LI - Li Auto Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$20.01
DETAILS
HIGH:
$27.00
LOW:
$15.00
MEDIAN:
$19.00
CONSENSUS:
$20.01
UPSIDE:
25.93%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 109,252.6 | 144,522.5 | 123,834.6 | 46,082.2 | 26,660.1 | 8,940.4 | 283.6 | 0 |
| Cost of Revenue | 88,839.3 | 114,853.5 | 96,341.6 | 37,276.7 | 21,108.3 | 7,554.0 | 380.7 | 89.7 |
| Gross Profit | 20,413.3 | 29,669.0 | 27,493.0 | 8,805.6 | 5,551.7 | 1,386.4 | (97.1) | (89.7) |
| Operating Expenses | ||||||||
| R&D Expenses | 0 | 11,076.2 | 10,584.7 | 6,844.1 | 3,190.4 | 997.3 | 1,126.4 | 804.5 |
| SG&A Expenses | 10,374.3 | 12,234.6 | 9,766.6 | 5,680.6 | 3,365.5 | 993.2 | 612.0 | 280.9 |
| Other Expenses | 11,006.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 21,381.0 | 23,310.8 | 20,351.3 | 12,524.6 | 6,555.9 | 1,990.5 | 1,738.4 | 1,085.3 |
| Operating Income | ||||||||
| Operating Income | (967.6) | 6,358.2 | 7,141.7 | (3,719.1) | (1,004.1) | (604.1) | (1,835.6) | (1,175.0) |
| Interest Expense | 163.5 | 187.8 | 86.2 | 108.2 | 62.4 | 63.3 | 83.4 | 65.9 |
| Interest Income | 0 | 1,820.8 | 2,082.7 | 1,086.0 | 730.8 | 241.0 | 79.4 | 74.5 |
| Profitability | ||||||||
| EBITDA | (967.6) | 12,566.7 | 12,319.0 | (853.9) | 494.3 | 244.1 | (2,008.3) | (1,017.9) |
| EBIT | (967.6) | 9,507.5 | 10,536.6 | (2,089.1) | (88.4) | (112.9) | (2,165.6) | (1,107.6) |
| Income Before Tax | 1,261.8 | 9,319.7 | 10,450.4 | (2,197.3) | (150.8) | (178.6) | (2,411.3) | (1,210.7) |
| Income Tax Expense | 153.4 | 1,270.9 | (1,357.2) | (129.2) | 166.5 | (21.6) | 0 | 0 |
| Net Income | 1,093.8 | 8,035.8 | 11,702.6 | (2,047.6) | (317.3) | (159.8) | (2,432.0) | (1,592.1) |
| Per Share Data | ||||||||
| EPS (Basic) | 1.12 | 8.06 | 11.90 | -2.10 | -0.34 | -0.85 | -3.62 | -2.12 |
| EPS (Diluted) | 1.04 | 7.54 | 11.06 | -2.10 | -0.34 | -0.85 | -3.62 | -2.12 |
| Shares Outstanding | 1,007.5 | 996.6 | 983.9 | 970.6 | 926.7 | 905.0 | 905.0 | 905.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 56,944.3 | 65,901.1 | 91,329.0 | 38,478.0 | 27,854.2 | 8,938.3 | 1,296.2 | 70.2 |
| Short-Term Investments | 44,359.6 | 46,904.5 | 11,933.3 | 18,031.4 | 19,668.2 | 19,701.4 | 2,272.7 | 859.9 |
| Net Receivables | 119.9 | 135.1 | 143.5 | 48.4 | 120.5 | 115.5 | 8.3 | 0 |
| Inventory | 8,758.0 | 8,185.6 | 6,872.0 | 6,804.7 | 1,617.9 | 1,048.0 | 518.1 | 0.2 |
| Other Current Assets | 5,177.5 | 5,183.4 | 4,247.8 | 1,940.1 | 3,119.5 | 1,557.5 | 902.6 | 1,355.0 |
| Total Current Assets | 115,359.4 | 126,309.8 | 114,525.6 | 66,992.5 | 52,380.4 | 31,391.1 | 5,065.8 | 2,294.3 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 31,894.5 | 29,464.9 | 20,434.7 | 14,726.8 | 6,559.8 | 3,755.7 | 3,133.7 | 2,117.2 |
| Goodwill | 5.5 | 5.5 | 5.5 | 5.5 | (289.8) | (181.5) | 0 | 0 |
| Intangible Assets | 2,701.0 | 2,436.1 | 864.2 | 832.6 | 1,041.3 | 864.8 | 857.2 | 850.5 |
| Long-Term Investments | 849.2 | 922.9 | 1,595.4 | 1,484.5 | 156.3 | 162.9 | 126.2 | 177.1 |
| Other Non-Current Assets | 248.1 | 667.8 | 4,792.6 | 2,421.3 | 1,981.1 | 321.2 | 33.8 | 43.3 |
| Total Non-Current Assets | 39,034.7 | 36,039.3 | 28,941.9 | 19,545.5 | 9,468.5 | 4,982.2 | 4,447.6 | 3,486.6 |
| Total Assets | 154,394.1 | 162,349.1 | 143,467.5 | 86,538.0 | 61,848.9 | 36,373.3 | 9,513.4 | 5,780.9 |
| Current Liabilities | ||||||||
| Account Payables | 40,605.1 | 40,042.0 | 34,839.5 | 15,410.1 | 7,089.4 | 2,991.5 | 633.9 | 342.2 |
| Short-Term Debt | 6,217.7 | 281.1 | 6,975.4 | 390.8 | 37.0 | 0 | 931.5 | 20 |
| Deferred Revenue | 0 | 1,293.2 | 0 | 579.7 | 315.4 | 271.5 | 87.4 | 1,580.2 |
| Other Current Liabilities | 15,075.0 | 114.8 | 7,355.8 | (1,550.1) | (570.9) | (193.0) | 2,264.7 | (301.1) |
| Total Current Liabilities | 63,588.1 | 69,215.9 | 72,742.7 | 27,372.6 | 12,108.3 | 4,309.2 | 4,679.7 | 1,749.4 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 3,301.3 | 8,151.6 | 1,747.1 | 9,230.8 | 5,960.9 | 511.6 | 0 | 644.6 |
| Deferred Tax Liabilities | 692.1 | 865.0 | 0 | 77.8 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 6,389.4 | 5,245.2 | 4,724.5 | 2,142.5 | 1,345.6 | 356.7 | 11.5 | 5,199.0 |
| Total Non-Current Liabilities | 17,619.6 | 21,812.8 | 10,149.5 | 13,979.0 | 8,676.4 | 2,260.5 | 252.6 | 6,427.3 |
| Total Liabilities | 81,207.8 | 91,028.7 | 82,892.2 | 41,351.6 | 20,784.6 | 6,569.7 | 4,932.3 | 8,176.7 |
| Stockholders' Equity | ||||||||
| Common Stock | 1.5 | 1.4 | 1.4 | 1.4 | 1.4 | 1.2 | 0.2 | 0.2 |
| Retained Earnings | 11,176.4 | 10,918.6 | 2,441.7 | (8,817.9) | (6,805.6) | (6,482.2) | (5,690.2) | (2,408.6) |
| Accumulated Other Comprehensive Income | 41.5 | (171.7) | 219.7 | (194.1) | (1,521.9) | (1,005.2) | 15.5 | 12.7 |
| Total Stockholders' Equity | 72,665.5 | 70,874.9 | 60,142.6 | 44,858.7 | 41,064.3 | 29,803.6 | 4,581.1 | (2,395.8) |
| Total Liabilities & Equity | 154,394.1 | 162,349.1 | 143,467.5 | 86,538.0 | 61,848.9 | 36,373.3 | 9,513.4 | 5,780.9 |
| Debt Metrics | ||||||||
| Total Debt | 17,826.1 | 16,344.7 | 13,546.9 | 12,264.4 | 7,841.0 | 2,114.3 | 1,710.9 | 1,356.3 |
| Net Debt | (39,118.2) | (49,556.4) | (77,782.2) | (26,213.6) | (20,013.2) | (6,824.0) | 414.7 | 1,286.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | 1,139.4 | 8,032.4 | 11,704.1 | (2,032.3) | (321.5) | (166.0) | (2,417.9) | (1,165.3) |
| Depreciation & Amortization | 4,635.1 | 3,057.9 | 1,805.0 | 1,213.9 | 590.4 | 321.0 | 116.4 | 60.5 |
| Stock-Based Compensation | 1,257.8 | 2,630.9 | 2,378.7 | 2,053.2 | 1,101.4 | 142.8 | 0 | 0 |
| Change in Working Capital | (15,126.0) | 2,070.0 | 3,579.6 | 5,035.4 | 6,615.9 | 3,067.8 | (153.6) | (310.4) |
| Other Non-Cash Items | 407.8 | 142.0 | 31,227.9 | 1,238.5 | 185.5 | (202.9) | 661.3 | 68.4 |
| Operating Cash Flow | (8,611.4) | 15,933.2 | 50,693.5 | 7,380.3 | 8,340.4 | 3,139.8 | (1,793.7) | (1,346.8) |
| Investing Activities | ||||||||
| Capital Expenditure | (4,205.5) | (7,730.0) | (6,507.2) | (5,127.9) | (3,444.6) | (675.2) | (952.9) | (970.7) |
| Acquisitions | 0 | 0 | 0 | 2.1 | (630.7) | (35.4) | (560) | 25.0 |
| Purchases of Investments | (108,195.3) | (67,546.0) | (34.1) | (59,711.3) | (222,158.6) | (106,382.5) | (9,821.9) | (5,950.9) |
| Sales/Maturities of Investments | 110,397.5 | 33,168.7 | 40.3 | 60,468.0 | 221,976.6 | 88,301.1 | 8,286.9 | 7,278.7 |
| Other Investing Activities | 1,300.2 | 970.2 | 6,488.9 | 4.5 | 0.0 | 54.2 | 473.1 | (573.5) |
| Investing Cash Flow | (703.1) | (41,137.2) | (12.1) | (4,364.7) | (4,257.2) | (18,737.7) | (2,574.8) | (191.5) |
| Financing Activities | ||||||||
| Net Debt Issuance | 692.7 | (430.3) | (1,000.9) | 3,080.4 | 5,703.5 | (144.7) | 401.4 | 150 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | (3.8) | (15.1) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 60 | 14.7 | 1,185.1 | 96.7 | 1.1 | 0 | 97.4 | 269.9 |
| Financing Cash Flow | 767.4 | (415.6) | 185.4 | 5,639.4 | 16,709.5 | 24,710.7 | 5,655.7 | 1,108.7 |
| Cash Position | ||||||||
| Net Change in Cash | (8,999.9) | (25,421.5) | 50,911.4 | 9,925.1 | 20,320.5 | 8,736.1 | 1,340.9 | (426.4) |
| Cash at Beginning | 65,908.0 | 91,329.5 | 40,418.2 | 30,493.1 | 10,172.5 | 1,436.4 | 95.5 | 521.9 |
| Cash at End | 56,908.1 | 65,908.0 | 91,329.5 | 40,418.2 | 30,493.1 | 10,172.5 | 1,436.4 | 95.5 |
| Free Cash Flow | (12,816.9) | 8,203.1 | 44,186.3 | 2,252.4 | 4,895.8 | 2,464.6 | (2,746.6) | (2,317.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 109,252.6 | 144,522.5 | 123,834.6 | 46,082.2 | 26,660.1 | 8,940.4 | 283.6 | 0 |
| Gross Profit | 20,413.3 | 29,669.0 | 27,493.0 | 8,805.6 | 5,551.7 | 1,386.4 | (97.1) | (89.7) |
| Operating Income | (967.6) | 6,358.2 | 7,141.7 | (3,719.1) | (1,004.1) | (604.1) | (1,835.6) | (1,175.0) |
| Net Income | 1,093.8 | 8,035.8 | 11,702.6 | (2,047.6) | (317.3) | (159.8) | (2,432.0) | (1,592.1) |
| EPS (Diluted) | 1.04 | 7.54 | 11.06 | -2.10 | -0.34 | -0.85 | -3.62 | -2.12 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 56,944.3 | 65,901.1 | 91,329.0 | 38,478.0 | 27,854.2 | 8,938.3 | 1,296.2 | 70.2 |
| Total Assets | 154,394.1 | 162,349.1 | 143,467.5 | 86,538.0 | 61,848.9 | 36,373.3 | 9,513.4 | 5,780.9 |
| Total Debt | 17,826.1 | 16,344.7 | 13,546.9 | 12,264.4 | 7,841.0 | 2,114.3 | 1,710.9 | 1,356.3 |
| Stockholders' Equity | 72,665.5 | 70,874.9 | 60,142.6 | 44,858.7 | 41,064.3 | 29,803.6 | 4,581.1 | (2,395.8) |
| Cash Flow | ||||||||
| Operating Cash Flow | (8,611.4) | 15,933.2 | 50,693.5 | 7,380.3 | 8,340.4 | 3,139.8 | (1,793.7) | (1,346.8) |
| Capital Expenditure | (4,205.5) | (7,730.0) | (6,507.2) | (5,127.9) | (3,444.6) | (675.2) | (952.9) | (970.7) |
| Free Cash Flow | (12,816.9) | 8,203.1 | 44,186.3 | 2,252.4 | 4,895.8 | 2,464.6 | (2,746.6) | (2,317.5) |