Li Auto (LEA, Financial) experienced a significant stock movement with a 2.22% increase in its share price, reaching $100.01. The trading volume was 276,669 shares, with a turnover rate of 0.51% and a price fluctuation of 2.46%.
Recent financial results show Li Auto achieved a revenue of $5.584 billion, a net profit of $136 million, and earnings per share of $2.42. The gross profit was $403 million, and the price-to-earnings ratio stood at 10.52.
Among 17 rating institutions, 53% recommend buying LEA, while 47% suggest holding, with no sell recommendations. The auto parts sector, where LEA operates, saw an overall increase of 0.57%. Notable performers in the sector include Dana, SES AI Corp, and Hyzon Motors Inc.
LEA designs and manufactures automotive seating and electrical systems. Major clients include General Motors, with North America accounting for 44% of its 2022 revenue.
