LI
Li Auto Inc.Li Auto Inc. reported revenue of CNY 112.31B in its most recent fiscal year, down 22.3% on the year before. It kept 1.0% of that as net income, and generated -CNY 12.82B of free cash flow. Figures below are compared against other companies classified under Motor Vehicles & Passenger Car Bodies.
Grades vs. industry
Growth
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Revenue growth (YoY) Latest fiscal year revenue vs. the year before. | -22.3% | 1.2% | 20 / 23 |
Revenue growth (3y) Annualized revenue growth over three fiscal years. | 35.4% | 14.8% | 7 / 23 |
Revenue growth (5y) Annualized revenue growth over five fiscal years. | 64.0% | 14.8% | 4 / 18 |
EPS growth (YoY) Diluted EPS vs. the prior fiscal year. | -85.8% | -45.0% | 8 / 10 |
EPS growth (3y) Annualized diluted EPS growth over three fiscal years. | Not reported | 9.3% | — |
EPS growth (5y) Annualized diluted EPS growth over five fiscal years. | Not reported | 16.7% | — |
Free cash flow growth (YoY) Operating cash flow less capital expenditure, vs. prior year. | -256.2% | 29.1% | 9 / 9 |
Free cash flow growth (3y) Annualized free cash flow growth over three fiscal years. | Not reported | 22.0% | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Profitability
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Gross margin Gross profit as a share of revenue. Often unreported. | 18.7% | 13.6% | 8 / 21 |
Operating margin Operating income as a share of revenue. | -0.5% | -10.5% | 8 / 22 |
Net margin Net income as a share of revenue. | 1.0% | -4.4% | 9 / 23 |
Free cash flow margin Free cash flow as a share of revenue. | -11.4% | -3.5% | 14 / 21 |
Return on equity Net income divided by shareholder equity. | 1.6% | -4.1% | 9 / 20 |
Return on assets Net income divided by total assets. | 0.7% | -2.8% | 9 / 23 |
Return on invested capital After-tax operating profit over debt plus equity less cash. | -1.8% | -14.5% | 8 / 19 |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Financial health
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Debt to equity Total debt divided by shareholder equity. | 0.13x | 0.42x | 3 / 17 |
Current ratio Current assets over current liabilities. | 1.81x | 1.25x | 6 / 21 |
Quick ratio Current assets excluding inventory, over current liabilities. | 1.68x | 0.91x | 4 / 21 |
Interest coverage Operating income divided by interest expense. | -3.10x | -4.80x | 7 / 18 |
Net debt to EBITDA Net debt over derived EBITDA. EBITDA is not a GAAP tag; it is computed. | -12.97x | -0.66x | 2 / 10 |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Debt figures can be understated where a filer splits borrowings across XBRL tags this site does not match.
Annual financials
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | CNY 112.31B | CNY 144.46B | CNY 123.85B | CNY 45.29B | CNY 27.01B | CNY 9.46B | CNY 284.37M | — |
| Gross profit | CNY 20.99B | CNY 29.66B | CNY 27.50B | CNY 8.79B | CNY 5.76B | CNY 1.55B | -CNY 95.0K | — |
| Operating income | -CNY 521.12M | CNY 7.02B | CNY 7.41B | -CNY 3.65B | -CNY 1.02B | -CNY 669.34M | -CNY 1.86B | -CNY 1.13B |
| Net income | CNY 1.14B | CNY 8.05B | CNY 11.81B | -CNY 2.03B | -CNY 321.45M | -CNY 151.66M | -CNY 2.44B | -CNY 1.53B |
| EPS (diluted) | CNY 0.54 | CNY 3.79 | CNY 5.55 | -CNY 1.04 | -CNY 0.17 | n/c | n/c | n/c |
| Operating cash flow | -CNY 8.61B | CNY 15.93B | CNY 50.69B | CNY 7.38B | CNY 8.34B | CNY 3.14B | -CNY 1.79B | -CNY 1.35B |
| Capital expenditure | CNY 4.21B | CNY 7.73B | CNY 6.51B | CNY 5.13B | CNY 3.44B | CNY 675.19M | CNY 952.90M | CNY 970.73M |
| Free cash flow | -CNY 12.82B | CNY 8.20B | CNY 44.19B | CNY 2.25B | CNY 4.90B | CNY 2.46B | -CNY 2.75B | -CNY 2.32B |
| Total assets | CNY 154.30B | CNY 162.35B | CNY 143.47B | CNY 86.54B | CNY 61.85B | CNY 36.37B | CNY 9.51B | — |
| Shareholder equity | CNY 72.62B | CNY 70.87B | CNY 60.14B | CNY 44.86B | CNY 41.06B | CNY 29.80B | -CNY 5.67B | -CNY 2.40B |
| Total debt | CNY 9.52B | CNY 8.43B | CNY 8.72B | CNY 9.62B | CNY 6.00B | CNY 511.64M | CNY 238.96M | — |
| Cash | CNY 56.69B | CNY 65.90B | CNY 91.33B | CNY 38.48B | CNY 27.85B | CNY 8.94B | CNY 1.30B | CNY 95.19M |
A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.
Amounts are in CNY, as the company reports them. Nothing here is converted to dollars, so these figures cannot be compared directly against a company reporting in another currency. Margins, returns and other ratios are unaffected.
n/c marks per-share figures that are not comparable. Companies report each year as their filings stated it, and an annual report restates only its two prior years — so after a stock split, older years remain on the pre-split share count. Totals above are unaffected.
Source
Figures come from Li Auto Inc.’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 20-F filed Apr 10, 2026. View filings on EDGAR.