Added to YB: 2024-07-01
Pitch date: 2024-06-30
LI [neutral]
Li Auto Inc.
-10.54%
current return
Author Info
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Company Info
Li Auto Inc. operates in the energy vehicle market in the People’s Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles.
Market Cap
$169.1B
Pitch Price
$18.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.32
P/E
22.16
EV/Sales
0.51
Sector
Automobiles
Category
growth
Several Foreign Companies - Li Auto Inc.
LI: Chinese premium EV maker. 376k deliveries in 2023, 1.5% market share. 2024 forecast cut 650-800k to 560-640k. Intense competition, price cuts impact margins. P/E ~12, but rising. 3-yr revenue growth highest in sector. Export potential, new models key. Chinese EV advantages: battery supply, gov't support. Low car penetration in Asia = growth opportunity.
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