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Li Auto Inc
Gross Profit
Li Auto Inc
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Li Auto Inc
HKEX:2015
|
Gross Profit
ÂĄ27.5B
|
CAGR 3-Years
161%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Great Wall Motor Co Ltd
SSE:601633
|
Gross Profit
ÂĄ32.6B
|
CAGR 3-Years
20%
|
CAGR 5-Years
23%
|
CAGR 10-Years
9%
|
||
BYD Co Ltd
SZSE:002594
|
Gross Profit
ÂĄ130.3B
|
CAGR 3-Years
74%
|
CAGR 5-Years
46%
|
CAGR 10-Years
33%
|
||
Seres Group Co Ltd
SSE:601127
|
Gross Profit
ÂĄ26.1B
|
CAGR 3-Years
N/A
|
CAGR 5-Years
56%
|
CAGR 10-Years
N/A
|
||
SAIC Motor Corp Ltd
SSE:600104
|
Gross Profit
ÂĄ68.4B
|
CAGR 3-Years
-12%
|
CAGR 5-Years
-8%
|
CAGR 10-Years
-1%
|
||
Chongqing Changan Automobile Co Ltd
SZSE:000625
|
Gross Profit
ÂĄ20.1B
|
CAGR 3-Years
12%
|
CAGR 5-Years
30%
|
CAGR 10-Years
11%
|
Li Auto Inc
Glance View
In the bustling landscape of China's automotive sector, Li Auto Inc. has carved out a distinctive niche by pioneering the development and sale of electric vehicles. Founded by Li Xiang, the company has emerged as one of the prominent players in the Chinese EV market, channeling its focus on extended-range electric vehicles (EREVs). Li Auto's strategic commitment to EREVs capitalizes on existing infrastructure, offering consumers an eclectic mix of electric efficiency and the reassurance of a gasoline-powered generator for extended drives. This innovative approach addresses range anxiety, a persistent concern among EV customers, making the company's vehicles particularly appealing to those navigating China's expansive geography. Li Auto generates revenue primarily through vehicle sales, leveraging the allure of its hybrid technology to capture a broad customer base seeking reliability and innovation. Instead of venturing into aggressively futuristic designs, Li Auto has maintained a pragmatic approach, ensuring its vehicles cater to family-oriented needs by prioritizing space and utility. With each model launch, the company strengthens its value proposition, integrating smart technology and functionality to enhance the driving experience. Moreover, Li Auto's business model extends beyond vehicle sales, tapping into the potential of complementary services such as autonomous driving features and smart energy solutions, setting the stage for continued growth in a rapidly evolving market.
See Also
What is Li Auto Inc's Gross Profit?
Gross Profit
27.5B
CNY
Based on the financial report for Dec 31, 2023, Li Auto Inc's Gross Profit amounts to 27.5B CNY.
What is Li Auto Inc's Gross Profit growth rate?
Gross Profit CAGR 3Y
161%
Over the last year, the Gross Profit growth was 213%. The average annual Gross Profit growth rates for Li Auto Inc have been 161% over the past three years .