Capital Expenditures for Li Auto (LI)
According to Li Auto's latest reported financial statements, the company's current capital expenditures (TTM) is $4.21B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
LI
Currently viewingCapital ExpendituresSwitch metric
Latest period
$4.21B
YoY change
-45.6%
5Y CAGR
+44.2%
Peak year (2024)
$7.73B
Cumulative capital expenditures
$29.61B
CapEx history chart for Li Auto (LI) from 2018 to 2025
CapEx history table for Li Auto (LI) from 2018 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $4.21B | -45.6% | ||
| 2024 | $7.73B | +18.8% | ||
| 2023 | $6.51B | +26.9% | ||
| 2022 | $5.13B | +48.9% | ||
| 2021 | $3.44B | +410.2% | ||
| 2020 | $675.19M | -29.1% | ||
| 2019 | $952.90M | -1.8% | ||
| 2018 | $970.73M | — |
CapEx values are taken from Li Auto's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
The 2025 reading of Li Auto (LI) capital expenditures is $4.21B – plunged 45.6% year-over-year.
Over 2020–2025 (5 years), Li Auto capital expenditures expanded at a +44.2% compound annual rate, with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, Li Auto capital expenditures plunged 45.6%, falling from $7.73B to $4.21B.
The dataset's maximum capital expenditures sits at $7.73B (2024); the minimum reading of $675.19M dates to 2020.
Li Auto (LI) sits 4th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $3.52B.
Li Auto Capital Expenditures by Year
Li Auto Capital Expenditures 2025: $4.21B
Li Auto capital expenditures in 2025 was $4.21B, plunged 45.6% below 2024.
Li Auto Capital Expenditures 2024: $7.73B
Li Auto capital expenditures in 2024 was $7.73B, grew 18.8% from 2023. This figure represents the highest annual value in the available history.
Li Auto Capital Expenditures 2023: $6.51B
Li Auto capital expenditures in 2023 was $6.51B, grew 26.9% from 2022.
Li Auto Capital Expenditures 2022: $5.13B
Li Auto capital expenditures in 2022 was $5.13B, surged 48.9% from 2021.
Li Auto Capital Expenditures 2021: $3.44B
Li Auto capital expenditures in 2021 was $3.44B.
See more financial history for Li Auto (LI).
Sector peers — CapEx
Companies in the same sector as Li Auto, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is Li Auto's capital expenditures?
- Latest reported capital expenditures for Li Auto (LI) is $4.21B (period ending December 31, 2025).
How has Li Auto capital expenditures changed year-over-year?
- Li Auto (LI) capital expenditures changed -45.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Li Auto capital expenditures?
- Li Auto (LI) capital expenditures compound annual growth rate is +44.2% over the most recent 5 years available.
When did Li Auto capital expenditures hit its highest annual value?
- Li Auto capital expenditures reached its highest annual value of $7.73B in 2024.
What was Li Auto capital expenditures in 2024?
- Li Auto (LI) capital expenditures in 2024 was $7.73B.
What was Li Auto capital expenditures in 2025?
- Li Auto (LI) capital expenditures in 2025 was $4.21B.
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