Li Auto Inc.

NASDAQ•LI

CEO: Mr. Xiang Li

板块: Consumer Cyclical

行业: Auto - Manufacturers

上市日期: 2020-07-30

Li Auto Inc. operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company offers its products through online and offline channels. 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, the People's Republic of China.

联系方式

11 Wenliang Street, Shunyi District, Beijing, 101399, China

86-10-8742-7209

www.lixiang.com

市值

$18.30B

市盈率 (TTM)

112.3

227.5

股息率

52周最高

$32.03

52周最低

$15.71

52周范围

15%

排名41Top 44.9%

4.0

F-Score

改良版 Piotroski 分析

基于 7 年期基本面

一般 • 4 / 9 分

评分区间 (0-9)

8-9: 价值优异

6-7: 基本面强劲

4-5: 整体稳健

0-3: 表现疲弱

数据范围: 2019-2025

财务仪表盘

Q4 2025 数据

营业收入

$4.00B+0.00%

近4季度走势

每股收益

$0.00+0.00%

近4季度走势

自由现金流

$134.16M+0.00%

近4季度走势

2024 Annual 财报亮点

核心亮点

Revenue and Delivery Scale Total revenues reached 144.5B RMB in 2024, up 16.6% from 2023; cumulative deliveries surpassed 1.13M units.

Gross Profit Increased Gross profit grew to 29.7B RMB in 2024, an increase from 27.5B RMB reported in the prior year.

BEV Market Entry Achieved Launched Li MEGA BEV in March 2024, marking entry into the BEV segment alongside established EREV line.

关注风险

Net Income and Margin Pressure Net income decreased to 8.0B RMB in 2024 from 11.8B RMB in 2023; operating margin fell to 4.9%.

Cash Flow and Capital Spending Operating cash flow dropped to 15.9B RMB in 2024; investing activities used 41.1B RMB for expansion.

Reliance on Limited Models Business substantially depends on current limited vehicle models; future sales risk if variety/design fails to meet consumer expectations.

PRC Regulatory Structure Risk Reliance on VIE structure faces uncertainty as PRC laws evolve; adverse government action could force relinquishing interests.

前瞻展望

Continued Technology Investment Expect R&D expenses to remain significant, reaching 11.1B RMB in 2024, focusing on EV and intelligent platform capabilities.

Expanding Product Lineup Launched Li L6 model in April 2024, targeting younger families, continuing product lineup expansion strategy.

Advancing Charging Infrastructure Building HPC network, aiming for 500 km range with 12-minute charge capability using 800-volt electric drive system.

Open Source Operating System Launched proprietary Li Halo OS in March 2025, committing to open-sourcing the operating system for smart vehicles.

同行对比

营业收入 (TTM)

STLA

$343.12B

-15.8%

HMC

$143.35B

-1.5%

PHM

$17.31B

-3.5%

毛利率 (最新季度)

69.9%

+1.0pp

QSR

47.5%

+13.6pp

WSM

46.9%

-0.7pp

关键指标

股票代码	市值	市盈率 (TTM)	净资产收益率 (TTM)	负债率
HMC	$31.83B	10.2	4.1%	41.2%
QSR	$25.90B	33.9	23.1%	68.6%
STLA	$24.05B	2.9	26.3%	23.5%

长期趋势

近4季度

营业收入

净利润

经营现金流

4季度营收复合增长率

3.9%

温和增长

4季度净利润复合增长率

-78.4%

盈利能力下滑

现金流稳定性

25%

现金流需要关注

深度研究

下次财报:2026年5月26日

每股收益:-$0.23

营业收入:$3.57B

财务数据

电话会议

财务报告

新闻

利润表

资产负债表

现金流量表

财务比率

变化率

利润表	过去12个月

无数据