(LI) Li Auto - Overview

Sector: Consumer Cyclical | Industry: Auto Manufacturers | Exchange: NASDAQ (USA) | Market Cap: 20.434m USD | Total Return: -34.7% in 12m

Electric SUVs, Hybrid Vehicles, Luxury Minivans, Charging Equipment
Total Rating 27
Safety 63
Buy Signal -0.20
Auto Manufacturers
Industry Rotation: +4.4
Market Cap: 20.4B
Avg Turnover: 45.1M
Risk 3d forecast
Volatility48.9%
VaR 5th Pctl7.86%
VaR vs Median-2.32%
Reward TTM
Sharpe Ratio-1.04
Rel. Str. IBD17.4
Rel. Str. Peer Group45.7
Character TTM
Beta0.583
Beta Downside0.445
Hurst Exponent0.392
Drawdowns 3y
Max DD66.28%
CAGR/Max DD-0.21
CAGR/Mean DD-0.34
EPS (Earnings per Share) EPS (Earnings per Share) of LI over the last years for every Quarter: "2021-03": -0.4, "2021-06": -0.26, "2021-09": -0.02, "2021-12": 0.34, "2022-03": -0.01, "2022-06": -0.64, "2022-09": -1.68, "2022-12": 0.25, "2023-03": 0.9, "2023-06": 2.18, "2023-09": 1.34, "2023-12": 5.32, "2024-03": 0.56, "2024-06": 0.15, "2024-09": 0.3695, "2024-12": 3.79, "2025-03": 0.96, "2025-06": 1.37, "2025-09": -0.36, "2025-12": 0.25, "2026-03": null,
EPS CAGR: 3.77%
EPS Trend: 27.5%
Last SUE: -0.85
Qual. Beats: 0
Revenue Revenue of LI over the last years for every Quarter: 2021-03: 3621.82056, 2021-06: 5045.305503, 2021-09: 7755.290463, 2021-12: 10620.452, 2022-03: 9567.473031, 2022-06: 8848.208203, 2022-09: 9735.109017, 2022-12: 17649.874, 2023-03: 18875.219252, 2023-06: 29561.734615, 2023-09: 34950.95523, 2023-12: 41732.097, 2024-03: 25626.388458, 2024-06: 31640.187972, 2024-09: 43181.224, 2024-12: 44273.672, 2025-03: 25985.557957, 2025-06: 30353.214947, 2025-09: 27404.690999, 2025-12: 28378.261568, 2026-03: 28378.261568,
Rev. CAGR: 36.45%
Rev. Trend: 61.7%
Last SUE: 0.41
Qual. Beats: 0

Warnings

P/E ratio 125.1

High Debt while negative Cash Flow

Tailwinds

Confidence

Description: LI Li Auto

Li Auto Inc. is a Beijing-based automotive manufacturer specializing in the design and production of premium smart electric vehicles (EVs) for the Chinese market. The company’s portfolio primarily consists of multi-purpose vehicles (MPVs) and sport utility vehicles (SUVs), supported by a vertically integrated business model that includes manufacturing equipment production and technology development. Sales are conducted through a hybrid model of online platforms and physical retail locations.

The company operates within China’s rapidly expanding New Energy Vehicle (NEV) sector, which benefits from significant national infrastructure investment and regulatory incentives. Li Auto distinguishes itself by utilizing extended-range electric vehicle (EREV) technology, which employs a small internal combustion engine to charge the battery, effectively mitigating range anxiety in regions with developing charging networks. To evaluate how these technical specifications impact long-term valuation, consider reviewing the detailed metrics on ValueRay.

Headlines to Watch Out For
  • Extended-range electric vehicle delivery volume growth drives quarterly revenue and market share
  • Production scaling and supply chain optimization impact vehicle gross profit margins
  • Expansion of autonomous driving software capabilities influences premium segment competitive positioning
  • Chinese government EV subsidies and local infrastructure investment affect consumer demand trends
  • Intensifying domestic price competition among NEV manufacturers pressures average selling prices
Piotroski VR‑10 (Strict) 3.5
Net Income: 483.4m TTM > 0 and > 6% of Revenue
FCF/TA: -0.10 > 0.02 and ΔFCF/TA -16.52 > 1.0
NWC/Revenue: 45.21% < 20% (prev 40.46%; Δ 4.75% < -1%)
CFO/TA -0.05 > 3% & CFO -7.70b > Net Income 483.4m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.81 > 1.5 & < 3
Outstanding Shares: last quarter (1.04b) vs 12m ago -2.54% < -2%
Gross Margin: 18.06% > 18% (prev 0.21%; Δ 1.79k% > 0.5%)
Asset Turnover: 72.42% > 50% (prev 89.64%; Δ -17.22% > 0%)
Interest Coverage Ratio: 8.56 > 6 (EBITDA TTM -415.1m / Interest Expense TTM 156.5m)
Altman Z'' 2.49
A: 0.34 (Total Current Assets 115.36b - Total Current Liabilities 63.59b) / Total Assets 154.39b
B: 0.07 (Retained Earnings 11.18b / Total Assets 154.39b)
C: 0.01 (EBIT TTM 1.34b / Avg Total Assets 158.12b)
D: 0.00 (Book Value of Equity 1.46m / Total Liabilities 81.21b)
Altman-Z'' Score: 2.49 = A
Beneish M -1.93
DSRI: 2.22 (Receivables 119.9m/68.5m, Revenue 114.51b/145.08b)
GMI: 1.14 (GM 18.06% / 20.51%)
AQI: 1.12 (AQ_t 0.05 / AQ_t-1 0.04)
SGI: 0.79 (Revenue 114.51b / 145.08b)
TATA: 0.05 (NI 483.4m - CFO -7.70b) / TA 154.39b)
Beneish M-Score: -1.93 (Cap -4..+1) = B
What is the price of LI shares? As of May 18, 2026, the stock is trading at USD 18.51 with a total of 5,352,163 shares traded.
Over the past week, the price has changed by +2.83%, over one month by +0.65%, over three months by +0.60% and over the past year by -34.69%.
Is LI a buy, sell or hold? Li Auto has received a consensus analysts rating of 4.29. Therefore, it is recommended to buy LI.
  • StrongBuy: 14
  • Buy: 8
  • Hold: 6
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the LI price?
Analysts Target Price 21.2 14.6%
Li Auto (LI) - Fundamental Data Overview as of 15 May 2026
Market Cap CNY = 139.14b (20.43b USD * 6.8092 USD.CNY)
P/E Trailing = 125.125
P/E Forward = 64.1026
P/S = 0.1819
P/B = 1.7239
P/EG = 0.9924
Revenue TTM = 114.51b CNY
EBIT TTM = 1.34b CNY
EBITDA TTM = -415.1m CNY
Long Term Debt = 3.30b CNY (from longTermDebt, last fiscal year)
Short Term Debt = 7.91b CNY (from shortTermDebt, last quarter)
Debt = 17.83b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -83.48b CNY (recalculated: Debt 17.83b - CCE 101.30b)
Enterprise Value = 55.66b CNY (139.14b + Debt 17.83b - CCE 101.30b)
Interest Coverage Ratio = 8.56 (Ebit TTM 1.34b / Interest Expense TTM 156.5m)
EV/FCF = -3.45x (Enterprise Value 55.66b / FCF TTM -16.11b)
FCF Yield = -28.95% (FCF TTM -16.11b / Enterprise Value 55.66b)
FCF Margin = -14.07% (FCF TTM -16.11b / Revenue TTM 114.51b)
Net Margin = 0.42% (Net Income TTM 483.4m / Revenue TTM 114.51b)
Gross Margin = 18.06% ((Revenue TTM 114.51b - Cost of Revenue TTM 93.83b) / Revenue TTM)
Gross Margin QoQ = 17.83% (prev 17.83%)
Tobins Q-Ratio = 0.36 (Enterprise Value 55.66b / Total Assets 154.39b)
Interest Expense / Debt = 0.21% (Interest Expense 36.9m / Debt 17.83b)
Taxrate = 12.16% (153.4m / 1.26b)
NOPAT = 1.18b (EBIT 1.34b * (1 - 12.16%))
Current Ratio = 1.81 (Total Current Assets 115.36b / Total Current Liabilities 63.59b)
Debt / Equity = 0.25 (Debt 17.83b / totalStockholderEquity, last quarter 72.67b)
 Debt / EBITDA = 201.1 (negative EBITDA) (Net Debt -83.48b / EBITDA -415.1m)
 Debt / FCF = 5.18 (negative FCF - burning cash) (Net Debt -83.48b / FCF TTM -16.11b)
 Total Stockholder Equity = 72.79b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.31% (Net Income 483.4m / Total Assets 154.39b)
RoE = 0.66% (Net Income TTM 483.4m / Total Stockholder Equity 72.79b)
RoCE = 1.76% (EBIT 1.34b / Capital Employed (Equity 72.79b + L.T.Debt 3.30b))
RoIC = 1.44% (NOPAT 1.18b / Invested Capital 81.88b)
WACC = 7.14% (E(139.14b)/V(156.96b) * Re(8.03%) + D(17.83b)/V(156.96b) * Rd(0.21%) * (1-Tc(0.12)))
Discount Rate = 8.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -13.48 | Cagr: -0.95%
 [DCF] Fair Price = unknown (Cash Flow -16.11b)
 EPS Correlation: 27.47 | EPS CAGR: 3.77% | SUE: -0.85 | # QB: 0
Revenue Correlation: 61.73 | Revenue CAGR: 36.45% | SUE: 0.41 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.88 | Chg30d=+23.19% | Revisions=N/A | Analysts=3
EPS current Year (2026-12-31): EPS=1.48 | Chg30d=+18.59% | Revisions=N/A | GrowthEPS=-34.4% | GrowthRev=+14.0%
EPS next Year (2027-12-31): EPS=6.35 | Chg30d=-0.94% | Revisions=N/A | GrowthEPS=+330.1% | GrowthRev=+20.5%