Li Auto (LAAOF) Asset Writedowns and Impairment (2021 - 2023)

Li Auto (LAAOF) posted quarterly Asset Writedowns and Impairment of $189748.2 for Q2 2023, down 72.98% year-over-year from $702126.2 in Q2 2022, and up 36.5% on a QoQ basis from $139010.6 in Q1 2023.

Li Auto (LAAOF) Asset Writedowns and Impairment (2021 - 2023) Analysis & Trends

Li Auto (LAAOF) has reported Asset Writedowns and Impairment for 3 consecutive years, with $189748.2 the latest figure, recorded in Q2 2023.

  • In Q2 2023, Asset Writedowns and Impairment fell 72.98% year-over-year to $189748.2; the TTM figure through Jun 2023 stood at $252895.6 (down 43.15% YoY), while the FY2025 annual figure was $275000.0, up 58.96% from the prior year.
  • Asset Writedowns and Impairment came in at $189748.2 for Q2 2023 at Li Auto, up from $139010.6 in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $1.7 million in Q3 2022, with the low at -$1.8 million in Q4 2022.
  • Average Asset Writedowns and Impairment over 3 years is $83453.1, with a median of $130014.8 recorded in 2021.
  • The largest YoY upside for Asset Writedowns and Impairment was 480.18% in 2022 against a maximum downside of 824.94% in 2022.
  • Year by year, Asset Writedowns and Impairment stood at -$557756.6 in 2021, then sank by 214.18% to -$1.8 million in 2022, then jumped by 110.83% to $189748.2 in 2023.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $189748.2, $139010.6, and -$1.8 million for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn
10 Li Auto - - 262.11 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 189,748.24
Jun 30, 2023 189,748.24
Mar 31, 2023 139,010.58
Mar 31, 2023 139,010.58
Dec 31, 2022 -1.75 Mn
Dec 31, 2022 -1.75 Mn
Sep 30, 2022 1.68 Mn
Sep 30, 2022 1.68 Mn
Jun 30, 2022 702,126.22
Jun 30, 2022 702,126.22
Mar 31, 2022 -114,073.70
Mar 31, 2022 -114,073.70
Dec 31, 2021 -557,756.60
Dec 31, 2021 -557,756.60
Sep 30, 2021 414,585.26
Sep 30, 2021 414,585.26
Jun 30, 2021 121,018.98
Jun 30, 2021 121,018.98
Mar 31, 2021 15,735.60
Mar 31, 2021 15,735.60