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Xiaomi Corp Class B (XIACF)
OTHER OTC:XIACF
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
0.02Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 18, 2025
|% Change Since: -6.76%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Xiaomi's impressive growth in revenue and net profit, driven by strong performance in the mobile phone and IoT segments, as well as strategic investments in R&D and AI. Despite some challenges in component pricing and overseas market adjustments, the overall sentiment is positive, with significant achievements in product performance and market expansion.Company Guidance
During the Xiaomi 2024 Annual Results call, the company reported significant growth across various metrics. Xiaomi achieved a new historical high in total revenue, reaching JPY365.9 billion, marking a 35% year-on-year increase. The adjusted net profit also hit a record high of JPY27.2 billion, reflecting a 41% increase from the previous year. In the mobile phone segment, shipments rose by over 15% year-on-year, maintaining its position in the top three globally with a market share of 13.8%. The IoT business saw substantial growth, with tablet shipments increasing by more than 70% and revenue from IoT and consumer products exceeding RMB100 billion for the first time. Xiaomi's premiumization strategy led to a tripling of its market share in the mobile phone price range of JPY4,000 to JPY6,000 over five years. The company's R&D investment in 2024 was JPY24.1 billion, with plans to increase it to JPY30 billion in 2025. Additionally, Xiaomi's automobile business generated RMB32.8 billion in revenue, and the company aims to deliver 350,000 new cars in 2025. The internet services segment also performed well, with global monthly active users surpassing 700 million, and revenue reaching RMB34.1 billion. Xiaomi's management emphasized their commitment to continued growth through technological innovation, high-end development, and expanded retail presence, both domestically and internationally.Record-Breaking Revenue and Growth
In 2024, Xiaomi Group achieved a new historical high in both annual revenue and net profit. Total revenue reached JPY365.9 billion, a year-on-year increase of 35%, while adjusted net profit reached JPY27.2 billion, marking a 41% increase.
Strong Performance in Mobile Phone Segment
Xiaomi's mobile phone shipments increased by more than 15% year-on-year, maintaining a top-three global market share for 18 consecutive quarters. The global market share increased by 1 percentage point to 13.8%.
IoT and Consumer Products Growth
The IoT and consumer products segment exceeded RMB100 billion for the first time, with a 30% year-on-year increase. The gross profit margin reached a new high of 20.3%, reflecting a 3.9 percentage point increase.
AI and R&D Investment
Xiaomi's R&D investment for 2024 was JPY24.1 billion, with a projected increase to JPY30 billion in 2025. A significant portion is allocated to AI development, highlighting Xiaomi's commitment to technological innovation.
Expansion of Xiaomi Home Stores
By the end of 2024, Xiaomi established approximately 15,000 Xiaomi Home stores and 200 automobile sales stores in China. The company plans to add 5,000 more stores in China and 500 overseas stores.
Successful High-End Strategy
Xiaomi's high-end products, including the Xiaomi 15 Ultra and Xiaomi SU7 Ultra, have shown outstanding performance, with the SU7 Ultra exceeding 10,000 locked-in orders in less than three days.
Internet Services Revenue Growth
Xiaomi's Internet services revenue reached a new high of RMB34.1 billion, a year-on-year increase of 13.33%. The gross profit margin increased by 2.5 percentage points to 76.6%.
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XIACF 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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XIACF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 18, 2025 | $7.40 | $7.74 | +4.59% |
| Nov 18, 2024 | $3.57 | $3.81 | +6.72% |
| Aug 21, 2024 | $2.28 | $2.35 | +3.07% |
| May 23, 2024 | $2.46 | $2.41 | -2.03% |
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 Class B (XIACF) report earnings?
Xiaomi Corp Class B (XIACF) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Xiaomi Corp Class B (XIACF) earnings time?
Xiaomi Corp Class B (XIACF) earnings time is at May 21, 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 XIACF EPS forecast?
XIACF EPS forecast for the fiscal quarter 2025 (Q1) is 0.04.
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