Li Auto (Li Auto) Inventories, Work In Process : $0 Mil (As of Dec. 2023)

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What is Li Auto Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Li Auto's work in process for the quarter that ended in Dec. 2023 was $0 Mil.

Li Auto Inventories, Work In Process Historical Data

The historical data trend for Li Auto's Inventories, Work In Process 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.

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Li Auto Inventories, Work In Process Chart

Li Auto Annual Data

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Inventories, Work In Process

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Li Auto Quarterly Data
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Li Auto Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Li Auto (Li Auto) Business Description

Industry

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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.