Xiaomi Corp Class B
01810: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| PC% | LOCK|t$Y | LOCK|yn^V%>n |
Xiaomi Earnings: Memory Prices and AI Investment Hit Profitability
Xiaomi's second-quarter results were again marred by weakness in its smartphone and lifestyle businesses, alongside investment in artificial intelligence, with consolidated revenue down 6% and underlying operating profit down 52%.
