Below are the financial statements of Li Ning, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of CNY | 2024 | 2023 |
---|---|---|
Non-current assets | — | — |
Property, plant and equipment | 4,610.45a | 4,123.95a |
Right-of-use assets | 1,576.67a | 2,184.05a |
Investment properties | 2,913.83a | 1,560.46a |
Land use rights | 150.86a | 154.65a |
Intangible assets | 234.74a | 220.87a |
Deferred income tax assets | 949.42a | 800.96a |
Other assets | 5.45a | 203.07a |
Investments accounted for using the equity method | 1,743.94a | 1,606.6a |
Investments measured at fair value through profit or loss | 450.32a | 428.19a |
Other receivables | 166.52a | 234.88a |
Term bank deposits | 2,377.97a | 9,037.14a |
Total non-current assets | 15,180.16a | 20,554.82a |
Current assets | — | — |
Inventories | 2,598.23a | 2,493.21a |
Other assets - current portion | 893.78a | 838.18a |
Trade receivables | 1,004.59a | 1,205.53a |
Other receivables - current portion | 245.43a | 177.69a |
Restricted bank deposits | 23.26a | 0.81a |
Term bank deposits - current portion | 8,264.36a | 3,493.69a |
Cash and cash equivalents | 7,498.6a | 5,443.88a |
Total current assets | 20,528.24a | 13,652.98a |
Total assets | 35,708.41a | 34,207.8a |
Capital and reserves attributable to equity holders of the company | — | — |
Ordinary shares | 235.85a | 239.55a |
Share premium | 9,011.39a | 10,172.64a |
Treasury shares | -290.9a | -1,037.93a |
Other reserves | 2,251.67a | 2,021.51a |
Retained earnings | 14,895.67a | 13,010.87a |
Total equity | 26,103.69a | 24,406.64a |
Non-current liabilities | — | — |
License fees payable | 16.5a | 8.58a |
Lease liabilities | 1,384.53a | 1,825.29a |
Deferred income tax liabilities | 568.75a | 627.23a |
Deferred income | 48.99a | 71.59a |
Total non-current liabilities | 2,018.77a | 2,532.69a |
Current liabilities | — | — |
Trade payables | 1,625.13a | 1,789.8a |
Contract liabilities | 368.52a | 552.54a |
Lease liabilities - current portion | 551.61a | 716.67a |
Other payables and accruals | 4,049.42a | 3,255.71a |
License fees payable - current portion | 40.92a | 38.48a |
Current income tax liabilities | 950.35a | 915.28a |
Total current liabilities | 7,585.95a | 7,268.48a |
Total liabilities | 9,604.72a | 9,801.16a |
Total equity and liabilities | 35,708.41a | 34,207.8a |
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