Li Auto Reports Q4 Revenue of 44.3 Billion Yuan, Total Deliveries 500,508, Net Profit Falls 31.9% to 8 Billion Yuan

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Published Mar 14, 2025, 09:53 AM

Li Auto reported a fourth-quarter revenue of 44.3 billion yuan for 2024, marking an increase from 41.73 billion yuan in the previous year. The company achieved total vehicle deliveries of 500,508 units in 2024, a rise of 33.1% compared to 376,030 units in 2023. Despite the record revenue, Li Auto's net profit fell to 8 billion yuan, down 31.9% year-on-year. Looking ahead, the company anticipates vehicle deliveries for the first quarter of 2025 to be between 88,000 and 93,000 units, which represents a year-on-year increase of 9.5% to 15.7%. This guidance suggests that March deliveries are expected to range from 31,810 to 36,810 units.

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Sources

wsj.com barrons.com cnevpost.com

CnEVPost

@CnEVPost

Li Auto guided for vehicle deliveries in the range of 88,000 to 93,000 in Q1, implying that it expects March deliveries to be in the range of 31,810 to 36,810 units. $LI https://t.co/dOsxxhvJsk

WSJ Business News

@WSJbusiness

Li Auto Profit Drops Despite Record Revenue https://t.co/6XrTbKSYPI

Barron's

@barronsonline

Li Auto Stock Falls. Here’s What’s Driving the Slump. https://t.co/jVV9QY0Jj8