China Mengniu Dairy (2319) Stock Overview
An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China, the Chinese Mainland and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
2319 Community Fair Values
Create NarrativeSee what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
China Mengniu Dairy Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$15.80 |
| 52 Week High | HK$18.07 |
| 52 Week Low | HK$13.88 |
| Beta | 0.27 |
| 1 Month Change | -8.88% |
| 3 Month Change | -3.07% |
| 1 Year Change | -5.95% |
| 3 Year Change | -47.68% |
| 5 Year Change | -66.74% |
| Change since IPO | 548.21% |
Recent News & Updates
Narrative Update • Jun 15
2319: Dividend And Share Buybacks Will Support Future Upside Potential
Analysts have trimmed their price target for China Mengniu Dairy slightly, from about HK$22.42 to around HK$22.29. This reflects updated assumptions for revenue growth, profit margins and future P/E expectations.Narrative Update • Jun 01
2319: Index Removal And Dividend Policy Will Support Future Upside
Analysts have nudged their price target on China Mengniu Dairy slightly higher to HK$22.42 from HK$22.06, citing updated assumptions on the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News China Mengniu Dairy announced preliminary 2025 guidance, expecting total revenue for the year to decline by about 7% to 8% year on year.Narrative Update • Apr 25
2319: Index Removal And Dividend Outlook Will Support Future Upside
Analysts have nudged their fair value estimate for China Mengniu Dairy slightly higher to HK$22.06 from HK$22.02, reflecting updated assumptions around revenue growth, profit margins and future P/E levels while keeping the discount rate unchanged. What's in the News A board meeting is scheduled for March 25, 2026 to consider approval of the 2025 annual results and the potential recommendation of a final dividend (company announcement).Recent updates
Narrative Update • Jun 15
2319: Dividend And Share Buybacks Will Support Future Upside Potential
Analysts have trimmed their price target for China Mengniu Dairy slightly, from about HK$22.42 to around HK$22.29. This reflects updated assumptions for revenue growth, profit margins and future P/E expectations.Narrative Update • Jun 01
2319: Index Removal And Dividend Policy Will Support Future Upside
Analysts have nudged their price target on China Mengniu Dairy slightly higher to HK$22.42 from HK$22.06, citing updated assumptions on the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News China Mengniu Dairy announced preliminary 2025 guidance, expecting total revenue for the year to decline by about 7% to 8% year on year.Narrative Update • Apr 25
2319: Index Removal And Dividend Outlook Will Support Future Upside
Analysts have nudged their fair value estimate for China Mengniu Dairy slightly higher to HK$22.06 from HK$22.02, reflecting updated assumptions around revenue growth, profit margins and future P/E levels while keeping the discount rate unchanged. What's in the News A board meeting is scheduled for March 25, 2026 to consider approval of the 2025 annual results and the potential recommendation of a final dividend (company announcement).Narrative Update • Apr 10
2319: Index Removal And Higher Margin Outlook Will Support Future Upside
Analysts have raised their price target on China Mengniu Dairy to HK$22.02 from HK$21.03. This reflects updated assumptions for slightly higher revenue growth, profit margins, and future P/E multiple.Analysis Article • Mar 29
China Mengniu Dairy Company Limited (HKG:2319) Annual Results: Here's What Analysts Are Forecasting For This Year
Investors in China Mengniu Dairy Company Limited ( HKG:2319 ) had a good week, as its shares rose 6.0% to close at...Narrative Update • Mar 27
2319: Index Removal And Margin Stability Will Support Future Upside
Analysts have nudged their price target for China Mengniu Dairy slightly lower to around HK$21.03 from about HK$21.17, citing updated views on revenue growth, profit margins and a modestly lower assumed future P/E multiple. What's in the News A board meeting is scheduled for Mar 25, 2026 to approve the 2025 annual results and consider a final dividend, if applicable (company announcement).Narrative Update • Mar 12
2319: Index Removal And Dividend Prospects Will Support Future Upside
Analysts have nudged their 12 month price target for China Mengniu Dairy slightly lower from about HK$21.31 to around HK$21.17, citing updated assumptions for revenue growth, profit margins and the forward P/E multiple. What's in the News Board meeting scheduled for March 25, 2026 to approve the announcement of annual results for the year ended December 31, 2025 and to consider a final dividend, if applicable (Key Developments).Analysis Article • Dec 10
China Mengniu Dairy Company Limited's (HKG:2319) P/S Still Appears To Be Reasonable
With a median price-to-sales (or "P/S") ratio of close to 0.7x in the Food industry in Hong Kong, you could be forgiven...Analysis Article • Nov 18
Returns Are Gaining Momentum At China Mengniu Dairy (HKG:2319)
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Narrative Update • Oct 20
Rapid Urbanization And Diversification Will Fuel Dairy Revival
Analysts have slightly lowered their price target for China Mengniu Dairy from ¥21.50 to ¥21.31, citing modestly reduced expectations for revenue growth and future price-to-earnings ratios. What's in the News The company completed a repurchase of 14,202,000 shares for HKD 245.63 million between January and August 2025 as part of its ongoing buyback program (company announcement).Analysis Article • Sep 22
We Think China Mengniu Dairy (HKG:2319) Can Stay On Top Of Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Sep 16
Rapid Urbanization And Diversification Will Fuel Dairy Revival
China Mengniu Dairy's slightly higher forward P/E ratio accompanied by a marginal downgrade in revenue growth expectations suggests modestly weaker growth prospects, resulting in a minor decrease in the consensus analyst price target from HK$21.89 to HK$21.50. What's in the News Completed repurchase of 2,850,000 shares (0.07% of share capital) for HKD 46.32 million as part of an ongoing buyback program.Analysis Article • Aug 29
China Mengniu Dairy Company Limited (HKG:2319) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Last week, you might have seen that China Mengniu Dairy Company Limited ( HKG:2319 ) released its half-year result to...Narrative Update • Aug 29
Expanding Into Southeast Asia With Aice Will Strengthen Dairy Operations
Despite an upward revision in revenue growth forecasts and a higher expected future P/E, the consensus analyst price target for China Mengniu Dairy has been lowered from HK$23.85 to HK$22.96. What's in the News Board meeting scheduled to approve interim results for the six months ended June 30, 2025, and consider an interim dividend.Analysis Article • Aug 07
Pinning Down China Mengniu Dairy Company Limited's (HKG:2319) P/S Is Difficult Right Now
SEHK:2319 1 Year Share Price vs Fair Value Explore China Mengniu Dairy's Fair Values from the Community and select...
New Narrative • Feb 09
Expanding Into Southeast Asia With Aice Will Strengthen Dairy Operations
Digitization and fine management aim to optimize dairy supply-demand, boosting operational efficiency and future net margins.Shareholder Returns
| 2319 | HK Food | HK Market | |
|---|---|---|---|
| 7D | -4.5% | 0.8% | 0.2% |
| 1Y | -6.0% | -11.6% | 4.5% |
Return vs Industry: 2319 exceeded the Hong Kong Food industry which returned -11.6% over the past year.
Return vs Market: 2319 underperformed the Hong Kong Market which returned 4.5% over the past year.
Price Volatility
| 2319 volatility | |
|---|---|
| 2319 Average Weekly Movement | 4.2% |
| Food Industry Average Movement | 5.9% |
| Market Average Movement | 7.5% |
| 10% most volatile stocks in HK Market | 16.0% |
| 10% least volatile stocks in HK Market | 3.5% |
Stable Share Price: 2319 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2319's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 38,301 | Fei Gao | www.mengniuir.com |
China Mengniu Dairy Company Limited, an investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China, the Chinese Mainland and internationally. It operates in five segments: Liquid Milk Business, Ice Cream Business, Milk Formula Business, Cheese Business, and Others. The Liquid Milk Business segment offers ultra-high temperature milk, milk beverages, yogurt, and fresh milk.
China Mengniu Dairy Company Limited Fundamentals Summary
| 2319 fundamental statistics | |
|---|---|
| Market cap | HK$63.14b |
| Earnings (TTM) | HK$1.79b |
| Revenue (TTM) | HK$95.36b |
34.2x
P/E Ratio0.6x
P/S RatioIs 2319 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2319 income statement (TTM) | |
|---|---|
| Revenue | CN¥82.24b |
| Cost of Revenue | CN¥49.91b |
| Gross Profit | CN¥32.34b |
| Other Expenses | CN¥30.79b |
| Earnings | CN¥1.55b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.40 |
| Gross Margin | 39.32% |
| Net Profit Margin | 1.88% |
| Debt/Equity Ratio | 52.3% |
How did 2319 perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield131%
Payout RatioDoes 2319 pay a reliable dividends?
See 2319 dividend history and benchmarks| China Mengniu Dairy dividend dates | |
|---|---|
| Ex Dividend Date | Jun 09 2026 |
| Dividend Pay Date | Jun 24 2026 |
| Days until Ex dividend | 9 days |
| Days until Dividend pay date | 6 days |
Does 2319 pay a reliable dividends?
See 2319 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/17 09:21 |
| End of Day Share Price | 2026/06/17 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
China Mengniu Dairy Company Limited is covered by 50 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vineet Kulbandu Sharma | Barclays |
| Jean Chan | Bernstein |
| Mark Yuan | BNP Paribas |