Li Auto-W released its second-quarter results, with a net profit attributable to the parent company of 1.093 billion yuan, a year-on-year decrease of 0.91%
Li Auto-W released its unaudited financial performance for the period ending June 30, 2025, reporting a net profit attributable to the parent of RMB 1.093 billion, a year-on-year decrease of 0.91%. Vehicle sales revenue was RMB 28.885 billion, a year-on-year decrease of 4.7%. Chairman Li Xiang stated that the company maintains a leading position in the new energy vehicle market and has launched a new model, the Li Auto i8. CFO Li Tie pointed out that despite changes in the market environment, the company still achieved robust profitability, with quarterly net profit increasing by 69.6% quarter-on-quarter
According to the Zhitong Finance APP, Li Auto-W (02015) announced its unaudited financial results for the quarter ending June 30, 2025, with vehicle sales revenue of RMB 28.885 billion, a year-on-year decrease of 4.7%; total revenue of RMB 30.246 billion, a year-on-year decrease of 4.5%; net profit attributable to the parent company of RMB 1.093 billion, a year-on-year decrease of 0.91%; and basic earnings per share of RMB 0.54.
Mr. Li Xiang, Chairman and CEO of Li Auto, stated: "We adhere to user-centered technology and product innovation, consolidating Li Auto's position as the champion of sales among Chinese automotive brands in the new energy vehicle market priced at RMB 200,000 and above. With the enthusiastic market response to the Li Auto MEGA Home version, the Li Auto MEGA has topped the sales chart for MPVs priced above RMB 500,000 since May. We are also continuing to advance our initiatives in the pure electric and intelligent fields. In July, we launched the family six-seat pure electric SUV Li Auto i8, our self-developed VLA driver model, and the Li Auto classmate intelligent agent, transforming R&D achievements into higher quality product experiences. The Li Auto i8 combines the versatility of an off-road vehicle, sedan-level handling, and the comfort of an MPV, earning high recognition from users as a new era SUV with a brand-new driving experience. Recently, we announced a brand upgrade aimed at providing high-quality homes and private spaces for more diverse consumers, including family users. We will continue to invest in products and intelligence, and we look forward to the launch of the Li Auto i6 in September to further expand our product matrix and enhance our position in the high-end pure electric vehicle market in China."
Mr. Li Tie, Chief Financial Officer of Li Auto, added: "In the second quarter, amidst a changing market environment, we continued to focus on cost optimization and operational efficiency improvement, achieving robust profitability that demonstrates our financial resilience and efficient execution. This quarter, revenue reached RMB 30.2 billion, with a healthy gross margin maintained at 20.1%, and quarterly net profit increased by 69.6% quarter-on-quarter to RMB 1.1 billion. Relying on a solid financial foundation, we will accelerate growth driven by innovation. We are confident that while further consolidating our industry-leading position, we will continue to drive breakthroughs in the automotive and intelligent ecosystem."
