Xiaomi (1810) AI Stock Analysis

• Market Cap: HK$1.52T
• Dividend Yield: N/A
• Average Volume (3M): 151.61M
• Price to Earnings (P/E): 43.7
• Beta (1Y): 0.99
• Revenue Growth: 38.46%
• EPS Growth: 72.44%
• Country: HK
• Employees: 43,688
• Sector: Technology
• Sector Strength: 89
• Industry: Consumer Electronics
• EPS (TTM): 0.46
• Shares Outstanding: 21,436,610,000
• 10 Day Avg. Volume: 170,476,843
• 30 Day Avg. Volume: 151,608,449
• PEG Ratio: 0.03
• Price to Book (P/B): 2.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$69.24
• Price Target Upside: 20.62% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 15

• Rating: 78 Outperform
• Price Target: HK$65.00 ▲(13.24%Upside)

Xiaomi's overall stock score is driven by exceptional financial performance and positive earnings call results, highlighting strong growth and strategic advancements. Technical indicators show bullish momentum, but valuation concerns due to a high P/E ratio temper enthusiasm. Challenges in global markets provide some downside risk.

Positive Factors

Business Expansion

The proceeds from the share sale will be used for business expansion, R&D investment, and working capital, which is expected to support Xiaomi's global expansion strategy.

Product Launch

Initial orders in the first hour for the YU7 surpassed 289,000 units, which is well above market expectations.

Technological Innovation

Xiaomi's debut of a self-developed 3nm SoC at a product launch event marks a significant technological breakthrough.

Negative Factors

Market Competition

Xiaomi will not participate in the ongoing price war in the domestic EV market, which could impact its competitiveness.

Share Dilution

The share sale implies a 3.2% dilution of existing issued share capital, which may weigh on the share price in the near term.

Xiaomi Business Overview & Revenue Model

Company Description

Xiaomi Corporation, an investment holding company, provides hardware, software, and internet services in Mainland China, India, Europe, and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products. The Internet Services segment provides advertising services and internet value-added services; and engages in the online game and fintech businesses. The Others segment offers hardware repair services for its products. The company also engages in the wholesale and retail of smartphones and ecosystem partners' products; development and sale of software, hardware, and electronic products; procurement and sale of smartphones, ecosystem partners' products, and spare parts; procurement of raw materials; and operation of retail stores. It is also involved in the research and development of computer software and information technology; property management and commercial factoring activities; e-commerce and market research businesses; sale of e-books; investment, asset management, project investment, property management, and investment consulting, as well as technology diffusion, transfer, and consulting activities; and provision of internet finance, consumer loan, virtual banking, software related, information technology advisory, electronic payment, and internet services. Xiaomi Corporation was incorporated in 2010 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

Xiaomi makes money primarily through the sale of its smartphones, which constitute a significant portion of its revenue. Additionally, the company generates income from its IoT and lifestyle products, which include smart home devices, wearables, and other electronic gadgets. Xiaomi also leverages its software and internet services, offering apps, games, and cloud services, which contribute to its earnings. The company adopts a unique business model by maintaining low profit margins on hardware products to expand its user base, thereby growing its internet services revenue. Strategic partnerships and investments in technology companies further enhance its revenue streams, enabling Xiaomi to maintain a competitive edge in the global technology market.

Xiaomi Financial Statement Overview

Summary

Xiaomi exhibits strong financial health with consistent revenue and profit growth, efficient cost management, and robust cash flow generation. The balance sheet is solid with low leverage, enhancing financial stability. However, negative cash flow from investing activities requires attention.

Income Statement

Xiaomi has demonstrated strong revenue growth, with a TTM revenue increase of 9.8% from the previous year. The gross profit margin and net profit margin are healthy at 21.2% and 7.6% respectively, indicating efficient cost management and profitability. The EBIT and EBITDA margins are also robust at 8.4% and 8.3%, suggesting strong operational performance. The company has shown consistent growth in profitability over the past years, which is a positive indicator.

Balance Sheet

The balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.13, showcasing financial prudence. The equity ratio stands at 53.2%, indicating a strong capital structure. Return on equity is impressive at 12.7%, reflecting efficient use of shareholder funds. The company's liabilities are well-covered by its equity, suggesting financial stability.

Cash Flow

Xiaomi's cash flow statement shows a strong free cash flow growth rate, driven by a significant increase in operating cash flow. The operating cash flow to net income ratio is 1.75, indicating healthy cash generation relative to profits. The free cash flow to net income ratio is 1.82, reflecting strong cash conversion. However, the cash flow from investing activities is negative, which could impact future liquidity if not managed carefully.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	401.69B	365.91B	270.97B	280.04B	328.31B	245.87B
Gross Profit	85.14B	76.56B	57.48B	47.58B	58.26B	36.75B
EBITDA	33.16B	29.49B	28.40B	8.77B	30.32B	26.71B
Net Income	30.40B	23.66B	17.48B	2.47B	19.34B	20.36B
Balance Sheet
Total Assets	264.20B	403.16B	324.25B	273.51B	292.89B	253.68B
Cash, Cash Equivalents and Short-Term Investments	71.24B	101.77B	107.83B	67.78B	86.17B	95.53B
Total Debt	22.46B	36.01B	29.83B	26.06B	30.68B	18.48B
Total Liabilities	115.82B	213.95B	159.99B	129.58B	155.46B	129.67B
Stockholders Equity	148.10B	188.74B	164.00B	143.66B	137.21B	123.69B
Cash Flow
Free Cash Flow	48.13B	32.00B	35.03B	-10.19B	2.62B	18.85B
Operating Cash Flow	53.09B	39.30B	41.30B	-4.39B	9.79B	21.88B
Investing Cash Flow	-36.18B	-35.39B	-35.17B	15.55B	-45.01B	-17.68B
Financing Cash Flow	34.19B	-4.00B	-504.97M	-7.85B	4.50B	26.22B

Xiaomi Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 57.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1810, the sentiment is Positive. The current price of 57.4 is above the 20-day moving average (MA) of 56.03, above the 50-day MA of 53.43, and above the 200-day MA of 40.31, indicating a bullish trend. The MACD of 1.56 indicates Positive momentum. The RSI at 56.75 is Neutral, neither overbought nor oversold. The STOCH value of 35.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1810.

Xiaomi Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1810	78 Outperform	HK$1.52T	43.71	14.98%	―	38.46%	72.44%
Sector *	61 Neutral	€9.77B	17.18	3.87%	1.74%	4.38%	-25.22%
SWDHF		$740.95M	13.13	3.12%	2.28%	―	―
TCLHF		$3.26B	14.01	10.36%	1.55%	―	―

Xiaomi Corporate Events

Xiaomi Corporation Announces Successful AGM Resolutions

Xiaomi Corporation announced the successful passing of all ordinary resolutions at its Annual General Meeting held on June 5, 2025. Key resolutions included the re-election of directors, authorization of directors’ remuneration, and the re-appointment of PricewaterhouseCoopers as auditors. These decisions reflect Xiaomi’s commitment to maintaining strong governance and operational stability, which could positively impact its market positioning and stakeholder confidence.

The most recent analyst rating on (HK:1810) stock is a Hold with a HK$60.00 price target. To see the full list of analyst forecasts on Xiaomi stock, see the HK:1810 Stock Forecast page.

Xiaomi Announces Share Awards to Boost Employee Engagement

Xiaomi Corporation announced the grant of 30,827,078 Award Shares to 1,615 participants, including employees and service providers, under its 2023 Share Scheme. Additionally, 1,423,271 XMHK Options were granted to four employees under the 2024 Xiaomi HK Share Scheme. This initiative aims to align employee performance with company goals, featuring a time-based vesting schedule and a clawback mechanism to ensure adherence to company policies. The move is expected to enhance employee motivation and retention, potentially strengthening Xiaomi’s competitive position in the technology sector.

The most recent analyst rating on (HK:1810) stock is a Hold with a HK$60.00 price target. To see the full list of analyst forecasts on Xiaomi stock, see the HK:1810 Stock Forecast page.

Xiaomi Reports Record Q1 2025 Financial Results with Strong Growth in Revenue and Profit

Xiaomi Corporation announced record-high financial results for the first quarter of 2025, with total revenue reaching RMB111.3 billion, a 47.4% increase year-over-year. The company’s strategic focus on ‘Human × Car × Home’ has led to significant growth in its smartphone and AIoT segments, maintaining its top 3 global smartphone shipment ranking. Xiaomi’s commitment to technological advancement is evident in its increased R&D investments and the unveiling of its first self-developed flagship processor, Xiaomi XRING O1. The company continues to expand its product offerings and user ecosystem, with notable achievements in global smartphone shipments and connected IoT devices.

The most recent analyst rating on (HK:1810) stock is a Hold with a HK$60.00 price target. To see the full list of analyst forecasts on Xiaomi stock, see the HK:1810 Stock Forecast page.

Xiaomi Schedules Board Meeting to Review Q1 2025 Results

Xiaomi Corporation has announced that its board of directors will meet on May 27, 2025, to review and approve the unaudited consolidated first quarterly results for the period ending March 31, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the year.

Xiaomi Announces 2025 Annual General Meeting Agenda

Xiaomi Corporation has announced its upcoming annual general meeting scheduled for June 5, 2025, in Beijing, China. The meeting will address several key agenda items including the re-election of board members, approval of directors’ remuneration, and re-appointment of PricewaterhouseCoopers as the company’s auditor. Additionally, shareholders will consider resolutions related to the purchase of company shares and the issuance of Class B shares, which could impact the company’s stock market activities and shareholder value.