over 100,000 units, highlighting its growth potential in emerging markets.
2. Profitability
• Xiaomi achieved a net profit of RMB 5.35 billion in Q3 2024, up 9.9% year-over-year, exceeding market expectations.
• Adjusted net profit reached RMB 6.25 billion, growing 4.3%. Total revenue rose 30% to RMB 92.51 billion, reflecting strong profitability.
3. Market Competitiveness
• Xiaomi retains its position as the third-largest smartphone brand globally, with 42.8 million units shipped in Q3 2024, a 3.3% year-over-year increase.
• Revenue from IoT and lifestyle products grew 26% to RMB 26.1 billion, showcasing its competitive edge in multiple sectors.

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151453477 OP : 4. Management Team
• Xiaomi is led by its founder Lei Jun, serving as Chairman and CEO, supported by co-founders Lin Bin and Liu De, who bring extensive industry experience and strong leadership.
5. Financial Health
• Xiaomi demonstrates financial stability, with growing revenues and profits across business segments in Q3 2024.
6. Shareholder Returns
• Xiaomi’s Hong Kong-listed stock surged over 80% in 2024, reflecting investor confidence in its performance and future prospects.
• Information on its dividend policy requires further review of financial statements.
7. Risk Management
• Xiaomi’s diversified business portfolio, spanning smartphones, IoT, and electric vehicles, mitigates risks associated with a single revenue source.
• However, challenges in new ventures like electric vehicles, including market competition and technological hurdles, warrant ongoing attention.
8. Corporate Culture and Social Responsibility
• Xiaomi emphasizes innovation and affordability, adhering to its philosophy of “moving people with heart and offering honest pricing.”
• The company has committed to achieving carbon neutrality in its operations by 2040 and using 100% renewable energy, highlighting its focus on environmental sustainability.
Xiaomi shows strong performance across key indicators, demonstrating significant growth potential and market competitiveness.

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bullrider_21

Nov 19 23:37

Xiaomi reports USD1.3 billion in revenue from EV business in Q3 with 39,790 deliveries

$XIAOMI-W (01810.HK)$
Xiaomi reported revenue of RMB 9.5 billion (USD1.3 billion) from its electric vehicle (EV) business in the third quarter of 2024, up 52.1% from RMB 6.2 billion in the second quarter, according to the smartphone giant's financial report.
The company's EV business and other innovative businesses earned cumulative revenue of RMB 9.7 billion in the third quarter, up 52.3% from RMB 6.4 billion i...