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China Modern Dairy Holdings Ltd.
(1117)
China Modern Dairy Holdings Ltd. (1117) vs. iShares MSCI Hong Kong ETF (EWH)
China Modern Dairy Holdings Ltd. Business Overview & Revenue Model
China Modern Dairy Holdings Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.91B | 13.25B | 13.46B | 12.30B | 7.08B | 6.02B |
| Gross Profit | 3.38B | 3.45B | 3.13B | 3.27B | 2.55B | 2.46B |
| EBITDA | 2.57B | 2.60B | 1.19B | 1.40B | 1.58B | 2.15B |
| Net Income | -2.10B | -1.42B | 175.16M | 562.50M | 1.02B | 770.01M |
Balance Sheet | ||||||
| Total Assets | 33.39B | 33.94B | 31.39B | 28.82B | 23.67B | 15.57B |
| Cash, Cash Equivalents and Short-Term Investments | 3.90B | 3.06B | 1.96B | 2.14B | 1.89B | 1.17B |
| Total Debt | 19.28B | 16.90B | 13.52B | 13.54B | 9.06B | 5.86B |
| Total Liabilities | 23.33B | 22.82B | 19.55B | 17.18B | 12.56B | 7.53B |
| Stockholders Equity | 8.53B | 9.53B | 11.20B | 11.26B | 10.86B | 7.90B |
Cash Flow | ||||||
| Free Cash Flow | -1.94B | -2.02B | 1.12B | -2.48B | -125.57M | 454.39M |
| Operating Cash Flow | 2.50B | 2.40B | 5.45B | 1.58B | 1.87B | 1.94B |
| Investing Cash Flow | -4.13B | -3.97B | -3.88B | -3.99B | -2.87B | -765.73M |
| Financing Cash Flow | 1.51B | 2.00B | -1.63B | 2.59B | 1.64B | -963.99M |
China Modern Dairy Holdings Ltd. Technical Analysis
China Modern Dairy Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$1.43B | 4.62 | 5.66% | ― | 13.78% | 432.26% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
55 Neutral | HK$12.23B | -5.37 | -21.76% | 0.86% | -2.69% | -695.87% | |
54 Neutral | HK$18.65B | -24.41 | -5.81% | ― | 3.07% | -64.23% | |
53 Neutral | HK$3.31B | 98.75 | 0.82% | 0.69% | -7.11% | ― |
China Modern Dairy Holdings Ltd. Corporate Events
China Modern Dairy Holdings Ltd. has provided a monthly update on its proposed mandatory conditional cash offer for all issued shares of China Shengmu Organic Milk Limited not already owned or agreed to be acquired by CMD and Start Great Holdings Limited. The company confirmed that since the initial announcement of the potential offer, it has been working to satisfy the conditions precedent under its share purchase agreements, and independent shareholders of CMD have now approved the relevant transactions at an extraordinary general meeting on 16 January 2026. However, apart from two remaining conditions under the share purchase agreements, no other conditions precedent have yet been satisfied or waived, and completion of the share purchase agreements remains outstanding. CMD and CSM stated that further announcements will be made as required, while warning shareholders and potential investors that completion of the share purchase agreements may or may not occur and, consequently, the possible mandatory cash offer for CSM shares may or may not proceed.
The most recent analyst rating on (HK:1117) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.
China Modern Dairy Holdings Ltd. has announced that shareholders approved, by poll at an extraordinary general meeting held on 16 January 2026, a key resolution related to its previously flagged plan for a mandatory conditional cash offer for all issued shares of China Shengmu Organic Milk Limited not already owned or agreed to be acquired by the group and its partner. Due to listing-rule requirements, major shareholder Mengniu and its associates, as well as the trustee of the company’s share award scheme, abstained from voting, leaving 3.35 billion shares, or about 42.38% of issued share capital, eligible to vote; the successful passage of the resolution clears an important procedural hurdle for the proposed acquisition and offer structure, paving the way for Modern Dairy to advance its consolidation strategy in China’s dairy and organic milk market, with implications for its ownership structure and competitive positioning.
The most recent analyst rating on (HK:1117) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.
China Modern Dairy Holdings Ltd. has called an extraordinary general meeting for 16 January 2026, to be held exclusively via an online platform, where shareholders will vote on approving and ratifying a series of share purchase agreements and an associated acquisition. The meeting will also seek shareholder approval for a mandatory conditional cash offer, to be made by CLSA Limited on behalf of China Modern Dairy, to acquire all remaining shares of CSM not already owned or agreed to be acquired by the company and Start Great Holdings Limited, and will authorize the board to take all necessary actions, including adjustments to terms, to implement the acquisition and offer, signaling a potentially significant expansion of the group’s ownership and strategic control.
The most recent analyst rating on (HK:1117) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.
China Modern Dairy Holdings Ltd. and China Shengmu Organic Milk Limited have issued a joint update on the proposed mandatory conditional cash offer by CLSA Limited, on behalf of China Modern Dairy, to acquire all issued shares of China Shengmu not already owned by China Modern Dairy and its affiliate Start Great Holdings. The transaction remains contingent on completion of share purchase agreements and satisfaction or waiver of various conditions precedent, none of which have been fulfilled as of 19 December 2025. China Modern Dairy is preparing a shareholder circular, expected to be dispatched by 31 December 2025, and has begun the necessary regulatory filings, but cautions that the share purchase completion, and therefore the offer itself, may or may not proceed. Both companies advise shareholders and potential investors to exercise caution when dealing in their shares while further announcements on the offer’s progress are pending.
The most recent analyst rating on (HK:1117) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.
China Modern Dairy Holdings Ltd. announced a delay in the dispatch of its circular related to a major and connected transaction involving the acquisition of shares in China Shengmu Organic Milk Limited. The delay is due to the additional time required to prepare necessary information, with the circular now expected to be dispatched by December 31, 2025. This announcement highlights the conditional nature of the offer, which depends on the completion of share purchase agreements, urging shareholders and investors to exercise caution.
The most recent analyst rating on (HK:1117) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.
China Modern Dairy Holdings Ltd. has announced an extension for the dispatch of the offer document related to a possible mandatory conditional cash offer to acquire all issued shares of China Shengmu Organic Milk Limited. This extension is due to the need for additional time to satisfy conditions under the Share Purchase Agreements and to finalize information for the offer document. The extension aims to ensure all necessary conditions are met and is expected to impact the timeline for the acquisition process.
The most recent analyst rating on (HK:1117) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.
China Modern Dairy Holdings Ltd. announced the unaudited consolidated financial information of its non-wholly owned subsidiary, Modern Farming (Group) Co., Ltd., for the nine months ending September 30, 2025. The financial data, prepared according to PRC Generally Accepted Accounting Principles, highlights the company’s ongoing financial activities, including the issuance of domestic short-term debentures and medium-term notes. Stakeholders are advised to exercise caution as the information is limited to Modern Farming and may not fully represent the overall operational status of China Modern Dairy Holdings Ltd.
The most recent analyst rating on (HK:1117) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.