← Li Auto Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue — $68.1m $284.4m $1.4b $4.2b $6.6b $17.4b $19.8b $16.1b
Cost of Revenue — $54.7m $228.2m $1.2b $3.3b $5.3b $13.6b $15.7b $13.1b
Reconciled Cost Of Revenue — — — — — $36.5b $96.4b $114.8b $91.3b
Total cost of sales — — ($284.5m) ($7.9b) ($21.2b) ($36.5b) ($96.4b) ($114.8b) ($91.3b)
Gross Profit — $13.5m ($95k) $237.4m $904.1m $1.3b $3.9b $4.1b $3.0b
Research and development — ($793.7m) ($1.2b) ($1.1b) ($3.3b) ($6.8b) ($10.6b) ($11.1b) ($11.3b)
Selling, general and administrative — ($337.2m) ($689.4m) ($1.1b) ($3.5b) ($5.7b) ($9.8b) ($12.2b) ($10.7b)
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
Total operating expenses — ($1.1b) ($1.9b) ($2.2b) ($6.8b) ($12.4b) ($20.1b) ($22.6b) ($21.5b)
Operating Income (Loss) — — ($1.9b) ($102.6m) ($159.6m) ($529.9m) $1.0b $961.6m ($74.5m)
Additional Financial Items
Income (Loss) from Equity Method Investments — — ($162.7m) ($386k) ($13k) ($1.5m) ($1.3m) ($585k) ($194k)
Amortization of Intangible Assets — — $9.2m $9.0m $11.3m $19.1m $24.3m $28.9m $74.4m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — $5.0m $0 $0 $7.2m $0 $0 $0
Foreign Currency Transaction Gain (Loss), before Tax — — $32.0m ($1.0m) — — — — —
Goodwill, Impairment Loss — — — — — $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — $646.4m
Income (Loss) from Continuing Operations, Per Basic Share — — — — ($0) ($0) — — —
Income (Loss) from Continuing Operations, Per Diluted Share — — — — ($0) ($0) — — —
Income/(Loss) from operations — ($1.1b) ($1.9b) ($669.3m) ($1.0b) ($3.7b) $7.4b $7.0b ($521.1m)
Interest income and investment income, net — $68.1m $49.4m $213.6m $740.4m $976.2m $2.1b $1.8b $1.9b
Others, net — ($3.1m) $1.9m $29.4m $187.3m $625.6m $1.0b $664.3m $67.4m
Basic (in shares) — — $255.0m $870.0m $1.9b $1.9b $2.0b $2.0b $2.0b
Diluted (in shares) — — $255.0m $870.0m $1.9b $1.9b $2.1b $2.1b $2.1b
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
Diluted NI Availto Com Stockholders — — — — — ($2.0b) $11.7b $8.0b $1.1b
Interest Income — $68.1m $49.4m $213.6m $740.4m $976.2m $2.1b $1.8b $1.9b
Interest Income Non Operating — $68.1m $49.4m $213.6m $740.4m $976.2m $2.1b $1.8b $1.9b
Minority Interests — — — — — $20.1m ($105.0m) ($12.9m) ($15.0m)
Net Income From Continuing And Discontinued Operation — — — — — ($2.0b) $11.7b $8.0b $1.1b
Net Income From Continuing Operation Net Minority Interest — — — — — ($2.0b) $11.7b $8.0b $1.1b
Net Interest Income — — — — — $869.9m $2.0b $1.6b $1.8b
Normalized EBITDA — — — — — ($839.2m) $12.3b $12.6b $6.1b
Normalized Income — — — — — ($2.0b) $11.7b $8.0b $1.1b
Other Gand A — — — — $563.6m $904.2m — — —
Otherunder Preferred Stock Dividend — — — — $0 $0 — — —
Provision For Doubtful Accounts — — — — $6.4m $2.9m — — —
Reconciled Depreciation — — — — — $1.2b $1.8b $3.1b $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
Tax Provision — — — — — ($127.0m) ($1.4b) $1.3b $157.7m
Tax Rate For Calcs — — — — — $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — ($2.4b) ($28.9m) ($24.0m) ($313.1m) $1.5b $1.3b $185.5m
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 — — — — —
Investment Income, Net — — $49.4m $32.7m $116.2m $141.5m $293.4m $249.3m $274.4m
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
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
Income before income tax — ($1.2b) ($2.4b) ($188.9m) ($152.8m) ($2.2b) $10.5b $9.3b $1.3b
Pre-Tax Income — ($1.2b) ($2.4b) ($188.9m) ($152.8m) ($2.2b) $10.5b $9.3b $1.3b
Net Income Continuous Operations — — — — — ($2.0b) $11.8b $8.0b $1.1b
Net Income Discontinuous Operations — — — — $0 $0 — — —
Net Income (Loss) Attributable to Parent — — ($2.4b) ($23.2m) ($50.4m) ($2.0b) $11.8b $8.0b $1.1b
Net Income (Loss) Available to Common Stockholders, Basic — — ($3.3b) ($121.4m) ($50.4m) ($291.7m) $1.6b $1.1b $160.8m
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — ($2.9m) $14.8m $1.8m $2.1m
Less: Net income attributable to noncontrolling interests — — — $5.1m $0 ($20.1m) $105.0m $12.9m $15.0m
Net Income Including Noncontrolling Interests — — — — — ($2.0b) $11.8b $8.0b $1.1b
Earnings Per Share, Basic — ($7.25) ($12.87) ($0.91) ($0.03) ($0.15) $0.84 $0.55 $0.08
Earnings Per Share, Diluted — — ($12.87) ($0.91) ($0.03) ($0.15) $0.78 $0.52 $0.08
Weighted Average Number of Shares Outstanding, Basic — — 255.0m 870.0m 1.9b 1.9b 2.0b 2.0b 2.0b
Basic Average Shares — — — — — $970.6m $983.9m $996.6m $1.0b
Diluted Average Shares — — — — — $970.6m $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
Research and Development Expense — — $1.2b $168.6m $515.7m $983.0m $1.5b $1.5b $1.6b
Selling, General and Administrative Expense — — $689.4m $171.5m $548.0m $821.4m $1.4b $1.7b $1.5b
Other Nonoperating Income (Expense) — — $1.9m $4.5m $29.4m $90.7m $147.6m $91.0m $9.6m
Marketing and Advertising Expense — — — — — — — $1.6b $1.6b
Interest Expense — ($63.5m) $83.7m $10.3m $9.9m $15.4m $12.1m ($187.8m) ($168.1m)
Interest Expense (non-operating) — — — — — $106.3m $86.3m $25.7m $24.0m
Interest Expense, Debt — — — — $3.4m — — — —
Current Income Tax Expense (Benefit) — — — — — $1.3m $446.2m $1.3b $1.1b
Income tax benefit/(expense) — — — ($22.8m) $168.6m $127.0m $1.4b ($1.3b) ($157.7m)
General And Administrative Expense — — — — $2.3b $4.4b — — —
Net Non Operating Interest Income Expense — — — — — $869.9m $2.0b $1.6b $1.8b
Operating Expense — — — — — $12.4b $20.1b $22.6b $21.5b
Other Income Expense — ($3.1m) $1.9m $29.4m $187.3m $625.6m $1.0b $664.3m $67.4m
Other Non Operating Income Expenses — ($3.1m) $1.9m $29.4m $187.3m $625.6m $1.0b $664.3m $67.4m
Rent Expense Supplemental — — — — $324.7m $645.8m — — —
Selling And Marketing Expense — — — — $1.1b $1.0b — — —
Other Operating Income (Expense), Net — — — — $0 $0 $37.2m $90.9m $67.7m
Income Tax Expense (Benefit) — — — ($3.5m) $26.5m ($18.4m) ($191.2m) $174.0m $22.6m
Total Expenses — — — — — $48.9b $116.4b $137.4b $112.8b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.