Li Auto Income Statement Analysis

Revenue, earnings, and profit margins in billions CNY

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Li Auto Inc. income statement - Annual data in billions CNY
BreakdownFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Revenue & Gross Profit
Revenue144.52123.8545.2927.019.46
Cost of Revenue114.8596.35-36.5021.257.91
Gross Profit29.6727.508.795.761.55
Operating Expenses
Research & Development11.0810.59-6.783.231.08
Selling, General & Administrative12.239.77-5.673.551.11
Operating Expenses23.3120.35-12.456.782.19
Operating Income6.367.14-3.65-1.02-0.64
Other Income/Expense
Interest Income1.822.080.980.740.25
Interest Expense0.19-0.090.11-0.06-0.07
Other Income/Expense2.96-0.26-0.630.190.29
Income
Income Before Tax9.3210.45-2.16-0.15-0.19
Income Tax Expense1.27-1.36-0.130.17-0.02
Net Income8.0411.70-2.01-0.32-0.15
Net Income - Continuous Operations8.0411.81-2.03-0.320.00
Net Income - Discontinued Operations0.000.000.000.000.00
EBITDA12.5712.34-0.84-0.43-0.32
EBIT7.0210.54-2.05-1.02-0.64
Depreciation & Amortization3.061.810.230.590.32
Earnings Per Share
Basic EPS8.006.00-1.00--2.00
Diluted EPS8.006.00-1.00--2.00
Basic Shares Outstanding1.001.971.940.930.44
Diluted Shares Outstanding1.062.121.940.930.44