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Li Auto (Li Auto) Pretax Margin % : 10.01% (As of Dec. 2023)


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What is Li Auto Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Li Auto's Pre-Tax Income for the three months ended in Dec. 2023 was $585 Mil. Li Auto's Revenue for the three months ended in Dec. 2023 was $5,845 Mil. Therefore, Li Auto's pretax margin for the quarter that ended in Dec. 2023 was 10.01%.

The historical rank and industry rank for Li Auto's Pretax Margin % or its related term are showing as below:

LI' s Pretax Margin % Range Over the Past 10 Years
Min: -850.26   Med: -2   Max: 8.44
Current: 8.42


LI's Pretax Margin % is ranked better than
71.73% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 4.475 vs LI: 8.42

Li Auto Pretax Margin % Historical Data

The historical data trend for Li Auto's Pretax Margin % 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 Pretax Margin % Chart

Li Auto Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -850.26 -2.00 -0.57 -4.77 8.44

Li Auto Quarterly Data
Dec18 Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 5.18 8.21 8.51 10.01

Competitive Comparison of Li Auto's Pretax Margin %

For the Auto Manufacturers subindustry, Li Auto's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Li Auto's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Li Auto's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Li Auto's Pretax Margin % falls into.



Li Auto Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1463.791/17345.639
=8.44 %

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

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=584.848/5844.668
=10.01 %

* 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.


Li Auto  (NAS:LI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Li Auto Pretax Margin % Related Terms

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Li Auto (Li Auto) Business Description

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

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