Xiaomi Records a 64% Increase in Revenue in H1 2021Xiaomi mainly benefited from its continuous expansion of the user scale in key overseas markets and the establishment of extensive and in-depth cooperation with the world's leading Internet companies.
Xiaomi published its Q2 2021 financial results on August 25 2021. It is worth mentioning that the total revenue and adjusted net profit of the firm reached a record high in a single quarter.
- Total revenue in the quarter was CNY 87.8 billion, a year-on-year increase of 64.0%.
- Operating profit was CNY 8.3 billion, up 83.9% year-on-year.
- The adjusted net profit was CNY 6.3 billion, a year-on-year increase of 87.4%.
- Revenue from smartphone business reached CNY 59.1 billion, a year-on-year increase of 86.8%.
- Internet service revenue reached CNY 7 billion, a year-on-year increase of 19.1%.
- Revenue generated by advertisement reached CNY 4.5 billion, up 46.2% year-on-year.
- Revenue from the firm's game segment was CNY 900 million, a year-on-year decrease of 10.7%.
- The revenue from other value-added services was CNY 1.6 billion, a year-on-year decrease of 10.3%.
- Overseas Internet service revenue was recorded CNY 1.1 billion, a year-on-year increase of 96.8%, accounting for 15.6% of the overall Internet service revenue.
- From a subregional perspective, in the second quarter of 2021, the overseas market revenue of Xiaomi group reached CNY 43.6 billion, an increase of 81.6% year-on-year. Xiaomi group ranked second in global smartphone shipments for the first time, with a market share of 16.7%.
- Xiaomi group ranked first in the smartphone market share in Europe for the first time, reaching 28.5%. The market share of smartphones in India ranked first for 15 consecutive quarters. Smartphone shipments in Latin America increased by 324.4% year-on-year, ranking among the top three. The market share of smartphones in the Middle East and Africa was 20.9% and 8.5% respectively.
- The R&D expenditure of the Xiaomi group reached CNY 3.1 billion, a year-on-year increase of 56.5%.
- The sales and promotion expenditure was CNY 5.7 billion, a year-on-year increase of 36.4%.
Adding the previous quarter, in the first half of 2021, Xiaomi's revenue was CNY 164.67 billion, up 59.5% year-on-year. The gross profit was CNY 29.3 billion, a year-on-year increase of 92.1%. The adjusted net profit was CNY 12.39 billion, a year-on-year increase of 118.4%. As of June 30, 2021, the number of outlets in the China mainland has reached more than 7600.
Xiaomi
EO500 Tracker: Xiaomi Boosts Overseas Sales Amid COVID-19Among the 45 largest (by market cap) publicly traded EO500 companies, 16 firms saw their overseas revenues increasing in 2020. In this regard, BYD, Xiaomi and Tencent were among the best performers, with year-on-year growth of 203%, 34% and 103% respectively.
Xiaomi (01810:HK), established in 2010, has emerged as a top consumer electronics brand. The company offers numerous products like smartphones, laptops and smart home products, garnering support in more than 100 countries and regions around the world.
With a large share of many European and Asian countries' markets, its overseas revenue increased steadily amid the epidemic from CNY 91.2 billion to CNY 122.4 billion, accounting for 49.8% of total revenue.
In June 2021, the firm's global mobile phone market share rose to 17.1%, overtaking Samsung (15.7%) and Apple (14.3%). Meanwhile, its mobile phone sales grew by 26% on the back of Huawei's decline and prioritization of 4G and 5G-enabled smartphones, marking it the fastest-growing brand for the month.
Short or Long. Entry and Exit pointsAs mentioned in the previous analysis we reach first target and go to the moon with companies BTC acceptance . (this episode Xiaomi) :xd
I marked and write down on chart all important point that we have to pay attention for them .
Generally i choose long for Stellar BINANCE:XLMUSDT .
Also write your idea and If you agree with me please like and share. Thanks.
Have a good Trades.
Xiaomi Expects to Invest Over CNY 13 Bn in R&D in 2021Xiaomi's official Weibo showed that the company's investment in technology research and development (R&D) had increased steadily over the past two years.
On August 8, Xiaomi officially announced that its investment in R&D has increased at a compound annual growth rate of 30% in the past two years. In addition to wired and wireless fast charging, the company also has layout and output in chips.
As early as February 2021, Lei Jun, Xiaomi's founder, revealed that the firm had invested CNY 10 billion in R&D in 2020. In 2021, Xiaomi will continue to maintain a high investment in R&D, which is expected to increase by 30% to 40% (about CNY 13 billion to CNY 14 billion).
The financial report shows that in 2020, the company invested CNY 9.3 billion in R&D, with a year-on-year growth of 23.5%. In the first quarter of 2021, its R&D expenditure was CNY 3 billion, representing an increase of 61%.
Although Xiaomi's R&D investment still lags behind some leading mobile phone manufacturers such as Apple, Huawei and Samsung, the firm's sales are impressive since 2021.
The Canalys report shows that in Q2 2021, the global smartphone shipments were about 316 million units, with a month-on-month decrease of 9%. Among them, Xiaomi ranked second with shipments of 52.8 million units, showing a year-on-year growth of 83%. This is also the first time that the company ranked second in terms of shipments.
On August 5, a report released by Counterpoint Research, a data research firm, showed that in June 2021, Xiaomi's global mobile phone market share rose to 17.1%, surpassing Samsung (15.7%) and Apple (14.3%), ranking first in the world. Meanwhile, its mobile phone sales grew by 26%, making it the fastest-growing brand for the month.
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Breakout Quarter: Xiaomi is Growing Astonishingly in Q2 20215G devices' sales in China are growing fast.
On July 6, market research firm Strategy Analytics reported that Chinese brands including OPPO, vivo and Xiaomi have reached a staggering number of sales – around USD 15 billion – in Q1 2021, twice that of LTE in the same period.
Data shows that Chinese smartphone manufacturers are rapidly transforming from 4G to 5G. As high-end devices shift towards 5G, the market size of LTE mobile phones has shrunk by 50% in the past quarter.
According to the report, the revenue for 5G achieved an over 500% growth in Q1 2021. Shipment volume to the Chinese market rose 35% year-on-year, compared with the global average of 24%. However, Apple still led in the shipments and revenue of 5G, plus the 4G LTE devices.
In the global top-10 list by revenue for 5G, there are seven Chinese vendors, but in terms of consumers' willingness, they are not yet comparable to high-end brands such as Apple and Samsung.
Chinese manufacturers are bringing higher value to the international market, which forces other brands to improve their mid-range product portfolio.
XIAOMI (3CP)There are investments that have nothing to do with the chart, with technical analysis. Obviously, you keep an eye out to check that things are not too bad (or too good) to try to get into the best time. And this is where technical analysis once again proves to be very important.
I had decided to invest in Xiaomi already in January, following the budgets, the price/earnings ratio, the cashflow, constantly growing.
Not to mention that touching the products first hand, you can see the incredible growth that the Chinese company from Beijing in terms of quality.
There are already those who call it "the Chinese Apple" and in my opinion rightly so.
Collaboration with various automotive companies, expansion of the tech sector, investment in 5G, in artificial intelligence.
All things that let us think about possible growth.
Obviously, the government problems with the United States do not help, Xiaomi currently delisted from the Nasdaq, due to the ban, therefore only available in Honk Kong or Frankfurt (the market I have chosen).
I don't think the tense situation can go on much longer.
A possible relaxation agreement would lead the stock to grow as it should.
Returning to the technical analysis: in January the price action was definitely too extended, I was expecting a pullback that actually took place on January 14-15.
I was tempted to enter but seeing the trend of the Nasdaq which began to lose points and the relative proximity of the earnings of March, I decided to wait until the end of March.
In the meantime, the bearish phase continued its path up to the SMA 200, which coincided with an important level of volumetric analysis (I mention it in an image, these are analyzes that I will reserve for the private group, which go a little deeper ).
The day after the Earnings came out, I bought the shares.
From an analytical point of view, the first target is € 3
Second target € 3.8-4
The potential for growth is very high in my opinion, so this for me is a long-term investment, with possible multiple exits and entries over time (which is the way I prefer to operate).
LazyBull
1810 (Xiaomi) SELL FIRST!! BUY/LONG at 15.00 to rise to 41.20!TICKER CODE: 1810
Company Name: Xiaomi Corp
Industry: Technology | Consumer Electronics| Hong Kong
Position Proposed: SELL
Technical Analysis
1. Rising Wedge / Pennant (Forming)
2. Fibonacci Exhaustion Level at Final Peaked 4.236
3. Potential to reach Fibonacci Retracement to reach 0.786 after Flagpole completes
4. Potential Break and Retest of Area of Confluence with 1 Trendline and Horizontal Resistance
5. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOT READY (15.00-16.00)
1st Partial Take Profit: 41.20 (End 2021)
2nd Partial Take Profit: 57.65 (Early-Mid 2022)
Stop Loss: 11.00
Trading Idea - XiaomiTo be clear! To me this is one of the most difficult analyzes at this point in time!
BUY LIMIT
Entry: 2.20 EUR
Target 1: 2.90 EUR
Target 2: 3.10 EUR
Target 3: 3.60 EUR
1.) Xiaomi shares are sinking after the US government added the smartphone group to an investment blacklist, in a move that is likely to thin its ranks of American shareholders. (Jan. 2021)
2.) (Reuters) - Samsung Electronics Co Ltd reclaimed its crown as the world's biggest smartphone maker from Apple in the first quarter, cornering a fifth of overall global shipments. China's Xiaomi Corp rounded out the top three positions with its best quarterly performance ever as shipments surged 62% to 49 million phones and its market share rose to 14%, market research firm Canalys said.
3.) Xiaomi announced to spend 1.5 Billion USD in New Smart Electric Vehicle Unit. Usually this is the news that triggers a hype. Xiaomi shares remained unaffected. Not a good sign.
4.) From a technical point of view, there is still a small way down. The support line is there (2.20 EUR), but it would have to hold a second time for the stock to attempt a second upward attack.
XIAOMI ready for a positive cycle?An important week for Xiaomi (3CP on the Frankfurt stock exchange).
The price of the Chinese giant, after consolidating and lateralizing for a month, breaks the bearish trendline and prepares for a possible new positive cycle.
As for me, it is the Chinese Tech company, together with Baidu, which I think is more interesting in terms of future growth.
The quality of the products has grown exponentially and the opening of stores will certainly continue at the end of the pandemic, in Europe.
As for the medium term, my targets are the following:
1 target: € 3.39
2 target: € 3.85
Should the breakout fail, the support trendline is the first place to increase the position for long-term investors.
Lazy Bull
Xiaomi Golden Cross - An upward trend?Apart from all the politics and fundamentals, technical set up shows that 50MA crossed the 200MA and a Golden Cross occured.
This "can be" the start of another bullish trend IMO.
I like Xiaomi products and use them extensively. They improved the quality over the past years.
I think they still have much room to climb. In general I am very positive about the stock.
Of course, this is just one indicator. Overall market sentiment and fundamentals should support this thesis.
I wouldn't invest just looking at the technicals in this volatile market.
I recommend you to take into account other indicators as well and doing your own DD.
Not an investment advice. These are just my opinions on the probability.
XIAOMIXiaomi Corp was likely to be included on indices again, S&P Dow Jones Indices said after a federal judge suspended a U.S. investment ban in the company on the grounds it has ties to China’s military.
Xiaomi is wading into electric vehicles with a $10bn investment over ten years. Their goal is to provide quality smart electric vehicles. The company will be entering a fiercely competitive electric car market that also includes rivals Apple and Huawei.
Technically, the company's shares are currently trading near the resistance zone. If it breaks the 23.6% Fibonacci level and takes hold above it, the price will likely exceed ATH in the mid-term.
Best regards, EXCAVO
Will the Xiaomi share go up again?The Xiaomi shares lost close to 23% of its value since 5th January 2021. Investors are a bit insecure because of some bad news during the past weeks. The USA put Xiaomi on a blacklist, which means that Americans will be banned from buying the shares. Furthermore, there is is a problem with the latest mobile, launched on 8th February 2021. Apparently, the problem has something to do with the battery. Those news are the reason for the dip. In a long-term scenario, the stock will most likely go up again, as the sales figures are rising. Xiaomi will resolve the problem with the phone and as Americans don't hold a lot of shares from Xiaomi, the development will not have a great impact on the long-term trend of the share price. Additionally, the company reached some solidly financial results and has a great philosophy. Long-term investors who are holding Xiaomi shares shouldn't be concerned with the latest development, even though the share price will very likely fall somewhat initially. Also, the next days or weeks might be a good chance to get in and buy some Xiaomi shares.
Xiaomi - Looking to Break out!Xiaomi is manufacturer for IOT products which syncs great with Apple or Android Devices.
Currently its trading below the 50MA and is oversold at the moment.
Support at around the 26.5-27 HKD region with the 2nd support at 22.85-23 region (close to the 200MA)
The Wedge pattern is also close to the support region and a rebound is expected.
this post as a great buying opportunity for as technology has been a major push / driver on a post COVID19 world.
Pros
Benefit greatly from the US / China Huawei Ban.
Cost effective & quality products with IOT. Enhancing everyday users lifestyle at wallet friendly pricing.
Single app interface to control all the products
Company is on full growth model mode by not pushing on product cost
NEW CFO appointed on 26 Aug 2020 with 20 years of investment banking experience & serve previouslyas a managing director and the head of technology, media, and telecom in the investment banking and capital markets department of Credit Suisse in the Asia Pacific.
Cons
With the recent investment ban in US, share price has been pushed lower but take note its a ban on investing on the company, not a Full Ban on doing with US Business (unlike Huawei), they are in the mist of trying to resolve but should not post much of a issue.
3 May 2021 Target Price Low - 35
3 May 2021 Target Price High - 39
Disclaimer - Invest at your own risk!
Xiaomi is oversold, could see short-term bounce soon! Xiaomi is oversold, last fibo retracement has shown that price hit -27% target and -62% target already. Buyers will think it is a good time to chip in and at least potential target could be set the horizontal pullback resistance. Uncertainties still remain for xiaomi since Trump put Xiaomi in the military list, but short-term bounce could be possible towards our target!
XIAOMI price is likely to extend the channel riseAfter the december 2 oversold, XIAOMI price showed a narrow path of upward trend, and by the Fib speed resistance fan can be found that the stock price fluctuations are all within the upper and lower 0.25 line rise.
There is also a good chance that XIAOMI price will show an upward trend in the future, with the turning point likely to be when the share price steps down and crosses the 0.382 line below, and it is recommended to focus on stopping the loss in time when the share price crosses the 0.25 line below
Disclaimer: Nothing contained in this idea and analysis should be construed as investment advice. Past performance is not necessarily indicative of future results.