Li Ning Company Limited

Li Ning Company Limitedverified

LNNGY

Price:

$51.25

Market Cap:

$37.51B

Li Ning Company Limited engages in the research and development, design, manufacture, marketing, distribution, and retail of sporting goods in the People's Republic of China. The company offers sporting goods, including footwear, apparel, equipment, and accessories for professional and leisure purposes primarily under the LI-NING brand. It also develops, manufactures, markets, distributes, and/or sells outdoor sports products under the AIGLE brand; table tennis under the Double Happiness brand name; fashionable fitness products for dance and yoga under the Danskin brand; and badminton under the Kason brand name. As of December 31, 2021, the company operated 7,137 conventional stores, flagshi...[Read more]

Industry

Leisure

IPO Date

2012-08-13

Stock Exchange

PNK

Ticker

LNNGY

The Current Ratio as of November 2024 (TTM) for Li Ning Company Limited (LNNGY) is 2.36

According to Li Ning Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.36. This represents a change of 17.82% compared to the average of 2.00 of the last 4 quarters.

Li Ning Company Limited (LNNGY) Historical Current Ratio (quarterly & annually)

How has LNNGY Current Ratio performed in the past?

The mean historical Current Ratio of Li Ning Company Limited over the last ten years is 1.99. The current 2.36 Current Ratio has changed 11.73% with respect to the historical average. Over the past ten years (40 quarters), LNNGY's Current Ratio was at its highest in in the December 2021 quarter at 2.42. The Current Ratio was at its lowest in in the December 2012 quarter at 1.20.

Quarterly (TTM)
Annual

Average

1.99

Median

1.91

Minimum

1.48

Maximum

2.42

Li Ning Company Limited (LNNGY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Li Ning Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 49.99%

Maximum Annual Current Ratio = 2.42

Minimum Annual Increase = -29.37%

Minimum Annual Current Ratio = 1.48

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.889.73%
20221.71-29.37%
20212.4224.33%
20201.957.68%
20191.81-21.26%
20182.30-4.26%
20172.4038.09%
20161.74-21.60%
20152.2249.99%
20141.48-24.67%

Li Ning Company Limited (LNNGY) Average Current Ratio

How has LNNGY Current Ratio performed in the past?

The current Current Ratio of Li Ning Company Limited (LNNGY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.00

5-year avg

1.95

10-year avg

1.99

Li Ning Company Limited (LNNGY) Current Ratio vs. Peers

How is LNNGY’s Current Ratio compared to its peers?

Li Ning Company Limited’s Current Ratio is greater than YETI Holdings, Inc. (2.29), greater than Topgolf Callaway Brands Corp. (1.93), greater than Acushnet Holdings Corp. (2.28), greater than Planet Fitness, Inc. (1.81), greater than Bowlero Corp. (0.46), greater than SeaWorld Entertainment, Inc. (0.95),

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