Xiaomi has unveiled its comprehensive 2024 financial report, marking new pinnacles in both revenue and profit, thereby securing its position as China's most valuable automaker by market capitalization. The company's annual revenue soared to RMB 365.9 billion, representing a year-on-year growth of 35%, while its adjusted net profit amounted to RMB 27.2 billion, up 41.3% from the previous year. This translates to Xiaomi generating approximately RMB 1 billion in revenue and pocketing RMB 74.52 million in profit daily, showcasing its remarkable efficiency within the manufacturing industry.
