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Xiaomi Corporation (1810.HK)
| Previous close | 19.440 |
| Open | 19.360 |
| Bid | 18.940 x 0 |
| Ask | 18.960 x 0 |
| Day's range | 18.740 - 19.460 |
| 52-week range | 9.860 - 20.350 |
| Volume | |
| Avg. volume | 126,339,404 |
| Market cap | 472.117B |
| Beta (5Y monthly) | 1.25 |
| PE ratio (TTM) | 25.59 |
| EPS (TTM) | 0.740 |
| Earnings date | 23 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 22.11 |
ReutersXiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales
BEIJING (Reuters) -China's Xiaomi said it will aim to deliver 120,000 electric vehicles (EVs) this year, up from the initial goal of 100,000, and will implement double-shift production to meet rising demand for its EVs. Xiaomi made this announcement during an earnings call after the company reported a stronger-than-expected 27% year-over-year increase in first-quarter revenue on Thursday, driven by robust smartphone sales amid a recovery in the market. Xiaomi started delivering its SU7 EV to customers in early April, fulfilling CEO Lei Jun's dream and culminating years of effort to enter the EV business as part of the company's strategy to diversify away from smartphones.
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- WSJ
Inside China's EV Takeover
Chinese car makers are ramping up electric-vehicle production, posing a challenge to U.S. automakers. WSJ’s Yoko Kubota traveled to the city of Hangzhou to see the impact of China’s EV boom. Photo: The Wall Street Journal
