Li Auto (Li Auto) Total Assets : $20,093 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Li Auto Total Assets?

Li Auto's Total Assets for the quarter that ended in Dec. 2023 was $20,093 Mil.

During the past 12 months, Li Auto's average Total Assets Growth Rate was 30.70% per year. During the past 3 years, the average Total Assets Growth Rate was 68.20% per year. During the past 5 years, the average Total Assets Growth Rate was 57.60% per year.

During the past 6 years, Li Auto's highest 3-Year average Total Assets Growth Rate was 71.90%. The lowest was 47.20%. And the median was 68.20%.

Total Assets is connected with ROA %. Li Auto's annualized ROA % for the quarter that ended in Dec. 2023 was 17.34%. Total Assets is also linked to Revenue through Asset Turnover. Li Auto's Asset Turnover for the quarter that ended in Dec. 2023 was 0.32.

Li Auto Total Assets Historical Data

The historical data trend for Li Auto's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Li Auto Total Assets Chart

Li Auto Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

1,356.41

5,562.26

9,710.47

12,412.75

20,092.92

Li Auto Quarterly Data
	Dec18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial														12,412.75	13,642.98	14,399.97	16,461.67	20,092.92

Li Auto Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Li Auto's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	8483.687	+	11609.233
	=	20,093

Li Auto's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	8483.687	+	11609.233
	=	20,093

Li Auto (NAS:LI) Total Assets Explanation

Total Assets is connected with ROA %.

Li Auto's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	3169.704	/	( (16461.671	+	20092.921)	/ 2 )
	=	3169.704	/	18277.296
	=	17.34 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Li Auto's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	5844.668	/	( (16461.671	+	20092.921)	/ 2 )
=	5844.668	/	18277.296
=	0.32

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Li Auto Total Assets Related Terms

Thank you for viewing the detailed overview of Li Auto's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Li Auto (Li Auto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Li Auto Inc (NAS:LI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LIA:Mexico 02015:Hong Kong L87:Germany L87A:Germany L87A:Germany

Address

11 Wenliang Street, Shunyi District, Beijing, CHN, 101399

Website

https://www.lixiang.com

Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 133,000 NEVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base.