Li-Ning Company Limited
Li-Ning Company Limited is a leading Chinese professional sportswear brand listed in Hong Kong (Stock Code: 2331) with operational headquarters in Beijing. Operating an asset-light brand model, it fully outsources production to partner factories in Asia and focuses on the design, development, and omni-channel marketing of footwear, apparel, and sports equipment. Adhering to a "Single Brand, Multiple Categories" strategy, Li-Ning successfully blends professional sports technologies (e.g., "Boom", "Jiang") with its premium "China Li-Ning" fashion line, leading the "China-chic" trend. With revenue reaching RMB 27.6 billion in 2024, it ranks at the forefront of China's sportswear market, serving as a benchmark for brand revival through cultural confidence and product innovation.
Strengths: Li-Ning's core strengths are its unique and profound brand cultural assets, combining the founder's national hero image as the "Prince of Gymnastics" with its leadership in the "China-chic" trend, building high emotional resonance and premium pricing power; concurrently, the company possesses top-tier product design and technological capabilities in professional domains like basketball and running, and as a single-brand company, demonstrates exceptional profitability and refined retail operational efficiency.
Weaknesses: Li-Ning's main weaknesses are the intense all-front competition it faces in the relatively saturated domestic market from Anta, Nike, and Adidas, creating significant pressure on growth space and market share capture; furthermore, its growth is heavily reliant on the single "Li-Ning" master brand, presenting a structural weakness in risk diversification compared to multi-brand groups, and its international expansion remains at an early stage with uncertain outcomes.Read MoreShow Less
Strengths: Li-Ning's core strengths are its unique and profound brand cultural assets, combining the founder's national hero image as the "Prince of Gymnastics" with its leadership in the "China-chic" trend, building high emotional resonance and premium pricing power; concurrently, the company possesses top-tier product design and technological capabilities in professional domains like basketball and running, and as a single-brand company, demonstrates exceptional profitability and refined retail operational efficiency.
Weaknesses: Li-Ning's main weaknesses are the intense all-front competition it faces in the relatively saturated domestic market from Anta, Nike, and Adidas, creating significant pressure on growth space and market share capture; furthermore, its growth is heavily reliant on the single "Li-Ning" master brand, presenting a structural weakness in risk diversification compared to multi-brand groups, and its international expansion remains at an early stage with uncertain outcomes.
Listed market data
HK · HKEX · weeklyHistory →- Market cap
- $4.4 B
- Share price
- HKD 14.47
- 1Y change
- -17.8%
- Recent change
- +4.3%
- Since first close
- +564.3%
11-02 → 11-03
from 2004-06
Financial history
Full market history- 2026-11HKD 14.47$4.4 B+5.2%
- 2026-10HKD 13.75$4.2 B+10.1%
- 2026-09HKD 12.49$3.8 B-8.4%
- 2026-08HKD 13.63$4.1 B-10.0%
- 2026-07HKD 15.15$4.6 B+2.9%
- 2026-06HKD 14.72$4.4 B-19.1%
- 2026-05HKD 18.20$5.5 B-10.0%
- 2026-04HKD 20.22$6.1 B-5.5%
- 2026-03HKD 21.40$6.5 B-5.0%
- 2026-02HKD 22.52$6.8 B+10.2%
- 2026-01HKD 20.44$6.2 B+9.5%
- 2025-12HKD 18.66$5.6 B—
Ownership & Control
Shareholding as of 2026-06-30- Controlling entity
- Publicly held — no controlling shareholder disclosed
- Company type
- Brand & Manufacturer
- Insiders
- 19.91%
- Institutions
- 40.33%(265 holders)
- Free float
- 50.35%
Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.
In the press
All coverage →5 latest headlines1- Li Ning Company Limited (2331.HK) Seasonal Returns Chart - Yahoo Finance - Yahoo! Finance Canadaca.finance.yahoo.com2026-10-30
- Li Ning Company Limited (2331.HK) Seasonal returns chart - Yahoo Finance UKuk.finance.yahoo.com2026-10-30
- Li Ning (SEHK:2331) Stock Forecast & Analyst Predictions - Simply Wall Stsimplywall.st2026-10-28
- Li Ning Q3 2026: China sell-through declines again - Sporting Goods Intelligence Europewww.sgieurope.com2026-10-27
- Li Ning Company Limited Estimates – HKEX:2331 - TradingViewwww.tradingview.com2026-10-23
Quick Facts
Headquarters
Beijing, Beijing, China
Founded
1989
Employees
8K+
Market cap
$4.4 B
Presence
30+ Countries
Listing
HKEX: HKCategories
15 categories · scroll for more
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Data Sources & Methodology
This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.
VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.
Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.
Key references: SEHK : 2331