Li Ning Company Limited (HKG:2331)
Hong Kong · Delayed Price · Currency is HKD 13.63
-0.02 (-0.15%)
Aug 31, 2026, 4:08 PM HKT
Li Ning Company Balance Sheet
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash & Equivalents | 13,003 | 16,717 | 7,499 | 5,444 | 7,382 | 14,745 |
Short-Term Investments | 2,216 | 1,093 | 8,264 | 3,494 | 643.32 | 400.86 |
Cash & Short-Term Investments | 15,219 | 17,809 | 15,763 | 8,938 | 8,026 | 15,146 |
Cash Growth | -10.75% | 12.98% | 76.37% | 11.36% | -47.01% | 110.74% |
Accounts Receivable | 1,342 | 1,389 | 1,005 | 1,206 | 1,020 | 902.86 |
Other Receivables | 212.25 | 235.57 | 245.43 | 591.94 | 602.26 | 606.04 |
Receivables | 1,554 | 1,624 | 1,250 | 1,797 | 1,623 | 1,509 |
Inventory | 2,702 | 2,694 | 2,598 | 2,493 | 2,428 | 1,773 |
Prepaid Expenses | - | 97.45 | 74.97 | 95.27 | 105.72 | 109.22 |
Other Current Assets | 1,389 | 725 | 842.07 | 329.46 | 212.99 | 135.18 |
Total Current Assets | 20,864 | 22,950 | 20,528 | 13,653 | 12,395 | 18,672 |
Property, Plant & Equipment | 6,211 | 6,315 | 6,187 | 6,308 | 5,257 | 2,959 |
Long-Term Investments | 6,339 | 4,429 | 4,572 | 11,072 | 12,567 | 4,772 |
Goodwill | - | - | 72.39 | 95.92 | 107.38 | 107.38 |
Other Intangible Assets | 726.29 | 303.9 | 313.21 | 279.6 | 268.63 | 242.88 |
Long-Term Deferred Tax Assets | 1,011 | 984.54 | 949.42 | 800.96 | 693.4 | 707.58 |
Other Long-Term Assets | 3,289 | 2,732 | 3,086 | 1,998 | 2,358 | 2,814 |
Total Assets | 38,440 | 37,714 | 35,708 | 34,208 | 33,647 | 30,275 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Accounts Payable | 1,901 | 1,902 | 1,625 | 1,790 | 1,584 | 1,599 |
Accrued Expenses | 47.31 | 2,353 | 2,203 | 1,802 | 2,078 | 2,313 |
Current Portion of Leases | 575.94 | 589.6 | 551.61 | 716.67 | 667.76 | 366.97 |
Current Income Taxes Payable | 694.67 | 1,073 | 950.35 | 915.28 | 1,037 | 1,308 |
Current Unearned Revenue | 199.7 | 369 | 368.52 | 552.54 | 252.09 | 345.84 |
Other Current Liabilities | 3,975 | 1,775 | 1,887 | 1,492 | 1,622 | 1,771 |
Total Current Liabilities | 7,393 | 8,061 | 7,586 | 7,268 | 7,241 | 7,704 |
Long-Term Leases | 1,403 | 1,466 | 1,385 | 1,825 | 1,474 | 956.48 |
Long-Term Unearned Revenue | 43.97 | 44.97 | 48.99 | 71.59 | 65.59 | 62.52 |
Long-Term Deferred Tax Liabilities | 484.69 | 514.97 | 568.75 | 627.23 | 518.73 | 426.87 |
Other Long-Term Liabilities | 456.33 | - | 16.5 | 8.58 | 15.53 | 21 |
Total Liabilities | 9,782 | 10,087 | 9,605 | 9,801 | 9,315 | 9,171 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Common Stock | 235.85 | 235.85 | 235.85 | 239.55 | 240.32 | 238.76 |
Additional Paid-In Capital | 8,942 | 9,004 | 9,011 | 10,173 | 11,581 | 12,637 |
Retained Earnings | 17,474 | 17,659 | 16,123 | 14,081 | 11,848 | 7,785 |
Treasury Stock | -132.83 | -248.74 | -290.9 | -1,038 | -180.84 | - |
Comprehensive Income & Other | 2,140 | 977.65 | 1,024 | 951.77 | 840.89 | 441 |
Total Common Equity | 28,659 | 27,627 | 26,104 | 24,407 | 24,329 | 21,102 |
Minority Interest | - | - | - | - | 2.5 | 2.56 |
Shareholders' Equity | 28,659 | 27,627 | 26,104 | 24,407 | 24,332 | 21,104 |
Total Liabilities & Equity | 38,440 | 37,714 | 35,708 | 34,208 | 33,647 | 30,275 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Total Debt | 1,979 | 2,055 | 1,936 | 2,542 | 2,142 | 1,323 |
Net Cash (Debt) | 13,240 | 15,754 | 13,827 | 6,396 | 5,884 | 13,822 |
Net Cash Growth | -13.32% | 13.94% | 116.19% | 8.70% | -57.43% | 125.21% |
Net Cash Per Share | 5.12 | 6.09 | 5.35 | 2.46 | 2.23 | 5.44 |
Filing Date Shares Outstanding | 2,580 | 2,578 | 2,575 | 2,574 | 2,627 | 2,612 |
Total Common Shares Outstanding | 2,580 | 2,578 | 2,575 | 2,574 | 2,627 | 2,612 |
Working Capital | 13,471 | 14,889 | 12,942 | 6,385 | 5,154 | 10,968 |
Book Value Per Share | 11.11 | 10.72 | 10.14 | 9.48 | 9.26 | 8.08 |
Tangible Book Value | 27,932 | 27,324 | 25,718 | 24,031 | 23,953 | 20,751 |
Tangible Book Value Per Share | 10.83 | 10.60 | 9.99 | 9.34 | 9.12 | 7.94 |
Buildings | - | 3,931 | 3,301 | 1,893 | 763.15 | 831.54 |
Machinery | - | 1,523 | 1,246 | 1,101 | 827.34 | 731.99 |
Construction In Progress | - | 583.68 | 966.75 | 1,379 | 1,496 | 93.59 |
Leasehold Improvements | - | 2,641 | 2,776 | 3,121 | 2,387 | 1,924 |