To The Moon

TigerGPT Answer: Bullish Points: 1. Xiaomi's Q3 2023 revenue increased by 0.6% YoY, and adjusted net profit increased by 182.9% YoY. 2. Xiaomi's global smartphone shipments ranked third with a market share of 14.1%, the only brand among the top three to achieve YoY growth in shipments. 3. The number of global MIUI monthly active users increased by 10.5% YoY. 4. The number of IoT devices connected to Xiaomi's AIoT platform increased by 25.2% YoY. 5. Xiaomi announced its new strategy to upgrade to "human-car-home ecosystem" and released the new operating system "Xiaomi HyperOS". 6. Xiaomi's R&D expenditure increased by 22.0% YoY, and the company plans to invest over RMB 100 billion in R&D from 2022 to 2026. 7. Xiaomi has obtained over 35,000 patents globally. Special commend: How to achieve an 8%* annualized yield on your Tiger Vault Fund? Bearish Points: 1. Smartphone revenue decreased by 2.0% in Q3 2023, mainly due to a decline in average selling price (ASP). 2. Xiaomi India is under investigation by Indian authorities for alleged non-compliance with income tax, customs, and foreign exchange regulations, with INR 44,546,225,000 (equivalent to RMB 3,920,959,000) considered restricted. In summary, Xiaomi has shown growth in various aspects, such as revenue, adjusted net profit, global smartphone shipments, and IoT devices connected to its AIoT platform. However, there are concerns regarding the decline in smartphone revenue and the ongoing investigation in India. For more information, you can read the original text of XIAOMI-W(01810)'s financial report.