Li Auto Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	42,816	56,692	65,901	91,329	38,478	27,854
Short-Term Investments	50,290	44,331	46,905	11,933	18,031	19,668
Cash & Short-Term Investments	93,105	101,023	112,806	103,262	56,509	47,522
Cash Growth	-15.88%	-10.45%	9.24%	82.73%	18.91%	65.93%
Accounts Receivable	129.01	119.82	135.11	143.52	48.38	120.54
Receivables	129.01	119.82	135.11	143.52	48.38	120.54
Inventory	7,034	8,752	8,186	6,872	6,805	1,618
Restricted Cash	55.04	216.31	6.85	0.48	1,940	2,639
Other Current Assets	5,281	5,174	5,177	4,247	1,690	480.68
Total Current Assets	105,605	115,286	126,310	114,526	66,992	52,380
Property, Plant & Equipment	30,396	31,874	29,465	21,684	14,727	6,560
Long-Term Investments	2,013	848.67	922.9	1,595	1,484	156.31
Goodwill	5.48	5.48	5.48	5.48	5.48	-
Other Intangible Assets	1,172	1,192	914.95	864.18	832.62	751.46
Long-Term Deferred Tax Assets	3,590	3,334	2,542	1,990	74.77	19.9
Other Long-Term Assets	1,784	1,755	2,189	2,802	2,421	1,981
Total Assets	144,566	154,296	162,349	143,467	86,538	61,849
Accounts Payable	35,976	40,579	53,596	51,870	20,026	9,383
Accrued Expenses	11,095	4,643	5,253	5,386	2,222	752.87
Short-Term Debt	-	-	-	688.23	-	-
Current Portion of Long-Term Debt	6,163	6,218	281.1	6,287	390.75	37.04
Current Portion of Leases	1,546	1,690	1,533	1,146	696.45	473.25
Current Income Taxes Payable	-	1,646	2,426	1,657	445.85	277.23
Current Unearned Revenue	1,396	1,621	1,396	1,526	569.23	305.09
Other Current Liabilities	14.31	7,150	4,729	4,182	3,023	879.62
Total Current Liabilities	56,190	63,548	69,216	72,743	27,373	12,108
Long-Term Debt	3,788	3,299	8,152	1,747	9,231	5,961
Long-Term Leases	6,241	6,607	6,379	3,678	1,946	1,370
Long-Term Unearned Revenue	654.06	1,063	1,172	1,244	1,013	389.65
Long-Term Deferred Tax Liabilities	589.97	691.65	865	200.88	77.81	153.72
Other Long-Term Liabilities	6,496	5,947	5,245	3,279	1,711	802.26
Total Liabilities	73,959	81,156	91,029	82,892	41,352	20,785
Common Stock	70,073	1.46	1.45	1.45	1.42	1.41
Additional Paid-In Capital	-	61,400	60,127	57,480	53,869	49,390
Retained Earnings	-	12,043	10,919	2,886	-8,818	-6,806
Treasury Stock	-	-0.07	-0.07	-0.09	-0.08	-0.09
Comprehensive Income & Other	-	-825.18	-171.75	-224.88	-194.11	-1,522
Total Common Equity	70,073	72,619	70,875	60,143	44,859	41,064
Minority Interest	533.99	520.49	445.5	432.6	327.61	-
Shareholders' Equity	70,607	73,140	71,320	60,575	45,186	41,064
Total Liabilities & Equity	144,566	154,296	162,349	143,467	86,538	61,849
Total Debt	17,738	17,815	16,345	13,547	12,264	7,841
Net Cash (Debt)	75,367	83,208	96,461	89,715	44,245	39,681
Net Cash Growth	-20.10%	-13.74%	7.52%	102.77%	11.50%	49.60%
Net Cash Per Share	74.62	77.67	90.60	84.82	45.58	42.82
Filing Date Shares Outstanding	1,014	1,014	1,004	992.83	977.18	964.78
Total Common Shares Outstanding	1,014	1,014	1,004	992.83	977.18	964.78
Working Capital	49,415	51,738	57,094	41,783	39,620	40,272
Book Value Per Share	69.12	71.63	70.60	60.58	45.91	42.56
Tangible Book Value	68,895	71,422	69,954	59,273	44,021	40,313
Tangible Book Value Per Share	67.96	70.45	69.69	59.70	45.05	41.78
Buildings	-	6,433	4,752	2,726	2,361	706.29
Machinery	-	22,294	16,613	10,129	7,191	2,229
Construction In Progress	-	921.62	3,294	4,583	2,749	1,943
Leasehold Improvements	-	3,388	2,804	1,998	1,071	660.9