Xiaomi (HKSE:01810) Total Assets : HK$368,367 Mil (As of Jun. 2024)

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What is Xiaomi Total Assets?

Xiaomi's Total Assets for the quarter that ended in Jun. 2024 was HK$368,367 Mil.

Warning Sign:

If a company builds assets at 16.3% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Xiaomi's average Total Assets Growth Rate was 19.80% per year. During the past 3 years, the average Total Assets Growth Rate was 8.10% per year. During the past 5 years, the average Total Assets Growth Rate was 16.30% per year.

During the past 9 years, Xiaomi's highest 3-Year average Total Assets Growth Rate was 54.20%. The lowest was 8.10%. And the median was 28.60%.

Total Assets is connected with ROA %. Xiaomi's annualized ROA % for the quarter that ended in Jun. 2024 was 6.07%. Total Assets is also linked to Revenue through Asset Turnover. Xiaomi's Asset Turnover for the quarter that ended in Jun. 2024 was 0.26.

Xiaomi Total Assets Historical Data

The historical data trend for Xiaomi's Total Assets 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 Total Assets Chart

Xiaomi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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204,333.54

300,720.36

358,636.54

305,429.53

354,655.00

Xiaomi Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															-	354,655.00	355,189.67	368,366.51	-

Xiaomi Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Xiaomi's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	179666.054	+	174988.949
	=	354,655

Xiaomi's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	186452.833	+	181913.677
	=	368,367

Xiaomi (HKSE:01810) Total Assets Explanation

Total Assets is connected with ROA %.

Xiaomi's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	21952.884	/	( (355189.668	+	368366.51)	/ 2 )
	=	21952.884	/	361778.089
	=	6.07 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Xiaomi's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	95691.612	/	( (355189.668	+	368366.51)	/ 2 )
=	95691.612	/	361778.089
=	0.26

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Xiaomi Total Assets Related Terms

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Xiaomi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xiaomi Corp (HKSE:01810) » Definitions » Total Assets

Traded in Other Exchanges

XIACY:USA XIACF:USA 1810:Mexico 3CP:Germany 3CP:Bulgaria

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 2024, 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.

Executives

Lei Jun	2307 Founder of a discretionary trust who can infl
Lin Bin	2301 Trustee
Ark Trust (hong Kong) Limited	2301 Trustee
Apex Star Llc	2101 Beneficial owner
Parkway Global Holdings Limited	2201 Interest of corporation controlled by you
Sunrise Vision Holdings Limited	2201 Interest of corporation controlled by you
Smart Mobile Holdings Limited	2101 Beneficial owner
Morningside Group International Limited	2201 Interest of corporation controlled by you
Morningside Venture (vii) Investments Limited	2201 Interest of corporation controlled by you
Morningside Ventures Limited	2201 Interest of corporation controlled by you
Morningside-springfield Group Limited	2201 Interest of corporation controlled by you

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