---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39693013.md"
description: "$XIAOMI-W(01810.HK) In an extreme scenario, Xiaomi's valuation should reach HKD 500 billion, corresponding to about 19 per share. Just keep this in mind. The automotive business is worth 70 billion (compared to Leapmotor), the smartphone business 200 billion, the IoT business 150 billion, and other businesses 50 billion."
datetime: "2026-04-02T06:45:08.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39693013.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39693013.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39693013.md)
author: "[madwel](https://longbridge.com/en/profiles/19256027.md)"
---

# $XIAOMI-W(01810.HK) In an extreme scenario, Xiaomi…


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## Comments (17)

- **阿伯次的一无语 · 2026-04-08T02:27:15.000Z**: Bro, have you been checking the stocks lately?
  - **madwel** (2026-04-08T02:32:48.000Z): Look, but don't act
- **五千万退休 · 2026-04-02T07:23:30.000Z**: You're talking nonsense again. A few factories worth 70 billion already exceed net assets, and you're still talking about 500 billion. You didn't even mention Leapmotor's P/E ratio of 126.
  - **madwel** (2026-04-02T07:36:17.000Z): In extreme cases, new energy vehicles aren't valued by P/E ratio, but by P/S ratio. A factory worth 500 billion? Do you really understand Xiaomi?
- **小米，美团还钱 · 2026-04-02T06:49:09.000Z · 👍 2**: LOL, compared to Leapmotor... it's insane.
  - **madwel** (2026-04-02T06:50:11.000Z): What's the matter? Looking down on Leapmotor?
  - **小米，美团还钱** (2026-04-02T07:02:22.000Z): How much does a Leapmotor car cost? How much does a Xiaomi car cost?
  - **长桥为啥老要我登陆** (2026-04-02T07:04:51.000Z): Comparing it to Leapmotor's achievement is looking down on people...
- **Lucky2026 · 2026-04-02T06:46:48.000Z**: Alibaba
  - **madwel** (2026-04-02T06:50:51.000Z): With Alibaba Cloud services + Qwen large language model + T-Head Semiconductor, this combination alone is fully capable of supporting the current 2 trillion valuation.
  - **Lucky2026** (2026-04-02T06:52:28.000Z): It can keep falling, like a bottomless pit. I don't know if I should cut my losses and exit.
  - **madwel** (2026-04-02T07:05:43.000Z): Now is really not a good time to cut losses.