LI Stock Analysis: Li Auto | NASDAQ
Auto Manufacturers | NASDAQ, USA | Market Cap: 11.864m USD | 12M Return: -54.2% | US50202M1027 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 35.5M
Qual. Beats: 0
Rev. Trend: -21.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Li Auto Inc. (NASDAQ: LI) is a Chinese premium smart electric vehicle manufacturer headquartered in Beijing. Founded in 2015 and formerly known as Leading Ideal Inc., the company designs, develops, manufactures, and sells new energy vehicles, with a product line focused on multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs). Beyond vehicles, Li Auto also provides technology development, manufacturing equipment, and after-sales management services, distributing its products through both online and offline channels.
The company operates within the GICS Automobile Manufacturers sub-industry under Consumer Discretionary, competing in Chinas highly competitive new energy vehicle (NEV) market. Li Auto is notable for its emphasis on extended-range electric vehicles (EREVs), which pair a battery-electric drivetrain with a small gasoline engine used solely to generate electricity, addressing range anxiety that has historically affected pure EV adoption in China. Its direct-to-consumer sales model, combining online ordering with offline experience and delivery centers, reflects a broader shift among Chinese automakers away from traditional franchised dealerships toward integrated retail formats.
- Li Auto deliveries accelerate on L6 SUV demand
- China EV price war pressures Li Auto profit margins
- Li Auto expands BEV lineup to capture premium market
| Net Income: -4.59b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.06 > 0.02 and ΔFCF/TA -15.04 > 1.0 |
| NWC/Revenue: 42.23% < 20% (prev 36.39%; Δ 5.84% < -1%) |
| CFO/TA -0.03 > 3% & CFO -4.79b > Net Income -4.59b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.81 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.01b) vs 12m ago -5.99% < -2% |
| Gross Margin: 13.59% > 18% (prev 20.64%; Δ -7.05% > 0.5%) |
| Asset Turnover: 69.02% > 50% (prev 89.15%; Δ -20.14% > 0%) |
| Interest Coverage Ratio: -30.80 > 6 (EBIT TTM -6.96b / Interest Expense TTM 225.9m) |
| A: 0.31 (Total Current Assets 98.5b - Total Current Liabilities 54.5b) / Total Assets 141b |
| B: 0.05 (Retained Earnings 7.18b / Total Assets 141b) |
| C: -0.05 (EBIT TTM -6.96b / Avg Total Assets 151b) |
| D: 0.88 (Book Value of Equity 66.0b / Total Liabilities 74.7b) |
| Altman-Z'' = 2.84 = A |
| DSRI: 3.0 (Receivables 206.7m/85.7m, Revenue 104b/144b) |
| GMI: 1.52 (GM 20.64% / 13.59%) |
| AQI: 1.98 (AQ_t 0.08 / AQ_t-1 0.04) |
| SGI: 0.72 (Revenue 104b / 144b) |
| TATA: 0.00 (NI -4.59b - CFO -4.79b) / TA 141b) |
| Beneish M = -0.53 (Cap -4..+1) = D |
As of September 23, 2026, the stock is trading at USD 11.66 with a total of 2,789,072 shares traded. Over the past week, the price has changed by -0.85%, over one month by -6.57%, over three months by -9.05% and over the past year by -54.18%.
Current recommended Stop Loss: 11.10 (which is 4.8% or 1.3 ATR below the current price).
Li Auto has received a consensus analysts rating of 3.57. Therefore, it is recommended to hold LI.
- StrongBuy: 8
- Buy: 3
- Hold: 15
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 16 | 36.8% |
Market Cap CNY = 79.4b (11.9b USD * 6.6954 USD.CNY)
P/E Forward = 144.9275
P/S = 0.1132
P/B = 1.2161
P/EG = 4.481
Revenue TTM = 104b CNY
EBIT TTM = -6.96b CNY
EBITDA TTM = -2.32b CNY
Long Term Debt = 6.86b CNY (from longTermDebt, last quarter)
Short Term Debt = 17.2b CNY (from shortTermDebt, last quarter)
Debt = 37.6b CNY (from shortLongTermDebtTotal, last quarter) + Leases 7.54b
Net Debt = -48.1b CNY (calculated: Debt 37.6b - CCE 85.6b)
Enterprise Value = 31.3b CNY (79.4b + Debt 37.6b - CCE 85.6b)
Interest Coverage Ratio = -30.80 (Ebit TTM -6.96b / Interest Expense TTM 225.9m)
EV/FCF = -3.49x (Enterprise Value 31.3b / FCF TTM -8.98b)
FCF Yield = -28.64% (FCF TTM -8.98b / Enterprise Value 31.3b)
FCF Margin = -8.62% (FCF TTM -8.98b / Revenue TTM 104b)
Net Margin = -4.41% (Net Income TTM -4.59b / Revenue TTM 104b)
Gross Margin = 13.59% ((Revenue TTM 104b - Cost of Revenue TTM 90.1b) / Revenue TTM)
Gross Margin QoQ = 11.05% (prev 7.87%)
Tobins Q-Ratio = 0.22 (Enterprise Value 31.3b / Total Assets 141b)
Interest Expense / Debt = 0.60% (Interest Expense 225.9m / Debt 37.6b)
Taxrate = 12.16% (153.4m / 1.26b)
NOPAT = -6.11b (EBIT -6.96b * (1 - 12.16%)) [loss with tax shield]
Current Ratio = 1.81 (Total Current Assets 98.5b / Total Current Liabilities 54.5b)
Debt / Equity = 0.57 (Debt 37.6b / totalStockholderEquity, last quarter 66.0b)
Debt / EBITDA = 20.70 (negative EBITDA) (Net Debt -48.1b / EBITDA -2.32b)
Debt / FCF = 5.36 (negative FCF - burning cash) (Net Debt -48.1b / FCF TTM -8.98b)
Total Stockholder Equity = 69.8b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.04% (Net Income -4.59b / Total Assets 141b)
RoE = -6.58% (Net Income TTM -4.59b / Total Stockholder Equity 69.8b)
RoCE = -9.07% (EBIT -6.96b / Capital Employed (Equity 69.8b + L.T.Debt 6.86b))
RoIC = -6.23% (negative operating profit) (NOPAT -6.11b / Invested Capital 98.2b)
WACC = 4.79% (E(79.4b)/V(117b) * Re(6.80%) + D(37.6b)/V(117b) * Rd(0.60%) * (1-Tc(0.12)))
Discount Rate = 6.80% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.62 | Cagr: -2.51%
[DCF] Fair Price = unknown (Cash Flow -8.98b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.28 | # QB: 0
Revenue Correlation: -21.00 | Revenue CAGR: -3.07% | SUE: 0.03 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.84 | Chg30d=-404.32% | Revisions=-50% | Analysts=3
EPS current Year (2026-12-31): EPS=-3.90 | Chg30d=-7117.59% | Revisions=-12% | GrowthEPS=-273.2% | GrowthRev=-0.0%
EPS next Year (2027-12-31): EPS=3.72 | Chg30d=-51.45% | Revisions=+0% | GrowthEPS=+195.4% | GrowthRev=+26.3%
[Analyst] Revisions Ratio: -31% (up=3, down=7)