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Li Ning Co Ltd
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Let's analyse Li Ning Co Ltd together

PenkeI guess you are interested in Li Ning Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Li Ning Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Li Ning Co Ltd (30 sec.)










What can you expect buying and holding a share of Li Ning Co Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.25
When do you have the money?
1 year
How often do you get paid?
60.0%

What is your share worth?

Current worth
HK$10.00
Expected worth in 1 year
HK$15.07
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
HK$7.04
Return On Investment
35.3%

For what price can you sell your share?

Current Price per Share
HK$19.92
Expected price per share
HK$15.98 - HK$24.55
How sure are you?
50%

1. Valuation of Li Ning Co Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$19.92

Intrinsic Value Per Share

HK$0.30 - HK$17.29

Total Value Per Share

HK$10.29 - HK$27.29

2. Growth of Li Ning Co Ltd (5 min.)




Is Li Ning Co Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$3.3b$2.9b$446.3m13.3%

How much money is Li Ning Co Ltd making?

Current yearPrevious yearGrowGrow %
Making money$561.9m$554.6m$7.3m1.3%
Net Profit Margin15.7%17.8%--

How much money comes from the company's main activities?

3. Financial Health of Li Ning Co Ltd (5 min.)




4. Comparing to competitors in the Leisure industry (5 min.)




  Industry Rankings (Leisure)  


Richest
#7 / 170

Most Revenue
#3 / 170

Most Profit
#2 / 170

What can you expect buying and holding a share of Li Ning Co Ltd? (5 min.)

Welcome investor! Li Ning Co Ltd's management wants to use your money to grow the business. In return you get a share of Li Ning Co Ltd.

What can you expect buying and holding a share of Li Ning Co Ltd?

First you should know what it really means to hold a share of Li Ning Co Ltd. And how you can make/lose money.

Speculation

The Price per Share of Li Ning Co Ltd is HK$19.92. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Li Ning Co Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Li Ning Co Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$10.00. Based on the TTM, the Book Value Change Per Share is HK$1.27 per quarter. Based on the YOY, the Book Value Change Per Share is HK$5.09 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.49 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Li Ning Co Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.211.1%0.211.1%0.211.1%0.130.6%0.060.3%
Usd Book Value Change Per Share0.160.8%0.160.8%0.653.3%0.201.0%0.120.6%
Usd Dividend Per Share0.060.3%0.060.3%0.030.1%0.030.1%0.010.1%
Usd Total Gains Per Share0.221.1%0.221.1%0.683.4%0.231.1%0.130.7%
Usd Price Per Share8.66-8.66-10.91-6.09-3.37-
Price to Earnings Ratio40.58-40.58-51.45-46.43-93.17-
Price-to-Total Gains Ratio38.51-38.51-16.10-35.53-21.83-
Price to Book Ratio6.78-6.78-9.78-8.49-6.05-
Price-to-Total Gains Ratio38.51-38.51-16.10-35.53-21.83-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.545776
Number of shares392
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.03
Usd Book Value Change Per Share0.160.20
Usd Total Gains Per Share0.220.23
Gains per Quarter (392 shares)88.1489.30
Gains per Year (392 shares)352.56357.21
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19825434342315347
219750869684631704
329576310491259461061
43931017140216712621418
54921271175520915771775
65901525210825118932132
76891779246129222082489
87872034281433425242846
98852288316737628393203
109842542352041831553560

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%16.03.00.084.2%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%17.02.00.089.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.04.060.0%14.00.05.073.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%17.02.00.089.5%

Fundamentals of Li Ning Co Ltd

About Li Ning Co Ltd

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 products under the Double Happiness brand name; fashionable fitness products for dance and yoga under the Danskin brand; and badminton products under the Kason brand name. The company also provides administrative and property management services. It operates conventional stores, flagship stores, China LI-NING stores, factory outlets, and multi-brand stores under the LI-NING brand. Li Ning Company Limited was founded in 1990 and is headquartered in Beijing, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-25 16:32:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Li Ning Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Li Ning Co Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Li Ning Co Ltd to the Leisure industry mean.
  • A Net Profit Margin of 15.7% means that $0.16 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Li Ning Co Ltd:

  • The MRQ is 15.7%. The company is making a huge profit. +2
  • The TTM is 15.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ15.7%TTM15.7%0.0%
TTM15.7%YOY17.8%-2.0%
TTM15.7%5Y12.6%+3.2%
5Y12.6%10Y5.9%+6.7%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ15.7%1.7%+14.0%
TTM15.7%1.4%+14.3%
YOY17.8%4.9%+12.9%
5Y12.6%0.2%+12.4%
10Y5.9%2.3%+3.6%
1.1.2. Return on Assets

Shows how efficient Li Ning Co Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Li Ning Co Ltd to the Leisure industry mean.
  • 12.1% Return on Assets means that Li Ning Co Ltd generated $0.12 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Li Ning Co Ltd:

  • The MRQ is 12.1%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 12.1%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ12.1%TTM12.1%0.0%
TTM12.1%YOY13.2%-1.2%
TTM12.1%5Y11.4%+0.7%
5Y11.4%10Y5.4%+6.0%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ12.1%0.4%+11.7%
TTM12.1%0.5%+11.6%
YOY13.2%0.9%+12.3%
5Y11.4%0.5%+10.9%
10Y5.4%1.1%+4.3%
1.1.3. Return on Equity

Shows how efficient Li Ning Co Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Li Ning Co Ltd to the Leisure industry mean.
  • 16.7% Return on Equity means Li Ning Co Ltd generated $0.17 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Li Ning Co Ltd:

  • The MRQ is 16.7%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 16.7%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ16.7%TTM16.7%0.0%
TTM16.7%YOY19.0%-2.3%
TTM16.7%5Y17.7%-1.0%
5Y17.7%10Y6.1%+11.7%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ16.7%0.7%+16.0%
TTM16.7%1.0%+15.7%
YOY19.0%1.8%+17.2%
5Y17.7%0.6%+17.1%
10Y6.1%1.7%+4.4%

1.2. Operating Efficiency of Li Ning Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Li Ning Co Ltd is operating .

  • Measures how much profit Li Ning Co Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Li Ning Co Ltd to the Leisure industry mean.
  • An Operating Margin of 18.2% means the company generated $0.18  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Li Ning Co Ltd:

  • The MRQ is 18.2%. The company is operating efficient. +1
  • The TTM is 18.2%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ18.2%TTM18.2%0.0%
TTM18.2%YOY22.3%-4.1%
TTM18.2%5Y14.5%+3.7%
5Y14.5%10Y7.3%+7.2%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ18.2%5.7%+12.5%
TTM18.2%4.6%+13.6%
YOY22.3%5.1%+17.2%
5Y14.5%3.0%+11.5%
10Y7.3%3.5%+3.8%
1.2.2. Operating Ratio

Measures how efficient Li Ning Co Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Leisure industry mean).
  • An Operation Ratio of 1.34 means that the operating costs are $1.34 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Li Ning Co Ltd:

  • The MRQ is 1.342. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.342. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.342TTM1.3420.000
TTM1.342YOY1.252+0.090
TTM1.3425Y1.157+0.186
5Y1.15710Y1.078+0.079
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3421.350-0.008
TTM1.3421.354-0.012
YOY1.2521.389-0.137
5Y1.1571.367-0.210
10Y1.0781.189-0.111

1.3. Liquidity of Li Ning Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Li Ning Co Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Leisure industry mean).
  • A Current Ratio of 1.71 means the company has $1.71 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Li Ning Co Ltd:

  • The MRQ is 1.712. The company is able to pay all its short-term debts. +1
  • The TTM is 1.712. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.712TTM1.7120.000
TTM1.712YOY2.424-0.712
TTM1.7125Y2.039-0.327
5Y2.03910Y2.000+0.039
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7121.713-0.001
TTM1.7121.744-0.032
YOY2.4241.752+0.672
5Y2.0391.913+0.126
10Y2.0001.743+0.257
1.3.2. Quick Ratio

Measures if Li Ning Co Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Li Ning Co Ltd to the Leisure industry mean.
  • A Quick Ratio of 1.34 means the company can pay off $1.34 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Li Ning Co Ltd:

  • The MRQ is 1.338. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.338. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.338TTM1.3380.000
TTM1.338YOY2.135-0.797
TTM1.3385Y1.628-0.290
5Y1.62810Y1.418+0.210
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3380.658+0.680
TTM1.3380.706+0.632
YOY2.1350.784+1.351
5Y1.6280.907+0.721
10Y1.4180.775+0.643

1.4. Solvency of Li Ning Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Li Ning Co Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Li Ning Co Ltd to Leisure industry mean.
  • A Debt to Asset Ratio of 0.28 means that Li Ning Co Ltd assets are financed with 27.7% credit (debt) and the remaining percentage (100% - 27.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Li Ning Co Ltd:

  • The MRQ is 0.277. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.277. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.277TTM0.2770.000
TTM0.277YOY0.303-0.026
TTM0.2775Y0.350-0.073
5Y0.35010Y0.413-0.063
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2770.458-0.181
TTM0.2770.463-0.186
YOY0.3030.481-0.178
5Y0.3500.455-0.105
10Y0.4130.450-0.037
1.4.2. Debt to Equity Ratio

Measures if Li Ning Co Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Li Ning Co Ltd to the Leisure industry mean.
  • A Debt to Equity ratio of 38.3% means that company has $0.38 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Li Ning Co Ltd:

  • The MRQ is 0.383. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.383. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.383TTM0.3830.000
TTM0.383YOY0.435-0.052
TTM0.3835Y0.552-0.169
5Y0.55210Y0.814-0.262
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3830.758-0.375
TTM0.3830.812-0.429
YOY0.4350.894-0.459
5Y0.5520.905-0.353
10Y0.8140.905-0.091

2. Market Valuation of Li Ning Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Li Ning Co Ltd generates.

  • Above 15 is considered overpriced but always compare Li Ning Co Ltd to the Leisure industry mean.
  • A PE ratio of 40.58 means the investor is paying $40.58 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Li Ning Co Ltd:

  • The EOD is 11.931. Based on the earnings, the company is underpriced. +1
  • The MRQ is 40.580. Based on the earnings, the company is overpriced. -1
  • The TTM is 40.580. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD11.931MRQ40.580-28.648
MRQ40.580TTM40.5800.000
TTM40.580YOY51.455-10.875
TTM40.5805Y46.433-5.853
5Y46.43310Y93.172-46.740
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD11.9317.679+4.252
MRQ40.5807.046+33.534
TTM40.58011.386+29.194
YOY51.4558.482+42.973
5Y46.43311.581+34.852
10Y93.17214.427+78.745
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Li Ning Co Ltd:

  • The EOD is 23.275. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 79.162. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 79.162. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD23.275MRQ79.162-55.887
MRQ79.162TTM79.1620.000
TTM79.162YOY37.540+41.622
TTM79.1625Y43.652+35.510
5Y43.65210Y23.352+20.300
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD23.2752.373+20.902
MRQ79.1622.709+76.453
TTM79.162-0.189+79.351
YOY37.5401.977+35.563
5Y43.652-0.202+43.854
10Y23.3520.284+23.068
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Li Ning Co Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Leisure industry mean).
  • A PB ratio of 6.78 means the investor is paying $6.78 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Li Ning Co Ltd:

  • The EOD is 1.993. Based on the equity, the company is underpriced. +1
  • The MRQ is 6.778. Based on the equity, the company is overpriced. -1
  • The TTM is 6.778. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD1.993MRQ6.778-4.785
MRQ6.778TTM6.7780.000
TTM6.778YOY9.780-3.002
TTM6.7785Y8.494-1.716
5Y8.49410Y6.053+2.441
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD1.9931.456+0.537
MRQ6.7781.649+5.129
TTM6.7781.720+5.058
YOY9.7801.977+7.803
5Y8.4942.203+6.291
10Y6.0532.464+3.589
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Li Ning Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.2691.2690%5.089-75%1.574-19%0.924+37%
Book Value Per Share--9.9959.9950%8.727+15%5.556+80%3.512+185%
Current Ratio--1.7121.7120%2.424-29%2.039-16%2.000-14%
Debt To Asset Ratio--0.2770.2770%0.303-9%0.350-21%0.413-33%
Debt To Equity Ratio--0.3830.3830%0.435-12%0.552-31%0.814-53%
Dividend Per Share--0.4910.4910%0.213+130%0.208+136%0.113+334%
Eps--1.6701.6700%1.659+1%0.993+68%0.497+236%
Free Cash Flow Per Share--0.8560.8560%2.274-62%1.120-24%0.582+47%
Free Cash Flow To Equity Per Share--0.0800.0800%5.415-99%1.491-95%0.795-90%
Gross Profit Margin--1.0001.0000%1.0000%-1.151+215%-19.135+2013%
Intrinsic Value_10Y_max--17.294--------
Intrinsic Value_10Y_min--0.296--------
Intrinsic Value_1Y_max--1.416--------
Intrinsic Value_1Y_min--0.448--------
Intrinsic Value_3Y_max--4.496--------
Intrinsic Value_3Y_min--0.991--------
Intrinsic Value_5Y_max--7.867--------
Intrinsic Value_5Y_min--1.142--------
Market Cap51482841600.000-247%178448052222.500178448052222.5000%223322186163.750-20%124290207677.250+44%68686422718.625+160%
Net Profit Margin--0.1570.1570%0.178-11%0.126+25%0.059+169%
Operating Margin--0.1820.1820%0.223-18%0.145+25%0.073+148%
Operating Ratio--1.3421.3420%1.252+7%1.157+16%1.078+25%
Pb Ratio1.993-240%6.7786.7780%9.780-31%8.494-20%6.053+12%
Pe Ratio11.931-240%40.58040.5800%51.455-21%46.433-13%93.172-56%
Price Per Share19.920-240%67.75067.7500%85.350-21%47.620+42%26.341+157%
Price To Free Cash Flow Ratio23.275-240%79.16279.1620%37.540+111%43.652+81%23.352+239%
Price To Total Gains Ratio11.322-240%38.50838.5080%16.099+139%35.530+8%21.828+76%
Quick Ratio--1.3381.3380%2.135-37%1.628-18%1.418-6%
Return On Assets--0.1210.1210%0.132-9%0.114+6%0.054+122%
Return On Equity--0.1670.1670%0.190-12%0.177-6%0.061+175%
Total Gains Per Share--1.7591.7590%5.302-67%1.783-1%1.037+70%
Usd Book Value--3364574778.7433364574778.7430%2918183018.019+15%1854892902.356+81%1170045734.330+188%
Usd Book Value Change Per Share--0.1620.1620%0.650-75%0.201-19%0.118+37%
Usd Book Value Per Share--1.2771.2770%1.115+15%0.710+80%0.449+185%
Usd Dividend Per Share--0.0630.0630%0.027+130%0.027+136%0.014+334%
Usd Eps--0.2130.2130%0.212+1%0.127+68%0.063+236%
Usd Free Cash Flow--288087781.876288087781.8760%760273560.733-62%373031138.102-23%193825787.233+49%
Usd Free Cash Flow Per Share--0.1090.1090%0.291-62%0.143-24%0.074+47%
Usd Free Cash Flow To Equity Per Share--0.0100.0100%0.692-99%0.191-95%0.102-90%
Usd Market Cap6579507156.480-247%22805661074.03622805661074.0360%28540575391.727-20%15884288541.153+44%8778124823.440+160%
Usd Price Per Share2.546-240%8.6588.6580%10.908-21%6.086+42%3.366+157%
Usd Profit--561997275.785561997275.7850%554674279.387+1%331558774.556+70%165775197.019+239%
Usd Revenue--3568411247.1223568411247.1220%3121574461.519+14%2412183175.720+48%1711279335.817+109%
Usd Total Gains Per Share--0.2250.2250%0.678-67%0.228-1%0.133+70%
 EOD+4 -4MRQTTM+0 -0YOY+15 -205Y+21 -1510Y+28 -8

3.2. Fundamental Score

Let's check the fundamental score of Li Ning Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.931
Price to Book Ratio (EOD)Between0-11.993
Net Profit Margin (MRQ)Greater than00.157
Operating Margin (MRQ)Greater than00.182
Quick Ratio (MRQ)Greater than11.338
Current Ratio (MRQ)Greater than11.712
Debt to Asset Ratio (MRQ)Less than10.277
Debt to Equity Ratio (MRQ)Less than10.383
Return on Equity (MRQ)Greater than0.150.167
Return on Assets (MRQ)Greater than0.050.121
Total9/10 (90.0%)

3.3. Technical Score

Let's check the technical score of Li Ning Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.779
Ma 20Greater thanMa 5020.245
Ma 50Greater thanMa 10019.063
Ma 100Greater thanMa 20020.255
OpenGreater thanClose19.740
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in CNY. All numbers in thousands.

Summary
Total Assets33,646,519
Total Liabilities9,317,089
Total Stockholder Equity24,329,430
 As reported
Total Liabilities 9,317,089
Total Stockholder Equity+ 24,329,430
Total Assets = 33,646,519

Assets

Total Assets33,646,519
Total Current Assets12,394,895
Long-term Assets21,251,624
Total Current Assets
Cash And Cash Equivalents 7,382,218
Short-term Investments 643,324
Net Receivables 1,020,346
Inventory 2,428,040
Other Current Assets 212,989
Total Current Assets  (as reported)12,394,895
Total Current Assets  (calculated)11,686,917
+/- 707,978
Long-term Assets
Property Plant Equipment 5,256,792
Goodwill 107,384
Intangible Assets 109,852
Other Assets 3,051,519
Long-term Assets  (as reported)21,251,624
Long-term Assets  (calculated)8,525,547
+/- 12,726,077

Liabilities & Shareholders' Equity

Total Current Liabilities7,240,833
Long-term Liabilities2,073,758
Total Stockholder Equity24,329,430
Total Current Liabilities
Accounts payable 1,584,424
Other Current Liabilities 2,910,912
Total Current Liabilities  (as reported)7,240,833
Total Current Liabilities  (calculated)4,495,336
+/- 2,745,497
Long-term Liabilities
Long term Debt Total 1,473,905
Other Liabilities 599,853
Long-term Liabilities  (as reported)2,073,758
Long-term Liabilities  (calculated)2,073,758
+/-0
Total Stockholder Equity
Common Stock240,320
Retained Earnings 11,848,340
Capital Surplus 11,580,718
Other Stockholders Equity 660,052
Total Stockholder Equity (as reported)24,329,430
Total Stockholder Equity (calculated)24,329,430
+/-0
Other
Capital Stock240,320
Cash And Equivalents7,382,218
Cash and Short Term Investments 8,025,542
Common Stock Shares Outstanding 2,633,920
Liabilities and Stockholders Equity 33,646,519
Net Invested Capital 24,329,430
Net Tangible Assets 23,953,413
Net Working Capital 5,154,062
Property Plant and Equipment Gross 7,495,478



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-31
> Total Assets 
1,481,431
1,582,811
2,165,285
2,780,851
4,336,929
5,377,870
6,561,792
7,328,818
6,032,010
6,016,851
6,039,806
6,897,458
6,780,494
7,321,349
8,727,305
12,547,474
14,593,865
30,274,816
33,646,519
33,646,51930,274,81614,593,86512,547,4748,727,3057,321,3496,780,4946,897,4586,039,8066,016,8516,032,0107,328,8186,561,7925,377,8704,336,9292,780,8512,165,2851,582,8111,481,431
   > Total Current Assets 
0
1,463,196
1,888,809
2,173,799
2,817,944
3,161,975
4,193,587
4,781,600
3,926,903
3,961,650
3,962,719
5,483,516
4,650,440
5,110,382
6,386,254
8,539,316
9,776,556
18,671,854
12,394,895
12,394,89518,671,8549,776,5568,539,3166,386,2545,110,3824,650,4405,483,5163,962,7193,961,6503,926,9034,781,6004,193,5873,161,9752,817,9442,173,7991,888,8091,463,1960
       Cash And Cash Equivalents 
322,568
378,368
736,123
817,280
788,040
1,105,343
1,472,480
1,209,668
1,248,593
1,280,684
1,031,386
1,812,572
1,953,588
2,529,222
3,671,542
5,961,445
7,187,039
14,744,899
7,382,218
7,382,21814,744,8997,187,0395,961,4453,671,5422,529,2221,953,5881,812,5721,031,3861,280,6841,248,5931,209,6681,472,4801,105,343788,040817,280736,123378,368322,568
       Short-term Investments 
438,720
353,161
10,304
11,167
105,675
2,254
2,045
13,194
13,688
2,149
2,593
495
1,001
721
0
0
0
400,862
643,324
643,324400,8620007211,0014952,5932,14913,68813,1942,0452,254105,67511,16710,304353,161438,720
       Net Receivables 
262,485
403,898
689,094
798,798
1,273,514
1,263,850
1,915,509
2,438,967
1,745,042
1,736,449
1,639,408
1,414,113
1,730,429
1,477,901
966,235
726,082
723,992
902,857
1,020,346
1,020,346902,857723,992726,082966,2351,477,9011,730,4291,414,1131,639,4081,736,4491,745,0422,438,9671,915,5091,263,8501,273,514798,798689,094403,898262,485
       Other Current Assets 
36,513
37,152
80,959
0
0
0
0
0
0
2,149
2,593
962,390
1,001
721
508,736
444,532
519,986
135,177
212,989
212,989135,177519,986444,532508,7367211,001962,3902,5932,14900000080,95937,15236,513
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
2,130,054
2,210,967
2,341,051
4,008,158
4,817,309
11,602,962
21,251,624
21,251,62411,602,9624,817,3094,008,1582,341,0512,210,9672,130,054000000000000
       Property Plant Equipment 
89,399
95,796
156,887
340,036
629,305
638,181
720,578
831,693
857,616
791,071
861,173
740,305
827,677
838,185
830,085
2,020,010
2,131,037
2,958,652
5,256,792
5,256,7922,958,6522,131,0372,020,010830,085838,185827,677740,305861,173791,071857,616831,693720,578638,181629,305340,036156,88795,79689,399
       Goodwill 
0
0
0
0
106,839
179,226
179,226
179,226
179,226
179,226
246,313
139,474
139,474
139,474
139,474
103,080
103,080
107,384
107,384
107,384107,384103,080103,080139,474139,474139,474139,474246,313179,226179,226179,226179,226179,226106,8390000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
60,426
46,848
53,796
639,008
703,071
728,499
1,056,866
0
0
0
0001,056,866728,499703,071639,00853,79646,84860,426000000000
       Intangible Assets 
5,356
13,817
107,134
112,842
546,960
1,077,390
1,194,630
1,123,532
244,156
201,709
200,086
126,096
143,222
118,473
94,447
90,181
357,123
187,680
109,852
109,852187,680357,12390,18194,447118,473143,222126,096200,086201,709244,1561,123,5321,194,6301,077,390546,960112,842107,13413,8175,356
       Long-term Assets Other 
0
10,002
0
57,985
166,440
127,989
0
0
0
0
0
0
0
0
132,491
83
138,518
775,531
287,707
287,707775,531138,51883132,49100000000127,989166,44057,985010,0020
> Total Liabilities 
454,206
404,515
748,206
1,036,250
2,247,981
2,515,759
3,002,410
3,664,159
4,219,769
3,125,087
3,870,365
3,486,918
2,783,345
2,247,752
2,907,715
5,423,281
5,904,448
9,173,270
9,317,089
9,317,0899,173,2705,904,4485,423,2812,907,7152,247,7522,783,3453,486,9183,870,3653,125,0874,219,7693,664,1593,002,4102,515,7592,247,9811,036,250748,206404,515454,206
   > Total Current Liabilities 
454,206
404,515
688,452
977,429
2,086,843
1,864,928
2,371,642
3,063,067
3,276,565
2,017,723
2,679,141
2,471,786
2,673,915
2,127,810
2,777,471
4,716,620
5,015,057
7,703,848
7,240,833
7,240,8337,703,8485,015,0574,716,6202,777,4712,127,8102,673,9152,471,7862,679,1412,017,7233,276,5653,063,0672,371,6421,864,9282,086,843977,429688,452404,515454,206
       Short-term Debt 
0
0
0
0
0
0
0
0
0
1,045,727
550,782
378,999
767,986
0
0
0
0
0
0
000000767,986378,999550,7821,045,727000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
1,045,727
550,782
378,999
767,986
0
0
0
0
0
0
000000767,986378,999550,7821,045,727000000000
       Accounts payable 
260,997
214,162
424,460
490,417
863,470
826,433
1,190,960
1,462,398
960,982
913,988
953,429
997,473
1,047,323
1,145,113
1,133,314
1,348,206
1,227,129
1,599,282
1,584,424
1,584,4241,599,2821,227,1291,348,2061,133,3141,145,1131,047,323997,473953,429913,988960,9821,462,3981,190,960826,433863,470490,417424,460214,162260,997
       Other Current Liabilities 
153,209
190,353
263,992
387,012
615,893
778,525
868,434
762,610
868,426
903,735
1,022,824
621,305
386,664
436,050
1,058,293
2,215,275
3,387,539
3,424,521
2,910,912
2,910,9123,424,5213,387,5392,215,2751,058,293436,050386,664621,3051,022,824903,735868,426762,610868,434778,525615,893387,012263,992190,353153,209
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
109,430
119,942
130,244
706,661
889,391
1,466,861
2,073,758
2,073,7581,466,861889,391706,661130,244119,942109,430000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
910,033
0
0
0
557,451
688,642
956,475
1,473,905
1,473,905956,475688,642557,451000910,03300000000000
       Other Liabilities 
0
0
59,754
57,604
81,997
560,430
545,260
519,823
212,254
186,321
140,152
105,099
109,430
119,942
130,244
149,210
200,749
510,386
599,853
599,853510,386200,749149,210130,244119,942109,430105,099140,152186,321212,254519,823545,260560,43081,99757,60459,75400
> Total Stockholder Equity
1,010,017
1,160,924
1,399,490
1,744,601
1,896,413
2,674,508
3,369,302
3,471,843
1,613,597
2,684,230
1,951,858
3,179,903
3,994,599
5,071,047
5,817,040
7,121,639
8,686,863
21,101,546
24,329,430
24,329,43021,101,5468,686,8637,121,6395,817,0405,071,0473,994,5993,179,9031,951,8582,684,2301,613,5973,471,8433,369,3022,674,5081,896,4131,744,6011,399,4901,160,9241,010,017
   Common Stock
108,563
108,889
109,503
110,023
110,323
110,898
111,364
111,604
111,622
136,613
141,698
177,492
188,021
203,347
204,435
214,300
228,285
238,759
240,320
240,320238,759228,285214,300204,435203,347188,021177,492141,698136,613111,622111,604111,364110,898110,323110,023109,503108,889108,563
   Retained Earnings 
226,668
467,272
650,959
1,113,948
1,411,840
2,040,918
2,681,811
2,730,169
737,703
330,934
-469,056
-472,602
146,302
660,895
1,217,456
2,482,676
3,695,232
7,784,506
11,848,340
11,848,3407,784,5063,695,2322,482,6761,217,456660,895146,302-472,602-469,056330,934737,7032,730,1692,681,8112,040,9181,411,8401,113,948650,959467,272226,668
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
2,168,867
2,539,355
3,189,792
3,249,389
3,547,682
4,037,767
12,637,277
11,580,718
11,580,71812,637,2774,037,7673,547,6823,249,3893,189,7922,539,3552,168,86700000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
820,664
712,996
829,309
811,033
706,563
679,496
391,493
725,579
441,004
660,052
660,052441,004725,579391,493679,496706,563811,033829,309712,996820,664000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue25,803,383
Cost of Revenue-13,318,590
Gross Profit12,484,79312,484,793
 
Operating Income (+$)
Gross Profit12,484,793
Operating Expense-21,320,889
Operating Income4,886,758-8,836,096
 
Operating Expense (+$)
Research Development0
Selling General Administrative7,707,231
Selling And Marketing Expenses0
Operating Expense21,320,8897,707,231
 
Net Interest Income (+$)
Interest Income546,477
Interest Expense-133,554
Other Finance Cost-179,497
Net Interest Income233,426
 
Pretax Income (+$)
Operating Income4,886,758
Net Interest Income233,426
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,415,1004,886,758
EBIT - interestExpense = 4,557,617
5,415,163
4,197,388
Interest Expense133,554
Earnings Before Interest and Taxes (EBIT)4,691,1715,548,654
Earnings Before Interest and Taxes (EBITDA)6,971,320
 
After tax Income (+$)
Income Before Tax5,415,100
Tax Provision-1,351,329
Net Income From Continuing Ops4,063,7714,063,771
Net Income4,063,834
Net Income Applicable To Common Shares4,063,834
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses610,785
Total Other Income/Expenses Net0-233,426
 

Technical Analysis of Li Ning Co Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Li Ning Co Ltd. The general trend of Li Ning Co Ltd is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Li Ning Co Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Li Ning Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 22.50 < 22.60 < 24.55.

The bearish price targets are: 19.26 > 18.60 > 15.98.

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Li Ning Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Li Ning Co Ltd. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Li Ning Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Li Ning Co Ltd. The current macd is 0.26177002.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Li Ning Co Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Li Ning Co Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Li Ning Co Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Li Ning Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartLi Ning Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Li Ning Co Ltd. The current adx is 24.20.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Li Ning Co Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Li Ning Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Li Ning Co Ltd. The current sar is 24.55.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Li Ning Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Li Ning Co Ltd. The current rsi is 48.78. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Li Ning Co Ltd Daily Relative Strength Index (RSI) ChartLi Ning Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Li Ning Co Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Li Ning Co Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Li Ning Co Ltd Daily Stochastic Oscillator ChartLi Ning Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Li Ning Co Ltd. The current cci is -30.12012281.

Li Ning Co Ltd Daily Commodity Channel Index (CCI) ChartLi Ning Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Li Ning Co Ltd. The current cmo is -9.18732518.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Li Ning Co Ltd Daily Chande Momentum Oscillator (CMO) ChartLi Ning Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Li Ning Co Ltd. The current willr is -80.52173913.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Li Ning Co Ltd Daily Williams %R ChartLi Ning Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Li Ning Co Ltd.

Li Ning Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Li Ning Co Ltd. The current atr is 1.19430549.

Li Ning Co Ltd Daily Average True Range (ATR) ChartLi Ning Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Li Ning Co Ltd. The current obv is -655,652,087.

Li Ning Co Ltd Daily On-Balance Volume (OBV) ChartLi Ning Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Li Ning Co Ltd. The current mfi is 59.69.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Li Ning Co Ltd Daily Money Flow Index (MFI) ChartLi Ning Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Li Ning Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Li Ning Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Li Ning Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.779
Ma 20Greater thanMa 5020.245
Ma 50Greater thanMa 10019.063
Ma 100Greater thanMa 20020.255
OpenGreater thanClose19.740
Total1/5 (20.0%)
Penke

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