Is EV industry is going to their previous glory ?
@ToughCoyote:
$Li Auto(LI)$ The performance exceeded expectations, and the net profit in the fourth quarter of last year increased by 41% to 96.8 million yuan, exceeding the expected estimate of 330 million yuan; the net profit was 265 million yuan. During the period, the operating profit increased by 37% to 569 million yuan on an annual basis, with an expected loss of 370 million yuan, which also turned into profit on a quarterly basis. Although the performance of Ideal Automobile exceeded market expectations, the annual net profit plummeted by 97.3% to 20.8 million yuan on an annual basis, and the net loss on account expanded to 2.03 billion yuan. The annual delivery of Ideal Automobile increased by 47.2% to 133 million vehicles year-round, and vehicle sal