← Li Auto Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue — $68.1m
$284.4m +317.36%
$1.4b +409.65%
$4.2b +192.45%
$6.6b +54.92%
$123.9b +1786.26%
$144.5b +16.64%
$112.3b -22.25%
$109.4b -2.62%
Cost of Revenue — $54.7m
$228.2m +317.36%
$1.2b +431.08%
$3.3b +175.15%
$5.3b +58.70%
$13.6b +156.47%
$15.7b +15.89%
$13.1b -16.97%
$91.9b +603.65%
Reconciled Cost Of Revenue — — — — — $36.5b
$96.4b +164.01%
$114.8b +19.15%
$91.3b -20.45%
$91.9b +0.62%
Total cost of sales — — ($284.5m)
($7.9b) -2679.73%
($21.2b) -168.72%
($36.5b) -71.76%
($96.4b) -164.01%
($114.8b) -19.15%
($91.3b) +20.45%
—
Net Interest Income — — — — — $869.9m
$2.0b +129.53%
$1.6b -18.25%
$1.8b +7.27%
$1.6b -6.55%
Gross Profit — $13.5m
($95k) -100.71%
$237.4m +250043.16%
$904.1m +280.76%
$1.3b +40.97%
$3.9b +203.87%
$4.1b +4.91%
$3.0b -26.14%
$17.5b +482.33%
Research and development — ($793.7m) ($1.2b) ($1.1b) ($3.3b) ($6.8b) ($10.6b) ($11.1b) ($11.3b) $11.5b
Research and Development Expense — — $1.2b $168.6m $515.7m $983.0m $1.5b $1.5b $1.6b $11.5b
Selling, general and administrative — ($337.2m) ($689.4m) ($1.1b) ($3.5b) ($5.7b) ($9.8b) ($12.2b) ($10.7b) $10.2b
Selling, General and Administrative Expense — — $689.4m $171.5m $548.0m $821.4m $1.4b $1.7b $1.5b $10.2b
Marketing and Advertising Expense — — — — — — — $1.6b $1.6b —
Amortization of Intangible Assets — — $9.2m $9.0m $11.3m $19.1m $24.3m $28.9m $74.4m —
Other Operating Expenses — — — — — — ($264.2m) ($663.7m) ($473.6m) —
Operating Expenses — — $1.9b $340.0m $1.1b $1.8b $2.8b $3.1b $3.1b $21.3b
Total operating expenses — ($1.1b) ($1.9b) ($2.2b) ($6.8b) ($12.4b) ($20.1b) ($22.6b) ($21.5b) $21.3b
Other Non Operating Income Expenses — ($3.1m) $1.9m $29.4m $187.3m $625.6m $1.0b $664.3m $67.4m —
Operating Income (Loss) — ($1.1b)
($1.9b) -64.35%
($102.6m) +94.48%
($159.6m) -55.62%
($529.9m) -231.94%
$1.0b +296.87%
$961.6m -7.82%
($74.5m) -107.75%
($3.8b) -4987.98%
Other Operating Income (Expense), Net — — — — $0 $0 $37.2m $90.9m $67.7m —
Interest Expense — ($63.5m) $83.7m $10.3m $9.9m $15.4m $12.1m ($187.8m) ($168.1m) $160.5m
Interest Expense, Debt — — — — $3.4m — — — — $160.5m
Interest income and investment income, net — $68.1m $49.4m $213.6m $740.4m $976.2m $2.1b $1.8b $1.9b $1.8b
Net Non Operating Interest Income Expense — — — — — $869.9m $2.0b $1.6b $1.8b $1.6b
Investment Income, Net — — $49.4m $32.7m $116.2m $141.5m $293.4m $249.3m $274.4m —
Foreign Currency Transaction Gain (Loss), before Tax — — $32.0m ($1.0m) — — — — — —
Income (Loss) from Equity Method Investments — — ($162.7m) ($386k) ($13k) ($1.5m) ($1.3m) ($585k) ($194k) —
Other Nonoperating Income (Expense) — — $1.9m $4.5m $29.4m $90.7m $147.6m $91.0m $9.6m —
Interest Expense (non-operating) — — — — — $106.3m $86.3m $25.7m $24.0m $160.5m
Other Income Expense — ($3.1m) $1.9m $29.4m $187.3m $625.6m $1.0b $664.3m $67.4m $77.0m
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — $646.4m ($2.1b)
Income before income tax — ($1.2b) ($2.4b) ($188.9m) ($152.8m) ($2.2b) $10.5b $9.3b $1.3b ($2.1b)
Pre-Tax Income — ($1.2b) ($2.4b) ($188.9m) ($152.8m) ($2.2b) $10.5b $9.3b $1.3b ($2.1b)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — ($2.4b) ($28.9m) ($24.0m) ($313.1m) $1.5b $1.3b $185.5m ($2.1b)
Current Income Tax Expense (Benefit) — — — — — $1.3m $446.2m $1.3b $1.1b ($295.2m)
Income tax benefit/(expense) — — — ($22.8m) $168.6m $127.0m $1.4b ($1.3b) ($157.7m) —
Income Tax Expense (Benefit) — — — ($3.5m) $26.5m ($18.4m) ($191.2m) $174.0m $22.6m ($295.2m)
Net Income From Continuing And Discontinued Operation — — — — — ($2.0b) $11.7b $8.0b $1.1b ($1.8b)
Net Income Continuous Operations — — ($2.4b) ($23.2m) ($50.4m) ($2.0b) $11.8b $8.0b $1.1b ($1.8b)
Net Income Discontinuous Operations — — — — $0 $0 — — — —
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic — — ($3.3b) ($123.6m) ($50.4m) ($291.7m) $11.8b $8.0b $1.1b ($1.8b)
Net Income (Loss) Available to Common Stockholders, Basic — — ($3.3b)
($121.4m) +96.30%
($50.4m) +58.44%
($291.7m) -478.37%
$1.6b +665.05%
$1.1b -33.25%
$160.8m -85.39%
($1.8b) -1229.05%
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — ($2.9m) $14.8m $1.8m $2.1m ($1.8b)
Less: Net income attributable to noncontrolling interests — — — $5.1m $0 ($20.1m) $105.0m $12.9m $15.0m —
Otherunder Preferred Stock Dividend — — — — $0 $0 — — — —
Income (Loss) from Continuing Operations, Per Basic Share — — — — ($0) ($0) — — — —
Income (Loss) from Continuing Operations, Per Diluted Share — — — — ($0) ($0) — — — —
Earnings Per Share, Basic — ($7.25) ($12.87) ($0.91) ($0.03) ($0.15) $0.84 $0.55 $0.08 ($1.78)
Earnings Per Share, Diluted — — ($12.87) ($0.91) ($0.03) ($0.15) $0.78 $0.52 $0.08 ($1.80)
Basic (in shares) — — $255.0m $870.0m $1.9b $1.9b $2.0b $2.0b $2.0b $1.0b
Diluted (in shares) — — $255.0m $870.0m $1.9b $1.9b $2.1b $2.1b $2.1b $1.1b
Weighted Average Number of Shares Outstanding, Basic — — 255.0m 870.0m 1.9b 1.9b 2.0b 2.0b 2.0b 1.0b
Basic Average Shares — — — — — $970.6m $983.9m $996.6m $1.0b $1.0b
Diluted Average Shares — — — — — $970.6m $1.1b $1.1b $1.1b $1.1b
Weighted Average Number of Shares Outstanding, Diluted — — 255.0m 870.0m 1.9b 1.9b 2.1b 2.1b 2.1b 1.1b
Additional Financial Items
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — $5.0m $0 $0 $7.2m $0 $0 $0 —
Goodwill, Impairment Loss — — — — — $0 $0 $0 $0 —
Income/(Loss) from operations — ($1.1b) ($1.9b) ($669.3m) ($1.0b) ($3.7b) $7.4b $7.0b ($521.1m) ($3.8b)
Others, net — ($3.1m) $1.9m $29.4m $187.3m $625.6m $1.0b $664.3m $67.4m —
Foreign currency translation adjustment, net of nil tax — — — ($1.0b) ($516.7m) $1.3b ($30.8m) $53.1m ($653.4m) —
Comprehensive income attributable to ordinary shareholders of Li Auto Inc. — ($1.8b) ($3.3b) ($1.8b) ($838.1m) ($684.5m) $11.7b $8.1b $471.0m —
Depreciation Amortization Depletion Income Statement — — — — $82.8m $228.8m — — — —
Depreciation And Amortization In Income Statement — — — — $82.8m $228.8m — — — —
Diluted EPS — — — — — ($2.08) $11.10 $7.58 $1.08 ($1.80)
Diluted NI Availto Com Stockholders — — — — — ($2.0b) $11.7b $8.0b $1.1b ($1.8b)
Minority Interests — — — — — $20.1m ($105.0m) ($12.9m) ($15.0m) ($32.2m)
Normalized EBITDA — — — — — ($839.2m) $12.3b $12.6b $6.1b ($1.9b)
Normalized Income — — — — — ($2.0b) $11.7b $8.0b $1.1b ($1.8b)
Other Gand A — — — — $563.6m $904.2m — — — —
Provision For Doubtful Accounts — — — — $6.4m $2.9m — — — —
Reconciled Depreciation — — — — — $1.2b $1.8b $3.1b $4.6b $4.6b
Rent And Landing Fees — — — — $324.7m $645.8m — — — —
Salaries And Wages — — — — $1.4b $2.9b — — — —
Selling General And Administration — — — — — $5.7b $9.8b $12.2b $10.7b —
Tax Effect Of Unusual Items — — — — — $0 $0 $0 $0 $0
Tax Provision — — — — — ($127.0m) ($1.4b) $1.3b $157.7m ($295.2m)
Tax Rate For Calcs — — — — — $0 $0 $0 $0 $0
Rent Expense Supplemental — — — — $324.7m $645.8m — — — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — ($2.4b) ($25.4m) ($50.4m) ($294.7m) — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — ($20.7m) $2.2m — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — ($20.7m) $2.2m — — — — — —
Total other comprehensive (loss)/income — — — ($1.0b) ($516.7m) $1.3b ($30.8m) $53.1m ($653.4m) —
Total comprehensive income — — — ($1.2b) ($838.1m) ($704.6m) $11.8b $8.1b $486.0m —
Total Expenses — — — — — $48.9b $116.4b $137.4b $112.8b $113.2b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.