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LI

Li AutoNasdaqGS:LI Stock Report

Last Price

US$29.17

Market Cap

US$29.6b

7D

-5.2%

1Y

-17.5%

Updated

21 Jan, 2022

Data

Company Financials +
LI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

LI Stock Overview

Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China.

Li Auto Competitors

Tesla

NasdaqGS:TSLA

US$1.0t

NIO

NYSE:NIO

US$46.3b

XPeng

NYSE:XPEV

US$38.2b

Toyota Motor

TSE:7203

JP¥32.4t

Price History & Performance

Summary of all time highs, changes and price drops for Li Auto
Historical stock prices
Current Share PriceUS$29.17
52 Week HighUS$37.45
52 Week LowUS$15.98
Beta0
1 Month Change-2.67%
3 Month Change-9.66%
1 Year Change-17.53%
3 Year Changen/a
5 Year Changen/a
Change since IPO77.22%

Recent News & Updates

Dec 08

Is Li Auto Stock A Buy, Sell, Or Hold After Recent Earnings?

Li Auto reported Q3 earnings highlighted by strong sales momentum and improving margins. The company is benefiting from several tailwinds supporting demand for electric vehicles in China which continue to gain market penetration. We are bullish on the stock which we believe is undervalued relative to EV peers in the region.

Shareholder Returns

LIUS AutoUS Market
7D-5.2%-5.8%-4.0%
1Y-17.5%10.8%6.6%

Return vs Industry: LI underperformed the US Auto industry which returned 10.8% over the past year.

Return vs Market: LI underperformed the US Market which returned 6.6% over the past year.

Price Volatility

Is LI's price volatile compared to industry and market?
LI volatility
LI Average Weekly Movement9.2%
Auto Industry Average Movement10.0%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: LI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: LI's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20156,596Xiang Lihttps://www.lixiang.com

Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China. It offers Li ONE, a six-seat electric SUV that equipped with a range of extension system and smart vehicle solutions. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020.

Li Auto Fundamentals Summary

How do Li Auto's earnings and revenue compare to its market cap?
LI fundamental statistics
Market CapCN¥187.96b
Earnings (TTM)-CN¥509.42m
Revenue (TTM)CN¥20.54b

9.2x

P/S Ratio

-369.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LI income statement (TTM)
RevenueCN¥20.54b
Cost of RevenueCN¥16.43b
Gross ProfitCN¥4.11b
ExpensesCN¥4.62b
Earnings-CN¥509.42m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.50
Gross Margin19.99%
Net Profit Margin-2.48%
Debt/Equity Ratio14.7%

How did LI perform over the long term?

See historical performance and comparison

Valuation

Is Li Auto undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LI ($29.17) is trading below our estimate of fair value ($64.29)

Significantly Below Fair Value: LI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LI is unprofitable, so we can't compare its PE Ratio to the US Auto industry average.

PE vs Market: LI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LI is overvalued based on its PB Ratio (4.6x) compared to the US Auto industry average (3.4x).


Future Growth

How is Li Auto forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

54.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: LI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: LI's is expected to become profitable in the next 3 years.

Revenue vs Market: LI's revenue (33.2% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: LI's revenue (33.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LI's Return on Equity is forecast to be low in 3 years time (13.4%).


Past Performance

How has Li Auto performed over the past 5 years?

74.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: LI is currently unprofitable.

Growing Profit Margin: LI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if LI's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare LI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LI is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (210.7%).


Return on Equity

High ROE: LI has a negative Return on Equity (-1.25%), as it is currently unprofitable.


Financial Health

How is Li Auto's financial position?


Financial Position Analysis

Short Term Liabilities: LI's short term assets (CN¥51.4B) exceed its short term liabilities (CN¥9.6B).

Long Term Liabilities: LI's short term assets (CN¥51.4B) exceed its long term liabilities (CN¥8.7B).


Debt to Equity History and Analysis

Debt Level: LI has more cash than its total debt.

Reducing Debt: Insufficient data to determine if LI's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable LI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: LI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 112.9% per year.


Dividend

What is Li Auto current dividend yield, its reliability and sustainability?

0.059%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average management tenure


CEO

Xiang Li (40 yo)

no data

Tenure

Mr. Xiang Li is a Founder of Li Auto Inc. and serves as its Executive Chairman and Chief Executive Officer. Mr. Li serves as the Chairman and General Manager of Family & Car Co. and Car & Home Corporation....


Leadership Team

Experienced Management: LI's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: LI's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.5%.


Top Shareholders

Company Information

Li Auto Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Li Auto Inc.
  • Ticker: LI
  • Exchange: NasdaqGS
  • Founded: 2015
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Implied Market Cap: US$29.642b
  • Shares outstanding: 1.02b
  • Website: https://www.lixiang.com

Number of Employees


Location

  • Li Auto Inc.
  • 11 Wenliang Street
  • Shunyi District
  • Beijing
  • 101399
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 00:16
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.