Xiaomi Q2 Earnings Summary

Revenue: ¥115.96 billion (Estimated ¥114.94 billion) ; 30.5% YoY increase; 4.2% QoQ increase
Operating Profit: ¥13.44 billion (Estimated ¥10.43 billion) ; 128% YoY increase
Net Income: ¥11.90 billion (Estimated ¥8.88 billion) ; 134% YoY increase
Adjusted Net Income: ¥10.83 billion (Estimated ¥10.23 billion) ; 75% YoY increase
Gross Profit: ¥26.1 billion; 42% YoY increase
Gross Margin: 22.5%; 1.8% YoY increase

Segment Results:
Smartphone × AI IoT Revenue: ¥94.7 billion; 15% YoY increase
Smartphones: ¥45.5 billion; 2% YoY decrease; shipments 42.4 million (0.6% YoY increase)
Internet of Things & Lifestyle: ¥38.7 billion; 45% YoY increase
Internet Services: ¥9.1 billion; 10% YoY increase; 75% profit margin
Smart Electric Vehicle, AI & Startups: ¥21.3 billion; 234% YoY increase
Electric Vehicle Deliveries: 81,302 units (198% YoY increase); ASP ¥253,662 (+11% YoY)

Operational Metrics:
Global Smartphone Shipments: 42.4 million; 14.7% market share (Top 3 globally, 20th consecutive quarter)
Connected Internet of Things (IoT) Devices: 989 million (+20% YoY)
Global Monthly Active (MAU): 731 million (+8% YoY)
R&D Expenditure: ¥7.8 billion (+41% YoY)

Cash and Liquidity:
Operating Cash Flow: ¥23.5 billion
Cash and Cash Equivalents: ¥36 billion

Management Comment:
"We achieved record revenue and profitability in the smartphone, Internet of Things (IoT), and electric vehicle segments."

"Premium strategy drives share gains in China's 4,000-6,000 RMB smartphone lineup."
"Electric vehicle growth continues - YU7 launch attracts over 240,000 orders in 18 hours."
๐Ÿ‡จ๐Ÿ‡ณXiaomi Q2 Earnings Summary ๐Ÿ”น Revenue: ¥115.96 billion (Estimated ¥114.94 billion) ๐ŸŸข; 30.5% YoY increase; 4.2% QoQ increase ๐Ÿ”น Operating Profit: ¥13.44 billion (Estimated ¥10.43 billion) ๐ŸŸข; 128% YoY increase ๐Ÿ”น Net Income: ¥11.90 billion (Estimated ¥8.88 billion) ๐ŸŸข; 134% YoY increase ๐Ÿ”น Adjusted Net Income: ¥10.83 billion (Estimated ¥10.23 billion) ๐ŸŸข; 75% YoY increase ๐Ÿ”น Gross Profit: ¥26.1 billion; 42% YoY increase ๐Ÿ”น Gross Margin: 22.5%; 1.8% YoY increase Segment Results: ๐Ÿ”น Smartphone × AI IoT Revenue: ¥94.7 billion; 15% YoY increase ๐Ÿ”น Smartphones: ¥45.5 billion; 2% YoY decrease; shipments 42.4 million (0.6% YoY increase) ๐Ÿ”น Internet of Things & Lifestyle: ¥38.7 billion; 45% YoY increase ๐Ÿ”น Internet Services: ¥9.1 billion; 10% YoY increase; 75% profit margin ๐Ÿ”น Smart Electric Vehicle, AI & Startups: ¥21.3 billion; 234% YoY increase ๐Ÿ”น Electric Vehicle Deliveries: 81,302 units (198% YoY increase); ASP ¥253,662 (+11% YoY) Operational Metrics: ๐Ÿ”น Global Smartphone Shipments: 42.4 million; 14.7% market share (Top 3 globally, 20th consecutive quarter) ๐Ÿ”น Connected Internet of Things (IoT) Devices: 989 million (+20% YoY) ๐Ÿ”น Global Monthly Active (MAU): 731 million (+8% YoY) ๐Ÿ”น R&D Expenditure: ¥7.8 billion (+41% YoY) Cash and Liquidity: ๐Ÿ”น Operating Cash Flow: ¥23.5 billion ๐Ÿ”น Cash and Cash Equivalents: ¥36 billion Management Comment: ๐Ÿ”ธ "We achieved record revenue and profitability in the smartphone, Internet of Things (IoT), and electric vehicle segments." ๐Ÿ”ธ "Premium strategy drives share gains in China's 4,000-6,000 RMB smartphone lineup." ๐Ÿ”ธ "Electric vehicle growth continues - YU7 launch attracts over 240,000 orders in 18 hours."
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