Xiaomi (1810) AI Stock Analysis

• Market Cap: $1.48T
• Dividend Yield: N/A
• Average Volume (3M): 139.28M
• Price to Earnings (P/E): 35.7
• Beta (1Y): 0.99
• Revenue Growth: 38.60%
• EPS Growth: 94.11%
• Country: HK
• Employees: 43,688
• Sector: Technology
• Sector Strength: 88
• Industry: Consumer Electronics
• EPS (TTM): 0.49
• Shares Outstanding: 21,509,621,000
• 10 Day Avg. Volume: 144,342,397
• 30 Day Avg. Volume: 139,280,852
• PEG Ratio: 0.92
• Price to Book (P/B): 4.37
• Price to Sales (P/S): 2.25
• P/FCF Ratio: 25.76
• Enterprise Value/Market Cap: 1.02
• Enterprise Value/Revenue: 3.52
• Enterprise Value/Gross Profit: 16.26
• Enterprise Value/Ebitda: 39.61
• 1Y Price Target: $66.74
• Price Target Upside: 17.71% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 15

• Rating: 79 Outperform
• Price Target: HK$63.00 ▲(11.11% Upside)

Xiaomi's strong financial performance and positive earnings call sentiment are the most significant factors contributing to its overall score. While the technical analysis suggests some short-term volatility, the company's robust growth in key segments and market share gains provide a solid foundation. The high P/E ratio indicates potential overvaluation, which slightly tempers the overall score.

Positive Factors

Negative Factors

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 the largest portion of its revenue. The company offers a range of smartphones, catering to different market segments from budget to premium models. In addition to smartphones, Xiaomi generates revenue from its IoT and lifestyle products, which include smart TVs, fitness bands, smart home appliances, and other consumer electronics. The company also earns from internet services such as advertising and gaming, leveraging its MIUI operating system to provide a platform for these services. Strategic partnerships and collaborations with other technology companies and retail partners play a significant role in Xiaomi's distribution and market penetration strategies, contributing to its revenue growth.

Xiaomi Financial Statement Overview

Summary

Xiaomi demonstrates a solid financial performance with strong revenue growth and profitability. The income statement shows consistent revenue growth and improved profit margins. The balance sheet is stable with low leverage, and the cash flow statement highlights robust cash generation, supporting future growth.

Income Statement

Xiaomi's income statement shows strong performance with a consistent revenue growth rate of 6.74% in the TTM period. The gross profit margin is healthy at 21.19%, and the net profit margin has improved to 7.57%, indicating effective cost management and profitability. The EBIT and EBITDA margins are also robust, reflecting efficient operations. Overall, the income statement indicates a positive growth trajectory and profitability.

Balance Sheet

The balance sheet is stable with a low debt-to-equity ratio of 0.13, suggesting prudent financial leverage. Return on equity is strong at 15.63%, indicating effective use of shareholder funds. The equity ratio is solid, reflecting a strong capital structure. However, the company should monitor its debt levels to maintain financial stability.

Cash Flow

Xiaomi's cash flow statement shows a significant improvement in free cash flow growth at 29.90% in the TTM period, indicating strong cash generation capabilities. The operating cash flow to net income ratio is healthy, and the free cash flow to net income ratio of 0.91 suggests efficient cash conversion. Overall, the cash flow position is strong, supporting the company's growth and operational needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	428.76B	365.91B	270.97B	280.04B	328.31B	245.87B
Gross Profit	92.84B	76.56B	57.48B	47.58B	58.26B	36.75B
EBITDA	38.11B	27.41B	28.40B	8.53B	30.32B	26.71B
Net Income	37.21B	23.66B	17.48B	2.47B	19.34B	20.36B
Balance Sheet
Total Assets	481.52B	403.16B	324.25B	273.51B	292.89B	253.68B
Cash, Cash Equivalents and Short-Term Investments	111.93B	101.77B	107.83B	67.78B	86.17B	95.53B
Total Debt	28.91B	36.01B	29.83B	26.06B	30.68B	18.48B
Total Liabilities	228.66B	213.95B	159.99B	129.58B	155.46B	129.67B
Stockholders Equity	252.47B	188.74B	164.00B	143.66B	137.21B	123.69B
Cash Flow
Free Cash Flow	62.52B	32.00B	35.03B	-10.19B	2.62B	18.85B
Operating Cash Flow	64.82B	39.30B	41.30B	-4.39B	9.79B	21.88B
Investing Cash Flow	-98.22B	-35.39B	-35.17B	15.55B	-45.01B	-17.68B
Financing Cash Flow	29.98B	-4.00B	-504.97M	-7.85B	4.50B	26.22B

Xiaomi Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 56.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 56.7 is above the 20-day moving average (MA) of 54.88, above the 50-day MA of 54.72, and above the 200-day MA of 48.09, indicating a bullish trend. The MACD of 0.79 indicates Negative momentum. The RSI at 58.31 is Neutral, neither overbought nor oversold. The STOCH value of 77.42 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	79 Outperform	$1.48T	35.69	17.46%	―	38.60%	94.11%
1070	72 Outperform	25.61B	11.40	0.00%	3.13%	21.26%	94.52%
0751	67 Neutral	7.91B	27.90	3.11%	1.91%	6.10%	-70.77%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Xiaomi Corporate Events

Xiaomi Announces Share and Option Grants to Boost Employee Engagement

Xiaomi Corporation announced the grant of 44,236,295 Award Shares to 2,496 selected participants, including employees and service providers, under its 2023 Share Scheme. Additionally, 248,300 XMHK Options were granted to two employees under the 2024 Xiaomi HK Share Scheme. These initiatives are part of Xiaomi’s strategic efforts to incentivize and retain talent, aligning employee performance with company goals, and potentially strengthening its market position by fostering a motivated workforce.

The most recent analyst rating on (HK:1810) stock is a Buy with a HK$67.50 price target. To see the full list of analyst forecasts on Xiaomi stock, see the HK:1810 Stock Forecast page.

Xiaomi Reports Record-High Q2 2025 Financial Results

Xiaomi Corporation announced record-high financial results for the second quarter of 2025, with a 30.5% year-over-year increase in revenue to RMB116.0 billion. The company’s smartphone and AIoT segment, as well as its smart EV and AI initiatives, contributed significantly to this growth. Xiaomi’s global smartphone shipments remained strong, and its user ecosystem expanded, with a notable increase in monthly active users and connected IoT devices. The company also emphasized its commitment to investing in core technologies, with a substantial rise in research and development expenses.

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.