NasdaqGS:LIAuto
Li Auto (NasdaqGS:LI) Stock Confronts Margin Collapse And A RMB 1.7b Loss
Li Auto came into this print on the back foot, with the stock down about 19% over the past three months, yet the immediate reaction was a muted 0.3% gain to US$12.18. That tiny move hides a much louder message in the numbers. Revenue reached RMB 25.7b while vehicle margin compressed to 9.4%, and the quarter swung to a net loss of RMB 1.7b. For a company often treated as a high growth China electric vehicle leader, the headline this time is clear: profit pressure is now front and center.
Is Li...