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Xiaomi Corporation 1810.HK

HK · Hong Kong Stock Exchange · XHKG · stock · Technology · website

Xiaomi Corporation statistics & valuation

Market capCN¥660.0B
P / E15.8×
P / S1.4×
P / B2.5×
P / FCF30.9×
Net margin9.1%
Return on equity15.6%
FCF margin4.7%
Net debtCN¥14.9B
Enterprise value USD$72.5B
Earnings yield EBIT/EV4.7%
Return on capital10%
Graham number -19.1%CN¥20.94

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥20.94); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
0.90% 6.40% 6.50% 9.10% 2022202320242025
Gross margin (%)
17.00% 21.20% 20.90% 22.30% 2022202320242025
Operating margin (%)
2.20% 5.40% 6.30% 6.90% 2022202320242025
Return on equity (%)
1.70% 10.70% 12.50% 15.60% 2022202320242025
Shares outstanding
21.31B 21.31B 21.31B 21.31B 2022202320242025
Net debt (CN¥)
-CN¥1.55B -CN¥3.81B CN¥2.35B CN¥14.92B 2022202320242025
Share buybacks (CN¥)
CN¥2.39B CN¥1.36B CN¥4.05B CN¥6.17B 2022202320242025
Return on assets (%)
0.90% 5.40% 5.90% 8.20% 2022202320242025
Free cash flow margin (%)
-3.60% 12.90% 8.70% 4.70% 2022202320242025
Debt / equity (×)
0.18× 0.18× 0.19× 0.16× 2022202320242025
EPS (CN¥)
CN¥0.10 CN¥0.69 CN¥0.93 CN¥1.56 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Xiaomi Corporation trades at about 16.6× earnings — below its 10-year norm (10-year range 17.9×–129.2×, median 41×).

16.6× 129.2×

Shaded band = 10-year range (17.9×–129.2×); dot = today's 16.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin22.3%20.9%21.2%17.0%
Operating margin6.9%6.3%5.4%2.2%
Net margin9.1%6.5%6.4%0.9%
FCF margin4.7%8.7%12.9%-3.6%
Return on assets8.2%5.9%5.4%0.9%
Return on equity15.6%12.5%10.7%1.7%
Debt / equity0.09×0.09×0.13×0.15×
Current ratio1.321.291.721.79

Computed from company filings · HK · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.