Li Ning Co (HKSE:02331) Equity-to-Asset : 0.71 (As of Dec. 2023)

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What is Li Ning Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Li Ning Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$26,695 Mil. Li Ning Co's Total Assets for the quarter that ended in Dec. 2023 was HK$37,416 Mil. Therefore, Li Ning Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

The historical rank and industry rank for Li Ning Co's Equity-to-Asset or its related term are showing as below:

HKSE:02331' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.63 Max: 0.72
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Li Ning Co was 0.72. The lowest was 0.32. And the median was 0.63.

HKSE:02331's Equity-to-Asset is ranked better than
78.72% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:02331: 0.71

Li Ning Co Equity-to-Asset Historical Data

The historical data trend for Li Ning Co's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Li Ning Co Equity-to-Asset Chart

Li Ning Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.57

0.60

0.70

0.72

0.71

Li Ning Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.70	0.71	0.72	0.74	0.71

Competitive Comparison of Li Ning Co's Equity-to-Asset

For the Leisure subindustry, Li Ning Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Li Ning Co's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Li Ning Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Li Ning Co's Equity-to-Asset falls into.

Li Ning Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Li Ning Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	26695.469	/	37415.773
	=	0.71

Li Ning Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	26695.469	/	37415.773
	=	0.71

Li Ning Co (HKSE:02331) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Li Ning Co Equity-to-Asset Related Terms

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Li Ning Co (HKSE:02331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Li Ning Co Ltd (HKSE:02331) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

LNNGY:USA LNNGF:USA LNLB:Germany

Address

No. 8 Xing Guang 5th Street, Opto-Mechatronics Industrial Park, Zhongguancun Science and Technology Area, Tongzhou District, Beijing, CHN, 101111

Website

https://www.lining.com

Established in 1989, Li Ning is one of the largest sportswear companies in China. Headquartered in Beijing, Li Ning mainly sells professional and leisure footwear and apparel under the Li Ning brand. Despite having a single-brand strategy, Li Ning launched multiple sub-brands (such as China Li Ning and Li Ning 1990) to appeal to different demographics. As of the end of 2021, the company had 7,137 stores in China, of which 1,232 were directly operated, and 5,905 were franchised.

Li Ning Co (HKSE:02331) Headlines

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