Li Auto Inc ADR

LI: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Li Auto Earnings: 2024 Largely In Line, but Weak First-Quarter Outlook Triggers Growth Concern

Vincent Sun

Mar 17, 2025

Li Auto’s fourth-quarter revenue was around the midpoint of its guidance and largely in line with our expectations. Vehicle margin slipped 310 basis points year on year and 130 basis points from the previous quarter due to product mix and retail discounts.

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Li Auto Inc ADR

Li Auto Earnings: 2024 Largely In Line, but Weak First-Quarter Outlook Triggers Growth Concern

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