Company Analysis
Sign in

Li Auto Inc. (LI)

Nasdaq: LI · Motor Vehicles & Passenger Car Bodies · Beijing, CN · filing with the SEC since 2019
Full chart Alerts Compare
Grade6.0
◀ Past 6.2● Present 6.8▶ Future 4.7
1 est.
OverviewBusinessFinancialsGradeForecastSentimentOwnershipPeopleFilingsPatents Chart

Income statement, as filed

In thousands of Chinese yuan (CNY), as filed; per-share figures in Chinese yuan; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018
Report filedApr 10, 2026Apr 10, 2025Apr 12, 2024Apr 21, 2023Apr 19, 2022Mar 10, 2021··
Revenue112,312,511144,459,946123,851,33245,286,81627,009,7799,456,609284,367·
Cost of revenue91,327,453114,803,80896,354,58136,496,36021,248,3257,907,270284,462·
Gross profit20,985,05829,656,13827,496,7518,790,4565,761,4541,549,339-95·
Research and development11,314,94911,071,35810,586,1296,780,0323,286,3891,099,8571,169,140793,717
Selling, general and administrative10,664,85712,229,3239,767,9555,665,3013,492,3851,118,819689,379337,200
Total operating expenses21,506,17522,637,02420,089,87412,445,3336,778,7742,218,6761,858,5191,130,917
Operating income-521,1177,019,1147,406,877-3,654,877-1,017,320-669,337-1,858,614-1,130,917
Interest expense168,078187,75586,251106,34063,24466,91683,66763,467
Interest and investment income1,918,8831,819,9642,082,948976,229740,432254,916r79,631r68,135
Share of profit of equity-method investments-1,354-4,269-9,527-10,449-83-2,520-162,725-35,826
Other income (expense), net67,447664,3011,048,189625,633187,32020,133r-128,799r-3,077
Income before income taxes1,297,1359,315,62410,451,763-2,159,355-152,812-188,877-2,417,874-1,165,296
Income tax expense157,7071,270,374-1,357,362-127,007168,643-22,847··
Income from continuing operations···-2,032,348-321,455-166,030-2,417,874-1,165,296
Income from discontinued operations·····14,373-20,662-367,022
Net income including non-controlling interests1,139,4288,045,25011,809,125-2,032,348-321,455-151,657-2,438,536-1,532,318
Net income to non-controlling interests14,99012,900104,992-20,1330···
Net income····-321,455-151,657-2,438,536-1,532,318
Net income to common shareholders1,124,4388,032,35011,704,133-2,012,215-321,455-791,985-3,281,607-1,849,638
Earnings per share, basic0.564.035.95-1.04-0.17-0.91-12.87·
Earnings per share, diluted0.543.795.55-1.04-0.17-0.91-12.87·
Earnings per share, basic and diluted·····-0.91-12.87-7.25
Weighted average shares, basic2,015,070,1941,993,191,9511,967,863,7591,941,230,9981,853,320,448870,003,278255,000,000·
Weighted average shares, diluted2,142,727,5272,129,273,4302,115,376,3921,941,230,9981,853,320,448870,003,278255,000,000·
Weighted average shares, basic and diluted·····870,003,278255,000,000255,000,000
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton LI · research, not advice