China Mengniu Dairy Past Earnings Performance
Past criteria checks 2/6
China Mengniu Dairy has been growing earnings at an average annual rate of 9.8%, while the Food industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 6.8% per year. China Mengniu Dairy's return on equity is 9.6%, and it has net margins of 4.9%.
Key information
9.8%
Earnings growth rate
9.5%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 6.8% |
| Return on equity | 9.6% |
| Net Margin | 4.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How China Mengniu Dairy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 98,624 | 4,809 | 30,056 | 0 |
| 30 Sep 23 | 97,307 | 4,691 | 29,286 | 0 |
| 30 Jun 23 | 95,990 | 4,572 | 28,515 | 0 |
| 31 Mar 23 | 94,291 | 4,938 | 27,791 | 0 |
| 31 Dec 22 | 92,593 | 5,303 | 27,067 | 0 |
| 30 Sep 22 | 91,276 | 5,567 | 27,206 | 0 |
| 30 Jun 22 | 89,959 | 5,830 | 27,345 | 0 |
| 31 Mar 22 | 89,050 | 5,428 | 27,277 | 0 |
| 31 Dec 21 | 88,141 | 5,026 | 27,210 | 0 |
| 30 Sep 21 | 86,274 | 5,143 | 26,800 | 0 |
| 30 Jun 21 | 84,407 | 5,260 | 26,389 | 0 |
| 31 Mar 21 | 80,221 | 4,393 | 25,609 | 0 |
| 31 Dec 20 | 76,035 | 3,525 | 24,829 | 0 |
| 30 Sep 20 | 76,370 | 3,383 | 24,977 | 0 |
| 30 Jun 20 | 76,706 | 3,240 | 25,124 | 0 |
| 31 Mar 20 | 77,868 | 3,673 | 25,101 | 0 |
| 31 Dec 19 | 79,030 | 4,105 | 25,077 | 0 |
| 30 Sep 19 | 76,695 | 3,832 | 24,262 | 0 |
| 30 Jun 19 | 74,360 | 3,558 | 23,447 | 0 |
| 31 Mar 19 | 71,669 | 3,300 | 22,639 | 0 |
| 31 Dec 18 | 68,977 | 3,043 | 21,832 | 0 |
| 30 Sep 18 | 67,071 | 2,762 | 21,202 | 0 |
| 30 Jun 18 | 65,164 | 2,482 | 20,572 | 0 |
| 31 Mar 18 | 62,660 | 2,265 | 18,999 | 0 |
| 31 Dec 17 | 60,156 | 2,048 | 17,426 | 0 |
| 30 Sep 17 | 58,072 | 674 | 16,986 | 0 |
| 30 Jun 17 | 55,988 | -701 | 16,547 | 0 |
| 31 Mar 17 | 54,884 | -726 | 16,224 | 0 |
| 31 Dec 16 | 53,779 | -751 | 15,901 | 0 |
| 30 Sep 16 | 52,249 | 677 | 14,841 | 0 |
| 30 Jun 16 | 50,719 | 2,106 | 13,782 | 0 |
| 31 Mar 16 | 49,873 | 2,236 | 13,319 | 0 |
| 31 Dec 15 | 49,027 | 2,367 | 12,856 | 0 |
| 30 Sep 15 | 49,402 | 2,504 | 12,580 | 0 |
| 30 Jun 15 | 49,778 | 2,641 | 12,304 | 0 |
| 31 Mar 15 | 49,914 | 2,496 | 12,404 | 0 |
| 31 Dec 14 | 50,049 | 2,351 | 12,504 | 0 |
| 30 Sep 14 | 49,287 | 2,135 | 12,242 | 0 |
| 30 Jun 14 | 48,525 | 1,920 | 11,979 | 0 |
| 31 Mar 14 | 45,941 | 1,763 | 10,854 | 0 |
| 31 Dec 13 | 43,357 | 1,607 | 9,728 | 0 |
| 30 Jun 13 | 38,424 | 1,394 | 8,251 | 0 |
Quality Earnings: CIAD.Y has high quality earnings.
Growing Profit Margin: CIAD.Y's current net profit margins (4.9%) are lower than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CIAD.Y's earnings have grown by 9.8% per year over the past 5 years.
Accelerating Growth: CIAD.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CIAD.Y had negative earnings growth (-9.3%) over the past year, making it difficult to compare to the Food industry average (6.2%).
Return on Equity
High ROE: CIAD.Y's Return on Equity (9.6%) is considered low.