Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Xiaomi's share price for the quarter that ended in Dec. 2023 was $2.02. Xiaomi's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 25,082 Mil. Therefore, Xiaomi's market cap for the quarter that ended in Dec. 2023 was $50,666 Mil.
Xiaomi's quarterly market cap
increased
from Jun. 2023 ($34,242 Mil) to Sep. 2023 ($37,501 Mil) and
increased
from Sep. 2023 ($37,501 Mil) to Dec. 2023 ($50,666 Mil).
Xiaomi's annual market cap
declined
from Dec. 2021 ($59,923 Mil) to Dec. 2022 ($34,829 Mil) but then
increased
from Dec. 2022 ($34,829 Mil) to Dec. 2023 ($50,666 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Xiaomi's Enterprise Value for Today is $44,525 Mil.
Xiaomi Market Cap Historical Data
The historical data trend for Xiaomi's Market Cap 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.
For the Consumer Electronics subindustry, Xiaomi's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Xiaomi's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Xiaomi's Market Cap distribution charts can be found below:
* The bar in red indicates where Xiaomi's Market Cap falls into.
Xiaomi Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Xiaomi's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Xiaomi (OTCPK:XIACF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Xiaomi Market Cap Related Terms
Thank you for viewing the detailed overview of Xiaomi's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XIACF has been successfully added to your 