China Mengniu Dairy Company Limited
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China Mengniu Dairy Company Financial Snapshot
Limited Operating Performance
Fast Facts The company reported revenues of US$4,463.93
million during 2010, with a CAGR of 21.65% during
2006–2010. Its revenue grew at an annual rate of
Headquarters Address Unit 1001, 10th Floor, Wanchai, ,Hong Kong
18.76% over the previous fiscal year. In 2010, the
company recorded an operating margin of 4.81%, as
Telephone + 852 21809052
against 5.07% in 2009.
Fax + 852 21809039
Revenue and Margins
Website www.mengniuir.com
Ticker Symbol, Stock Exchange 2319, Hong Kong Stock Exchange
Number of Employees 21,100
Fiscal Year End December
Revenue (in US$ million) 4,463.93
Revenue (in CNY million) 30,265.42
SWOT Analysis
Strengths Weaknesses
Higher Returns vis-à-vis Competitors Dependence on Liquid Milk
Market Recognition Weak Operational Performance
Strategically Located Production Plants
Opportunities Threats
Junlebao Dairy Acquisition Growing Dairy Imports
Positive outlook for Chinese Dairy
Market
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China Mengniu Dairy Company Limited - SWOT Page 1
Profile
China Mengniu Dairy Company Limited
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Operational Efficiency ......................................................................................................................................12
2.2.4 Solvency ..........................................................................................................................................................13
2.2.5 Valuation ..........................................................................................................................................................14
2.3 Key Competitors ...................................................................................................................................................15
3 Recent Developments ........................................................................................................................... 16
4 SWOT Analysis ...................................................................................................................................... 17
4.1 SWOT Analysis - Overview ..................................................................................................................................17
4.2 Strengths ..............................................................................................................................................................17
4.3 Weaknesses .........................................................................................................................................................17
4.4 Opportunities ........................................................................................................................................................18
4.5 Threats .................................................................................................................................................................18
5 Company Statement .............................................................................................................................. 19
6 History .................................................................................................................................................... 21
7 China Mengniu Dairy Company Limited - Key Employees ................................................................. 22
8 Key Employee Biographies................................................................................................................... 23
9 Locations and Subsidiaries .................................................................................................................. 24
9.1 Head Office ..........................................................................................................................................................24
9.2 Other Locations and Subsidiaries ........................................................................................................................24
10 Appendix ................................................................................................................................................ 25
10.1 Methodology .........................................................................................................................................................25
10.2 Ratio Definitions ...................................................................................................................................................25
10.3 Disclaimer.............................................................................................................................................................29
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China Mengniu Dairy Company Limited - SWOT Page 2
Profile
China Mengniu Dairy Company Limited
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List of Tables
Table 1: Major Products and Services....................................................................................................................................6
Table 2: Key Ratio