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Li Auto Inc. Company profile

About Li Auto Inc(ADR)

Li Auto Inc is a China-based new energy passenger vehicles (NEV) automaker principally engaged in the design, develop, manufacture and sales of smart electric vehicles. The Company's primary products are sport utility vehicles (SUVs) under its brand Li ONE. It also sells peripheral products and provides related services, such as charging stalls, vehicle Internet connection services and extended lifetime warranties. The Company operates its businesses through its subsidiaries and variable interest entities (VIEs) in China.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Li Auto Inc(ADR) revenues increased from RMB9.46B to RMB27.01B. Net loss applicable to common stockholders excluding extraordinary items decreased 60% to RMB321.5M. Revenues reflect Vehicle sales increase from RMB9.28B to RMB26.13B, Other sales and services increase from RMB173.9M to RMB881.3M. Lower net loss reflects Interest income increase from RMB41.3M to RMB740.4M (income), Others.

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