One plan - full access

No subscription, no auto-renewal, no hidden terms.
Pay once and use it for 30 days.

PRO plan No auto-renewal
$18

30 days of full access
One-time payment

🌐 US & Global Companies
Get access for 30 days →
♧ Secure payment · Instant access

What is included

  • ✓Full access to detailed company analysis
  • ✓Fundamental screener
  • ✓Advanced stock screener filters
  • ✓5 ratings. Separate lists for US & Global Companies and MOEX
  • ✓Company data export in XLSX and CSV
  • ✓MarketCap’s overall ranking of top companies
  • ✓Analytics updates after each new financial report
⚠ The service is not an investment advisor. Financial statement data from public companies is available to everyone - MarketCap structures and analyzes it.
Li Auto  logo
Li Auto LI
$ 11.5 -3.6%
report update icon

Annual report 2025
added 05-07-2026

Li Auto Income Statement 2025-2011 | LI

Brief overview of revenue and earnings at Li Auto

This overview is based on financial performance over the past five years. Revenue reported by Li Auto was 9.5 billion yuan at the beginning of the period and 112 billion yuan at the end. The five-year change reached +1087.7%, while CAGR stood at 64%. The company expanded its revenue base at a high speed.

Gross profit changed from 1.5 billion yuan to 21 billion yuan (+1254.5%). The cost base moved more slowly than the top line, which supported margins. The gross margin was 16.4% at the start and 18.7% at the end. Improving gross profitability strengthens the quality of revenue growth.

The operating result measured by EBITDA moved from −348 million yuan to 4.1 billion yuan, or +1281%. Operating profitability strengthened faster than the scale of sales. The EBITDA share of revenue changed from −3.7% to 3.7%. The company improved its ability to convert sales into EBITDA.

The net financial result changed from −152 million yuan to 1.1 billion yuan. The return to profit marks a meaningful recovery in the final result.

Market capitalization changed from 25.1 billion yuan to 37.1 billion yuan (+47.7%). Capitalization grew more slowly than the underlying results.

Overall conclusion

The financial profile remains mixed, with strengths and risks moving in different directions. The positive side is supported by better sales economics, net-income growth and higher operating efficiency. The overall view is constrained by a narrow EBITDA buffer. Investors should continue to monitor margins, costs, and earnings quality.

Annual Income Statement Li Auto

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

37.1 B 46 B 51.6 B 75.6 B 59.5 B 25.1 B 9.01 B 9.93 B - - - - - - -

Shares

2.02 B 1.99 B 1.97 B 1.94 B 1.85 B 870 M 255 M 255 M - - - - - - -

Historical Prices

18.4 23.1 26.2 39 32.1 28.8 - - - - - - - - -

Net Income

1.14 B 8.05 B 11.8 B -2.03 B -321 M -152 M -2.44 B -1.53 B - - - - - - -

Revenue

112 B 144 B 124 B 45.3 B 27 B 9.46 B 284 M - - - - - - - -

Cost of Revenue

91.3 B 115 B 96.4 B 36.5 B 21.2 B 7.91 B 284 M - - - - - - - -

Gross Profit

21 B 29.7 B 27.5 B 8.79 B 5.76 B 1.55 B -95 K - - - - - - - -

Operating Income

-521 M 7.02 B 7.41 B -3.65 B -1.02 B -669 M -1.86 B -1.13 B - - - - - - -

Interest Expense

67.4 M 664 M 86.3 M 106 M 63.2 M 66.9 M 83.7 M 63.5 M - - - - - - -

EBITDA

4.11 B 10.1 B 9.21 B -2.44 B -427 M -348 M -1.74 B -1.07 B - - - - - - -

Operating Expenses

21.5 B 22.6 B 20.1 B 12.4 B 6.78 B 2.19 B 1.84 B 1.13 B - - - - - - -

General and Administrative Expenses

10.7 B 12.2 B 9.77 B 5.67 B 3.49 B 786 M 437 M 261 M - - - - - - -

All numbers in CNY currency

Quarterly Income Statement Li Auto

2025-Q4 2024-Q4 2023-Q4 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

2.03 B 2.01 B 1.99 B 1.95 B 1.95 B - - 1.93 B - - - 1.81 B - - - 255 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in CNY currency

The income statement is one of the three key financial reports of a company Li Auto (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Auto manufacturers industry

Issuer Price % 24h Market Cap Country
ЗИЛ ЗИЛ
ZILL
- - - russiaRussia
Lordstown Motors Corp. Lordstown Motors Corp.
RIDE
- -2.33 % $ 53.3 M usaUSA
Нефтекамск Нефтекамск
NFAZ
- - - russiaRussia
Группа ГАЗ Группа ГАЗ
GAZA
- - - russiaRussia
КАМАЗ КАМАЗ
KMAZ
- - - russiaRussia
Павловский Автобус Павловский Автобус
PAZA
- - - russiaRussia
Туймазинский завод автобетоновозов Туймазинский завод автобетоновозов
TUZA
- - - russiaRussia
Blue Bird Corporation Blue Bird Corporation
BLBD
$ 57.12 -0.44 % $ 1.82 B usaUSA
Tesla Tesla
TSLA
$ 386.47 3.41 % $ 1.25 T usaUSA
Electrameccanica Vehicles Corp. Electrameccanica Vehicles Corp.
SOLO
- - $ 23.5 M canadaCanada
Ford Motor Company Ford Motor Company
F
$ 11.9 -2.06 % $ 47.4 B usaUSA
General Motors Company General Motors Company
GM
$ 76.11 -1.27 % $ 72.7 B usaUSA
Canoo Canoo
GOEV
- -9.6 % $ 213 M usaUSA
Fisker Fisker
FSR
- -28.17 % $ 27.3 M usaUSA
NIO Limited NIO Limited
NIO
$ 3.36 -1.9 % $ 7.64 B -
Nikola Corporation Nikola Corporation
NKLA
- -28.74 % $ 144 M usaUSA
Workhorse Group Workhorse Group
WKHS
$ 2.65 -0.75 % $ 25.1 M usaUSA
Honda Motor Co., Ltd. Honda Motor Co., Ltd.
HMC
$ 33.97 -0.82 % $ 159 B japanJapan
Niu Technologies Niu Technologies
NIU
$ 1.92 0.52 % $ 307 M chinaChina
Ferrari N.V. Ferrari N.V.
RACE
$ 397.24 -0.8 % $ 70.8 B -
Toyota Motor Corporation Toyota Motor Corporation
TM
$ 194.86 -0.85 % $ 2.58 T japanJapan
XPeng XPeng
XPEV
$ 9.36 -5.55 % $ 17.8 B chinaChina
Tata Motors Limited Tata Motors Limited
TTM
- 1.05 % $ 1.6 T indiaIndia
Ayro Ayro
AYRO
- 23.13 % $ 43.7 M usaUSA