LI Li Auto Inc
$11.33
▼ 1.1%Updated Oct 16, 2:25 PM ET
Report Card
LI at a glance — five pillars scored 0–100 from real filed financials.
How the 0–100 rating is calculatedOverall: Weak · 25/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
Price — Past Year
▼ Down 54.1% in the year to Jul 6, 2026
Key Metrics
Market Cap
$12.22B
P/E
73.53x
Forward P/E (est.)
—
ROE
-2.5%
Revenue Growth
-24.4%
EPS Growth
—
Profit Margin
-1.7%
FCF Yield
17.8%
Debt / Equity
0.37x
ROIC
-1.0%
Interest Coverage
—
Current Ratio
1.81x
Dividend Yield
—
Implied Growth (rev. DCF)
—
Rating Score
25/100
Business Overview
Li Auto Inc (LI) is a large-cap NASDAQ-listed company in the Automobiles industry, within the Consumer Discretionary sector, with a market value around $12.22B.
In its latest reported year it generated about $15.72B in revenue.
Our model rates LI Weak (25/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Economic Moat
Evidence of durable competitive advantage in the filed financials (7 years of history).
Profit margins and economic moats, explainedThe numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
20.5% average over the last 3 years
±7.1 pts around 16.9% across 7 years
grew in 5 of the last 6 year-over-year periods
positive in 5 of 7 years
-1.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical Analysis (Educational)
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what LI's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. LI trades near $11.33, below its 50-day average ($15.48) and 200-day average ($18.21). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 20 it is oversold — selling has been heavy and a bounce is possible.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. LI's is $0.40 (~3.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. In the month to Jul 6, 2026, LI found buyers near $11.65 (support) and sellers near $14.72 (resistance); its 52-week range then was $11.65–$32.03. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.8× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. The indicators were last computed on Jul 6, 2026; the price is current.
Revenue Growth
4Y CAGR
42.8%
Revenue moved from $39.81M in 2019 to $15.72B in 2025, a 170.9% compound annual growth rate. The most recent year declined 24.4% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?
Profitability
Gross Margin
18.7%
Operating Margin
-0.5%
Net Margin
-1.7%
ROE
-2.5%
Li Auto Inc keeps about -1.7% of each sales dollar as net profit, with a 18.7% gross margin and -0.5% operating margin. Return on equity is -2.5% and return on invested capital about -1.0%. The company is currently unprofitable on a net basis.
Debt Analysis
Total Debt
$78.41M
Net Debt
-$8.03B
Net cash position
Net Debt / EBITDA
—
Debt / Equity
0.37x
Leverage: debt-to-equity is 0.4x, with a current ratio of 1.8x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $78.41M of total debt against $8.11B of cash.
Cash Flow Analysis
Operating CF
-$1.21B
Free Cash Flow
-$1.79B
FCF Margin
-11.4%
In the latest year Li Auto Inc produced about -$1.21B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 17.8% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Valuation Analysis
P/E
73.53x
P/S
0.74x
P/B
1.58x
EV / EBITDA
7.12x
LI trades at 73.5x trailing earnings, 0.7x sales, and 1.6x book value. That is a rich multiple that prices in a lot of future growth.
Metrics vs. Sector Range
Where LI sits versus the Consumer Discretionary companies we cover.
Bands show the middle half (25th–75th percentile) of the 85 Consumer Discretionary companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
Sector Peer Comparison
How LI stacks up against its Consumer Discretionary peers — valuation, profitability, and growth versus the sector median.
Among the 85 rated Consumer Discretionary companies we cover, LI ranks #77 by our overall rating. It trades at a premium versus the sector on earnings (73.5x P/E vs. 24.6x median) with a lower return on equity (-2.5% vs. 26.2%) and slower revenue growth (-24.4% vs. 6.8%).
P/E vs sector
73.5x
median 24.6x
ROE vs sector
-2.5%
median 26.2%
Growth vs sector
-24.4%
median 6.8%
Sector rank
#77
of 85 rated
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Consumer Discretionary companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 85 rated companies among the 158 Consumer Discretionary stocks we cover. Educational, not a recommendation.
5-Year Projection Model
Project revenue → earnings → price. Edit the assumptions to build your own case.
What drives this projection, and its limits2030 scenario price range (Base Case)
$22.32 – $37.53
vs. $11.33 today · implied CAGR 15% – 27%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $16.20B | $16.68B | $17.18B | $17.70B | $18.23B |
| Net income | $485.86M | $500.44M | $515.45M | $530.92M | $546.84M |
| EPS | $0.45 | $0.46 | $0.48 | $0.49 | $0.51 |
| Share price (low) | $19.83 | $20.42 | $21.04 | $21.67 | $22.32 |
| Share price (high) | $33.35 | $34.35 | $35.38 | $36.44 | $37.53 |
| CAGR (low–high) | 75% / 194% | 34% / 74% | 23% / 46% | 18% / 34% | 15% / 27% |
Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions.
Bull Case
The case for LI:
- Healthy free-cash-flow yield (~17.8%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.4x) lowers risk.
Bear Case
The case against LI:
- Revenue growth is slow/negative (-24.4%), limiting the upside engine.
- Thin net margins (-1.7%) leave little room for error.
- A rich 73.5x earnings multiple prices in a lot of growth.
- Our model's overall read is Weak (25/100).
Key Risks
Valuation risk — at 73.5x earnings, disappointing results could compress the multiple.
Growth risk — sluggish revenue (-24.4%) leaves little margin for execution missteps.
Margin risk — thin profitability (-1.7%) is vulnerable to cost or pricing pressure.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
Investment Thesis
On balance, the fundamentals screen weakly: Li Auto Inc is a large-cap consumer discretionary business with shrinking revenue, with modest profitability, and a sound balance sheet. It trades at 73.5x earnings, which our model scores Weak (25/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 32 Wall Street analysts covering LI recommend (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
LI's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K
LI — frequently asked questions
Is LI a good stock to buy?
We don't give buy or sell advice. Our model rates Li Auto Inc Weak (25/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is LI's rating on The Stocks School?
Li Auto Inc currently scores 25/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does LI's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Li Auto Inc's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for LI calculated?
It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.
Is this LI analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell LI. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.