In the last period Xiaomi is celebrating several milestones such as joining the TOP 5 of the best companies in the world according to Kantar BrandZ. Today the company informs us that this body is not the only one to have rewarded it. Even the eminent newspaper Forbes has decided to place it in its ranking of major companies on Earth and to our surprise (but not so much) to a higher position than that of 2020. In fact, we pass from the 384th position to the 222nd this year.
Also this year Xiaomi has returned to the top 500 of the largest companies in the world according to Forbes. Compared to last year, however, it is higher in the ranking!
According to Forbes statistics, Xiaomi's turnover in 2020 was 35.7 billion dollars and the net profit will be $ 3 billion. The list of Forbes is produced on the basis of the four main metrics: sales, profits, organisers' activities e value di market. The 2.000 listed companies in the world with the highest market value are selected each year. Consequently Xiaomi is in position 222 on 2000: a great achievement considering that it has climbed precisely 162 positions compared to last year.
According to Forbes statistics, Xiaomi's turnover in 2020 was 35.7 billion dollars and the net profit will be $ 3 billion. The list of Forbes is produced on the basis of the four main metrics: sales, profits, organisers' activities e value di market. The 2.000 listed companies in the world with the highest market value are selected each year. Consequently Xiaomi is in position 222 on 2000: a great achievement considering that it has climbed precisely 162 positions compared to last year.
The financial report shows that the revenue Xiaomi's totals in 2020 reached i 245.9 billion of renminbi (Chinese currency), with an increase of 19.4% on an annual basis. The shipments global smartphones have caught up 146.4 million of units during the year, with an increase of 17.5% on an annual basis. Remember that the Forbes ranking does not reveal the best companies, but the ones more. This means that, despite our perception of how big Xiaomi is, it still has a long way to go.
