Li Ning Company Limited

SEHK:2331 Stock Report

Market Cap: HK$44.5b

Li Ning Balance Sheet Health

Financial Health criteria checks 6/6

Li Ning has a total shareholder equity of CN¥27.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥36.8B and CN¥9.6B respectively. Li Ning's EBIT is CN¥4.2B making its interest coverage ratio -16.5. It has cash and short-term investments of CN¥17.1B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-16.5x
CashCN¥17.05b
EquityCN¥27.17b
Total liabilitiesCN¥9.61b
Total assetsCN¥36.78b

Recent financial health updates

No updates

Recent updates

Li Ning Company Limited (HKG:2331) Shares Could Be 21% Below Their Intrinsic Value Estimate

Nov 18
Li Ning Company Limited (HKG:2331) Shares Could Be 21% Below Their Intrinsic Value Estimate

Some Confidence Is Lacking In Li Ning Company Limited's (HKG:2331) P/E

Oct 12
Some Confidence Is Lacking In Li Ning Company Limited's (HKG:2331) P/E

Li Ning's (HKG:2331) Dividend Will Be CN¥0.368

Aug 27
Li Ning's (HKG:2331) Dividend Will Be CN¥0.368

Is Now An Opportune Moment To Examine Li Ning Company Limited (HKG:2331)?

Aug 17
Is Now An Opportune Moment To Examine Li Ning Company Limited (HKG:2331)?

There Are Reasons To Feel Uneasy About Li Ning's (HKG:2331) Returns On Capital

Aug 01
There Are Reasons To Feel Uneasy About Li Ning's (HKG:2331) Returns On Capital

Li Ning Company Limited's (HKG:2331) Intrinsic Value Is Potentially 41% Above Its Share Price

Jun 30
Li Ning Company Limited's (HKG:2331) Intrinsic Value Is Potentially 41% Above Its Share Price
User avatar

Premium Product Focus And Digital Channels Will Build Future Success

Emphasis on premium products, innovation, and digital channels is strengthening Li Ning's brand, pricing power, and profitability while reducing reliance on physical stores.

Li Ning's (HKG:2331) Dividend Will Be CN¥0.2266

Jun 15
Li Ning's (HKG:2331) Dividend Will Be CN¥0.2266

The Li Ning Company Limited (HKG:2331) Yearly Results Are Out And Analysts Have Published New Forecasts

May 01
The Li Ning Company Limited (HKG:2331) Yearly Results Are Out And Analysts Have Published New Forecasts

At HK$14.94, Is It Time To Put Li Ning Company Limited (HKG:2331) On Your Watch List?

Apr 20
At HK$14.94, Is It Time To Put Li Ning Company Limited (HKG:2331) On Your Watch List?

Some Investors May Be Willing To Look Past Li Ning's (HKG:2331) Soft Earnings

Apr 04
Some Investors May Be Willing To Look Past Li Ning's (HKG:2331) Soft Earnings

Li Ning Company Limited's (HKG:2331) Share Price Could Signal Some Risk

Mar 31
Li Ning Company Limited's (HKG:2331) Share Price Could Signal Some Risk

Is Li Ning Company Limited (HKG:2331) Trading At A 29% Discount?

Feb 02
Is Li Ning Company Limited (HKG:2331) Trading At A 29% Discount?

Is There Now An Opportunity In Li Ning Company Limited (HKG:2331)?

Jan 17
Is There Now An Opportunity In Li Ning Company Limited (HKG:2331)?

Returns On Capital At Li Ning (HKG:2331) Paint A Concerning Picture

Dec 17
Returns On Capital At Li Ning (HKG:2331) Paint A Concerning Picture

Financial Position Analysis

Short Term Liabilities: 2331's short term assets (CN¥22.1B) exceed its short term liabilities (CN¥7.7B).

Long Term Liabilities: 2331's short term assets (CN¥22.1B) exceed its long term liabilities (CN¥1.9B).

Debt to Equity History and Analysis

Debt Level: 2331 is debt free.

Reducing Debt: 2331 had no debt 5 years ago.

Debt Coverage: 2331 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2331 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 16:54
End of Day Share Price 2025/11/19 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Li Ning Company Limited is covered by 62 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vineet Kulbandu SharmaBarclays
Jiaying HuangBarclays
Lucy YuBofA Global Research