Xiaomi reports record-breaking financial results for 2024

19 March 2025
This is the first time the company also sees CNY 100 billion in quarterly revenue.

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  • l
  • loveh8pixel
  • PUU
  • 10 hours ago

Please include Pro model version for Global release. Got many fans waiting for those version.

    • ?
    • Anonymous
    • XVE
    • 10 hours ago

    Anonymous, 15 hours agoxiaomi should expand all out in Indonesia , i love xiaomi Indonesia problem is all must be made locally.
    It made the operational un-efficient / high cost.
    Thus increasing product price.

    If you see neighboring countries such as Malaysia & Singapore,
    Xiaomi is full out

      • F
      • Furkan
      • TmG
      • 15 hours ago

      Anonymous, 15 hours agoxiaomi should expand all out in Indonesia , i love xiaomi Agere i love Xiaomi too i am turk

        • ?
        • Anonymous
        • X@V
        • 15 hours ago

        xiaomi should expand all out in Indonesia , i love xiaomi

          You are welcome, Xiaomi.
          Last year I changed my phone again with another Redmi note pro, been doing that for the last 5 years. But this year that won't happen again, already looking for a battery replacement after 7 months.

            • I
            • Investor
            • 3iK
            • 19 hours ago

            DeepIn2U, 23 hours ago"Net profit (Operating Profit) is up 41.3% as well whi... moreOf course you can have higher profit growth than revenue growth. You do not understand financial reporting.

              • L
              • Luke
              • AZY
              • 20 hours ago

              good for Xiaomi. Now when Samsung removed the SD card from A56 and basically froze the RAM amount to low-end value for 2025, Xiaomi/Poco sales will definitely increase.

                Aierlan, 22 hours agoXiaomi has the fewest discounts of any brand in their home ... moreHe is speaking about samsung

                  jiyen235, 19 Mar 2025when the majority of your sales come from extreme discounts... moreXiaomi has the fewest discounts of any brand in their home market on their flagships for the past two years. Basically you only get about a 300rmb discount for 618 and the prices stay at that level for the whole year

                    • ?
                    • Anonymous
                    • MMZ
                    • 23 hours ago

                    They would have even more money if they could confirm that they fixed the fogging lens problem.

                      jiyen235, 19 Mar 2025when the majority of your sales come from extreme discounts... moreYou certainly don't know what you're talking about. Apple's revenue is almost twice as big as Samsung's. So is the profit margin about 10x. Because of selling high end devices only. And they got most of the buyers from North America.

                        DeepIn2U, 23 hours ago"Net profit (Operating Profit) is up 41.3% as well whi... moreI mean the percentage increase is up more than the percentage increase in revenue. I didn't say the profit is higher/more than the revenue but the increase in profit is higher than the increase in revenue. Maybe i worded it badly but you get the point. By up more i meant increased more

                          Aierlan, 19 Mar 2025Net profit (Operating Profit) is up 41.3% as well which is ... more"Net profit (Operating Profit) is up 41.3% as well which is up more than revenue."

                          For a fiscal quarter or year , you cannot have net profit up MORE than Revenue! Its literary accounting fraud!

                            1/1,12" hexadecabayer sensor for 16 pro and ov50x for 16 ultra main cam?

                              Darth Caesium, 19 Mar 2025Cool. Let's look at operating profit before we get too... morewhen the majority of your sales come from extreme discounts and offers, ofc the profit would not be great, as the msrp suggests. However it's still surprising to me that Samsung still doesn't have Apple like profits despite selling at a huge price at the start of the year. Leads me to believe some corruption/poor management is at play.

                                Anonymous, 19 Mar 2025There were rumours that Xiaomi will be releasing a 3nm flag... moreI'm fairly confident it's happening with the Xiaomi 15s pro. At least quite a few of the Weibo leakers have been strongly hinting at it.

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                                  • Anonymous
                                  • 0p}
                                  • 19 Mar 2025

                                  Aierlan, 19 Mar 2025The investment in R&D is really not very high relative ... moreThere were rumours that Xiaomi will be releasing a 3nm flagship chip this year. Good to hear it's actually happening. I'm very much looking forward to it.

                                    Darth Caesium, 19 Mar 2025Cool. Let's look at operating profit before we get too... moreNet profit (Operating Profit) is up 41.3% as well which is up more than revenue. Their profit margin seems to be increasing so they seem to be moving to a higher profit model from their earlier days. This makes sense as they are selling more expensive phones which have higher profit margin. The net profit margin based on the adjusted net profit would be 7.43% which is pretty decent. It's likely the net profit margin in the smartphone business is higher than this though as this is for the whole company and it takes into account the cars which would have a negative net profit margin

                                      The investment in R&D is really not very high relative relative to tech firms like Huawei. CNY 24.1 billion ($3.3 billion) represents only 6.5% of revenue. In Huawei's latest annual report they spend CNY164.7 billion which equates to 23.4% of revenue. It they want to become a more innovative brand that introduces their own tech rather than just buying it from others I think they need to increase the focus on R&D. That is the logical next step. I'm interested to see how their own processor performs on the Xiaomi 15s pro as it's their first processor since they seemed to suspend the project for many years after their initial surge chips. I think the 15s pro will be their most interesting phone for a long time

                                        • ?
                                        • Anonymous
                                        • XVE
                                        • 19 Mar 2025

                                        Darth Caesium, 19 Mar 2025Cool. Let's look at operating profit before we get too... moreWhy?
                                        If you wanna get rob, get Samsung or iphone

                                        If you want good deal win-win get xiaomi or other Chinese brand

                                        Simple
                                        Choice exist for everyone