Li Auto, Inc. designs, develops, manufactures and sells premium smart electric SUVs energy vehicle.
Similarly, Is Li Auto a buy?
Bottom line: Li Auto stock is not a buy now. While Beijing has yet to crack down on EV makers, caution is warranted due to the heightened regulatory risk around China stocks.
Will Li auto go up? Li Auto Inc (NASDAQ:LI)
The 25 analysts offering 12-month price forecasts for Li Auto Inc have a median target of 39.98, with a high estimate of 53.56 and a low estimate of 19.12. The median estimate represents a +53.48% increase from the last price of 26.05.
Thereof, Who is investing in Li Auto?
BlueRun Ventures and Hike Capital are the most recent investors. Li Auto has made 4 investments. Their most recent investment was on Feb 28, 2022 , when Sunwoda Electronic raised $380M . Li Auto has had 1 exit, which was Sunwoda Electronic .
How many shares of Li Auto does Cango own?
FAIR VALUE CHANGE OF EQUITY INVESTMENT
As of September 30, 2021, Cango held 8,000,000 American Depositary Shares of Li Auto. Each American Depositary Share of Li Auto represents two Class A ordinary shares of Li Auto.
How much debt does Li Auto have?
Balance Sheet
| Cash & Cash Equivalents | 7.84B |
|---|---|
| Total Debt | 1.23B |
| Net Cash | 6.61B |
| Net Cash Per Share | $6.40 |
| Book Value | 6.42B |
• 17 mars 2022
Who bought LI stock?
Top 10 Owners of Li Auto Inc
| Stockholder | Stake | Shares bought / sold |
|---|---|---|
| Fidelity Management & Research Co… | 1.22% | +110,361 |
| Goldman Sachs & Co. LLC (Private … | 1.18% | +4,133,664 |
| SSgA Funds Management, Inc. | 1.14% | +293,940 |
| Tiger Global Management LLC | 0.87% | +7,052,989 |
Is Cango stock a buy?
Cango Inc.
finds support from accumulated volume at $2.66 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be « very high risk ».
Why is Cango down?
On-demand ride-hailing startup, CanGo closes down due to funding challenges.
Why is Li auto stock going down?
Shares of Li Auto Inc. LI, +5.54% dropped 3.8% in premarket trading Monday, after the China-based electric vehicle maker cut its outlook for third-quarter deliveries, citing the slower-than-expected recovery in the supply of semiconductors.
How big is Li Auto?
Li Auto’s impressive growth
So far, the company has delivered around 110,000 vehicles total. Of these, roughly 76,400 units have been delivered in 2021.
What does Cango Inc do?
Cango Inc. is a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. Founded in 2010 by a group of pioneers in China’s auto finance industry, the Company is headquartered in Shanghai and has a nationwide business.
What cars does Li Auto make?
The company’s current market cap notably makes it larger than more established carmakers including Kia, Subaru, Nissan and Renault. Headquartered in Beijing, the company employs more than 2500 people, and claims to have delivered a total of 90,491 cars in 2021, an increase of 177.4 per cent compared to 2020.
Is Li Auto better than NIO?
We can see both NIO and Li Auto are expected to grow at a stellar pace. While NIO stock is valued at a forward price to 2022 sales multiple of 4.1x, the ratio for Li Auto is also similar at 4.2x. However, I believe Li Auto is currently a better investment, given its higher gross margins and narrower losses.
What are NIO cars?
NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company is also involved in the FIA Formula E Championship, although NIO has ended funding the team after selling to Lisheng Racing.
Is Li Auto listed in China?
Aug 12 (Reuters) – Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday as its shares closed down, while the company also flagged it could consider a mainland listing. The company raised $1.52 billion by pricing its stock at HK$118 each in its dual primary listing in the city.
Is Li Auto an EV company?
Company Profile
Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles.
What is special about Li Auto?
Li Auto is a pioneer to successfully commercialize extended-range electric vehicles in China. Its first model, Li ONE, is a six-seat, large premium smart electric SUV. The Company started volume production of Li ONE in November 2019 and released the 2021 Li ONE in May 2021.
Which Chinese electric car company is the best?
BYD ( BYDDY 0.12% ) controls the highest share, 18%, of China’s EV market. The company derives more than half of its revenue from auto and related products. In November, BYD delivered 97,242 vehicles. Of that, 90,121 units were EVs, including plug-in hybrids.
Who is bigger NIO or Xpeng?
Compared to Nio’s $47.7 billion market capitalization, Xpeng’s $35.7 billion is certainly smaller but still sizable. Moreover, if you assumed that Nio’s financial and EV delivery results were superior, think again.
Is NIO better than Tesla?
Tesla Is The Safer Bet
Overall, while Nio’s faster recent growth and unique innovations such as Battery as a Service (BaaS) – which allows customers to subscribe for car batteries, rather than paying for them upfront – are no doubt interesting, we think it remains a riskier investment compared to Tesla.
Is it good to invest in NIO?
Investing in Nio today is best suited for investors willing to face extreme volatility and very high risk. However, the old saying that the greater the risk, the greater the reward holds true here. An investment in Nio is risky due to external factors beyond the company’s control.
Is NIO sold in the US?
The US branch of Chinese automaker NIO continues to make interesting moves in North America, as the company signed a ten year lease on a building in San Jose, CA. The new 200,000+ sq.
What was Li Auto IPO price?
Li Auto raised about $1.3 billion in its U.S. initial public offering a year ago. Its shares have traded at more than three times the offer price of $11.50, riding on investor enthusiasm for EV makers. The stock closed at $31.35 on Thursday.
Does Li Auto make their own cars?
Li Auto, listed in both New York and Hong Kong, currently has only one production model, the Li One, available on the mainland market. The mid-size SUV with extended battery-range technology, is priced at 338,000 yuan with a driving range of 800 kilometres.
When was Li Auto founded?
Li Xiang, who founded Li Auto in 2015, is also the founder of New York Stock Exchange listed Chinese website Autohome Inc.
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