Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Li Ning Co's share price for the quarter that ended in Dec. 2023 was HK$20.9. Li Ning Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,584 Mil. Therefore, Li Ning Co's market cap for the quarter that ended in Dec. 2023 was HK$54,016 Mil.
Li Ning Co's quarterly market cap
declined
from Dec. 2022 (HK$178,591 Mil) to Jun. 2023 (HK$111,109 Mil) and
declined
from Jun. 2023 (HK$111,109 Mil) to Dec. 2023 (HK$54,016 Mil).
Li Ning Co's annual market cap
declined
from Dec. 2021 (HK$222,967 Mil) to Dec. 2022 (HK$178,591 Mil) and
declined
from Dec. 2022 (HK$178,591 Mil) to Dec. 2023 (HK$54,016 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Li Ning Co's Enterprise Value for Today is HK$47,492 Mil.
Li Ning Co Market Cap Historical Data
The historical data trend for Li Ning Co's Market Cap 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.
For the Leisure subindustry, Li Ning Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Li Ning Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Li Ning Co's Market Cap falls into.
Li Ning Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Li Ning Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Li Ning Co (HKSE:02331) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Li Ning Co Market Cap Related Terms
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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.
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