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小米集团2019年Q4简报
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RMB billion,2010 Xiaomi was founded 2012 Revenue surpassed RMB10 billion 2014 Revenue surpassed USD10 billion, the fastest ever3 2017 Revenue surpassed RMB1 00 billion 2019 Became the youngest company on Fortune Global 500 list in August, ranked No.468 2019 Revenue surpassed RMB200 billion,In 2019 Total revenue was RMB205.8 billion, up 17.7% YoY Adjusted net profit1 was RMB11 .5 billion.
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RMB billion,2010 Xiaomi was founded 2012 Revenue surpassed RMB10 billion 2014 Revenue surpassed USD10 billion, the fastest ever3 2017 Revenue surpassed RMB1 00 billion 2019 Became the youngest company on Fortune Global 500 list in August, ranked No.468 2019 Revenue surpassed RMB200 billion,In 2019 Total revenue was RMB205.8 billion, up 17.7% YoY Adjusted net profit1 was RMB11 .5 billion, up 34.8% YoY,In Q4 2019 Total revenue was RMB56.5 billion, up 27.1% YoY Adjusted net profit1 was RMB2.3 billion, up 26.5% YoY,Accumulative R&D expenses from 2016 to 2020 expected to surpass RMB28.6 billion R&D expenses in 2019 increased 29.7% YoY R&D expenses in 2020 expected to surpass RMB10 billion,Prudent operation strategy during the 4G to 5G transition in 201 9 positions Xiaomi well to capture 5G opportunities,Redmi K30 5G - Bringing 5G technology to the mass market 10+ 5G models in our 2020 pipeline to accelerate 5G penetration Launched on December 10, 2019, with pricing starting from RMB1 ,999, bringing the price of 5G smartphone to below RMB2,000 for the first time,Production was impacted between February and early March, but has resumed to 80%-90% of normal level as of end of March 2020 Offline consumption was affected initially, but demands have seen a quick recovery Xiaomi has been comparatively less impacted due to our advantages in online channels Overseas markets impact expected to be in Q2 2020. Demand likely be deferred rather than lost Based on experience in China, smartphone demand is resilient and will rebound quickly With a strong global foothold and continuous expansion into new markets, we remain optimistic about the long-term potential of our overseas markets Both time spent and value-added service revenue grew strongly Advertising budgets from certain client verticals were impacted,201 9 smartphone revenue reached RMB122.1 billion, up 7.3% YoY Smartphone shipments reached 124.6 million units in 2019 Q4 201 9 smartphone revenue was RMB30.8 billion, up 22.8% YoY,IoT and lifestyle product revenue reached RMB62.1 billion in 201 9, up 41.7% from 2018 Q4 revenue was RMB1 9.5 billion, up 30.5% YoY,TV shipments reached ~12.8 million units in 201 9, up 51.9% YoY No.1 TV brand in mainland China: Xiaomi set an unprecedented record of achieving over 10 million annual shipments, accounting for 20%1 of market share No.1 smart TV brand in India2 No.5 TV brand globally3: Xiaomi's overseas market expansion expected to continue in 2020,MAU of AI Voice Assistant reached 60.milen in December 2019, up 55.79 YoY.
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