Shares of Chinese electric-vehicle maker Li Auto Inc. (LI) are down more than 4% Monday morning despite reporting narrower adjusted loss in the second quarter.
Adjusted loss was $10.1 million or 65.1 million in the second quarter compared with RMB159.2 million last year. Adjusted loss per ADS was $0.01 or RMB0.07.
Net loss in the second quarter was $36.5 million or RMB235.5 million compared with net loss of RMB75.2 million in the same quarter a year ago. Loss per ADS was $0.04 or RMB0.26 in the quarter.
Revenues were $780.4 million or RMB5.039 billion in the second quarter an increase of 158.8% from RMB1.947 billion in the first quarter of 2021.
Looking forward, the company expects third-quarter revenues to be between $1.08 billion and $1.12 billion, an increase of 177.8% to 188.9% from last year's third quarter.
LI, currently at$28.15, has traded in the range of $15.02- $47.70 in the past 52 weeks.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.