LI Stock Analysis: Li Auto | NASDAQ
Auto Manufacturers | NASDAQ, USA | Market Cap: 11.239m USD | 12M Return: -58.6% | 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 6.2 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. is a Chinese manufacturer of premium smart electric vehicles, operating within the Peoples Republic of Chinas new energy vehicle (NEV) market. The companys product lineup focuses on multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs), and it sells through both online and offline channels while also providing after-sales and technology development services. Founded in 2015 and headquartered in Beijing, the company was originally named Leading Ideal Inc. before adopting its current name in July 2020.
Li Auto is part of a competitive group of Chinese new energy vehicle manufacturers that have rapidly expanded the countrys position as the worlds largest market for electric and electrified passenger vehicles. The companys focus on premium, family-oriented SUVs and MPVs targets a higher-margin segment of Chinas domestic auto industry, distinguishing it from competitors that emphasize sedans or mass-market models.
- Monthly delivery growth driven by extended-range SUV demand
- China EV price war pressures per-vehicle gross margins
- Pure BEV launches diversify revenue beyond EREV segment
| 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 October 05, 2026, the stock is trading at USD 10.69 with a total of 3,607,944 shares traded. Over the past week, the price has changed by -7.04%, over one month by -10.99%, over three months by -11.06% and over the past year by -58.61%.
Current recommended Stop Loss: 10.10 (which is 5.5% or 1.5 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 | 15.6 | 46.2% |
Market Cap CNY = 75.4b (11.2b USD * 6.70455 USD.CNY)
P/E Forward = 140.8451
P/S = 0.1072
P/B = 1.1701
P/EG = 4.3155
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 = 27.3b CNY (75.4b + Debt 37.6b - CCE 85.6b)
Interest Coverage Ratio = -30.80 (Ebit TTM -6.96b / Interest Expense TTM 225.9m)
EV/FCF = -3.04x (Enterprise Value 27.3b / FCF TTM -8.98b)
FCF Yield = -32.94% (FCF TTM -8.98b / Enterprise Value 27.3b)
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 = 0.19 (Enterprise Value 27.3b / 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 = 4.88% (E(75.4b)/V(113b) * Re(7.05%) + D(37.6b)/V(113b) * Rd(0.60%) * (1-Tc(0.12)))
Discount Rate = 7.05% (= 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=+25.6%
[Analyst] Revisions Ratio: -31% (up=3, down=7)