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China Mengniu Dairy SEHK:2319 Stock Report

Last Price

HK$17.66

Market Cap

HK$69.2b

7D

-2.1%

1Y

-11.3%

Updated

21 Dec, 2024

Data

Company Financials +

China Mengniu Dairy Company Limited

SEHK:2319 Stock Report

Market Cap: HK$69.2b

2319 Stock Overview

An investment holding company, engages in the manufacture and distribution of dairy products under the MENGNIU brand in the People’s Republic of China and internationally. More details

2319 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends3/6

Rewards

Trading at 55.6% below our estimate of its fair value

Earnings are forecast to grow 10.63% per year

Risk Analysis

No risks detected for 2319 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

China Mengniu Dairy Company Limited Competitors

Tingyi (Cayman Islands) Holding

SEHK:322

HK$55.9b

WH Group

SEHK:288

HK$84.9b

Want Want China Holdings

SEHK:151

HK$53.3b

China Feihe

SEHK:6186

HK$49.9b

Price History & Performance

Summary of share price highs, lows and changes for China Mengniu Dairy
Historical stock prices
Current Share PriceHK$17.66
52 Week HighHK$22.55
52 Week LowHK$11.82
Beta0.57
1 Month Change3.03%
3 Month Change29.47%
1 Year Change-11.35%
3 Year Change-60.49%
5 Year Change-44.55%
Change since IPO624.51%

Recent News & Updates

Returns On Capital Signal Tricky Times Ahead For China Mengniu Dairy (HKG:2319)

Oct 28
Returns On Capital Signal Tricky Times Ahead For China Mengniu Dairy (HKG:2319)

There's Reason For Concern Over China Mengniu Dairy Company Limited's (HKG:2319) Massive 30% Price Jump

Sep 26
There's Reason For Concern Over China Mengniu Dairy Company Limited's (HKG:2319) Massive 30% Price Jump

These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well

Sep 18
These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well

Recent updates

Returns On Capital Signal Tricky Times Ahead For China Mengniu Dairy (HKG:2319)

Oct 28
Returns On Capital Signal Tricky Times Ahead For China Mengniu Dairy (HKG:2319)

There's Reason For Concern Over China Mengniu Dairy Company Limited's (HKG:2319) Massive 30% Price Jump

Sep 26
There's Reason For Concern Over China Mengniu Dairy Company Limited's (HKG:2319) Massive 30% Price Jump

These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well

Sep 18
These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well

China Mengniu Dairy Company Limited's (HKG:2319) Business Is Trailing The Market But Its Shares Aren't

Aug 05
China Mengniu Dairy Company Limited's (HKG:2319) Business Is Trailing The Market But Its Shares Aren't

Here's What To Make Of China Mengniu Dairy's (HKG:2319) Decelerating Rates Of Return

Jul 14
Here's What To Make Of China Mengniu Dairy's (HKG:2319) Decelerating Rates Of Return

Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly

Apr 30
Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly

China Mengniu Dairy Company Limited's (HKG:2319) Shares May Have Run Too Fast Too Soon

Mar 26
China Mengniu Dairy Company Limited's (HKG:2319) Shares May Have Run Too Fast Too Soon

The Returns On Capital At China Mengniu Dairy (HKG:2319) Don't Inspire Confidence

Mar 06
The Returns On Capital At China Mengniu Dairy (HKG:2319) Don't Inspire Confidence

An Intrinsic Calculation For China Mengniu Dairy Company Limited (HKG:2319) Suggests It's 46% Undervalued

Jan 10
An Intrinsic Calculation For China Mengniu Dairy Company Limited (HKG:2319) Suggests It's 46% Undervalued

China Mengniu Dairy Company Limited's (HKG:2319) Earnings Haven't Escaped The Attention Of Investors

Dec 26
China Mengniu Dairy Company Limited's (HKG:2319) Earnings Haven't Escaped The Attention Of Investors

Shareholder Returns

2319HK FoodHK Market
7D-2.1%-3.3%-0.5%
1Y-11.3%1.9%19.9%

Return vs Industry: 2319 underperformed the Hong Kong Food industry which returned 1.9% over the past year.

Return vs Market: 2319 underperformed the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 2319's price volatile compared to industry and market?
2319 volatility
2319 Average Weekly Movement10.7%
Food Industry Average Movement6.4%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

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 (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199943,000Fei Gaowww.mengniuir.com

China Mengniu Dairy Company Limited, an investment holding company, engages in the manufacture and distribution of dairy products under the MENGNIU brand in the People’s Republic of China and internationally. It operates through Liquid Milk Business, Ice Cream Business, Milk Formula Business, and Cheese Business, and Other segments. The Liquid Milk Business segment offers ultra-high temperature milk, milk beverages, yogurt, and fresh milk.

China Mengniu Dairy Company Limited Fundamentals Summary

How do China Mengniu Dairy's earnings and revenue compare to its market cap?
2319 fundamental statistics
Market capHK$69.22b
Earnings (TTM)HK$4.51b
Revenue (TTM)HK$98.23b

15.3x

P/E Ratio

0.7x

P/S Ratio

Is 2319 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2319 income statement (TTM)
RevenueCN¥92.18b
Cost of RevenueCN¥57.83b
Gross ProfitCN¥34.35b
Other ExpensesCN¥30.11b
EarningsCN¥4.23b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.08
Gross Margin37.26%
Net Profit Margin4.59%
Debt/Equity Ratio79.0%

How did 2319 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

45%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 03:33
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

China Mengniu Dairy Company Limited is covered by 62 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hong Xing PanABCI Securities Company Limited
Vineet Kulbandu SharmaBarclays
Y. ChenBNP Paribas Securities (Asia)