Case Study of Cost Management and Control - Xiaomi as an Example

Authors

  • Tingting Shen

DOI:

https://doi.org/10.54691/bcpbm.v23i.1487

Keywords:

Cost Management, Cost Control, Performance Analysis.

Abstract

This paper analyzes Xiaomi's cost structure from the perspective of cost management and control.Based on the data from 2015 to 2019, the performance analysis of relevant financial indicators of Xiaomi and Huawei, combined with the current internal control status under the cost structure, provides relevant suggestions for Xiaomi to achieve sustainable and long-term competitive advantages.

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References

Original data from Xiaomi Technology Limited (01810) annual reports for various years.

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Du Sheng. Research on the evaluation of Xiaomi's financial performance under the business ecosystem model [D]. East China Jiaotong University, 2020.

Liu Yihan. Strategic cost management under value network [J]. Business Accounting, 2020(05): 94-96.

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Hong Hong, Xiong Niannian, Xiong Qiao. Corporate cost structure in the view of value chain contraction-based on the case of Xiaomi company [J]. Finance and Accounting Monthly, 2018(02): 105-111.

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Published

2022-08-04