Li Auto (LI) Financials

$18.89 +0.89 (+4.94%)

As of 03:20 PM Eastern

Annual Income Statements for Li Auto

This table shows Li Auto's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-269	-471	-122	-50	-292	1,648	1,100	161
Consolidated Net Income / (Loss)	-223	-350	-23	-50	-295	1,663	1,102	163
Net Income / (Loss) Continuing Operations	-170	-347	-26	-50	-295	1,663	1,102	163
Total Pre-Tax Income	-170	-347	-29	-24	-313	1,472	1,276	185
Total Operating Income	-165	-267	-103	-160	-530	1,043	962	-75
Total Gross Profit	0.00	-0.01	238	904	1,274	3,873	4,063	3,001
Total Revenue	0.00	41	1,454	4,238	6,566	17,444	19,791	16,060
Operating Revenue	0.00	41	1,454	4,238	6,566	17,444	19,791	16,060
Total Cost of Revenue	0.00	41	1,216	3,334	5,291	13,571	15,728	13,060
Operating Cost of Revenue	0.00	41	1,216	3,334	5,291	13,571	15,728	13,060
Total Operating Expenses	165	267	341	1,064	1,804	2,830	3,101	3,075
Selling, General & Admin Expense	49	99	172	548	821	1,376	1,675	1,525
Research & Development Expense	116	168	169	516	983	1,491	1,517	1,618
Other Operating Expenses / (Income)	-	-	-	-	0.00	-37	-91	-68
Total Other Income / (Expense), net	-5.00	-80	74	136	217	429	315	260
Interest Expense	9.24	12	10	9.92	15	12	26	24
Interest & Investment Income	5.22	11	39	116	142	293	249	274
Other Income / (Expense), net	-0.99	-80	45	29	91	148	91	9.64
Income Tax Expense	0.00	0.00	-3.51	26	-18	-191	174	23
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	0.00	0.00	-2.92	15	1.77	2.14
Basic Earnings per Share	($7.25)	($12.87)	($0.91)	($0.17)	($0.15)	$0.84	$0.55	$0.08
Weighted Average Basic Shares Outstanding	255M	255M	870.00M	1.85B	1.94B	1.97B	1.99B	2.02B
Diluted Earnings per Share	($7.25)	($12.87)	($0.91)	($0.17)	($0.15)	$0.78	$0.52	$0.08
Weighted Average Diluted Shares Outstanding	255M	255M	870.00M	1.85B	1.94B	2.12B	2.13B	2.14B
Weighted Average Basic & Diluted Shares Outstanding	255M	255M	870.00M	2.04B	2.06B	2.09B	2.12B	2.14B

No quarterly income statements for Li Auto are available.

This table details how cash moves in and out of Li Auto's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-63	185	1,344	3,189	1,255	7,171	-3,483	-1,287
Net Cash From Operating Activities	-196	-258	483	1,309	1,070	7,140	2,183	-1,231
Net Cash From Continuing Operating Activities	-186	-256	483	0.00	0.00	7,140	2,183	-1,231
Net Income / (Loss) Continuing Operations	-170	-347	-26	-50	-295	1,663	1,102	163
Consolidated Net Income / (Loss)	-223	-350	-23	-50	-295	1,663	1,102	163
Depreciation Expense	8.81	17	49	93	176	254	419	663
Non-Cash Adjustments To Reconcile Net Income	11	206	507	1,284	2,125	16	96	128
Changes in Operating Assets and Liabilities, net	-37	-131	-48	-18	-936	5,207	566	-2,185
Net Cash From Investing Activities	-28	-370	-2,882	-668	-633	-1.70	-5,636	-101
Net Cash From Continuing Investing Activities	-16	-368	-2,891	0.00	0.00	-1.70	-5,636	-101
Purchase of Property, Plant & Equipment	-141	-137	-104	-541	-743	-917	-1,059	-601
Purchase of Investments	-866	-1,162	-16,203	-34,656	-8,552	-2,115	-1,767	-4,639
Sale of Property, Plant & Equipment	0.06	0.24	0.08	0.01	0.66	40	133	186
Sale and/or Maturity of Investments	1,059	1,008	13,489	34,577	8,692	4,385	1,164	4,630
Other Investing Activities, net	-71	3.26	-68	51	-31	-1,395	-4,106	324
Net Cash From Financing Activities	161	812	3,801	2,622	818	26	-57	110
Net Cash From Continuing Financing Activities	161	812	3,801	0.00	0.00	26	-57	110
Repayment of Debt	0.00	0.00	-22	-67	-96	-387	-136	-135
Issuance of Debt	63	58	0.00	962	542	247	78	234
Issuance of Common Equity	0.00	0.00	0.00	0.01	371	167	2.01	11
Effect of Exchange Rate Changes	-	-	-	-	-	6.27	27	-65
Cash Interest Paid	-	-	0.09	1.60	13	5.84	13	20
Cash Income Taxes Paid	-	-	-	0.00	0.19	8.26	88	209

No quarterly cash flow statements for Li Auto are available.

This table presents Li Auto's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,366	5,594	9,705	12,547	20,207	22,242	22,064
Total Current Assets	727	4,828	8,220	9,713	16,131	17,304	16,486
Cash & Equivalents	186	1,375	4,371	5,579	12,863	9,028	8,107
Restricted Cash	20	190	414	281	0.07	0.94	31
Short-Term Investments	326	3,030	3,086	2,614	1,681	6,426	6,339
Accounts Receivable	1.19	18	19	7.01	20	19	17
Inventories, net	74	161	254	987	968	1,121	1,252
Prepaid Expenses	117	54	75	245	598	709	740
Plant, Property, & Equipment, net	401	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	237	766	1,486	2,834	4,076	4,937	5,578
Long-Term Investments	18	25	25	215	225	126	121
Goodwill	-	-	0.00	0.80	0.77	0.75	0.78
Intangible Assets	97	105	118	121	122	125	170
Noncurrent Deferred & Refundable Income Taxes	0.00	9.10	3.12	11	280	348	477
Other Noncurrent Operating Assets	118	627	1,340	2,486	3,449	4,337	4,809
Total Liabilities & Shareholders' Equity	1,366	5,594	9,705	12,547	20,207	22,242	22,064
Total Liabilities	708	1,010	3,262	5,995	11,675	12,471	11,605
Total Current Liabilities	672	663	1,900	3,969	10,246	9,483	9,087
Short-Term Debt	134	0.00	5.81	57	982	39	889
Accrued Expenses	125	100	295	824	1,580	1,698	1,918
Current Deferred Revenue	8.14	42	48	83	215	191	232
Other Current Liabilities	404	518	1,546	3,005	7,469	7,554	6,048
Total Noncurrent Liabilities	36	348	1,362	2,027	1,430	2,988	2,518
Long-Term Debt	0.00	79	935	1,338	246	1,117	472
Noncurrent Deferred Revenue	0.85	21	61	84	114	99	89
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	5.58	24	11	28	119	99
Other Noncurrent Operating Liabilities	35	243	341	593	1,041	1,654	1,858
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-815	4,584	6,444	6,551	8,532	9,771	10,459
Total Preferred & Common Equity	-815	4,584	6,444	6,504	8,471	9,710	10,384
Total Common Equity	-815	4,584	6,444	6,504	8,408	9,710	10,384
Common Stock	0.02	5,736	7,751	7,811	8,096	8,238	8,780
Retained Earnings	-817	-997	-1,068	-1,278	344	1,392	1,598
Treasury Stock	-	0.00	-0.01	-0.01	-0.01	-0.01	-0.01
Accumulated Other Comprehensive Income / (Loss)	2.23	-155	-239	-28	-32	-24	-118
Other Equity Adjustments	-	-	-	-	-	104	124
Noncontrolling Interest	-	-	0.00	47	61	61	74

No quarterly balance sheets for Li Auto are available.

This table displays calculated financial ratios and metrics derived from Li Auto's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	2,136,189,022.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	2,136,189,022.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	0.08
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	3,462.42%	191.41%	54.92%	165.67%	13.45%	-18.85%
EBITDA Growth	0.00%	-110.38%	97.39%	-337.46%	-600.04%	649.04%	1.83%	-59.37%
EBIT Growth	0.00%	-109.29%	83.27%	-124.69%	-237.21%	371.15%	-11.61%	-106.16%
NOPAT Growth	0.00%	-62.12%	61.42%	-55.07%	-231.94%	417.77%	-29.54%	-107.88%
Net Income Growth	0.00%	-56.98%	93.34%	-116.26%	-484.15%	664.47%	-33.73%	-85.22%
EPS Growth	0.00%	-77.52%	92.93%	81.32%	-511.76%	633.65%	-33.58%	-85.13%
Operating Cash Flow Growth	0.00%	-31.38%	287.52%	171.02%	-18.24%	567.27%	-69.43%	-156.41%
Free Cash Flow Firm Growth	0.00%	0.00%	128.37%	269.81%	-131.35%	4,029.41%	-91.23%	-506.81%
Invested Capital Growth	0.00%	0.00%	-81.73%	-1,292.66%	-45.49%	-573.90%	7.05%	40.32%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	0.00%	-0.03%	16.38%	21.33%	19.41%	22.20%	20.53%	18.68%
EBITDA Margin	0.00%	-807.92%	-0.59%	-0.89%	-4.01%	8.28%	7.44%	3.72%
Operating Margin	0.00%	-653.60%	-7.08%	-3.77%	-8.07%	5.98%	4.86%	-0.46%
EBIT Margin	0.00%	-848.85%	-3.99%	-3.07%	-6.69%	6.83%	5.32%	-0.40%
Profit (Net Income) Margin	0.00%	-857.53%	-1.60%	-1.19%	-4.49%	9.53%	5.57%	1.01%
Tax Burden Percent	131.50%	100.85%	80.29%	210.36%	94.12%	112.99%	86.36%	87.84%
Interest Burden Percent	102.42%	100.17%	50.12%	18.41%	71.28%	123.62%	121.24%	-285.92%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	-12.99%	13.64%	12.16%
Return on Invested Capital (ROIC)	0.00%	-159.39%	-51.99%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-82.23%	-53.95%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	52.93%	51.10%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	-106.46%	-0.89%	-0.91%	-4.53%	22.05%	12.04%	1.61%
Cash Return on Invested Capital (CROIC)	0.00%	-359.39%	86.21%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	-25.37%	-1.67%	-1.70%	-3.95%	7.27%	4.96%	-0.29%
Return on Assets (ROA)	0.00%	-25.63%	-0.67%	-0.66%	-2.65%	10.16%	5.19%	0.74%
Return on Common Equity (ROCE)	0.00%	131.87%	-0.64%	-0.91%	-4.52%	21.80%	11.92%	1.60%
Return on Equity Simple (ROE_SIMPLE)	0.00%	42.97%	-0.51%	-0.78%	-4.53%	19.64%	11.35%	0.00%
Net Operating Profit after Tax (NOPAT)	-115	-187	-72	-112	-371	1,179	830	-65
NOPAT Margin	0.00%	-457.52%	-4.95%	-2.64%	-5.65%	6.76%	4.20%	-0.41%
Net Nonoperating Expense Percent (NNEP)	0.00%	-77.16%	1.96%	1.07%	1.07%	4.65%	1.94%	1.65%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	7.60%	-0.55%
Cost of Revenue to Revenue	0.00%	100.03%	83.62%	78.67%	80.59%	77.80%	79.47%	81.32%
SG&A Expenses to Revenue	0.00%	242.43%	11.83%	12.93%	12.51%	7.89%	8.47%	9.50%
R&D to Revenue	0.00%	411.14%	11.63%	12.17%	14.97%	8.55%	7.66%	10.07%
Operating Expenses to Revenue	0.00%	653.56%	23.46%	25.10%	27.48%	16.22%	15.67%	19.15%
Earnings before Interest and Taxes (EBIT)	-166	-347	-58	-130	-439	1,191	1,053	-65
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-157	-330	-8.59	-38	-263	1,445	1,472	598
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.60	4.51	3.20	4.59	2.59	1.73
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.61	4.59	3.26	4.66	2.62	1.75
Price to Revenue (P/Rev)	0.00	26.76	1.88	6.85	3.17	2.21	1.27	1.12
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	23.42	22.83	111.41
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	4.27%	4.38%	0.90%
Enterprise Value to Invested Capital (EV/IC)	0.00	9.16	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	52.61	0.00	5.21	2.06	1.44	0.54	0.30
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	17.39	7.31	7.95
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	21.10	10.22	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	21.32	12.95	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	16.87	12.66	3.52	4.93	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	49.97	0.00	4.62	22.53	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.20	0.02	0.15	0.21	0.14	0.12	0.13
Long-Term Debt to Equity	0.00	0.00	0.02	0.15	0.20	0.03	0.11	0.05
Financial Leverage	0.00	-0.64	-0.95	-1.04	-1.10	-1.38	-1.53	-1.37
Leverage Ratio	0.00	2.08	1.33	1.39	1.71	2.17	2.32	2.19
Compound Leverage Factor	0.00	2.08	0.67	0.26	1.22	2.68	2.81	-6.26
Debt to Total Capital	0.00%	16.90%	1.69%	12.74%	17.56%	12.59%	10.57%	11.51%
Short-Term Debt to Total Capital	0.00%	16.90%	0.00%	0.08%	0.71%	10.07%	0.35%	7.52%
Long-Term Debt to Total Capital	0.00%	0.00%	1.69%	12.67%	16.84%	2.52%	10.22%	3.99%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	186.04%	0.00%	0.00%	0.60%	0.62%	0.56%	0.63%
Common Equity to Total Capital	0.00%	-102.94%	98.31%	87.26%	81.85%	86.15%	88.87%	87.86%
Debt to EBITDA	0.00	-0.41	-9.16	-25.03	-5.30	0.85	0.79	2.28
Net Debt to EBITDA	0.00	1.26	528.36	184.97	27.71	-9.37	-9.80	-22.14
Long-Term Debt to EBITDA	0.00	0.00	-9.16	-24.88	-5.08	0.17	0.76	0.79
Debt to NOPAT	0.00	-0.72	-1.09	-8.42	-3.76	1.04	1.39	-20.79
Net Debt to NOPAT	0.00	2.23	63.02	62.24	19.67	-11.49	-17.37	202.23
Long-Term Debt to NOPAT	0.00	0.00	-1.09	-8.37	-3.61	0.21	1.34	-7.21
Altman Z-Score	0.00	-0.67	2.50	6.36	2.90	3.42	2.76	2.15
Noncontrolling Interest Sharing Ratio	0.00%	223.87%	28.09%	0.00%	0.37%	1.13%	1.01%	0.67%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.08	7.28	4.33	2.45	1.57	1.82	1.81
Quick Ratio	0.00	0.76	6.67	3.93	2.07	1.42	1.63	1.59
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-421	119	442	-139	5,444	477	-1,942
Operating Cash Flow to CapEx	-138.80%	-188.56%	465.40%	242.13%	144.05%	814.59%	235.70%	-296.40%
Free Cash Flow to Firm to Interest Expense	0.00	-35.06	11.61	44.53	-8.99	448.14	18.56	-80.81
Operating Cash Flow to Interest Expense	-21.22	-21.44	46.92	131.88	69.40	587.74	84.86	-51.23
Operating Cash Flow Less CapEx to Interest Expense	-36.51	-32.81	36.84	77.41	21.22	515.59	48.86	-68.52
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.03	0.42	0.55	0.59	1.07	0.93	0.73
Accounts Receivable Turnover	0.00	34.25	153.39	231.06	506.44	1,281.27	1,022.13	901.14
Inventory Turnover	0.00	0.55	10.33	16.07	8.53	13.89	15.06	11.01
Fixed Asset Turnover	0.00	0.10	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	29.13	558.41	755.10	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	10.66	2.38	1.58	0.72	0.28	0.36	0.41
Days Inventory Outstanding (DIO)	0.00	664.77	35.35	22.72	42.78	26.28	24.24	33.16
Days Payable Outstanding (DPO)	0.00	12.53	0.65	0.48	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	662.90	37.08	23.81	43.50	26.57	24.60	33.57
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	234	43	-511	-743	-5,009	-4,656	-2,779
Invested Capital Turnover	0.00	0.35	10.49	-18.11	-10.47	-6.07	-4.10	-4.32
Increase / (Decrease) in Invested Capital	0.00	234	-192	-554	-232	-4,265	353	1,877
Enterprise Value (EV)	0.00	2,148	-1,802	22,084	13,542	25,128	10,755	4,751
Market Capitalization	1,093	1,093	2,739	29,039	20,789	38,607	25,120	17,914
Book Value per Share	$0.00	($3.20)	$5.27	$3.56	$3.19	$4.08	$4.64	$4.91
Tangible Book Value per Share	$0.00	($3.57)	$5.15	$3.50	$3.13	$4.02	$4.58	$4.83
Total Capital	0.00	791	4,663	7,385	7,946	9,760	10,926	11,820
Total Debt	0.00	134	79	941	1,395	1,229	1,155	1,361
Total Long-Term Debt	0.00	0.00	79	935	1,338	246	1,117	472
Net Debt	0.00	-417	-4,541	-6,955	-7,295	-13,540	-14,426	-13,238
Capital Expenditures (CapEx)	141	137	104	541	743	877	926	415
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-343	-429	-1,546	-2,673	-7,677	-7,595	-6,189
Debt-free Net Working Capital (DFNWC)	0.00	189	4,165	6,325	5,801	6,867	7,860	8,288
Net Working Capital (NWC)	0.00	55	4,165	6,320	5,744	5,885	7,822	7,398
Net Nonoperating Expense (NNE)	108	163	-49	-61	-76	-485	-272	-228
Net Nonoperating Obligations (NNO)	0.00	-423	-4,541	-6,955	-7,295	-13,540	-14,426	-13,238
Total Depreciation and Amortization (D&A)	8.81	17	49	93	176	254	419	663
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-840.92%	-29.52%	-36.48%	-40.72%	-44.01%	-38.38%	-38.54%
Debt-free Net Working Capital to Revenue	0.00%	463.34%	286.38%	149.24%	88.35%	39.37%	39.72%	51.60%
Net Working Capital to Revenue	0.00%	135.78%	286.38%	149.10%	87.49%	33.74%	39.52%	46.07%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.14)	($0.17)	($1.04)	$5.95	$0.55	$0.08
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	1.81B	1.85B	1.94B	1.97B	1.99B	2.02B
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.14)	($0.17)	($0.15)	$5.55	$0.52	$0.08
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	1.81B	1.85B	1.94B	2.12B	2.13B	2.14B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($0.14)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	870.00M	2.04B	2.06B	2.09B	2.12B	2.14B
Normalized Net Operating Profit after Tax (NOPAT)	-115	-187	-72	-112	-371	730	830	-65
Normalized NOPAT Margin	0.00%	-457.52%	-4.95%	-2.64%	-5.65%	4.19%	4.20%	-0.41%
Pre Tax Income Margin	0.00%	-850.27%	-2.00%	-0.57%	-4.77%	8.44%	6.45%	1.15%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-17.93	-28.85	-5.63	-13.12	-28.49	98.03	40.92	-2.70
NOPAT to Interest Expense	-12.47	-15.55	-7.00	-11.26	-24.06	97.03	32.29	-2.72
EBIT Less CapEx to Interest Expense	-33.21	-40.22	-15.71	-67.59	-76.67	25.88	4.92	-19.98
NOPAT Less CapEx to Interest Expense	-27.76	-26.92	-17.08	-65.72	-72.24	24.88	-3.72	-20.01
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.99%	-0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for Li Auto are available.

Financials Breakdown Chart

Li Auto Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Li Auto's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Li Auto's net income appears to be on an upward trend, with a most recent value of $162.94 million in 2025, falling from -$223.03 million in 2018. The previous period was $1.10 billion in 2024. View Li Auto's forecast to see where analysts expect Li Auto to go next.

Li Auto's total operating income in 2025 was -$74.52 million, based on the following breakdown:

Total Gross Profit: $3.00 billion
Total Operating Expenses: $3.08 billion

Over the last 7 years, Li Auto's total revenue changed from $0.00 in 2018 to $16.06 billion in 2025, a change of 1,606,047,546,900.0%.

Li Auto's total liabilities were at $11.61 billion at the end of 2025, a 6.9% decrease from 2024, and a 1,538.8% increase since 2019.

In the past 6 years, Li Auto's cash and equivalents has ranged from $186.11 million in 2019 to $12.86 billion in 2023, and is currently $8.11 billion as of their latest financial filing in 2025.

Over the last 7 years, Li Auto's book value per share changed from 0.00 in 2018 to 4.91 in 2025, a change of 490.7%.

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Financial statements for NASDAQ:LI last updated on 4/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Li Auto (LI) Financials

Financials Breakdown Chart

Li Auto Financials - Frequently Asked Questions

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Li Auto (LI) Financials

Annual Income Statements for Li Auto

Quarterly Income Statements for Li Auto

Annual Cash Flow Statements for Li Auto

Quarterly Cash Flow Statements for Li Auto

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Quarterly Balance Sheets for Li Auto

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Quarterly Metrics And Ratios for Li Auto

Financials Breakdown Chart

Li Auto Financials - Frequently Asked Questions

When does Li Auto's financial year end?

How has Li Auto's net income changed over the last 7 years?

What is Li Auto's operating income?

How has Li Auto's revenue changed over the last 7 years?

How much debt does Li Auto have?

How much cash does Li Auto have?

How has Li Auto's book value per share changed over the last 7 years?

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