China Mengniu Dairy Company Limited Logo

China Mengniu Dairy Company Limited

2319.HK

(2.5)
Stock Price

16,60 HKD

3.58% ROA

7.58% ROE

19.4x PER

Market Cap.

63.748.147.482,00 HKD

84.41% DER

2.73% Yield

4.52% NPM

China Mengniu Dairy Company Limited Stock Analysis

China Mengniu Dairy Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

China Mengniu Dairy Company Limited Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

2 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

3 ROE

The stock's ROE falls within an average range (4.31%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (1.69%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (2.14x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

7 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (793), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 DER

The stock is burdened with a heavy load of debt (112%), making it financially unstable and potentially risky for investors.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

China Mengniu Dairy Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

China Mengniu Dairy Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

China Mengniu Dairy Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

China Mengniu Dairy Company Limited Revenue
Year Revenue Growth
2003 4.071.468.000
2004 7.213.827.000 43.56%
2005 10.824.950.000 33.36%
2006 16.246.368.000 33.37%
2007 21.318.062.000 23.79%
2008 23.864.975.000 10.67%
2009 25.710.460.000 7.18%
2010 30.265.415.000 15.05%
2011 37.387.844.000 19.05%
2012 36.080.353.000 -3.62%
2013 43.356.908.000 16.78%
2014 50.049.243.000 13.37%
2015 49.026.516.000 -2.09%
2016 53.779.339.000 8.84%
2017 60.155.622.000 10.6%
2018 68.977.066.000 12.79%
2019 79.029.856.000 12.72%
2020 76.034.844.000 -3.94%
2021 88.141.475.000 13.74%
2022 92.593.322.000 4.81%
2023 95.011.036.000 2.54%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

China Mengniu Dairy Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 68.416.427 100%
2013 73.012.369 6.29%
2014 83.737.756 12.81%
2015 97.763.938 14.35%
2016 120.772.505 19.05%
2017 160.153.603 24.59%
2018 181.047.191 11.54%
2019 205.041.000 11.7%
2020 318.398.000 35.6%
2021 355.507.000 10.44%
2022 465.874.941 23.69%
2023 991.014.000 52.99%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

China Mengniu Dairy Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 86.099.000
2004 136.662.000 37%
2005 267.817.000 48.97%
2006 420.004.000 36.23%
2007 461.902.000 9.07%
2008 622.162.000 25.76%
2009 863.750.000 27.97%
2010 1.036.039.000 16.63%
2011 1.110.089.000 6.67%
2012 1.195.416.000 7.14%
2013 1.605.791.000 25.56%
2014 1.941.237.000 17.28%
2015 1.871.250.000 -3.74%
2016 2.471.365.000 24.28%
2017 2.497.212.000 1.04%
2018 2.915.035.000 14.33%
2019 3.319.414.000 12.18%
2020 3.132.947.000 -5.95%
2021 3.524.302.000 11.1%
2022 4.441.844.000 20.66%
2023 5.116.150.000 13.18%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

China Mengniu Dairy Company Limited EBITDA
Year EBITDA Growth
2003 374.574.000
2004 610.000.000 38.59%
2005 929.761.000 34.39%
2006 1.387.736.000 33%
2007 1.646.325.000 15.71%
2008 -422.726.000 489.45%
2009 2.069.102.000 120.43%
2010 2.281.224.000 9.3%
2011 2.967.852.000 23.14%
2012 2.708.615.000 -9.57%
2013 3.603.657.000 24.84%
2014 4.997.002.000 27.88%
2015 4.720.165.000 -5.86%
2016 1.570.233.000 -200.6%
2017 4.728.683.000 66.79%
2018 6.283.075.000 24.74%
2019 5.763.787.000 -9.01%
2020 7.453.488.000 22.67%
2021 9.027.963.000 17.44%
2022 10.926.882.000 17.38%
2023 7.745.368.000 -41.08%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

China Mengniu Dairy Company Limited Gross Profit
Year Gross Profit Growth
2003 1.023.519.000
2004 1.606.464.000 36.29%
2005 2.413.205.000 33.43%
2006 3.721.771.000 35.16%
2007 4.803.505.000 22.52%
2008 4.669.399.000 -2.87%
2009 6.852.231.000 31.86%
2010 7.786.436.000 12%
2011 9.592.152.000 18.82%
2012 9.054.567.000 -5.94%
2013 11.697.245.000 22.59%
2014 15.433.613.000 24.21%
2015 15.375.474.000 -0.38%
2016 17.635.402.000 12.81%
2017 21.182.695.000 16.75%
2018 25.783.626.000 17.84%
2019 29.678.614.000 13.12%
2020 28.629.280.000 -3.67%
2021 32.389.914.000 11.61%
2022 32.689.782.000 0.92%
2023 33.417.964.000 2.18%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

China Mengniu Dairy Company Limited Net Profit
Year Net Profit Growth
2003 164.372.000
2004 319.393.000 48.54%
2005 456.847.000 30.09%
2006 727.352.000 37.19%
2007 1.108.652.000 34.39%
2008 -948.600.000 216.87%
2009 1.115.799.000 185.02%
2010 1.237.273.000 9.82%
2011 1.589.274.000 22.15%
2012 1.257.148.000 -26.42%
2013 1.630.925.000 22.92%
2014 2.350.803.000 30.62%
2015 2.367.291.000 0.7%
2016 -751.155.000 415.15%
2017 2.047.839.000 136.68%
2018 3.043.030.000 32.7%
2019 4.105.437.000 25.88%
2020 3.525.044.000 -16.46%
2021 5.025.537.000 29.86%
2022 5.302.972.000 5.23%
2023 3.577.442.000 -48.23%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

China Mengniu Dairy Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 0%
2015 1 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 1 100%
2020 1 0%
2021 1 100%
2022 2 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

China Mengniu Dairy Company Limited Free Cashflow
Year Free Cashflow Growth
2003 -389.595.000
2004 -592.124.000 34.2%
2005 286.279.000 306.83%
2006 145.052.000 -97.36%
2007 628.787.000 76.93%
2008 -241.361.000 360.52%
2009 1.803.898.000 113.38%
2010 2.211.193.000 18.42%
2011 1.832.425.000 -20.67%
2012 -296.098.000 718.86%
2013 416.528.000 171.09%
2014 148.471.000 -180.55%
2015 -1.133.639.000 113.1%
2016 1.244.694.000 191.08%
2017 3.104.358.000 59.9%
2018 2.900.426.000 -7.03%
2019 1.460.931.000 -98.53%
2020 933.388.000 -56.52%
2021 1.324.398.000 29.52%
2022 3.268.615.000 59.48%
2023 1.443.699.000 -126.41%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

China Mengniu Dairy Company Limited Operating Cashflow
Year Operating Cashflow Growth
2003 351.854.000
2004 572.317.000 38.52%
2005 1.328.297.000 56.91%
2006 1.402.826.000 5.31%
2007 2.058.121.000 31.84%
2008 586.880.000 -250.69%
2009 2.131.571.000 72.47%
2010 2.485.117.000 14.23%
2011 2.520.057.000 1.39%
2012 2.006.896.000 -25.57%
2013 3.283.679.000 38.88%
2014 3.079.889.000 -6.62%
2015 1.909.189.000 -61.32%
2016 4.512.944.000 57.7%
2017 5.505.439.000 18.03%
2018 6.363.454.000 13.48%
2019 6.307.159.000 -0.89%
2020 5.347.678.000 -17.94%
2021 7.544.679.000 29.12%
2022 8.333.051.000 9.46%
2023 2.449.365.500 -240.21%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

China Mengniu Dairy Company Limited Capital Expenditure
Year Capital Expenditure Growth
2003 741.449.000
2004 1.164.441.000 36.33%
2005 1.042.018.000 -11.75%
2006 1.257.774.000 17.15%
2007 1.429.334.000 12%
2008 828.241.000 -72.57%
2009 327.673.000 -152.76%
2010 273.924.000 -19.62%
2011 687.632.000 60.16%
2012 2.302.994.000 70.14%
2013 2.867.151.000 19.68%
2014 2.931.418.000 2.19%
2015 3.042.828.000 3.66%
2016 3.268.250.000 6.9%
2017 2.401.081.000 -36.12%
2018 3.463.028.000 30.67%
2019 4.846.228.000 28.54%
2020 4.414.290.000 -9.78%
2021 6.220.281.000 29.03%
2022 5.064.436.000 -22.82%
2023 1.005.666.500 -403.59%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

China Mengniu Dairy Company Limited Equity
Year Equity Growth
2003 859.721.000
2004 2.303.128.000 62.67%
2005 2.767.079.000 16.77%
2006 3.632.680.000 23.83%
2007 5.834.704.000 37.74%
2008 4.737.971.000 -23.15%
2009 8.911.694.000 46.83%
2010 10.217.509.000 12.78%
2011 12.048.820.000 15.2%
2012 13.071.849.000 7.83%
2013 18.011.138.000 27.42%
2014 24.492.873.000 26.46%
2015 26.615.154.000 7.97%
2016 25.503.728.000 -4.36%
2017 27.107.123.000 5.92%
2018 30.464.279.000 11.02%
2019 33.347.337.000 8.65%
2020 37.247.559.000 10.47%
2021 41.999.432.000 11.31%
2022 50.051.798.000 16.09%
2023 50.651.711.000 1.18%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

China Mengniu Dairy Company Limited Assets
Year Assets Growth
2003 2.334.310.000
2004 4.762.114.000 50.98%
2005 6.087.105.000 21.77%
2006 7.763.678.000 21.6%
2007 9.681.279.000 19.81%
2008 11.315.275.000 14.44%
2009 14.096.126.000 19.73%
2010 17.305.841.000 18.55%
2011 20.201.685.000 14.33%
2012 20.990.734.000 3.76%
2013 40.339.396.000 47.96%
2014 47.080.792.000 14.32%
2015 50.652.541.000 7.05%
2016 49.124.427.000 -3.11%
2017 58.138.731.000 15.5%
2018 66.457.257.000 12.52%
2019 78.537.405.000 15.38%
2020 80.146.240.000 2.01%
2021 98.101.344.000 18.3%
2022 117.813.205.000 16.73%
2023 115.219.951.000 -2.25%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

China Mengniu Dairy Company Limited Liabilities
Year Liabilities Growth
2003 1.474.589.000
2004 2.458.986.000 40.03%
2005 3.320.026.000 25.93%
2006 4.130.998.000 19.63%
2007 3.846.575.000 -7.39%
2008 6.577.304.000 41.52%
2009 5.184.432.000 -26.87%
2010 7.088.332.000 26.86%
2011 8.152.865.000 13.06%
2012 7.918.885.000 -2.95%
2013 22.328.258.000 64.53%
2014 22.587.919.000 1.15%
2015 24.037.387.000 6.03%
2016 23.620.699.000 -1.76%
2017 31.031.608.000 23.88%
2018 35.992.978.000 13.78%
2019 45.190.068.000 20.35%
2020 42.898.681.000 -5.34%
2021 56.101.912.000 23.53%
2022 67.761.407.000 17.21%
2023 64.568.240.000 -4.95%

China Mengniu Dairy Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
18.52
Net Income per Share
0.84
Price to Earning Ratio
19.4x
Price To Sales Ratio
0.87x
POCF Ratio
9.66
PFCF Ratio
17.29
Price to Book Ratio
1.44
EV to Sales
1.21
EV Over EBITDA
14.61
EV to Operating CashFlow
13.39
EV to FreeCashFlow
24.06
Earnings Yield
0.05
FreeCashFlow Yield
0.06
Market Cap
63,75 Bil.
Enterprise Value
88,72 Bil.
Graham Number
14.54
Graham NetNet
-9.58

Income Statement Metrics

Net Income per Share
0.84
Income Quality
2.01
ROE
0.08
Return On Assets
0.03
Return On Capital Employed
0.05
Net Income per EBT
0.74
EBT Per Ebit
1.13
Ebit per Revenue
0.05
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.36
Operating Profit Margin
0.05
Pretax Profit Margin
0.06
Net Profit Margin
0.05

Dividends

Dividend Yield
0.03
Dividend Yield %
2.73
Payout Ratio
0.24
Dividend Per Share
0.54

Operating Metrics

Operating Cashflow per Share
1.68
Free CashFlow per Share
0.93
Capex to Operating CashFlow
0.44
Capex to Revenue
0.04
Capex to Depreciation
1.22
Return on Invested Capital
0.04
Return on Tangible Assets
0.04
Days Sales Outstanding
18.33
Days Payables Outstanding
74.48
Days of Inventory on Hand
47.74
Receivables Turnover
19.92
Payables Turnover
4.9
Inventory Turnover
7.65
Capex per Share
0.74

Balance Sheet

Cash per Share
5,32
Book Value per Share
12,84
Tangible Book Value per Share
6.99
Shareholders Equity per Share
11.23
Interest Debt per Share
9.48
Debt to Equity
0.84
Debt to Assets
0.32
Net Debt to EBITDA
4.11
Current Ratio
1.05
Tangible Asset Value
27,56 Bil.
Net Current Asset Value
-30,44 Bil.
Invested Capital
49902140000
Working Capital
1,53 Bil.
Intangibles to Total Assets
0.2
Average Receivables
3,67 Bil.
Average Payables
9,50 Bil.
Average Inventory
6088450000
Debt to Market Cap
0.59

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

China Mengniu Dairy Company Limited Dividends
Year Dividends Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 1 0%

China Mengniu Dairy Company Limited Profile

About China Mengniu Dairy Company Limited

China Mengniu Dairy Company Limited, an investment holding company, produces and distributes dairy products in the People's Republic of China and internationally. The company operates through four segments: Liquid Milk Products, Ice Cream Products, Milk Powder Products, and Others. The Liquid Milk Products segment produces and distributes ultra-high temperature milk, milk beverages, fresh milk, and yogurt. The Ice Cream Products segment produces and distributes ice cream. The Milk Powder Products segment produces and distributes milk powder. The Others segment engages in the provision of cheese and plant-based nutrition products, as well as trading business. It also offers organic food and formula products for babies and toddlers. The company offers its dairy products under the MENGNIU brand. China Mengniu Dairy Company Limited was founded in 1999 and is based in Causeway Bay, Hong Kong.

CEO
Mr. Fei Gao
Employee
43.000
Address
COFCO Tower
Causeway Bay,

China Mengniu Dairy Company Limited Executives & BODs

China Mengniu Dairy Company Limited Executives & BODs
# Name Age
1 Mr. Pengcheng Li
Vice President and Head of Group Affairs & Group Office
70
2 Mr. Yongping Wen
Vice President and Head of Research & Development and Innovation
70
3 Mr. Yan Luo
Vice President and Head of Chilled Product Business Unit & Fresh Milk Business Unit
70
4 Mr. Jiejun Zhao
Vice President and Head of Milk Sourcing & Animal Husbandry Industry Chain Business Unit
70
5 Mr. Minfang Lu
Executive Vice-Chairman
70
6 Mr. Ping Zhang
Vice President & Chief Financial Officer
70
7 Ms. Liu Lijun
Vice President & Head of Human Resources
70
8 Mr. Fei Gao
Chief Executive Officer & Executive Director
70
9 Ms. Yan Wang
Vice President & Executive Director
70
10 Mr. Zhigang Yang
Vice President and Head of Safety & Quality Management Unit
70

China Mengniu Dairy Company Limited Competitors