智通财经网·2025-10-28 03:43Core Viewpoint - Xiaomi Group-W (01810) is expected to report a 60% year-on-year increase in adjusted net profit for Q3, reaching 10.01 billion RMB, aligning with market expectations [1] Financial Performance - The anticipated gross margin for Q3 is 22.9%, surpassing the market forecast of 22.5% despite rising BOM costs [1] - The forecast for adjusted net profit for fiscal years 2025 to 2027 has been slightly reduced by 3% to 4% due to weak smartphone performance and rising BOM costs [1] Product Outlook - The company maintains a positive outlook for Q4, with expectations that the Xiaomi 17 Pro and Pro-max will enhance the sales mix [1] - Strong delivery performance in the electric vehicle segment is noted, with improved profitability and potential capacity expansion [1] Internet Business - The internet business is projected to continue stable growth, with an expected gross margin of 75% [1]