Xiaomi Past Earnings Performance
Past criteria checks 3/6
Xiaomi's earnings have been declining at an average annual rate of -7.1%, while the Tech industry saw earnings growing at 0.6% annually. Revenues have been growing at an average rate of 9.2% per year. Xiaomi's return on equity is 10.6%, and it has net margins of 6.4%.
Key information
-7.1%
Earnings growth rate
-12.0%
EPS growth rate
| Tech Industry Growth | 13.0% |
| Revenue growth rate | 9.2% |
| Return on equity | 10.6% |
| Net Margin | 6.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Xiaomi makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 270,970 | 17,475 | 24,353 | 19,098 |
| 30 Sep 23 | 263,774 | 15,899 | 24,111 | 18,335 |
| 30 Jun 23 | 263,354 | 9,549 | 24,148 | 17,438 |
| 31 Mar 23 | 266,170 | 7,265 | 25,175 | 16,647 |
| 31 Dec 22 | 280,044 | 2,474 | 26,437 | 16,028 |
| 30 Sep 22 | 299,572 | 1,808 | 26,867 | 15,181 |
| 30 Jun 22 | 307,160 | 4,077 | 26,886 | 14,349 |
| 31 Mar 22 | 324,778 | 10,959 | 27,069 | 13,650 |
| 31 Dec 21 | 328,309 | 19,339 | 25,720 | 13,167 |
| 30 Sep 21 | 313,197 | 25,667 | 24,505 | 12,419 |
| 30 Jun 21 | 307,297 | 29,755 | 22,801 | 11,503 |
| 31 Mar 21 | 273,046 | 25,985 | 20,031 | 10,397 |
| 31 Dec 20 | 245,866 | 20,356 | 18,286 | 9,256 |
| 30 Sep 20 | 231,872 | 13,983 | 16,525 | 8,403 |
| 30 Jun 20 | 213,371 | 11,628 | 15,453 | 8,115 |
| 31 Mar 20 | 211,784 | 9,082 | 14,412 | 7,713 |
| 31 Dec 19 | 205,839 | 10,044 | 13,482 | 7,493 |
| 30 Sep 19 | 193,790 | 11,012 | 11,798 | 7,015 |
| 30 Jun 19 | 190,976 | 10,986 | 11,187 | 6,516 |
| 31 Mar 19 | 184,260 | 23,685 | 9,081 | 7,427 |
| 31 Dec 18 | 174,915 | 13,554 | 10,162 | 5,777 |
| 30 Sep 18 | 165,608 | -2,885 | 9,606 | 5,036 |
| 30 Jun 18 | 148,862 | -16,373 | 8,579 | 4,307 |
| 31 Mar 18 | 126,332 | -40,928 | 8,836 | 2,495 |
| 31 Dec 17 | 114,625 | -43,826 | 6,448 | 3,151 |
| 31 Dec 16 | 68,434 | 553 | 3,949 | 2,104 |
| 31 Dec 15 | 66,811 | -7,581 | 2,679 | 1,512 |
Quality Earnings: 3CPA has a large one-off gain of CN¥5.1B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 3CPA's current net profit margins (6.4%) are higher than last year (0.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3CPA's earnings have declined by 7.1% per year over the past 5 years.
Accelerating Growth: 3CPA's earnings growth over the past year (606.3%) exceeds its 5-year average (-7.1% per year).
Earnings vs Industry: 3CPA earnings growth over the past year (606.3%) exceeded the Tech industry 7.5%.
Return on Equity
High ROE: 3CPA's Return on Equity (10.6%) is considered low.