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2021-08-30
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Li Auto Inc. Announces Unaudited Second Quarter 2021 Financial Results
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Announces Unaudited Second Quarter 2021 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=1188489761","media":"GlobeNewswire","summary":"BEIJING, China, Aug. 30, 2021 -- Li Auto Inc. , an innovator in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended June 30, 2021.Operating Highlights for the Second Quarter of 2021. Deliveries of Li ONEs were 17,575 vehicles in the second quarter of 2021, representing a 166.1% year-over-year increase.Financial Highlights for the Second Quarter of 2021. Vehicle sales were RMB4.90 billion in the second quarter of 2021, representing an increa","content":"<p>BEIJING, China, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (\"Li Auto\" or the \"Company\") (Nasdaq: LI; HKEX: 2015), an innovator in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended June 30, 2021.</p>\n<p><b><u>Operating Highlights for the Second Quarter of 2021</u></b></p>\n<ul>\n <li>Deliveries of Li ONEs were 17,575 vehicles in the second quarter of 2021, representing a 166.1% year-over-year increase.</li>\n</ul>\n<table></table>\n<ul>\n <li>As of June 30, 2021, the Company had 97 retail stores covering 64 cities and 167 servicing centers and Li Auto-authorized body and paint shops operating in 127 cities.</li>\n</ul>\n<p><b><u>Financial Highlights for the Second Quarter of 2021</u></b></p>\n<ul>\n <li><b>Vehicle sales</b> were RMB4.90 billion (US$759.4 million) in the second quarter of 2021, representing an increase of 41.6% from RMB3.46 billion in the first quarter of 2021.</li>\n <li><b>Vehicle margin2</b>was 18.7% in the second quarter of 2021, compared with 16.9% in the first quarter of 2021.</li>\n <li><b>Total revenues</b> were RMB5.04 billion (US$780.4 million) in the second quarter of 2021, representing an increase of 40.9% from RMB3.58 billion in the first quarter of 2021.</li>\n <li><b>Gross profit</b> was RMB952.8 million (US$147.6 million) in the second quarter of 2021, representing an increase of 54.5% from RMB616.7 million in the first quarter of 2021.</li>\n <li><b>Gross margin</b> was 18.9% in the second quarter of 2021, compared with 17.3% in the first quarter of 2021.</li>\n</ul>\n<ul>\n <li><b>Loss from operations</b> was RMB535.9 million (US$83.0 million) in the second quarter of 2021, representing an increase of 31.4% from RMB407.7 million in the first quarter of 2021.<b>Non-GAAP loss from operations3</b>was RMB365.5 million (US$56.6 million) in the second quarter of 2021, representing an increase of 62.6% from RMB224.8 million in the first quarter of 2021.</li>\n <li><b>Net loss</b> was RMB235.5 million (US$36.5 million) in the second quarter of 2021, representing a decrease of 34.6% from RMB360.0 million net loss in the first quarter of 2021.<b>Non-GAAP net loss3</b>was RMB65.1 million (US$10.1 million) in the second quarter of 2021, compared with RMB177.0 million net loss in the first quarter of 2021.</li>\n <li><b>Operating cash flow</b> was RMB1,407.6 million (US$218.0 million) in the second quarter of 2021, representing an increase of 52.0% from RMB926.3 million in the first quarter of 2021.</li>\n <li><b>Free cash flow4</b> was RMB982.1 million (US$152.1 million) in the second quarter of 2021, representing an increase of 72.2% from RMB570.2 million in the first quarter of 2021.</li>\n</ul>\n<p>Li shares rose more than 3% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ddb03a526571e03322239f50429dc71f\" tg-width=\"888\" tg-height=\"623\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1573717531661","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Li Auto Inc. Announces Unaudited Second Quarter 2021 Financial Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLi Auto Inc. Announces Unaudited Second Quarter 2021 Financial Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 17:08 GMT+8 <a href=https://www.globenewswire.com/news-release/2021/08/30/2288094/0/en/Li-Auto-Inc-Announces-Unaudited-Second-Quarter-2021-Financial-Results.html><strong>GlobeNewswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING, China, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (\"Li Auto\" or the \"Company\") (Nasdaq: LI; HKEX: 2015), an innovator in China’s new energy vehicle market, today announced its unaudited ...</p>\n\n<a href=\"https://www.globenewswire.com/news-release/2021/08/30/2288094/0/en/Li-Auto-Inc-Announces-Unaudited-Second-Quarter-2021-Financial-Results.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.globenewswire.com/news-release/2021/08/30/2288094/0/en/Li-Auto-Inc-Announces-Unaudited-Second-Quarter-2021-Financial-Results.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188489761","content_text":"BEIJING, China, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (\"Li Auto\" or the \"Company\") (Nasdaq: LI; HKEX: 2015), an innovator in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended June 30, 2021.\nOperating Highlights for the Second Quarter of 2021\n\nDeliveries of Li ONEs were 17,575 vehicles in the second quarter of 2021, representing a 166.1% year-over-year increase.\n\n\n\nAs of June 30, 2021, the Company had 97 retail stores covering 64 cities and 167 servicing centers and Li Auto-authorized body and paint shops operating in 127 cities.\n\nFinancial Highlights for the Second Quarter of 2021\n\nVehicle sales were RMB4.90 billion (US$759.4 million) in the second quarter of 2021, representing an increase of 41.6% from RMB3.46 billion in the first quarter of 2021.\nVehicle margin2was 18.7% in the second quarter of 2021, compared with 16.9% in the first quarter of 2021.\nTotal revenues were RMB5.04 billion (US$780.4 million) in the second quarter of 2021, representing an increase of 40.9% from RMB3.58 billion in the first quarter of 2021.\nGross profit was RMB952.8 million (US$147.6 million) in the second quarter of 2021, representing an increase of 54.5% from RMB616.7 million in the first quarter of 2021.\nGross margin was 18.9% in the second quarter of 2021, compared with 17.3% in the first quarter of 2021.\n\n\nLoss from operations was RMB535.9 million (US$83.0 million) in the second quarter of 2021, representing an increase of 31.4% from RMB407.7 million in the first quarter of 2021.Non-GAAP loss from operations3was RMB365.5 million (US$56.6 million) in the second quarter of 2021, representing an increase of 62.6% from RMB224.8 million in the first quarter of 2021.\nNet loss was RMB235.5 million (US$36.5 million) in the second quarter of 2021, representing a decrease of 34.6% from RMB360.0 million net loss in the first quarter of 2021.Non-GAAP net loss3was RMB65.1 million (US$10.1 million) in the second quarter of 2021, compared with RMB177.0 million net loss in the first quarter of 2021.\nOperating cash flow was RMB1,407.6 million (US$218.0 million) in the second quarter of 2021, representing an increase of 52.0% from RMB926.3 million in the first quarter of 2021.\nFree cash flow4 was RMB982.1 million (US$152.1 million) in the second quarter of 2021, representing an increase of 72.2% from RMB570.2 million in the first quarter of 2021.\n\nLi shares rose more than 3% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":11,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/811648591"}
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