Xiaomi 2021 Q3 Financial Report

What I'm not telling you is that Xiaomi's continued growth is growing in volume. This is exactly what you can read in the Xiaomi 2021 Q3 in its quarterly financial report is. The incredible growth is due to the European consumer appetite and of course to the youthful new devices at home.

Looking forward to a promising future! The total quarterly revenue of the company is 78.1 billion Yuan ~ 4021 billion Ft, an increase of 8.2% compared to the same period last year. Of this, adjusted net profit is 5.2 billion Yuan ~ 267 billion Ft, an increase of 25.4%.

Global monthly active users exceed 500 million! Internet service revenue of 7.3 billion Yuan ~ 375 billion Ft, an increase of 27.1%. And the gross margin of services is 73.6%, an annual growth of 13.1 percentage points.

We continue to expand our global footprint! Revenue from overseas markets was 40.9 billion Yuan ~ 2106 billion Ft, accounting for 52.4% of total revenue. That's an annual growth of 110% overseas internet! 19.9% of total internet revenue.

Global smartphone shipments reached 43.9 million in the third quarter, with a global market share of 13.5%. Worldwide, Xiaomi ranked first in 11 countries in terms of smartphone shipments market share.

Never stop exploring and innovating! Unlike revenue, expenditure is an important value in the life of a company. Expenditure for the first three quarters totalled 9.3 billion Yuan ~ 475 billion Ft, an annual growth of 51.4%. Over 14,000 employees which is less than 44% of the expenditure.

Xiaomi has strengthened its position in the premium smartphone market, with sales of premium smartphones reaching 18 million units worldwide.

Monthly active MIUI users in the company's home country have seen a quarterly net increase in consecutive quarters of the year. In China, monthly active MIUI users exceeded 127 million in September 2021. This represents an annual growth of 16.4%.

Expanding the offline retail network. In Xiaomi's home country, China, the number of offline retail stores has exceeded 10,000.

It covers the full range of smart living. The number of devices connected to the AIoT platform exceeds 400 million, representing an annual growth of 33.1%.

8 million users with more than 5 connected Xiaomi AIoT devices, an increase of 42.8% year-on-year.There are 59.9 million monthly active Mijia app (Xiaomi home) users, an increase of 39%. Smart living in multiple scenarios.

And finally, Xiaomi is already the number one TV manufacturer in China and in the top 5 globally.