On March 14, Li Auto unveiled its financial results for the full year and fourth quarter of 2024. According to the report, the company's total revenue amounted to 144.5 billion yuan, marking a 16.6% increase from the previous year. However, net profit for the year fell to 8 billion yuan, representing a 31.9% year-on-year decrease. During the fourth quarter, Li Auto's revenue stood at 44.3 billion yuan, up 6.1% year-on-year, while net profit decreased to 3.5 billion yuan, a 38.6% drop compared to the same period last year. Looking ahead, Li Auto anticipates delivering 88,000 to 93,000 vehicles in the first quarter of 2025, indicating a projected year-on-year growth of 9.5% to 15.7%.
