I have fully exited Apple and have started accumulating Xiaomi during early April weakness. After only 4 quarters in operation, Xiaomi's EV business has exceeded my forecasts in volume and is growing rapidly. The segment is close to turning profitable on an operating level. Non-EV segments remain strong, with double-digit revenue growth and high-margin Internet Services, supporting Xiaomi's diversified business model and financial health.
Chinese smartphone maker Xiaomi has pulled off something Apple failed to do despite a decade-long attempt, and that's to make a car. Here's what helped Xiaomi overtake Apple's EV ambitions.
Xiaomi's Q1 2025 results shattered expectations, proving its evolution from a low-margin handset maker to a multi-industry growth engine with record revenue and margins. The integrated "Human x Car x Home" strategy is driving cross-category engagement, with smartphones, AIoT, and electric vehicles feeding into a sticky, monetizable ecosystem. Premium smartphone momentum, rapid IoT expansion, and a strong EV debut are fueling operating leverage, recurring revenue, and a robust balance sheet.
27 Aug 2025 (In 1 month) Date | | 0.24 Cons. EPS | - EPS |
21 May 2025 Date | | 1.42 Cons. EPS | 2.05 EPS |
17 Mar 2025 Date | | 1.25 Cons. EPS | 1.58 EPS |
18 Nov 2024 Date | | 1.09 Cons. EPS | 0.98 EPS |
27 Aug 2024 Date | | - Cons. EPS | - EPS |
27 Aug 2025 (In 1 month) Date | | 0.24 Cons. EPS | - EPS |
21 May 2025 Date | | 1.42 Cons. EPS | 2.05 EPS |
17 Mar 2025 Date | | 1.25 Cons. EPS | 1.58 EPS |
18 Nov 2024 Date | | 1.09 Cons. EPS | 0.98 EPS |
27 Aug 2024 Date | | - Cons. EPS | - EPS |
Consumer Electronics Industry | Technology Sector | Mr. Jun Lei CEO | OTC PINK Exchange | 98421U108 Cusip |
CN Country | 43,688 Employees | - Last Dividend | - Last Split | - IPO Date |
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a dynamic investment holding company that operates on a global scale, including in Mainland China. The company has diversified its offerings into multiple segments, creating a comprehensive ecosystem that encompasses hardware and software services. Its operations span across Smartphones, IoT and Lifestyle Products, Internet Services, and Other niches, each characterized by an innovative approach to integrating technology with daily life. Xiaomi's business model extends beyond product sales, encompassing advertising, internet value-added services, online gaming, fintech, and even smart electric vehicle ventures, positioning it as a multifaceted player in the tech industry.
The Smartphones segment is focused on the sale of various smartphones, catering to a wide range of consumers with its innovative designs and technology, fortifying Xiaomi's presence in the global mobile market.
This segment encompasses a broad array of products, including smart TVs, laptops, AI speakers, and smart routers. Xiaomi also offers a plethora of IoT products and smart hardware that integrate seamlessly into the modern lifestyle, along with lifestyle products, illustrating the company's commitment to creating a connected living environment.
Xiaomi's Internet Services segment delivers advertising and various internet value-added services. This includes engaging in the online gaming sector and branching into fintech, showcasing the company's adaptability and focus on digital services that enhance user experience.
This diverse segment includes offering hardware repair services for Xiaomi products, installation services for specific IoT products, and more. It reveals Xiaomi's dedication to comprehensive customer service and product satisfaction.
Xiaomi engages in the wholesale and retail of smartphones and ecosystem partners' products. This not only includes the direct sale of its products but also stretches to the procurement and sale of smartphones, ecosystem partners’ products, and spare parts, along with the operation of retail stores. This broad distribution network ensures Xiaomi's strong market presence and accessibility to consumers.
Active in the development and sale of software and hardware, including television sets, Xiaomi is dedicated to innovation. This also extends to the procurement of raw materials, underlining the company's involvement in the entire product lifecycle, from concept to consumer.
Through providing advertising and promotion services, Xiaomi supports its products with strong marketing efforts to ensure they reach a wide audience and achieve substantial market penetration.
With a keen eye on growth and expansion, Xiaomi is involved in investment and commercial factoring activities, illustrating its financial acumen and strategic investments to foster broader business objectives.
Engaging in e-commerce business, electronic payment technology services, and even the sale of e-books, Xiaomi leverages digital platforms to enhance accessibility and convenience for users, simultaneously broadening its revenue streams.
Offering technical services, including integrated circuit chip design services and support for IoT product installations, Xiaomi underscores its commitment to leading-edge technology and superior user experience.
Branching into the smart electric vehicle business, Xiaomi is extending its technology and innovation prowess into the automotive industry, signaling its ambition and visionary approach towards future mobility solutions.