CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS ¥ in Thousands, $ in Thousands |
12 Months Ended |
|
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
|
Dec. 31, 2022
USD ($)
$ / shares
shares
|
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
|
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
|
| Revenues: |
|
|
|
|
| Total revenues |
¥ 45,286,816
|
$ 6,565,971
|
¥ 27,009,779
|
¥ 9,456,609
|
| Cost of sales: |
|
|
|
|
| Total cost of sales |
(36,496,360)
|
(5,291,474)
|
(21,248,325)
|
(7,907,270)
|
| Gross profit |
8,790,456
|
1,274,497
|
5,761,454
|
1,549,339
|
| Operating expenses: |
|
|
|
|
| Research and development |
(6,780,032)
|
(983,012)
|
(3,286,389)
|
(1,099,857)
|
| Selling, general and administrative |
(5,665,301)
|
(821,391)
|
(3,492,385)
|
(1,118,819)
|
| Total operating expenses |
(12,445,333)
|
(1,804,403)
|
(6,778,774)
|
(2,218,676)
|
| Loss from operations |
(3,654,877)
|
(529,906)
|
(1,017,320)
|
(669,337)
|
| Other (expense)/income |
|
|
|
|
| Interest expense |
(106,340)
|
(15,418)
|
(63,244)
|
(66,916)
|
| Interest income and investment income, net |
976,229
|
141,540
|
740,432
|
254,916
|
| Changes in fair value of warrants and derivative liabilities |
|
|
|
272,327
|
| Others, net |
625,633
|
90,708
|
187,320
|
20,133
|
| Loss before income tax expense |
(2,159,355)
|
(313,076)
|
(152,812)
|
(188,877)
|
| Income tax benefit/(expense) |
127,007
|
18,414
|
(168,643)
|
22,847
|
| Net loss from continuing operations |
(2,032,348)
|
(294,662)
|
(321,455)
|
(166,030)
|
| Net income from discontinued operations, net of tax |
|
|
|
14,373
|
| Net loss |
(2,032,348)
|
(294,662)
|
(321,455)
|
(151,657)
|
| Accretion on convertible redeemable preferred shares to redemption value |
0
|
|
0
|
(651,190)
|
| Effect of exchange rate changes on convertible redeemable preferred shares |
|
|
|
10,862
|
| Less: Net loss attributable to noncontrolling interests |
(20,133)
|
(2,919)
|
|
|
| Net loss attributable to ordinary shareholders of Li Auto Inc. |
(2,012,215)
|
(291,743)
|
(321,455)
|
(791,985)
|
| Including: Net loss from continuing operations attributable to ordinary shareholders |
¥ (2,012,215)
|
$ (291,743)
|
¥ (321,455)
|
(806,358)
|
| Net income from discontinued operations attributable to ordinary shareholders |
|
|
|
¥ 14,373
|
| Weighted average number of ordinary shares used in computing net loss per share |
|
|
|
|
| Basic | shares |
1,941,230,998
|
1,941,230,998
|
1,853,320,448
|
870,003,278
|
| Weighted average number of ordinary shares used in computing net loss per share - Diluted |
|
|
|
|
| Diluted | shares |
1,941,230,998
|
1,941,230,998
|
1,853,320,448
|
870,003,278
|
| Net loss per share attributable to ordinary shareholders |
|
|
|
|
| Continuing operations | (per share) |
¥ (1.04)
|
$ (0.15)
|
¥ (0.17)
|
¥ (0.93)
|
| Discontinued operations | ¥ / shares |
|
|
|
0.02
|
| Net loss per share | (per share) |
(1.04)
|
(0.15)
|
(0.17)
|
(0.91)
|
| Net loss per share attributable to ordinary shareholders - Diluted |
|
|
|
|
| Continuing operations | (per share) |
(1.04)
|
(0.15)
|
(0.17)
|
(0.93)
|
| Discontinued operations | ¥ / shares |
|
|
|
0.02
|
| Net loss per share | (per share) |
¥ (1.04)
|
$ (0.15)
|
¥ (0.17)
|
¥ (0.91)
|
| Net loss |
¥ (2,032,348)
|
$ (294,662)
|
¥ (321,455)
|
¥ (151,657)
|
| Other comprehensive (loss)/income |
|
|
|
|
| Foreign currency translation adjustment, net of tax |
1,327,761
|
192,507
|
(516,687)
|
(1,020,728)
|
| Total other comprehensive (loss)/income |
1,327,761
|
192,507
|
(516,687)
|
(1,020,728)
|
| Total comprehensive loss |
(704,587)
|
(102,155)
|
(838,142)
|
(1,172,385)
|
| Accretion on convertible redeemable preferred shares to redemption value |
0
|
|
0
|
(651,190)
|
| Effect Of Exchange Rate Changes On Convertible Redeemable Preferred Shares |
|
|
|
10,862
|
| Less: Net loss attributable to noncontrolling interests |
(20,133)
|
(2,919)
|
|
|
| Comprehensive loss attributable to ordinary shareholders of Li Auto Inc. |
(684,454)
|
(99,236)
|
(838,142)
|
(1,812,713)
|
| Vehicle sales |
|
|
|
|
| Revenues: |
|
|
|
|
| Total revenues |
44,106,434
|
6,394,832
|
26,128,469
|
9,282,703
|
| Cost of sales: |
|
|
|
|
| Total cost of sales |
(35,688,343)
|
(5,174,323)
|
(20,755,578)
|
(7,763,628)
|
| Other Sales And Services |
|
|
|
|
| Revenues: |
|
|
|
|
| Total revenues |
1,180,382
|
171,139
|
881,310
|
173,906
|
| Cost of sales: |
|
|
|
|
| Total cost of sales |
¥ (808,017)
|
$ (117,151)
|
¥ (492,747)
|
¥ (143,642)
|