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Li Ning Company Limited (HK:2331)
HKEX:2331
Li Ning Company (2331) Stock Price & Analysis
6 Followers
2331 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$14.94 - HK$49.75
Previous CloseHK$23.6
Volume47.83M
Average Volume (3M)25.72M
Market Cap
HK$60.94B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)17.3
Beta1.72
Next Earnings
Aug 08, 2024EPS Estimate
HK$0.69Next Dividend Ex-Date
Jun 17, 2024Dividend Yield4.06%
Share Statistics
EPS (TTM)1.35
Shares Outstanding2,584,480,506
10 Day Avg. Volume11,486,000
30 Day Avg. Volume25,721,780
Standard Deviation0.12
R-Squared0.06
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$28.47Price Target Upside20.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Li Ning Company News
Bulls Say, Bears Say
Bulls Say
E-commerce PerformanceLi Ning's e-commerce momentum is decent, with new channels contributing to fast growth and the ability to quickly respond to marketing activities.
Product DemandNew product launches, especially in the running shoes segment, are performing well with more anticipated releases such as Way of Wade 11.
Sales GrowthLi Ning reported retail sales growth, slightly above expectations due to stronger e-commerce sales.
Bears Say
Earnings ForecastAnalyst cuts FY23F/24F earnings by 25% and revised down sales assumption, with a new target price lower than previous.
Financial Performance2023 results came in below market expectations, with dividend payout was boosted to 45%
Market ValuationThe company's valuation at 13x FY24E P/E may not seem too attractive given the slow 8% 3-year sales CAGR.
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Ownership Overview
0.00%
Insiders
13.92% Mutual Funds
5.29% Other Institutional Investors
80.79% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Li Ning Company
Desktop Users
Mobile Users
2331 FAQ
What was Li Ning Company Limited’s price range in the past 12 months?
Li Ning Company Limited lowest stock price was HK$14.94 and its highest was HK$49.75 in the past 12 months.
What is Li Ning Company Limited’s market cap?
Currently, no data Available
When is Li Ning Company Limited’s upcoming earnings report date?
Li Ning Company Limited’s upcoming earnings report date is Aug 08, 2024 which is in 78 days.
How were Li Ning Company Limited’s earnings last quarter?
Li Ning Company Limited released its earnings results on Mar 19, 2024. The company reported HK$0.444 earnings per share for the quarter, missing the consensus estimate of HK$0.556 by -HK$0.112.
Is Li Ning Company Limited overvalued?
According to Wall Street analysts Li Ning Company Limited’s price is currently Undervalued.
Does Li Ning Company Limited pay dividends?
Li Ning Company Limited pays a Annually dividend of HK$0.2 which represents an annual dividend yield of 4.06%. See more information on Li Ning Company Limited dividends here
What is Li Ning Company Limited’s EPS estimate?
Li Ning Company Limited’s EPS estimate is HK$0.69.
How many shares outstanding does Li Ning Company Limited have?
Li Ning Company Limited has 2,584,480,500 shares outstanding.
What happened to Li Ning Company Limited’s price movement after its last earnings report?
Li Ning Company Limited reported an EPS of HK$0.444 in its last earnings report, missing expectations of HK$0.556. Following the earnings report the stock price went up 1.703%.
Which hedge fund is a major shareholder of Li Ning Company Limited?
Among the largest hedge funds holding Li Ning Company Limited’s share is Gilder Gagnon Howe & Co LLC.. It holds Li Ning Company Limited’s shares valued at N/A.
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Li Ning Company Stock Smart Score
Neutral
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Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.46%
12-Months-Change
Fundamentals
Return on Equity
13.06%
Trailing 12-Months
Asset Growth
-0.35%
Trailing 12-Months
Company Description
Li Ning Company Limited
Li Ning Co., Ltd. engages in the provision of sporting goods. The company focuses on the research and development, design, manufacture, distribution, and retail of products including footwear, apparel, equipment, and accessories for professional and leisure purposes. It operates through the LI-NING Brand and All Other Brands segments. The company was founded by Ning Li in 1989 and is headquartered in Beijing, China.
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2331 Company Deck
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2331 Earnings Call
Q2 2023
0:00 / 0:00
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2331 Stock 12 Month Forecast
Average Price Target
HK$28.47
▲(20.63% Upside)
Technical Analysis
Best Analysts Covering 2331
1 Year
1 Year Success Rate
3/4 ratings generated profit
1 Year Average Return
+5.67%
reiterated a buy rating 29 days ago
Copying Terence Chang's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +5.67% per trade.
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