LI Chart
About

Li Auto Inc. operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises multi-purpose vehicles and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as manufacturing equipment. The company offers its products through online and offline channels. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Manufacturers Market Cap 18.55B
Enterprise Value -42.59B Income 4.64B Sales 127.81B
Book/sh 10.42 Cash/sh 48.88 Dividend Yield —
Payout 0.00% Employees 32248 IPO —
P/E 16.64 Forward P/E 24.31 PEG —
P/S 0.15 P/B 1.76 P/C —
EV/EBITDA -5.55 EV/Sales -0.33 Quick Ratio 1.58
Current Ratio 1.80 Debt/Eq 24.44 LT Debt/Eq —
EPS (ttm) 1.10 EPS next Y 0.75 EPS Growth —
Revenue Growth -36.20% Earnings 2026-02-26 ROA 1.49%
ROE 6.64% ROIC — Gross Margin 19.42%
Oper. Margin -4.30% Profit Margin 3.63% Shs Outstand 835.38M
Shs Float 1.09B Short Float 5.70% Short Ratio 5.15
Short Interest — 52W High 33.12 52W Low 15.71
Beta 0.60 Avg Volume 4.24M Volume 781.34K
Target Price $23.63 Recom Buy Prev Close $18.67
Price $18.30 Change -1.96%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$23.63
Mean price target
2. Current target
$18.31
Latest analyst target
3. DCF / Fair value
$-237.54
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$18.31
Low
$14.11
High
$37.09
Mean
$23.63

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-23 down Jefferies Buy → Hold $18
2026-01-15 main Citigroup Neutral → Neutral $19
2026-01-08 main Piper Sandler Neutral → Neutral $19
2025-12-04 down HSBC Buy → Hold $19
2025-12-02 main Barclays Equal-Weight → Equal-Weight $18
2025-12-01 main Piper Sandler Neutral → Neutral $18
2025-12-01 down China Renaissance Buy → Hold $19
2025-11-28 main Citigroup Neutral → Neutral $20
2025-11-11 init Piper Sandler — → Neutral $19
2025-08-29 main Bernstein Market Perform → Market Perform $25
2025-08-28 main Barclays Equal-Weight → Equal-Weight $24
2025-08-22 down Macquarie Neutral → Underperform $21
2025-08-19 down Bernstein Outperform → Market Perform $26
2025-08-14 down JP Morgan Overweight → Neutral $28
2025-05-16 main JP Morgan Overweight → Buy $33
2025-03-17 down Macquarie Outperform → Neutral $27
2025-02-28 up JP Morgan Neutral → Overweight $40
2025-02-06 up Macquarie Neutral → Outperform —
2024-11-04 main Barclays Equal-Weight → Equal-Weight $31
2024-10-04 down Macquarie Outperform → Neutral $33
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.140.250.060.25
NormalizedEBITDA12.56B12.34B-839.16M500.83M
TotalUnusualItems0.00
TotalUnusualItemsExcludingGoodwill0.00
NetIncomeFromContinuingOperationNetMinorityInterest8.03B11.70B-2.01B-321.45M
ReconciledDepreciation3.06B1.81B1.21B590.40M
ReconciledCostOfRevenue114.80B96.35B36.50B21.25B
EBITDA12.56B12.34B-839.16M500.83M
EBIT9.50B10.54B-2.05B-89.57M
NetInterestIncome1.63B2.00B869.89M677.19M
InterestExpense187.75M86.25M106.34M63.24M
InterestIncome1.82B2.08B976.23M740.43M
NormalizedIncome8.03B11.70B-2.01B-321.45M
NetIncomeFromContinuingAndDiscontinuedOperation8.03B11.70B-2.01B-321.45M
TotalExpenses137.44B116.44B48.94B28.03B
RentExpenseSupplemental645.79M324.65M
TotalOperatingIncomeAsReported7.02B7.41B-3.65B-1.02B
DilutedAverageShares1.06B1.06B970.62M926.66M
BasicAverageShares996.60M983.93M970.62M926.66M
DilutedEPS7.5811.10-2.08-0.34
BasicEPS8.0611.90-2.08-0.34
DilutedNIAvailtoComStockholders8.03B11.70B-2.01B-321.45M
AverageDilutionEarnings32.66M
NetIncomeCommonStockholders8.03B11.70B-2.01B-321.45M
OtherunderPreferredStockDividend0.000.00
NetIncome8.03B11.70B-2.01B-321.45M
MinorityInterests-12.90M-104.99M20.13M0.00
NetIncomeIncludingNoncontrollingInterests8.05B11.81B-2.03B-321.45M
NetIncomeDiscontinuousOperations0.000.00
NetIncomeContinuousOperations8.05B11.81B-2.03B-321.45M
TaxProvision1.27B-1.36B-127.01M168.64M
PretaxIncome9.32B10.45B-2.16B-152.81M
OtherIncomeExpense664.30M1.05B625.63M187.32M
OtherNonOperatingIncomeExpenses664.30M1.05B625.63M187.32M
SpecialIncomeCharges0.00
ImpairmentOfCapitalAssets0.00
NetNonOperatingInterestIncomeExpense1.63B2.00B869.89M677.19M
InterestExpenseNonOperating187.75M86.25M106.34M63.24M
InterestIncomeNonOperating1.82B2.08B976.23M740.43M
OperatingIncome7.02B7.41B-3.65B-1.02B
OperatingExpense22.64B20.09B12.45B6.78B
OtherOperatingExpenses-663.66M-264.21M
ProvisionForDoubtfulAccounts2.91M6.42M
DepreciationAmortizationDepletionIncomeStatement228.79M82.78M
DepreciationAndAmortizationInIncomeStatement228.79M82.78M
ResearchAndDevelopment11.07B10.59B6.78B3.29B
SellingGeneralAndAdministration12.23B9.77B5.67B3.49B
SellingAndMarketingExpense1.01B1.10B
GeneralAndAdministrativeExpense4.42B2.30B
OtherGandA904.18M563.59M
RentAndLandingFees645.79M324.65M
SalariesAndWages2.87B1.41B
GrossProfit29.66B27.50B8.79B5.76B
CostOfRevenue114.80B96.35B36.50B21.25B
TotalRevenue144.46B123.85B45.29B27.01B
OperatingRevenue138.54B120.29B44.11B26.13B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber114.31M136.36M130.22M136.15M
OrdinarySharesNumber2.01B1.99B1.95B1.93B
ShareIssued2.12B2.12B2.08B2.07B
TotalDebt16.34B13.55B12.26B7.84B
TangibleBookValue68.43B58.02B43.01B40.02B
InvestedCapital79.31B68.87B54.48B47.06B
WorkingCapital57.09B41.78B39.62B40.27B
NetTangibleAssets68.43B58.02B43.01B40.02B
CapitalLeaseObligations7.91B4.82B2.64B1.84B
CommonStockEquity70.87B60.14B44.86B41.06B
TotalCapitalization79.03B61.89B54.09B47.03B
TotalEquityGrossMinorityInterest71.32B60.58B45.19B41.06B
MinorityInterest445.50M432.60M327.61M0.00
StockholdersEquity70.87B60.14B44.86B41.06B
GainsLossesNotAffectingRetainedEarnings586.72M219.71M-194.11M-1.52B
OtherEquityAdjustments586.72M219.71M-194.11M-1.52B
TreasuryStock74.00K90.00K84.00K89.00K
RetainedEarnings10.16B2.44B-8.82B-6.81B
AdditionalPaidInCapital60.13B57.48B53.87B49.39B
CapitalStock1.45M1.45M1.42M1.41M
CommonStock1.45M1.45M1.42M1.41M
TotalLiabilitiesNetMinorityInterest91.03B82.89B41.35B20.78B
TotalNonCurrentLiabilitiesNetMinorityInterest21.81B10.15B13.98B8.68B
OtherNonCurrentLiabilities3.71B2.14B802.26M
NonCurrentAccruedExpenses4.64B3.01B
TradeandOtherPayablesNonCurrent603.87M265.05M
NonCurrentDeferredLiabilities2.04B1.45B659.41M543.38M
NonCurrentDeferredRevenue1.17B1.24B581.60M389.65M
NonCurrentDeferredTaxesLiabilities865.00M200.88M77.81M153.72M
LongTermDebtAndCapitalLeaseObligation14.53B5.43B11.18B7.33B
LongTermCapitalLeaseObligation6.38B3.68B1.95B1.37B
LongTermDebt8.15B1.75B9.23B5.96B
CurrentLiabilities69.22B72.74B27.37B12.11B
OtherCurrentLiabilities114.79M67.03M32.01M27.72M
CurrentDeferredLiabilities1.40B1.61B579.73M315.35M
CurrentDeferredRevenue1.40B1.61B579.73M315.35M
CurrentDebtAndCapitalLeaseObligation1.81B8.12B1.09B510.29M
CurrentCapitalLeaseObligation1.53B1.15B696.45M473.25M
CurrentDebt281.10M6.98B390.75M37.04M
OtherCurrentBorrowings281.10M6.98B390.75M37.04M
PayablesAndAccruedExpenses65.88B62.95B25.67B11.25B
CurrentAccruedExpenses1.65B837.48M639.89M154.28M
Payables64.23B62.11B25.03B11.10B
OtherPayable21.75B25.60B9.17B3.70B
DuetoRelatedPartiesCurrent11.49M10.61M7.19M37.45M
TotalTaxPayable2.43B1.66B445.85M277.23M
AccountsPayable40.04B34.84B15.41B7.09B
TotalAssets162.35B143.47B86.54B61.85B
TotalNonCurrentAssets36.04B28.94B19.55B9.47B
OtherNonCurrentAssets2.19B2.80B2.42B17.00M
NonCurrentPrepaidAssets1.32B653.03M
NonCurrentDeferredAssets2.54B1.99B74.77M19.90M
NonCurrentDeferredTaxesAssets2.54B1.99B74.77M19.90M
NonCurrentAccountsReceivable449.79M259.63M
InvestmentsAndAdvances922.90M1.60B1.48B156.31M
InvestmentinFinancialAssets922.90M1.60B1.48B156.31M
HeldToMaturitySecurities0.00409.64M758.47M0.00
AvailableForSaleSecurities922.90M1.19B726.02M156.31M
GoodwillAndOtherIntangibleAssets2.44B2.12B1.85B1.04B
OtherIntangibleAssets2.44B2.11B1.84B1.04B
Goodwill5.48M5.48M5.48M0.00
NetPPE27.94B20.43B13.72B7.32B
AccumulatedDepreciation-6.32B-3.69B-2.18B-1.04B
GrossPPE34.27B24.13B15.90B8.36B
Leases2.80B2.00B1.07B660.90M
ConstructionInProgress3.29B4.58B2.75B2.99B
OtherProperties12.10B8.07B5.25B3.14B
MachineryFurnitureEquipment11.32B6.75B4.47B863.98M
BuildingsAndImprovements4.75B2.73B2.36B706.29M
Properties0.000.000.000.00
CurrentAssets126.31B114.53B66.99B52.38B
OtherCurrentAssets5.18B4.25B1.69B480.68M
RestrictedCash6.85M479.00K1.94B2.64B
PrepaidAssets1.69B480.68M
Inventory8.19B6.87B6.80B1.62B
InventoriesAdjustmentsAllowances-49.54M-68.91M-358.60M
FinishedGoods5.81B4.42B4.02B149.09M
RawMaterials2.43B2.52B3.14B1.47B
Receivables135.11M143.52M48.38M120.54M
ReceivablesAdjustmentsAllowances-2.19M
OtherReceivables28.49M
TaxesReceivable118.18M
LoansReceivable0.00
AccountsReceivable135.11M143.52M48.38M120.54M
AllowanceForDoubtfulAccountsReceivable-561.00K-285.00K-327.00K-467.00K
GrossAccountsReceivable135.67M143.81M48.71M121.01M
CashCashEquivalentsAndShortTermInvestments112.81B103.26B56.51B47.52B
OtherShortTermInvestments46.90B11.93B18.03B19.67B
CashAndCashEquivalents65.90B91.33B38.48B27.85B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow8.20B44.19B2.25B4.90B
RepaymentOfDebt-996.19M-2.75B-661.12M-429.69M
IssuanceOfDebt565.88M1.75B3.74B6.13B
IssuanceOfCapitalStock0.001.17B2.46B11.00B
CapitalExpenditure-7.73B-6.51B-5.13B-3.44B
InterestPaidSupplementalData96.67M41.47M87.94M10.17M
IncomeTaxPaidSupplementalData645.53M58.65M1.33M0.00
EndCashPosition65.91B91.33B40.42B30.49B
BeginningCashPosition91.33B40.42B30.49B10.17B
EffectOfExchangeRateChanges198.12M44.51M1.27B-472.13M
ChangesInCash-25.62B50.87B8.65B20.79B
FinancingCashFlow-415.65M185.38M5.64B16.71B
CashFlowFromContinuingFinancingActivities-415.65M185.38M5.64B16.71B
NetOtherFinancingCharges90.00M
ProceedsFromStockOptionExercised14.66M11.95M6.73M1.14M
NetPreferredStockIssuance0.000.00
PreferredStockIssuance0.000.00
NetCommonStockIssuance0.001.17B2.46B11.00B
CommonStockIssuance0.001.17B2.46B11.00B
NetIssuancePaymentsOfDebt-430.31M-1.00B3.08B5.70B
NetShortTermDebtIssuance0.00
ShortTermDebtPayments0.00
NetLongTermDebtIssuance-430.31M-1.00B3.08B5.70B
LongTermDebtPayments-996.19M-2.75B-661.12M-429.69M
LongTermDebtIssuance565.88M1.75B3.74B6.13B
InvestingCashFlow-41.14B-12.07M-4.36B-4.26B
CashFromDiscontinuedInvestingActivities0.000.00
CashFlowFromContinuingInvestingActivities-41.14B-12.07M-4.36B-4.26B
NetInvestmentPurchaseAndSale-34.38B6.21B756.62M-182.01M
SaleOfInvestment33.17B40.34B60.47B221.98B
PurchaseOfInvestment-67.55B-34.13B-59.71B-222.16B
NetBusinessPurchaseAndSale0.000.002.09M-630.70M
SaleOfBusiness0.000.002.09M0.00
PurchaseOfBusiness0.000.00-630.70M
NetPPEPurchaseAndSale-6.76B-6.22B-5.12B-3.44B
SaleOfPPE970.22M284.00M4.53M38.00K
PurchaseOfPPE-7.73B-6.51B-5.13B-3.44B
OperatingCashFlow15.93B50.69B7.38B8.34B
CashFromDiscontinuedOperatingActivities0.000.00
CashFlowFromContinuingOperatingActivities15.93B50.69B7.38B8.34B
ChangeInWorkingCapital2.07B36.61B5.04B6.56B
ChangeInOtherWorkingCapital-220.74M1.19B5.02M287.58M
ChangeInOtherCurrentLiabilities3.92B3.80B1.83B1.22B
ChangeInOtherCurrentAssets-2.01B-1.80B-1.51B-1.31B
ChangeInPayablesAndAccruedExpense3.71B37.13B11.73B7.08B
ChangeInAccruedExpense1.50B5.29B1.17B932.12M
ChangeInPayable2.21B31.85B10.56B6.15B
ChangeInAccountPayable2.21B31.85B10.59B6.16B
ChangeInPrepaidAssets-238.58M-2.37B-1.17B-99.42M
ChangeInInventory-3.10B-1.25B-5.92B-611.56M
ChangeInReceivables8.20M-95.10M72.21M-5.46M
ChangesInAccountReceivables8.20M-95.10M72.21M-5.46M
OtherNonCashItems-159.31M-236.99M39.06M74.42M
StockBasedCompensation2.63B2.38B2.05B1.10B
UnrealizedGainLossOnInvestmentSecurities9.44M13.80M
ProvisionandWriteOffofAssets1.26M-1.08M2.91M6.42M
AssetImpairmentCharge335.94M236.74M1.13B89.42M
DeferredTax-49.81M-1.80B-128.34M168.64M
DeferredIncomeTax-49.81M-1.80B-128.34M168.64M
DepreciationAmortizationDepletion3.06B1.81B1.21B590.40M
DepreciationAndAmortization3.06B1.81B1.21B590.40M
AmortizationCashFlow19.07M11.30M
AmortizationOfIntangibles19.07M11.30M
Depreciation1.19B579.10M
OperatingGainsLosses1.03M-106.56M69.22M66.52M
EarningsLossesFromEquityInvestments4.27M9.53M10.45M83.00K
NetForeignCurrencyExchangeGainLoss24.87M14.89M2.89M46.59M
GainLossOnSaleOfPPE-28.11M-130.98M55.88M19.84M
NetIncomeFromContinuingOperations8.05B11.81B-2.03B-321.45M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for LI
Date User Asset Broker Type Position Size Entry Price Patterns