LI Stock Analysis: Li Auto | NASDAQ
Auto Manufacturers | NASDAQ, USA | Market Cap: 11.789m USD | 12M Return: -48.4% | US50202M1027 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 32.2M
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: -0.14 > 0.02 and ΔFCF/TA -19.80 > 1.0 |
| NWC/Revenue: 42.23% < 20% (prev 36.39%; Δ 5.84% < -1%) |
| CFO/TA -0.10 > 3% & CFO -14.3b > 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: 0.08 (Retained Earnings 11.2b / 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'' = 2.93 = 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: 0.07 (NI -4.59b - CFO -14.3b) / TA 141b) |
| Beneish M = -0.52 (Cap -4..+1) = D |
As of September 07, 2026, the stock is trading at USD 12.37 with a total of 2,728,084 shares traded. Over the past week, the price has changed by +1.14%, over one month by -3.81%, over three months by -15.10% and over the past year by -48.42%.
Current recommended Stop Loss: 11.40 (which is 7.8% or 2.8 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 | 16.4 | 32.7% |
Market Cap CNY = 79.2b (11.8b USD * 6.7186 USD.CNY)
P/E Forward = 144.9275
P/S = 0.1125
P/B = 1.2782
P/EG = 4.4532
Revenue TTM = 104b CNY
EBIT TTM = -6.96b CNY
EBITDA TTM = -2.32b CNY
Long Term Debt = 3.30b CNY (from longTermDebt, last fiscal year)
Short Term Debt = 17.2b CNY (from shortTermDebt, last quarter)
Debt = 37.8b CNY (from shortLongTermDebtTotal, last quarter) + Leases 7.79b
Net Debt = -47.8b CNY (calculated: Debt 37.8b - CCE 85.6b)
Enterprise Value = 31.4b CNY (79.2b + Debt 37.8b - CCE 85.6b)
Interest Coverage Ratio = -30.80 (Ebit TTM -6.96b / Interest Expense TTM 225.9m)
EV/FCF = -1.57x (Enterprise Value 31.4b / FCF TTM -20.0b)
FCF Yield = -63.88% (FCF TTM -20.0b / Enterprise Value 31.4b)
FCF Margin = -19.22% (FCF TTM -20.0b / 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 31.4b / Total Assets 141b)
Interest Expense / Debt = 0.60% (Interest Expense 225.9m / Debt 37.8b)
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 37.8b / totalStockholderEquity, last quarter 66.0b)
Debt / EBITDA = 20.59 (negative EBITDA) (Net Debt -47.8b / EBITDA -2.32b)
Debt / FCF = 2.39 (negative FCF - burning cash) (Net Debt -47.8b / FCF TTM -20.0b)
Total Stockholder Equity = 70.3b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.04% (Net Income -4.59b / Total Assets 141b)
RoE = -6.54% (Net Income TTM -4.59b / Total Stockholder Equity 70.3b)
RoCE = -9.46% (EBIT -6.96b / Capital Employed (Equity 70.3b + L.T.Debt 3.30b))
RoIC = -6.23% (negative operating profit) (NOPAT -6.11b / Invested Capital 98.2b)
WACC = 5.05% (E(79.2b)/V(117b) * Re(7.21%) + D(37.8b)/V(117b) * Rd(0.60%) * (1-Tc(0.12)))
Discount Rate = 7.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.62 | Cagr: -2.51%
[DCF] Fair Price = unknown (Cash Flow -20.0b)
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=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=-2.09 | Chg30d=-699.34% | Revisions=+0% | GrowthEPS=-193.0% | GrowthRev=-0.7%
EPS next Year (2027-12-31): EPS=5.47 | Chg30d=-21.40% | Revisions=+0% | GrowthEPS=+361.7% | GrowthRev=+28.8%
[Analyst] Revisions Ratio: -25% (up=0, down=1)