Li Auto Inc (ADR) (OQ:LI)
Business Focus: Electrical (Alternative) Vehicles
| Sector: Consumer Cyclicals | Industry: Auto & Truck Manufacturers |
| Company Contact | |
| Address: | 11 Wenliang Street, Shunyi District BEIJING BEJ 100102 |
| Tel: | N/A |
| Website: | https://www.lixiang.com |
| IR: | See website |
| Key People | ||
| Xiang Li Chairman of the Board, Chief Executive Officer, Founder | Donghui Ma President, Executive Director | Tie Li Chief Financial Officer, Executive Director |
| Yan Xie Chief Technology Officer | Yee Wa Lau Joint Company Secretary | Yang Wang Joint Company Secretary |
| Business Overview |
| Li Auto Inc is a company mainly engaged in the design, development, manufacture and sale of smart electric vehicles. The main products include Li MEGA, high-voltage battery electric vehicle; Li L9, a six-seat flagship family sport utility vehicle (SUV); Li L8, a six-seat family SUV; Li L7, a five-seat flagship family SUV. The Company is also engaged in the provision of value-added services such as paid regular servicing of the vehicle, free vehicle pick-ups and deliveries, unlimited high-speed data plan, discounts on service and products offerings, installation of charging stalls, and vehicle internet connection services. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Li Auto Inc (ADR) revenues increased from RMB45.29B to RMB123.85B. Net income totaled RMB11.7B vs. loss of RMB2.01B. Revenues reflect Vehicles Sales segment increase from RMB44.11B to RMB120.29B, Other sales and services segment increase from RMB1.18B to RMB3.56B. Net Income reflects China (Mainland) segment income totaling RMB7.41B vs. loss of RMB3.65B. |
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