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Li Ning Co Ltd 02331

Morningstar Rating
HKD 20.85 −0.05 (0.24%)
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Company Report

Price vs Fair Value

02331 is trading at a 44% discount.
Price
HKD 21.10
Fair Value
HKD 59.10
Uncertainty
High
1-Star Price
HKD 88.52
5-Star Price
HKD 75.60
Economic Moat
Ysncclv
Capital Allocation
Lxnzlpnsc

Bulls Say, Bears Say

Bulls

Li Ning's single-brand strategy allows it to maintain focus on improving brand value.

Bears

A sizable portion of Li Ning's sales come from casual wear, making the brand subject to fashion misses.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
HKD 20.90
Day Range
HKD 20.6021.55
52-Week Range
HKD 14.9456.90
Bid/Ask
HKD 20.85 / HKD 20.90
Market Cap
HKD 53.89 Bil
Volume/Avg
19.6 Mil / 26.5 Mil

Key Statistics

Price/Earnings (Normalized)
13.40
Price/Sales
1.78
Dividend Yield (Trailing)
4.32%
Dividend Yield (Forward)
4.32%
Total Yield
6.69%

Company Profile

Established in 1989, Li Ning is one of the largest sportswear companies in China. Headquartered in Beijing, Li Ning mainly sells professional and leisure footwear and apparel under the Li Ning brand. Despite having a single-brand strategy, Li Ning launched multiple sub-brands (such as China Li Ning and Li Ning 1990) to appeal to different demographics. As of the end of 2021, the company had 7,137 stores in China, of which 1,232 were directly operated, and 5,905 were franchised.
Sector
Consumer Cyclical
Industry
Leisure
Stock Style Box
Large Core
Total Number of Employees
4,672

Competitors

Valuation

Metric
02331
LULU
ADDYY
Price/Earnings (Normalized)
13.4028.4843.24
Price/Book Value
2.0110.868.85
Price/Sales
1.784.811.93
Price/Cash Flow
10.4322.0539.72
Price/Earnings
02331
LULU
ADDYY

Financial Strength

Metric
02331
LULU
ADDYY
Quick Ratio
1.461.560.53
Current Ratio
1.882.491.22
Interest Coverage
24.551.16
Quick Ratio
02331
LULU
ADDYY

Profitability

Metric
02331
LULU
ADDYY
Return on Assets (Normalized)
11.80%26.78%0.75%
Return on Equity (Normalized)
16.16%45.67%2.96%
Return on Invested Capital (Normalized)
14.01%34.23%2.15%
Return on Assets
02331
LULU
ADDYY
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