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home / news releases / XIACY - Xiaomi: Ambitious Goals Unveiled At Recent Investor Day

XIACY - Xiaomi: Ambitious Goals Unveiled At Recent Investor Day

Xiaomi Corp ADR
  • Xiaomi was the second largest smartphone player globally in Q2 2021, and it now targets becoming the top-ranking company in terms of smartphone shipments worldwide in three years' time.
  • Xiaomi also aims to engage in the mass production of electric vehicles by the first half of 2024, following its initial announcement to enter this space in March this year.
  • The market values Xiaomi at consensus forward FY 2021 and FY 2022 normalized P/E multiples of 22.5 times and 19.0 times, respectively.

For further details see:

Xiaomi: Ambitious Goals Unveiled At Recent Investor Day
Stock Information
Company Name: Xiaomi Corp ADR
Stock Symbol: XIACY
Market: OTC
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