Xiaomi Corporation, an investment holding company, provides hardware, software, and internet services in Mainland China, India, Europe, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$22.10|
|52 Week High||HK$19.40|
|52 Week Low||HK$35.90|
|1 Month Change||-12.82%|
|3 Month Change||-20.50%|
|1 Year Change||12.07%|
|3 Year Change||42.58%|
|5 Year Change||n/a|
|Change since IPO||31.55%|
Recent News & Updates
|1810||HK Tech||HK Market|
Return vs Industry: 1810 underperformed the Hong Kong Tech industry which returned 20.7% over the past year.
Return vs Market: 1810 exceeded the Hong Kong Market which returned 10.1% over the past year.
Stable Share Price: 1810 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 1810's weekly volatility (5%) has been stable over the past year.
About the Company
Xiaomi Corporation, an investment holding company, provides hardware, software, and internet services in Mainland China, India, Europe, and internationally. It operates through Smartphones, IoT and Lifestyle Products, Internet Services, and Others segments. The Smartphones segment sells smartphones.
Xiaomi Fundamentals Summary
|1810 fundamental statistics|
Is 1810 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1810 income statement (TTM)|
|Cost of Revenue||CN¥256.50b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.19|
|Net Profit Margin||9.68%|
How did 1810 perform over the long term?See historical performance and comparison
Is Xiaomi undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1810 (HK$22.1) is trading above our estimate of fair value (HK$13.74)
Significantly Below Fair Value: 1810 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1810 is poor value based on its PE Ratio (15.4x) compared to the Hong Kong Tech industry average (9.1x).
PE vs Market: 1810 is poor value based on its PE Ratio (15.4x) compared to the Hong Kong market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: 1810 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 1810 is overvalued based on its PB Ratio (3.4x) compared to the HK Tech industry average (1.2x).
How is Xiaomi forecast to perform in the next 1 to 3 years based on estimates from 32 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1810's forecast earnings growth (11.4% per year) is above the savings rate (1.5%).
Earnings vs Market: 1810's earnings (11.4% per year) are forecast to grow slower than the Hong Kong market (17.1% per year).
High Growth Earnings: 1810's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1810's revenue (15.8% per year) is forecast to grow faster than the Hong Kong market (12.3% per year).
High Growth Revenue: 1810's revenue (15.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1810's Return on Equity is forecast to be low in 3 years time (14.8%).
How has Xiaomi performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1810 has a large one-off gain of CN¥17.0B impacting its June 30 2021 financial results.
Growing Profit Margin: 1810's current net profit margins (9.7%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: 1810 has become profitable over the past 5 years, growing earnings by 67.4% per year.
Accelerating Growth: 1810's earnings growth over the past year (155.9%) exceeds its 5-year average (67.4% per year).
Earnings vs Industry: 1810 earnings growth over the past year (155.9%) exceeded the Tech industry 73.4%.
Return on Equity
High ROE: 1810's Return on Equity (21.8%) is considered high.
How is Xiaomi's financial position?
Financial Position Analysis
Short Term Liabilities: 1810's short term assets (CN¥200.3B) exceed its short term liabilities (CN¥131.0B).
Long Term Liabilities: 1810's short term assets (CN¥200.3B) exceed its long term liabilities (CN¥29.4B).
Debt to Equity History and Analysis
Debt Level: 1810's debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: 1810 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 1810's debt is well covered by operating cash flow (176.5%).
Interest Coverage: 1810's interest payments on its debt are well covered by EBIT (8.7x coverage).
What is Xiaomi current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1810's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1810's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1810's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1810's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1810's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jun Lei (52 yo)
Mr. Jun Lei has been Chairman of the Board of Kingsoft Cloud Holdings Limited since April 2015 and its Director since August 2008. He serves as the Chairman of the Board and Chief Executive Officer of Xiao...
Experienced Management: 1810's management team is considered experienced (2.2 years average tenure).
Experienced Board: 1810's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.7%.
Xiaomi Corporation's employee growth, exchange listings and data sources
- Name: Xiaomi Corporation
- Ticker: 1810
- Exchange: SEHK
- Founded: 2010
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: HK$552.347b
- Shares outstanding: 24.99b
- Website: https://www.mi.com
Number of Employees
- Xiaomi Corporation
- Xiaomi Campus
- Anningzhuang Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:43|
|End of Day Share Price||2021/09/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.