China Mengniu Dairy Co's quarterly market cap
declined
from Jun. 2023 (HK$116,371 Mil) to Dec. 2023 (HK$82,517 Mil) and
declined
from Dec. 2023 (HK$82,517 Mil) to Jun. 2024 (HK$55,070 Mil).
China Mengniu Dairy Co's annual market cap
declined
from Dec. 2021 (HK$174,731 Mil) to Dec. 2022 (HK$140,014 Mil) and
declined
from Dec. 2022 (HK$140,014 Mil) to Dec. 2023 (HK$82,517 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. China Mengniu Dairy Co's Enterprise Value for Today is HK$91,214 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of China Mengniu Dairy Co's Market Cap
For the Packaged Foods subindustry, China Mengniu Dairy Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Mengniu Dairy Co's Market Cap Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China Mengniu Dairy Co's Market Cap distribution charts can be found below:
* The bar in red indicates where China Mengniu Dairy Co's Market Cap falls into.
China Mengniu Dairy Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
China Mengniu Dairy Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Mengniu Dairy Co (HKSE:02319) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
China Mengniu Dairy Co Market Cap Related Terms
Thank you for viewing the detailed overview of China Mengniu Dairy Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
China Mengniu Dairy is China's second-largest dairy producer by market share. The company produces a broad range of dairy products including liquid milk, yogurt, ice cream, milk formula, and cheese. Liquid milk, composed of milk, milk beverages, and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yoghurt and Yoyi C. Mengniu also owns two infant formula brands, Yashili and Bellamy, as well as Milkground, a cheese brand.
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