Xiaomi Group: In the second quarter, revenue of 70.17 billion yuan, a decrease of 20.1% year -on -year

Author:Capital state Time:2022.08.19

On August 19, 2022, the Hong Kong stock company Xiaomi Group-W (01810.HK) issued an announcement. In the second quarter, revenue was 70.17 billion yuan, a year-on-year decrease of 20.1%; Essence

The cost of innovative business such as smart electric vehicles was RMB 61.1 billion; the revenue of smartphones in the second quarter was RMB 42.27 billion; the income of partial income of IoT and living consumer products in the second quarter was 19.81 billion yuan; the Internet service revenue in the second quarter was 6.97 billion yuan. RMB.

In the second quarter of 2022, Xiaomi global smartphone shipments were 39.1 million units, which increased the number of shipments in the month -on -month. According to Canalys data, the ranking of Xiaomi global smartphone shipments in this quarter remained third, with a market share of 13.8%, an increase of 1.2 percentage points from the previous month. The scale of global smartphone users has continued to expand. In June 2022, the number of MIUI monthly active users in the global and mainland of China hit a record high. Among them, the global MIUI monthly active users reached 54.70 billion, an increase of 9.31 billion year -on -year; MIUI monthly active users in mainland China reached 14.02 billion, an increase of 1.63 billion. As of June 30, 2022, the number of IoT devices (excluding smartphones, tablets and laptops) connected by the AIOT platform reached 52.69 billion, a year -on -year increase of 40.7%. The number of users (excluding smartphones, tablets and laptops) that have five or more connects to the AIOT platform exceeded 1 billion for the first time, reaching 1.02 billion, an increase of 37.0%year -on -year.

In the second quarter of 2022, R & D expenditure reached RMB 3.8 billion, an increase of 22.8%year -on -year. In July 2022, on the new generation of flagship new machine XIAOMI 12S Ultra, it first released a self -developed Surging G1 battery management chip for the first time. With the previous self -developed surging P1 charging chip, it effectively enhanced the battery life of mobile phone products and enhanced the user experience.

In May 2022, it was announced to achieve long -term image strategic cooperation with Leica. In July 2022, the first model Xiaomi 12S series jointly developed by both parties to develop the imaging system. The ultimate mobile phone image experience has received praise from users. The praise rates of each model have exceeded 98%on the Jingdong platform. In August 2022, the second -generation folding screen mobile phone XIAOMI MIX FOLD 2 was launched, which greatly improved the thin and thin experience of the folding screen. According to third -party data, in the second quarter of 2022, smartphones in Mainland China RMB 3,000 to 4,000 yuan increased by 3.5 percentage points year -on -year to 18.2%; The year -on -year increased by 2.0 percentage points to 15.5%.

The new retail layout of mainland China is developing steadily. According to Canalys data, in the second quarter of 2022, the shipping volume of smartphones in mainland China ranked fourth, with a market share of 15.7%, an increase of 1.7 percentage points from the previous month. According to third -party data, the ranking of online channels on mainland China in this quarter has maintained first. During the 618 Shopping Festival in 2022, the cumulative payment amount ("GMV") exceeded RMB 18.7 billion in omni -channel, which won the first Android mobile phone sales and sales of platforms such as JD.com and Tmall. At the same time, the efficiency of offline operations has been continuously improved. As of June 30, 2022, the number of offline retail stores in mainland China has exceeded 10,600. According to third -party data, in mainland China, the proportion of offline channel shipments in high -end smartphones in this quarter increased by more than 5 percentage points year -on -year. In addition, offline channels have also helped the sales of IoT and living consumer products. In this quarter, the proportion of IoT and living consumer products in the GMV of offline retail stores in Mainland China increased by more than 11 percentage points year -on -year.

In the second quarter of 2022, the overseas market revenue was RMB 34 billion, accounting for 48.4%of the total revenue. According to Canalys data, in the second quarter of 2022, the top three in the shipping volume of smartphones in 55 countries and regions around the world, ranking among the top five in 67 countries and regions around the world. The market share has increased from the previous month.

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