Li Auto
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
0.250.181.141.02
Price/Sales ratio
0.010.010.070.07
Earnings per Share (EPS)
$92.35$125.97$20.84$23.21

Historical Multiples (2018 – 2023)

2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-66.81-43.90-1.02K-587.79-67.1911.96-75.78-1.02K
Price/Sales ratio
N/A364.6218.006.993.011.133.366.99
Price/Book Value ratio
-42.7316.645.714.603.042.323.394.60
Price/Cash Flow ratio
-76.01-57.8054.2122.6518.502.7620.6622.65
Price/Free Cash Flow ratio
-44.17-37.7569.0738.5960.633.1729.0338.59
Price/Earnings Growth ratio
N/A-0.8212.0055.84-0.12-0.010.1655.84
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
N/A-0.03%16.38%21.33%19.41%22.20%19.41%16.38%
Operating Profit Margin
N/A-653.59%-7.07%-3.76%-8.07%5.98%-8.07%-3.76%
Pretax Profit Margin
N/A-850.26%-1.99%-0.56%-4.76%8.43%-4.76%-0.56%
Net Profit Margin
N/A-830.41%-1.75%-1.19%-4.48%9.45%-4.44%-1.19%
Effective Tax Rate
-2.49%2.33%12.09%-110.35%5.88%-12.98%5.88%-110.35%
Return on Assets
-26.50%-24.82%-0.45%-0.51%-2.34%8.15%-2.32%-0.51%
Return On Equity
63.95%-37.90%-0.55%-0.78%-4.53%19.46%-4.66%-0.78%
Return on Capital Employed
-28.05%-28.67%-2.08%-2.04%-6.17%10.47%-6.17%-2.04%
Liquidity Ratios
Current Ratio
N/AN/A7.28N/AN/AN/A2.44N/A
Quick Ratio
1.311.507.044.192.191.472.064.19
Cash ratio
0.040.422.072.301.401.251.402.30
Days of Sales Outstanding
N/A10.654.451.620.380.420.381.62
Days of Inventory outstanding
N/A664.7648.3727.7968.0526.0368.0548.37
Operating Cycle
N/A675.4252.8329.4268.4426.4568.1452.83
Days of Payables Outstanding
N/A813.38146.77161.18200.27131.97200.26146.77
Cash Conversion Cycle
N/A-137.95-93.93-131.76-131.83-105.52-183.09-131.76
Debt Ratios
Debt Ratio
0.110.090.010.090.110.060.470.01
Debt Equity Ratio
-0.270.140.010.140.210.140.920.01
Long-term Debt to Capitalization
-0.36N/A0.010.120.170.020.190.01
Total Debt to Capitalization
-0.380.130.010.120.170.120.210.01
Interest Coverage Ratio
N/AN/A-9.54N/AN/AN/A-34.36N/A
Cash Flow to Debt Ratio
-2.02-1.926.131.390.765.810.601.39
Company Equity Multiplier
-2.411.521.221.501.922.381.921.22
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/A-6.300.330.300.160.400.160.30
Free Cash Flow / Operating Cash Flow Ratio
1.721.530.780.580.300.870.710.71
Cash Flow Coverage Ratio
-2.02-1.926.131.390.765.810.601.39
Short Term Coverage Ratio
-67.34-1.92N/A225.1618.887.266.78225.16
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/A