Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen StarDevOps for the clue delivery! CTOnews.com March 24 news, Xiaomi today released the fourth quarter of 2022 and full-year results. According to the financial report, in the fourth quarter of 2022, Xiaomi's revenue was 66.05 billion yuan, with an adjusted net profit of 1.46 billion yuan; the total revenue in 2022 was 280 billion yuan, with an adjusted net profit of 8.5 billion yuan.

Xiaomi said that 2022 will be a challenging year, with a variety of factors affecting global economic development and industry changes. According to the International Monetary Fund, global economic growth is expected to slow from 6.2% in 2021 to 3.4% in 2022. In the face of a complex and difficult macro environment, the business of Xiaomi Group remains sound.

In 2022, the total income of Xiaomi Group reached 280 billion yuan, and the adjusted net profit reached 8.5 billion yuan. This year, the cost of innovative business such as intelligent electric vehicles is RMB 3.1 billion. In the fourth quarter of 2022, Xiaomi Group had a total revenue of 66 billion yuan and an adjusted net profit of 1.5 billion yuan, including 1.2 billion yuan for innovative business expenses such as smart electric vehicles, and in order to improve consumers' after-sales service experience. the one-time cost impact of updating the after-sales service policy for some series of smartphones in November 2022 is about 700 million yuan.

In 2022, Xiaomi Group's overseas market revenue was 137.8 billion yuan, accounting for 49.2% of the total revenue.

According to the financial report of CTOnews.com, Xiaomi Group's R & D expenditure reached 16 billion yuan in 2022, with a compound growth rate of 38.4% from 2017 to 2022, and the total R & D investment is expected to exceed 100 billion yuan in five years (2022-2026). As of December 31, 2022, R & D personnel accounted for about 50% of the total number of employees.

In the fourth quarter of 2022, Xiaomi Group's smartphone business revenue was 36.7 billion yuan, with global smartphone shipments of 32.7 million units. In the fourth quarter of 2022, shipments of high-end smartphones in Chinese mainland region accounted for 6.8% of overall smartphone shipments compared with the same period last year, and the average unit price of smartphones in Chinese mainland region increased by more than 14% year-on-year.

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