YOLFTbeta
New Hope Dairy Co Ltd

New Hope Dairy Co Ltd

002946 · SHE · Consumer Defensive / Packaged Foods

17.17CNY+0.38 (+2.26%)

Price History

Full chart

Market Stats

Previous Close16.79
Open16.73
Day Range16.62 – 17.58
52-Week Range12.91 – 19.74
Volume10.69M
Market Cap12.76B
P/E (TTM)15.94
Forward P/E0.00
EPS0.93
Dividend Yield3.04%
Beta0.27
50-Day Avg15.67
200-Day Avg17.28

About

New Hope Dairy Co., Ltd. produces and sells dairy products in China. It offers pasteurized milk, ultra-high temperature milk, modified milk, fermented milk, and other dairy products, as well as involved in food trading, dairy cattle breeding, and other businesses. New Hope Dairy Co., Ltd. was founded in 2006 and is based in Chengdu, China. New Hope Dairy Co., Ltd. operates as a subsidiary of UNIVERSAL DAIRY LIMITED.

Company Details

  • SectorConsumer Defensive
  • IndustryPackaged Foods
  • CEOMr. Chuan Zhu
  • Employees8.27K
  • HeadquartersBuilding 2, Chengdu, China, 610023, China
  • Websitehttps://newhopedairy.cn

Leadership

  • Mr. Chuan ZhuPresident & Director · b. 1971
  • Ms. Yanan ChuCFO & Director · b. 1990
  • Mr. Shuai ZhangVice President · b. 1981
  • Mr. Shifeng ZhengSecretary to the Board & Assistant to the President · b. 1986

Financials

Income Statement

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.53B3.92B4.05B4.42B4.97B5.67B6.75B8.97B10.01B10.99B10.67B11.20B
Growth (%)-+10.84%+3.53%+9.09%+12.44%+14.14%+18.92%+32.87%+11.59%+9.80%-2.93%+5.02%
Cost of Revenue2.42B2.65B2.74B2.95B3.35B3.86B5.17B6.85B7.69B8.03B7.64B8.01B
Gross Profit1.11B1.26B1.32B1.47B1.62B1.81B1.58B2.12B2.32B2.95B3.02B3.19B
Gross Margin31.41%32.22%32.48%33.35%32.54%31.94%23.46%23.60%23.18%26.87%28.36%28.48%
Operating Expense1.07B964.62M1.20B1.25B1.36B1.55B1.29B1.75B1.92B2.44B2.34B2.19B
Operating Income42.04M296.81M120.40M225.10M257.97M257.59M296.78M367.97M403.17M507.90M680.01M1.00B
Operating Margin1.19%7.58%2.97%5.09%5.19%4.54%4.40%4.10%4.03%4.62%6.38%8.96%
EBITDA232.39M583.89M458.86M573.11M620.46M648.28M745.70M889.56M995.11M1.12B1.18B1.48B
EBITDA Margin6.58%14.91%11.32%12.96%12.48%11.42%11.05%9.92%9.94%10.21%11.09%13.20%
Net Income59.11M302.40M150.21M222.24M242.73M243.73M270.98M312.26M361.23M430.83M537.69M731.15M
Net Income Margin1.67%7.72%3.71%5.03%4.88%4.29%4.02%3.48%3.61%3.92%5.04%6.53%
R&D-11.69M20.86M51.44M30.91M64.04M70.74M83.63M85.24M85.48M86.32M50.37M
R&D as % of Total Revenue-0.30%0.51%1.16%0.62%1.13%1.05%0.93%0.85%0.78%0.81%0.45%
Interest Expense33.39M94.16M66.69M82.71M78.15M68.76M84.90M124.20M148.78M153.67M108.83M81.93M
Interest Expense % of Total Revenue0.95%2.41%1.65%1.87%1.57%1.21%1.26%1.39%1.49%1.40%1.02%0.73%

Balance Sheet

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.91B4.08B4.46B4.38B4.24B5.36B8.62B9.50B9.49B8.94B8.88B9.14B
Total Liabilities2.44B2.70B3.39B3.07B2.70B3.31B5.75B6.63B6.82B6.30B5.74B5.07B
Total Equity424.25M1.21B939.17M1.23B1.46B1.97B2.65B2.64B2.52B2.56B3.06B3.90B
Cash222.74M800.25M654.08M397.19M304.61M446.40M538.66M515.24M494.10M439.54M396.48M354.91M
Total Debt1.18B1.39B1.85B1.46B1.31B1.78B3.23B3.90B3.17B3.05B2.24B2.44B
Net Debt958.06M588.49M1.20B1.06B1.00B1.33B2.69B3.38B2.68B2.61B1.85B2.09B

Cash Flow

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow351.59M454.68M456.50M488.46M437.26M635.01M719.44M1.04B1.03B1.56B1.49B1.55B
Investing Cash Flow-767.12M-543.58M-583.49M-583.97M-161.01M-1.27B-1.95B-1.11B-653.03M-587.04M-568.17M-550.72M
Financing Cash Flow447.22M540.13M17.46M-70.56M-368.09M770.94M1.32B47.09M-468.52M-946.05M-970.55M-1.07B
Capital Expenditure618.62M749.90M547.85M598.45M411.47M601.66M634.44M695.28M732.33M775.60M665.82M604.95M
Free Cash Flow-267.04M-295.21M-91.35M-139.37M25.79M33.35M85.01M339.79M301.38M781.51M825.43M948.28M
Dividends Paid57.78M107.53M414.99M88.27M79.00M51.22M170.81M163.35M64.83M208.64M223.99M305.54M
FCF to OCF-75.95%-64.93%-20.01%-28.53%5.90%5.25%11.82%32.83%29.15%50.19%55.35%61.05%
Dividend Paid to FCF-21.64%-36.42%-454.28%-63.33%306.29%153.59%200.94%48.07%21.51%26.70%27.14%32.22%

Earnings

Report DateApr 30, 2019Aug 30, 2019Oct 30, 2019Feb 28, 2020Apr 27, 2020Aug 27, 2020Oct 28, 2020Dec 31, 2020Apr 14, 2021Aug 30, 2021Oct 26, 2021Apr 28, 2022Aug 29, 2022Oct 30, 2022Apr 25, 2023Aug 28, 2023Oct 30, 2023Apr 25, 2024Aug 30, 2024Oct 30, 2024Apr 24, 2025Aug 28, 2025Oct 30, 2025Mar 23, 2026Apr 28, 2026Aug 27, 2026
EPS Estimate--------------------------
EPS Actual0.030.100.090.08-0.030.120.130.100.030.130.130.060.170.140.060.200.170.100.240.210.150.310.260.130.220.32
Surprise--------------------------
TimingPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-market-Pre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market-Pre-marketAfter-hours-----

Key Statistics & Ratios

Market Cap12.76B
Enterprise Value14.29B
Trailing P/E15.94
Forward P/E0.00
Price / Sales1.11
Price / Book3.42
EPS0.93
Book Value4.22
Revenue (TTM)11.52B
Gross Profit (TTM)3.35B
EBITDA1.51B
Profit Margin6.94%
Operating Margin12.74%
Return on Equity23.29%
Return on Assets7.86%
Shares Outstanding860.68M
Shares Float184.33M
Beta0.27
Dividend Yield3.04%
Dividend Rate0.45
Payout Ratio48.44%

Dividends

20262×
0.38Jun 9, 20260.07Jan 16, 2026
20252×
0.25Jun 26, 20250.04Feb 14, 2025
20241×
0.15Jul 9, 2024
20231×
0.09Jun 20, 2023
20221×
0.07Jun 15, 2022
20211×
0.07Jun 23, 2021
20201×
0.06Aug 12, 2020
20191×
0.06Jul 12, 2019