Li Auto, Inc. Class A (2015) AI Stock Analysis

• Market Cap: €156.95B
• Dividend Yield: N/A
• Average Volume (3M): 16.61M
• Price to Earnings (P/E): 19.0
• Beta (1Y): 1.31
• Revenue Growth: -9.85%
• EPS Growth: -54.87%
• Country: HK
• Employees: 32,248
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): -0.20
• Shares Outstanding: 1,785,070,200
• 10 Day Avg. Volume: 14,626,907
• 30 Day Avg. Volume: 16,610,116
• PEG Ratio: -0.67
• Price to Book (P/B): 2.49
• Price to Sales (P/S): 1.22
• P/FCF Ratio: 21.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €90.85
• Price Target Upside: 29.97% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 18
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: HK$72.00 ▲(3.00% Upside)

Li Auto's stock score is primarily influenced by its solid financial performance, despite recent challenges in revenue and cash flow growth. The technical analysis indicates bearish momentum, which is a significant concern. The valuation is reasonable, but the lack of a dividend yield may limit its attractiveness to certain investors.

Positive Factors

Business Model Strength

Li Auto's focus on innovative hybrid electric vehicles and direct sales model supports its position in the growing EV market, ensuring sustainable revenue streams.

Competitive Advantage

Advanced features in Li ONE, like autonomous driving, provide a competitive edge in the EV market, appealing to tech-savvy consumers and enhancing market position.

Balance Sheet Health

A low debt-to-equity ratio indicates financial prudence, providing Li Auto with flexibility for future investments and resilience against economic fluctuations.

Negative Factors

Revenue Growth Challenges

Negative revenue growth suggests potential market saturation or competitive pressures, which could hinder Li Auto's ability to scale and sustain profitability.

Cash Flow Concerns

Negative free cash flow growth may limit Li Auto's capacity to fund new projects or expand operations, impacting long-term strategic initiatives.

Profit Margin Pressure

Decreasing net profit margins indicate rising costs or inefficiencies, which could erode profitability and challenge Li Auto's competitive positioning.

Li Auto, Inc. Class A Business Overview & Revenue Model

Company Description

Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, China.

How the Company Makes Money

Li Auto generates revenue primarily through the sale of its electric vehicles, particularly the Li ONE model, which has gained substantial market traction in China. The company's revenue model is centered on direct vehicle sales, which contribute the majority of its income. Additionally, Li Auto benefits from after-sales services, including maintenance, software updates, and extended warranties, which provide ongoing revenue streams. The company also explores partnerships with technology firms to enhance its vehicle's software capabilities and user experience, potentially leading to additional revenue through innovative features and services. Furthermore, Li Auto's strategic focus on expanding its production capacity and sales network positions it to capture a larger share of the growing electric vehicle market in China, contributing to its overall earnings.

Li Auto, Inc. Class A Financial Statement Overview

Summary

Li Auto demonstrates strong operational efficiency and a solid financial foundation, with consistent gross profit margins and a balanced debt-to-equity ratio. However, recent declines in revenue growth and free cash flow growth pose challenges. The company needs to address these issues to maintain its competitive edge and ensure long-term profitability.

Income Statement

Li Auto has shown a strong gross profit margin of around 20% consistently, indicating efficient production and sales processes. However, the net profit margin has decreased to 5.64% in the TTM, reflecting challenges in controlling costs or increasing expenses. The revenue growth rate has turned negative in the TTM, which is a concern for future profitability. Despite these challenges, the company maintains a healthy EBIT and EBITDA margin, showing operational efficiency.

Balance Sheet

The company has a manageable debt-to-equity ratio of approximately 0.23, indicating a balanced approach to leveraging. The return on equity has decreased slightly but remains positive at 11.44%, showing that the company is generating returns for its shareholders. The equity ratio is stable, suggesting a solid financial foundation.

Cash Flow

Li Auto's free cash flow growth rate has been negative recently, which could impact future investments and expansions. The operating cash flow to net income ratio is relatively low, indicating potential inefficiencies in converting income into cash. However, the free cash flow to net income ratio is reasonable, suggesting that the company is still generating cash relative to its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	143.32B	144.46B	123.85B	45.29B	27.01B	9.46B
Gross Profit	29.58B	29.66B	27.50B	8.79B	5.76B	1.55B
EBITDA	12.21B	10.08B	9.21B	-839.16M	500.83M	199.03M
Net Income	8.08B	8.03B	11.70B	-2.01B	-321.45M	-151.66M
Balance Sheet
Total Assets	161.29B	162.35B	143.47B	86.54B	61.85B	36.37B
Cash, Cash Equivalents and Short-Term Investments	106.92B	112.81B	103.26B	56.51B	47.52B	28.64B
Total Debt	16.92B	16.34B	13.55B	12.26B	7.84B	2.11B
Total Liabilities	87.66B	91.03B	82.89B	41.35B	20.78B	6.57B
Stockholders Equity	73.12B	70.87B	60.14B	44.86B	41.06B	29.80B
Cash Flow
Free Cash Flow	8.74B	8.20B	44.19B	2.25B	4.90B	2.46B
Operating Cash Flow	14.97B	15.93B	50.69B	7.38B	8.34B	3.14B
Investing Cash Flow	-45.39B	-41.14B	-12.07M	-4.36B	-4.26B	-18.74B
Financing Cash Flow	-504.79M	-415.65M	185.38M	5.64B	16.71B	24.71B

Li Auto, Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 69.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2015, the sentiment is Negative. The current price of 69.9 is below the 20-day moving average (MA) of 73.13, below the 50-day MA of 82.62, and below the 200-day MA of 98.73, indicating a bearish trend. The MACD of -3.53 indicates Negative momentum. The RSI at 32.01 is Neutral, neither overbought nor oversold. The STOCH value of 36.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2015.

Li Auto, Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2333	73 Outperform	$187.42B	10.89	13.04%	3.34%	7.93%	-12.94%
0175	72 Outperform	$175.77B	9.72	17.60%	1.90%	―	―
2238	64 Neutral	$71.31B	-9.34	-3.15%	1.37%	-8.79%	-212.16%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
2015	59 Neutral	€156.95B	18.96	7.02%	―	-9.85%	-54.87%
9868	53 Neutral	HK$169.45B	-36.42	-9.03%	―	86.21%	51.50%
9866	39 Underperform	HK$117.89B	-4.52	-294.93%	―	13.15%	3.96%

Li Auto, Inc. Class A Corporate Events

Li Auto Reports Strong November Deliveries and Future Growth Plans

Li Auto Inc. announced the delivery of 33,181 vehicles in November 2025, bringing its cumulative deliveries to nearly 1.5 million. The company plans to enhance its production capacity and technological innovations, with expectations to produce 20,000 units of the Li i6 model monthly by early next year. Li Auto’s strategic focus on organizational structure, product portfolio, and technological advancement aims to strengthen its market position and drive the transformation of its vehicles into intelligent systems. The company also boasts an extensive network of retail stores, service centers, and charging stations across China, highlighting its commitment to expanding its market presence and improving customer accessibility.

Li Auto Reports Q3 2025 Financial Results

Li Auto Inc. announced its unaudited financial results for the quarter ended September 30, 2025, prepared in accordance with U.S. Generally Accepted Accounting Principles. The announcement highlights the company’s strategic focus on developing high-quality electric vehicles and addresses various risks and uncertainties that could impact its operations and market position.

Li Auto Inc. Schedules Board Meeting and Earnings Call for Q3 2025 Results

Li Auto Inc. has announced a board meeting scheduled for November 26, 2025, to review and approve the unaudited financial results for the quarter ending September 30, 2025. The company will also host an earnings conference call on the same day, providing an opportunity for stakeholders to gain insights into the company’s financial performance and strategic direction.

Li Auto Expands Global Footprint with Record Deliveries

Li Auto Inc. reported delivering 31,767 vehicles in October 2025, bringing its cumulative deliveries to 1,462,788. The company is expanding globally, opening its first overseas retail store in Uzbekistan and planning further expansion in Central Asia, the Middle East, Europe, and Asia-Pacific. Li Auto’s strategic moves are expected to strengthen its market position and broaden its customer base.

Li Auto Strengthens Market Position with Robust September Deliveries and New SUV Launch

Li Auto Inc. reported delivering 33,951 vehicles in September 2025, bringing its third-quarter deliveries to 93,211 and cumulative deliveries to over 1.4 million. The company maintains its leading position in the RMB200,000 and above SUV market in China and recently launched the Li i6, a five-seat battery electric SUV. With a robust network of retail stores, service centers, and supercharging stations, Li Auto continues to strengthen its market presence, which is likely to enhance its competitive positioning and stakeholder value.