CICC: Mengniu's medium-term operating profit margin may be improved to maintain the "outperforming industry" rating
CICC released a research report, saying that Mengniu's medium-term operating profit margin has room for improvement. Considering the high cost pressure of milk price from the second half of this year to next year, and the impact of the late lunar new year next year, CICC lowered its net profit forecast from 2020 to 2021 by 4% and 1.6%, maintaining the target price of 43 yuan and the "outperforming industry" rating.
This text is a result of machine translation.
Related companies：
Briefing Oct 27, 2023 08:24 AM
· Consumer Staples
Anjoy Foods Q3 Net Profit Totaled CNY 386 million, with an Impressive YoY Increase of 63.75%
Briefing Sep 23, 2023 01:43 AM
· Consumer Staples
China's Outbound Non-financial Direct Investment Increased 18.8% YoY
In-depth
Consumer Staples
Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?
How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.
Sep 09, 2026 02:48 PM
Briefing May 23, 2022 11:54 AM
· Consumer Staples
The Civil Aviation Administration issued a public air transport enterprise business license for Jiangsu Jingdong Cargo Airlines Co., Ltd. (Preparatory)
Jan 30, 2026 06:00 PM
Dec 11, 2023 08:49 PM
Apr 25, 2022 01:02 PM
Research
Consumer StaplesChina’s Food and Beverage Industry in Search of Methods to Shrink its Carbon Footprints
Apr 19, 2022 11:38 PM
Briefing May 21, 2022 09:59 AM
· Consumer Staples
Maotai Group: it will carry out in-depth cooperation with Mengniu Group in ice cream and other fields
Briefing Jan 28, 2022 07:29 PM
· Consumer Staples
Ganfeng lithium industry: signed the strategic framework agreement with the people's Government of Haixi Prefecture, Qinghai Province
Consumer Staples
SHEIN Expands Polish Logistics Hub with EUR 500 Million Investment
SHEIN（希音）announced a further EUR 500 million investment to expand its European logistics hub near Wrocław, Poland. The company said the investment would bring its cumulative spending in Poland since 2022 to EUR 1 billion and support faster order fulfilment across Europe.
Nov 05, 2026 11:38 AM
Consumer Staples
EU Conditionally Clears JD.com’s Takeover of CECONOMY
The European Commission conditionally approved JD.com’s（京东）proposed acquisition of German electronics retailer CECONOMY AG on November 3. The decision clears the transaction under the EU’s Foreign Subsidies Regulation and makes a set of ten-year commitments binding on the companies.
Nov 04, 2026 03:26 PM
Briefing Dec 06, 2021 01:19 PM
· Consumer Staples
MSCI's rating was upgraded and Mengniu's ESG rating was upgraded to "BBB"
Briefing Aug 25, 2021 10:58 PM
Mengniu Dairy: revenue of 45.91 billion yuan and net profit of 2.95 billion yuan in the first half of the year
Briefing Jul 07, 2021 12:02 AM
· Consumer Staples
China Shengmu: wholly owned subsidiary of China Mengniu increases 12.48% of the company's shares
Briefing Aug 27, 2020 09:58 AM
· Consumer Staples
Mengniu Dairy: Revenue Falls 5.80% YoY to CNY 37.53 Billion in 1H 2020
See more
Read next
Insight
In-depth
AI · Analysis
Revenue Up 283%, Over 60% From Overseas: MiniMax's Global Expansion
Nov 05, 2026 08:41 PM
Insight
In-depth
Mobility · Analysis
How BYD Is Turning China's EV Advantages into Global Growth
Nov 05, 2026 08:35 PM
Insight
In-depth
Embodied AI · Analysis
Capital Has No Passport - In an Age of Economic Sovereignty, how to position “China” in European Capital Markets?
Oct 21, 2026 04:46 PM
Insight
In-depth
Technology · Analysis
Which Way Is the Wind Blowing? How to Balance Geopolitics and Heavy Capex Investment
Oct 08, 2026 05:15 PM