Streetbeat News

Li Auto Inc.

https://www.lixiang.com

Industry

Auto - Manufacturers

Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. 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, China.

Open

22.56

Mkt cap

22B

Volume

High

22.74

P/E Ratio

17.08

52-wk high

46.44

Low

22.36

Div yield

N/A

52-wk low

17.44

Li Auto's stock is nearing a buy zone due to strong financial performance, including a double beat in FQ3'24, excellent deliveries, and promising FQ4'24 guidance. The company benefits from rich profit margins and growing net cash, supporting its growth opportunities.

Portfolio Pulse from

November 20, 2024 | 6:15 pm

Wall Street analysts are optimistic about Li Auto (LI), which could influence investor decisions and impact the stock's price.

Portfolio Pulse from

November 18, 2024 | 3:45 pm

Li Auto, XPeng, and Nio, U.S.-listed Chinese EV startups, reported their October delivery numbers. Li Auto led with 51,443 vehicles, a 27.3% YoY increase. XPeng delivered 23,917 vehicles, a 20% YoY rise, while Nio delivered 20,976 vehicles, a 30.5% YoY increase.

Portfolio Pulse from Anan Ashraf

November 01, 2024 | 12:20 pm

Li Auto Inc. reported a 27.3% year-over-year increase in vehicle deliveries for October 2024, reaching 51,443 units. The company achieved over one million cumulative deliveries, marking a significant milestone as the first Chinese premium automotive brand to do so. Li Auto also introduced a new autonomous driving architecture and expanded its retail and service network.