Li Auto Inc - ADR

NASDAQ:LI   3:59:59 PM EDT
30.68
-0.50 (-1.60%)
Other Pre-Announcement

Li Auto Inc Q1 Revenue Jumps Over 300%

Published: 05/26/2021 08:11 GMT
Li Auto Inc - ADR (LI) - .
Announces Unaudited First Quarter 2021 Financial Results.
Q1 Revenue Rose 319.8 Percent to Rmb 3.58 Billion.
Deliveries of Li Ones Were 12,579 Vehicles in Q1 of 2021, Representing a 334.4% Year-over-year Increase.
Total Revenues Were Rmb3.58 Billion (us$545.7 Million) in Q1 of 2021, Representing an Increase of 319.8% From Rmb851.7 Million in Q1 of 2020.
Vehicle Sales Were Rmb3.46 Billion (us$528.7 Million) in Q1 of 2021, Representing an Increase of 311.8%.
Basic and Diluted Net Loss per Ads Attributable to Ordinary Shareholders Were Both Rmb0.40 (us$0.06) in Q1 of 2021.
Net Loss Was Rmb360.0 Million (us$54.9 Million) in Q1 of 2021.
Sees Q2 2021 Deliveries of Vehicles to Be Between 14,500 and 15,500 Vehicles, Representing an Increase of 119.6% to 134.7% From Q2 2020.
Sees Q2 2021 Total Revenues to Be Between Rmb3.99 Billion (us$609.0 Million) and Rmb4.27 Billion (us$651.7 Million).