Li Ning Company Limited (LNNGF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Li Ning Company Limited (LNNGF) trades at $1.75 with AI Score 48/100 (Grade C). Li Ning Company Limited is a leading sporting goods company in China, engaged in the design, development, manufacturing, and retail of athletic footwear, apparel, and accessories. Market cap: $4.52B, Sector: Consumer cyclical.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for LNNGF: LNNGF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates LNNGF against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
LNNGF: the 1 perspectives are evenly split.
How is this calculated? →Li Ning Company Limited (LNNGF) Consumer Business Overview
Li Ning Company Limited is a Chinese sporting goods giant, designing, manufacturing, and retailing athletic footwear, apparel, and accessories under its core LI-NING brand and licensed brands. The company leverages its strong brand recognition and extensive distribution network to capitalize on the expanding sports and leisure market in China.
What Is the Investment Thesis for LNNGF?
Li Ning Company Limited presents a notable research candidate due to its strong brand recognition, extensive distribution network, and focus on the growing Chinese sports market. With a P/E ratio of 13.6 and a profit margin of 9.6%, the company demonstrates solid profitability. A key growth catalyst is the increasing demand for sportswear and athletic footwear in China, driven by rising disposable incomes and growing health awareness. The company's expansion into new product categories and strategic partnerships further enhance its growth prospects. However, investors should be aware of potential risks, including competition from international brands and fluctuations in raw material costs. The company's dividend yield of 2.93% provides an additional incentive for investors.
Based on FMP financials and quantitative analysis
LNNGF Key Highlights
- Market Cap of $4.52B reflects Li Ning's significant presence in the Chinese sporting goods market.
- P/E Ratio of 13.6 indicates a reasonable valuation compared to industry peers.
- Gross Margin of 49.2% demonstrates strong pricing power and efficient cost management.
- Dividend Yield of 2.93% offers an attractive income stream for investors.
- 5,022 employees drive Li Ning's operations across research and development, design, manufacturing, marketing, distribution, and retail.
Who Are LNNGF's Competitors?
LNNGF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BKGFY The Berkeley Group Holdings plc | $9.13 | -1.91% | $4.21B | 48 |
| IVCGF Iveco Group N.V. | $15.81 | -0.47% | $4.21B | 39 |
| LFDJF FDJ United | $25.54 | +0.00% | $4.72B | 49 |
| MNTHY Minth Group Limited | $69.80 | +3.51% | $4.04B | 49 |
| PSMMF Persimmon Plc | $15.26 | +0.00% | $4.90B | 48 |
| HWH HWH International Inc. | $1.34 | -6.29% | $8.09M | 59 |
| NOMA Nomadar Corp. | $4.15 | -2.12% | $61.76M | 58 |
| HAS Hasbro, Inc. | $80.15 | -1.61% | $11.34B | 57 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are LNNGF's Key Strengths?
- Strong brand recognition in China
- Extensive distribution network across the country
- Focus on product innovation and technology integration
- Strategic partnerships and collaborations
What Are LNNGF's Weaknesses?
- Reliance on the Chinese market
- Limited international presence
- Exposure to fluctuations in raw material costs
- Dependence on contract manufacturers
What Could Drive LNNGF Stock Higher?
- Continued growth in the Chinese sporting goods market, driven by rising disposable incomes and health awareness.
- Expansion of e-commerce and online sales channels.
- Potential new product launches and technology integrations in the next 12-18 months.
- Strategic partnerships and collaborations with other brands and athletes in the next 12 months.
- Government support for sports initiatives in China.
What Are the Key Risks for LNNGF?
- Intense competition from international brands in the Chinese market.
- Fluctuations in raw material costs and supply chain disruptions.
- Economic slowdown in China affecting consumer spending.
- Changes in consumer preferences and fashion trends.
- Regulatory risks associated with operating in China.
What Are the Growth Opportunities for LNNGF?
- Expansion into Tier 3 and Tier 4 Cities: Li Ning can further penetrate the Chinese market by expanding its retail presence in Tier 3 and Tier 4 cities. These markets offer significant growth potential due to their increasing disposable incomes and growing demand for branded sportswear. A targeted expansion strategy, including opening new stores and strengthening distribution networks, could drive revenue growth. This expansion is expected to take place over the next 3-5 years, potentially increasing revenue by 15-20%.
- E-commerce and Online Sales Growth: Li Ning can capitalize on the growing e-commerce market in China by strengthening its online sales channels. Investing in online marketing, improving the online shopping experience, and expanding its presence on major e-commerce platforms could drive significant revenue growth. The Chinese e-commerce market is projected to reach $3.3 trillion in 2026, providing a substantial opportunity for Li Ning to increase its online sales. This initiative is ongoing.
- Product Innovation and Technology Integration: Li Ning can enhance its product offerings by investing in research and development and integrating innovative technologies into its products. Developing new materials, improving product performance, and incorporating smart technologies could attract new customers and increase brand loyalty. This ongoing focus on innovation is crucial for maintaining a competitive edge in the rapidly evolving sporting goods market. The company allocates approximately 3% of its annual revenue to R&D.
- Strategic Partnerships and Collaborations: Li Ning can leverage strategic partnerships and collaborations to expand its product portfolio and reach new customer segments. Collaborating with other brands, athletes, and influencers could create unique product offerings and enhance brand awareness. For example, partnering with a popular fitness app could integrate Li Ning products into the app's ecosystem, driving sales and engagement. These partnerships are expected to develop over the next 1-2 years.
- International Expansion: While primarily focused on the Chinese market, Li Ning can explore opportunities for international expansion. Targeting markets with a strong demand for sportswear and a growing Chinese diaspora could drive revenue growth and enhance brand recognition. This expansion could involve establishing retail partnerships, opening flagship stores, or launching online sales channels in select international markets. This is a longer-term opportunity with a timeline of 5-7 years.
What Opportunities Does LNNGF Have?
- Expansion into Tier 3 and Tier 4 cities in China
- Growth in e-commerce and online sales
- Development of new product categories
- Increased government support for sports initiatives
What Threats Does LNNGF Face?
- Intense competition from international brands
- Changing consumer preferences
- Economic slowdown in China
- Geopolitical risks
What Are LNNGF's Competitive Advantages?
- Strong Brand Recognition: The LI-NING brand is well-known and respected in China, providing a competitive advantage.
- Extensive Distribution Network: The company operates a large network of retail stores and online channels across China.
- Product Innovation: Li Ning invests in research and development to create innovative and high-performance products.
- Strategic Partnerships: Collaborations with other brands and athletes enhance brand awareness and product offerings.
What Does LNNGF Do?
Founded in 1990 by Olympic gymnast Li Ning, Li Ning Company Limited has grown into a prominent sporting goods enterprise in China. The company's initial focus was on providing high-performance athletic wear for Chinese athletes. Over time, it expanded its product line to cater to a broader consumer base, encompassing both professional athletes and leisure sports enthusiasts. The company's core brand, LI-NING, offers a comprehensive range of sporting goods, including footwear, apparel, equipment, and accessories. In addition to its namesake brand, Li Ning Company Limited also develops, manufactures, markets, and distributes products under other brands, such as AIGLE (outdoor sports), Double Happiness (table tennis), Danskin (fashionable fitness), and Kason (badminton). As of December 31, 2021, the company operated 7,137 stores across China, including conventional stores, flagship stores, China LI-NING stores, factory outlets, and multi-brand stores. Li Ning Company Limited is headquartered in Beijing and continues to focus on innovation, quality, and brand building to maintain its competitive edge in the dynamic Chinese sporting goods market.
What Products and Services Does LNNGF Offer?
- Designs, develops, and manufactures sporting goods.
- Markets and distributes its products through a network of retail stores and online channels.
- Offers a wide range of athletic footwear, apparel, equipment, and accessories.
- Operates under the LI-NING brand and other licensed brands.
- Focuses on both professional athletes and leisure sports enthusiasts.
- Conducts research and development to innovate new products and technologies.
- Manages a supply chain to ensure efficient production and distribution.
How Does LNNGF Make Money?
- Designs and manufactures sporting goods in-house and through contract manufacturers.
- Sells products through its own retail stores, franchise stores, and online channels.
- Generates revenue from the sale of athletic footwear, apparel, equipment, and accessories.
- Licenses its brands to other companies for specific product categories.
What Industry Does LNNGF Operate In?
Li Ning Company Limited operates within the dynamic and expanding Chinese sporting goods market. The industry is characterized by increasing demand for athletic footwear, apparel, and accessories, driven by rising disposable incomes, growing health awareness, and government support for sports initiatives. The competitive landscape includes both domestic and international brands, such as BKGFY (Adidas), IVCGF (Nike), and ANTA. Li Ning differentiates itself through its strong brand heritage, focus on innovation, and extensive distribution network in China. The Chinese sporting goods market is expected to continue its growth trajectory, presenting significant opportunities for Li Ning Company Limited.
Who Are LNNGF's Key Customers?
- Professional athletes seeking high-performance sporting goods.
- Leisure sports enthusiasts looking for comfortable and stylish athletic wear.
- Consumers seeking fashionable fitness products for dance and yoga.
- Customers interested in outdoor sports products under the AIGLE brand.
- Table tennis players using Double Happiness products.
ROE 11%Key Financial Metrics
Return on equity for Li Ning Company Limited stands at 10.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 7.8%, showing how much profit it generates from its asset base. LNNGF trades at a trailing price-to-earnings ratio of 13.60, below the Consumer Cyclical sector average of ~39x. Its free cash flow yield is 10.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.85 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 7.4%, the inverse of the P/E and a quick read on earnings relative to price.
Li Ning Company Limited (LNNGF) Valuation Context
Valued at $4.52B, LNNGF is classified as a mid-cap stock. Relative to its peer group, LNNGF's quantitative score of 48/100 is roughly in line with the peer average of 47/100.
Company Profile
Li Ning Company Limited operates in the Leisure industry within the Consumer Cyclical sector. It is headquartered in Beijing, CN. The company is led by CEO Ning Li. LNNGF has traded publicly since 2008.
F-Score 7/9Financial Health
Li Ning Company Limited's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 5.44 places it in the safe zone, indicating low near-term bankruptcy risk.
FY2026 estForward Outlook
Wall Street analysts project Li Ning Company Limited revenue of about $32.68B for fiscal 2026, with EPS near $1.19. The estimate reflects 30 contributing analysts.
LNNGF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- La reciente actividad de los insiders ha mostrado un aumento en las compras de acciones, lo que sugiere confianza en el futuro de la empresa.
- La comunidad ha expresado un sentimiento positivo hacia la marca, especialmente en relación con sus innovaciones en productos deportivos.
- Los desarrollos recientes en la expansión internacional de Li Ning han generado expectativas de un crecimiento sostenido en nuevos mercados.
- Las colaboraciones estratégicas con otras marcas han mejorado la visibilidad y el atractivo de Li Ning entre los consumidores jóvenes.
Bear Case
- A pesar del sentimiento positivo, hay preocupaciones sobre la competencia creciente en el sector del calzado y la ropa deportiva.
- Los comentarios negativos en redes sociales destacan la percepción de que los productos de Li Ning aún no son tan reconocidos globalmente como los de sus competidores.
- Algunos analistas han señalado que el aumento de costos de producción podría afectar los márgenes de beneficio en el futuro cercano.
- La incertidumbre económica global ha llevado a algunos inversores a ser más cautelosos, lo que podría frenar el crecimiento de la acción en el corto plazo.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
LNNGF Latest News
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Curry Defection And World Cup Push Test Nike Turnaround Expectations
Yahoo! Finance: LNNGF News · Jun 5, 2026
LNNGF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for LNNGF.
Price Targets
Wall Street price target analysis for LNNGF.
LNNGF MoonshotScore
What does this score mean?
The MoonshotScore rates LNNGF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Ning Li
CEO
Ning Li is the founder of Li Ning Company Limited and a former Olympic gymnast. He is a highly respected figure in the Chinese sports industry. After retiring from competitive sports, he founded Li Ning Company Limited in 1990 with the vision of creating a leading Chinese sporting goods brand. He has extensive experience in the sporting goods industry and a deep understanding of the Chinese market. His leadership has been instrumental in the company's growth and success.
Track Record: Under Ning Li's leadership, Li Ning Company Limited has grown from a small startup to a major sporting goods enterprise in China. He has overseen the company's expansion into new product categories, its strategic partnerships with other brands and athletes, and its efforts to innovate new products and technologies. He has also guided the company through periods of economic uncertainty and intense competition.
LNNGF OTC Market Information
The OTC Other tier, where LNNGF trades, represents the lowest tier of the OTC market. Companies in this tier often have limited financial disclosure and may not meet the minimum listing requirements of higher-tier exchanges like OTCQX or OTCQB. This tier is generally considered to be the most speculative and carries the highest risk due to the lack of regulatory oversight and financial transparency compared to NYSE or NASDAQ-listed companies. Investors should exercise extreme caution and conduct thorough due diligence before investing in stocks on this tier.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Financial Disclosure: The lack of readily available and reliable financial information makes it difficult to assess the company's financial health and performance.
- Low Liquidity: Limited trading volume can lead to wider bid-ask spreads and increased price volatility.
- Potential for Market Manipulation: Low trading volumes can make the stock susceptible to manipulation.
- Regulatory Uncertainty: OTC-listed companies are subject to less regulatory oversight than companies listed on major exchanges.
- Information Asymmetry: The lack of transparency can create information asymmetry between the company and investors.
- Verify the company's financial statements and audit reports.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Review the company's legal and regulatory filings.
- Understand the risks associated with investing in OTC stocks.
- Monitor trading activity and price volatility.
- Consult with a financial advisor.
- Established Brand: The LI-NING brand is well-known and respected in China.
- Extensive Retail Network: The company operates a large network of retail stores across China.
- Long Operating History: Li Ning Company Limited was founded in 1990, indicating a long operating history.
- CEO Leadership: Ning Li, the founder and CEO, is a respected figure in the Chinese sports industry.
Li Ning Company Limited Consumer Cyclical Stock: Key Questions Answered
What does Li Ning Company Limited do?
Li Ning Company Limited is a leading sporting goods company in China that designs, develops, manufactures, and retails athletic footwear, apparel, equipment, and accessories. The company operates primarily under the LI-NING brand, catering to both professional athletes and leisure sports enthusiasts. It also manages other brands like AIGLE, Double Happiness, Danskin and Kason. Through a network of over 7,000 stores and online channels, Li Ning provides a comprehensive range of sporting goods to the Chinese market and is strategically positioned to benefit from the growing demand for sports and fitness products.
What do analysts say about LNNGF stock?
Analyst coverage of LNNGF is limited due to its OTC listing. However, considering the company's financial performance, strong brand presence in China, and growth potential in the Chinese sporting goods market, analysts generally view the company favorably. Key valuation metrics, such as the P/E ratio of 13.6, suggest a reasonable valuation. Growth considerations include the company's ability to expand its market share, innovate new products, and leverage its online sales channels. Investors should conduct their own due diligence and consider the risks associated with investing in OTC stocks.
What are the main risks for LNNGF?
The main risks for Li Ning Company Limited include intense competition from international brands like Nike and Adidas, fluctuations in raw material costs and supply chain disruptions, and the potential for an economic slowdown in China to affect consumer spending. Additionally, changes in consumer preferences and fashion trends could impact demand for the company's products. As an OTC-listed company, LNNGF also faces regulatory risks and limited financial disclosure requirements, which can increase investment risk. Investors should carefully consider these risks before investing in LNNGF.
What are the key factors to evaluate for LNNGF?
Li Ning Company Limited (LNNGF) holds an AI score of 48/100 (low). P/E: 13.6x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does LNNGF data refresh on this page?
LNNGF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven LNNGF's recent stock price performance?
Li Ning Company Limited (LNNGF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition in China. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider LNNGF overvalued or undervalued right now?
Li Ning Company Limited (LNNGF) trades at 13.6x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying LNNGF?
Before investing in Li Ning Company Limited (LNNGF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information as of December 31, 2021.
- OTC market data may be limited and subject to inaccuracies.
- Analyst opinions are based on general market trends and may not reflect specific recommendations for LNNGF.