Xiaomi: 4Q gross margin 17.1%, forecast 17%; 4Q net income 2...

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SEA Hedge joined discussion · Mar 22, 2022 05:14

Xiaomi: 4Q gross margin 17.1%, forecast 17%; 4Q net income 2.44b yuan, forecast 4.26b yuan; 4Q rev. 85.58b yuan, forecast 81.46b yuan; 4Q adj net 4.47b yuan, forecast 4.17b yuan. 2021 global Smartphone Smartphone Reach 30.0% Over-Year to Reach 190.3 Million Units, A Record High.

Xiaomi Group: In 2021, annual smartphone revenue reached RMB 208.9 billion, up 37.2% year on year; annual smartphone shipments were 190.3 million units, up 30.0% year on year. Fourth-quarter revenue of 85.58 billion yuan, estimated at 81.46 billion yuan. Net profit for the fourth quarter was RMB 2.44 billion, estimated at RMB 4.26 billion. Adjusted net profit for the fourth quarter was RMB 4.47 billion, estimated at RMB 4.17 billion.

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