Li Auto Inc Ordinary Shares - Class A 02015

Morningstar Rating
HK$42.62 −2.42 (5.37%)
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Company Report

Price vs Fair Value

02015 is trading at a LOCK|$mj??W premium.
Price
HK$42.62
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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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.

Trading Information

Previous Close Price
HK$45.04
Day Range
HK$42.42–44.14
52-Week Range
HK$42.42–100.90
Bid/Ask
HK$42.60 / HK$42.62
Shares Outstanding
1.95B
Market Cap
HK$83.30B
Volume/Avg
9M / 10M

Key Statistics

Price/Earnings (Normalized)
41.10
Price/Sales
0.80
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

Competitors

Valuation

Metric
02015
NIO
01211
Price/Earnings (Normalized)
41.10—20.74
Price/Book Value
1.1814.242.49
Price/Sales
0.800.510.80
Price/Cash Flow
——5.31
Price/Earnings
02015
NIO
01211

Financial Strength

Metric
02015
NIO
01211
Quick Ratio
1.570.680.39
Current Ratio
1.811.020.87
Interest Coverage
−30.15−4.1110.27
Quick Ratio
02015
NIO
01211

Profitability

Metric
02015
NIO
01211
Return on Assets (Normalized)
−2.46%−3.39%3.80%
Return on Equity (Normalized)
−5.24%−135.01%14.99%
Return on Invested Capital (Normalized)
−5.69%−9.12%9.68%
Return on Assets
02015
NIO
01211

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