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Li Auto Reports 2024 Financial Results: Revenue Growth Amid Declining Profits

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Li Auto Reports 2024 Financial Results: Revenue Growth Amid Declining Profits

Li Auto, Inc. Class A ( (HK:2015) ) has shared an update.

Li Auto Inc. announced its unaudited annual consolidated results for the year ended December 31, 2024, showing a 16.6% increase in revenues compared to 2023. Despite the revenue growth, the company experienced a decline in net income by 31.9%, which may impact its financial positioning and investor confidence in the short term.

More about Li Auto, Inc. Class A

Li Auto Inc. operates in the automotive industry, focusing on the design, development, manufacturing, and sales of smart electric vehicles. The company is known for its innovative approach to integrating technology and sustainability in its products, primarily targeting the Chinese market.

YTD Price Performance: 9.73%

Average Trading Volume: 5

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €26.46B

For detailed information about 2015 stock, go to TipRanks’ Stock Analysis page.

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