Li Auto Stock News

Li Auto Inc. (LI) CEO Xiang Li on Q3 2021 Results - Earnings Call Transcript

Earnings expected from Li Auto

Chinese EV maker Li Auto released its unaudited third-quarter earnings on Monday. The financial report shows that its total revenues were 7.78 billion yuan ($1.21 billion) in the third quarter of 2021. The post Li Auto Q3 Net Loss Reaches $3.3 Million, Delivers 25,116 Li ONEs appeared first on Pandaily .

Shares of Li Auto Inc. shot up 7.8% toward a five-month high in premarket trading Monday, after the China-based electric vehicle maker reported third-quarter revenue that rose well above expectations as deliveries nearly tripled, as "strong order intake and users'' rising acceptance of smart electric vehicles" helped offset headwinds from chip supply shortages. The net loss narrowed to RMB21.5 million ($3.3 million), or RMB0.02 per American depositary share, from a loss of RMB320.7 million, or RMB0.52 per ADS in the year-ago period. Excluding nonrecurring items, net income rose to RMB335.7 million from RMB16.0 million. Total revenue hiked up 209.7% to RMB7.78 billion ($1.21 billion), above the FactSet consensus of RMB7.26 billion, as cost of sales grew 196.1% to RMB5.96 billion. Deliveries jumped 190.0% to 25,116 vehicles, while vehicle sales increased 199.7% to RMB7.39 billion ($1.15 billion) and vehicle margin rose to 21.1% from 19.8%. For the fourth quarter, the company expects deliveries of between 30,000 and 32,000 vehicles and revenue of between RMB8.82 billion and RMB9.41 billion, compared with the FactSet consensus of RMB8.78 billion.

(RTTNews) - Li Auto Inc. (LI) said it delivered strong results in the third quarter, achieving revenue growth of 209.7% year over year. The company delivered 25,116 vehicles during the third quarter, growing 190.0% year over year. The company said it will further increase production capacity through the addition of the Beijing manufacturing base.

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Quarterly total revenues reached RMB7.78 billion (US$1.21 billion) 1 Quarterly deliveries reached 25,116 vehicles Quarterly gross margin reached 23.3%

Li Auto Inc. (NASDAQ: LI) shares are trading higher after the company reported better-than-expected third-quarter financial results. Li Auto reported third-quarter diluted earnings per ADS of 5 cents,

Li Auto (NASDAQ:LI) reported its Q3 earnings results on Monday, November 29, 2021 at 05:00 AM. Here's what investors need to know about the announcement.

Li Auto Inc (NASDAQ: LI) reported third-quarter FY21 sales growth of 209.7% year-on-year, to RMB7.78 billion ($1.21 billion), above the consensus of $1.16 billion. Non-GAAP earnings per ADS attribu

Shares of Li Auto Inc. LI, shot up 7.8% toward a five-month high in premarket trading Monday, after the China-based electric vehicle maker reported third-quarter revenue that rose well above expectati

The stock price of Li Auto Inc (NASDAQ: LI) increased by over 5% pre-market today. This is why it happened.

Chinese electric vehicle maker Li Auto reports $1.21 billion in third-quarter sales. Wall Street was looking for $1.13 billion.

The post Li Auto Stock Near Buy Points With Earnings Due, Amid EV Sector Slump appeared on BitcoinEthereumNews.com . China-based Li Auto (LI) reports third-quarter earnings early Monday, as the electric-vehicle startup gears up to offer more models and investors look to see if chip woes are beginning to