Li Auto revenue and financials
$10.89Change from previous close: +0.37%Absolute change: +$0.04
In the fiscal year ended December 2025, Li Auto reported revenue of ¥112.31B (+467.49% year over year). Net income was ¥162.94M, a net margin of 0.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +467.49%
- 2025 vs 2024
- Net income growth
- −85.22%
- 2025 vs 2024
- Net margin
- 0.1%
- 2024: 5.6%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 140,680 | 144,566 | 154,296 | 153,116 | 161,286 | 161,855 | 162,349 | 154,821 | 145,110 | 149,660 | 143,467 | 120,136 |
| Current assets | 98,470 | 105,605 | 115,286 | 112,746 | 123,537 | 126,175 | 126,310 | 119,750 | 109,808 | 115,655 | 114,526 | 97,735 |
| Cash and equivalents | 40,118 | 42,816 | 56,692 | 51,108 | 49,790 | 53,233 | 65,901 | 77,588 | 80,784 | 85,125 | 91,329 | 72,993 |
| Short-term investments | 45,474 | 50,290 | 44,331 | 47,570 | 57,128 | 57,445 | 46,905 | 28,949 | 16,463 | 13,764 | 11,933 | 14,428 |
| Receivables | 207 | 129 | 120 | 101 | 85.7 | 68.5 | 135 | 220 | 158 | 77.3 | 144 | 86.8 |
| Inventory | 8,334 | 7,034 | 8,752 | 8,225 | 11,732 | 10,093 | 8,186 | 8,182 | 8,308 | 12,159 | 6,872 | 6,027 |
| Net property, plant and equipment | 30,784 | 30,396 | 31,874 | 33,456 | 31,132 | 29,019 | 29,465 | 28,617 | 28,292 | 27,218 | 21,684 | 18,090 |
| Goodwill | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 |
| Other intangible assets | 1,166 | 1,172 | 1,192 | 938 | 934 | 929 | 915 | 910 | 892 | 881 | 864 | 842 |
| Long-term investments | 2,977 | 2,013 | 849 | 833 | 828 | 822 | 923 | 1,030 | 1,492 | 1,546 | 1,595 | 1,141 |
| Current liabilities | 54,478 | 56,190 | 63,548 | 62,539 | 71,212 | 67,477 | 69,216 | 67,962 | 62,459 | 75,601 | 72,743 | 57,748 |
| Accounts payable | 39,209 | 35,976 | 40,579 | 37,766 | 49,985 | 51,959 | 53,596 | 52,003 | 46,842 | 54,587 | 51,870 | 40,561 |
| Long-term debt | 6,864 | 3,788 | 3,299 | 3,142 | 1,834 | 8,145 | 8,152 | 7,938 | 7,983 | 1,803 | 1,747 | 1,594 |
| Total debt | 14,692 | 17,738 | 17,815 | 17,892 | 16,916 | — | — | — | — | — | — | — |
| Total liabilities | 74,718 | 73,959 | 81,156 | 79,918 | 87,658 | 89,529 | 91,029 | 87,790 | 81,796 | 87,866 | 82,892 | 66,186 |
| Total equity (incl. minority) | 65,962 | 70,607 | 73,140 | 73,198 | 73,628 | 72,326 | 71,320 | 67,031 | 63,314 | 61,793 | 60,575 | 53,950 |
| Retained earnings | 8,049 | — | 12,043 | — | 12,662 | — | 10,919 | — | 4,581 | — | 2,886 | — |
| Minority interest | 533 | 534 | 520 | 507 | 506 | 502 | 445 | 436 | 430 | 431 | 433 | 338 |