1117 Stock Overview
China Modern Dairy Holdings Ltd., an investment holding company, produces and sells milk in Mainland China.
China Modern Dairy Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.20|
|52 Week High||HK$2.17|
|52 Week Low||HK$1.04|
|1 Month Change||-4.76%|
|3 Month Change||-19.46%|
|1 Year Change||-40.59%|
|3 Year Change||17.65%|
|5 Year Change||-20.00%|
|Change since IPO||-52.19%|
Recent News & Updates
Is China Modern Dairy Holdings (HKG:1117) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is China Modern Dairy Holdings Ltd. (HKG:1117) Potentially Undervalued?
China Modern Dairy Holdings Ltd. ( HKG:1117 ), is not the largest company out there, but it received a lot of attention...
China Modern Dairy Holdings Ltd. (HKG:1117) Shares Could Be 28% Above Their Intrinsic Value Estimate
In this article we are going to estimate the intrinsic value of China Modern Dairy Holdings Ltd. ( HKG:1117 ) by taking...
|1117||HK Food||HK Market|
Return vs Industry: 1117 underperformed the Hong Kong Food industry which returned -29.3% over the past year.
Return vs Market: 1117 underperformed the Hong Kong Market which returned -25.2% over the past year.
|1117 Average Weekly Movement||7.9%|
|Food Industry Average Movement||7.2%|
|Market Average Movement||8.0%|
|10% most volatile stocks in HK Market||14.9%|
|10% least volatile stocks in HK Market||3.9%|
Stable Share Price: 1117 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 1117's weekly volatility (8%) has been stable over the past year.
About the Company
China Modern Dairy Holdings Ltd., an investment holding company, produces and sells milk in Mainland China. It produces and sells raw milk to customers for processing into dairy products; and liquid milk products. The company is also involved in breeding dairy cows; selling feeds; and producing fodder.
China Modern Dairy Holdings Fundamentals Summary
|1117 fundamental statistics|
Is 1117 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1117 income statement (TTM)|
|Cost of Revenue||CN¥4.53b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.13|
|Net Profit Margin||14.39%|
How did 1117 perform over the long term?See historical performance and comparison
2.5%Current Dividend Yield
Does 1117 pay a reliable dividends?See 1117 dividend history and benchmarks
|China Modern Dairy Holdings dividend dates|
|Ex Dividend Date||Jun 10 2022|
|Dividend Pay Date||Jun 30 2022|
|Days until Ex dividend||24 days|
|Days until Dividend pay date||44 days|
Does 1117 pay a reliable dividends?See 1117 dividend history and benchmarks
Is China Modern Dairy Holdings undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1117 (HK$1.2) is trading above our estimate of fair value (HK$1.07)
Significantly Below Fair Value: 1117 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1117 is good value based on its PE Ratio (8.1x) compared to the Hong Kong Food industry average (10.6x).
PE vs Market: 1117 is good value based on its PE Ratio (8.1x) compared to the Hong Kong market (8.7x).
Price to Earnings Growth Ratio
PEG Ratio: 1117 is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: 1117's PB Ratio (0.8x) is in line with the HK Food industry average.
How is China Modern Dairy Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1117's forecast earnings growth (22.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 1117's earnings (22.2% per year) are forecast to grow faster than the Hong Kong market (14.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1117's revenue (17.7% per year) is forecast to grow faster than the Hong Kong market (9.9% per year).
High Growth Revenue: 1117's revenue (17.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1117's Return on Equity is forecast to be low in 3 years time (15.7%).
How has China Modern Dairy Holdings performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1117 has a large one-off loss of CN¥963.8M impacting its December 31 2021 financial results.
Growing Profit Margin: 1117's current net profit margins (14.4%) are higher than last year (12.8%).
Past Earnings Growth Analysis
Earnings Trend: 1117 has become profitable over the past 5 years, growing earnings by 70% per year.
Accelerating Growth: 1117's earnings growth over the past year (32.3%) is below its 5-year average (70% per year).
Earnings vs Industry: 1117 earnings growth over the past year (32.3%) exceeded the Food industry 3.6%.
Return on Equity
High ROE: 1117's Return on Equity (9.3%) is considered low.
How is China Modern Dairy Holdings's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1117's short term assets (CN¥5.3B) do not cover its short term liabilities (CN¥6.1B).
Long Term Liabilities: 1117's short term assets (CN¥5.3B) do not cover its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 1117's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: 1117's debt to equity ratio has reduced from 94.5% to 76.5% over the past 5 years.
Debt Coverage: 1117's debt is well covered by operating cash flow (22%).
Interest Coverage: 1117's interest payments on its debt are well covered by EBIT (13.1x coverage).
What is China Modern Dairy Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1117's dividend (2.51%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.88%).
High Dividend: 1117's dividend (2.51%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.8%).
Stability and Growth of Payments
Stable Dividend: 1117 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1117's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), 1117's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1117 is paying a dividend but the company has no free cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yugang Sun (41 yo)
Mr. Yugang Sun serves as an Executive Director at China Modern Dairy Holdings Ltd. since April 1, 2020 and also serves as an Acting Chief Executive Officer since July 1, 2021. Mr. Sun re-joined the Group i...
CEO Compensation Analysis
Compensation vs Market: Yugang's total compensation ($USD1.16M) is above average for companies of similar size in the Hong Kong market ($USD526.09K).
Compensation vs Earnings: Yugang's compensation has increased by more than 20% in the past year.
Experienced Management: 1117's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Experienced Board: 1117's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.4%.
China Modern Dairy Holdings Ltd.'s employee growth, exchange listings and data sources
- Name: China Modern Dairy Holdings Ltd.
- Ticker: 1117
- Exchange: SEHK
- Founded: 2005
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: HK$9.261b
- Shares outstanding: 7.92b
- Website: https://www.moderndairyir.com
Number of Employees
- China Modern Dairy Holdings Ltd.
- Economic and Technological Devt. Zone
- Danyang Town
- Anhui Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 00:00|
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 here.