Li Auto's share price opened nearly 15 years higher, achieving full-year profit for the first time
On February 27, it was reported that Li Auto-W (02015.)HK) shares opened higher today, rising nearly 15% at one point, indicating the market's optimistic expectations for the company's prospects. Behind this increase is the brilliant performance of Li Auto's just-announced financial results for the fourth quarter and full year of 2023.
According to the announcement released by Li Auto, in the fourth quarter of 2023, the company achieved an operating income of 417300 million yuan, a significant increase of 136 year-on-year4%。This growth not only reflects Li Auto's strong performance in the market, but also reflects the high level of consumer recognition of its products. During the same period, the company's net profit reached 57500 million yuan, a year-on-year surge of 20682%, this astonishing growth rate undoubtedly further confirms the profitability and operating efficiency of Li Auto.
What's more worth mentioning is that Li Auto achieved an operating income of 1238 in 2023500 million yuan, a year-on-year increase of 1735%。In terms of annual net profit, the company achieved profitability for the first time, with a net profit of 118100 million yuan. This achievement is a milestone for Li Auto, marking the company's remarkable achievements in operation management and market expansion.