Li Auto Inc.

NasdaqGS:LI Stock Report

Market Cap: US$18.6b

Li Auto Past Earnings Performance

Past criteria checks 2/6

Li Auto has been growing earnings at an average annual rate of 59.7%, while the Auto industry saw earnings declining at 0.4% annually. Revenues have been growing at an average rate of 45.1% per year. Li Auto's return on equity is 6.4%, and it has net margins of 3.6%.

Key information

59.67%

Earnings growth rate

62.96%

EPS growth rate

Auto Industry Growth23.94%
Revenue growth rate45.10%
Return on equity6.36%
Net Margin3.63%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Li Auto: Compelling Hybrid/EV Play With Profitable Growth Prospect

Oct 02

Does Li Auto (NASDAQ:LI) Have A Healthy Balance Sheet?

Aug 05
Does Li Auto (NASDAQ:LI) Have A Healthy Balance Sheet?

Investors Appear Satisfied With Li Auto Inc.'s (NASDAQ:LI) Prospects As Shares Rocket 27%

May 17
Investors Appear Satisfied With Li Auto Inc.'s (NASDAQ:LI) Prospects As Shares Rocket 27%

Li Auto's Selloff Triggers Excellent Buying Opportunity - Reiterate Buy

Apr 17

Estimating The Fair Value Of Li Auto Inc. (NASDAQ:LI)

Mar 30
Estimating The Fair Value Of Li Auto Inc. (NASDAQ:LI)

Li Auto Is Improving Safety With Self-Driving Tech

Mar 16

Li Auto: Time To Be Greedy

Mar 04

Li Auto Inc. (NASDAQ:LI) Stocks Shoot Up 39% But Its P/E Still Looks Reasonable

Feb 27
Li Auto Inc. (NASDAQ:LI) Stocks Shoot Up 39% But Its P/E Still Looks Reasonable

At US$26.37, Is It Time To Put Li Auto Inc. (NASDAQ:LI) On Your Watch List?

Feb 11
At US$26.37, Is It Time To Put Li Auto Inc. (NASDAQ:LI) On Your Watch List?

Returns Are Gaining Momentum At Li Auto (NASDAQ:LI)

Jan 12
Returns Are Gaining Momentum At Li Auto (NASDAQ:LI)

Li Auto: A Strong Buy Due To MEGA And AI

Jan 09

Li Auto: Consistent Performer And Undervalued

Dec 31

Li Auto Finally Nears Our Buy Zone, Great 2025 Prospects

Nov 20
User avatar

Critical Expansion And AI Innovation Propel Premium NEV Market Growth

Strategic expansion of sales network and charging infrastructure in China is expected to bolster market share and future revenue growth.

Li Auto: H2 2024 May Bring Forth Improved Numbers, Thanks To Government Stimulus

Sep 29

Li Auto: Strong EV Choice, Low Price

Sep 08

Li Auto: From Setback To Comeback (Rating Upgrade)

Aug 29

Expecting Significant Wealth Creation From Li Stock In The Long Term

Aug 19

Li Auto: Weakening Financials Encourage Caution

Jul 02

Li Auto Lost The Price War - More Pain Ahead

Jun 18

Li Auto: Deep Value For EV Investors

May 28

Li Auto's Strategic Pivot: From Setbacks To Solutions

May 16

Li Auto: My Pick For The EV Market Will Likely Survive A Price War

May 08

Li Auto: The Stock Is Dirt Cheap

Apr 22

Buy Li Auto's Dip - Electrification Is Here To Stay

Mar 31

Li Auto Charges Ahead In Fourth Quarter As Slowdown Looms

Feb 27

Revenue & Expenses Breakdown

How Li Auto makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:LI Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 25127,8114,64111,09510,707
30 Jun 25143,3208,08011,68510,319
31 Mar 25144,7538,09011,78310,536
31 Dec 24144,4608,03212,22911,071
30 Sep 24141,91810,16712,42212,154
30 Jun 24133,72410,17611,60612,385
31 Mar 24130,69811,36711,10011,783
31 Dec 23123,85111,7049,76810,586
30 Sep 2399,7696,3038,1289,165
30 Jun 2374,4321,8397,0928,152
31 Mar 2354,512-1,0726,1087,258
31 Dec 2245,287-2,0125,6656,780
30 Sep 2238,257-1,9745,1805,921
30 Jun 2236,690-3554,7054,995
31 Mar 2232,997284,2294,102
31 Dec 2127,010-3213,5453,233
30 Sep 2120,536-5092,8422,385
30 Jun 2115,272-8092,1521,841
31 Mar 2112,180-9181,5101,400
31 Dec 209,457-8061,1071,081
30 Sep 205,594-1,9828971,065
31 Mar 201,136-3,0346851,136
31 Dec 19284-3,2616861,155
30 Sep 190-2,7025901,020

Quality Earnings: LI has high quality earnings.

Growing Profit Margin: LI's current net profit margins (3.6%) are lower than last year (7.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LI has become profitable over the past 5 years, growing earnings by 59.7% per year.

Accelerating Growth: LI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LI had negative earnings growth (-54.4%) over the past year, making it difficult to compare to the Auto industry average (-16.2%).


Return on Equity

High ROE: LI's Return on Equity (6.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/28 02:55
End of Day Share Price 2025/11/26 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Li Auto Inc. is covered by 61 analysts. 38 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tianli WenAletheia Analyst Network Limited
Jiong ShaoBarclays
James KanBNP Paribas