Li Ning Company Limited (LNNGY)

Li Ning Company Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	6,147	5,444	7,382	14,745	7,187	5,961
Short-Term Investments	6,570	3,494	643.32	400.86	-	-
Cash & Short-Term Investments	12,716	8,938	8,026	15,146	7,187	5,961
Cash Growth	42.10%	11.36%	-47.01%	110.74%	20.56%	62.37%
Accounts Receivable	1,211	1,206	1,020	902.86	658.8	686.61
Other Receivables	743.86	591.94	602.26	606.04	65.2	39.48
Receivables	1,954	1,797	1,623	1,509	723.99	726.08
Inventory	2,313	2,493	2,428	1,773	1,346	1,407
Prepaid Expenses	100.23	95.27	105.72	109.22	-	-
Other Current Assets	314.85	329.46	212.99	135.18	519.99	444.53
Total Current Assets	17,399	13,653	12,395	18,672	9,777	8,539
Property, Plant & Equipment	6,323	6,308	5,257	2,959	2,131	2,020
Long-Term Investments	6,988	11,072	12,567	4,772	1,356	1,057
Goodwill	95.92	95.92	107.38	107.38	103.08	103.08
Other Intangible Assets	312.79	279.6	268.63	242.88	254.04	162.41
Long-Term Deferred Tax Assets	917.05	800.96	693.4	707.58	590.64	431.72
Other Long-Term Assets	3,500	1,998	2,358	2,814	382.43	234.07
Total Assets	35,536	34,208	33,647	30,275	14,594	12,547
Accounts Payable	1,706	1,790	1,584	1,599	1,227	1,348
Accrued Expenses	2,238	1,802	2,078	2,313	1,385	1,171
Current Portion of Leases	622.94	716.67	667.76	366.97	360.9	336.87
Current Income Taxes Payable	771.25	915.28	1,037	1,308	591.86	530.64
Current Unearned Revenue	217.47	552.54	252.09	345.84	286.13	293.93
Other Current Liabilities	1,828	1,492	1,622	1,771	1,164	1,036
Total Current Liabilities	7,383	7,268	7,241	7,704	5,015	4,717
Long-Term Leases	1,547	1,825	1,474	956.48	688.64	557.45
Long-Term Unearned Revenue	60.16	71.59	65.59	62.52	64.44	53.82
Long-Term Deferred Tax Liabilities	609.22	627.23	518.73	426.87	102.74	45
Other Long-Term Liabilities	30.4	8.58	15.53	21	33.58	50.39
Total Liabilities	9,630	9,801	9,315	9,171	5,904	5,423
Common Stock	235.82	239.55	240.32	238.76	228.29	214.3
Additional Paid-In Capital	9,013	10,173	11,581	12,637	4,038	3,548
Retained Earnings	16,033	14,081	11,848	7,785	4,289	2,968
Treasury Stock	-312.74	-1,038	-180.84	-	-	-
Comprehensive Income & Other	937.31	951.77	840.89	441	131.98	391.49
Total Common Equity	25,906	24,407	24,329	21,102	8,687	7,122
Minority Interest	-	-	2.5	2.56	2.55	2.55
Shareholders' Equity	25,906	24,407	24,332	21,104	8,689	7,124
Total Liabilities & Equity	35,536	34,208	33,647	30,275	14,594	12,547
Total Debt	2,170	2,542	2,142	1,323	1,050	894.32
Net Cash (Debt)	10,546	6,396	5,884	13,822	6,138	5,067
Net Cash Growth	65.71%	8.70%	-57.43%	125.21%	21.12%	38.01%
Net Cash Per Share	4.10	2.46	2.23	5.44	2.44	2.03
Filing Date Shares Outstanding	2,574	2,574	2,627	2,612	2,474	2,290
Total Common Shares Outstanding	2,574	2,574	2,627	2,612	2,474	2,290
Working Capital	10,015	6,385	5,154	10,968	4,761	3,823
Book Value Per Share	10.06	9.48	9.26	8.08	3.51	3.11
Tangible Book Value	25,497	24,031	23,953	20,751	8,330	6,856
Tangible Book Value Per Share	9.90	9.34	9.12	7.94	3.37	2.99
Buildings	-	1,893	763.15	831.54	524.51	524.51
Machinery	-	1,101	827.34	731.99	613.01	627.22
Construction In Progress	-	1,379	1,496	93.59	43.18	0.27
Leasehold Improvements	-	3,121	2,387	1,924	1,492	1,361

Source: S&P Capital IQ. Standard template. Financial Sources.