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Li Ning Company
(OTC: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 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 28.68B | 27.60B | 25.80B | 22.57B | 14.46B |
| Gross Profit | 14.16B | 13.35B | 12.48B | 11.97B | 7.09B |
| EBITDA | 6.12B | 6.31B | 6.97B | 6.53B | 3.31B |
| Net Income | 3.01B | 3.19B | 4.06B | 4.01B | 1.70B |
Balance Sheet | |||||
| Total Assets | 35.71B | 34.21B | 33.65B | 30.27B | 14.59B |
| Cash, Cash Equivalents and Short-Term Investments | 15.76B | 8.94B | 8.03B | 15.15B | 7.19B |
| Total Debt | 1.94B | 2.54B | 2.14B | 1.32B | 1.05B |
| Total Liabilities | 9.60B | 9.80B | 9.31B | 9.17B | 5.90B |
| Stockholders Equity | 26.10B | 24.41B | 24.33B | 21.10B | 8.69B |
Cash Flow | |||||
| Free Cash Flow | 3.76B | 2.87B | 2.08B | 5.50B | 2.02B |
| Operating Cash Flow | 5.27B | 4.69B | 3.91B | 6.53B | 2.76B |
| Investing Cash Flow | -839.62M | -2.45B | -9.48B | -6.54B | -991.55M |
| Financing Cash Flow | -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 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.
Li Ning Company Limited has announced the grant of 11,017,500 share options to certain directors and eligible participants under its Share Option Scheme. These options, representing approximately 0.43% of the total shares in issue, are exercisable at a price of HK$16.14 per share and are subject to a vesting schedule from 2026 to 2029. The announcement highlights the company’s commitment to aligning the interests of its management and stakeholders, potentially enhancing its market positioning and operational effectiveness.
Li Ning Company Limited reported a low-single-digit increase in retail sell-through for the second quarter of 2025, with e-commerce showing mid-single-digit growth, despite a decline in offline retail channels. The total number of Li Ning POS in China saw a net decrease, reflecting strategic adjustments in their retail operations.
Li Ning Company Limited announced the successful passage of all resolutions at its Annual General Meeting held on June 12, 2025. Key resolutions included the adoption of financial statements, declaration of a final dividend, and re-election of directors. The approval of these resolutions reflects strong shareholder support and positions the company for continued operational stability and strategic growth.
Li Ning Company Limited has announced a final cash dividend of RMB 0.2073 per share for the financial year ending December 31, 2024. The dividend, approved on June 12, 2025, will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.093, amounting to HKD 0.2266 per share. The ex-dividend date is set for June 16, 2025, with the payment date scheduled for June 27, 2025. This announcement reflects the company’s financial health and commitment to delivering shareholder value.
Li Ning Company Limited has outlined the terms of reference for its Audit Committee, emphasizing the importance of governance and oversight in its operations. The committee, composed solely of non-executive directors, is tasked with maintaining the integrity of financial reporting and ensuring the independence of the external auditor. This move is aimed at strengthening the company’s audit processes and enhancing transparency, which is crucial for maintaining investor confidence and regulatory compliance.
Li Ning Company Limited has updated the terms of reference for its Remuneration Committee, which is responsible for advising on the remuneration policies for directors and senior management. The committee, composed mainly of independent non-executive directors, will ensure fair and transparent remuneration practices, aligning with corporate goals and industry standards, while safeguarding against conflicts of interest.
Li Ning Company Limited has revised the terms of reference for its Nomination Committee, which is responsible for formulating nomination policies for Board members and Senior Management. The committee’s duties include reviewing the Board’s structure, size, and diversity, evaluating the Group’s organizational strategy, and recommending suitable candidates for directorships and senior management positions. These changes aim to enhance the company’s governance and ensure alignment with its corporate strategy.
Li Ning Company Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 12, 2025, in Hong Kong. Key resolutions include the adoption of the 2024 financial statements, the declaration of a final dividend, re-election of independent non-executive directors, and the appointment of Ernst & Young as the company’s auditor. Additionally, the company seeks shareholder approval for a general mandate to issue additional shares, which could impact its capital structure and market positioning.