Xiaomi Corporation (XIACY)

Xiaomi Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	330,145	270,970	280,044	328,309	245,866	205,839
Revenue Growth (YoY)	25.16%	-3.24%	-14.70%	33.53%	19.45%	17.68%
Cost of Revenue	260,426	213,494	232,467	270,048	209,114	177,285
Gross Profit	69,719	57,476	47,577	58,261	36,752	28,554
Selling, General & Admin	29,174	24,353	26,437	25,720	18,286	13,482
Research & Development	22,077	19,098	16,028	13,167	9,256	7,493
Other Operating Expenses	-1,210	-581.84	-963.69	-648.53	-628.25	-699.78
Operating Expenses	50,042	42,869	41,502	38,238	26,914	20,275
Operating Income	19,678	14,607	6,076	20,023	9,838	8,279
Interest Expense	-272.09	-1,150	-1,130	-2,841	-3,365	-528.46
Interest & Investment Income	1,113	3,716	1,789	1,400	1,045	1,278
Earnings From Equity Investments	363.53	45.62	-400.1	275.01	1,381	-671.82
Currency Exchange Gain (Loss)	110.46	124.41	-998.6	-483.29	-693.22	-
Other Non Operating Income (Expenses)	1,448	-410.95	583.86	-	-	-
EBT Excluding Unusual Items	22,440	16,932	5,920	18,372	8,206	8,357
Gain (Loss) on Sale of Investments	1,977	5,079	-1,986	6,045	13,428	3,800
Gain (Loss) on Sale of Assets	-	-	-	-	-	5.91
Pretax Income	24,416	22,011	3,934	24,417	21,633	12,163
Income Tax Expense	5,110	4,537	1,431	5,134	1,321	2,060
Earnings From Continuing Operations	19,307	17,474	2,503	19,283	20,313	10,103
Minority Interest in Earnings	53.33	0.98	-28.54	56.09	42.79	-58.79
Net Income	19,360	17,475	2,474	19,339	20,356	10,044
Net Income to Common	19,360	17,475	2,474	19,339	20,356	10,044
Net Income Growth	21.77%	606.34%	-87.21%	-4.99%	102.66%	-25.89%
Shares Outstanding (Basic)	24,830	24,885	24,828	24,927	23,987	23,746
Shares Outstanding (Diluted)	25,661	25,325	25,297	25,509	24,668	24,509
Shares Change (YoY)	0.30%	0.11%	-0.83%	3.41%	0.65%	4.01%
EPS (Basic)	0.78	0.70	0.10	0.78	0.85	0.42
EPS (Diluted)	0.76	0.69	0.10	0.76	0.83	0.41
EPS Growth	22.32%	592.46%	-86.89%	-8.43%	102.44%	829.28%
Free Cash Flow	16,930	35,032	-10,189	2,616	18,853	20,405
Free Cash Flow Per Share	0.66	1.38	-0.40	0.10	0.76	0.83
Gross Margin	21.12%	21.21%	16.99%	17.75%	14.95%	13.87%
Operating Margin	5.96%	5.39%	2.17%	6.10%	4.00%	4.02%
Profit Margin	5.86%	6.45%	0.88%	5.89%	8.28%	4.88%
Free Cash Flow Margin	5.13%	12.93%	-3.64%	0.80%	7.67%	9.91%
EBITDA	21,299	18,294	8,534	22,029	11,050	9,089
EBITDA Margin	6.45%	6.75%	3.05%	6.71%	4.49%	4.42%
D&A For EBITDA	1,621	3,687	2,459	2,006	1,212	809.72
EBIT	19,678	14,607	6,076	20,023	9,838	8,279
EBIT Margin	5.96%	5.39%	2.17%	6.10%	4.00%	4.02%
Effective Tax Rate	20.93%	20.61%	36.39%	21.03%	6.11%	16.93%
Advertising Expenses	-	6,996	7,234	7,246	5,477	3,355

Source: S&P Capital IQ. Standard template. Financial Sources.