拼多多2020年Q4财报及全年业绩报告。

单车成本不断下降,规模效应带动盈利能力持续提升，自由现金流充足。2021年特斯拉全年营收538亿美元，同比+71%;其中,汽车业务营收472亿美元，同比+73%。2021年Q4, 特斯拉毛利率27 .4%，其中汽车销售业务毛利率30.6%，特斯拉毛利率持续提升并全面领先主要OEM。扣掉新工厂资本开支等的65亿美元，2021年特斯拉在创造了55.2亿美元(同比+665%)的GAAP净利润，同时产生了50.2亿美元的自由现金流,造血能力不断变强。

RMB billion,2010 Xiaomi was founded 2012 Revenue surpassed RMB10 billion 2014 Revenue surpassed USD10 billion, the fastest ever3 2017 Revenue surpassed RMB1 00 billion 2019 Became the youngest company on Fortune Global 500 list in August, ranked No.468 2019 Revenue surpassed RMB200 billion,In 2019 Total revenue was RMB205.8 billion, up 17.7% YoY Adjusted net profit1 was RMB11 .5 billion.

此报告是完美世界2020年第一季度财报。

公司财务表现：二零一九年第一季收入同比增长16%，主要是受商业支付服务及其他金融科技服务、社交广告及数字內容服务所推动。非通用会计准则经营盈利同比增长13%。经营盈利同比增长20%。非通用会计准则本公司权益持有人应估盈利同比增长14%。本公司权益持有人应估盈利同比增长17%。

2019年，境外市場收入達到人民幣912億元，同比增長30.4%。

Cash and cash equivalents, time deposits and shortterm investments.

In Q4 2020Total revenue was RMB70.5 billion, up 24.8% YoYAdjusted net profit1 was RMB3.2 billion, up 36.7% YoY,In 2020 Total revenue was RMB245.9 billion, up 19.4% YoY Adjusted net profit1 was RMB13.0 billion, up 12.8% YoY,Over 1 million units of Mi 1 1 was sold within 21 days in mainland China New Xiaomi users accounted for over 50% of Mi 11 users.

The U.S. dollar (US$) amounts disclosed in this announcement, except for those transaction amounts that were actually setled in U.S. dollars, are presented solely for the convenience of the readers.

Principles of Consolidation and Basis of Presentation.

12月行业销量接近转正，Q4同比降幅显著改善，2019年商强乘弱，2020年乘用车有望弱复苏，绝对底部确认安全边际，强产品周期提供向上弹性。

董事會欣然宣佈本集團截至二零二零年六月三十日止三個月及六個月的未經審核綜合業績。該等中期業績已經由核數師根據國際審計和核證準則委員會頒佈的國際審閱業務準則第2410號「由實體的獨立核數師審閱中期財務資料」審閱，並經審核委員會審閱。

特斯拉 Q4 业绩大超预期，20年 Model Y 交付提前 Q1，国产Model3 提产迅速。欧洲市场大众等传统车企提速奋力直追，后续 50 多款平台车型如期推进。而国内疫情影响短期产销量，后续政策拐点明确，2020 年政策和销量拐点大年确定，中国供应链崛起，进入海外供应链的龙头的订单尤其好，新产品新周期，电动车持续高增长确定。重点推荐海外占比高的中游龙头。

2018Total revenue RMB1 74.9 billion YoY growth of 52.6% Adjusted net profit1 RMB8.6 billion YoY growth of 59.5%.According to IDC, Xiaomi achieved 32.2% YoY growth in smartphone shipments while the global market declined by 4.1% in 2018,Accumulated RMB1 1.1 billion of R&D expenses for the past 3 years RMB5.8 billion of R&D expense in 2018,Quality: widely recognized by the most authoritative quality organizations in China,Redmi Note 7 offers an 18-month long warranty, raising the industry standard by 50%,Mi 9 series supply is expected to exceed 1.5 million units by March 2019,Mr. Lu Weibing was appointed Group Vice President and Head of Redmi brand on January 10th, 2019 Graduated from Tsinghua University.

2021年第三季度，我們的總收入同比增長37.9%，由2020年同期的人民幣354億元增加至人民幣488億元。

2021年第三季度，小米集团總收入達到人民幣781億元，同比增長8.2%;經調整淨利潤達到人民幣52億元，同比增長25.4%。