China Mengniu Dairy Balance Sheet Health
Financial Health criteria checks 3/6
China Mengniu Dairy has a total shareholder equity of CN¥51.1B and total debt of CN¥40.4B, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are CN¥116.7B and CN¥65.6B respectively. China Mengniu Dairy's EBIT is CN¥5.0B making its interest coverage ratio -226.7. It has cash and short-term investments of CN¥24.9B.
Key information
79.0%
Debt to equity ratio
CN¥40.39b
Debt
| Interest coverage ratio | -226.7x |
| Cash | CN¥24.88b |
| Equity | CN¥51.12b |
| Total liabilities | CN¥65.60b |
| Total assets | CN¥116.72b |
Recent financial health updates
These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well
Sep 18
Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly
Apr 30Recent updates
There Are Reasons To Feel Uneasy About China Mengniu Dairy's (HKG:2319) Returns On Capital
Feb 04There's Reason For Concern Over China Mengniu Dairy Company Limited's (HKG:2319) Price
Jan 14Returns On Capital Signal Tricky Times Ahead For China Mengniu Dairy (HKG:2319)
Oct 28There's Reason For Concern Over China Mengniu Dairy Company Limited's (HKG:2319) Massive 30% Price Jump
Sep 26These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well
Sep 18China Mengniu Dairy Company Limited's (HKG:2319) Business Is Trailing The Market But Its Shares Aren't
Aug 05Here's What To Make Of China Mengniu Dairy's (HKG:2319) Decelerating Rates Of Return
Jul 14Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly
Apr 30China Mengniu Dairy Company Limited's (HKG:2319) Shares May Have Run Too Fast Too Soon
Mar 26The Returns On Capital At China Mengniu Dairy (HKG:2319) Don't Inspire Confidence
Mar 06Financial Position Analysis
Short Term Liabilities: 2319's short term assets (CN¥37.2B) do not cover its short term liabilities (CN¥37.7B).
Long Term Liabilities: 2319's short term assets (CN¥37.2B) exceed its long term liabilities (CN¥27.9B).
Debt to Equity History and Analysis
Debt Level: 2319's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: 2319's debt to equity ratio has increased from 43.3% to 79% over the past 5 years.
Debt Coverage: 2319's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 2319 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 08:34 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
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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 61 analysts. 27 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 |
|---|---|
| Hong Xing Pan | ABCI Securities Company Limited |
| Vineet Kulbandu Sharma | Barclays |
| Y. Chen | BNP Paribas Securities (Asia) |