China Mengniu Dairy Company Limited
China Mengniu Dairy Company Limited, an investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People's Republic of China and internationally. It operates through five segments: Liquid Milk Business, Ice Cream Business, Milk Formula Business, Cheese Business, and Others. The Liquid Milk Business segment offers ultra-high temperature milk, milk bever… Read more
China Mengniu Dairy Company Limited (CIADF) - Total Assets
Latest total assets as of December 2024: $106.29 Billion USD
Based on the latest financial reports, China Mengniu Dairy Company Limited (CIADF) holds total assets worth $106.29 Billion USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
China Mengniu Dairy Company Limited - Total Assets Trend (2003–2024)
This chart illustrates how China Mengniu Dairy Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Mengniu Dairy Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
China Mengniu Dairy Company Limited's total assets of $106.29 Billion consist of 33.7% current assets and 66.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.3% |
| Accounts Receivable | $3.37 Billion | 3.2% |
| Inventory | $4.94 Billion | 4.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $10.25 Billion | 9.6% |
| Goodwill | $7.68 Billion | 7.2% |
Asset Composition Trend (2003–2024)
This chart illustrates how China Mengniu Dairy Company Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Mengniu Dairy Company Limited's current assets represent 33.7% of total assets in 2024, a decrease from 42.2% in 2003.
- Cash Position: Cash and equivalents constituted 16.3% of total assets in 2024, up from 16.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 2003.
- Asset Diversification: The largest asset category is intangible assets at 9.6% of total assets.
China Mengniu Dairy Company Limited Competitors by Total Assets
Key competitors of China Mengniu Dairy Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
China Mengniu Dairy Company Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - China Mengniu Dairy Company Limited generates 0.83x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, China Mengniu Dairy Company Limited generates $ 0.10 in net profit.
China Mengniu Dairy Company Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.97 | 1.05 | 1.18 |
| Quick Ratio | 0.83 | 0.86 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.24 Billion | $ 1.53 Billion | $ 5.75 Billion |
China Mengniu Dairy Company Limited - Advanced Valuation Insights
This section examines the relationship between China Mengniu Dairy Company Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.69 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -7.7% |
| Total Assets | $106.29 Billion |
| Market Capitalization | $7.45 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Mengniu Dairy Company Limited's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: China Mengniu Dairy Company Limited's assets decreased by 7.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for China Mengniu Dairy Company Limited (2003–2024)
The table below shows the annual total assets of China Mengniu Dairy Company Limited from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $106.29 Billion | -7.75% |
| 2023-12-31 | $115.22 Billion | -2.20% |
| 2022-12-31 | $117.81 Billion | +20.09% |
| 2021-12-31 | $98.10 Billion | +22.40% |
| 2020-12-31 | $80.15 Billion | +2.05% |
| 2019-12-31 | $78.54 Billion | +18.18% |
| 2018-12-31 | $66.46 Billion | +14.31% |
| 2017-12-31 | $58.14 Billion | +18.35% |
| 2016-12-31 | $49.12 Billion | -3.02% |
| 2015-12-31 | $50.65 Billion | +7.59% |
| 2014-12-31 | $47.08 Billion | +16.71% |
| 2013-12-31 | $40.34 Billion | +92.18% |
| 2012-12-31 | $20.99 Billion | +3.91% |
| 2011-12-31 | $20.20 Billion | +16.73% |
| 2010-12-31 | $17.31 Billion | +22.77% |
| 2009-12-31 | $14.10 Billion | +24.58% |
| 2008-12-31 | $11.32 Billion | +16.88% |
| 2007-12-31 | $9.68 Billion | +24.70% |
| 2006-12-31 | $7.76 Billion | +27.54% |
| 2005-12-31 | $6.09 Billion | +27.82% |
| 2004-12-31 | $4.76 Billion | +104.01% |
| 2003-12-31 | $2.33 Billion | -- |