Li-Ning Revenue Hits 29.6B RMB, Exceeding Estimates

Edgen Stock·Mar 19 2026, 13:11

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Key Takeaways

Li-Ning reported strong full-year financial results on March 19, with both revenue and gross margin exceeding market expectations. The company also announced a final dividend, underscoring its healthy financial standing and positive outlook on the Chinese sportswear market.

Revenue Beat: Full-year revenue reached 29.60 billion RMB, outperforming the consensus estimate of 29.03 billion RMB.
Stable Profitability: The company maintained a healthy gross margin of 49%, slightly above the projected 48.8%.
Shareholder Returns: Li-Ning declared a final dividend of 0.2336 RMB per share, signaling confidence in its cash flow.

Revenue Climbs to 29.6B RMB, Surpassing Projections

Chinese sportswear giant Li-Ning announced on March 19 that its full-year revenue for the period reached 29.60 billion RMB. This performance surpassed analyst expectations, which had forecasted revenue of 29.03 billion RMB. The top-line beat demonstrates resilient consumer demand and effective market strategy within the competitive Chinese retail landscape.

Profitability Holds Firm as Dividend Rewards Shareholders

The company's financial discipline was evident in its profitability metrics. Li-Ning reported a full-year gross margin of 49%, narrowly beating the market estimate of 48.8%. This indicates the company's ability to manage costs and maintain pricing power. Reinforcing its solid financial position, Li-Ning's board declared a final dividend of 0.2336 RMB per share, delivering a direct return to investors.