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 Income Statement
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 | 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 |
| 30,017 | 29,598 | 28,676 | 27,598 | 25,803 | 22,572 | |
Revenue Growth | 2.98% | 3.22% | 3.90% | 6.96% | 14.31% | 56.13% |
Cost of Revenue | 15,192 | 15,110 | 14,520 | 14,246 | 13,319 | 10,603 |
Gross Profit | 14,825 | 14,489 | 14,156 | 13,352 | 12,485 | 11,969 |
Selling, General & Admin | 11,183 | 10,820 | 10,627 | 10,336 | 8,428 | 7,246 |
Other Operating Expenses | -396.46 | -444.08 | -429.29 | -438.52 | -610.79 | -279.98 |
Operating Expenses | 10,792 | 10,373 | 10,206 | 9,877 | 7,794 | 6,947 |
Operating Income | 4,033 | 4,116 | 3,950 | 3,475 | 4,691 | 5,023 |
Interest Expense | -137.75 | -128.85 | -156.53 | -160.49 | -102.43 | -64.45 |
Interest & Investment Income | 223.02 | 296.71 | 429.53 | 476.74 | 353.99 | 145.1 |
Earnings From Equity Investments | 215.23 | 257.9 | 256.3 | 377.97 | 201.16 | 159.22 |
Currency Exchange Gain (Loss) | -131.52 | -91.84 | -73.89 | 23.82 | 93.76 | -30.46 |
Other Non Operating Income (Expenses) | -52.45 | -45.14 | -20.57 | -21.91 | -16.93 | -21.77 |
EBT Excluding Unusual Items | 4,149 | 4,405 | 4,385 | 4,171 | 5,221 | 5,210 |
Merger & Restructuring Charges | - | - | - | - | - | -2.32 |
Gain (Loss) on Sale of Investments | 17.93 | 53.37 | 58.28 | 85.15 | 194.38 | 120.37 |
Asset Writedown | -209.39 | -269.02 | -333.37 | - | - | - |
Pretax Income | 4,030 | 4,189 | 4,110 | 4,256 | 5,415 | 5,328 |
Income Tax Expense | 1,016 | 1,253 | 1,097 | 1,069 | 1,351 | 1,317 |
Earnings From Continuing Operations | 3,015 | 2,936 | 3,013 | 3,187 | 4,064 | 4,011 |
Net Income to Company | 3,015 | 2,936 | 3,013 | 3,187 | 4,064 | 4,011 |
Minority Interest in Earnings | - | - | - | -0.05 | 0.06 | -0.01 |
Net Income | 3,015 | 2,936 | 3,013 | 3,187 | 4,064 | 4,011 |
Net Income to Common | 3,015 | 2,936 | 3,013 | 3,187 | 4,064 | 4,011 |
Net Income Growth | 7.73% | -2.56% | -5.46% | -21.58% | 1.32% | 136.15% |
Shares Outstanding (Basic) | 2,579 | 2,577 | 2,576 | 2,586 | 2,615 | 2,505 |
Shares Outstanding (Diluted) | 2,586 | 2,586 | 2,586 | 2,598 | 2,633 | 2,539 |
Shares Change | 0.01% | 0.01% | -0.48% | -1.33% | 3.71% | 1.08% |
EPS (Basic) | 1.17 | 1.14 | 1.17 | 1.23 | 1.55 | 1.60 |
EPS (Diluted) | 1.17 | 1.14 | 1.17 | 1.23 | 1.54 | 1.58 |
EPS Growth | 7.71% | -2.57% | -5.01% | -20.53% | -2.30% | 133.62% |
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 |
Free Cash Flow | 2,704 | 3,629 | 3,837 | 2,761 | 1,869 | 4,765 |
Free Cash Flow Per Share | 1.05 | 1.40 | 1.48 | 1.06 | 0.71 | 1.88 |
Dividend Per Share | 0.585 | 0.570 | 0.585 | 0.547 | 0.463 | 0.460 |
Dividend Growth | 7.66% | -2.62% | 6.83% | 18.31% | 0.65% | 124.68% |
Gross Margin | 49.39% | 48.95% | 49.37% | 48.38% | 48.38% | 53.03% |
Operating Margin | 13.44% | 13.91% | 13.77% | 12.59% | 18.18% | 22.25% |
Profit Margin | 10.04% | 9.92% | 10.51% | 11.55% | 15.75% | 17.77% |
Free Cash Flow Margin | 9.01% | 12.26% | 13.38% | 10.00% | 7.24% | 21.11% |
EBITDA | 4,863 | 4,950 | 5,153 | 4,573 | 5,505 | 5,679 |
EBITDA Margin | 16.20% | 16.73% | 17.97% | 16.57% | 21.33% | 25.16% |
D&A For EBITDA | 830.53 | 834.13 | 1,204 | 1,098 | 813.6 | 656.71 |
EBIT | 4,033 | 4,116 | 3,950 | 3,475 | 4,691 | 5,023 |
EBIT Margin | 13.44% | 13.91% | 13.77% | 12.59% | 18.18% | 22.25% |
Effective Tax Rate | 25.21% | 29.92% | 26.69% | 25.12% | 24.95% | 24.72% |