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Li Ning Company Limited

2331.HK

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
3,728
Cost of Revenue
1,888
Gross Profit
1,840
Gross Margin
49.4%
Operating Income
478
Operating Margin
12.8%
Net Income
392
Net Margin
10.5%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
796
EBITDA Margin
21.4%

2023

12/31/2023

Revenue
3,588
Cost of Revenue
1,852
Gross Profit
1,736
Gross Margin
48.4%
Operating Income
463
Operating Margin
12.9%
Net Income
414
Net Margin
11.5%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
821
EBITDA Margin
22.9%

2022

12/31/2022

Revenue
3,354
Cost of Revenue
1,731
Gross Profit
1,623
Gross Margin
48.4%
Operating Income
635
Operating Margin
18.9%
Net Income
528
Net Margin
15.7%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
906
EBITDA Margin
27.0%

2021

12/31/2021

Revenue
2,934
Cost of Revenue
1,378
Gross Profit
1,556
Gross Margin
53.0%
Operating Income
668
Operating Margin
22.8%
Net Income
521
Net Margin
17.8%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
849
EBITDA Margin
28.9%

2020

12/31/2020

Revenue
1,879
Cost of Revenue
957
Gross Profit
922
Gross Margin
49.1%
Operating Income
285
Operating Margin
15.2%
Net Income
221
Net Margin
11.7%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
431
EBITDA Margin
22.9%