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Xiaomi Corp
Gross Profit
Xiaomi Corp
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Xiaomi Corp
HKEX:1810
|
Gross Profit
ÂĄ66.9B
|
CAGR 3-Years
10%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
||
Lenovo Group Ltd
HKEX:992
|
Gross Profit
$10.4B
|
CAGR 3-Years
-3%
|
CAGR 5-Years
5%
|
CAGR 10-Years
7%
|
||
Shenzhen Transsion Holdings Co Ltd
SSE:688036
|
Gross Profit
ÂĄ15B
|
CAGR 3-Years
16%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
||
Dawning Information Industry Co Ltd
SSE:603019
|
Gross Profit
ÂĄ3.9B
|
CAGR 3-Years
18%
|
CAGR 5-Years
16%
|
CAGR 10-Years
21%
|
||
Inspur Electronic Information Industry Co Ltd
SZSE:000977
|
Gross Profit
ÂĄ7.4B
|
CAGR 3-Years
-3%
|
CAGR 5-Years
5%
|
CAGR 10-Years
24%
|
||
C
|
China Greatwall Technology Group Co Ltd
SZSE:000066
|
Gross Profit
ÂĄ2.6B
|
CAGR 3-Years
-12%
|
CAGR 5-Years
0%
|
CAGR 10-Years
-10%
|
Xiaomi Corp
Glance View
Xiaomi Corp., often celebrated as a trailblazer in the consumer electronics sector, is a Chinese company that has soared to prominence by offering high-quality smartphones, smart home devices, and lifestyle products at competitive prices. Founded in 2010 by Lei Jun and a group of co-founders, Xiaomi quickly distinguished itself with its innovative business model, which emphasizes online sales and community engagement over traditional retail channels. This strategy allowed the company to build a loyal customer base and achieve rapid growth, making it one of the world’s leading smartphone manufacturers. Beyond just smartphones, Xiaomi has diversified its portfolio to include an extensive range of Internet of Things (IoT) devices, wearables, and smart home ecosystems, positioning itself as a central player in the burgeoning smart technology market. Investors looking at Xiaomi can appreciate its impressive market position and ambitious growth trajectory. Despite facing stiff competition, particularly from other tech giants, Xiaomi has consistently reported robust revenue growth, driven by its commitment to research and development and a keen focus on innovative product offerings. The company's expansion into international markets—including India and Europe—further enhances its growth potential. Xiaomi’s unique approach to customer engagement, through its MIUI operating system and community-driven initiatives, fosters brand loyalty and repeat purchases. As the technology landscape evolves, Xiaomi's capability to pivot and adapt to consumer trends underlines its long-term viability, making it a compelling consideration for forward-thinking investors looking to tap into the future of consumer electronics and smart living solutions.
See Also
What is Xiaomi Corp's Gross Profit?
Gross Profit
66.9B
CNY
Based on the financial report for Jun 30, 2024, Xiaomi Corp's Gross Profit amounts to 66.9B CNY.
What is Xiaomi Corp's Gross Profit growth rate?
Gross Profit CAGR 5Y
22%
Over the last year, the Gross Profit growth was 37%. The average annual Gross Profit growth rates for Xiaomi Corp have been 10% over the past three years , 22% over the past five years .