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Year on year Li Ning Co Ltd had net income fall -21.58% from 4.06bn to 3.19bn despite a 6.96% increase in revenues from 25.80bn to 27.60bn. An increase in the selling, general and administrative costs as a percentage of sales from 29.87% to 33.87% was a component in the falling net income despite rising revenues.
Gross margin | 49.24% |
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Net profit margin | 10.81% |
Operating margin | 12.48% |
Return on assets | 8.64% |
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Return on equity | 11.77% |
Return on investment | 10.78% |
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Cash flow in CNYView more
In 2023, cash reserves at Li Ning Co Ltd fell by 1.94bn. However, the company earned 4.69bn from its operations for a Cash Flow Margin of 16.99%. In addition the company used 2.45bn on investing activities and also paid 4.22bn in financing cash flows.
Cash flow per share | 1.89 |
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Price/Cash flow per share | 8.32 |
Book value per share | 10.82 |
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Tangible book value per share | 10.71 |
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Balance sheet in CNYView more
Current ratio | 2.36 |
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Quick ratio | 2.04 |
Total debt/total equity | 0.0838 |
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Total debt/total capital | 0.0773 |
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Growth rates in CNY
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Div yield(5 year avg) | -- |
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Div growth rate (5 year) | 44.05% |
Payout ratio (TTM) | 48.23% |
EPS growth(5 years) | 33.26 |
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EPS (TTM) vs TTM 1 year ago | -22.65 |
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