$$LI (+2,43%) Auto Q2'24 Earnings Highlights:
🔹 Non-GAAP Diluted EPS: ¥1.42 (vs. ¥2.58 YoY)
🔹 Revenue: ¥31.7B (Est. ¥31.4B) 🟢; Up +10.6% YoY
🔹 Vehicle Sales: ¥30.3B; Up +8.4% YoY
🔹 Free Cash Flow: -¥1.85B (vs. ¥9.62B YoY)
Q3'24 Guidance:
🔹 Revenue: ¥39.4B - ¥42.2B (Est. ¥39.7B) 🟢
🔹 Vehicle Deliveries: 145,000 - 155,000 units
Operating Highlights:
🔹 Vehicle Deliveries: 108,581 units; Up +25.5% YoY
🔹 Vehicle Margin: 18.7% (vs. 21.0% YoY)
🔹 Gross Margin: 19.5% (vs. 21.8% YoY)
CEO Commentary:
🔸 "Li Auto achieved solid Q2 results with strong vehicle deliveries and significant progress in autonomous driving technologies, reinforcing our position in the premium NEV market."