LI Stock Analysis: Li Auto | NASDAQ
Auto Manufacturers | NASDAQ, USA | Market Cap: 12.438m USD | 12M Return: -54.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 51.9M
EPS Trend: -55.5%
Qual. Beats: 1
Rev. Trend: 37.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.9 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: -1.80b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.11 > 0.02 and ΔFCF/TA -17.27 > 1.0 |
| NWC/Revenue: 45.17% < 20% (prev 40.46%; Δ 4.72% < -1%) |
| CFO/TA -0.05 > 3% & CFO -7.70b > Net Income -1.80b |
| Current Ratio: 1.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.01b) vs 12m ago -5.17% < -2% |
| Gross Margin: 15.99% > 18% (prev 20.51%; Δ -4.53% > 0.5%) |
| Asset Turnover: 71.26% > 50% (prev 89.64%; Δ -18.38% > 0%) |
| Interest Coverage Ratio: -26.29 > 6 (EBIT TTM -4.21b / Interest Expense TTM 160.0m) |
| A: 0.34 (Total Current Assets 105b - Total Current Liabilities 56.0b) / Total Assets 144b |
| B: 0.08 (Retained Earnings 11.2b / Total Assets 144b) |
| C: -0.03 (EBIT TTM -4.21b / Avg Total Assets 153b) |
| D: 0.95 (Book Value of Equity 69.8b / Total Liabilities 73.7b) |
| Altman-Z'' = 3.31 = A |
| DSRI: 2.50 (Receivables 128.5m/68.5m, Revenue 109b/145b) |
| GMI: 1.28 (GM 20.51% / 15.99%) |
| AQI: 1.44 (AQ_t 0.06 / AQ_t-1 0.04) |
| SGI: 0.75 (Revenue 109b / 145b) |
| TATA: 0.04 (NI -1.80b - CFO -7.70b) / TA 144b) |
| Beneish M = -1.45 (Cap -4..+1) = D |
As of July 02, 2026, the stock is trading at USD 12.23 with a total of 5,165,201 shares traded. Over the past week, the price has changed by -1.29%, over one month by -15.89%, over three months by -33.46% and over the past year by -54.42%.
Current recommended Stop Loss: 11.60 (which is 5.2% 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 | 18.5 | 51% |
Market Cap CNY = 84.4b (12.4b USD * 6.7855 USD.CNY)
P/E Forward = 53.1915
P/S = 0.1137
P/B = 1.2026
P/EG = 0.8249
Revenue TTM = 109b CNY
EBIT TTM = -4.21b CNY
EBITDA TTM = 428.8m CNY
Long Term Debt = 3.79b CNY (from longTermDebt, last quarter)
Short Term Debt = 7.71b CNY (from shortTermDebt, last quarter)
Debt = 25.5b CNY (from shortLongTermDebtTotal, last quarter) + Leases 7.79b
Net Debt = -67.4b CNY (calculated: Debt 25.5b - CCE 92.8b)
Enterprise Value = 17.0b CNY (84.4b + Debt 25.5b - CCE 92.8b)
Interest Coverage Ratio = -26.29 (Ebit TTM -4.21b / Interest Expense TTM 160.0m)
EV/FCF = -1.06x (Enterprise Value 17.0b / FCF TTM -16.1b)
FCF Yield = -94.52% (FCF TTM -16.1b / Enterprise Value 17.0b)
FCF Margin = -14.79% (FCF TTM -16.1b / Revenue TTM 109b)
Net Margin = -1.65% (Net Income TTM -1.80b / Revenue TTM 109b)
Gross Margin = 15.99% ((Revenue TTM 109b - Cost of Revenue TTM 91.6b) / Revenue TTM)
Gross Margin QoQ = 7.87% (prev 17.83%)
Tobins Q-Ratio = 0.12 (Enterprise Value 17.0b / Total Assets 144b)
Interest Expense / Debt = 0.63% (Interest Expense 160.0m / Debt 25.5b)
Taxrate = 12.16% (153.4m / 1.26b)
NOPAT = -3.69b (EBIT -4.21b * (1 - 12.16%)) [loss with tax shield]
Current Ratio = 1.88 (Total Current Assets 105b / Total Current Liabilities 56.0b)
Debt / Equity = 0.36 (Debt 25.5b / totalStockholderEquity, last quarter 69.8b)
Debt / EBITDA = -157.1 (out of range, set to none) (Net Debt -67.4b / EBITDA 428.8m)
Debt / FCF = 4.18 (negative FCF - burning cash) (Net Debt -67.4b / FCF TTM -16.1b)
Total Stockholder Equity = 72.1b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.18% (Net Income -1.80b / Total Assets 144b)
RoE = -2.50% (Net Income TTM -1.80b / Total Stockholder Equity 72.1b)
RoCE = -5.54% (EBIT -4.21b / Capital Employed (Equity 72.1b + L.T.Debt 3.79b))
RoIC = -4.09% (negative operating profit) (NOPAT -3.69b / Invested Capital 90.3b)
WACC = 6.54% (E(84.4b)/V(110b) * Re(8.34%) + D(25.5b)/V(110b) * Rd(0.63%) * (1-Tc(0.12)))
Discount Rate = 8.34% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -15.56 | Cagr: -2.15%
[DCF] Fair Price = unknown (Cash Flow -16.1b)
EPS Correlation: -55.50 | EPS CAGR: -57.48% | SUE: 2.04 | # QB: 1
Revenue Correlation: 37.78 | Revenue CAGR: 8.42% | SUE: 0.06 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.28 | Chg30d=-60.50% | Revisions=-33% | Analysts=3
EPS current Year (2026-12-31): EPS=0.35 | Chg30d=-83.23% | Revisions=-14% | GrowthEPS=-84.5% | GrowthRev=+7.7%
EPS next Year (2027-12-31): EPS=6.96 | Chg30d=+5.03% | Revisions=-20% | GrowthEPS=+1895.4% | GrowthRev=+24.3%
[Analyst] Revisions Ratio: -33%