Published on 10 Apr 2024 on Simply Wall St. via Yahoo Finance
Li Auto Inc.'s (NASDAQ:LI) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Li Auto (NASDAQ:LI) has had a rough month with its share price down 13%. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Specifically, we decided to study Li Auto's ROE in this article.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
Check out our latest analysis for Li Auto