Xiaomi Group Q3 2025: EV Profit Milestone & Market Volatility Analysis

• Xiaomi’s EV business achieved first quarterly profit of 700 million RMB [1]
• Q3 2025 adjusted net profit rose 80.9% YoY to 113 billion RMB [3,5]
• Founder Lei Jun purchased HK$100 million worth of shares to signal confidence [2]
• Stock touched 7-month low of HK$38.22 on Nov 18, down 6.3% daily [6]

Xiaomi reported strong Q3 2025 results with adjusted net profit reaching 113 billion RMB, an 80.9% YoY increase [3]. The EV segment marked a significant milestone with its first quarterly profit of 700 million RMB [1], while overall revenue slightly missed analyst expectations [6]. The official earnings report confirmed these figures [5].

Founder Lei Jun’s HK$100 million share purchase sent a strong confidence signal to the market [2]. Xiaomi’s EV drive continues to be a key growth driver, positioning the company for long-term expansion in the smart mobility space [7]. AI integration across products may lead to future pricing adjustments [8].

Post-results, Xiaomi’s stock hit a 7-month low of HK$38.22 [6]. Year-to-date, it has gained 13.5% but underperformed the恒生科技指数’s 25.6% increase. Analysts provided mixed ratings: Citi maintained a buy rating but lowered the target price to HK$50, while HSBC kept its buy rating at HK$49.90 [4].

Xiaomi demonstrates robust earnings growth and significant progress in its EV business, but faces short-term market pressure and margin challenges. The mixed sentiment reflects both long-term opportunities from EV expansion and short-term risks from market volatility and competitive pressures.