On January 27, Xiaomi Group-W in Hong Kong plunged 5.5% again to HK$16.48 per share, falling below the issue price of HK$17 again, while the total market value also fell to HK$412 billion, and if calculated at the closing price of HK$29.55 per share on January 27, 2021, Xiaomi Group-W lost HK$326 billion in market value in one year.
As soon as the incident came out, it immediately triggered heated discussion among netizens, "When the listed Lei boss said that everyone earned doubled, but can not talk and do not count ah", "I bought 30, lost and died, the New Year is difficult", "Lei boss should not put those deleted stock speculation software back", "when the owner of the listed company must have a strong heart, do not pay attention to these rumors".
Imagine that in July 2018, Xiaomi Group achieved a break on the first day of landing on the Hong Kong Stock Exchange, making Lei Jun's bold statement that "we want to double the stock price of investors who bought Xiaomi on the day of listing" into a joke. It was not until January 2021, affected by market conditions and other factors, Xiaomi's stock price finally broke through 34 Hong Kong dollars per share, and let it fulfill its promise of being more than two years late.
At this point, Lei Jun, who successfully "liberated", said that he no longer cared about the stock price. The surging news reported that "the psychological shadow caused by the broken hair has finally disappeared, and the rich tigers have been smoothly removed," Lei Jun said frankly.
But now, Xiaomi has fallen below the issue price.
According to the Forbes real-time rich list, Lei Jun's current net worth has shrunk to 14 billion US dollars, about 89 billion yuan, not only falling out of the 100 billionaire club, but also withdrawing from the list of the world's richest people.
In the third quarter of 2021, Xiaomi achieved revenue of 78.06 billion yuan, an increase of only 8.2% year-on-year; adjusted net profit of 5.18 billion yuan, an increase of 25.4% year-on-year. However, the smartphone business, which is the most important revenue pillar of Xiaomi, achieved revenue of 47.8 billion yuan in the quarter, an increase of only 4.4 percentage points year-on-year, which was not as good as the total revenue growth. Behind this is the embodiment of the decline in its mobile phone shipments.
According to counterpoint's latest Chinese smartphone data, in the fourth quarter of 2021, Xiaomi's market share was only 13%, ranking fifth, above Huawei. It is worth mentioning that Apple successfully topped this list, and this is also the first time since the fourth quarter of 2015 that it has gained the highest Market share in China, successfully breaking the record.
(Author 丨Shijie Feng Chenchen Editor 丨Liao Ying)