China Mengniu Dairy Company Limited, an investment holding company, produces and distributes dairy products in the People's Republic of China and internationally. The company operates through four segments: Liquid Milk Products, Ice Cream Products, Milk Powder Products, and Others. The Liquid Milk Products segment produces and distributes ultra-high temperature milk, milk beverages, fresh milk, and yogurt. The Ice Cream Products segment produces and distributes ice cream. The Milk Powder Products segment produces and distributes milk powder. The Others segment engages in the provision of cheese and plant-based nutrition products, as well as trading business. It also offers organic food and formula products for babies and toddlers. The company offers its dairy products under the MENGNIU brand. China Mengniu Dairy Company Limited was founded in 1999 and is based in Causeway Bay, Hong Kong.
P/S ratio for China Mengniu Dairy Company Limited (2319.HK)
P/S ratio as of 2023: 0.72
According to China Mengniu Dairy Company Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.72. At the end of 2022 the company had a P/S ratio of 1.33.
P/S ratio history for China Mengniu Dairy Company Limited from 2003 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 0.72 |
| 2022 | 1.33 |
| 2021 | 1.61 |
| 2020 | 2.03 |
| 2019 | 1.39 |
| 2018 | 1.21 |
| 2017 | 1.25 |
| 2016 | 0.97 |
| 2015 | 0.84 |
| 2014 | 0.99 |
| 2013 | 1.20 |
| 2012 | 0.87 |
| 2011 | 0.69 |
| 2010 | 1.00 |
| 2009 | 1.56 |
| 2008 | 0.55 |
| 2007 | 1.77 |
| 2006 | 1.74 |
| 2005 | 0.79 |
| 2004 | 0.80 |
| 2003 | 1.09 |