• Li Auto average quick ratio for 2023 was 1.82, a 51.6% decline from 2022.
• Li Auto average quick ratio for 2022 was 3.76, a 30.37% decline from 2021.
• Li Auto average quick ratio for 2021 was 5.4, a 19.04% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.