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小米集团XIAOMI(1810)2025年第四季度及全年业绩报告「HKEX」(英文版)(59页).pdf

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1、1Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in relia

2、nce upon the whole or any part of the contents of this announcement.XIAOMI CORPORATION小米集團(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)Stock Codes:1810(HKD counter)and 81810(RMB counter)ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDE

3、D DECEMBER 31,2025The board(the“Board”)of directors(the“Directors”)of Xiaomi Corporation 小米集團(the“Company”)is pleased to announce the audited consolidated results of the Company and its subsidiaries(collectively,the“Group”)for the year ended December 31,2025.The consolidated financial statements for

4、 the year ended December 31,2025 have been audited by PricewaterhouseCoopers,the independent auditor of the Company(the“Auditor”)in accordance with International Standards on Auditing.The results have also been reviewed by the audit committee of the Company(the“Audit Committee”).In this announcement

5、,“we”,“us”,and“our”refer to the Company and where the context otherwise requires,the Group.KEY HIGHLIGHTSUnauditedThree months endedDecember 31,2025December 31,2024Year-over-year change(Renminbi(“RMB”)in millions,unless specified)Revenue116,916.5109,005.27.3%Gross profit24,362.822,454.98.5%Operating

6、 profit6,228.78,889.9-29.9%Profit before income tax7,120.59,407.7-24.3%Profit for the period6,543.88,995.3-27.3%Non-IFRS Measure:Adjusted Net Profit16,349.18,316.2-23.7%1 See the section entitled“Non-IFRS Measure:Adjusted Net Profit”for more information about the non-IFRS measure.2Year ended Decembe

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1. **业绩表现**:2025年总营收4573亿元(+25%),调整后净利润392亿元(+43.8%);Q4营收1169亿元(+7.3%),调整后净利润63亿元(-23.7%)。 2. **业务亮点**: - 智能手机×AIoT营收3512亿元(+5.4%),全球手机出货1.652亿台(市占率13.3%),AIoT连接设备10.79亿台(+19.3%)。 - 智能汽车等新业务营收1061亿元(+223.8%),交付41.1万辆(+200.4%),SU7系列成中国20万以上轿车销冠。 3. **技术突破**:研发投入331亿元(+37.8%),发布MiMo-V2-Pro万亿参数大模型,获多项技术奖项。 4. **股东回报**:2025年回购股份152.6百万股(耗资63亿港元),2026年启动25亿港元回购计划。
小米利润翻倍? 新车交付量暴涨? AI技术突破?
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