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Li Auto Inc. (HKG:2015)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
48.60
+0.50 (1.04%)
Aug 27, 2026, 4:08 PM HKT

Li Auto Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-4,6121,1248,03211,704-2,012-321.46
Depreciation & Amortization
2,9364,6353,0581,8051,214590.4
Loss (Gain) From Sale of Assets
48.9786.13-28.11-130.9855.8819.84
Asset Writedown & Restructuring Costs
-----27.39
Loss (Gain) From Sale of Investments
-----13.8
Loss (Gain) on Equity Investments
0.331.354.279.5310.450.08
Stock-Based Compensation
518.91,2582,6312,3792,0531,101
Provision & Write-off of Bad Debts
1.891.921.26-1.082.916.42
Other Operating Activities
-2,429-592.1164.59-1,6841,021337.9
Change in Accounts Receivable
-35.2814.18.2-95.172.21-5.46
Change in Inventory
2,196-2,579-3,099-1,248-5,920-611.56
Change in Accounts Payable
-9,388-13,0172,21131,84610,5946,162
Change in Unearned Revenue
177.58129.14-220.741,1875.02287.58
Change in Other Net Operating Assets
656.1326.723,1714,923284.78732.1
Operating Cash Flow
-9,950-8,61115,93350,6947,3808,340
Operating Cash Flow Growth
---68.57%586.88%-11.51%165.63%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-5,183-4,206-7,730-6,507-5,128-3,445
Sale of Property, Plant & Equipment
817.751,300970.222844.530.04
Cash Acquisitions
----2.09-630.7
Investment in Securities
12,2362,202-34,3776,211756.62-182.01
Other Investing Activities
-2,649-----
Investing Cash Flow
5,221-703.13-41,137-12.07-4,365-4,257

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-1,636565.881,7503,7416,133
Total Debt Issued
1,5911,636565.881,7503,7416,133
Long-Term Debt Repaid
--943.51-996.19-2,751-661.12-429.69
Total Debt Repaid
-821.45-943.51-996.19-2,751-661.12-429.69
Net Debt Issued (Repaid)
769.62692.74-430.31-1,0013,0805,704
Issuance of Common Stock
6.4114.6614.661,1862,46911,006
Other Financing Activities
-5,15160--90-
Financing Cash Flow
-4,375767.4-415.65185.395,63916,710

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-561.09-452.77198.1244.511,270-472.13
Net Cash Flow
-9,664-9,000-25,42250,9119,92520,321

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-15,134-12,8178,20344,1862,2524,896
Free Cash Flow Growth
---81.44%1861.77%-53.99%98.64%
Free Cash Flow Margin
-14.44%-11.41%5.68%35.68%4.97%18.13%
Free Cash Flow Per Share
-14.98-11.967.7141.782.325.28
Levered Free Cash Flow
-12,540-11,2102,75139,7254,8862,965
Unlevered Free Cash Flow
-12,398-11,1052,86839,7794,9523,004

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
102.3142.4796.6741.4787.94-
Cash Income Tax Paid
386.241,465645.5358.651.33-
Change in Working Capital
-6,393-15,1262,07036,6125,0356,565