Li Auto Inc. (HKG:2015)

Li Auto Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	51,108	65,901	91,329	38,478	27,854	8,938
Short-Term Investments	47,570	46,905	11,933	18,031	19,668	19,701
Cash & Short-Term Investments	98,678	112,806	103,262	56,509	47,522	28,640
Cash Growth	-7.38%	9.24%	82.73%	18.91%	65.93%	702.49%
Accounts Receivable	100.87	135.11	143.52	48.38	120.54	115.55
Receivables	100.87	135.11	143.52	48.38	120.54	123.55
Inventory	8,225	8,186	6,872	6,805	1,618	1,048
Prepaid Expenses	-	-	-	-	-	30.36
Restricted Cash	215.86	6.85	0.48	1,940	2,639	1,234
Other Current Assets	5,526	5,177	4,247	1,690	480.68	315.3
Total Current Assets	112,746	126,310	114,526	66,992	52,380	31,391
Property, Plant & Equipment	33,456	29,465	21,684	14,727	6,560	3,756
Long-Term Investments	832.58	922.9	1,595	1,484	156.31	162.85
Goodwill	5.48	5.48	5.48	5.48	-	-
Other Intangible Assets	937.78	914.95	864.18	832.62	751.46	683.28
Long-Term Deferred Tax Assets	3,221	2,542	1,990	74.77	19.9	59.16
Other Long-Term Assets	1,917	2,189	2,802	2,421	1,981	321.18
Total Assets	153,116	162,349	143,467	86,538	61,849	36,373
Accounts Payable	37,766	53,596	51,870	20,026	9,383	3,180
Accrued Expenses	15,230	5,253	5,386	2,222	752.87	266.58
Short-Term Debt	-	-	688.23	-	-	-
Current Portion of Long-Term Debt	6,319	281.1	6,287	390.75	37.04	-
Current Portion of Leases	1,626	1,533	1,146	696.45	473.25	210.53
Current Income Taxes Payable	-	2,426	1,657	445.85	277.23	50.09
Current Unearned Revenue	1,581	1,396	1,526	569.23	305.09	271.51
Other Current Liabilities	16.57	4,729	4,182	3,023	879.62	330.82
Total Current Liabilities	62,539	69,216	72,743	27,373	12,108	4,309
Long-Term Debt	3,142	8,152	1,747	9,231	5,961	511.64
Long-Term Leases	6,804	6,379	3,678	1,946	1,370	1,392
Long-Term Unearned Revenue	624.99	1,172	1,244	1,013	389.65	135.66
Long-Term Deferred Tax Liabilities	675.35	865	200.88	77.81	153.72	36.31
Other Long-Term Liabilities	6,133	5,245	3,279	1,711	802.26	184.72
Total Liabilities	79,918	91,029	82,892	41,352	20,785	6,570
Common Stock	72,691	1.45	1.45	1.42	1.41	1.25
Additional Paid-In Capital	-	60,127	57,480	53,869	49,390	37,290
Retained Earnings	-	10,919	2,886	-8,818	-6,806	-6,482
Treasury Stock	-	-0.07	-0.09	-0.08	-0.09	-
Comprehensive Income & Other	-	-171.75	-224.88	-194.11	-1,522	-1,005
Total Common Equity	72,691	70,875	60,143	44,859	41,064	29,804
Minority Interest	506.76	445.5	432.6	327.61	-	-
Shareholders' Equity	73,198	71,320	60,575	45,186	41,064	29,804
Total Liabilities & Equity	153,116	162,349	143,467	86,538	61,849	36,373
Total Debt	17,892	16,345	13,547	12,264	7,841	2,114
Net Cash (Debt)	80,786	96,461	89,715	44,245	39,681	26,525
Net Cash Growth	-11.07%	7.52%	102.77%	11.50%	49.60%	1327.65%
Net Cash Per Share	78.84	90.60	84.82	45.58	42.82	60.98
Filing Date Shares Outstanding	1,009	1,004	992.83	977.18	964.78	904.64
Total Common Shares Outstanding	1,009	1,004	992.83	977.18	964.78	904.64
Working Capital	50,207	57,094	41,783	39,620	40,272	27,082
Book Value Per Share	72.01	70.60	60.58	45.91	42.56	32.95
Tangible Book Value	71,748	69,954	59,273	44,021	40,313	29,120
Tangible Book Value Per Share	71.08	69.69	59.70	45.05	41.78	32.19
Buildings	-	4,752	2,726	2,361	706.29	716.72
Machinery	-	16,613	10,129	7,191	2,229	1,200
Construction In Progress	-	3,294	4,583	2,749	1,943	53.58
Leasehold Improvements	-	2,804	1,998	1,071	660.9	249.88

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.