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."
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."
๐จ๐ณXiaomi Q2 Earnings Summary
๐น Revenue: ¥115.96 billion (Estimated ¥114.94 billion) ๐ข; 30.5% YoY increase; 4.2% QoQ increase
๐น Operating Profit: ¥13.44 billion (Estimated ¥10.43 billion) ๐ข; 128% YoY increase
๐น Net Income: ¥11.90 billion (Estimated ¥8.88 billion) ๐ข; 134% YoY increase
๐น Adjusted Net Income: ¥10.83 billion (Estimated ¥10.23 billion) ๐ข; 75% YoY increase
๐น Gross Profit: ¥26.1 billion; 42% YoY increase
๐น Gross Margin: 22.5%; 1.8% YoY increase
Segment Results:
๐น Smartphone × AI IoT Revenue: ¥94.7 billion; 15% YoY increase
๐น Smartphones: ¥45.5 billion; 2% YoY decrease; shipments 42.4 million (0.6% YoY increase)
๐น Internet of Things & Lifestyle: ¥38.7 billion; 45% YoY increase
๐น Internet Services: ¥9.1 billion; 10% YoY increase; 75% profit margin
๐น Smart Electric Vehicle, AI & Startups: ¥21.3 billion; 234% YoY increase
๐น Electric Vehicle Deliveries: 81,302 units (198% YoY increase); ASP ¥253,662 (+11% YoY)
Operational Metrics:
๐น Global Smartphone Shipments: 42.4 million; 14.7% market share (Top 3 globally, 20th consecutive quarter)
๐น Connected Internet of Things (IoT) Devices: 989 million (+20% YoY)
๐น Global Monthly Active (MAU): 731 million (+8% YoY)
๐น R&D Expenditure: ¥7.8 billion (+41% YoY)
Cash and Liquidity:
๐น Operating Cash Flow: ¥23.5 billion
๐น Cash and Cash Equivalents: ¥36 billion
Management Comment:
๐ธ "We achieved record revenue and profitability in the smartphone, Internet of Things (IoT), and electric vehicle segments."
๐ธ "Premium strategy drives share gains in China's 4,000-6,000 RMB smartphone lineup."
๐ธ "Electric vehicle growth continues - YU7 launch attracts over 240,000 orders in 18 hours."
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