LNNGF (Li Ning Co) 3-Year Share Buyback Ratio: 1.10% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LNNGF Li Ning Co Ltd LNNGF
76 GF Score
Price $1.78
GF Value $2.32
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Li Ning Co 3-Year Share Buyback Ratio?

Li Ning Co LNNGF +7.58% 76 3-Year Share Buyback Ratio is 1.10 as of Jun. 2026. GuruFocus rates LNNGF with a GF Score™ of 76/100 and a GF Value™ of $2.32 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 451 Travel & Leisure companies, Li Ning Co ranks better than 80.93% on this metric.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Li Ning Co's current 3-Year Share Buyback Ratio was 1.10%.

The historical rank and industry rank for Li Ning Co's 3-Year Share Buyback Ratio or its related term are showing as below:

LNNGF' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -17.5   Med: -4.65   Max: 1.1
Current: 1.1

During the past 13 years, Li Ning Co's highest 3-Year Share Buyback Ratio was 1.10%. The lowest was -17.50%. And the median was -4.65%.

LNNGF's 3-Year Share Buyback Ratio is ranked better than
80.93% of 451 companies
in the Travel & Leisure industry
Industry Median: -0.7 vs LNNGF: 1.10

Li Ning Co (OTCPK:LNNGF) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Li Ning Co 3-Year Share Buyback Ratio Related Terms


LNNGF vs AS, HAS, LTH: 3-Year Share Buyback Ratio Comparison

For the Leisure subindustry, Li Ning Co's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Li Ning Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Li Ning Co's 3-Year Share Buyback Ratio falls into.


LNNGF
76GF Score
Li Ning Co Ltd LNNGF
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Li Ning Co 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Share Buyback Ratio of 1.10 mean?
Li Ning Co (LNNGF) has a 3-Year Share Buyback Ratio of 1.10 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Li Ning Co and its competitors. According to the industry distribution chart, Li Ning Co ranks #86 out of 451 companies in the Travel & Leisure industry, placing it in the top 19.1%.
Is Li Ning Co's 3-Year Share Buyback Ratio too high?
Li Ning Co's current 3-Year Share Buyback Ratio is 1.10. Based on the distribution chart, Li Ning Co ranks #86 out of 451 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Li Ning Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Li Ning Co's 3-Year Share Buyback Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Li Ning Co ranks #86 out of 451 companies for 3-Year Share Buyback Ratio. This places Li Ning Co in the top 19% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Travel & Leisure company?
A good 3-Year Share Buyback Ratio depends on the Travel & Leisure industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Li Ning Co and its competitors. Li Ning Co's current 3-Year Share Buyback Ratio is 1.10. 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?
Based on GuruFocus' analysis, Li Ning Co (LNNGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.32, compared to a current price of $1.78 — trading 23.5% below its estimated fair value. The current 3-Year Share Buyback Ratio is 1.10. Li Ning Co's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Li Ning Co (LNNGF), the current 3-Year Share Buyback Ratio is 1.10 as of Jun. 2026. 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 (LNNGF) Overvalued in 2026?

Based on GuruFocus' analysis, Li Ning Co stock appears to be undervalued. The current stock price of $1.78 is trading 23.5% below its estimated GF Value™ of $2.32. GuruFocus considers Li Ning Co to be Modestly Undervalued.

Key valuation signals for LNNGF:

  • 3-Year Share Buyback Ratio: 1.10
  • GF Value™: $2.32 vs. price of $1.78 (23.5% below fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the LNNGF 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.
76GF Score

Get the complete analysis for LNNGF

3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.78
Price
$2.32
GF Value