Core Insights - Xiaomi Group reported record high core metrics in Q2, with revenue reaching 116 billion yuan, a year-on-year increase of 30.5%, marking the third consecutive quarter of exceeding 100 billion yuan [2] - Adjusted net profit for the quarter was 10.8 billion yuan, a significant year-on-year increase of 75.4%, continuing a trend of surpassing 10 billion yuan for two consecutive quarters [2] - The revenue from innovative business segments, including smart electric vehicles and AI, exceeded 20 billion yuan, indicating a shift towards scalable growth [2] Financial Performance - Xiaomi's Q2 revenue was 116 billion yuan, up 30.5% year-on-year, with adjusted net profit at 10.8 billion yuan, up 75.4% [2] - The smartphone and AIoT segment generated 94.7 billion yuan, a 14.8% increase, with smartphone revenue at 45.5 billion yuan and IoT revenue at 38.7 billion yuan, up 44.7% [2][3] - Internet services revenue reached 9.1 billion yuan, a 10.1% increase year-on-year [2] Automotive Business - Xiaomi's automotive deliveries reached 81,302 units in Q2, with cumulative deliveries exceeding 300,000 units by July 10 [2] - The automotive business incurred a reduced operating loss of 300 million yuan in Q2, with expectations of profitability in the second half of the year [2] - The YU7 SUV model launched with significant demand, achieving over 200,000 pre-orders shortly after its release [5] Market Position - In the domestic market, Xiaomi regained the top position in smartphone shipments with a market share of 16.8% in Q2 [3] - Xiaomi's high-end smartphone sales accounted for 27.6% of total sales in mainland China, a year-on-year increase of 5.5 percentage points [4] - The company maintained a strong presence in the international market, ranking in the top three in 60 countries and regions [3] Product Innovation and R&D - Xiaomi's R&D investment reached 7.8 billion yuan in Q2, a 41.2% increase, with an expected total investment of 30 billion yuan for the year [5] - The company launched its first self-developed 3nm flagship chip, becoming the fourth globally and the first in mainland China to achieve this milestone [5] - The newly released AI glasses exceeded sales expectations, with a high approval rating on e-commerce platforms [6]
小米,最新财报出炉!第二季度小米汽车亏损收窄至3亿元