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China Mengniu Dairy Company Limited

2319.HK

Latest Trade

41.10HKD

Change

0.15(+0.37%)

Volume

14,071,578

Today's Range

40.80

 - 

41.90

52 Week Range

26.90

 - 

53.85

As of on the Hong Kong Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
40.95
Open
41.45
Volume
14,071,578
3M AVG Volume
258.15
Today's High
41.90
Today's Low
40.80
52 Week High
53.85
52 Week Low
26.90
Shares Out (MIL)
3,948.19
Market Cap (MIL)
161,678.50
Forward P/E
25.80
Dividend (Yield %)
0.78

Next Event

China Mengniu Dairy Co Ltd Annual Shareholders Meeting

Latest Developments

More

China Mengniu Dairy Posts FY Profit Attributable Rmb3,525.0 Million

China Mengniu Dairy Says Danone Considering Divesting Its Stake In Co

China Mengniu Dairy Announces Strategic Collaboration Agreement With COFCO Trust Co

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About China Mengniu Dairy Company Limited

China Mengniu Dairy Company Limited is an investment holding company principally engaged in the manufacture and distribution of quality dairy products in China. The products include liquid milk products (such as milk beverages and yogurt), ice cream, milk formula and other products (such as cheese). The Company's subsidiaries include Mengniu (China) Investment Company Limited, China Mengniu International Co., Ltd. and Plant Base Limited. Through its subsidiaries, the Company is also engaged in the manufacture and sale of plant-based beverages.

Industry

Food Processing

Contact Info

Suites 801-2, 8th Floor, Top Glory Tower

262 Gloucester Road,Causeway Bay

Hong Kong

+852.null.21809050

http://www.mengniuir.com

Executive Leadership

Lang Chen

Non-Executive Chairman of the Board

Minfang Lu

Chief Executive Officer, Executive Director

Shuge Jiao

Independent Non-Executive Vice Chairman of the Board

Ping Zhang

Chief Financial Officer, Vice President

Zhaoxu Zhang

Vice President of Human Resources

Key Stats

1.63 mean rating - 27 analysts
Sell
Hold
Buy
Revenue (MM, CNY)

2018

69.0K

2019

79.0K

2020

76.0K

2021(E)

87.5K
EPS (CNY)

2018

0.778

2019

1.046

2020

0.892

2021(E)

1.322
Price To Earnings (TTM)
38.31
Price To Sales (TTM)
1.77
Price To Book (MRQ)
4.08
Price To Cash Flow (TTM)
23.91
Total Debt To Equity (MRQ)
57.44
LT Debt To Equity (MRQ)
42.51
Return on Investment (TTM)
7.59
Return on Equity (TTM)
4.41

Latest News

Latest News

Danone shares rise after it prepares to sell Chinese dairy stake

Shares in Danone rose 1.9% on Monday after the French food group said it was taking a first step toward selling its stake in its Chinese dairy partner Mengniu Dairy Company Limited, and would use the gains to buy back its own shares.

Under shareholder pressure, Danone takes step to sell Chinese asset

Danone said on Sunday it was taking a first step towards selling off its stake in its Chinese dairy partner as the French food group faces pressure from shareholders to improve its performance and governance.

Kirin to sell Australia's Lion-Dairy to Bega Cheese for over $385 mln - Nikkei

Japan's Kirin Holdings Co has decided to sell its Australian dairy firm Lion-Dairy and Drinks Pty Ltd to Bega Cheese Ltd for more than 40 billion yen ($385 million), the Nikkei business daily reported on Saturday.

Kirin, China Mengniu give up on sale deal for Australia's Lion-Dairy

Kirin Holdings Co and China Mengniu Dairy Co said on Tuesday they have given up on the sale of the Japanese company's wholly owned Australian dairy firm Lion-Dairy and Drinks Pty Ltd to the Chinese company.

Australia government may block China Mengniu's milk brands deal: media

Australia's government may block China Mengniu Dairy Co Ltd's <2319.HK> purchase of some of the country's best-known milk brands, the Australian Financial Review reported on Thursday, citing unidentified sources who blamed "diplomatic issues".

Australia to reject China-backed company's offer to buy dairy firm - media

Australia will not approve China Mengniu Dairy Co's proposed buyout of some of Australia's best-known milk brands from Japan's Kirin Holdings Co Ltd, the Australian Financial Review reported on Thursday.

BRIEF-China Mengniu Dairy Update In Relation To Outbreak Of Covid-19

* EXPECTS COVID-19 OUTBREAK MAY ADVERSELY IMPACT GROUP'S SALES & FINANCIAL PERFORMANCE FOR FIRST HALF OF 2020

BRIEF-ACCC Will Not Oppose Proposed Acquisition Of Lion Dairy & Drinks By China Mengniu Dairy

* ACCC SAYS WILL NOT OPPOSE PROPOSED ACQUISITION OF LION DAIRY & DRINKS BY CHINA MENGNIU DAIRY COMPANY Source text http://bit.ly/38M4anh Further company coverage:

China Mengniu Dairy to buy a second Australian dairy firm for $407 million from Kirin

China Mengniu Dairy Co Ltd <2319.HK> plans to buy the owner of some of Australia's best known milk brands from Japan's Kirin Holdings Co Ltd <2503.T> for A$600 million ($407 million), its second Down Under dairy buyout in two months.

China Mengniu Dairy to buy Australia's Lion-Dairy for $407 mln

China Mengniu Dairy Co Ltd on Monday said its unit has entered into an agreement to buy Australia-based dairy and beverages firm Lion-Dairy & Drinks Pty Ltd for A$600 million ($407 million).

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2200 GMT on Thursday:

China Mengniu gets go ahead for buyout of formula maker Bellamy's

Australia has conditionally approved China Mengniu Dairy Co's A$1.43 billion ($980.27 million) takeover of infant formula maker Bellamy's Australia Ltd, the country's Treasurer Josh Frydenberg said on Friday.

China Mengniu plans to buy infant formula maker Bellamy's for $983 million

China Mengniu Dairy Co <2319.HK> unveiled a plan to buy infant formula maker Bellamy's Australia Ltd <BAL.AX> for A$1.43 billion ($983 million), a lifeline for a target beset by regulatory problems that sent its shares soaring.

Bellamy's Australia to be bought by China Mengniu Dairy Co for $983 mln

Bellamy's Australia Ltd on Monday said China Mengniu Dairy Company Ltd will buy the formula maker for A$1.43 billion ($982.98 million).

China Mengniu to exit dairy products making unit for $586 million cash

China Mengniu Dairy Co Ltd <2319.HK> said late on Monday it would sell its 51% stake in dairy products making unit Shijiazhuang Junlebao Dairy Co Ltd for 4.01 billion yuan ($585.51 million) cash to strengthen its financial position.

China Mengniu Dairy, Coca-Cola sign Olympic deal to 2032

China Mengniu Dairy and Coca-Cola have signed a multi-year global Olympic deal as joint beverages and dairy sponsors starting from 2021 until 2032, the International Olympic Committee (IOC) said on Monday.

CHINA MENGNIU DAIRY, COCA-COLA SIGN JOINT GLOBAL OLYMPIC SPONSOR DEAL FROM 2021 TO 2032 - IOC

CHINA MENGNIU DAIRY, COCA-COLA SIGN JOINT GLOBAL OLYMPIC SPONSOR DEAL FROM 2021 TO 2032 - IOC

Dairy firm China Mengniu's 2018 profit jumps 49 pct on stronger sales

China Mengniu Dairy Co Ltd's 2018 net profit jumped 49 percent, boosted by stronger sales on an improved product mix and stable raw milk prices.

Dairy firm China Mengniu says H1 profit rises nearly 40 pct

China Mengniu Dairy Co Ltd late on Wednesday said its first-half net profit jumped 38.6 percent, boosted by reduced costs and stronger sales due to higher-quality products.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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