Security
Li Auto Inc. American Depositary Shares · LI
LINASDAQotherCurrentCIK 1791706Updated Oct 14, 2026
Name history
Leading Ideal Inc. · through Jun 5, 2020
LI price & chart
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NASDAQ:LI on TradingView ↗About the company
Li Auto Inc. is a leader in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric vehicles. Its mission is: Be Proactive, Change the World. Through innovations in product, technology, and business model, the Company provides families with safe, convenient, and comfortable products and services. Li Auto is a pioneer in successfully commercializing extended-range electric vehicles in China. While firmly advancing along this technological route, it builds platforms for battery electric vehicles in parallel. The Company leverages technology to create value for users. It concentrates its in-house development efforts on proprietary range extension systems, innovative electric vehicle technologies, and smart vehicle solutions. The Company started volume production in November 2019. It offers high-tech flagship family MPVs, Li L series extended-range electric SUVs, and Li i series battery electric SUVs. The Company will continue to expand its product lineup to target a broader user base.
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 22,064,007,000Source | 22,241,731,000Source | 20,206,970,000Source | 12,546,825,000Source |
| GoodwillUSD | 784,000Source | 751,000Source | 772,000Source | 795,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 170,450,000Source | 125,348,000Source | 121,717,000Source | 120,719,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,106,815,000Source | 9,028,417,000Source | 12,863,425,000Source | 5,578,788,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 17,134,000Source | 18,510,000Source | 20,215,000Source | 7,015,000Source |
| Inventory, NetUSD | 1,251,582,000Source | 1,121,423,000Source | 967,898,000Source | 986,588,000Source |
| Assets, CurrentUSD | 16,485,677,000Source | 17,304,369,000Source | 16,130,591,000Source | 9,712,999,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 739,907,000Source | 709,184,000Source | 598,222,000Source | 245,007,000Source |
| Operating Lease, Right-of-Use AssetUSD | 1,301,184,000Source | 1,140,378,000Source | 836,523,000Source | 513,094,000Source |
| Other Assets, NoncurrentUSD | 250,996,000Source | 299,876,000Source | 394,704,000Source | 351,054,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 11,605,162,000Source | 12,470,878,000Source | 11,675,129,000Source | 5,995,426,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 8,780,079,000Source | 8,237,314,000Source | 8,095,869,000Source | 7,810,318,000Source |
| Retained Earnings (Accumulated Deficit)USD | 1,598,198,000Source | 1,391,936,000Source | 343,906,000Source | -1,278,468,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -117,999,000Source | -23,529,000Source | -31,673,000Source | -28,143,000Source |
| Stockholders' Equity Attributable to ParentUSD | 10,384,416,000Source | 9,709,820,000Source | 8,470,911,000Source | 6,503,901,000Source |
| Liabilities and EquityUSD | 22,064,007,000Source | 22,241,731,000Source | 20,206,970,000Source | 12,546,825,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 9,087,190,000Source | 9,482,538,000Source | 10,245,595,000Source | 3,968,655,000Source |
| Operating Lease, Liability, CurrentUSD | 241,718,000Source | 197,018,000Source | 161,472,000Source | 100,976,000Source |
| Operating Lease, Liability, NoncurrentUSD | 895,019,000Source | 785,793,000Source | 518,030,000Source | 282,197,000Source |
| Deferred Income Tax Liabilities, NetUSD | 98,905,000Source | 118,504,000Source | 28,293,000Source | 11,281,000Source |
| Other Liabilities, NoncurrentUSD | 913,096,000Source | 780,479,000Source | 522,742,000Source | 310,628,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 74,429,000Source | 61,033,000Source | 60,930,000Source | 47,498,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentCNY | 258,166,000Source | 1,130,994,000Source | 600,778,000Source | 498,060,000Source |
| Deferred Tax Liabilities, NetCNY | — | — | — | 3,042,000Source |
| Long-term Debt, Current MaturitiesCNY | — | — | 6,975,399,000Source | 390,750,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 471,780,000Source | 1,116,764,000Source | 246,070,000Source | 1,338,341,000Source |
| Short-term InvestmentsCNY | 6,164,061,000Source | 6,082,161,000Source | 1,677,128,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 162,935,000Source | 1,102,195,000Source | 1,663,280,000Source | -294,662,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 662,808,000Source | 418,926,000Source | 254,229,000Source | 175,992,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 179,856,000Source | 360,432,000Source | 335,031,000Source | 297,681,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -2,017,000Source | -1,124,000Source | 13,394,000Source | -10,470,000Source |
| Increase (Decrease) in InventoriesUSD | 368,786,000Source | 424,563,000Source | 175,769,000Source | 858,346,000Source |
| Deferred Income Tax Expense (Benefit)USD | -132,344,000Source | -6,824,000Source | -254,030,000Source | -18,607,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,231,413,000Source | 2,182,834,000Source | 7,140,033,000Source | 1,070,038,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -100,546,000Source | -5,635,769,000Source | -1,700,000Source | -632,816,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 109,737,000Source | -56,944,000Source | 26,111,000Source | 817,635,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,286,968,000Source | -3,482,736,000Source | 7,170,714,000Source | 1,439,003,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsCNY | — | — | — | 40,418,158,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 20,372,000Source | 13,243,000Source | 5,841,000Source | 12,749,000Source |
| Income Taxes Paid, NetUSD | 209,474,000Source | 88,437,000Source | 8,260,000Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseCNY | 1,257,754,000Source | 2,630,905,000Source | 2,378,689,000Source | 2,053,165,000Source |
| Amortization of Intangible AssetsCNY | 74,403,000Source | 28,940,000Source | 24,297,000Source | 19,074,000Source |
| DepreciationCNY | 4,525,501,000Source | 2,994,826,000Source | 1,758,370,000Source | 1,194,781,000Source |
| Equity Method Investment, Other than Temporary ImpairmentCNY | 0Source | 0Source | 0Source | 0Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountCNY | 0Source | 0Source | 0Source | 7,200,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -12,316,000Source | 3,851,000Source | 18,448,000Source | -8,102,000Source |
| GoodwillUSD | 784,000Source | 751,000Source | 772,000Source | 795,000Source |
| Goodwill, Impairment LossCNY | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)CNY | 0Source | 0Source | 0Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -294,662,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -194,000Source | -585,000Source | -1,342,000Source | -1,515,000Source |
| Income Tax Expense (Benefit)USD | 22,552,000Source | 174,041,000Source | -191,180,000Source | -18,414,000Source |
| InterestExpenseNonoperatingUSD | 24,035,000Source | 25,722,000Source | — | — |
| Inventory Write-downCNY | 151,327,000Source | 129,964,000Source | 129,798,000Source | 592,545,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,143,000Source | 1,767,000Source | 14,788,000Source | -2,919,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 160,792,000Source | 1,100,428,000Source | 1,648,492,000Source | -291,743,000Source |
| Operating ExpensesUSD | 3,075,343,000Source | 3,101,259,000Source | 2,829,600,000Source | 1,804,403,000Source |
| Other Nonoperating Income (Expense)USD | 9,645,000Source | 91,009,000Source | 147,634,000Source | 90,708,000Source |
| Other Operating Income (Expense), NetUSD | 67,728,000Source | 90,921,000Source | 37,213,000Source | — |
| Proceeds from Issuance of Common StockCNY | — | — | 0Source | — |
| Proceeds from Noncontrolling InterestsUSD | 8,580,000Source | 0Source | 0Source | 13,049,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | -4,377,000Source | 31,689,000Source | 35,980,000Source | -1,367,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 16,060,475,000Source | 19,790,932,000Source | 17,444,096,000Source | 6,565,971,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 1,525,055,000Source | 1,675,410,000Source | 1,375,788,000Source | 821,391,000Source |
| Operating Income (Loss)USD | -74,520,000Source | 961,615,000Source | 1,043,237,000Source | -529,906,000Source |
| Other Nonoperating Income (Expense)USD | 9,645,000Source | 91,009,000Source | 147,634,000Source | 90,708,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 185,487,000Source | 1,276,236,000Source | 1,472,100,000Source | -313,076,000Source |
| Income Tax Expense (Benefit)USD | 22,552,000Source | 174,041,000Source | -191,180,000Source | -18,414,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,143,000Source | 1,767,000Source | 14,788,000Source | -2,919,000Source |
| Earnings Per Share, BasicUSD per share | 0.08Source | 0.55Source | 0.84Source | -0.15Source |
| Earnings Per Share, DilutedUSD per share | 0.08Source | 0.52Source | 0.78Source | -0.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,015,070,194Source | 1,993,191,951Source | 1,967,863,759Source | 1,941,230,998Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,142,727,527Source | 2,129,273,430Source | 2,115,376,392Source | 1,941,230,998Source |
| Interest Expense (non-operating)USD | 24,035,000Source | 25,722,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsCNY | 74,403,000Source | 28,940,000Source | 24,297,000Source | 19,074,000Source |
| Current Income Tax Expense (Benefit)CNY | 1,083,199,000Source | 1,320,181,000Source | 446,225,000Source | 1,331,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountCNY | 0Source | 0Source | 0Source | 7,200,000Source |
| Goodwill, Impairment LossCNY | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 3,000,823,000Source | 4,062,874,000Source | 3,872,837,000Source | 1,274,497,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -294,662,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticCNY | 646,374,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | — | -0.15Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | — | -0.15Source |
| Income (Loss) from Equity Method InvestmentsUSD | -194,000Source | -585,000Source | -1,342,000Source | -1,515,000Source |
| Interest ExpenseUSD | — | — | 12,148,000Source | 15,418,000Source |
| Investment Income, NetUSD | 274,397,000Source | 249,334,000Source | 293,377,000Source | 141,540,000Source |
| Marketing and Advertising ExpenseCNY | 1,601,474,000Source | 1,576,325,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 160,792,000Source | 1,100,428,000Source | 1,648,492,000Source | -291,743,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | — | — | — | -291,743,000Source |
| Operating ExpensesUSD | 3,075,343,000Source | 3,101,259,000Source | 2,829,600,000Source | 1,804,403,000Source |
| Other Operating Income (Expense), NetUSD | 67,728,000Source | 90,921,000Source | 37,213,000Source | — |
| Research and Development ExpenseUSD | 1,618,016,000Source | 1,516,770,000Source | 1,491,025,000Source | 983,012,000Source |
Filing attachments
tm2627401d1_ex99-1.htm · 6-K · 2026-10-13
Exhibit 99.1 FF301 Page 1 of 11 v 1.2.1 Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in Securities For the month ended: 30 September 2026 Status: New Submission To : Hong Kong Exchanges and Clearing Limited Name of Issuer: Li Auto Inc. Date Submitted: 07 October 2026 I. Movements in Authorised / Registered Share Capital 1. Class of shares WVR ordinary shares Type of shares A Listed on t…
Read attachment ↗tm2626787d1_ex99-1.htm · 6-K · 2026-10-01
Exhibit 99.1 Li Auto Inc. September 2026 Delivery Update October 1, 2026 BEIJING, China, October 1, 2026 - Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 31,817 vehicles in September 2026. As of September 30, 2026, Li Auto’s cumulative deliveries reached 1,833,651. In September, Li Auto delivered over 10,000 units of the new Li L6 and expanded its BEV lineup with the launches of the new Li M…
Read attachment ↗tm2626195d1_ex99-1.htm · 6-K · 2026-09-28
Exhibit 99.1 FF305 Page 1 of 5 v 1.3.0 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: Li Auto Inc. Date Submitted: 21 September 2026 Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governin…
Read attachment ↗tm2626195d1_ex99-2.htm · 6-K · 2026-09-28
Exhibit 99.2 FF305 Page 1 of 5 v 1.3.0 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: Li Auto Inc. Date Submitted: 22 September 2026 Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governin…
Read attachment ↗tm2625764d1_ex99-1.htm · 6-K · 2026-09-21
EX-99.1 2 tm2625764d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 FF305 Page 1 of 5 v 1.3.0 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: Li Auto Inc. Date Submitted: 14 September 2026 Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is disclosea…
Read attachment ↗tm2625764d1_ex99-2.htm · 6-K · 2026-09-21
EX-99.2 3 tm2625764d1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 FF305 Page 1 of 5 v 1.3.0 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: Li Auto Inc. Date Submitted: 15 September 2026 Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is disclosea…
Read attachment ↗