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<Research>CCBI Expects XIAOMI-W's 1Q25 Adjusted NP to Soar 40% YoY; TP Kept at $65
CCBI has issued a research report forecasting XIAOMI-W (01810.HK) to deliver 1Q25 results that would surpass market expectations. The company's revenue is expected to grow by 4...
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<Research>CCBI Expects XIAOMI-W's 1Q25 Adjusted NP to Soar 40% YoY; TP Kept at $65
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CCBI has issued a research report forecasting XIAOMI-W (01810.HK)  -1.100 (-2.134%)    Short selling $1.01B; Ratio 10.400%   to deliver 1Q25 results that would surpass market expectations. The company's revenue is expected to grow by 43% YoY to RMB108.2 billion, with smartphone/ IoT/ internet services revenue rising by 7%/ 51%/ 12% YoY. In addition, revenue from the electric vehicle (EV) business is estimated to reach around RMB18.2 billion on the back of robust orders for the Xiaomi SU7 Standard and Ultra editions.

CCBI currently forecasts XIAOMI-W's 1Q non-IFRS adjusted net profit to increase by 40% YoY to around RMB9.1 billion, while its net losses from smart EVs and new businesses will touch about RMB106 million.

Related NewsBOCI Expects XIAOMI-W (01810.HK) 1Q Adj. NP to Beat Mkt Consensus Strongly, Lifts TP to $75.25
The broker kept its target price for XIAOMI-W at $65, with an Outperform rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-06 16:25.)

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