TacticScaleWhat China Mengniu Dairy Does & How It Makes Money (2319.HK)
Updated October 2026 · reflects China Mengniu Dairy's latest reported financials
Chinese dairy maker of milk, yogurt, ice cream, formula and cheese. Most of its revenue comes from making and selling branded dairy products, mainly liquid milk, plus ice cream, milk powder and cheese.
How China Mengniu Dairy makes money
Most of its revenue comes from making and selling branded dairy products, mainly liquid milk, plus ice cream, milk powder and cheese. Smaller income comes from selling raw materials, trading, and commercial factoring and financing guarantee services.
What China Mengniu Dairy does
China Mengniu Dairy is a major Chinese dairy company that sells products under the MENGNIU brand in mainland China and internationally. It reports five segments. Liquid Milk covers UHT milk, milk beverages, yogurt and fresh milk. The other four are Ice Cream, Milk Formula (milk powder), Cheese, and Others. The Others segment covers raw materials for dairy products and trading. Mengniu also produces organic food and formula for babies and toddlers. It sells raw materials and offers commercial factoring and financing guarantee services. The company was founded in 1999 and is based in Causeway Bay, Hong Kong. As a packaged-food business, it sits in the consumer defensive sector.
Products & services
- UHT milk
- Fresh milk and yogurt
- Milk beverages
- Dairy ice cream
- Milk formula / milk powder
- Cheese
What is China Mengniu Dairy worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
We show a fair value only when the method is trustworthy. See China Mengniu Dairy on TacticScale →
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