LI AUTO Reports Significant Increase in Revenue for Q2 of FY2023 with CNY 28652.7 Million

August 19, 2023

☀️Earnings Overview

On June 30, 2023, LI AUTO ($NASDAQ:LI) reported its financial results for the second quarter of FY2023, with total revenue of CNY 28652.7 million, which is an impressive surge from the CNY 8732.6 million reported during the same period last year. Additionally, their net income for the quarter was CNY 2293.2 million, a significant improvement compared to the CNY -618.0 million reported in the same period of the previous year.

Stock Price

On Tuesday, LI AUTO reported a significant increase in revenue for the second quarter of fiscal year 2023 with a total of CNY 28652.7 million. Despite this impressive news, the public reaction was not as positive as expected, with LI AUTO stock opening at $42.7 and closing at $42.6, a drop of 8.6% from the prior closing price of $46.6. However, despite this slight dip in stock prices, many analysts remain bullish about LI AUTO’s long-term prospects. Furthermore, LI AUTO is planning to expand into new markets as well as increase its production capabilities, both of which could result in a surge in their stock prices in the future. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Li Auto. More…

    Total Revenues Net Income Net Margin
    74.43k 1.84k 2.5%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Li Auto. More…

    Operations Investing Financing
    23.31k -307.21 1.66k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Li Auto. More…

    Total Assets Total Liabilities Book Value Per Share
    103.12k 53.88k 49.72
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Li Auto are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    442.0% 2.6%
    FCF Margin ROE ROA
    23.6% 2.5% 1.2%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we conducted an analysis of LI AUTO‘s financials and found it to be a medium risk investment in terms of financial and business aspects. We determined this risk rating based on a thorough examination of their balance sheet and cashflow statement. We even detected 2 specific risk warnings – if you register with us, you can check them out. Ultimately, our analysis shows that LI AUTO is a mid-level risk investment, but with some potential reward. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Summary

    Investors should take a closer look at LI AUTO‘s second quarter results for FY2023, which reported total revenue of CNY 28652.7 million, a remarkable increase from the CNY 8732.6 million reported in the same period a year prior. Net income was also notably higher at CNY 2293.2 million, compared to CNY -618.0 million in the same period in the previous year. Despite this impressive financial performance, the stock price has moved down the same day. While this unexpected movement may warrant further investigation, the underlying financial numbers suggest that LI AUTO is continuing to grow and should be viewed as a promising investment opportunity.

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