Li Auto (LI.US) (02015.HK) -19.250 (-19.269%) Short selling $740.94M; Ratio 18.615% announced its first-quarter results after the Hong Kong stock market closed yesterday (20th). The stock nosedived 12.8% to US$21.71 in the U.S. stock market overnight.
On a U.S. GAAP basis, the company's first-quarter turnover rose 36% year-on-year to RMB25.634 billion. Net profit fell 36% year-on-year to RMB593 million, with an EPS of RMB0.3. The non-GAAP net profit dropped 10% YoY to RMB1.276 billion.
The company reported an operating loss of RMB585 million for the first quarter, for which UBS alerted that the company recorded another operating loss since the fourth quarter of 2022.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-21 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
