Li Auto Inc (LI) - Net Assets
Based on the latest financial reports, Li Auto Inc (LI) has net assets worth $73.20 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($153.12 Billion) and total liabilities ($79.92 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check LI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $73.20 Billion |
| % of Total Assets | 47.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | 139.3% |
| 10-Year Change | N/A |
| Growth Volatility | 210.52 |
Li Auto Inc - Net Assets Trend (2018–2024)
This chart illustrates how Li Auto Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Li Auto Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Li Auto Inc (2018–2024)
The table below shows the annual net assets of Li Auto Inc from 2018 to 2024. For live valuation and market cap data, see LI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $71.32 Billion | +17.74% |
| 2023-12-31 | $60.58 Billion | +34.06% |
| 2022-12-31 | $45.19 Billion | +10.04% |
| 2021-12-31 | $41.06 Billion | +37.78% |
| 2020-12-31 | $29.80 Billion | +550.57% |
| 2019-12-31 | $4.58 Billion | +291.22% |
| 2018-12-31 | $-2.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Li Auto Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1332726600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.92 Billion | 15.41% |
| Common Stock | $1.45 Million | 0.00% |
| Other Comprehensive Income | $-171.75 Million | -0.24% |
| Other Components | $60.13 Billion | 84.83% |
| Total Equity | $70.87 Billion | 100.00% |
Li Auto Inc Competitors by Market Cap
The table below lists competitors of Li Auto Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clean Harbors Inc
NYSE:CLH
|
$14.69 Billion |
|
PTT Exploration and Production Public Company Limited
F:NVAL
|
$14.69 Billion |
|
Dick’s Sporting Goods Inc
NYSE:DKS
|
$14.71 Billion |
|
Aier Eye Hospital Group
SHE:300015
|
$14.71 Billion |
|
Futu Holdings Ltd
NASDAQ:FUTU
|
$14.68 Billion |
|
TKO Group Holdings, Inc.
NYSE:TKO
|
$14.68 Billion |
|
Boliden AB
ST:BOL
|
$14.67 Billion |
|
Continental Aktiengesellschaft
F:CON
|
$14.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Li Auto Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 60,142,624,000 to 70,874,884,000, a change of 10,732,260,000 (17.8%).
- Net income of 8,035,832,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 391,457,000.
- Other factors increased equity by 3,087,885,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.04 Billion | +11.34% |
| Other Comprehensive Income | $-391.46 Million | -0.55% |
| Other Changes | $3.09 Billion | +4.36% |
| Total Change | $- | 17.84% |
Book Value vs Market Value Analysis
This analysis compares Li Auto Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.26x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-2.65 | $17.57 | x |
| 2019-12-31 | $5.06 | $17.57 | x |
| 2020-12-31 | $32.93 | $17.57 | x |
| 2021-12-31 | $44.31 | $17.57 | x |
| 2022-12-31 | $46.22 | $17.57 | x |
| 2023-12-31 | $56.86 | $17.57 | x |
| 2024-12-31 | $66.57 | $17.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Li Auto Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.34%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.56%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.29x
- Recent ROE (11.34%) is above the historical average (-4.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.35 Billion |
| 2019 | -53.09% | -857.53% | 0.03x | 2.08x | $-2.89 Billion |
| 2020 | -0.54% | -1.79% | 0.25x | 1.22x | $-3.14 Billion |
| 2021 | -0.77% | -1.19% | 0.43x | 1.51x | $-4.42 Billion |
| 2022 | -4.56% | -4.44% | 0.53x | 1.93x | $-6.53 Billion |
| 2023 | 19.46% | 9.45% | 0.86x | 2.39x | $5.69 Billion |
| 2024 | 11.34% | 5.56% | 0.89x | 2.29x | $948.34 Million |
Industry Comparison
This section compares Li Auto Inc's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $1,253,988,794
- Average return on equity (ROE) among peers: -138.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Li Auto Inc (LI) | $73.20 Billion | 0.00% | 1.09x | $14.68 Billion |
| Thunder Power Holdings, Inc. (AIEV) | $-604.50K | 0.00% | 0.00x | $710.14K |
| Robo.ai Inc. (AIIO) | $-55.49 Million | 0.00% | 0.00x | $157.68 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $1.84K |
| AYRO Inc (AYRO) | $12.27 Million | -14.31% | 0.77x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $156.96 Million | -471.17% | 0.93x | $40.49K |
| Cenntro Electric Group Ltd (CENN) | $171.89 Million | -64.05% | 0.56x | $9.80 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $171.66 Million | -16.96% | 4.55x | $3.81 Million |
| China Yuchai International Limited (CYD) | $11.84 Billion | 1.85% | 1.04x | $1.50 Billion |
| Digital Currency X Technology Inc. (DCX) | $16.13 Million | -479.02% | 39.53x | $2.99 Million |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About Li Auto Inc
Li Auto Inc. operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises multi-purpose vehicles and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as manufacturing equipment. The … Read more