Li Auto's third-quarter revenue was 27.4 billion yuan, estimated at 26.62 billion yuan
Li Auto's revenue for the third quarter was 27.4 billion yuan, exceeding the expected 26.62 billion yuan. The revenue for the fourth quarter is expected to be between 26.5 billion and 29.2 billion yuan, lower than the market expectation of 37.25 billion yuan. The delivery volume for the third quarter was 93,211 vehicles, a year-on-year decrease of 39%, lower than the expected 93,987 vehicles. The revenue from vehicle sales was 25.87 billion yuan, a year-on-year decrease of 37%, but higher than the expected 25.08 billion yuan. The loss per share was 0.62 yuan, compared to a profit of 2.66 yuan per share in the same period last year
Li Auto expects revenue in the fourth quarter to be between RMB 26.5 billion and RMB 29.2 billion; it expects delivery volume in the fourth quarter to be between 100,000 and 110,000 vehicles.
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