Professional
Added to YB: 2024-10-23
Pitch date: 2024-09-30
2319.HK [bullish]
China Mengniu Dairy Company Limited
-18.42%
current return
Author Info
No bio for this author
Company Info
China Mengniu Dairy Company Limited, an investment holding company, engages in the manufacture and distribution of dairy products under the MENGNIU brand in the People’s Republic of China and internationally.
Market Cap
HKD 57.2B
Pitch Price
HKD 17.93
Price Target
N/A
Dividend
3.37%
EV/EBITDA
9.84
P/E
13.56
EV/Sales
0.87
Sector
Food Products
Category
value
Baron International Growth Fund New Position: China Mengniu Dairy Company Limited
2319.HK: Leading Chinese dairy co. w/ vertical integration & high entry barriers. Expecting raw milk price recovery from 2025, benefiting large players like Mengniu. Market share gain likely due to brand strength & pricing power. Trading at historic low P/E, 5%+ dividend yield. Poised to outperform & boost shareholder returns.
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