$LI (-2,65%)
Auto Q3 Earnings Highlights:

🔹 Adjusted EPS: ¥3.63 (Est. ¥3.29) 🟢

🔹 Revenue: ¥42.9B (Est. ¥41.3B) 🟢; UP +23.6% YoY

🔹 Gross Margin: 21.5% (vs. 22.0% YoY)

🔹 Vehicle Deliveries: 152,831 units; UP +45.4% YoY

🔹 Vehicle Margin: 20.9% (vs. 21.2% YoY)

🔹 Free Cash Flow: ¥9.1B (vs. ¥13.2B YoY)

Q4 2024 Guidance:

🔹 Deliveries: 160,000-170,000 units; UP +21.4%-29.0% YoY

🔹 Revenue: ¥43.2B - ¥45.9B; UP +3.5%-10.0% YoY

Key Takeaways:

🔸 Record Q3 vehicle deliveries and revenue growth, with strong demand in China’s NEV market.

🔸 Achieved 1 million cumulative deliveries milestone, marking significant brand growth.