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Li Auto Inc. Announces Unaudited Third Quarter 2024 Financial Results

Li Auto Inc., a leader in China's new energy vehicle market, announced its unaudited financial results for the third quarter of 2024. The company reported quarterly total revenues of RMB42.9 billion and delivered 152,831 vehicles. The financial highlights include vehicle sales of RMB41.3 billion, gross profit of RMB9.2 billion, and a gross margin of 21.5%. These results represent significant growth compared to the same quarter in 2023.

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    • Press Release: Li Auto Inc. Announces Unaudited Third Quarter 2024 Financial Results

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    • HRHRHRHRHRHRHRHR
      ·2024-10-31

      Solid 3rd Quarter Earnings - LI AUTO

      Mr. Xiang Li, chairman and chief executive officer of Li Auto, commented, “We achieved record-breaking deliveries in the third quarter, further cementing our leadership among Chinese automotive brands in the RMB200,000 and above NEV market. In October, we celebrated a major milestone: one million cumulative deliveries, a first for emerging new energy automotive brands in China. These remarkable results highlighted our rapidly growing brand influence and users’ strong recognition of our advancements in intelligentization. As our vehicle deliveries continue to grow, we are creating a virtuous cycle of innovation and advancement, driving the intelligentization of Li Auto vehicles to new heights. Notably, our latest autonomous driving solution, which integrates an end-to-end (E2E) model and a
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      Solid 3rd Quarter Earnings - LI AUTO
    • HRHRHRHRHRHRHRHR
      ·2024-10-31
      The header information all wrong.  Net Income and Net Earnings Per Share Net income was RMB2.8 billion (US$401.9 million) in the third quarter of 2024, representing an increase of 0.3% from RMB2.8 billion in the third quarter of 2023 and an increase of 156.2% from RMB1.1 billion in the second quarter of 2024. Non-GAAP net income was RMB3.9 billion (US$548.8 million) in the third quarter of 2024, representing an increase of 11.1% from RMB3.5 billion in the third quarter of 2023 and an increase of 156.2% from RMB1.5 billion in the second quarter of 2024. Basic and diluted net earnings per ADS attributable to ordinary shareholders were RMB2.82 (US$0.40) and RMB2.66 (US$0.38) in the third quarter of 2024, respectively, compared with RMB2.86 and RMB2.67 in the third quarter of 2023, respec

      EV Shares Drop. Li Auto Plummets 13% as Profit Slips; Lucid Falls 5%

      EV shares fell on Thursday. Li Auto fell over 13%; Nikola fell nearly 7%; Lucid fell nearly 5%; VinF
      EV Shares Drop. Li Auto Plummets 13% as Profit Slips; Lucid Falls 5%
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    • HRHRHRHRHRHRHRHR
      ·2024-10-31
      Ya lol so shit 

      EV Shares Drop. Li Auto Plummets 13% as Profit Slips; Lucid Falls 5%

      EV shares fell on Thursday. Li Auto fell over 13%; Nikola fell nearly 7%; Lucid fell nearly 5%; VinF
      EV Shares Drop. Li Auto Plummets 13% as Profit Slips; Lucid Falls 5%
      看1.09K回复Comment
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    • Alvin2042Alvin2042
      ·2024-10-31
      This generate by AI? Don't find the missing expectations in error?

      EV Shares Drop. Li Auto Plummets 13% as Profit Slips; Lucid Falls 5%

      EV shares fell on Thursday. Li Auto fell over 13%; Nikola fell nearly 7%; Lucid fell nearly 5%; VinF
      EV Shares Drop. Li Auto Plummets 13% as Profit Slips; Lucid Falls 5%
      看1.82K回复Comment
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      编组 21备份 2Share
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