Li Auto Inc. Soars with Record-Breaking 2024 Results!
Wesley ParkFriday, Mar 14, 2025 4:46 am ET
4min readLadies and gentlemen, buckle up! just dropped its unaudited financial results for the fourth quarter and full year 2024, and let me tell you, the numbers are OFF THE CHARTS! This Chinese new energy vehicle powerhouse is on a tear, and you do not want to miss out on this ship!
First things first, delivered a whopping 158,696 vehicles in the fourth quarter of 2024, a 20.4% year-over-year increase! That's right, folks, this company is crushing it in the new energy vehicle market. And the full-year deliveries? A staggering 500,508 vehicles, up 33.1% from 2023. This is not just growth; this is EXPLOSIVE growth!
Now, let's talk about the money. Li Auto's total revenues for the fourth quarter of 2024 hit RMB44.3 billion (US$6.1 billion), a 6.1% increase from the same period last year. And for the full year? A mind-blowing RMB144.5 billion (US$19.8 billion). This company is printing money, and you need to be a part of it!
But wait, there's more! Li Auto's vehicle sales in the fourth quarter were RMB42.6 billion (US$5.8 billion), up 5.6% year-over-year. And the vehicle margin? A solid 19.7%. This company is not just selling cars; it's selling happiness, and the market is loving it!
Now, let's talk about the elephant in the room. Li Auto's gross margin did take a hit, dropping from 23.5% in the fourth quarter of 2023 to 20.3% in the fourth quarter of 2024. But don't you worry, folks! Li Auto is taking action. They've slashed operating expenses by 22.0% and are focusing on innovation and technology to stay ahead of the game. This is a company that knows how to adapt and thrive!
And the best part? Li Auto's extensive retail and service network is a game-changer. With 502 retail stores, 478 servicing centers, and 1,727 supercharging stations, this company is making it easy for customers to buy and service their vehicles. This is not just a car company; this is a customer experience company!
So, what's the bottom line? Li Auto Inc. is a no-brainer buy! This company is on fire, and you do not want to miss out on this opportunity. Do this! Buy Li Auto Inc. now and watch your portfolio soar to new heights!
Boo-yah! This stock's a winner!
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