Li Ning Company Limited (HKG:2331)
Hong Kong · Delayed Price · Currency is HKD 14.89
+0.36 (2.48%)
Aug 10, 2026, 4:08 PM HKT
Li Ning Company Financials Overview
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 29,598 | 29,598 | 28,676 | 27,598 | 25,803 | 22,572 |
Revenue Growth | 1.55% | 3.22% | 3.90% | 6.96% | 14.31% | 56.13% |
Gross Profit Gross Profit Growth | 14,489 | 14,489 | 14,156 | 13,352 | 12,485 | 11,969 |
Operating Income Operating Income Growth | 4,116 | 4,116 | 3,950 | 3,475 | 4,691 | 5,023 |
Net Income Net Income Growth | 2,936 | 2,936 | 3,013 | 3,187 | 4,064 | 4,011 |
Earnings Per Share EPS Growth | 1.14 | 1.14 | 1.17 | 1.23 | 1.54 | 1.58 |
EPS Growth | 4.91% | -2.57% | -5.01% | -20.53% | -2.30% | 133.62% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Other Regions Other Regions Growth | 427.08 | 427.08 | 530.85 | 531.6 | 455.79 | 296.2 |
Sales to Franchised Distributors Sales to Franchised Distributors Growth | 13,773 | 13,773 | 12,957 | 12,628 | 12,552 | 10,853 |
Sales from Direct Operation Sales from Direct Operation Growth | 6,655 | 6,655 | 6,883 | 6,907 | 5,330 | 5,010 |
Sales from E-commerce Channel Sales from E-commerce Channel Growth | 8,743 | 8,743 | 8,305 | 7,531 | 7,465 | 6,413 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 17,809 | 17,809 | 15,763 | 8,938 | 8,026 | 15,146 |
Total Debt Total Debt Growth | 2,055 | 2,055 | 1,936 | 2,542 | 2,142 | 1,323 |
Net Cash (Debt) Net Cash Growth | 15,754 | 15,754 | 13,827 | 6,396 | 5,884 | 13,822 |
Net Cash Growth | 3.14% | 13.94% | 116.19% | 8.70% | -57.43% | 125.21% |
Net Cash Per Share Net Cash Per Share Growth | 6.09 | 6.09 | 5.35 | 2.46 | 2.23 | 5.44 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 4,852 | 4,852 | 5,268 | 4,688 | 3,914 | 6,525 |
Capital Expenditures CapEx Growth | -1,222 | -1,222 | -1,431 | -1,927 | -2,044 | -1,761 |
Free Cash Flow Free Cash Flow Growth | 3,629 | 3,629 | 3,837 | 2,761 | 1,869 | 4,765 |
Free Cash Flow Growth | 0.98% | -5.42% | 38.99% | 47.70% | -60.77% | 119.64% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 48.95% | 48.95% | 49.37% | 48.38% | 48.38% | 53.03% |
Operating Margin | 13.91% | 13.91% | 13.77% | 12.59% | 18.18% | 22.25% |
Pretax Margin | 14.15% | 14.15% | 14.33% | 15.42% | 20.99% | 23.61% |
Profit Margin | 9.92% | 9.92% | 10.51% | 11.55% | 15.75% | 17.77% |
FCF Margin | 12.26% | 12.26% | 13.38% | 10.00% | 7.24% | 21.11% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 0.662 | 0.570 | 0.585 | 0.547 | 0.463 | 0.460 |
Dividend Per Share Growth | -54.83% | -2.62% | 6.83% | 18.31% | 0.65% | 124.68% |
Dividend Yield | 4.56% | 3.45% | 3.97% | 3.16% | 0.86% | 0.74% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 11.50 | 14.72 | 13.22 | 15.59 | 38.78 | 45.28 |
Forward PE | 11.25 | 15.45 | 11.85 | 11.62 | 28.78 | 40.82 |
P/FCF Ratio | 9.27 | 11.91 | 10.38 | 17.99 | 84.32 | 38.11 |
PS Ratio | 1.14 | 1.46 | 1.39 | 1.80 | 6.11 | 8.05 |