LI: Li Auto Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Li Auto Inc (LI).

OverviewDividends

$23.94B Market Cap.

As of 05/29/2025 5:00 PM ET (MRY) • Disclaimer

LI Market Cap. (MRY)


LI Shares Outstanding (MRY)


LI Assets (MRY)


Total Assets

$162.35B

Total Liabilities

$91.03B

Total Investments

$47.83B

LI Income (MRY)


Revenue

$144.46B

Net Income

$8.03B

Operating Expense

$22.64B

LI Cash Flow (MRY)


CF Operations

$15.93B

CF Investing

-$41.14B

CF Financing

-$415.65M

LI Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$162,349,078,000 (13.16%)

$143,467,471,000 (65.79%)

$86,537,951,000 (39.92%)

$61,848,913,000 (70.04%)

Assets Current

$126,309,782,000 (10.29%)

$114,525,584,000 (70.95%)

$66,992,487,000 (27.90%)

$52,380,414,000 (66.86%)

Assets Non-Current

$36,039,296,000 (24.52%)

$28,941,887,000 (48.07%)

$19,545,464,000 (106.43%)

$9,468,499,000 (90.05%)

Goodwill & Intangible Assets

$920,435,000 (5.84%)

$869,664,000 (3.77%)

$838,104,000 (11.53%)

$751,460,000 (9.98%)

Shareholders Equity

$70,874,884,000 (17.84%)

$60,142,624,000 (34.07%)

$44,858,701,000 (9.24%)

$41,064,302,000 (37.78%)

Property Plant & Equipment Net

$29,464,896,000 (35.88%)

$21,684,248,000 (47.24%)

$14,726,809,000 (124.50%)

$6,559,761,000 (74.66%)

Cash & Equivalents

$65,907,972,000 (-27.83%)

$91,329,509,000 (125.96%)

$40,418,158,000 (32.55%)

$30,493,064,000 (199.76%)

Accumulated Other Comprehensive Income

$0 (0%)

-$224,876,000 (-15.85%)

-$194,110,000 (87.25%)

-$1,521,871,000 (-51.40%)

Deferred Revenue

$2,117,020,000 (-9.44%)

$2,337,761,000 (103.14%)

$1,150,832,000 (65.65%)

$694,745,000 (70.63%)

Total Investments

$47,827,445,000 (253.53%)

$13,528,631,000 (-30.68%)

$19,515,886,000 (-1.56%)

$19,824,545,000 (-0.20%)

Investments Current

$46,904,548,000 (293.06%)

$11,933,255,000 (-33.82%)

$18,031,395,000 (-8.32%)

$19,668,239,000 (-0.17%)

Investments Non-Current

$922,897,000 (-42.15%)

$1,595,376,000 (7.47%)

$1,484,491,000 (849.73%)

$156,306,000 (-4.02%)

Inventory

$8,185,604,000 (19.12%)

$6,871,979,000 (0.99%)

$6,804,693,000 (320.59%)

$1,617,890,000 (54.38%)

Trade & Non-Trade Receivables

$135,112,000 (-5.86%)

$143,523,000 (196.65%)

$48,381,000 (-59.86%)

$120,541,000 (4.32%)

Trade & Non-Trade Payables

$53,596,194,000 (3.33%)

$51,870,097,000 (159.04%)

$20,024,329,000 (113.57%)

$9,376,050,000 (196.66%)

Accumulated Retained Earnings (Deficit)

$10,160,161,000 (316.11%)

$2,441,698,000 (127.69%)

-$8,817,850,000 (-29.57%)

-$6,805,635,000 (-4.99%)

Tax Assets

$2,542,180,000 (27.73%)

$1,990,245,000 (2561.93%)

$74,767,000 (275.79%)

$19,896,000 (-66.37%)

Tax Liabilities

$864,999,000 (330.61%)

$200,877,000 (158.17%)

$77,809,000 (-49.38%)

$153,723,000 (323.37%)

Total Debt

$16,344,719,000 (20.65%)

$13,546,867,000 (10.46%)

$12,264,378,000 (56.41%)

$7,841,011,000 (270.86%)

Debt Current

$1,814,399,000 (-77.66%)

$8,121,836,000 (647.04%)

$1,087,204,000 (113.06%)

$510,287,000 (142.38%)

Debt Non-Current

$14,530,320,000 (167.84%)

$5,425,031,000 (-51.46%)

$11,177,174,000 (52.47%)

$7,330,724,000 (285.06%)

Total Liabilities

$91,028,696,000 (9.82%)

$82,892,249,000 (100.46%)

$41,351,644,000 (98.95%)

$20,784,611,000 (216.37%)

Liabilities Current

$69,215,896,000 (-4.85%)

$72,742,709,000 (165.75%)

$27,372,601,000 (126.07%)

$12,108,252,000 (180.98%)

Liabilities Non-Current

$21,812,800,000 (114.91%)

$10,149,540,000 (-27.39%)

$13,979,043,000 (61.12%)

$8,676,359,000 (283.83%)

LI Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$144,459,946,000 (16.64%)

$123,851,332,000 (173.48%)

$45,286,816,000 (67.67%)

$27,009,779,000 (185.62%)

Cost of Revenue

$114,803,808,000 (19.15%)

$96,354,581,000 (164.01%)

$36,496,360,000 (71.76%)

$21,248,325,000 (168.72%)

Selling General & Administrative Expense

$12,229,323,000 (25.20%)

$9,767,955,000 (72.42%)

$5,665,301,000 (62.22%)

$3,492,385,000 (212.15%)

Research & Development Expense

$11,071,358,000 (4.58%)

$10,586,129,000 (56.14%)

$6,780,032,000 (106.31%)

$3,286,389,000 (198.80%)

Operating Expenses

$22,637,024,000 (12.68%)

$20,089,874,000 (61.42%)

$12,445,333,000 (83.59%)

$6,778,774,000 (205.53%)

Interest Expense

$187,755,000 (117.68%)

$86,251,000 (-18.89%)

$106,340,000 (68.14%)

$63,244,000 (-5.49%)

Income Tax Expense

$1,270,374,000 (193.59%)

-$1,357,362,000 (-968.73%)

-$127,007,000 (-175.31%)

$168,643,000 (838.14%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$8,045,250,000 (-31.87%)

$11,809,125,000 (681.06%)

-$2,032,348,000 (-532.23%)

-$321,455,000 (-111.96%)

Net Income to Non-Controlling Interests

$12,900,000 (-87.71%)

$104,992,000 (621.49%)

-$20,133,000 (0%)

$0 (0%)

Net Income

$8,032,350,000 (-31.37%)

$11,704,133,000 (681.65%)

-$2,012,215,000 (-525.97%)

-$321,455,000 (-111.96%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$8,032,350,000 (-31.37%)

$11,704,133,000 (681.65%)

-$2,012,215,000 (-525.97%)

-$321,455,000 (59.41%)

Weighted Average Shares

$1,993,191,951 (1.29%)

$1,967,863,759 (1.37%)

$1,941,230,998 (4.74%)

$1,853,320,448 (113.02%)

Weighted Average Shares Diluted

$2,129,273,430 (0.66%)

$2,115,376,392 (8.97%)

$1,941,230,998 (4.74%)

$1,853,320,448 (113.02%)

Earning Before Interest & Taxes (EBIT)

$9,490,479,000 (-9.03%)

$10,433,022,000 (613.21%)

-$2,032,882,000 (-2169.65%)

-$89,568,000 (16.75%)

Gross Profit

$29,656,138,000 (7.85%)

$27,496,751,000 (212.80%)

$8,790,456,000 (52.57%)

$5,761,454,000 (271.87%)

Operating Income

$7,019,114,000 (-5.24%)

$7,406,877,000 (302.66%)

-$3,654,877,000 (-259.27%)

-$1,017,320,000 (-51.99%)

LI Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$41,137,169,000 (-340778.10%)

-$12,068,000 (99.72%)

-$4,364,661,000 (-2.52%)

-$4,257,244,000 (77.28%)

Net Cash Flow from Financing

-$415,648,000 (-324.21%)

$185,385,000 (-96.71%)

$5,639,392,000 (-66.25%)

$16,709,533,000 (-32.38%)

Net Cash Flow from Operations

$15,933,160,000 (-68.57%)

$50,693,521,000 (586.88%)

$7,380,266,000 (-11.51%)

$8,340,385,000 (165.63%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$25,421,537,000 (-149.93%)

$50,911,351,000 (412.96%)

$9,925,094,000 (-51.16%)

$20,320,545,000 (132.60%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$2,094,000 (100.33%)

-$630,698,000 (-1421.66%)

Net Cash Flow - Investment Acquisitions and Disposals

-$34,377,369,000 (-653.48%)

$6,211,122,000 (720.91%)

$756,616,000 (515.70%)

-$182,011,000 (98.99%)

Capital Expenditure

-$6,759,800,000 (-8.62%)

-$6,223,190,000 (-21.47%)

-$5,123,371,000 (-48.74%)

-$3,444,535,000 (-410.56%)

Issuance (Repayment) of Debt Securities

-$430,306,000 (57.01%)

-$1,000,887,000 (-132.49%)

$3,080,364,000 (-45.99%)

$5,703,546,000 (4041.64%)

Issuance (Purchase) of Equity Shares

$14,658,000 (-98.76%)

$1,186,272,000 (-51.95%)

$2,469,028,000 (-77.57%)

$11,005,987,000 (-47.65%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$198,120,000 (345.08%)

$44,513,000 (-96.50%)

$1,270,097,000 (369.01%)

-$472,129,000 (-25.35%)

Share Based Compensation

$2,630,905,000 (10.60%)

$2,378,689,000 (15.85%)

$2,053,165,000 (86.42%)

$1,101,356,000 (671.28%)

Depreciation Amortization & Accretion

$3,057,865,000 (69.41%)

$1,805,001,000 (48.70%)

$1,213,855,000 (105.60%)

$590,397,000 (83.93%)

LI Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

20.50% (-7.66%)

22.20% (14.43%)

19.40% (-8.92%)

21.30% (29.88%)

Profit Margin

5.60% (-41.05%)

9.50% (315.91%)

-4.40% (-266.67%)

-1.20% (85.71%)

EBITDA Margin

8.70% (-12.12%)

9.90% (650.00%)

-1.80% (-194.74%)

1.90% (-17.39%)

Return on Average Equity (ROAE)

12.30% (-45.09%)

22.40% (576.60%)

-4.70% (-422.22%)

-0.90% (89.16%)

Return on Average Assets (ROAA)

5.30% (-48.04%)

10.20% (492.31%)

-2.60% (-333.33%)

-0.60% (84.62%)

Return on Sales (ROS)

6.60% (-21.43%)

8.40% (286.67%)

-4.50% (-1400.00%)

-0.30% (72.73%)

Return on Invested Capital (ROIC)

43.90% (-77.28%)

193.20% (2746.58%)

-7.30% (-2333.33%)

-0.30% (62.50%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

21.73 (-2.57%)

22.3 (132.62%)

-68.36 (88.69%)

-604.24 (-483.25%)

Price to Sales Ratio (P/S)

1.21 (-42.69%)

2.11 (-30.82%)

3.05 (-56.77%)

7.05 (-18.74%)

Price to Book Ratio (P/B)

2.47 (-43.31%)

4.35 (40.73%)

3.09 (-33.81%)

4.67 (-12.69%)

Debt to Equity Ratio (D/E)

1.28 (-6.82%)

1.38 (49.46%)

0.92 (82.21%)

0.51 (130.00%)

Earnings Per Share (EPS)

8.06 (-32.27%)

11.9 (672.12%)

-2.08 (-511.76%)

-0.34 (81.32%)

Sales Per Share (SPS)

19.86 (11.85%)

17.75 (165.22%)

6.69 (46.99%)

4.55 (37.00%)

Free Cash Flow Per Share (FCFPS)

9.21 (-79.63%)

45.2 (1843.96%)

2.33 (-55.99%)

5.28 (-6.78%)

Book Value Per Share (BVPS)

71.12 (16.35%)

61.13 (32.26%)

46.22 (4.29%)

44.31 (-35.32%)

Tangible Assets Book Value Per Share (TABVPS)

161.98 (11.77%)

144.93 (64.14%)

88.29 (33.91%)

65.93 (-19.64%)

Enterprise Value Over EBIT (EV/EBIT)

12 (-36.84%)

19 (135.19%)

-54 (97.09%)

-1,853 (-28.77%)

Enterprise Value Over EBITDA (EV/EBITDA)

8.87 (-46.09%)

16.45 (112.19%)

-134.91 (-140.71%)

331.4 (-54.31%)

Asset Turnover

0.94 (-12.19%)

1.07 (80.37%)

0.6 (12.24%)

0.53 (13.70%)

Current Ratio

1.82 (15.95%)

1.57 (-35.68%)

2.45 (-43.44%)

4.33 (-40.62%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$9,173,360,000 (-79.37%)

$44,470,331,000 (1870.42%)

$2,256,895,000 (-53.90%)

$4,895,850,000 (98.60%)

Enterprise Value (EV)

$15,246,211,872 (-46.31%)

$28,397,568,579 (79.13%)

$15,852,894,815 (-38.87%)

$25,933,371,391 (9.58%)

Earnings Before Tax (EBT)

$9,302,724,000 (-10.09%)

$10,346,771,000 (583.67%)

-$2,139,222,000 (-1299.90%)

-$152,812,000 (12.43%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$12,548,344,000 (2.54%)

$12,238,023,000 (1594.21%)

-$819,027,000 (-263.53%)

$500,829,000 (134.68%)

Invested Capital

$42,649,494,000 (637.99%)

-$7,927,544,000 (-126.27%)

$30,173,466,000 (14.57%)

$26,337,148,000 (12.93%)

Working Capital

$57,093,886,000 (36.64%)

$41,782,875,000 (5.46%)

$39,619,886,000 (-1.62%)

$40,272,162,000 (48.71%)

Tangible Asset Value

$161,428,643,000 (13.21%)

$142,597,807,000 (66.39%)

$85,699,847,000 (40.27%)

$61,097,453,000 (71.19%)

Market Capitalization

$23,940,451,198 (-35.12%)

$36,899,221,995 (85.51%)

$19,890,540,937 (-33.62%)

$29,965,598,422 (22.93%)

Average Equity

$65,429,082,750 (25.25%)

$52,237,202,750 (21.11%)

$43,132,147,250 (22.44%)

$35,226,382,000 (271.14%)

Average Assets

$152,984,951,750 (32.82%)

$115,184,861,750 (51.53%)

$76,012,387,000 (49.58%)

$50,818,250,750 (150.73%)

Invested Capital Average

$21,617,894,500 (300.29%)

$5,400,499,750 (-80.55%)

$27,766,487,750 (5.34%)

$26,358,326,500 (101.88%)

Shares

1,995,869,212 (1.23%)

1,971,638,899 (1.11%)

1,950,053,033 (4.45%)

1,867,015,478 (10.41%)