Morningstar

Li Auto Inc ADR LI

Morningstar Rating
Unlock
Stock XNAS Rating as of
$11.26 −0.09 (0.79%)
View Full Chart
As of Delayed Price Pre-Open: $11.38 +0.12

Company Report

View Archive

Li Auto Has a Strong PHEV Portfolio but Lacks a Clear BEV Strategy and Track Record

Vincent Sun

Li Auto is a leading new energy vehicle manufacturer in China, producing plug-in hybrid electric SUVs for family car use. Li Auto put a lot of effort into its range-extension powertrain, which has become a key selling point for its value-for-money vehicles. As it uses less battery, plug-in hybrid electric vehicles offer significant price advantages compared with battery electric vehicles. Its first model, the six-seater Li One SUV, is built on its proprietary extended-range electric vehicle technology, offering a total driving range of 800 kilometers. Unlike competitors, Li Auto adopts a single-point pricing strategy for enhanced price transparency.

Read Analysis

Price vs Fair Value

View History
LI is trading at a LOCK|t?R>SLn premium.
Price
$11.26
Fair Value
X@
Uncertainty
LOCK|@F !?wz
1-Star Price
LOCK|.zR
5-Star Price
Q.Z
Economic Moat
LOCK|JyT
Capital Allocation
LOCK|GN!@w^

Bulls Say, Bears Say

Bulls

Li Auto’s strong product capacity, targeting family car users and focusing on the mid- to large-size SUV segment, will ensure the success of future NEV models, including but not limited to extended range electric vehicles.

Bears

Li Auto’s range-extension vehicles will face increasing pressure as the industry moves to pure electric models, while the company lacks track record in pure electric vehicles.

Show More

News

View All

Trading Information

Previous Close Price
$11.35
Day Range
$11.06–11.26
52-Week Range
$10.66–21.50
Bid/Ask
$11.31 / $11.45
Shares Outstanding
977.27M
Market Cap
$11.00B
Volume/Avg
7,786 / 3M

Key Statistics

Price/Earnings (Normalized)
40.06
Price/Sales
0.78
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Li Auto is one of China's leading new energy vehicle manufacturers. Founded in 2015, the company designs, develops, manufactures, and sells premium smart NEVs with a particular focus on family size premium SUVs and MPVs. Li Auto started volume production of its first model—the Li One, an SUV that is a premium plug-in electric vehicle- in November 2019. Besides PHEVs, its product portfolio now extends to EVs that are fully battery-powered, reaching a wide audience. It has sold over 400,000 NEVs in 2025, accounting for about 3% of China's passenger NEV market.
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Stock Style Box
Large Value
Total Number of Employees
30,728
Website
https://www.lixiang.com

Competitors

Valuation

View More
Metric
LI
TSLA
NIO
Price/Earnings (Normalized)
 40.06234.54—
Price/Book Value
 1.1618.0413.78
Price/Sales
 0.7813.930.49
Price/Cash Flow
 —99.09—
Price/Earnings
LI
TSLA
NIO

Financial Strength

Metric
LI
TSLA
NIO
Quick Ratio
 1.571.230.68
Current Ratio
 1.811.741.02
Interest Coverage
 −30.158.08−4.11
Quick Ratio
LI
TSLA
NIO

Profitability

Metric
LI
TSLA
NIO
Return on Assets (Normalized)
 −2.46%5.47%−3.39%
Return on Equity (Normalized)
 −5.24%9.35%−135.01%
Return on Invested Capital (Normalized)
 −5.69%6.77%−9.12%
Return on Assets
LI
TSLA
NIO

Auto Manufacturers Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Tesla Inc
TSLA
LOCK|K?!yqb?#LOCK|&?$n?$2T
 Toyota Motor Corp ADR
TM
LOCK|rQ$M@zLOCK|Mmx$232B
 Ferrari NV
RACE
LOCK|&?TxPdL!LOCK|^^?$68B
 General Motors Co
GM
LOCK|Qw?Ct^LOCK|$?$68B
 Ford Motor Co
F
LOCK|n^F#!P&LOCK|VL$47B
 Honda Motor Co Ltd ADR
HMC
LOCK|$!s>jt&LOCK|G^!$44B
 Mercedes-Benz Group AG
MBGAF
LOCK|<btgz<LOCK|DTF$42B
 Bayerische Motoren Werke AG ADR - Unsponsored
BMWKY
LOCK|%^m&DFYLOCK|^v$38B
 Rivian Automotive Inc Class A
RIVN
LOCK|>px^Xq^LOCK|j#k$17B
 Stellantis NV
STLA
LOCK|^HGm%!LOCK|d%F$16B

Sponsor Center