Li Auto Expects Q2 Revenue of RMB29.9B-RMB31.4B, up by 4.2%-9.4% YoY Vs RMB37.63B Est, Vehicle Deliveries of 105K-110K, up by 21.3%-27.1% YoY
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Li Auto expects Q2 2024 revenue to be between RMB29.9B and RMB31.4B, up 4.2%-9.4% YoY, and vehicle deliveries to be between 105K and 110K, up 21.3%-27.1% YoY.
May 20, 2024 | 8:40 am
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Li Auto expects Q2 2024 revenue to be between RMB29.9B and RMB31.4B, representing a YoY increase of 4.2%-9.4%, and vehicle deliveries to be between 105K and 110K, up 21.3%-27.1% YoY. However, the revenue estimate is below the expected RMB37.63B.
While the projected revenue and vehicle deliveries show significant YoY growth, the revenue estimate falls short of the expected RMB37.63B, which may neutralize the positive impact of the growth figures.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100