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Li Ning Company
(OTC:2331)
Li Ning Company (2331) vs. iShares MSCI Hong Kong ETF (EWH)
Li Ning Company Business Overview & Revenue Model
Li Ning Company Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 28.68B | 27.60B | 25.80B | 22.57B | 14.46B | Gross Profit |
| 14.16B | 13.35B | 12.48B | 11.97B | 7.09B | EBIT |
| 3.68B | 3.56B | 4.89B | 5.14B | 2.20B | EBITDA |
| 6.12B | 6.31B | 6.97B | 6.53B | 3.31B | Net Income Common Stockholders |
| 3.01B | 3.19B | 4.06B | 4.01B | 1.70B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 15.76B | 8.94B | 8.03B | 15.15B | 7.19B | Total Assets |
| 35.71B | 34.21B | 33.65B | 30.27B | 14.59B | Total Debt |
| 1.94B | 2.54B | 2.14B | 1.32B | 1.05B | Net Debt |
| -5.56B | -2.90B | -5.24B | -13.42B | -6.14B | Total Liabilities |
| 9.60B | 9.80B | 9.31B | 9.17B | 5.90B | Stockholders Equity |
| 26.10B | 24.41B | 24.33B | 21.10B | 8.69B |
| Cash Flow | Free Cash Flow | |||
| 3.76B | 2.87B | 2.08B | 5.50B | 2.02B | Operating Cash Flow |
| 5.27B | 4.69B | 3.91B | 6.53B | 2.76B | Investing Cash Flow |
| -839.62M | -2.45B | -9.48B | -6.54B | -991.55M | Financing Cash Flow |
| -2.32B | -4.22B | -1.89B | 7.60B | -513.49M |
Li Ning Company Technical Analysis
Li Ning Company Peers Comparison
Li Ning Company Corporate Events
Li Ning Company Limited announced the successful passage of all resolutions at its Annual General Meeting held on June 12, 2025. Key resolutions included the adoption of financial statements, declaration of a final dividend, and re-election of directors. The approval of these resolutions reflects strong shareholder support and positions the company for continued operational stability and strategic growth.
The most recent analyst rating on (HK:2331) stock is a Hold with a HK$15.90 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited has announced a final cash dividend of RMB 0.2073 per share for the financial year ending December 31, 2024. The dividend, approved on June 12, 2025, will be paid in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.093, amounting to HKD 0.2266 per share. The ex-dividend date is set for June 16, 2025, with the payment date scheduled for June 27, 2025. This announcement reflects the company’s financial health and commitment to delivering shareholder value.
The most recent analyst rating on (HK:2331) stock is a Hold with a HK$15.90 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited has outlined the terms of reference for its Audit Committee, emphasizing the importance of governance and oversight in its operations. The committee, composed solely of non-executive directors, is tasked with maintaining the integrity of financial reporting and ensuring the independence of the external auditor. This move is aimed at strengthening the company’s audit processes and enhancing transparency, which is crucial for maintaining investor confidence and regulatory compliance.
The most recent analyst rating on (HK:2331) stock is a Hold with a HK$15.90 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited has updated the terms of reference for its Remuneration Committee, which is responsible for advising on the remuneration policies for directors and senior management. The committee, composed mainly of independent non-executive directors, will ensure fair and transparent remuneration practices, aligning with corporate goals and industry standards, while safeguarding against conflicts of interest.
The most recent analyst rating on (HK:2331) stock is a Hold with a HK$15.90 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited has revised the terms of reference for its Nomination Committee, which is responsible for formulating nomination policies for Board members and Senior Management. The committee’s duties include reviewing the Board’s structure, size, and diversity, evaluating the Group’s organizational strategy, and recommending suitable candidates for directorships and senior management positions. These changes aim to enhance the company’s governance and ensure alignment with its corporate strategy.
The most recent analyst rating on (HK:2331) stock is a Hold with a HK$15.90 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 12, 2025, in Hong Kong. Key resolutions include the adoption of the 2024 financial statements, the declaration of a final dividend, re-election of independent non-executive directors, and the appointment of Ernst & Young as the company’s auditor. Additionally, the company seeks shareholder approval for a general mandate to issue additional shares, which could impact its capital structure and market positioning.
The most recent analyst rating on (HK:2331) stock is a Hold with a HK$15.90 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited has announced a proposed change of auditor, with PricewaterhouseCoopers set to retire following the upcoming annual general meeting in June 2025. The company intends to appoint Ernst & Young as the new auditor, a decision supported by the Audit Committee to enhance corporate governance and maintain auditor independence. This change is expected to benefit the company and its shareholders by ensuring high-quality audit services.
The most recent analyst rating on (HK:2331) stock is a Hold with a HK$15.90 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.
Li Ning Company Limited reported a low-single-digit increase in retail sell-through for the first quarter of 2025, with notable growth in e-commerce sales. However, the company experienced a net decrease in the number of retail and wholesale points of sale in China, reflecting a strategic adjustment in its distribution network.
Li Ning Company Limited reported steady financial growth for the year ending December 31, 2024, with a 3.9% increase in revenue to RMB28,676 million and a gross profit margin improvement to 49.4%. The company saw a 12.4% rise in net operating cash inflow, reaching RMB5,268 million, and maintained a healthy working capital level. The board recommended a final dividend payment, contributing to a total dividend payout ratio of 50%. Operationally, the company’s retail sell-through remained flat, with a high-single-digit increase in channel inventory, while offline new product sell-through accounted for 85% of overall offline sales.
Li Ning Company Limited has announced a final cash dividend of RMB 0.2073 per share for the financial year ending December 31, 2024. This announcement reflects the company’s ongoing commitment to delivering shareholder value and may impact its financial positioning and investor relations positively, with the dividend payment scheduled for June 27, 2025.
Li Ning Company Limited has announced that its board of directors will convene on March 27, 2025, to approve the annual results for the year ending December 31, 2024, and to consider recommending a final dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential returns for shareholders, impacting its market positioning and investor relations.