China Mengniu Dairy Co Ltd (HK:2319)
:2319
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China Mengniu Dairy Co
(2319)
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Rating:56Neutral
Price Target:
HK$17.50
â–¼(-0.28% Downside)
Action:ReiteratedDate:10/31/25
The overall stock score is primarily influenced by solid financial performance, despite challenges in profitability and increased leverage. Technical analysis indicates a bearish trend, with potential for a rebound. Valuation concerns arise from a negative P/E ratio, though the dividend yield offers some compensation. The lack of earnings call and corporate events data limits additional insights.
Positive Factors
Cash generation
Consistent operating cash flow and positive free cash flow growth signal durable internal funding. This cash generation underpins capex, dividend capacity and deleveraging options, providing financial resilience and flexibility across industry cycles.
Negative Factors
Rising leverage
Higher leverage reduces financial flexibility and raises interest exposure. With debt-to-equity near 0.84, the company faces greater refinancing and liquidity risk during downturns, limiting capacity for acquisitive growth or aggressive shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Consistent operating cash flow and positive free cash flow growth signal durable internal funding. This cash generation underpins capex, dividend capacity and deleveraging options, providing financial resilience and flexibility across industry cycles.
Read all positive factors
China Mengniu Dairy Co (2319) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$67.16B
Dividend Yield3.62%
Average Volume (3M)28.90M
Price to Earnings (P/E)34.7
Beta (1Y)1.07
Revenue Growth-7.36%
EPS Growth-107.25%
CountryHK
Employees41,058
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)0.65
Shares Outstanding3,878,902,600
10 Day Avg. Volume26,835,931
30 Day Avg. Volume28,904,777
Financial Highlights & Ratios
PEG Ratio-6.33
Price to Book (P/B)1.56
Price to Sales (P/S)0.73
P/FCF Ratio13.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$22.26Price Target Upside26.81% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
EPS Forecast (FY)1.27
Revenue Forecast (FY)HK$86.18B
China Mengniu Dairy Co Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
Mengniu generates revenue through multiple key streams primarily driven by the sale of its dairy products. The company earns substantial income from its liquid milk segment, which includes fresh milk and flavored milk products. Additionally, yogur...
China Mengniu Dairy Co Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
68
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 85.57B | 88.67B | 98.62B | 92.59B | 88.14B | 76.03B |
| Gross Profit | 34.58B | 35.09B | 36.64B | 32.69B | 32.39B | 28.63B |
| EBITDA | 6.44B | 5.87B | 11.18B | 10.51B | 9.01B | 6.86B |
| Net Income | -295.78M | 104.51M | 4.81B | 5.30B | 5.03B | 3.53B |
Balance Sheet | ||||||
| Total Assets | 99.79B | 106.29B | 115.22B | 117.81B | 98.10B | 80.15B |
| Cash, Cash Equivalents and Short-Term Investments | 24.52B | 25.48B | 20.98B | 19.59B | 15.88B | 19.15B |
| Total Debt | 29.70B | 34.64B | 37.41B | 40.04B | 27.03B | 18.94B |
| Total Liabilities | 51.77B | 58.27B | 64.57B | 67.76B | 56.10B | 42.90B |
| Stockholders Equity | 41.35B | 41.56B | 44.32B | 40.10B | 36.83B | 32.98B |
Cash Flow | ||||||
| Free Cash Flow | 6.32B | 4.86B | 4.21B | 3.27B | 1.32B | 933.39M |
| Operating Cash Flow | 9.22B | 8.33B | 8.35B | 8.33B | 7.54B | 5.35B |
| Investing Cash Flow | -950.91M | -3.50B | -285.83M | -14.86B | -15.44B | 4.82B |
| Financing Cash Flow | -15.01B | -6.33B | -6.80B | 4.15B | 6.77B | -4.57B |
China Mengniu Dairy Co Technical Analysis
Positive
17.55
Price Trends
16.40
Positive
15.67
Positive
15.68
Positive
Market Momentum
0.30
Negative
63.91
Neutral
89.54
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2319, the sentiment is Positive. The current price of 17.55 is above the 20-day moving average (MA) of 16.49, above the 50-day MA of 16.40, and above the 200-day MA of 15.68, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 63.91 is Neutral, neither overbought nor oversold. The STOCH value of 89.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2319.
China Mengniu Dairy Co Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | HK$75.08B | 13.61 | 24.09% | 5.46% | -1.68% | 22.06% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
58 Neutral | HK$6.73B | 13.00 | 7.63% | 2.21% | -3.39% | 91.63% | |
56 Neutral | HK$67.16B | 34.73 | 3.79% | 3.62% | -7.36% | -107.25% | |
55 Neutral | HK$32.06B | 8.88 | 7.69% | 6.70% | -0.64% | -24.62% | |
49 Neutral | HK$8.11B | 39.58 | 3.23% | 1.77% | -2.15% | -202.71% | |
48 Neutral | HK$3.22B | 18.39 | 2.84% | 2.90% | 0.52% | 99.51% |
* Consumer Defensive Sector Average
HK:2319
China Mengniu Dairy Co
17.35
-1.28
-6.87%
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12.56
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48.41%
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13.32
1.08
8.81%
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6.61
-2.88
-30.37%
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1.81
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-41.87%
China Mengniu Dairy Co Corporate Events
China Mengniu Dairy Sets Out New Terms of Reference for Nomination Committee
Dec 23, 2025
China Mengniu Dairy Company Limited has formalised detailed terms of reference for its Nomination Committee, setting out its constitution, membership structure, authority and key responsibilities. The committee must comprise at least three members...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.