Xiaomi Corporation (1810.HK)
| Previous close | 17.700 |
| Open | 18.000 |
| Bid | 17.460 x 0 |
| Ask | 17.480 x 0 |
| Day's range | 17.380 - 18.100 |
| 52-week range | 9.860 - 20.350 |
| Volume | |
| Avg. volume | 129,925,781 |
| Market cap | 435.724B |
| Beta (5Y monthly) | 1.25 |
| PE ratio (TTM) | 23.00 |
| EPS (TTM) | 0.760 |
| Earnings date | 27 Aug 2024 - 02 Sept 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 22.67 |
BloombergXiaomi Raises Target for Marquee EV in Signal of Confidence
(Bloomberg) -- Xiaomi Corp. aims to deliver 120,000 of its SU7 electric-vehicles this year, hiking its target for a car it hopes can someday compete with Tesla Inc. and fuel its broader ambitions.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 KilometersConocoPhillips to Acquire Maratho
ReutersXiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales
China's Xiaomi said it will aim to deliver 120,000 electric vehicles (EVs) this year, up from the initial goal of 100,000, and will implement double-shift production to meet rising demand for its EVs. Xiaomi made this announcement during an earnings call after the company reported a stronger-than-expected 27% year-over-year increase in first-quarter revenue on Thursday, driven by robust smartphone sales amid a recovery in the market. Xiaomi started delivering its SU7 EV to customers in early April, fulfilling CEO Lei Jun's dream and culminating years of effort to enter the EV business as part of the company's strategy to diversify away from smartphones.
South China Morning PostXiaomi posts better-than-expected quarterly sales on growing smartphone shipments, as EV target remains on track
Chinese smartphone and electric vehicle (EV) maker Xiaomi grew its first-quarter revenue by a better-than-expected 27 per cent year on year, as handset shipments recovered globally. Sales reached 75.5 billion yuan (US$10.5 billion) during the quarter ended March 31, beating the consensus analysts' forecast of 73.5 billion compiled by Bloomberg. The world's best-selling Chinese smartphone brand saw handset sales, which made up nearly 62 per cent of its total revenue, jump 33 per cent to 46.5 bill
