LNNGY (Li Ning Co) Total Operating Expense: $1,483 Mil (TTM As of Dec. 2025)


LNNGY Li Ning Co Ltd LNNGY
90 GF Score
Price $46.85
GF Value $66.76
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Li Ning Co Total Operating Expense?

Li Ning Co LNNGY +1.96% 90 Total Operating Expense is $1,483 Mil as of Dec. 2025. GuruFocus rates LNNGY with a GF Score™ of 90/100 and a GF Value™ of $66.76 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Li Ning Co's Total Operating Expense for the six months ended in Dec. 2025 was $792 Mil. Li Ning Co's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was $1,483 Mil.

Li Ning Co Total Operating Expense Related Terms

Li Ning Co Total Operating Expense Historical Data

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The historical data trend for Li Ning Co's Total Operating Expense 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 Total Operating Expense Chart

Li Ning Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,106.63 1,147.83 1,397.10 1,423.60 1,496.11

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
Total Operating Expense 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 773.21 679.45 746.58 690.99 791.66
LNNGY
90GF Score
Li Ning Co Ltd LNNGY
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Li Ning Co Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 $1,483 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.

What does a Total Operating Expense of $1,483 Mil mean?
Li Ning Co (LNNGY) has a Total Operating Expense of $1,483 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Li Ning Co and its competitors.
Is Li Ning Co's Total Operating Expense too high?
Li Ning Co's current Total Operating Expense is $1,483 Mil. Overall, Li Ning Co has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Li Ning Co's Total Operating Expense compare to AS and HAS?
Li Ning Co's Total Operating Expense of $1,483 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 Total Operating Expense for a Travel & Leisure company?
A good Total Operating Expense depends on the Travel & Leisure industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Li Ning Co and its competitors. Li Ning Co's current Total Operating Expense is $1,483 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?
Based on GuruFocus' analysis, Li Ning Co (LNNGY) is currently considered Significantly Undervalued. The stock's GF Value™ is $66.76, compared to a current price of $46.85 — trading 29.8% below its estimated fair value. The current Total Operating Expense is $1,483 Mil. Li Ning Co's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Li Ning Co (LNNGY), the current Total Operating Expense is $1,483 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 (LNNGY) Overvalued in 2026?

Based on GuruFocus' analysis, Li Ning Co stock appears to be undervalued. The current stock price of $46.85 is trading 29.8% below its estimated GF Value™ of $66.76. GuruFocus considers Li Ning Co to be Significantly Undervalued.

Key valuation signals for LNNGY:

  • Total Operating Expense: $1,483 Mil
  • GF Value™: $66.76 vs. price of $46.85 (29.8% below fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the LNNGY 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.
90GF Score

Get the complete analysis for LNNGY

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.85
Price
$66.76
GF Value