小米集团（1810.HK）业绩回顾：2025年第一季度业绩因AIoT/电动汽车业务及强劲的中国销售而超预期；未来一个月将有重要事件；上调目标价并重申买入
高盛·2025-05-30 10:30
28 May 2025 | 6:43AM HKT Xiaomi Corp. (1810.HK) Buy Earnings Review: 1Q25 results beat on AIoT/EV and strong China sales; An eventful month ahead; Raise TP and reiterate Buy | | | Xiaomi's 1Q25 results stayed robust and beat expectations. Revenue grew +47% yoy to Rmb111bn (2% above GSe/Visible Alpha Consensus Data, or +23% yoy for the core business) and adj. net profit grew +65% yoy to Rmb10.7bn (13-14% above GSe/consensus, or +24% yoy for the core business). Key segments that we focus on into results – AIo ...