Li Ning Co., Ltd. engages in the provision of sporting goods. The company is headquartered in Beijing, Beijing and currently employs 5,099 full-time employees. The company went IPO on 2004-06-28. The firm is principally engaged in the operation of professional and leisure footwear, apparel, equipment and accessories under the LI-NING brand. The firm is also engaged in the manufacturing, development, marketing, distribution and sales of various sports products which are self-owned by or licensed to the Group, including Double Happiness (table tennis), AIGLE (outdoor sports) and Kason (badminton), which are operated through joint venture/associate with third parties of the Group. The firm principally conducts its businesses in domestic and overseas markets.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
29,147
28,675
27,598
25,803
22,572
14,456
Revenue Growth (YoY)
4%
4%
7%
14%
56%
4%
Cost of Revenue
14,811
14,519
14,246
13,318
10,603
7,362
Gross Profit
14,335
14,156
13,352
12,484
11,969
7,094
Selling, General & Admin
9,809
9,586
9,348
7,707
6,671
4,756
Research & Development
--
--
--
--
--
--
Operating Expenses
10,132
10,116
9,814
7,731
6,906
5,008
Other Non Operating Income (Expenses)
-26
-25
-20
-18
-17
-12
Pretax Income
4,102
4,109
4,256
5,415
5,328
2,247
Income Tax Expense
1,304
1,096
1,069
1,351
1,317
549
Net Income
2,798
3,012
3,186
4,063
4,010
1,698
Net Income Growth
-7%
-5%
-22%
1%
136%
13%
Shares Outstanding (Diluted)
2,585.9
2,585.67
2,598.13
2,633.08
2,538.95
2,511.74
Shares Change (YoY)
0%
0%
-1%
4%
1%
1%
EPS (Diluted)
1.08
1.17
1.23
1.54
1.58
0.68
EPS Growth
-8%
-5%
-20%
-3%
132%
13%
Free Cash Flow
3,519
3,764
2,672
1,795
4,722
2,116
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
49.18%
49.36%
48.38%
48.38%
53.02%
49.07%
Operating Margin
14.41%
14.08%
12.81%
18.42%
22.42%
14.42%
Profit Margin
9.59%
10.5%
11.54%
15.74%
17.76%
11.74%
Free Cash Flow Margin
12.07%
13.12%
9.68%
6.95%
20.91%
14.63%
EBITDA
4,830
5,810
5,369
6,145
6,153
3,093
EBITDA Margin
16.57%
20.26%
19.45%
23.81%
27.25%
21.39%
D&A For EBITDA
628
1,771
1,832
1,392
1,091
1,008
EBIT
4,202
4,039
3,537
4,753
5,062
2,085
EBIT Margin
14.41%
14.08%
12.81%
18.42%
22.42%
14.42%
Effective Tax Rate
31.78%
26.67%
25.11%
24.94%
24.71%
24.43%
Follow-Up Questions
What are Li Ning Company Limited's key financial statements?
According to the latest financial statement (Form-10K), Li Ning Company Limited has a total asset of $35,708, Net profit of $3,012
What are the key financial ratios for LNNGF?
Li Ning Company Limited's Current ratio is 3.71, has a Net margin is 10.5, sales per share of $11.08.
How is Li Ning Company Limited's revenue broken down by segment or geography?
Li Ning Company Limited largest revenue segment is Other Regions, at a revenue of 530,849,000 in the most earnings release.For geography, Other Regions is the primary market for Li Ning Company Limited, at a revenue of 530,849,000.
Is Li Ning Company Limited profitable?
yes, according to the latest financial statements, Li Ning Company Limited has a net profit of $3,012
Does Li Ning Company Limited have any liabilities?
yes, Li Ning Company Limited has liability of 9,604
How many outstanding shares for Li Ning Company Limited?
Li Ning Company Limited has a total outstanding shares of 2,575.45