Express News | li auto inc Q3 revenue year-on-year growth of 23.6%, expected Q4 delivery volume to be 160,000 to 170,000 vehicles
CICC: Maintains li auto inc - W (02015) 'outperform' rating. Target price raised to HK$128.
CICC raised li auto inc's profit forecast for 2024 by 20% to 10.5 billion yuan.
Selected Announcement | li auto inc Q3 revenue increased by 23.6% year-on-year to 42.874 billion yuan; cspc pharma's net profit in the first 9 months decreased by 16% year-on-year to 4.495 billion yuan
Huishang Bank's revenue in the first 9 months was 29.655 billion yuan, a year-on-year increase of 2.66%; Asia Cement's revenue in the first 9 months was 4.119 billion yuan, a year-on-year decrease of 27.94%, resulting in a loss of 0.459 billion yuan.
US stocks closed: All 'Seven Giants' suffered heavy losses, with the S&P and Nasdaq posting their largest declines in nearly two months.
1. PHLX Semiconductor Index fell more than 4%; 2. The China concept stock Jinlong Index fell by 1.3%; 3. Apple's Greater China revenue fell short of expectations; 4. Guo Mingchi: the possibility of Super Micro Computer being suspended or delisted 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