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Xiaomi Corp. Unsponsored ADR Class B (XIACY)
OTHER OTC:XIACY
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Earnings Data
Report Date
Mar 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.14Last Year’s EPS
0.13Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 19, 2018
|% Change Since: 36.71%
|Next Earnings Date:Aug 22, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth across various segments, including IoT, home appliances, and handsets, supported by successful premiumization and global market expansion. However, challenges such as increased competition, supply chain costs, and substantial investments in the automobile business were also noted.Company Guidance
During Xiaomi Corporation's Q3 2024 earnings call, the company reported a total revenue of CNY 92.5 billion, marking a 31% year-over-year increase, with the handset IoT core business contributing CNY 82.8 billion and achieving a gross margin of 20.4%. The company's total profit, after adjustments, was CNY 6.3 billion. Xiaomi's smartphone segment revenue reached CNY 47.5 billion, with a market share increase in Mainland China to 14.7%. The IoT and home appliance segments also saw robust growth with revenues of CNY 26.1 billion, reflecting a 20% increase. Additionally, the Xiaomi 15 series, a key premiumization strategy, showed strong demand, contributing to a 13.9% revenue growth in the CNY 4,000 to CNY 5,000 price range. The company highlighted impressive vehicle sales, reporting 40,000 SU7 units delivered and targeting 130,000 total deliveries for 2024, with automotive revenue at CNY 0.7 billion. Global active users of Xiaomi's internet services reached 686 million, while cash reserves grew to CNY 151.6 billion. The company continues to focus on strategic expansion in offline retail and global markets, with plans to exceed 15,000 offline retail shops by year-end.Record Revenue Growth
Total revenue for Q3 reached CNY 92.5 billion, marking a 30.5% increase. This is the first quarter exceeding CNY 90 billion.
Impressive IoT and Home Appliance Growth
IoT and Home Appliance revenue grew by 20%, reaching CNY 26.1 billion. Aircon delivery increased by 55%, fridges by 20%, and washers by more than 50%.
Strong Market Position in Handsets
Xiaomi ranked #3 globally in handset delivery for 17 consecutive quarters. In Mainland China, market share increased to 14.7%.
Successful Premiumization Strategy
Xiaomi 15 series saw its selling price increase from CNY 4,000 to CNY 4,499 with strong demand. High-end smart handset delivery in China increased to 21.3% of total, up 3.9 percentage points.
Global Expansion and Brand Recognition
Ranked #3 in handset delivery in 52 countries. Total active users globally reached 686 million, with 168 million in China.
Automobile Business Achievements
SU7 delivery volume reached 40,000, with October sales of sedans ranked #1. Production of 100,000 units was completed in just 230 days.
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Xiaomi Corp. Unsponsored ADR Class B (XIACY) Earnings, Revenues Date & History
XIACY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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XIACY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 18, 2024 | $17.98 | $18.50 | +2.89% |
| Aug 21, 2024 | $11.35 | $11.24 | -0.97% |
| May 23, 2024 | $12.45 | $12.13 | -2.57% |
| Mar 19, 2024 | $9.55 | $9.50 | -0.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Xiaomi Corp. Unsponsored ADR Class B (XIACY) report earnings?
Xiaomi Corp. Unsponsored ADR Class B (XIACY) is schdueled to report earning on Mar 25, 2025, TBA Not Confirmed.
What is Xiaomi Corp. Unsponsored ADR Class B (XIACY) earnings time?
Xiaomi Corp. Unsponsored ADR Class B (XIACY) earnings time is at Mar 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XIACY EPS forecast?
XIACY EPS forecast for the fiscal quarter 2024 (Q4) is 0.14.
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