Xiaomi (Xiaomi) Tax Rate %

: 17.10% (As of Dec. 2023)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Xiaomi's Tax Expense for the three months ended in Dec. 2023 was $136 Mil. Xiaomi's Pre-Tax Income for the three months ended in Dec. 2023 was $798 Mil. Therefore, Xiaomi's Tax Rate % for the quarter that ended in Dec. 2023 was 17.10%.

Xiaomi Tax Rate % Historical Data

The historical data trend for Xiaomi's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Xiaomi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

16.93

6.11

21.03

36.39

20.61

Xiaomi Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %																17.41	22.93	26.03	17.29	17.10

Xiaomi Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Xiaomi's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	635.396	/	3082.693
	=	20.61 %

Xiaomi's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	136.409	/	797.94
	=	17.10 %

Xiaomi Tax Rate % Related Terms

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Xiaomi (Xiaomi) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xiaomi Corp (OTCPK:XIACF) » Definitions » Tax Rate %

Traded in Other Exchanges

XIACY:USA 1810:Mexico 01810:Hong Kong 3CP:Germany

Address

Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, CHN

Website

https://www.mi.com

Xiaomi is a technology product and services company founded in early 2010, focusing mainly on smartphones and Internet of Things products and related internet services. An early adopter of online smartphone sales, Xiaomi uses Android as its operating system but has its own customized user interface called MIUI. As competition in its home Chinese smartphone market intensified and growth has slowed, it has expanded into other markets and has become the smartphone market leader in India and is gaining market share in Europe. From 2020 to 2022, from a country perspective, around 50% of its overall revenue was generated in mainland China, down from 94% in 2015. The company listed on the Hong Kong market at the beginning of July 2018.