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Li Auto, Inc. Class A (HK:2015)
:2015

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

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HK

Li Auto, Inc. Class A

(Berlin:2015)

Rating:70Neutral
Price Target:
HK$114.00
▲(9.93%Upside)
Li Auto's strong financial performance is the most significant factor driving the score, highlighting robust growth and profitability. Valuation metrics present moderate growth potential but also underscore risks in the competitive auto industry. Technical analysis indicates short-term bearish momentum, impacting the overall score. Despite these technical challenges, the company's financial health supports a positive long-term outlook.
Positive Factors
Model Competitiveness
The new models feature upgraded AD Max 3.0 systems and the Nvidia Thor chip, enhancing product competitiveness.
Product Pipeline
The robust product pipeline, including the new MEGA HOME model and planned launch of BEV models, is expected to lift the company’s shipment prospects.
Sales Performance
Share price expected to improve with new growth catalyst, as the initial response to its new MEGA HOME model has been quite encouraging, with 11,000 orders placed.
Negative Factors
Guidance and Earnings
1Q25 guidance of 88,000-93,000 deliveries and total revenue of RMB23.4bn-24.7bn were below consensus estimates.
Market Competition
Intense market competition and weaker-than-expected sales of its new models could drag earnings expansion.
Sales Growth
Slowdown in NEV sales growth and a weaker consumption trend may affect Li Auto’s earnings.

Li Auto, Inc. Class A (2015) vs. iShares MSCI Hong Kong ETF (EWH)

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

Company DescriptionLi Auto, Inc. is a Chinese electric vehicle manufacturer specializing in the development, manufacturing, and sale of premium smart electric vehicles. Founded in 2015, the company focuses on the production of extended-range electric vehicles (EREVs), which combine electric propulsion with an internal combustion engine to extend the driving range. Li Auto is committed to offering innovative solutions that reduce carbon emissions and enhance driver experiences through advanced technology integration.
How the Company Makes MoneyLi Auto, Inc. generates revenue primarily through the sale of its electric vehicles, particularly focusing on its extended-range electric models. The company's key revenue streams include direct vehicle sales to consumers, with a significant emphasis on the domestic Chinese market. In addition to vehicle sales, Li Auto may also benefit from government incentives and subsidies for electric vehicle manufacturers in China, which can support both production and consumer adoption. Furthermore, the company could engage in strategic partnerships with suppliers and technology firms to enhance its product offerings and operational efficiencies, contributing to its overall revenue. However, the majority of its earnings are driven by the sales volume of its electric vehicle models.

Li Auto, Inc. Class A Financial Statement Overview

Summary
Li Auto demonstrates strong financial health with robust revenue growth and improved profitability. The balance sheet remains solid with a strong equity base and low leverage, while cash flows are healthy, supporting operational and strategic initiatives. Some past volatility in net income and cash flow should be monitored, but the company's financial trajectory appears positive.
Income Statement
85
Very Positive
Li Auto has demonstrated impressive revenue growth, with a significant increase from 28.4 billion to 144.5 billion over five years. The gross profit margin has remained strong, reflecting effective cost management. However, the net profit margin has shown volatility, influenced by fluctuations in net income over the years. Despite this, the company has managed to transition from net losses to a substantial net income, indicating robust financial recovery and profitability improvements.
Balance Sheet
80
Positive
The balance sheet indicates a strong financial position with a healthy equity ratio, reflecting a solid capital base. The debt-to-equity ratio is low, suggesting limited reliance on debt financing. However, the return on equity has fluctuated due to past losses, though it has shown improvement recently, indicating potential for future profitability.
Cash Flow
78
Positive
Li Auto's cash flow statement highlights strong operating cash flows, supporting its ability to fund operations and growth initiatives. The company has also shown positive free cash flow growth, except for some fluctuations in earlier years. The free cash flow to net income ratio is strong, indicating efficient cash generation relative to net income.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue144.46B123.85B45.29B27.01B9.46B
Gross Profit29.66B27.50B8.79B5.76B1.55B
EBITDA8.82B9.21B-2.05B500.83M199.03M
Net Income8.03B11.70B-2.03B-321.45M-166.03M
Balance Sheet
Total Assets162.35B143.47B86.54B61.85B36.37B
Cash, Cash Equivalents and Short-Term Investments112.81B103.26B56.51B47.52B28.64B
Total Debt16.34B13.55B12.26B7.84B2.11B
Total Liabilities91.03B82.89B41.35B20.78B6.57B
Stockholders Equity70.87B60.14B44.86B41.06B29.80B
Cash Flow
Free Cash Flow8.20B44.19B2.25B4.90B2.46B
Operating Cash Flow15.93B50.69B7.38B8.34B3.14B
Investing Cash Flow-41.14B-12.07M-4.36B-4.26B-18.74B
Financing Cash Flow-415.65M185.38M5.64B16.71B24.71B

Li Auto, Inc. Class A Technical Analysis

Technical Analysis Sentiment
Negative
Last Price103.70
Price Trends
50DMA
107.69
Negative
100DMA
105.33
Negative
200DMA
99.28
Positive
Market Momentum
MACD
-1.16
Positive
RSI
42.17
Neutral
STOCH
19.59
Positive
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 103.7 is below the 20-day moving average (MA) of 109.56, below the 50-day MA of 107.69, and above the 200-day MA of 99.28, indicating a neutral trend. The MACD of -1.16 indicates Positive momentum. The RSI at 42.17 is Neutral, neither overbought nor oversold. The STOCH value of 19.59 is Positive, 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

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
$163.97B7.3224.35%2.03%
70
Neutral
€207.89B25.2212.25%9.84%-30.05%
70
Neutral
$180.01B9.1714.58%2.52%5.32%10.61%
62
Neutral
$16.90B11.24-7.48%2.95%1.60%-23.76%
57
Neutral
HK$131.56B-15.50%49.80%50.02%
53
Neutral
HK$68.75B34.37-0.98%1.46%-18.42%-82.40%
41
Neutral
HK$55.25B-239.29%16.59%13.32%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2015
Li Auto, Inc. Class A
103.70
25.45
32.52%
HK:9866
NIO Inc. Class A
26.60
-9.25
-25.80%
HK:9868
XPeng, Inc. Class A
69.10
39.45
133.05%
HK:2238
Guangzhou Automobile Group Co
2.98
0.39
15.06%
HK:2333
Great Wall Motor Co
13.08
1.16
9.73%
HK:0175
Geely Automobile Holdings
16.26
8.16
100.64%

Li Auto, Inc. Class A Corporate Events

Li Auto Marks 10th Anniversary with Strong Deliveries and Strategic Expansion
Jul 1, 2025

Li Auto Inc. reported delivering 36,279 vehicles in June 2025, bringing its second-quarter deliveries to 111,074 and cumulative deliveries to 1,337,810. Celebrating its 10th anniversary, Li Auto remains the top-selling domestic automotive brand in China’s mid-to-high-end market for two consecutive years. The company plans to expand its product lineup with new battery electric SUVs and is upgrading its sales system to enhance operational efficiency. Li Auto’s strategic investments in products, technology, and brand elevation aim to deepen emotional connections with users through art and sports sponsorships, while expanding its retail and service network across China.

The most recent analyst rating on (HK:2015) stock is a Hold with a HK$100.00 price target. To see the full list of analyst forecasts on Li Auto, Inc. Class A stock, see the HK:2015 Stock Forecast page.

Li Auto Revises Q2 2025 Delivery Outlook Amid Sales System Upgrade
Jun 27, 2025

Li Auto Inc. has revised its second-quarter delivery outlook for 2025, now expecting to deliver approximately 108,000 vehicles, down from the previous estimate of 123,000 to 128,000. This adjustment is attributed to a temporary impact from a sales system upgrade aimed at supporting long-term growth. Despite this short-term revision, the company remains optimistic about its organizational upgrades and its ability to embrace new product cycles effectively, which could strengthen its market position and operational capabilities.

The most recent analyst rating on (HK:2015) stock is a Hold with a HK$100.00 price target. To see the full list of analyst forecasts on Li Auto, Inc. Class A stock, see the HK:2015 Stock Forecast page.

Li Auto Grants RSUs to Boost Employee Retention and Incentives
Jun 15, 2025

Li Auto Inc. announced the grant of 1,975,900 Restricted Share Units (RSUs) to one director and 142 employees under its 2019 Plan, representing approximately 0.09% of the company’s total shares. This move aims to retain and incentivize key personnel by aligning their interests with the company’s growth objectives. The RSUs are subject to performance targets and vesting conditions, ensuring that recipients contribute effectively to the company’s success.

The most recent analyst rating on (HK:2015) stock is a Hold with a HK$100.00 price target. To see the full list of analyst forecasts on Li Auto, Inc. Class A stock, see the HK:2015 Stock Forecast page.

Li Auto Faces Class Action Lawsuit Over SEC Filings
Jun 12, 2025

Li Auto Inc. has announced that it is involved in a class action lawsuit filed in the U.S. District Court for the Eastern District of New York. The lawsuit alleges misstatements and omissions in the company’s filings with the U.S. Securities and Exchange Commission. While the company believes the lawsuit is without merit and intends to defend its position vigorously, it acknowledges that any adverse outcome could materially affect its business and operations. The board of directors does not currently believe the lawsuit will have a material adverse impact on the company, but they are closely monitoring the situation.

The most recent analyst rating on (HK:2015) stock is a Hold with a HK$100.00 price target. To see the full list of analyst forecasts on Li Auto, Inc. Class A stock, see the HK:2015 Stock Forecast page.

Li Auto Achieves Record Deliveries and Expands Model Lineup
Jun 1, 2025

Li Auto Inc. reported a significant milestone with the delivery of 40,856 vehicles in May 2025, marking a 16.7% year-over-year increase. The company has upgraded its model lineup, including the launch of the Li MEGA Home, and is accelerating production due to high demand. The new Li L series offers enhanced features, such as advanced suspension systems and standard all-weather LiDAR for improved safety. Additionally, Li Auto is expanding its infrastructure with the rollout of its 2,500th supercharging station and plans to launch its first battery electric SUV, the Li i8, in July. These developments position Li Auto strongly in the competitive electric vehicle market, enhancing its industry standing and operational capabilities.

The most recent analyst rating on (HK:2015) stock is a Hold with a HK$100.00 price target. To see the full list of analyst forecasts on Li Auto, Inc. Class A stock, see the HK:2015 Stock Forecast page.

Li Auto Inc. Announces Successful AGM Outcomes
May 30, 2025

Li Auto Inc. announced the results of its Annual General Meeting held on May 30, 2025, where all proposed resolutions were approved by shareholders. Key resolutions included the adoption of the company’s audited financial statements for 2024, the re-election of directors, and granting the board authority to issue additional shares. These approvals reflect strong shareholder support and are expected to positively impact the company’s governance and operational flexibility.

The most recent analyst rating on (HK:2015) stock is a Hold with a HK$100.00 price target. To see the full list of analyst forecasts on Li Auto, Inc. Class A stock, see the HK:2015 Stock Forecast page.

Li Auto Releases Q1 2025 Financial Results Amid Industry Challenges
May 29, 2025

Li Auto Inc. announced its unaudited financial results for the first quarter ending March 31, 2025, prepared in accordance with U.S. Generally Accepted Accounting Principles. The announcement highlights potential risks and uncertainties related to their business operations, including the development and delivery of high-quality vehicles, competition, and changes in consumer demand and government policies. Stakeholders are advised to exercise caution when dealing with the company’s securities.

The most recent analyst rating on (HK:2015) stock is a Hold with a HK$100.00 price target. To see the full list of analyst forecasts on Li Auto, Inc. Class A stock, see the HK:2015 Stock Forecast page.

Li Auto Inc. Schedules Board Meeting and Earnings Call for Q1 2025 Results
May 12, 2025

Li Auto Inc. has announced a board meeting scheduled for May 29, 2025, to review and approve the unaudited financial results for the first quarter of 2025. The company will also hold an earnings conference call on the same day, providing stakeholders with insights into its financial performance and strategic direction.

Li Auto Reports Strong April Deliveries and Launches New Models
May 1, 2025

Li Auto Inc. reported a significant year-over-year increase in vehicle deliveries for April 2025, with 33,939 vehicles delivered, marking a 31.6% rise. The company has maintained its position as the sales leader in the SUV market for vehicles priced above RMB200,000 for three consecutive quarters. Li Auto also launched new models at Auto Shanghai 2025, including the Li MEGA Home and Li L6, which have received strong user endorsement. The company continues to expand its retail and service network across China, supporting its growth and market presence.

Li Auto Inc. Announces 2025 Annual General Meeting
Apr 22, 2025

Li Auto Inc. has announced its Annual General Meeting (AGM) scheduled for May 30, 2025, in Beijing. The meeting will address several resolutions, including the adoption of the company’s audited financial statements for 2024, the re-election of directors, and the authorization for the board to manage the issuance of Class A Ordinary Shares. This AGM is a significant event for stakeholders as it will determine key governance and financial strategies that could impact the company’s market positioning and operational capabilities.

Li Auto Inc. Files Annual Report with SEC for Fiscal Year 2024
Apr 10, 2025

Li Auto Inc. has announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2024, with the United States Securities and Exchange Commission. This filing is a regulatory requirement and provides detailed insights into the company’s financial performance and operational highlights over the past year. The announcement underscores Li Auto’s commitment to transparency and adherence to international regulatory standards, which could enhance investor confidence and potentially strengthen its market position.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 03, 2025