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Mengniu Dairy

Mengniu Dairy
HKEX

China Mengniu Dairy Company Limited and its subsidiaries manufacture and distribute quality dairy products in China.

OVERVIEW

Categories
Consumption Life, Dairy Product
HQ location
Inner Mongolia
Founded date
Jan. 1, 1999
IPO date
Jun. 10, 2004
Legal name
China Mengniu Dairy Company Limited.
The company operates through four segments: Liquid Milk Products, Ice Cream Products, Milk Powder Products, and Others. The Liquid Milk Products segment manufactures and distributes ultra-high temperature milk, milk beverages, and yogurt. The Ice Cream Products segment manufactures and distributes ice cream. The Milk Powder Products segment manufactures and distributes milk powder. The Other segment offers cheese and plant-based nutrition products, as well as engages in trading business.
02319:HKEX
Transaction date
Jun. 2, 2020
52-week high
HKD 34.60
52-week low
HKD 24.35
Volume
324,448,988
Open
HKD 29.00
Close
HKD 29.00
P/E
24.90
Market cap
HKD 114.14 billion

ANALYSIS

Mengniu's 2019 profit soars to a high level, there is still a long way to go to reach “double 100 billion” 丨 European financial report

Mengniu Dairy continued to maintain high growth in 2019, and its net profit attributable to mothers reached a high of 4.105 billion yuan for the first time. Mengniu ’s 2017 target of “double 100 billion” is still far away.

Mar. 27, 2020 · Mengniu Dairy

Five questions about Mengniu: Can you continue to lead the industry by relying on big singles?

On March 26, Mengniu Dairy issued its 2019 financial report, and revenue and profit maintained double-digit growth. During the reporting period, Mengniu's operating income reached 79.030 billion yuan, a year-on-year increase of 14.57%; net profit attributable to mothers was 4.105 billion yuan, a year-on-year increase of 34.91%.

Mar. 27, 2020 · Mengniu Dairy

Leaving Mengniu, Junlebao introduces Gao Ling and Sequoia to prepare for IPO

Before Liangpinpu was ready to go public, the introduction of today's capital and Gaojing Capital escorted all the way. This time Junlebao's introduction of Sequoia China and Gaojing Capital may help the company's IPO process.

Mar. 18, 2020 · Mengniu Dairy

REPORTS

Mengniu Dairy (2319.HK): Strengthening high-end layout, expanding business reach overseas

The target price of HK $ 37.0 is estimated that the company's EPS for 2019-2021 will be 1.75 / 1.18 / 1.40 yuan, respectively. The target price is HK $ 37.0, corresponding to 28 times PE in 2020, which has a 23.5% increase space compared to the current price.

Dec. 2, 2019 · Mengniu Dairy

Mengniu Dairy (2319.HK): Strong core business growth, sustainable profit improvement, industry report

The 18-year performance exceeded expectations, and the core business performance was dazzling: 18H1 / H2 company revenue was 345.6 / 34.61 billion yuan, an increase of 17.2% / 12.4% year-on-year respectively, both achieved faster double-dig

Apr. 4, 2019 · Mengniu Dairy

ANNOUNCEMENTS

Date Announcement
Apr. 28, 2020 On April 28, Mengniu Dairy released annual report. 1)For the year ended 31 December 2019, the Group made revenue of CNY 79,029.9 million (2018: CNY 68,977.1 million), representing an increase of 14.6% year-on-year. Profit attributable to owners of the Company increased by 34.9% to CNY 4,105.4 million (2018: CNY 3,043.0 million). Basic earnings per share increased by 34.7% to CNY 1.049 (2018: CNY0.779). 2)During the year, the room temperature product business has • maintained a strong trend of development in 2019 with double-digit growth in revenue, and the sales growth of high-end brands was particularly outstanding. Product structure was further enhanced.
Mar. 26, 2020 The sales of the Group from February to March 2020 and the normal operation of the entire upstream and downstream supply chain were affected by the new coronavirus. In addition, the Group's additional costs increased from February to March 2020, mainly because: (i) the Group invested additional epidemic prevention and control costs in order to ensure the health and safety of employees and resume normal work and production; (ii) the Group invested Additional marketing expenses in order to reduce channel inventory as soon as possible and accelerate the return to normal sales rhythm; and (iii) The Group actively assumes social responsibility and donates money and goods to the community.
Mar. 26, 2020 For the year ended 31 December 2019, revenue was CNY 79.299 billion (2018: CNY 68.771 billion), a year-on-year increase of 14.6%. Profit attributable to owners of the Company increased by 34.9% to CNY 4,105.54 billion (2018: CNY 3,043 million). Basic earnings per share increased by 34.7% to CNY 1.049 (2018: CNY 0.779).
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Overview
Categories
Consumption Life, Dairy Product
HQ location
Inner Mongolia
Founded date
Jan. 1, 1999
IPO date
Jun. 10, 2004
Legal name
China Mengniu Dairy Company Limited.
The company operates through four segments: Liquid Milk Products, Ice Cream Products, Milk Powder Products, and Others. The Liquid Milk Products segment manufactures and distributes ultra-high temperature milk, milk beverages, and yogurt. The Ice Cream Products segment manufactures and distributes ice cream. The Milk Powder Products segment manufactures and distributes milk powder. The Other segment offers cheese and plant-based nutrition products, as well as engages in trading business.
02319:HKEX
Transaction date
Jun. 2, 2020
52-week high
HKD 34.60
52-week low
HKD 24.35
Volume
324,448,988
Open
HKD 29.00
Close
HKD 29.00
P/E
24.90
Market cap
HKD 114.14 billion
Analysis

Mengniu's 2019 profit soars to a high level, there is still a long way to go to reach “double 100 billion” 丨 European financial report

Mengniu Dairy continued to maintain high growth in 2019, and its net profit attributable to mothers reached a high of 4.105 billion yuan for the first time. Mengniu ’s 2017 target of “double 100 billion” is still far away.

Mar. 27, 2020 · Mengniu Dairy

Five questions about Mengniu: Can you continue to lead the industry by relying on big singles?

On March 26, Mengniu Dairy issued its 2019 financial report, and revenue and profit maintained double-digit growth. During the reporting period, Mengniu's operating income reached 79.030 billion yuan, a year-on-year increase of 14.57%; net profit attributable to mothers was 4.105 billion yuan, a year-on-year increase of 34.91%.

Mar. 27, 2020 · Mengniu Dairy

Leaving Mengniu, Junlebao introduces Gao Ling and Sequoia to prepare for IPO

Before Liangpinpu was ready to go public, the introduction of today's capital and Gaojing Capital escorted all the way. This time Junlebao's introduction of Sequoia China and Gaojing Capital may help the company's IPO process.

Mar. 18, 2020 · Mengniu Dairy
Reports

Mengniu Dairy (2319.HK): Strengthening high-end layout, expanding business reach overseas

The target price of HK $ 37.0 is estimated that the company's EPS for 2019-2021 will be 1.75 / 1.18 / 1.40 yuan, respectively. The target price is HK $ 37.0, corresponding to 28 times PE in 2020, which has a 23.5% increase space compared to the current price.

Dec. 2, 2019 · Mengniu Dairy

Mengniu Dairy (2319.HK): Strong core business growth, sustainable profit improvement, industry report

The 18-year performance exceeded expectations, and the core business performance was dazzling: 18H1 / H2 company revenue was 345.6 / 34.61 billion yuan, an increase of 17.2% / 12.4% year-on-year respectively, both achieved faster double-dig

Apr. 4, 2019 · Mengniu Dairy
Announcements
Date Announcement
Apr. 28, 2020 On April 28, Mengniu Dairy released annual report. 1)For the year ended 31 December 2019, the Group made revenue of CNY 79,029.9 million (2018: CNY 68,977.1 million), representing an increase of 14.6% year-on-year. Profit attributable to owners of the Company increased by 34.9% to CNY 4,105.4 million (2018: CNY 3,043.0 million). Basic earnings per share increased by 34.7% to CNY 1.049 (2018: CNY0.779). 2)During the year, the room temperature product business has • maintained a strong trend of development in 2019 with double-digit growth in revenue, and the sales growth of high-end brands was particularly outstanding. Product structure was further enhanced.
Mar. 26, 2020 The sales of the Group from February to March 2020 and the normal operation of the entire upstream and downstream supply chain were affected by the new coronavirus. In addition, the Group's additional costs increased from February to March 2020, mainly because: (i) the Group invested additional epidemic prevention and control costs in order to ensure the health and safety of employees and resume normal work and production; (ii) the Group invested Additional marketing expenses in order to reduce channel inventory as soon as possible and accelerate the return to normal sales rhythm; and (iii) The Group actively assumes social responsibility and donates money and goods to the community.
Mar. 26, 2020 For the year ended 31 December 2019, revenue was CNY 79.299 billion (2018: CNY 68.771 billion), a year-on-year increase of 14.6%. Profit attributable to owners of the Company increased by 34.9% to CNY 4,105.54 billion (2018: CNY 3,043 million). Basic earnings per share increased by 34.7% to CNY 1.049 (2018: CNY 0.779).