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Li Auto (LI) Ratios
Li Auto Ratios
LI's free cash flow for Q2 2026 was $-1.30B. For the 2026 fiscal year, LI's free cash flow was decreased by $-1.32B and operating cash flow was $15.03M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.81 | 1.82 | 1.57 | 2.45 | 4.33 |
| Quick Ratio | 1.68 | 1.71 | 1.48 | 2.20 | 4.19 |
| Cash Ratio | 0.89 | 0.95 | 1.26 | 1.41 | 2.30 |
| Solvency Ratio | 0.07 | 0.12 | 0.16 | -0.02 | 0.01 |
| Operating Cash Flow Ratio | -0.14 | 0.23 | 0.70 | 0.27 | 0.69 |
| Short-Term Operating Cash Flow Coverage | -1.38 | 56.68 | 7.27 | 18.89 | 225.16 |
| Net Current Asset Value | $ 34.13B | $ 35.28B | $ 31.63B | $ 25.64B | $ 31.60B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.12 | 0.10 | 0.09 | 0.14 | 0.13 |
| Debt-to-Equity Ratio | 0.25 | 0.23 | 0.23 | 0.27 | 0.19 |
| Debt-to-Capital Ratio | 0.20 | 0.19 | 0.18 | 0.21 | 0.16 |
| Long-Term Debt-to-Capital Ratio | 0.04 | 0.10 | 0.03 | 0.17 | 0.13 |
| Financial Leverage Ratio | 2.12 | 2.29 | 2.39 | 1.93 | 1.51 |
| Debt Service Coverage Ratio | 0.93 | 24.09 | 1.94 | -1.45 | 3.30 |
| Interest Coverage Ratio | -3.10 | 33.85 | 82.81 | -34.37 | -16.09 |
| Debt to Market Cap | 0.08 | 0.05 | 0.03 | 0.07 | 0.03 |
| Interest Debt Per Share | 17.85 | 16.59 | 13.86 | 12.75 | 8.53 |
| Net Debt to EBITDA | -6.37 | -3.94 | -6.31 | 30.70 | -40.48 |
| Profitability Margins | |||||
| Gross Profit Margin | 18.68% | 20.53% | 22.20% | 19.11% | 20.82% |
| EBIT Margin | 1.30% | 6.58% | 8.51% | -4.53% | -0.33% |
| EBITDA Margin | 5.43% | 8.70% | 9.95% | -1.85% | 1.85% |
| Operating Profit Margin | -0.46% | 4.40% | 5.77% | -8.07% | -3.77% |
| Pretax Profit Margin | 1.15% | 6.45% | 8.44% | -4.77% | -0.57% |
| Net Profit Margin | 1.00% | 5.56% | 9.45% | -4.44% | -1.19% |
| Continuous Operations Profit Margin | 1.01% | 5.57% | 9.53% | -4.49% | -1.19% |
| Net Income Per EBT | 86.69% | 86.22% | 111.98% | 93.19% | 210.36% |
| EBT Per EBIT | -248.91% | 146.58% | 146.33% | 59.08% | 15.02% |
| Return on Assets (ROA) | 0.73% | 4.95% | 8.16% | -2.37% | -0.51% |
| Return on Equity (ROE) | 1.55% | 11.34% | 19.46% | -4.56% | -0.77% |
| Return on Capital Employed (ROCE) | -0.57% | 6.83% | 10.10% | -6.29% | -2.02% |
| Return on Invested Capital (ROIC) | -0.46% | 5.78% | 9.06% | -5.81% | -2.00% |
| Return on Tangible Assets | 0.74% | 5.03% | 8.21% | -2.39% | -0.52% |
| Earnings Yield | 0.94% | 4.61% | 4.48% | -1.50% | -0.17% |
| Efficiency Ratios | |||||
| Receivables Turnover | 937.32 | 1069.65 | 862.82 | 952.49 | 221.17 |
| Payables Turnover | 3.85 | 2.87 | 2.77 | 2.42 | 2.98 |
| Inventory Turnover | 10.43 | 14.03 | 14.02 | 5.48 | 13.05 |
| Fixed Asset Turnover | 3.70 | 4.90 | 6.06 | 3.13 | 4.06 |
| Asset Turnover | 0.73 | 0.89 | 0.86 | 0.53 | 0.43 |
| Working Capital Turnover Ratio | 2.06 | 2.92 | 3.04 | 1.15 | 0.79 |
| Cash Conversion Cycle | -59.41 | -100.90 | -105.53 | -83.88 | -92.96 |
| Days of Sales Outstanding | 0.39 | 0.34 | 0.42 | 0.38 | 1.65 |
| Days of Inventory Outstanding | 34.98 | 26.01 | 26.04 | 66.63 | 27.98 |
| Days of Payables Outstanding | 94.77 | 127.25 | 131.99 | 150.89 | 122.59 |
| Operating Cycle | 35.37 | 26.35 | 26.46 | 67.01 | 29.63 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -8.55 | 15.99 | 51.52 | 7.60 | 9.00 |
| Free Cash Flow Per Share | -12.72 | 8.23 | 44.91 | 2.32 | 5.28 |
| Dividend Paid and CapEx Coverage Ratio | -2.05 | 2.06 | 7.79 | 1.44 | 2.42 |
| Capital Expenditure Coverage Ratio | -2.05 | 2.06 | 7.79 | 1.44 | 2.42 |
| Operating Cash Flow Coverage Ratio | -0.48 | 0.97 | 3.74 | 0.60 | 1.06 |
| Operating Cash Flow to Sales Ratio | -0.08 | 0.11 | 0.41 | 0.16 | 0.31 |
| Free Cash Flow Yield | -10.75% | 4.70% | 16.90% | 1.65% | 2.59% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 105.70 | 21.72 | 22.34 | -66.70 | -595.50 |
| Price-to-Sales (P/S) Ratio | 1.06 | 1.21 | 2.11 | 2.96 | 7.09 |
| Price-to-Book (P/B) Ratio | 1.64 | 2.46 | 4.35 | 3.04 | 4.60 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -9.31 | 21.27 | 5.92 | 60.63 | 38.59 |
| Price-to-Operating Cash Flow Ratio | -13.85 | 10.95 | 5.16 | 18.50 | 22.65 |
| Price-to-Earnings Growth (PEG) Ratio | -1.23 | -0.67 | -0.03 | -0.13 | 10.01 |
| Enterprise Value Multiple | 13.18 | 9.94 | 14.90 | -129.24 | 341.74 |
| Enterprise Value | 80.40B | 124.95B | 183.60B | 110.35B | 168.94B |
| EV to EBITDA | 13.18 | 9.94 | 14.90 | -129.24 | 341.74 |
| EV to Sales | 0.72 | 0.86 | 1.48 | 2.39 | 6.34 |
| EV to Free Cash Flow | -6.27 | 15.23 | 4.16 | 49.00 | 34.51 |
| EV to Operating Cash Flow | -9.34 | 7.84 | 3.62 | 14.95 | 20.26 |
| Tangible Book Value Per Share | 69.91 | 69.11 | 60.68 | 45.69 | 43.50 |
| Shareholders’ Equity Per Share | 72.08 | 71.12 | 61.12 | 46.22 | 44.31 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.12 | 0.14 | -0.13 | 0.06 | -1.10 |
| Revenue Per Share | 111.47 | 145.02 | 125.86 | 47.48 | 28.77 |
| Net Income Per Share | 1.12 | 8.06 | 11.89 | -2.11 | -0.34 |
| Tax Burden | 0.87 | 0.86 | 1.12 | 0.93 | 2.10 |
| Interest Burden | 0.89 | 0.98 | 0.99 | 1.05 | 1.71 |
| Research & Development to Revenue | 0.10 | 0.08 | 0.09 | 0.15 | 0.12 |
| SG&A to Revenue | 0.09 | 0.08 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.01 | 0.02 | 0.02 | 0.04 | 0.04 |
| Income Quality | -7.56 | 1.98 | 4.33 | -3.63 | -25.95 |
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