Xiaomi : 2021 Q4 Results Presentation

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Q4 2021 Key Highlights

Leading Smartphone

Robust Financial Performance

Market Position

Revenue		Adjusted Net Profit1		#3		44.1 million
85.6 billion		4.5 billion
		Global		Global
RMB		RMB		Market Share2		Smartphone Shipments
21.4% YoY		39.6% YoY

Growing User BaseLeading AIoT Platform

508.9 million		129.8 million		434.0 million		8.8 million
Global MIUI MAU3		Mainland China MIUI MAU3		AIoT Connected Devices4		Users with 5 or More
28.4% YoY		17.0% YoY		33.6% YoY		Connected Devices4
						40.4% YoY

1. Defined as profit for the period, as adjusted by adding back (i) share-based compensation, (ii) net fair value changes on investments, (iii) amortization of intangible assets resulting from acquisitions, (iv) changes of value of financial liabilities to fund investors, and (v) income tax effects of non-IFRS adjustments
2. According to Canalys, by shipments in Q4 2021

3 In December 2021	3

4 As of December 31, 2021, excluding smartphones, laptops, and tablets

Remarkable Growth Achieved in 2021

In 2021

Total revenue RMB328.3 billion, up 33.5% YoY

Revenue of each segment achieved record highs

Adjusted net profit1 RMB22.0 billion, up 69.5% YoY

Revenue	Adjusted Net Profit1
RMB Billions	RMB Billions

33.5% 328.3
	28.2	69.5%	22.0
245.9	85.0
23.8
67.4		13.0
	208.9
152.2
2020	2021	2020	2021

Smartphones		IoT and lifestyle products
Internet services		Others

1 Defined as profit for the period, as adjusted by adding back (i) share-based compensation, (ii) net fair value changes on investments, (iii) amortization of intangible assets resulting from acquisitions, (iv)

changes of value of financial liabilities to fund investors, and (v) income tax effects of non-IFRS adjustments

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R&D Expenses Exceeded RMB13 billion in 2021, up 42.3% YoY

R&D Expenses

RMB Billions

42.3%

13.2

9.3

20202021

2021 Key R&D Accomplishments

CyberDog	CyberFocus	Surge P1
Imaging
Robot	Charging IC
Algorithm

Smart
Glasses	Liquid	Surge C1
Exploration	Lens	Image IC
Edition
		···

Expected R&D Investment Over Next 5 Years

Over RMB100 billion

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