小米集团2023年Q3业绩PPT演示文稿-45页.docx

Q32023OverallFinancialHighlightsRMBRevenue70.9 billion0.6% YoYRMBGross ProfitMargin%22.7%YoYAdjustedNet Profit16.0 billion182.9% YoYIncluding expenses related to smart EV and other new initiatives2、RMBI .7 billionCashResources3RMB127.6 Ellion35.4% YoYQ32023OverallBusinessHighlightsSmartphones#3GlobalMarketShareRanking114.1%GlobalMarketShare155marketsRankedTop3165marketsRankedTop511AccordingtoCanalys,byshipmentsinQ320232AsofSeptember30,2023,excludingsmartphones,tabletsandlaptops3InSeptember2023AloT623.1millionGlobalMIUIMAU3Internet105%°Services15-9mjj011MainlandChinaMIUIMAU3阴嵬millionAloTConnectedDevices225.2%YoY13.7millionUserswith5orMoreConnectedDevices22R°YnYStrategyUpgradeXiaomi,sGoalfortheNextDecadeandTechnologyPhilosophyGoalfortheNextDecade2020-2030Committedtosustainableinvestmentsinfoundationalcoretechnologies,dedicatedtobecomingaleaderintheevolvingrealmofglobalcutting-edgetechnologiesXiaomiTechnologyPhilosophyContinuouslyinvestintechnologiesthatwillbenefithumanityStrategyUpgrade:HumanXCarXHomeJHomeHuman x CarAll your needs in one smart ecosystemXiaomiHyperOS:13YearsofExplorationMobileOS2010BirthofMIUI20142016201720192021EmbeddedOSUnifiedIoTdeviceconnectionprotocolIntroductionofXiaomiVelaSelf-DevelopedOSCross-platformquickappframeworkactivatedPre-developmentofXiaomiMinaOSIn-CarOSDevelopmentoftheoperatingsystemforXiaomiEVEarly 2022Late 2023Unifiedsoftwarearchitecture,systemdevelopmentlinesintegrationcompletedUnveiledXiaomiHyperOSXiaomiHyperOS:aHuman-centricOperatingSystemDesignedforHumanXCarXHomeJEcosystemComprehensiveRefactoring:OptimizeperformanceforindividualdeviceCross-DeviceIntelligentConnectivity:Xiaomi HyperCreateseamlesscrossend-deviceconnectionsOProactiveIntelligence:ServeasanintelligencehubdeliveringintelligentservicestousersEnd-to-EndSecurity:Ensurerobustcross-deviceandsystem-wideprivacyandsecurityUOpenPlatform:FosterecosystemdevelopmentcollaborationwithglobaldevelopersIoTOpenPlatformOpen-Sourcethe Vela System Individual DevelopersFull Access-SmartDevicePartnersJOpenAccesstoOver200CategoriesiHomeIndustryPartnersJExtendConnectivityStandardsBusinessandFinancialHighlightsGlobalSmartphoneShipmentsMarketShareIncreasedfor3ConsecutiveQuartersVendorQ32023Shipments(MillionUnits)Q32023MarketShareYoYShipmentsChangesSamsung58.619.9%-8.5%Apple50.017.0%-5.5%Xiaomi41.514.1%2.4%OPPO26.49.0%-7.5%Transsion26.08.8%39.5%Others92.131.2%-1.1%Total294.6100.0%-1.1%GlobalSmartphoneShipmentsandMarketShare14.1%12.9%GlobalSmartphoneShipments(MillionUnits)MarketShare(%)Source:Canalys,byshipments12MarketShareIncreasedinAllMajorMarketsGloballyinQ32023Q32023SmartphoneShipmentsRankingandMarketShare18.3%Latin AmericaNo.3 14.1%GlobalNo.2Asia17.7%India f+2.1%10.7%Africajt+2.6%13MarketShareImprovementComparewithQ22023Source:Canalys,byshipmentsXiaomi14Series:OurNewFlagshipwithEnhancedTechnologiesUJandXiaomiHyperOS1.aunchedinMainlandChinaiOctober2023O w r-r-fc ! Leica SummiluxEmHl ,v Optical LensesIndustry-leading /1.42 - /4.0 Variable ApertureCapabilityWorld's FirstSnapdragon 8 Gen 3Mobile PlatformXiaomi Hyper小女 » 31 CgXiaomi HyperOSUnleashing the FullPerformance Potential ofXiaomi14SeriesXiaomi Ceramic Glass10x Higher DropResistance and 1.25xHigher Scratch ResistanceInnovative All-AroundLiquid DisplayNote:SpecificationsbasedonXiaomi14Pro1InthefirstfiveminutesofsaleslaunchSteadfastExecutionofSmartphonePremiumizationStrategyIncreasingPositiveRatingsfromOurUsers Positive review rate on JD.com in one month after product launch. For Xiaomi 14Series, the positive review rate on JD.com was collected by the end of November 19, 2023. Based on ratings from Xiaomi JD self- operated flagship store1 5Xiaomi14Series99%+XiaomiMIXFold399%+Xiaomi13Series99%+XiaomiMIXFold299%+Xiaomi12SUltra98%+Smartphone Market Share2 by Week in Mainland ChinaRMB4,000-6,OOOSmartphoneMarketShare By units sold in mainland China, according to third-party data. W33-W45 refer to the week starts from Monday August 14, 2023 to Monday November 06, 2023byWeekinMainlandChina51.1%21.9%W33W34W35W36W37W38W39W40W41W42W43W44W45W33W34W35W36W37W38W39W40W41W42W43W44W45Record Results DuringDouble11ShoppingFestival小米之家销额同比增长77%手机销量同比堪长109%Offline Retail Store GMVup 77% YoY小米11.11终极战报全累调支付金蹴依224亿创历年大促新纪录aCumulativePaidGMVOverRMB22.4b川ion1RegisteredaShoppingFestivalRecordHigh1Acrossallchannelsandplatforms,From20:00:00October23,2023to23:59:59No2RMB4,000-6,000No.1domesticsmartphonebrandbysalesvolumeandsalesvaluevolume,from20:00:00October24,2023to23:59:59November11,2023acrossTmNovember11,2023acrossDouyin;RMB4,000-6,000No.1domesticsmartphonebr«xaomutint*>ember11,2023acrossJD.com;No.1domesticsmartphonebrandbysales)svolumeandsalesvalue,from20:00:00October20,2023to23:59:59)0October20,2023to23:59:59November11,2023acrossPinduoduoR&DExpensesRampeduptoRMB5.0billioninQ32023R&DExpensesRMBBillionsQ32023R&DExpensesUp22%YoYNumberofR&DEmployees253%+ofTotalEmployees1Source:NationalBureauofStatistics2AsofSeptember30,20232022R&DExpensesas%ofNationwideR&DExpenses10.5%+NumberofGrantedPatentsGlobally2355000+FullyEmbraceAlEnhance User Experience一ImproveOperationalEfficiencyAlReal-timeTranslationAlPortraitAlAssistantText-to-lmageGenerationAlInputMethodAlSmartpaintingAlImageExtender&AlImageSearchSalesForecastsIntelligentCustomerServiceNote:Thesefeaturesareavailableforuseafterobtainingeligibilityforthe"XiaomiHyperOSAlBetaTest"ontheXiaomiCommunity.Duringbetatestperiod,itisonlysupportedonXiaomi14series.Specificallyfor"AlSmartPainting*,itissupportedonXiaomiPad6Max14,XiaomiPad6ProandXiaomiPadMuringbetatestperiodafterobtainingeligibilityforthe*XiaomiHyperOSAlBetaTest'.Forspecificbetatestrules,pleaserefertotheuXiaomiHyperOSAlBetaTestAnnouncement'Q32023RevenueAchievedYoYandQoQGrowthTotalrevenueRMB70.9billion,up5.3%QoQandachievedYoYgrowthSmartphonesrevenuegrew13.8%QoQIoTandlifestyleproductsrevenuegrew8.5%YoYRevenueRMB Billions Smartphones IoT and lifestyle products Internet services OthersInternetservicesrevenuereachedarecordhigh,grew9.7%YoYGrossProfitMarginsReachedRecordHighsSmartphoneGrossProfitMargin%IoTGrossProfitMarginOverallGrossProfitMargin%Q32022Q42022Q12023Q22023Q32023MaintainedDisciplineinManagingOperatingExpensesOperatingExpensesRMBBillionsOperatingexpenses(excludingexpensesrelatedtosmartEVandothernewinitiatives)ExpensesrelatedtosmartEVandothernewinitiativesexcludingshare-basedcompensation(SBC)expensesSBCexpensesrelatedtosmartEVandothernewinitiativesAdjustedNetProfitIncreased182.9%YoYAdjustedNetProfit Defined as profit for the period, as adjusted by adding back (i) share-based compensation, (ii) net fair value changes on investments, (iii) amortization of intangible assets resulting from acquisitions, (iv) changes of value of financial liabilities to fund investors, and (v) income tax effects of on-IFRS adjustments Expenses related to smart EV and other new initiatives exclude share-based compensation expenses related to smart EV and other new initiatives22RMBBillions8.4%1.owestInventoryLevelsLeveragingOurComprehensivein 11 Quarters Management SystemInventoryRMBBillionsRawmaterialsFinishedgoodsOthers1ProvisionforimpairmentIncludingworkinprogress,spareparts,andothersRecordHighCashPositionCashResources Including but not limited to (i) cash and cash equivalents, (ii) restricted cash, (iii) short-term bank deposits, (iv) short-term investments measured at fair value through profit or loss, (v) short-term investments measured at amortized cost, (vi) long-term bank deposits and (vii) other investments included in long-term investments measured at fair value through profit or lossRMBBillionsOurcashresourceswereoverRMB127.6billion0SUJFullyIntegratedESGManagementintoOurBusinessOperationsESG RatmgsScore Improved from bothMSCI & SustainalyticsCarbon-NeutralityBy2040Achievecarbonneutralityinourownoperationsofourexistingbusinesses1World,sBestEmployerRecognizedonthe2023WORLD,SBESTEMPLOYERS1.istbyForbesOpportunitiesinCleanTechDataPrivacyandSecurity100%renewableenergyCarbonNeutralizationActionReportbytheendof2023ElectronicWasteHumanRights-SupplyChainOnthelistfor3consecutiveyearsPrivacy&DataSecurityCarbon-OwnOperationsBasedonorlatestearningsannouncement,ourexistingbusinessesincludesmartphones,IoTandlifestyleproducts,internetservices,andothersGivingbacktoOurSocietyTalentDevelopmentTechnologyInnovationPovertyandDisasterReliefCumulative Donation ofXiaomi Scholarships ProgramCovered Colleges andUniversities1XiaomiInnovationJointFundCumulativeDonationofandScientificProjectsBy Beijing Xiaomi Foundation, as of October 2023SmartphonesSmartphones Revenue RMB BillionsSmartphoneShipmentsExceeded41millionUnitsinQ32023AchievedBothYoYandQoQGrowthInQ32023,smartphonesrevenuewasRMB41.6billionSmartphoneshipmentswere41.8millionunits,rose27%QoQGrossprofitmarginreached16.6%,registeredarecordhighMainlandChinaSmartphoneShipmentsRankedNo.5inQ32023VendorQ32023Shipments(MillionUnits)Q32023MarketShareYoYShipmentsChangesHONOR11.817.7%-1.0%OPPO10.916.4%-9.7%Apple10.615.9%-5.8%vivo10.415.6%-26.0%Xiaomi9.113.6%0.4%Others13.920.8%21.3%Total66.7100.0%-4.5%30Source:Canalys,byshipmentsRedmiNote13Series:FlagshipExperienceforMassMarket1.aunchedinMainlandChinainSeptember2023Camera200MP SamsungISOCELL HP3 SensorDisplay1.5K FHD+AMOLED 1,800nit Peak BrightnessCharging5,OOOmAhBattery 120WFast-chargingXiaomi Imaging MastermindCorning GorillaGlass VictusRedmi X AAPELimited EditionSalesVolumeExceeded410,000UnitsintheFirstHourofSalesLaunch,/-31Note:SpecificationsbasedonRedmiNote13ProandonRedmiNote13Pro+ReinforceGlobalPresence1.atinAmericaSmartphoneshipmentsQ32023MiddleEastSmartphoneshipmentsQ32023Q32022Q32023Q32022Q32023Source:Canalys,byshipmentsAfricaSmartphoneshipmentsQ3202332Mi Home App MAU MillionsGlobalLeadingConsumerAIoTPlatformNumberofConnectedDevicesExcluding smartphones, tablets and laptopsMillions34ResilientIoTandUfeSDInQ32023,IoTandlifestyleproductsrevenuereachedRMB20.7billion,up8.5%YoYGrossprofitmarginreached17.8%,registeredarecordhighde Products RevenueIoTandLifestyleProductsRevenueRMBBillionsSmartTV:No.1TVShipmentsGlobalSmartTVShipmentsReached2.7millioninQ32023RankedTop5Globally1inMainlandChinainQ32023SmartLargeHomeAppliances:MomentumContinuedAirConditionersThe number of air conditionershipments by the end of Q3 2023exceeded 2022 full year levelRefrigeratorsRefrigeratorshipmentsreachedarecordhighofover670kunitsinQ32023,up95%YoYWashingMachinesWashingmachineshipmentsexceeded310kunitsinQ32023,up28%YoYTablets:RankedamongTop5GloballyRedmi Pad SELaunched in Overseas in August2023 Launchedin MainIandChinain September202338GlobalShipments1inQ32023up120%YoYRankedTop5Globally1inQ32023fortheFirstTimeRankedTop3inMainlandChina1inQ32023AccordingtoCanalys,byshipmentsinQ32023Wearables:LeadingLeading-BrandwsMainlandChinaShipmentsAccording to Canalys, by shipments in Q3 2023No.2PositioninMainlandChinaNew-Product-LaunchXiaomiSmartWatchS31.aunchedinMainIandChinainOctober2023A1.43"AMOLEDdisplayfeaturedasmooth60HzrefreshrateInnovativeinterchangeablebezeldesign1.everagingL1+L5dual-frequencyGNSSchipforprecisepositioningInternetServicesGlobalMIUIMAUReached623millionandMainlandChinaMIUIMAUReached152millioninQ32023GlobalMIUIMAU1reached623.1million,YoYgrowthof59.1millionMainlandChinaMIUIMAU1reached151.9million,YoYgrowthof10.5millionGlobalTVMAU2exceeded64millionQ3 2022 Q4 2022 Q1 2023 Q2 2023Q3 2023Mainlan China MIUI MAU d7.4%151.92.6Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023YoY %AllthreemetricsreachedrecordhighsInSeptember202341InSeptember2023,includingTV,TVboxandTVstickusersInternetServicesRevenueAchievedAnotherRecordHighInQ32023,internetservicesrevenuereachedRMB7.8billion,arecordhighAdvertisingrevenuereachedarecordhigh,up15.7%YoYInternet Services Revenue RMB Billions Advertising Gaming Other internet value-added servicesGamingrevenuecontinuedtogrowYoYforninthconsecutivequartersOverseas Internet ServicesRevenueReachedaRecordHighOverseas Internet Services Revenue as % of Total Internet Services RevenueInQ32023,overseasinternetservicesrevenuereachedarecordhighofRMB2.3billion,up35.8%YoY5accountingfor30.0%oftotalinternetservicesrevenue1Definedasprofitfortheperiod,asadjustedbyaddingback(i)share-basedcompensation,(ii)netfairvaluechangesoninvestments,(iii)amortizationofintangibleassetsresultingfromacquisitions,(iv)changesofvalueoffinancialliabilitiestofundinvestors,and(v)incometaxeffectsofon-IFRSadjustments2ExpensesrelatedtosmartEVandothernewinitiativesexcludeshare-basedcompensationexpensesrelatedtosmartEVandothernewinitiativesofRMBO.2billion3Includingbutnotlimitedto(i)cashandcashequivalents,(ii)restrictedcash,(iii)short-termbankdeposits,(iv)short-terminvestmentsmeasuredatfairvaluethroughprofitorloss,(v)short-terminvestments3measuredatamortizedcost,(vi)long-termbankdepositsand(vii)otherinvestmentsincludedinlong-terminvestmentsmeasuredatfairvaluethroughprofitorloss