China Mengniu Dairy Company Limited

SEHK:2319 Stock Report

Market Cap: HK$69.1b

China Mengniu Dairy Past Earnings Performance

Past criteria checks 2/6

China Mengniu Dairy has been growing earnings at an average annual rate of 6.1%, while the Food industry saw earnings declining at 3.9% annually. Revenues have been growing at an average rate of 5.8% per year. China Mengniu Dairy's return on equity is 8.5%, and it has net margins of 4.6%.

Key information

6.1%

Earnings growth rate

6.0%

EPS growth rate

Food Industry Growth0.7%
Revenue growth rate5.8%
Return on equity8.5%
Net Margin4.6%
Last Earnings Update30 Jun 2024

Recent past performance updates

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

Investors Could Be Concerned With China Mengniu Dairy's (HKG:2319) Returns On Capital

Oct 31
Investors Could Be Concerned With China Mengniu Dairy's (HKG:2319) Returns On Capital

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

Sep 21
Here's Why China Mengniu Dairy (HKG:2319) Can Manage Its Debt Responsibly

China Mengniu Dairy Company Limited's (HKG:2319) Intrinsic Value Is Potentially 52% Above Its Share Price

Aug 07
China Mengniu Dairy Company Limited's (HKG:2319) Intrinsic Value Is Potentially 52% Above Its Share Price

China Mengniu Dairy (HKG:2319) Will Want To Turn Around Its Return Trends

Jul 22
China Mengniu Dairy (HKG:2319) Will Want To Turn Around Its Return Trends

Is China Mengniu Dairy Company Limited (HKG:2319) Trading At A 22% Discount?

May 07
Is China Mengniu Dairy Company Limited (HKG:2319) Trading At A 22% Discount?

China Mengniu Dairy (HKG:2319) Will Be Hoping To Turn Its Returns On Capital Around

Apr 23
China Mengniu Dairy (HKG:2319) Will Be Hoping To Turn Its Returns On Capital Around

China Mengniu Dairy (HKG:2319) Has Some Way To Go To Become A Multi-Bagger

Jan 21
China Mengniu Dairy (HKG:2319) Has Some Way To Go To Become A Multi-Bagger

Is There An Opportunity With China Mengniu Dairy Company Limited's (HKG:2319) 42% Undervaluation?

Dec 29
Is There An Opportunity With China Mengniu Dairy Company Limited's (HKG:2319) 42% Undervaluation?

China Mengniu Dairy (HKG:2319) Has A Pretty Healthy Balance Sheet

Nov 29
China Mengniu Dairy (HKG:2319) Has A Pretty Healthy Balance Sheet

Returns At China Mengniu Dairy (HKG:2319) Appear To Be Weighed Down

Oct 14
Returns At China Mengniu Dairy (HKG:2319) Appear To Be Weighed Down

Are Investors Undervaluing China Mengniu Dairy Company Limited (HKG:2319) By 34%?

Sep 29
Are Investors Undervaluing China Mengniu Dairy Company Limited (HKG:2319) By 34%?

Is China Mengniu Dairy (HKG:2319) A Risky Investment?

Aug 30
Is China Mengniu Dairy (HKG:2319) A Risky Investment?

China Mengniu Dairy (HKG:2319) Is Doing The Right Things To Multiply Its Share Price

Jun 30
China Mengniu Dairy (HKG:2319) Is Doing The Right Things To Multiply Its Share Price

China Mengniu Dairy Company Limited (HKG:2319) Shares Could Be 45% Below Their Intrinsic Value Estimate

May 30
China Mengniu Dairy Company Limited (HKG:2319) Shares Could Be 45% Below Their Intrinsic Value Estimate

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

Apr 02
These 4 Measures Indicate That China Mengniu Dairy (HKG:2319) Is Using Debt Reasonably Well

Is China Mengniu Dairy Company Limited (HKG:2319) Trading At A 21% Discount?

Feb 21
Is China Mengniu Dairy Company Limited (HKG:2319) Trading At A 21% Discount?

China Mengniu Dairy (HKG:2319) Seems To Use Debt Quite Sensibly

Dec 11
China Mengniu Dairy (HKG:2319) Seems To Use Debt Quite Sensibly

China Mengniu Dairy (HKG:2319) Has Some Way To Go To Become A Multi-Bagger

Nov 26
China Mengniu Dairy (HKG:2319) Has Some Way To Go To Become A Multi-Bagger

Is China Mengniu Dairy (HKG:2319) A Risky Investment?

Sep 09
Is China Mengniu Dairy (HKG:2319) A Risky Investment?

China Mengniu Dairy (HKG:2319) Will Want To Turn Around Its Return Trends

Aug 22
China Mengniu Dairy (HKG:2319) Will Want To Turn Around Its Return Trends

Revenue & Expenses Breakdown

How China Mengniu Dairy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:2319 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2492,1764,23528,5840
31 Mar 2495,4004,52229,3200
31 Dec 2398,6244,80930,0560
30 Sep 2397,3074,69129,2870
30 Jun 2395,9904,57228,5170
31 Mar 2394,2914,93827,7920
31 Dec 2292,5935,30327,0680
30 Sep 2291,2765,56727,2060
30 Jun 2289,9595,83027,3450
31 Mar 2289,0505,42827,2770
31 Dec 2188,1415,02627,2100
30 Sep 2186,2745,14326,8000
30 Jun 2184,4075,26026,3890
31 Mar 2180,2214,39325,6090
31 Dec 2076,0353,52524,8290
30 Sep 2076,3703,38324,9770
30 Jun 2076,7063,24025,1240
31 Mar 2077,8683,67325,1010
31 Dec 1979,0304,10525,0770
30 Sep 1976,6953,83224,2620
30 Jun 1974,3603,55823,4470
31 Mar 1971,6693,30022,6390
31 Dec 1868,9773,04321,8320
30 Sep 1867,0712,76221,2020
30 Jun 1865,1642,48220,5720
31 Mar 1862,6602,26518,9990
31 Dec 1760,1562,04817,4260
30 Sep 1758,07267416,9860
30 Jun 1755,988-70116,5470
31 Mar 1754,884-72616,2240
31 Dec 1653,779-75115,9010
30 Sep 1652,24967714,8410
30 Jun 1650,7192,10613,7820
31 Mar 1649,8732,23613,3190
31 Dec 1549,0272,36712,8560
30 Sep 1549,4022,50412,5800
30 Jun 1549,7782,64112,3040
31 Mar 1549,9142,49612,4040
31 Dec 1450,0492,35112,5040
30 Sep 1449,2872,13512,2420
30 Jun 1448,5251,92011,9790
31 Mar 1445,9411,76310,8540
31 Dec 1343,3571,6079,7280

Quality Earnings: 2319 has high quality earnings.

Growing Profit Margin: 2319's current net profit margins (4.6%) are lower than last year (4.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2319's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: 2319's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2319 had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Food industry average (-3.7%).


Return on Equity

High ROE: 2319's Return on Equity (8.5%) is considered low.


Return on Assets


Return on Capital Employed


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