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China Mengniu Dairy stock: growth
2319.HKChina Mengniu Dairy reported $12.33B in revenue for fiscal 2025, down 7.3% on the prior year, up 1.6% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
8.9%
per year from 2006 to 2025, per share 6.9%
Earnings (Annual rate)
4%
per year from 2006 to 2025, per share 2.1%
Free cash flow (Annual rate)
22%
per year from 2006 to 2025, per share 19.7%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 1.6% | 5.3% | 8.9% |
| Revenue per share | 1.7% | 5.3% | 6.9% |
| Earnings | −15.2% | −4.2% | 4.0% |
| Earnings per share | −15.0% | −4.1% | 2.1% |
| Free cash flow | 46.5% | no data | 22.0% |
| Free cash flow per share | 46.7% | no data | 19.7% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $2.44B | $109.08M | $21.75M |
| 2007 | $3.2B | $166.26M | $94.3M |
| 2008 | $3.58B | −$142.26M | −$36.2M |
| 2009 | $3.86B | $167.33M | $270.52M |
| 2010 | $4.54B | $185.55M | $331.6M |
| 2011 | $5.61B | $238.33M | $274.8M |
| 2012 | $5.41B | $188.53M | −$44.4M |
| 2013 | $6.5B | $244.58M | $62.46M |
| 2014 | $7.51B | $352.54M | $22.27M |
| 2015 | $7.35B | $355.01M | −$170.01M |
| 2016 | $8.06B | −$112.65M | $186.66M |
| 2017 | $9.02B | $307.1M | $465.54M |
| 2018 | $10.34B | $456.35M | $434.96M |
| 2019 | $11.85B | $615.67M | $219.09M |
| 2020 | $11.4B | $528.63M | $139.97M |
| 2021 | $13.22B | $753.65M | $198.61M |
| 2022 | $13.89B | $795.26M | $490.18M |
| 2023 | $14.79B | $721.21M | $632.04M |
| 2024 | $13.3B | $15.67M | $728.39M |
| 2025 | $12.33B | $231.75M | $944.45M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 13 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = HK$7.8782, $1 = CN¥6.6683)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 9 Jan 2026)
- Valuation signal Fairly valued since 13 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.