2331.HK vs. 0570.HK

Last updated Apr 2, 2026

Compare and contrast key facts about Li Ning Co Ltd (2331.HK) and China Traditional Chinese Medicine Co Ltd (0570.HK).

Performance

2331.HK vs. 0570.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Li Ning Co Ltd (2331.HK) and China Traditional Chinese Medicine Co Ltd (0570.HK). The values are adjusted to include any dividend payments, if applicable.

2331.HK vs. 0570.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
2331.HK Li Ning Co Ltd	16.34%	17.45%	-18.00%	-68.50%	-19.94%	60.80%	129.63%	179.92%	32.70%	29.98%
0570.HK China Traditional Chinese Medicine Co Ltd	-13.40%	-9.38%	-41.22%	12.23%	-30.27%	37.10%	3.47%	-15.03%	11.53%	18.05%

Returns By Period

In the year-to-date period, 2331.HK achieves a 16.34% return, which is significantly higher than 0570.HK's -13.40% return. Over the past 10 years, 2331.HK has outperformed 0570.HK with an annualized return of 21.32%, while 0570.HK has yielded a comparatively lower -5.54% annualized return.

2331.HK

• 1D: 1.50%
• 1M: -1.09%
• YTD: 16.34%
• 6M: 23.13%
• 1Y: 42.52%
• 3Y*: -27.17%
• 5Y*: -14.07%
• 10Y*: 21.32%

0570.HK

• 1D: 2.26%
• 1M: -8.59%
• YTD: -13.40%
• 6M: -25.82%
• 1Y: -8.44%
• 3Y*: -23.53%
• 5Y*: -16.88%
• 10Y*: -5.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

2331.HK vs. 0570.HK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

2331.HK

2331.HK Risk / Return Rank: 74
2331.HK Sharpe Ratio Rank: 79
2331.HK Sortino Ratio Rank: 76
2331.HK Omega Ratio Rank: 72
2331.HK Calmar Ratio Rank: 73
2331.HK Martin Ratio Rank: 69

0570.HK

0570.HK Risk / Return Rank: 25
0570.HK Sharpe Ratio Rank: 27
0570.HK Sortino Ratio Rank: 24
0570.HK Omega Ratio Rank: 24
0570.HK Calmar Ratio Rank: 28
0570.HK Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

2331.HK vs. 0570.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Li Ning Co Ltd (2331.HK) and China Traditional Chinese Medicine Co Ltd (0570.HK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	2331.HK	0570.HK	Difference
Sharpe ratio Return per unit of total volatility	1.27	-0.28	+1.55
Sortino ratio Return per unit of downside risk	1.91	-0.22	+2.12
Omega ratio Gain probability vs. loss probability	1.23	0.97	+0.26
Calmar ratio Return relative to maximum drawdown	1.72	-0.39	+2.12
Martin ratio Return relative to average drawdown	3.48	-0.98	+4.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

2331.HK vs. 0570.HK - Sharpe Ratio Comparison

The current 2331.HK Sharpe Ratio is 1.27, which is higher than the 0570.HK Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of 2331.HK and 0570.HK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	2331.HK	0570.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	-0.28	+1.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	-0.38	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	-0.14	+0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.04	+0.22

Correlation

The correlation between 2331.HK and 0570.HK is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

2331.HK vs. 0570.HK - Dividend Comparison

2331.HK's dividend yield for the trailing twelve months is around 2.74%, more than 0570.HK's 0.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
2331.HK Li Ning Co Ltd	2.74%	3.18%	3.74%	4.32%	0.79%	0.29%	0.32%	0.43%	0.00%	0.00%	0.00%
0570.HK China Traditional Chinese Medicine Co Ltd	0.19%	0.17%	0.00%	1.32%	2.07%	1.29%	1.24%	2.99%	2.41%	2.00%	1.79%

Drawdowns

2331.HK vs. 0570.HK - Drawdown Comparison

The maximum 2331.HK drawdown since its inception was -89.67%, roughly equal to the maximum 0570.HK drawdown of -92.08%. Use the drawdown chart below to compare losses from any high point for 2331.HK and 0570.HK.

Drawdown Indicators

	2331.HK	0570.HK	Difference
Max Drawdown Largest peak-to-trough decline	-89.67%	-92.08%	+2.41%
Max Drawdown (1Y) Largest decline over 1 year	-16.54%	-31.66%	+15.12%
Max Drawdown (5Y) Largest decline over 5 years	-87.34%	-70.70%	-16.64%
Max Drawdown (10Y) Largest decline over 10 years	-87.34%	-73.43%	-13.91%
Current Drawdown Current decline from peak	-77.61%	-72.82%	-4.79%
Average Drawdown Average peak-to-trough decline	-49.33%	-56.59%	+7.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.25%	12.70%	-3.45%

Volatility

2331.HK vs. 0570.HK - Volatility Comparison

Li Ning Co Ltd (2331.HK) has a higher volatility of 12.96% compared to China Traditional Chinese Medicine Co Ltd (0570.HK) at 7.15%. This indicates that 2331.HK's price experiences larger fluctuations and is considered to be riskier than 0570.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	2331.HK	0570.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.96%	7.15%	+5.81%
Volatility (6M) Calculated over the trailing 6-month period	25.61%	17.22%	+8.39%
Volatility (1Y) Calculated over the trailing 1-year period	34.54%	30.91%	+3.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.13%	45.45%	+6.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.02%	41.41%	+6.61%

Financials