LI AUTO(02015) 智通财经网·2025-03-19 02:25Core Viewpoint - Li Auto-W (02015) has experienced a decline of over 3% due to a lack of significant new products in the first half of the year, impacting short-term performance [1] Financial Performance - Li Auto-W's stock price fell by 3.57%, reaching HKD 108.2, with a trading volume of HKD 819 million [1] - The net profit forecasts for 2025 and 2026 have been reduced by 19% and 16% respectively, reflecting the impact of the absence of major new products in the first half of the year [1] - The company's non-GAAP net profit CAGR is projected to reach 24.2% from 2024 to 2027 [1] Product and Market Strategy - The company is expected to strengthen its product cycle with updates to the smart driving version and the launch of pure electric vehicles [1] - Li Auto-W plans to release the L series smart driving updated version in May and two new pure electric models starting in July [1] - The company aims to expand its market presence by increasing coverage in fourth and fifth-tier cities [1] International Expansion - Li Auto-W has made progress in Central Asia and the Asia-Pacific markets and plans to increase investments in Latin America, the Middle East, and Europe [1] - The short-term strategy focuses on parallel exports, with large-scale volume expected to begin in 2026 [1]