Shares of Chinese electric vehicle maker Li Auto Inc. (LI) are falling more than 6% Friday morning after reporting wider loss in the third quarter.
The company reported a loss of RMB1.65 billion or $231.3 million in the third quarter wider than RMB641.0 million in the same quarter a year ago.
Loss per ADS was RMB1.68 or $0.24 in the third quarter, compared with both RMB0.02 last year.
Excluding one-time items loss was RMB1.65 billion or $231.3 million.
Adjusted loss per ADS was RMB1.27 or $0.18.
Total revenues were RMB9.34 billion or $1.31 billion in the third quarter, an increase of 20.2% from RMB7.78 billion in the third quarter of last year.
Li is at $22.56. It has traded in the range of $12.52-$41.49 in the last 1 year.
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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.