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.

Latest News

11-01
Stock Track | Li Auto Shares Plummet as Q3 Earnings Disappoint, Competition Intensifies
Stock Track | Li Auto Shares Plummet as Q3 Earnings Disappoint, Competition Intensifies
11-01
Stock Track | Li Auto Shares Plunge as Q3 Profit Slips on Price Competition
Stock Track | Li Auto Shares Plunge as Q3 Profit Slips on Price Competition
11-01
异动解读 | 理想汽车三季度业绩未达预期 四季度营收指引平淡引发股价暴跌
异动解读 | 理想汽车三季度业绩未达预期 四季度营收指引平淡引发股价暴跌
10-31
EV Shares Drop. Li Auto Plummets 13% as Profit Slips; Lucid Falls 5%
EV Shares Drop. Li Auto Plummets 13% as Profit Slips; Lucid Falls 5%
10-31
Stock Track | Li Auto Plunges Over 11% as Q3 Earnings and Q4 Guidance Disappoint
Stock Track | Li Auto Plunges Over 11% as Q3 Earnings and Q4 Guidance Disappoint
10-31
Li Auto Beat Earnings Estimates. The Stock Is Down Anyway. -- Barrons.com
Li Auto Beat Earnings Estimates. The Stock Is Down Anyway. -- Barrons.com
10-31
Li Auto Q3 Earnings: 24% Topline Growth, 1 Million Deliveries Milestone, Q4 Revenue Outlook Lags Street View
Li Auto Q3 Earnings: 24% Topline Growth, 1 Million Deliveries Milestone, Q4 Revenue Outlook Lags Street View
10-31
Li Auto's Q3 Non-GAAP Earnings, Revenue Increase
Li Auto's Q3 Non-GAAP Earnings, Revenue Increase
10-31
U.S.-Listed Shares of Li Auto Fall 5.5% Premarket After Unaudited Q3 Results
U.S.-Listed Shares of Li Auto Fall 5.5% Premarket After Unaudited Q3 Results
10-31
Li Auto Q3 Adj. EPADS CNY3.63 Beats CNY2.31 Estimate, Sales CNY42.87B Beats CNY41.665B Estimate
Li Auto Q3 Adj. EPADS CNY3.63 Beats CNY2.31 Estimate, Sales CNY42.87B Beats CNY41.665B Estimate
10-31
Li Auto Unveils Q3 Results and Leadership Change
Li Auto Unveils Q3 Results and Leadership Change
10-31
CORRECTION: Li Auto Q3 Adj EPS $0.52 Beats $0.42 Estimate, Sales $6.11B Beat $5.84B Estimate
CORRECTION: Li Auto Q3 Adj EPS $0.52 Beats $0.42 Estimate, Sales $6.11B Beat $5.84B Estimate
10-31
Li Auto Reported Q3 Deliveries Of 152.8K, Up By 45.4% YoY
Li Auto Reported Q3 Deliveries Of 152.8K, Up By 45.4% YoY
10-31
Li Auto Inc: Total Deliveries for Q3 of 2024 Were 152,831 Vehicles
Li Auto Inc: Total Deliveries for Q3 of 2024 Were 152,831 Vehicles
10-31
Press Release: Li Auto Inc. Announces Unaudited Third Quarter 2024 Financial Results
Press Release: Li Auto Inc. Announces Unaudited Third Quarter 2024 Financial Results

User Discussion

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
Solid 3rd Quarter Earnings - LI AUTO
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%
Ya lol so shit 
EV Shares Drop. Li Auto Plummets 13% as Profit Slips; Lucid Falls 5%
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%