Li Ning Co Ltd
02331: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Bk | LOCK|cWrLb | LOCK|#!t>f& |
Li Ning: Fair Value Estimate Cut by 6% Amid Prolonged Underperformance; Shares Still Cheap
Li Ning's sales growth lagged its Chinese sportswear competitors during the first three quarters of 2024. Industry data indicates that this underperformance extended through the fourth quarter of 2024.
