This afternoon, the Xiaomi Group company announced the results for Q2 (second quarter) of 2021. So let's start with the total turnover which reached 87,8 billion Yuan (8,9 billion euros), with an increase for the year. on year of 64,0%.
Xiaomi flies in Q2 2021: + 64% in turnover compared to the previous year
Adjusted net profit was Yuan 6,3 billion (€ 820 million), an 87,4% year-on-year increase. Both total revenue and adjusted net profit hit a record high in a single quarter, far exceeding market expectations.
The financial report shows that Xiaomi's smartphones climbed to second place in the world during the quarter, with global shipments of 52,9 million units, a year-on-year increase of 86,8% and a market share of 16,7. 12%. Global shipments of high-end smartphones exceed 59,1 million units. While the revenues from the sale of smartphones were 7,7 billion Yuan (XNUMX billion euros).
The average price of Xiaomi smartphones in the second quarter was 1116,7 Yuan (146 euros), an increase of 40 Yuan (5 euros) compared to last year.
Additionally, Xiaomi ranked # 22 in smartphone market share in XNUMX global markets and for the first time in Europe and Southeast Asia.
According to the financial report, Xiaomi's revenue from IoT and consumer products in the second quarter was 20,7 billion yuan (2,7 billion euros), a year-over-year increase of 35,9%.
The number of monthly active users of Xiao Ai exceeded 100 million for the first time, reaching 102 million. Finally, the volume of Xiaomi TV shipments to mainland China was the first for 10 consecutive quarters and among the top five in the world.
So very positive data for the Chinese brand, both in the mother country and in the rest of the world.
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