Xiaomi Corp
HKEX:1810
Intrinsic Value
Xiaomi Corp. engages in the design, manufacture and sale of smartphone, hardware and software products. [ Read More ]
The intrinsic value of one Xiaomi Corp stock under the Base Case scenario is 16.67 HKD. Compared to the current market price of 14.88 HKD, Xiaomi Corp is Undervalued by 11%.
Valuation Backtest
Xiaomi Corp
Run backtest to discover the historical profit from buying and selling Xiaomi Corp stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Xiaomi's Strong Growth with Record Profits
2023-Q3 Earnings Call
Xiaomi has experienced significant growth, with a 27% quarter-on-quarter increase in global smartphone shipments, amounting to 41.8 million units. Profit margins have also risen notably, with the comprehensive gross profit margin reaching 22.7%, and smartphone profit margin hitting a record 16.6%. Internet services continue to thrive with global MIUI active users reaching 623 million, a 10.5% increase from the previous year. The adjusted net profit saw a 183% year-over-year surge to RMB 6 billion, while core business profit jumped 162% to RMB 7.7 billion. Inventory levels were reduced by 30.5% year-on-year. Xiaomi maintains a strong commitment to social responsibilities and aims to achieve carbon neutrality in its operations by 2040.
Balance Sheet Decomposition
Xiaomi Corp
Current Assets | 173.5B |
Cash & Short-Term Investments | 89.3B |
Receivables | 38.6B |
Other Current Assets | 45.6B |
Non-Current Assets | 118.1B |
Long-Term Investments | 84.5B |
PP&E | 22B |
Intangibles | 6B |
Other Non-Current Assets | 5.5B |
Current Liabilities | 94.6B |
Accounts Payable | 55.1B |
Accrued Liabilities | 6.1B |
Other Current Liabilities | 33.3B |
Non-Current Liabilities | 42.2B |
Long-Term Debt | 23.1B |
Other Non-Current Liabilities | 19.1B |
Earnings Waterfall
Xiaomi Corp
Revenue
|
263.8B
CNY
|
Cost of Revenue
|
-210.5B
CNY
|
Gross Profit
|
53.2B
CNY
|
Operating Expenses
|
-41.7B
CNY
|
Operating Income
|
11.6B
CNY
|
Other Expenses
|
4.3B
CNY
|
Net Income
|
15.9B
CNY
|
Free Cash Flow Analysis
Xiaomi Corp
What is Free Cash Flow?
Profitability Score
Profitability Due Diligence
Xiaomi Corp's profitability score is 48/100. The higher the profitability score, the more profitable the company is.
Score
Xiaomi Corp's profitability score is 48/100. The higher the profitability score, the more profitable the company is.
Solvency Score
Solvency Due Diligence
Xiaomi Corp's solvency score is 68/100. The higher the solvency score, the more solvent the company is.
Score
Xiaomi Corp's solvency score is 68/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
Price Targets Summary
Xiaomi Corp
According to Wall Street analysts, the average 1-year price target for Xiaomi Corp is 18.9 HKD with a low forecast of 10.81 HKD and a high forecast of 28.54 HKD.
Shareholder Return
Price
Xiaomi Corp
Average Annual Return | 29.81% |
Standard Deviation of Annual Returns | 124.08% |
Max Drawdown | -76% |
Market Capitalization | 372.6B HKD |
Shares Outstanding | 24 989 242 021 |
Percentage of Shares Shorted |
N/A
|
News
Last Important Events
Xiaomi Corp
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Xiaomi Corp
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Xiaomi Corp. engages in the design, manufacture and sale of smartphone, hardware and software products. The company is headquartered in Beijing, Beijing. The company went IPO on 2018-07-09. The firm mainly conducts its businesses through four segments. The Smartphone segment is engaged in the sales of smartphones. The IoT and Lifestyle product segment is engaged in the sales of other in-house products, including smart televisions (TVs), laptops, artificial intelligence (AI) speakers and smart routers; ecosystem products, including IoT and other smart hardware products, as well as certain lifestyle products. The Internet service segment is engaged in the provision of advertising services and Internet value-added services. The Others segment is engaged in the provision of repair services for its hardware products. The firm distributes its products in domestic market and to overseas markets.
Contact
IPO
Employees
Officers
The intrinsic value of one Xiaomi Corp stock under the Base Case scenario is 16.67 HKD.
Compared to the current market price of 14.88 HKD, Xiaomi Corp is Undervalued by 11%.