Live Analysis: Today, Li Auto Inc. (LI) is priced at $17.41, showing a decrease of -3.02% from the previous close. The trading volume is notable at $1.48 million, 45.24% above the average.
Earnings Overview: In the latest quarterly report released on Wednesday, March 11th, LI reported earnings per share of $0.00088, falling short of the consensus estimate of $0.02591. The total revenue amounted to $4 billion, exceeding the consensus estimate of $3.57 billion.
Ratios:
Despite the decrease in stock price, LI's trading volume and revenue figures remain strong. The company's profitability margins and debt ratios are areas to monitor for potential impact on future performance. Investors should keep a close eye on upcoming earnings calls for further insights into LI's financial health.
Li Auto Inc. operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company offers its products through online and offline channels. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.