Home News Forbes ranked Xiaomi 222th on the world’s listed companies

Forbes ranked Xiaomi 222th on the world’s listed companies

by Sheetal

According to Xiaomi’s official, Forbes magazine recently released the 2021 “Global Listed Company 2000” ranking (“Forbes” Global 2000), Xiaomi ranks 222nd, up 162 places from last year’s ranking.

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As per the Forbes statistics, in 2020, Xiaomi’s turnover will be 35.7 billion U.S. dollars, and its net profit will be 3 billion U.S. dollars . Forbes’ list is based on four main metrics of sales, profits, assets and market value. Every year, 2,000 listed companies with the highest market value in the world are selected.

 

The financial report shows that the total revenue of Xiaomi Group will reach RMB 245.9 billion in 2020, an increase of 19.4% year-on-year. Global smartphone shipments reached 146.4 million units throughout the year, an increase of 17.5% year-on-year.

Previously, it’s reported that in 2021, Forbes Global 2000, Industrial and Commercial Bank of China ranked first, ranking first for nine consecutive years. Apple was ranked sixth and Samsung Electronics was eleventh. In addition, Facebook ranked 33rd, Sony 35th and Intel 36th. Kuaishou entered the list with an 1125 ranking for the first time.

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