Li Ning Co (FRA:LNL) Research & Development: €0 Mil (TTM As of Dec. 2025)


FRA:LNL Li Ning Co Ltd FRA:LNL
98 GF Score
Price €38.80
GF Value €54.07
! 3 Warning Signs
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What is Li Ning Co Research & Development?

Li Ning Co FRA:LNL -2.02% 98 Research & Development is €0 Mil as of Dec. 2025. GuruFocus rates FRA:LNL with a GF Score™ of 98/100 and a GF Value™ of €54.07. The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Li Ning Co's Research & Development for the six months ended in Dec. 2025 was €0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was €0 Mil.

Li Ning Co  (FRA:LNL) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Li Ning Co Research & Development Related Terms

Li Ning Co Research & Development Historical Data

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The historical data trend for Li Ning Co's Research & Development 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.

Li Ning Co Research & Development Chart

Li Ning Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
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Li Ning Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
FRA:LNL
98GF Score
Li Ning Co Ltd FRA:LNL
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Li Ning Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €0 Mil mean?
Li Ning Co (FRA:LNL) has a Research & Development of €0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Li Ning Co and its competitors.
Is Li Ning Co's Research & Development too high?
Li Ning Co's current Research & Development is €0 Mil. Overall, Li Ning Co has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Li Ning Co's Research & Development compare to AS and HAS?
Li Ning Co's Research & Development of €0 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Travel & Leisure company?
A good Research & Development depends on the Travel & Leisure industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Li Ning Co and its competitors. Li Ning Co's current Research & Development is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Ning Co stock overvalued right now?
Li Ning Co (FRA:LNL) has a current Research & Development of €0 Mil. The stock's GF Value™ is €54.07, compared to a current price of €38.80 — trading 28.2% below its estimated fair value. The current Research & Development is €0 Mil. Li Ning Co's overall GF Score™ is 98/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Li Ning Co (FRA:LNL), the current Research & Development is €0 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Li Ning Co (FRA:LNL) Overvalued in 2026?

Based on GuruFocus' analysis, Li Ning Co stock appears to be undervalued. The current stock price of €38.80 is trading 28.2% below its estimated GF Value™ of €54.07.

Key valuation signals for FRA:LNL:

  • Research & Development: €0 Mil
  • GF Value™: €54.07 vs. price of €38.80 (28.2% below fair value)
  • GF Score™: 98/100 with 3 warning signs

No single metric tells the full story. See the FRA:LNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Li Ning Co Business Description

Address No. 8 Xing Guang 5th Street, Beijing Economic-Technological Development Area, Tongzhou District, Beijing, CHN, 101111
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 2024, the company had 7,585 stores in China, of which 1,297 were directly operated, and the rest franchised.
98GF Score

Get the complete analysis for FRA:LNL

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€38.80
Price
€54.07
GF Value