company background image
1717

Ausnutria DairySEHK:1717 Stock Report

Market Cap

HK$15.7b

7D

-0.1%

1Y

-13.0%

Updated

27 Nov, 2021

Data

Company Financials +
1717 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends4/6

1717 Stock Overview

Ausnutria Dairy Corporation Ltd, an investment holding company, primarily engages in the research and development, milk collection, processing, production, packaging, marketing, and distribution of infant formula and other dairy products.

Price History & Performance

Summary of all time highs, changes and price drops for Ausnutria Dairy
Historical stock prices
Current Share PriceHK$9.12
52 Week HighHK$13.70
52 Week LowHK$6.52
Beta0.41
1 Month Change-3.49%
3 Month Change26.84%
1 Year Change-12.98%
3 Year Change-5.20%
5 Year Change211.26%
Change since IPO78.82%

Recent News & Updates

Oct 11
We Like Ausnutria Dairy's (HKG:1717) Returns And Here's How They're Trending

We Like Ausnutria Dairy's (HKG:1717) Returns And Here's How They're Trending

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Sep 24
We Think Ausnutria Dairy (HKG:1717) Can Stay On Top Of Its Debt

We Think Ausnutria Dairy (HKG:1717) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

1717HK FoodHK Market
7D-0.1%-3.2%-2.7%
1Y-13.0%-12.9%-6.3%

Return vs Industry: 1717 matched the Hong Kong Food industry which returned -12.9% over the past year.

Return vs Market: 1717 underperformed the Hong Kong Market which returned -6.3% over the past year.

Price Volatility

Is 1717's price volatile compared to industry and market?
1717 volatility
1717 Average Weekly Movement6.4%
Food Industry Average Movement5.5%
Market Average Movement6.9%
10% most volatile stocks in HK Market13.4%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1717 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 1717's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20035,097Bart van der Meerhttps://www.ausnutria.com.hk

Ausnutria Dairy Corporation Ltd, an investment holding company, primarily engages in the research and development, milk collection, processing, production, packaging, marketing, and distribution of infant formula and other dairy products. The company operates in two segments, Dairy and Related Products, and Nutrition Products. It offers cow milk based formula products under the Allnutria, Hyproca Hollary, Hyproca Hypure, Neolac, and Puredo brand names; and goat milk based infant formula products under the Kabrita brand.

Ausnutria Dairy Fundamentals Summary

How do Ausnutria Dairy's earnings and revenue compare to its market cap?
1717 fundamental statistics
Market CapCN¥12.85b
Earnings (TTM)CN¥1.19b
Revenue (TTM)CN¥8.40b

10.8x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1717 income statement (TTM)
RevenueCN¥8.40b
Cost of RevenueCN¥4.30b
Gross ProfitCN¥4.10b
ExpensesCN¥2.91b
EarningsCN¥1.19b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.69
Gross Margin48.78%
Net Profit Margin14.16%
Debt/Equity Ratio18.9%

How did 1717 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

33%

Payout Ratio

Valuation

Is Ausnutria Dairy undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1717 (HK$9.12) is trading below our estimate of fair value (HK$41.63)

Significantly Below Fair Value: 1717 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1717 is poor value based on its PE Ratio (10.8x) compared to the Hong Kong Food industry average (9.3x).

PE vs Market: 1717 is poor value based on its PE Ratio (10.8x) compared to the Hong Kong market (9.3x).


Price to Earnings Growth Ratio

PEG Ratio: 1717 is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: 1717 is overvalued based on its PB Ratio (2.5x) compared to the HK Food industry average (0.9x).


Future Growth

How is Ausnutria Dairy forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

19.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1717's forecast earnings growth (19.3% per year) is above the savings rate (1.5%).

Earnings vs Market: 1717's earnings (19.3% per year) are forecast to grow faster than the Hong Kong market (18.1% per year).

High Growth Earnings: 1717's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1717's revenue (13.7% per year) is forecast to grow faster than the Hong Kong market (12.5% per year).

High Growth Revenue: 1717's revenue (13.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1717's Return on Equity is forecast to be high in 3 years time (23%)


Past Performance

How has Ausnutria Dairy performed over the past 5 years?

36.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1717 has a high level of non-cash earnings.

Growing Profit Margin: 1717's current net profit margins (14.2%) are higher than last year (13.8%).


Past Earnings Growth Analysis

Earnings Trend: 1717's earnings have grown significantly by 36.1% per year over the past 5 years.

Accelerating Growth: 1717's earnings growth over the past year (15.8%) is below its 5-year average (36.1% per year).

Earnings vs Industry: 1717 earnings growth over the past year (15.8%) exceeded the Food industry 14.9%.


Return on Equity

High ROE: 1717's Return on Equity (22.2%) is considered high.


Financial Health

How is Ausnutria Dairy's financial position?


Financial Position Analysis

Short Term Liabilities: 1717's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥3.2B).

Long Term Liabilities: 1717's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥613.8M).


Debt to Equity History and Analysis

Debt Level: 1717 has more cash than its total debt.

Reducing Debt: 1717's debt to equity ratio has reduced from 74.3% to 18.9% over the past 5 years.

Debt Coverage: 1717's debt is well covered by operating cash flow (40.7%).

Interest Coverage: 1717 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Ausnutria Dairy current dividend yield, its reliability and sustainability?

2.96%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1717's dividend (2.96%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.32%).

High Dividend: 1717's dividend (2.96%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.06%).


Stability and Growth of Payments

Stable Dividend: 1717's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1717's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.5%), 1717's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1717's dividends in 3 years are forecast to be well covered by earnings (34.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average board tenure


CEO

Bart van der Meer (75 yo)

8.42yrs

Tenure

CN¥2,309,714

Compensation

Mr. Bartle van der Meer, also known as Bart, has been Director of PMH Investments B.V. since 1994. He has been the Chief Executive Officer and Executive Director of Ausnutria Dairy Corporation Ltd. since J...


CEO Compensation Analysis

Compensation vs Market: Bart's total compensation ($USD361.35K) is below average for companies of similar size in the Hong Kong market ($USD577.16K).

Compensation vs Earnings: Bart's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 1717's board of directors are considered experienced (6.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ausnutria Dairy Corporation Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Ausnutria Dairy Corporation Ltd
  • Ticker: 1717
  • Exchange: SEHK
  • Founded: 2003
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: HK$15.673b
  • Shares outstanding: 1.72b
  • Website: https://www.ausnutria.com.hk

Number of Employees


Location

  • Ausnutria Dairy Corporation Ltd
  • Unit 16, China Merchants Tower
  • 36th Floor
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 10:05
End of Day Share Price2021/11/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.