Xiaomi Corporation (XIACF)

OTCMKTS: XIACF · Delayed Price · USD
2.060
-0.030 (-1.44%)
Apr 19, 2024, 3:46 PM EDT - Market closed
Market Cap 51.50B
Revenue (ttm) 37.43B
Net Income (ttm) 2.41B
Shares Out 25.00B
EPS (ttm) 0.07
PE Ratio 28.68
Forward PE 3.62
Dividend n/a
Ex-Dividend Date n/a
Volume 42,846
Open 2.042
Previous Close 2.090
Day's Range 2.015 - 2.100
52-Week Range 1.260 - 2.350
Beta 1.29
Analysts n/a
Price Target n/a
Earnings Date n/a

About XIACF

Xiaomi Corporation, an investment holding company, provides hardware and software services in Mainland China and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones. The IoT and Lifestyle Products segment offers smart TVs, laptops, AI speakers, and smart routers; various IoT and other smart hardware products; and lifestyle products. The Internet Services segment provides advertising services and internet value-added services; and engages ... [Read more]

Sector Technology
Founded 2010
Employees 33,627
Stock Exchange OTCMKTS
Ticker Symbol XIACF
Full Company Profile

Financial Performance

In 2023, Xiaomi's revenue was 270.97 billion, a decrease of -3.24% compared to the previous year's 280.04 billion. Earnings were 17.48 billion, an increase of 606.34%.

Financial numbers in CNY Financial Statements

News

Are Chinese automakers a viable threat to the US auto industry?

Chinese automakers like BYD (BYDDY) and XPeng (XPEV) make electric vehicles that are far cheaper than the ones made in the USA. But they're hard to find in the US and, if politicians and domestic auto...

Other symbols: BYDDFBYDDYLINIOXPEV
6 hours ago - Yahoo Finance

Xiaomi says sales of its new EV have been 3-5 times higher than expected

China's Xiaomi said on Thursday that sales of its sporty electric vehicle have been 3-5 times higher than expected, and it had started deliveries of the SU7 - short for Speed Ultra 7 - 12 days earlier...

1 day ago - Reuters

This Chinese company may be emulating Elon Musk's Tesla playbook

Tesla is having a hard time in China. Chinese EV makers are taking Elon Musk's company to task as they battle on price.

10 days ago - Business Insider

Apple Isn't Making an EV, but Chinese Phone Makers Are Showing They Can

The tech heavyweights looking to electric vehicles for their second act are jumping into a brutal price war.

16 days ago - WSJ

China's Xiaomi receives over 100,000 orders, begins deliveries of its first EV

Chinese smartphone maker Xiaomi on Thursday said it has received more than 100,000 orders for its first electric vehicle, the SU7, as it began deliveries.

17 days ago - Reuters

Xiaomi Unveils Revolutionary SU7 Electric Vehicle Equipped with Hesai High-Performance Lidar

PALO ALTO, Calif. , April 2, 2024 /PRNewswire/ -- Xiaomi, a leading technology company, has officially launched its first mass-produced electric vehicle, the Xiaomi SU7, in Beijing.

Other symbols: HSAI
17 days ago - PRNewsWire

Tesla Stock Is Falling. It Has a New Competitor—Xiaomi.

Xiaomi makes most of its money selling smartphones, and its valuation now rivals GM.

Other symbols: TSLA
17 days ago - Barrons

Xiaomi Shares Jump After Launch of Its First Electric Vehicle

Xiaomi's shares surged after the tech company unveiled its maiden electric vehicle, a competitively-priced sedan vying against Tesla and others for market share in China's crowded EV space.

18 days ago - WSJ

Xiaomi's EV Debut Shifts Connected Economy Into High Gear

Following recent reports of Apple discontinuing its decade-long Project Titan, its rival, Chinese tech giant Xiaomi, has swiftly entered the electric vehicle (EV) market with the formal launch of its ...

18 days ago - PYMNTS

Xiaomi shares pop 15% after the Chinese smartphone maker launches its first EV

Shares of Xiaomi surged 15% when the Hong Kong market opened Tuesday, the first trading day since the company launched its SU7 electric car ahead of the Easter holiday.

18 days ago - CNBC

Xiaomi's stock set to open up 15% after launch of electric car

Shares of China' Xiaomi were set to rise 15% on Tuesday after the maker of smartphones and other consumer electronics late last week launched a sporty electric car whose design has been likened to Por...

18 days ago - Reuters

Buyers of Tesla's Chinese rival EV may face monthslong wait for SU7

Chinese electronics maker Xiaomi is reportedly informing buyers of its new SU7 electric vehicle that they could face wait times of up to seven months.

18 days ago - Fox Business

Xiaomi's EV buyers face up to seven-month wait for car, app shows

Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face an up to seven-month wait, its app showed on Monday, in a sign that the Chinese electronics maker is enjoying stro...

19 days ago - Reuters

Tesla has new competition with a Chinese EV priced lower than Model 3

Tesla is getting some more electric vehicle competition in China with Xiaomi's release of the SU7 sedan this week, according to Barron's.

21 days ago - Fox Business

Tesla vs. Xiaomi: The price discovery of full self-driving in EVs

Chinese electronic company Xiaomi (1810.HK) launched its electric SU7 sedan, an EV estimated to be $4,000 cheaper than Tesla's (TSLA) Model 3. Pricing continues to be a point of contention between Tes...

Other symbols: TSLA
21 days ago - Yahoo Finance

Chinese Tech Giant Xiaomi Unveils New EV Price. It's More Bad News For Tesla.

The Xiaomi SU7 EV will start at about $30,000, about $4,000 less than a Tesla Model 3.

21 days ago - Barrons

With China EV launch, Xiaomi's 'Thor' takes on Elon Musk

He was called China's answer to Steve Jobs for taking Xiaomi from scrappy startup to an electronics giant known for its smartphones.

21 days ago - Reuters

Xiaomi share price outlook: SU7 launch brings new risks

Xiaomi share price has rebounded recently as investors cheer the company's entry into the electric vehicle industry. The stock, which bottomed at H$11.86 in February, has rebounded by over 26% to the ...

21 days ago - Invezz

Tesla faces new rival in China as smartphone maker Xiaomi unveils first electric car

The launch fulfills the ambition of Xiaomi's founder, who announced the company's foray into EVs in 2021 and pledged to invest $10 billion in its auto business as "the last major entrepreneurship proj...

22 days ago - New York Post

As Xiaomi releases its first EV, Tesla is in a ‘code red situation'

Tesla Inc (NASDAQ: TSLA) is in the red on Thursday after Xiaomi priced its first electric vehicle at far less than the Model 3. Dan Ives shares view on Tesla stock Its SU7 also trumps the Model 3 on o...

Other symbols: TSLA
22 days ago - Invezz

Xiaomi's first EV to go on sale at starting price of 215,900 yuan

Xiaomi's highly anticipated electric vehicle (EV) will go on sale at a starting price of 215,900 yuan ($29,869.54), the Chinese smartphone company said as it announced the launch of its first car in t...

22 days ago - Reuters

Xiaomi releases electric car $4k cheaper than Tesla's Model 3 as price wars heat up

Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.

22 days ago - CNBC

Xiaomi set for plunge into EVs at a tricky time for China autos

China's Xiaomi will launch its highly anticipated electric vehicle (EV) on Thursday when it will reveal its pricing and start taking orders, marking the electronics company's entry into the world of a...

23 days ago - Reuters

Elliptic Labs Signs Contract with Xiaomi for Several Smartphones

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualProximitySensor--Elliptic Labs has signed a new license agreement with Xiaomi, the third-largest smartphone manufacturer in the world.

23 days ago - Business Wire

China's Xiaomi will price its Tesla EV rival under $69,400, CEO says ahead of Thursday launch

On Thursday, Xiaomi will officially launch the SU7, its first electric vehicle, and begin taking orders.

25 days ago - CNBC