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4Q Earnings Likely Exceeded Market Expectations -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2512998043","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512998043?lang=en_us&edition=fundamental","pubTime":"2025-02-17 11:02","pubTimestamp":1739761320,"startTime":"0","endTime":"0","summary":"0302 GMT - Xiaomi's 4Q earnings are likely to be strong and beat market expectations, thanks to potential surprises from core business revenue growth, Citi analysts write in a note. The company's favorable smartphone mix and China subsidies could boost its topline growth, they say. The electric-vehicle sector is expected to stay on track with around a 20% gross margin and solid order backlog. Citi estimates that the adjusted net income for 4Q will be around CNY6.8 billion, beating consensus by 19%. Given the Chinese government's subsidy, the company could see robust growth in Internet-of-Things and high-end smartphone sales in 4Q, they add. Citi maintains its buy rating for the stock and raises the target price to HK$51.70 from HK$41.00. Shares last at HK$44.60. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01810"],"gpt_icon":1},{"id":"2512796746","title":"Xiaomi Could Be Major Beneficiary of AI Boost, China Govt Subsidies -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2512796746","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512796746?lang=en_us&edition=fundamental","pubTime":"2025-02-17 10:17","pubTimestamp":1739758620,"startTime":"0","endTime":"0","summary":"0217 GMT - Xiaomi looks set to keep outperforming thanks to tailwinds like the Chinese AI sector upswing, Daiwa analyst John Choi writes in a note. The company's smartphone shipments have been boosted by a new model series and government subsidies, he says. Canalys data showed that Xiaomi shipped 42.7 million smartphones in 4Q, brining full-year deliveries to 168.6 million, he adds. Consumer subsidies and market expansion will likely drive better-than-expected sales of Internet of Things devices as well, he adds. The brokerage forecasts higher IoT revenue of CNY30.5 billion in 4Q, up 29% on year thanks to a better revenue mix and market growth. Daiwa keeps an outperform rating on the stock and raises the target to HK$50.00 from HK$31.50. Shares last at HK$43.80. 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