Li Ning Company Ratios and Metrics

Market cap in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 1, 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
Market Capitalization	55,939	48,084	42,380	54,726	178,166	222,905
Market Cap Growth	22.47%	13.46%	-22.56%	-69.28%	-20.07%	69.10%
Enterprise Value	38,408	31,346	31,049	47,849	167,318	216,619
Last Close Price	21.72	18.67	15.90	19.39	61.54	76.87
PE Ratio	17.19	14.72	13.22	15.59	38.78	45.28
Forward PE	15.91	15.45	11.85	11.62	28.78	40.82
PS Ratio	1.70	1.46	1.39	1.80	6.11	8.05
PB Ratio	1.82	1.56	1.53	2.04	6.48	8.61
P/TBV Ratio	1.84	1.58	1.55	2.07	6.58	8.75
P/FCF Ratio	-	8.91	10.38	17.99	84.32	38.11
P/OCF Ratio	10.36	8.91	7.56	10.60	40.27	27.83
PEG Ratio	5.09	7.20	10.51	1.57	1.56	0.90
EV/Sales Ratio	1.17	0.95	1.02	1.57	5.74	7.82
EV/EBITDA Ratio	6.00	5.64	5.66	9.50	26.89	31.07
EV/EBIT Ratio	7.89	6.85	7.39	12.50	31.55	35.14
EV/FCF Ratio	-	5.81	7.60	15.73	79.18	37.04
Debt / Equity Ratio	0.07	0.07	0.07	0.10	0.09	0.06
Debt / EBITDA Ratio	0.37	0.37	0.34	0.48	0.35	0.22
Debt / FCF Ratio	0.42	0.42	0.51	0.92	1.15	0.28
Net Debt / Equity Ratio	-0.57	-0.57	-0.53	-0.26	-0.24	-0.65
Net Debt / EBITDA Ratio	-3.16	-3.16	-2.68	-1.40	-1.07	-2.43
Net Debt / FCF Ratio	-3.25	-3.25	-3.60	-2.32	-3.15	-2.90
Asset Turnover	0.81	0.81	0.82	0.81	0.81	1.01
Inventory Turnover	5.71	5.71	5.70	5.79	6.34	6.80
Quick Ratio	2.41	2.41	2.31	1.48	1.33	2.16
Current Ratio	2.85	2.85	2.71	1.88	1.71	2.42
Return on Equity (ROE)	10.93%	10.93%	11.93%	13.08%	17.89%	26.92%
Return on Assets (ROA)	7.00%	7.00%	7.06%	6.40%	9.17%	13.99%
Return on Invested Capital (ROIC)	24.28%	23.88%	19.12%	14.27%	27.37%	76.89%
Return on Capital Employed (ROCE)	13.90%	13.90%	14.00%	12.90%	17.80%	22.30%
Earnings Yield	5.84%	6.79%	7.56%	6.42%	2.58%	2.21%
FCF Yield	-	11.23%	9.63%	5.56%	1.19%	2.62%
Dividend Yield	2.98%	3.39%	3.91%	3.11%	0.85%	0.73%
Payout Ratio	-	-	47.93%	68.24%	29.40%	12.85%
Buyback Yield / Dilution	-0.01%	-0.01%	0.48%	1.33%	-3.71%	-1.08%
Total Shareholder Return	2.97%	3.38%	4.39%	4.44%	-2.86%	-0.35%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.