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Li Ning Company
(2331)
Li Ning Company (2331) vs. iShares MSCI Hong Kong ETF (EWH)
Li Ning Company Business Overview & Revenue Model
Li Ning Company Earnings Call Summary
Li Ning Company Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 29.15B | 28.68B | 27.60B | 25.80B | 22.57B | 14.46B |
| Gross Profit | 14.34B | 14.16B | 13.35B | 12.48B | 11.97B | 7.09B |
| EBITDA | 6.22B | 6.12B | 6.31B | 6.97B | 6.53B | 3.31B |
| Net Income | 2.80B | 3.01B | 3.19B | 4.06B | 4.01B | 1.70B |
Balance Sheet | ||||||
| Total Assets | 36.78B | 35.71B | 34.21B | 33.65B | 30.27B | 14.59B |
| Cash, Cash Equivalents and Short-Term Investments | 17.05B | 15.76B | 8.94B | 8.03B | 15.15B | 7.19B |
| Total Debt | 1.78B | 1.94B | 2.54B | 2.14B | 1.32B | 1.05B |
| Total Liabilities | 9.61B | 9.60B | 9.80B | 9.31B | 9.17B | 5.90B |
| Stockholders Equity | 27.17B | 26.10B | 24.41B | 24.33B | 21.10B | 8.69B |
Cash Flow | ||||||
| Free Cash Flow | 3.52B | 3.76B | 2.87B | 2.08B | 5.50B | 2.02B |
| Operating Cash Flow | 4.95B | 5.27B | 4.69B | 3.91B | 6.53B | 2.76B |
| Investing Cash Flow | 3.14B | -839.62M | -2.45B | -9.48B | -6.54B | -991.55M |
| Financing Cash Flow | -2.33B | -2.32B | -4.22B | -1.89B | 7.60B | -513.49M |
Li Ning Company Technical Analysis
Li Ning Company Peers Comparison
Li Ning Company Corporate Events
Li Ning Company Limited reported a mid-single-digit decline in retail sell-through for the third quarter of 2025, with offline channels experiencing a high-single-digit drop. However, e-commerce saw a high-single-digit growth. The total number of LI-NING POS in China increased by 33 since the previous quarter, while LI-NING YOUNG POS saw a net increase of 45. Despite these changes, the announcement is based on unaudited data, and stakeholders are advised to exercise caution.
The most recent analyst rating on (HK:2331) stock is a Buy with a HK$19.50 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
The recent earnings call of Li Ning Company Limited presented a balanced mix of optimism and challenges. The company reported growth in revenue and strong performance in its footwear and accessories segments, particularly in e-commerce and professional running shoes. However, the apparel and basketball categories faced hurdles, with declining gross profit and net margins. Strategic partnerships and a robust cash position were highlighted as positive indicators for future growth.
Li Ning Company Limited has issued a clarification announcement regarding its 2025 Interim Results, specifically addressing the arrangement of the closure of the register of members and the declaration of an interim dividend. The interim dividend is set at RMB33.59 cents per ordinary share, payable in Hong Kong Dollars, and will be distributed to shareholders and holders of convertible securities based on specific record dates in September 2025. This announcement ensures transparency in the company’s dividend distribution process and maintains confidence among stakeholders.
The most recent analyst rating on (HK:2331) stock is a Buy with a HK$19.50 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited has announced an interim cash dividend of RMB 0.3359 per share for the six months ending June 30, 2025, which will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.095842. The dividend reflects the company’s financial health and commitment to returning value to shareholders, with the payment date set for September 16, 2025, following a record date of September 8, 2025.
The most recent analyst rating on (HK:2331) stock is a Buy with a HK$19.50 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited, a prominent player in the sportswear industry, is engaged in the design, manufacture, and distribution of sports-related footwear, apparel, equipment, and accessories primarily in China. In its recent earnings report for the first half of 2025, Li Ning Company Limited announced a revenue increase of 3.3% to RMB14.8 billion, despite a slight decline in net profit attributable to equity holders, which fell by 11% to RMB1.74 billion. The company’s gross profit margin experienced a minor decline to 50%, while EBITDA margin stood at 23.7%. Li Ning’s e-commerce channels showed robust growth, contributing significantly to the overall revenue increase, while sales from franchised distributors also rose. However, revenue from direct operations saw a decline, reflecting challenges in the retail sector. Looking ahead, Li Ning remains focused on optimizing its channel structure and enhancing brand competitiveness, with management expressing confidence in achieving sustainable growth through strategic investments and operational improvements.
Li Ning Company Limited reported a 3.3% increase in revenue to RMB14,817 million for the first half of 2025, despite a slight decline in gross profit margin. The company’s net profit attributable to equity holders was RMB1,737 million, with a net profit margin of 11.7%. The board declared an interim dividend of RMB33.59 cents per share. Operationally, the company saw low-single-digit growth in retail sell-through across its platforms, with a healthy inventory turnover and a strong performance of new products in offline channels. These results indicate stable financial health and effective inventory management, positioning the company well in the competitive sportswear market.
The most recent analyst rating on (HK:2331) stock is a Buy with a HK$19.50 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited has announced an interim cash dividend of RMB 0.3359 per share for the six months ending June 30, 2025, with a payment date set for September 5, 2025. This announcement reflects the company’s financial health and commitment to providing returns to its shareholders, potentially enhancing its attractiveness to investors and strengthening its position in the competitive sportswear market.
The most recent analyst rating on (HK:2331) stock is a Buy with a HK$19.50 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited has announced that its board of directors will convene on August 21, 2025, to approve the interim results for the first half of the year and consider declaring an interim dividend. This meeting is significant as it will provide insights into the company’s financial performance and strategic decisions, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (HK:2331) stock is a Hold with a HK$15.90 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.