Li Ning Company Limited (LNNGY) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 9.66 means the share price is 9.66 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $4.30B is the value of all shares combined.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerLi Ning Company Limited (LNNGY) trades at $41.55 with MoonshotScore 51/100 (Grade B). Market cap: $4.30B, Sector: Consumer cyclical.
Price as of Sep 11, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for LNNGY: LNNGY 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 LNNGY against Consumer Cyclical peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
LNNGY: 1/3 scored disciplines lean bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Li Ning Company Limited (LNNGY) Consumer Business Overview
Li Ning Company Limited is a prominent sporting goods company based in China, known for its LI-NING brand. It offers a range of athletic footwear, apparel, and accessories, competing with global brands in the Chinese market and expanding its reach through various retail channels including conventional stores and flagship locations.
What Is the Investment Thesis for LNNGY?
The company's P/E ratio of 9.66 suggests a reasonable valuation relative to its earnings. A gross margin of 49.2% indicates efficient operations and pricing power. The dividend yield of 3.02% offers an attractive income stream for investors. Key growth catalysts include the increasing popularity of sports and fitness in China and the company's ability to leverage its brand to capture market share. However, potential risks include competition from international brands and fluctuations in consumer spending.
Based on FMP financials and quantitative analysis
LNNGY Key Highlights
Market capitalization of $4.30B reflects Li Ning's significant presence in the sporting goods market.
- P/E ratio of 9.66 indicates a potentially attractive valuation compared to industry peers.
- Gross margin of 49.2% demonstrates strong operational efficiency and pricing power.
- Profit margin of 9.6% highlights the company's ability to generate profits from its sales.
- Dividend yield of 3.02% provides an appealing income stream for investors.
Who Are LNNGY's Competitors?
LNNGY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BKGFY The Berkeley Group Holdings plc | $8.93 | -1.12% | $4.09B | 489-signal |
| HNORY Harvey Norman Holdings Limited | $15.62 | 0.00% | $3.89B | — |
| IVCGF Iveco Group N.V. | $16.26 | -0.27% | $4.33B | — |
| JDDSF JD Sports Fashion plc | $1.06 | 0.00% | $5.07B | — |
| LFDJF FDJ United | $25.86 | 0.00% | $4.78B | 499-signal |
| MAT Mattel, Inc. | $13.81 | +0.36% | $4.01B | 755-pillar |
| PLNT Planet Fitness, Inc. | $49.98 | +0.20% | $3.97B | 585-pillar |
| GOLF Acushnet Holdings Corp. | $85.91 | +0.75% | $5.03B | 745-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are LNNGY's Key Strengths?
Strong brand recognition in the Chinese market.
- Extensive retail network across China.
- Focus on product innovation and technology.
- Diversified product portfolio with multiple brands.
What Are LNNGY's Weaknesses?
Reliance on the Chinese market for the majority of its revenue.
- Exposure to fluctuations in consumer spending and economic conditions in China.
- Potential challenges in managing multiple brands and product lines.
- Competition from larger international brands with greater resources.
What Could Drive LNNGY Stock Higher?
Expansion of retail network in China, particularly in tier-3 and tier-4 cities.
- Product innovation and development of new athletic wear and footwear technologies.
- Brand building and marketing campaigns to enhance brand awareness and customer loyalty.
What Are the Key Risks for LNNGY?
Intense competition from both domestic and international brands in the Chinese market.
- Fluctuations in consumer spending and economic conditions in China.
- Disruptions in the supply chain and manufacturing processes.
- Currency risk associated with the ADR structure.
What Are the Growth Opportunities for LNNGY?
- Expansion of Retail Network: Li Ning can further expand its retail presence in China, particularly in tier-3 and tier-4 cities, to reach a wider customer base. This includes opening new stores, expanding existing stores, and enhancing the online retail channel. The company operated 7,137 stores as of December 2021, indicating significant room for expansion. A well-executed retail strategy can drive revenue growth and increase brand visibility.
- Product Innovation and Technology: Investing in research and development to create innovative products that meet the evolving needs of consumers is crucial. This includes developing new materials, improving product performance, and incorporating technology into athletic wear and footwear. The global sportswear market is increasingly driven by technological advancements, and Li Ning can gain a competitive advantage by staying ahead of the curve.
- Brand Building and Marketing: Strengthening the LI-NING brand through targeted marketing campaigns and strategic partnerships can enhance brand awareness and customer loyalty. This includes collaborating with athletes and influencers, sponsoring sports events, and leveraging social media to engage with consumers. A strong brand presence can differentiate Li Ning from its competitors and drive sales growth.
- International Expansion: Expanding into international markets, particularly in Southeast Asia and other regions with a growing interest in sports and fitness, presents a significant growth opportunity. This includes establishing a retail presence, partnering with local distributors, and tailoring products to meet the specific needs of international consumers. Successful international expansion can diversify the company's revenue streams and reduce its reliance on the Chinese market.
- Diversification of Product Portfolio: Diversifying the product portfolio to include a wider range of sports and leisure products can attract a broader customer base. This includes expanding into new categories such as outdoor gear, fitness equipment, and lifestyle apparel. A diversified product portfolio can reduce the company's vulnerability to changes in consumer preferences and drive revenue growth.
What Are LNNGY's Competitive Advantages?
- Strong brand recognition in China, particularly among consumers who value national brands.
- Extensive retail network with a significant presence in major cities across China.
- Focus on innovation and technology in product design and development.
- Diversified product portfolio with a range of brands catering to different sports and leisure activities.
What Does LNNGY Do?
Founded in 1990 by Olympic gymnast Li Ning, Li Ning Company Limited has grown to become a major player in the Chinese sporting goods market. The company's initial focus was on providing high-quality athletic wear and footwear tailored to the needs of Chinese athletes. Over the years, Li Ning has expanded its product line to cater to a broader consumer base, including both professional athletes and leisure sports enthusiasts. The company's core brand, LI-NING, is known for its innovative designs and technology-driven products. In addition to the LI-NING brand, the company also manages several other brands, including AIGLE (outdoor sports products), Double Happiness (table tennis), Danskin (fashionable fitness products), and Kason (badminton). As of December 31, 2021, Li Ning operated 7,137 stores, including conventional stores, flagship stores, China LI-NING stores, factory outlets, and multi-brand stores. Headquartered in Beijing, the company continues to focus on strengthening its brand presence and expanding its market share in China and beyond.
What Products and Services Does LNNGY Offer?
- Research and develop sporting goods.
- Design athletic footwear, apparel, and accessories.
- Manufacture sporting goods products.
- Market sporting goods under the LI-NING brand.
- Distribute products through various retail channels.
- Retail sporting goods in conventional stores, flagship stores, and online platforms.
- Manage other sports-related brands like AIGLE, Double Happiness, Danskin, and Kason.
How Does LNNGY Make Money?
- Design, develop, and manufacture sporting goods.
- Market and distribute products through a network of retail stores and online channels.
- Generate revenue through the sale of athletic footwear, apparel, and accessories.
- Manage and license other sports-related brands to diversify revenue streams.
What Industry Does LNNGY Operate In?
The sporting goods industry in China is experiencing rapid growth, driven by increasing health awareness and government support for sports initiatives. Li Ning Company Limited operates in a competitive landscape that includes both domestic and international brands. The company's focus on innovation and its strong brand recognition in China give it a competitive edge. The market is characterized by evolving consumer preferences and a growing demand for high-quality, performance-driven products. Li Ning is well-positioned to capitalize on these trends and expand its market share.
Who Are LNNGY's Key Customers?
- Professional athletes seeking high-performance sporting goods.
- Leisure sports enthusiasts looking for comfortable and stylish athletic wear.
- Consumers interested in fashionable fitness products for dance and yoga.
- Customers of all ages and backgrounds who value quality and innovation in sporting goods.
Research confidence
Enough evidence to be useful, with gaps worth knowing about.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 73 days ago
- ● No analyst coverage
- ● Reported in CNY, converted to USD
Why 51?
This rating comes from our nine-signal model, which produces a score but not a per-factor breakdown. The sector-relative five-pillar model, which explains its own contributions, does not cover this listing yet. How the score is built →
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 51 |
| 2026-08-26 | 51 |
| 2026-08-29 | 51 |
| 2026-09-01 | 51 |
| 2026-09-04 | 51 |
| 2026-09-07 | 51 |
| 2026-09-10 | 51 |
What changed?
The score has stayed at 51.
Over the same 18 days the stock moved -5.7%.
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. LNNGY has traded publicly since 2012.
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. LNNGY trades at a trailing price-to-earnings ratio of 9.66, below the Consumer Cyclical sector average of ~32.70x. Its free cash flow yield is 12.5%, 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 8.6%, the inverse of the P/E and a quick read on earnings relative to price.
LNNGY Valuation & Market Position
With a $4.30B market cap, Li Ning Company Limited sits in the mid-cap segment of the market. Relative to its peer group, LNNGY's quantitative score of 51/100 is roughly in line with the peer average of 61/100.
Quarterly Financial Performance: Li Ning Company Limited
Revenue for Li Ning Company Limited came in at $2.28B during Q2 FY2026, a 5.0% improvement versus the preceding quarter. The company recorded net income of $271.2M, with diluted EPS of $2.62. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Consumer Cyclical. Across the four most recent quarters, LNNGY averaged $2.09 in diluted EPS.
Financial Health
Li Ning Company Limited's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 5.07 places it in the safe zone, indicating low near-term bankruptcy risk.
LNNGY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong brand recognition in the Chinese market.
- Extensive retail network across China.
- Focus on product innovation and technology.
- Diversified product portfolio with multiple brands.
Bear Case
- Reliance on the Chinese market for the majority of its revenue.
- Exposure to fluctuations in consumer spending and economic conditions in China.
- Potential challenges in managing multiple brands and product lines.
- Competition from larger international brands with greater resources.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2026 | $2.28B | $271M | $2.62 |
| Q4 FY2025 | $2.17B | $176M | $1.70 |
| Q2 FY2025 | $2.21B | $259M | $2.51 |
| Q4 FY2024 | $2.14B | $158M | $1.53 |
Q2 FY2026 · filed 30 Jun 2026 · SEC EDGAR →
Based on FMP financials and quantitative analysis · Converted to USD from CNY at today's rate
LNNGY Latest News
-
China & Hong Kong Dividend Yields, Stock Repurchases Soar To Historic Highs As Markets Remain Depressed
benzinga · Sep 20, 2023
-
Stocks That Hit 52-Week Highs On Friday
· Jan 17, 2020
LNNGY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for LNNGY.
Price Targets
Wall Street price target analysis for LNNGY.
LNNGY MoonshotScore
What does this score mean?
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. LNNGY scores 51/100 (Grade B): the number comes from the legacy nine-factor engine (quantitative signals from revenue growth to news sentiment), written once, not refreshed.
Leadership: Ning Li
Founder and Chairman
Ning Li is the founder and chairman of Li Ning Company Limited. As a former Olympic gymnast, he gained international recognition for his athletic achievements. After retiring from professional sports, he founded Li Ning Company Limited in 1990 with the vision of creating a leading Chinese sportswear brand. His background as an athlete has influenced the company's focus on product innovation and performance.
Track Record: Under Ning Li's leadership, Li Ning Company Limited has grown from a small startup to a major player in the Chinese sporting goods market. He has overseen the company's expansion into new product categories and international markets. His strategic decisions have contributed to the company's strong brand recognition and financial performance.
Li Ning Company Limited ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. LNNGY is an ADR that allows U.S. investors to invest in Li Ning Company Limited without directly dealing with foreign exchanges. Each LNNGY ADR represents a specific number of Li Ning Company Limited's shares traded on its home market.
- Home Market Ticker: Hong Kong Stock Exchange (LNNG)
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: LNNG
LNNGY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited financial disclosure and may not meet the listing requirements of major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Potential for price manipulation and fraud.
- Higher risk of delisting or trading suspension.
- Lower liquidity and wider bid-ask spreads.
- Limited regulatory oversight and investor protection.
- Verify the company's registration and legal status.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive position.
- Evaluate the management team and their track record.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before making any investment decisions.
- Established brand presence in China.
- Operating history of over 30 years.
- Presence of a well-known founder and chairman.
- Listing on the Hong Kong Stock Exchange (LNNG).
- Positive brand recognition and customer reviews.
Common Questions About LNNGY (Consumer Cyclical)
What does the AI Score mean for LNNGY?
LNNGY holds an AI Score of 51/100 (Grade: B). This is an educational research signal, not a buy or sell recommendation. The number comes from the legacy nine-factor engine (quantitative signals from revenue growth to news sentiment), written once, not refreshed.
Is LNNGY a good stock?
Stock Expert AI does not rate LNNGY buy, sell or hold. Li Ning Company Limited carries a MoonshotScore of 51/100 on the legacy nine-factor engine, a research rating against its peers. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What is LNNGY's dividend and shareholder return track record?
Li Ning Company Limited offers a dividend yield of 3.02%, providing an attractive income stream for investors. The company's dividend growth history and payout ratio are not specified in the provided data. Information on share buyback programs is also unavailable.
What are the key factors to evaluate for LNNGY?
Li Ning Company Limited (LNNGY) holds a MoonshotScore of 51/100 (moderate). P/E: 9.66x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does LNNGY data refresh on this page?
LNNGY's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven LNNGY's recent stock price performance?
Li Ning Company Limited (LNNGY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition in the Chinese market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider LNNGY overvalued or undervalued right now?
Li Ning Company Limited (LNNGY) trades at 9.66x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of LNNGY?
Yes, most major brokerages offer fractional shares of Li Ning Company Limited (LNNGY) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track LNNGY's earnings and financial reports?
Li Ning Company Limited (LNNGY) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for LNNGY earnings announcements.
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.