Education
About Us
Working with TipRanks
Follow Us
Xiaomi Corp. Unsponsored ADR Class B (XIACY)
OTHER OTC:XIACY
RESEARCH TOOLSreports
Top Page
Xiaomi Corp. Unsponsored ADR Class B
(OTC:XIACY)
79Outperform
Xiaomi Corp. Unsponsored ADR Class B (XIACY) vs. S&P 500 (SPY)
Market Cap
$170.69B
Dividend YieldN/A
Average Volume (3M)1.03M
Price to Earnings (P/E)63.1
Beta (1Y)0.83
Revenue Growth22.66%
EPS Growth19.25%
CountryUS
Employees32,543
SectorTechnology
Sector Strength45
IndustryHardware & Equipment
Share Statistics
EPS (TTM)0.54
Shares Outstanding4,119,081,000
10 Day Avg. Volume1,749,415
30 Day Avg. Volume1,031,722
Financial Highlights & Ratios
PEG Ratio3.28
Price to Book (P/B)N/A
Price to Sales (P/S)0.77
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$40.00Price Target Upside17.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Xiaomi Corp. Unsponsored ADR Class B Business Overview & Revenue Model
Company DescriptionXiaomi Corporation, a leading global consumer electronics and smart manufacturing company, is renowned for its innovative and high-quality products, including smartphones, home appliances, and Internet of Things (IoT) devices. The company operates in multiple sectors such as telecommunications, technology, and consumer electronics, offering a wide array of products that cater to the digital lifestyle. Xiaomi's core philosophy revolves around producing high-performance gadgets at competitive prices, which has helped it establish a strong presence in numerous international markets.
How the Company Makes MoneyXiaomi Corp. primarily generates revenue through its diverse product lineup, with smartphones being the largest contributor. The company employs a strategy of high-volume, low-margin sales, allowing it to offer feature-rich devices at competitive prices and capture significant market share globally. Additionally, Xiaomi derives income from its ecosystem of Internet of Things (IoT) and lifestyle products, which includes smart TVs, wearables, and home appliances. Beyond hardware, Xiaomi also earns revenue from internet services such as advertising, gaming, and fintech services, leveraging its extensive user base. Strategic partnerships and investments in other technology firms further enhance the company's financial performance, creating a robust and diversified revenue model.
Xiaomi Corp. Unsponsored ADR Class B Financial Statement Overview
Summary
Xiaomi Corp. demonstrates strong financial performance, particularly in cash flow generation and balance sheet stability. Despite inconsistent revenue growth, profitability metrics have improved, indicating better operational efficiency. The company maintains a solid equity base and manageable debt levels, supporting future growth.Income Statement
The company exhibits strong gross profit margins and has shown a significant improvement in EBIT and EBITDA margins in the latest year. Revenue growth has been inconsistent, with a decline in recent years. However, net profit margins have improved significantly, indicating better cost management and efficiency.78
Positive
Balance Sheet
Xiaomi Corp. maintains a solid equity base with a favorable debt-to-equity ratio, indicating prudent financial management. The equity ratio is strong, reflecting a stable asset structure supported by shareholder equity. However, there is a moderate level of liabilities that should be monitored.82
Very Positive
Cash Flow
The company's cash flow dynamics have improved considerably, showcasing strong operating cash flow and a turnaround in free cash flow growth. The operating cash flow to net income ratio is robust, indicating efficient cash generation relative to earnings.85
Very Positive
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 330.14B | 270.97B | 280.04B | 328.31B | 245.87B | 205.84B | Gross Profit |
| 69.72B | 57.48B | 47.58B | 58.26B | 36.75B | 28.55B | EBIT |
| 21.74B | 20.01B | 7.05B | 26.03B | 11.82B | 8.49B | EBITDA |
| 23.08B | 28.40B | 8.77B | 24.28B | 13.53B | 9.87B | Net Income Common Stockholders |
| 19.36B | 17.48B | 2.47B | 19.34B | 20.36B | 10.04B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 107.71B | 107.83B | 67.78B | 86.17B | 95.53B | 63.91B | Total Assets |
| 324.25B | 324.25B | 273.51B | 292.89B | 253.68B | 183.63B | Total Debt |
| 29.83B | 29.83B | 26.06B | 30.68B | 18.48B | 18.58B | Net Debt |
| -3.81B | -3.81B | -1.55B | 7.17B | -36.28B | -7.34B | Total Liabilities |
| 159.99B | 159.99B | 129.58B | 155.46B | 129.67B | 101.97B | Stockholders Equity |
| 164.00B | 164.00B | 143.66B | 137.21B | 123.69B | 81.33B |
| Cash Flow | Free Cash Flow | ||||
| 16.93B | 35.03B | -10.19B | 2.62B | 18.85B | 20.41B | Operating Cash Flow |
| 23.20B | 41.30B | -4.39B | 9.79B | 21.88B | 23.81B | Investing Cash Flow |
| -12.17B | -35.17B | 15.55B | -45.01B | -17.68B | -31.57B | Financing Cash Flow |
| -3.06B | -504.97M | -7.85B | 4.50B | 26.22B | 3.12B |
Xiaomi Corp. Unsponsored ADR Class B Technical Analysis
Positive
34.02
Price Trends
26.97
Positive
22.52
Positive
17.17
Positive
Market Momentum
2.35
Positive
65.19
Neutral
61.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XIACY, the sentiment is Positive. The current price of 34.02 is above the 20-day moving average (MA) of 32.45, above the 50-day MA of 26.97, and above the 200-day MA of 17.17, indicating a bullish trend. The MACD of 2.35 indicates Positive momentum. The RSI at 65.19 is Neutral, neither overbought nor oversold. The STOCH value of 61.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for XIACY.
Xiaomi Corp. Unsponsored ADR Class B Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $170.69B | 63.11 | 11.40% | ― | 22.66% | 19.25% | |
79 Outperform | $143.93B | 19.59 | 14.40% | 0.40% | 1.77% | 18.85% | |
74 Outperform | $3.32T | 36.16 | 136.52% | 0.42% | 2.61% | -2.14% | |
74 Outperform | $2.03T | 21.62 | 32.91% | 0.36% | 13.89% | 38.99% | |
73 Outperform | $2.08T | 35.60 | 24.29% | ― | 10.99% | 91.61% | |
58 Neutral | $21.35B | 10.05 | -19.26% | 2.35% | 5.02% | -22.63% |
* Technology Sector Average
Performance Comparison
XIACY
Xiaomi Corp. Unsponsored ADR Class B
34.68
25.14
263.52%
AMZN
Amazon
196.59
21.20
12.09%
AAPL
Apple
220.84
48.42
28.08%
GOOGL
Alphabet Class A
164.04
26.20
19.01%
SONY
Sony Group
22.95
5.50
31.52%
Xiaomi Corp. Unsponsored ADR Class B Earnings Call Summary
Earnings Call Date: Nov 18, 2024 | % Change Since: 89.21% | Next Earnings Date: Mar 18, 2025
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.Highlights
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.
Lowlights
Increased Costs and Competition
Faced with fierce competition and higher supply chain costs, although maintaining stable growth.
Innovative Business Losses
Losses in the innovative business narrowed to CNY 1.5 billion, despite efforts to enhance profitability.
Automobile Business Expenses
Heavy investment in the automobile business with R&D expenses contributing to total expenses of CNY 13.7 billion.
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.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.