Xiaomi Corp
HKEX:1810

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Xiaomi Corp
HKEX:1810
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Price: 36.3 HKD 0.14% Market Closed
Market Cap: 906.6B HKD
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Xiaomi Corp
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Xiaomi Corp
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Xiaomi Corp
HKEX:1810
Tax Provision
-ÂĄ5.1B
CAGR 3-Years
-11%
CAGR 5-Years
-24%
CAGR 10-Years
N/A
Canaan Inc
NASDAQ:CAN
Tax Provision
$51.3m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Lenovo Group Ltd
HKEX:992
Tax Provision
-$299.3m
CAGR 3-Years
21%
CAGR 5-Years
-4%
CAGR 10-Years
-4%
Shenzhen Transsion Holdings Co Ltd
SSE:688036
Tax Provision
-ÂĄ1.1B
CAGR 3-Years
-29%
CAGR 5-Years
-40%
CAGR 10-Years
N/A
Dawning Information Industry Co Ltd
SSE:603019
Tax Provision
-ÂĄ367.3m
CAGR 3-Years
-54%
CAGR 5-Years
-28%
CAGR 10-Years
-43%
Huaqin Technology Co Ltd
SSE:603296
Tax Provision
-ÂĄ178.2m
CAGR 3-Years
14%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Xiaomi Corp
Glance View

Economic Moat
None
Market Cap
905.6B HKD
Industry
Technology

Xiaomi Corporation, often pegged as the budget-friendly alternative to high-priced tech giants, has masterfully woven a business model that thrives on delivering quality technology at accessible price points. Founded in 2010 by Lei Jun, Xiaomi started its journey with an ambition to create a seamless interface between hardware, software, and internet services, drawing parallels with the likes of Apple. However, Xiaomi's differentiation lies in its approach to affordability without compromising on innovation. The company's strategy hinges on maintaining razor-thin hardware margins, coupled with robust internet services. Devices like smartphones, smart TVs, and IoT products serve as gateways to an expansive ecosystem of services, where recurring revenue is cultivated through advertising, online gaming, and fintech services. Operating primarily through e-commerce channels initially, Xiaomi managed to disrupt traditional supply chains and retail markups, allowing for significant cost savings which were passed on to consumers. This model facilitated rapid market penetration, particularly within price-sensitive emerging markets. Its distribution mechanism further graduated to a more holistic network, encompassing offline stores and partnerships to expand its reach. The company emphasizes community-driven input, encouraging feedback from their extensive user base to refine and enhance their offerings. By nurturing a robust fan community known as "Mi fans," Xiaomi not only crowdsources innovation but also markets its products with genuine consumer backing, creating a virtuous cycle of feedback and refinement that fuels continuous growth.

Intrinsic Value
27.63 HKD
Overvaluation 24%
Intrinsic Value
Price

See Also

What is Xiaomi Corp's Tax Provision?
Tax Provision
-5.1B CNY

Based on the financial report for Sep 30, 2024, Xiaomi Corp's Tax Provision amounts to -5.1B CNY.

What is Xiaomi Corp's Tax Provision growth rate?
Tax Provision CAGR 5Y
-24%

Over the last year, the Tax Provision growth was -21%. The average annual Tax Provision growth rates for Xiaomi Corp have been -11% over the past three years , -24% over the past five years .

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