XIAOMI(HK:01810) Xin Lang Cai Jing·2025-11-19 10:41Core Viewpoint - Xiaomi Group reported a significant increase in net profit for Q3 2025, driven by strong performance in its automotive and AI segments, marking a historic high for the company [1] Financial Performance - Revenue for Q3 2025 reached approximately 1131.21 billion yuan, representing a year-on-year growth of 22.3%, marking the fourth consecutive quarter exceeding 100 billion yuan [1] - Adjusted net profit was 113 billion yuan, a substantial increase of 80.9% year-on-year, achieving a record high [1] Automotive and Innovation Segment - Revenue from the smart electric vehicle and AI innovation business segment amounted to 290 billion yuan, showing a remarkable year-on-year increase of over 199% [1] - Within this segment, smart electric vehicle revenue was 283 billion yuan, while other related income contributed 7 billion yuan [1] - This segment achieved its first-ever quarterly operating profit, with a reported operating profit of 7 billion yuan [1] Cost Management and Pricing Strategy - Xiaomi's President, Lu Weibing, indicated that the current rise in memory prices is a long-term trend, and the company has proactively secured supply agreements for 2026 to mitigate supply chain disruptions [1] - The company may consider price increases and product structure upgrades to manage cost pressures in the future [1]