China Mengniu Dairy Company Limited
Location: Headquartered in China, China Mengniu Dairy Company Limited serves as a major player in the dairy industry within the region.
Financial Indicators
The company has declared a dividend of RMB 0.509 per share, payable in Hong Kong dollars at a rate of HKD 0.5564 per share. This financial decision underscores the company's robust financial standing and profitability for the fiscal year ending December 31, 2024. The exchange rate applied for this conversion is RMB 1 to HKD 1.0931. In the fiscal year, China Mengniu Dairy reported revenues of CN¥82 billion and earnings per share of CN¥0.40.
Important Events
Key dates for shareholders include the ex-dividend date set for June 16, 2025, and the dividend payment date scheduled for June 27, 2025. These events highlight the company's ongoing commitment to providing shareholder value. Recent executive changes include the resignation of Mr. Wang Xi as a non-executive director and member of the Strategy and Development Committee, and the retirement of Mr. Zhang Ping from his roles as vice president and chief financial officer. Mr. Shen Xinwen has been appointed as the new executive director, vice president, and chief financial officer.
Company Plans
Analysts have rated China Mengniu Dairy's stock as 'Buy', with a target price of HK$21.00, indicating potential growth and favorable performance expectations. The company's projected growth aligns with industry trends, with consensus among 28 analysts predicting a stable growth trajectory. Earnings per share are expected to surge by 218% to CN¥1.27, while the anticipated revenue growth rate of 4.6% through 2026 aligns with the industry's projected growth rate of 5.0% annually. This growth acceleration is notable compared to the company's historical growth rate of 0.9% per annum over the past five years.
Modified: 2026/03/31