CICC: Maintains li auto inc - W (02015) 'Outperform' rating, target price raised to HKD 128.
CICC raised li auto inc's profit forecast for 2024 by 20% to 10.5 billion yuan.
US stocks closed: 'Big Seven' all defeated, S&P and Nasdaq hit the largest decline in nearly two months.
1. PHLX Semiconductor Index fell more than 4%; 2. The China Concepts Stock Index dropped 1.3%; 3. Apple's Greater China revenue fell short of expectations; 4. Guo Mingchi: The possibility of super micro computer suspension or delisting is increasing.
Ideal Q3 phone meeting: Production needs to be expanded by the Spring Festival in 2025 to meet demand, aiming to capture over 25% market share of high-end new energy funds.
Li Xiang said that the biggest variable in the industry in the next 3-5 years comes from AI, including smart driving, intelligent assistants, which will bring completely different experiences to consumers, and is the true beginning of qualitative change. The ideal L series will still be in its prime for the next 1-2 years, and the ideal L6 is very popular, needing to expand production during the 2025 Spring Festival to meet demand. The long-term goal is to capture more than 25% market share in the new energy autos market priced above 0.2 million RMB.
Li Auto Inc. (LI) Q3 2024 Earnings Call Transcript Summary
Full Text | Ideal Q3 Earnings Conference Record: Hoping next year's sales growth rate will be twice that of the high-end new energy autos market.
li auto inc (NASDAQ: LI; HKEX: 2015) today released the third quarter financial report for the year 2024 ending on September 30: total revenue was 42.9 billion yuan, a year-on-year increase of 23.6% and a quarter-on-quarter increase of 35.3%. Net income was 2.8 billion yuan, a year-on-year increase of 0.3% and a quarter-on-quarter increase of 56.2%. Non-GAAP net income was 3.9 billion yuan, a year-on-year increase of 11.1% and a quarter-on-quarter increase of 156.2%. After the financial report was released, the li auto inc management held a conference call, attended by li auto inc Chairman and CEO Li Xiang, CFO Li Tie, President Ma Donghui, and senior vice president.
6-K: Li Auto Inc. Announces Unaudited Third Quarter 2024 Financial Results
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Red Guppy : Li Auto is more on hybrid when the 3 listed companies in the US are fighting for the top post. XPeng and Nio lost to Li Auto as the number of vehicles sold was leading by Li Auto. So Li Auto capitalisation is double of Nio and XPeng now. Nio still needs to beat Li Auto in the number of vehicles sold. Hope Nio can increase the sales number closer to Li Auto then Nio will be profitable like Li Auto.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
TWP PaPa OP Red Guppy : Most of us heard of the classic 3 little pigs story, we will know which pig is the winner?
Built foundation to be strong first don't care who sells more and time comes you got multiple sources of income and others relying on you. In they end 2 others pig ran to the 3rd pig home for shelter and support.