Xiaomi posted its monetary outcomes for the final calendar yr, and the numbers look glorious. The Beijing-based firm reported CNY328 billion in income, a rise of 33.5% over the earlier yr, whereas web revenue stood at CNY22 billion, a rise of 69.5% in comparison with 2020.

The smartphone phase carried out impressively – pushing 190.3 million gadgets worldwide, a 30% improve from 2020. Of these, 24 million have been within the premium phase, which is a 160% year-on-year enchancment.



Xiaomi Financial Results

Xiaomi Monetary Outcomes

The whole income from smartphone gross sales was CNY 208.9 billion. Absolutely the numbers reveal a rise of 37.2%, however in actuality, it averages CNY 1,097 per cellphone, which is the worth of a Chinese language Redmi Observe 11. The premium cargo contains all telephones priced over CNY3,000 domestically. Over €300 available in the market or overseas.

Xiaomi continues to develop its world presence. The monetary report confirmed that nearly half of complete income got here from abroad markets – CNY163.6 billion, a 33.7% improve in financial worth from 2020.


Xiaomi Financial Results
Xiaomi Financial Results

Xiaomi Monetary Outcomes

Xiaomi’s recognition worldwide is demonstrated by its presence within the high 5 producers in 62 markets, of which it’s the best-selling smartphone maker in 14.

The corporate is seeking to develop its portfolio with AI merchandise, and 2021 outcomes confirmed income from different sensible gadgets elevated by greater than 26% to succeed in CNY 85 billion. The year-on-year progress within the air conditioners, fridges and washing machines enterprise was 60%.

The worldwide month-to-month energetic customers of MIUI have been 509 million in 2021, which is 28.4% greater than in 2020. Xiaomi additionally earns from promoting inside its person interface, and income on this phase jumped 42.3% to CNY18.1 billion.

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