Xiaomi Corp
Xiaomi Corp designs, develops, and sells smartphones, smart home devices, and consumer electronics, generating revenue through hardware sales, software services, and ecosystem product integration.
Business. Xiaomi Corp (1810.HK) is a technology equipment company primarily engaged in the design, development, and sale of phones and handheld devices. The firm operates within the Technology sector, generating revenue through a product-sale model focused on consumer hardware. Headquarters and specific operating segment details are not provided in the available data. The company is listed on the Hong Kong Stock Exchange under the ticker 1810.HK.
Analyst recommendations
38 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
1Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Xiaomi Corp (1810.HK) is a technology equipment company primarily engaged in the design, development, and sale of phones and handheld devices. The firm operates within the Technology sector, generating revenue through a product-sale model focused on consumer hardware. Headquarters and specific operating segment details are not provided in the available data. The company is listed on the Hong Kong Stock Exchange under the ticker 1810.HK.
Xiaomi Corp maintains a strong liquidity position with CNY 34.9 billion in cash and equivalents, supporting a current ratio of 1.76. The company's liquidity_fpt score indicates low liquidity risk, and its debt-to-equity ratio of 0.17 reflects a conservative capital structure. Despite a negative operating cash flow of CNY -9.3 billion, the firm generates CNY 5.6 billion in free cash flow, suggesting operational flexibility.
Profitability metrics show a return on equity (ROE) of 2.5% and a return on assets (ROA) of 1.28%, both below the industry median for Phones & Handheld Devices. The company's gross margin of 22.3% (CNY 16.8 billion gross profit on CNY 75.5 billion revenue) is in line with industry norms, but its operating margin of 4.9% (CNY 3.7 billion operating income) lags behind the median for the sector.
Geographically, Xiaomi's revenue is concentrated in China, with a significant portion of its sales derived from domestic operations. The company's ecosystem strategy, which includes smart home devices and software services, is a key growth driver, but its exposure to a single market increases vulnerability to regional economic shifts.
Outlook data indicates a projected revenue decline in the current fiscal year, with a negative delta expected. The next fiscal year shows potential for stabilization or modest growth, though the magnitude remains uncertain. Historical revenue trends suggest a cyclical pattern influenced by product launches and market saturation.
Risk assessment highlights low dilution and liquidity risks, with no immediate filing-based flags detected. However, the company's reliance on a single geographic market and exposure to global supply chain disruptions remain latent risks. No dilution pressure is currently evident, with shares outstanding unchanged between basic and diluted measures.
Recent filings and transcripts indicate ongoing strategic investments in AI and IoT, with a focus on expanding the Xiaomi ecosystem. Analysts remain cautiously optimistic, with a mean price target of CNY 44.91 and a median of CNY 42.40, reflecting a consensus of moderate upside potential.
- Xiaomi Corp maintains a conservative capital structure with low liquidity risk and a strong cash position.
- Profitability metrics lag behind industry medians, particularly in ROE and operating margin.
- Revenue concentration in China exposes the company to regional economic and regulatory risks.
- Analysts project moderate upside potential, with a mean price target of CNY 44.91.
- Strategic investments in AI and IoT are central to Xiaomi's growth narrative.
Bull / Bear case
Generated · model-assistedNet income surged 76% year-over-year to CNY 41.6 billion, demonstrating strong profitability growth.
Free cash flow increased 122.7% to CNY 50.3 billion, highlighting robust cash generation capabilities.
Analysts project 70.6% upside to a mean price target of CNY 44.9, signaling strong market confidence.
Cash conversion ratio of -2.22 places the company in the bottom quartile of its peer cohort.
Return on assets of 1.3% indicates limited ability to generate profit from total asset base.
In focus — financials by report
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Revenue by segment
Business relationships
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Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 1,30 |
| Revenue | —no estimate | —no estimate | 514,9B CNY |
| Operating income | —no estimate | —no estimate | 38,2B CNY |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
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Corporate actions / M&A
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- Xiaomi Corp Market data — financials · 2026-05-26
- Xiaomi Corp Market data — analyst estimates · 2026-05-26
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$0M