Overview Dividends

(LI) Li Auto - Ratings and Ratios

Exchange: NASDAQ • Country: China • Currency: USD • Type: Common Stock • ISIN: US50202M1027

Electric Vehicle, Suv, Multi-Purpose Vehicle, Smart Car, Premium Car

Automobile Manufacturers
Market Cap in USD: 17,226m

IPO / Inception: 2020-07-30
Return 12m vs S&P 500: -40.7%

EPS (Earnings per Share)

EPS CAGR: -10.27%
EPS Trend: 34.2%

Last SUE: -2.28
Qual. Beats: 0

Revenue

Rev. CAGR: 28.76%
Rev. Trend: 78.9%

Last SUE: 0.03
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	45.4%
Value at Risk 5%th	66.9%
Relative Tail Risk	-10.46%

Reward TTM
Sharpe Ratio	-0.53
Alpha	-40.96
CAGR/Max DD	-0.08

Character TTM
Hurst Exponent	0.537
Beta	0.686
Beta Downside	0.608

Drawdowns 3y
Max DD	65.38%
Mean DD	34.66%
Median DD	39.92%

Description: LI Li Auto December 17, 2025

Li Auto Inc. (NASDAQ: LI) is a Beijing-based Chinese automaker that designs, manufactures, and sells premium smart electric vehicles, primarily multi-purpose and sport-utility models. The firm distributes its cars through both online and offline channels and provides after-sales services, technology development, and manufacturing equipment. Originally incorporated as Leading Ideal Inc., it rebranded to Li Auto in July 2020 after being founded in 2015.

Key recent metrics: Li Auto delivered roughly 95,000 vehicles in 2023, up 30% year-over-year, and posted a Q4 2023 gross margin of about 20%, reflecting improved cost efficiencies in its extended-range EV (EREV) platform. The company benefits from strong Chinese EV subsidies that still favor domestic manufacturers, while facing intense competition from Nio, Xpeng, and BYD. Battery-pack cost declines-averaging a 12% YoY reduction in 2023-are a sector-wide driver that should support Li Auto’s margin expansion if it can maintain its pricing power.

For a deeper dive into Li Auto’s valuation metrics and scenario analysis, you may find ValueRay’s platform useful.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (4.65b TTM) > 0 and > 6% of Revenue (6% = 7.68b TTM)

FCFTA -0.05 (>2.0%) and ΔFCFTA -15.87pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 39.22% (prev 36.42%; Δ 2.80pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.02 (>3.0%) and CFO -3.45b <= Net Income 4.65b (YES >=105%, WARN >=100%)

Net Debt (-33.22b) to EBITDA (5.62b) ratio: -5.92 <= 3.0 (WARN <= 3.5)

Current Ratio 1.80 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (1.01b) change vs 12m ago -5.02% (target <= -2.0% for YES)

Gross Margin 19.42% (prev 21.47%; Δ -2.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 83.15% (prev 91.84%; Δ -8.69pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 31.12 (EBITDA TTM 5.62b / Interest Expense TTM 170.8m) >= 6 (WARN >= 3)

Altman Z'' 3.57

(A) 0.33 = (Total Current Assets 112.75b - Total Current Liabilities 62.54b) / Total Assets 153.12b

(B) 0.07 = Retained Earnings (Balance) 10.92b / Total Assets 153.12b

(D) 0.91 = Book Value of Equity 72.69b / Total Liabilities 79.92b

Total Rating: 3.57 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 52.00

1. Piotroski 3.50pt

2. FCF Yield -19.25%

3. FCF Margin -6.02%

4. Debt/Equity 0.25

5. Debt/Ebitda -5.92

6. ROIC - WACC (= -1.90)%

7. RoE 6.44%

8. Rev. Trend 78.88%

9. EPS Trend 34.17%

What is the price of LI shares?

As of December 28, 2025, the stock is trading at USD 17.44 with a total of 4,927,005 shares traded.
Over the past week, the price has changed by +2.59%, over one month by -5.37%, over three months by -28.41% and over the past year by -31.12%.

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.

Strong Buy: 14
Buy: 8
Hold: 6
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the LI price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	24.5	40.6%
Analysts Target Price	24.5	40.6%
ValueRay Target Price	16.8	-3.7%

LI Fundamental Data Overview December 28, 2025

Market Cap CNY = 120.84b (17.23b USD * 7.0149 USD.CNY)
P/E Trailing = 15.7407
P/E Forward = 15.2207
P/S = 0.1348
P/B = 1.6678
P/EG = 1.9268
Beta = 0.485
Revenue TTM = 128.02b CNY
EBIT TTM = 5.31b CNY
EBITDA TTM = 5.62b CNY
Long Term Debt = 3.14b CNY (from longTermDebt, last quarter)
Short Term Debt = 7.95b CNY (from shortTermDebt, last quarter)
Debt = 17.89b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -33.22b CNY (from netDebt column, last quarter)
Enterprise Value = 40.05b CNY (120.84b + Debt 17.89b - CCE 98.68b)
Interest Coverage Ratio = 31.12 (Ebit TTM 5.31b / Interest Expense TTM 170.8m)
FCF Yield = -19.25% (FCF TTM -7.71b / Enterprise Value 40.05b)
FCF Margin = -6.02% (FCF TTM -7.71b / Revenue TTM 128.02b)
Net Margin = 3.63% (Net Income TTM 4.65b / Revenue TTM 128.02b)
Gross Margin = 19.42% ((Revenue TTM 128.02b - Cost of Revenue TTM 103.15b) / Revenue TTM)
Gross Margin QoQ = 16.33% (prev 20.06%)
Tobins Q-Ratio = 0.26 (Enterprise Value 40.05b / Total Assets 153.12b)
Interest Expense / Debt = 0.18% (Interest Expense 32.7m / Debt 17.89b)
Taxrate = 15.50% (-114.7m / -740.0m)
NOPAT = 4.49b (EBIT 5.31b * (1 - 15.50%))
Current Ratio = 1.80 (Total Current Assets 112.75b / Total Current Liabilities 62.54b)
Debt / Equity = 0.25 (Debt 17.89b / totalStockholderEquity, last quarter 72.69b)
Debt / EBITDA = -5.92 (Net Debt -33.22b / EBITDA 5.62b)
Debt / FCF = 4.31 (negative FCF - burning cash) (Net Debt -33.22b / FCF TTM -7.71b)
Total Stockholder Equity = 72.13b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.03% (Net Income 4.65b / Total Assets 153.12b)
RoE = 6.44% (Net Income TTM 4.65b / Total Stockholder Equity 72.13b)
RoCE = 7.06% (EBIT 5.31b / Capital Employed (Equity 72.13b + L.T.Debt 3.14b))
RoIC = 5.56% (NOPAT 4.49b / Invested Capital 80.75b)
WACC = 7.46% (E(120.84b)/V(138.73b) * Re(8.54%) + D(17.89b)/V(138.73b) * Rd(0.18%) * (1-Tc(0.15)))
Discount Rate = 8.54% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.73%
Fair Price DCF = unknown (Cash Flow -7.71b)
EPS Correlation: 34.17 | EPS CAGR: -10.27% | SUE: -2.28 | # QB: 0
Revenue Correlation: 78.88 | Revenue CAGR: 28.76% | SUE: 0.03 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.15 | Chg30d=-1.054 | Revisions Net=-3 | Analysts=3
EPS next Year (2026-12-31): EPS=6.16 | Chg30d=-2.358 | Revisions Net=-5 | Growth EPS=+192.2% | Growth Revenue=+45.0%

Additional Sources for LI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle