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Li Auto Inc. logo

Li Auto Inc.

2015.HK

HKSEConsumer CyclicalAuto - Manufacturers

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Latest quote

HK$49.46

−HK$1.74 · -3.40%

Aug 24, 4:08 PM HKT

2015.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Operating within the People's Republic of China, Li Auto Inc. and its affiliated companies specialize in the conceptualization, engineering, manufacturing, and distribution of new energy vehicles. A prominent product is the Li ONE, a sophisticated six-seater electric sport utility vehicle equipped with intelligent vehicle functionalities, ADAS-integrated navigation, and automatic emergency braking systems. The company's operations also encompass managing sales and after-sales support, technological innovation, corporate administration, and the acquisition of manufacturing equipment. Formerly named Leading Ideal Inc., the organization rebranded to Li Auto Inc. in July 2020. Founded in 2015, its main offices are situated in Beijing, China.

Industry
Auto - Manufacturers
Sector
Consumer Cyclical
Headquarters
CN
CEO
Xiang Li
Listed since
Aug 12, 2021
Employees
30,728

Market position

Day range

Current HK$49.46

52-week range

Current HK$49.46

Open
HK$50.30
Previous close
HK$51.20
Volume
8.56M
0.64× average
Average volume
13.32M
Average daily volume
Market cap
100.29B HKD
Beta
0.55
Market reference 1
50-day average
HK$49.621
-0.32% below average
200-day average
HK$63.6868
-22.34% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
78.26B CNY
P/E (TTM)
-47.83×
P/B (TTM)
1.23×
P/S (TTM)
0.79×
EV / EBITDA
101.97×
Earnings yield
0.93%
Free cash flow yield
-10.92%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
15.99%
Operating margin
-3.51%
Net margin
-1.65%
Return on equity
1.51%
Return on assets
0.71%
Return on invested capital
-0.86%

Financial health

Debt / equity
0.25×
Current ratio
1.81×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%13%1%-11%Gross margin, FY2021: 21.33%Gross margin, FY2022: 19.41%Gross margin, FY2023: 22.20%Gross margin, FY2024: 20.53%Gross margin, FY2025: 18.68%Operating margin, FY2021: -3.77%Operating margin, FY2022: -8.07%Operating margin, FY2023: 5.98%Operating margin, FY2024: 4.86%Operating margin, FY2025: -0.89%Net margin, FY2021: -1.19%Net margin, FY2022: -4.44%Net margin, FY2023: 9.45%Net margin, FY2024: 5.56%Net margin, FY2025: 1.00%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.33%. Gross margin FY2022 19.41%. Gross margin FY2023 22.20%. Gross margin FY2024 20.53%. Gross margin FY2025 18.68%. Operating margin FY2021 -3.77%. Operating margin FY2022 -8.07%. Operating margin FY2023 5.98%. Operating margin FY2024 4.86%. Operating margin FY2025 -0.89%. Net margin FY2021 -1.19%. Net margin FY2022 -4.44%. Net margin FY2023 9.45%. Net margin FY2024 5.56%. Net margin FY2025 1.00%.

Income trends

Revenue

109.41B CNY-24.27%

Operating income

−969M CNY−7.99B CNY

Net income

1.1B CNY-86.36%
Income trends across reported periods159.27B CNY100.03B CNY40.78B CNY−18.47B CNYRevenue, FY2021: 27.01B CNYRevenue, FY2022: 45.29B CNYRevenue, FY2023: 123.85B CNYRevenue, FY2024: 144.46B CNYRevenue, FY2025: 109.41B CNYOperating income, FY2021: −1.02B CNYOperating income, FY2022: −3.65B CNYOperating income, FY2023: 7.41B CNYOperating income, FY2024: 7.02B CNYOperating income, FY2025: −969M CNYNet income, FY2021: −321.46M CNYNet income, FY2022: −2.01B CNYNet income, FY2023: 11.7B CNYNet income, FY2024: 8.03B CNYNet income, FY2025: 1.1B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 27.01B CNY. Revenue FY2022 45.29B CNY. Revenue FY2023 123.85B CNY. Revenue FY2024 144.46B CNY. Revenue FY2025 109.41B CNY. Operating income FY2021 −1.02B CNY. Operating income FY2022 −3.65B CNY. Operating income FY2023 7.41B CNY. Operating income FY2024 7.02B CNY. Operating income FY2025 −969M CNY. Net income FY2021 −321.46M CNY. Net income FY2022 −2.01B CNY. Net income FY2023 11.7B CNY. Net income FY2024 8.03B CNY. Net income FY2025 1.1B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue109.41B CNY144.46B CNY123.85B CNY45.29B CNY27.01B CNY
Cost of goods sold88.96B CNY114.8B CNY96.35B CNY36.5B CNY21.25B CNY
Gross profit20.44B CNY29.66B CNY27.5B CNY8.79B CNY5.76B CNY
Research and development11.02B CNY11.07B CNY10.59B CNY6.78B CNY3.29B CNY
Selling, general, and administrative10.39B CNY12.23B CNY9.77B CNY5.67B CNY3.4B CNY
Operating expenses21.41B CNY22.64B CNY20.09B CNY12.45B CNY6.78B CNY
Interest income1.87B CNY1.82B CNY2.08B CNY976.23M CNY740.43M CNY
Interest expense163.73M CNY187.76M CNY86.25M CNY106.34M CNY63.24M CNY
Depreciation and amortization1.74B CNY3.06B CNY1.81B CNY1.21B CNY590.4M CNY
Operating income−969M CNY7.02B CNY7.41B CNY−3.65B CNY−1.02B CNY
Net income1.1B CNY8.03B CNY11.7B CNY−2.01B CNY−321.46M CNY

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

9 ratings
Strong buy00%
Buy9100%
Hold00%
Sell00%
Strong sell00%

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ETFs holding 2015.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
123.66M
Weight
0.02%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.19-0.59%
Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
118.5M
Weight
0.07%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$59.96-0.81%
iShares Core MSCI Emerging Markets ETF logoiShares Core MSCI Emerging Markets ETFIEMG
Market value
90.64M
Weight
0.06%
AUM
160B USD
Expense ratio
0.09%
Price / 1D
$80.515-1.29%
Global X China Electric Vehicle and Battery ETF (HKD) logoGlobal X China Electric Vehicle and Battery ETF (HKD)2845.HK
Market value
20.9M
Weight
2.75%
AUM
897.66M HKD
Expense ratio
0.68%
Price / 1D
HK$97.74-1.05%
Vanguard FTSE All-World ex-US ETF logoVanguard FTSE All-World ex-US ETFVEU
Market value
20.25M
Weight
0.02%
AUM
95.9B USD
Expense ratio
0.04%
Price / 1D
$85.19-0.58%
iShares MSCI Emerging Markets ETF logoiShares MSCI Emerging Markets ETFEEM
Market value
20.24M
Weight
0.06%
AUM
31.22B USD
Expense ratio
0.72%
Price / 1D
$66.105-1.51%
iShares MSCI China ETF logoiShares MSCI China ETFMCHI
Market value
19.41M
Weight
0.31%
AUM
6.29B USD
Expense ratio
0.59%
Price / 1D
$54.885-1.39%
iShares ESG Aware MSCI EM ETF logoiShares ESG Aware MSCI EM ETFESGE
Market value
14.7M
Weight
0.21%
AUM
6.91B USD
Expense ratio
0.25%
Price / 1D
$53.165-1.42%

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