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<Research>CCBI Foresees XIAOMI-W 1Q Results Beat; TP $65
CCBI’s research report projected a strong 1Q25 for XIAOMI-W (01810.HK), exceling current market forecast. Revenue was expected to ascend 43% YoY, with smartphone, IoT, and in...
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<Research>CCBI Foresees XIAOMI-W 1Q Results Beat; TP $65
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CCBI’s research report projected a strong 1Q25 for XIAOMI-W (01810.HK)  +1.200 (+2.395%)    Short selling $653.52M; Ratio 13.388%   , exceling current market forecast. Revenue was expected to ascend 43% YoY, with smartphone, IoT, and internet services revenue climbing 7%, 51%, and 12% YoY, respectively. Electric vehicle (EV) business revenue was predicted at approximately RMB18.2 billion.

Non-IFRS net profit was anticipated to grow 40% YoY or 10% QoQ, with core businesses generating about RMB9.2 billion in profit, while the EV segment was expected to record a net loss of roughly RMB106 million.

Related NewsUOB Kay Hian Raises XIAOMI-W TP to $66; 1Q Adj. Profit Expected to Set Record High
CCBI maintained a target price of HKD65 for XIAOMI-W and an Outperform rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-08 12:25.)

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