Want to see HK:1117 full AI Analyst Report?
China Modern Dairy Holdings Ltd. (1117) AI Stock Analysis
China Modern Dairy Holdings Ltd.
(HKEX:1117)
The score is held down primarily by deteriorating financial performance—sharp margin compression, ongoing losses, higher leverage, and negative free cash flow despite positive operating cash flow. Technicals also lean bearish with price below key moving averages and negative MACD, though near-oversold RSI/Stoch slightly offsets. Valuation is mixed: the high dividend yield is supportive, but a negative P/E reflects loss-making fundamentals.
China Modern Dairy Holdings Ltd. (1117) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 9.77B
- Dividend Yield
- 1.06%
- Average Volume (3M)
- 22.20M
- Price to Earnings (P/E)
- -42.3
- Beta (1Y)
- 0.75
- Revenue Growth
- 5.12%
- EPS Growth
- 90.34%
- Country
- Hong Kong
- Employees
- 9,204
- Sector
- Consumer Defensive
- Sector Strength
- 62
- Industry
- Agricultural Farm Products
China Modern Dairy Holdings Ltd. Business Overview & Revenue Model
Company Description
China Modern Dairy Holdings Ltd. functions as an investment holding company dedicated to the production and sale of milk throughout Mainland China. The company's operations include supplying raw milk to clients for dairy product manufacturing, alongs...
How the Company Makes Money
The company primarily makes money by producing and selling raw milk. Its core revenue stream is revenue from raw milk sales, where pricing and volumes are driven by factors such as herd size, milk yield per cow, farm utilization, and prevailing raw m...
China Modern Dairy Holdings Ltd. Financial Statement Overview
Summary
Financial quality has weakened materially: revenue is contracting, gross margin collapsed to ~3.9% in 2025 (from ~26.0% in 2024), EBIT/EBITDA turned negative, and net losses persist. Leverage is elevated (debt-to-equity ~2.60x) while ROE is negative, increasing balance-sheet risk. The main offset is positive operating cash flow in 2024–2025, but deeply negative free cash flow over the last two years keeps funding risk high.
Income Statement
28NegativeBalance Sheet
35NegativeCash Flow
40Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.12B | 12.60B | 13.25B | 13.46B | 12.30B | 7.08B |
| Gross Profit | 3.58B | 3.45B | 3.45B | 3.13B | 3.27B | 2.55B |
| EBITDA | 1.42B | 2.75B | 2.76B | 1.19B | 1.40B | 1.58B |
| Net Income | -196.44M | -1.13B | -1.42B | 175.16M | 562.50M | 1.02B |
Balance Sheet | ||||||
| Total Assets | 36.89B | 36.59B | 33.94B | 31.39B | 28.82B | 23.67B |
| Cash, Cash Equivalents and Short-Term Investments | 7.08B | 6.59B | 3.06B | 1.96B | 2.14B | 1.89B |
| Total Debt | 23.40B | 21.59B | 16.90B | 13.52B | 13.54B | 9.06B |
| Total Liabilities | 27.08B | 26.77B | 22.82B | 19.55B | 17.18B | 12.56B |
| Stockholders Equity | 8.27B | 8.30B | 9.53B | 11.20B | 11.26B | 10.86B |
Cash Flow | ||||||
| Free Cash Flow | -1.02B | -1.64B | -2.02B | 1.12B | -2.48B | -125.57M |
| Operating Cash Flow | 2.30B | 2.04B | 2.40B | 5.45B | 1.58B | 1.87B |
| Investing Cash Flow | -5.85B | -3.89B | -3.97B | -3.88B | -3.99B | -2.87B |
| Financing Cash Flow | 4.15B | 4.42B | 2.00B | -1.63B | 2.59B | 1.64B |
China Modern Dairy Holdings Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1117, the sentiment is Negative. The current price of 1.25 is below the 20-day moving average (MA) of 1.37, below the 50-day MA of 1.49, and below the 200-day MA of 1.38, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 33.06 is Neutral, neither overbought nor oversold. The STOCH value of 13.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1117.
China Modern Dairy Holdings Ltd. Peers Comparison
Overall Rating
HK:143170Outperform- HK:111744Neutral
HK:985842Neutral
HK:143241Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1431 | 70Outperform | HKD 1.34B | 1.70 | 11.75% | ― | 12.04% | 144.39% |
| Sector * | 62Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
| HK:1117 | 44Neutral | HKD 9.87B | -42.26 | -2.37% | 1.06% | 5.12% | 90.34% |
| HK:9858 | 42Neutral | HKD 15.16B | 18.43 | 5.40% | ― | 6.96% | ― |
| HK:1432 | 41Neutral | HKD 2.01B | -6.47 | -7.21% | ― | 4.62% | -947.50% |
* Consumer Defensive Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1117 | China Modern Dairy Holdings Ltd. | 1.25 | 0.01 | 0.81% | |
| HK:1431 | YuanShengTai Dairy Farm | 0.28 | 0.02 | 9.62% | |
| HK:1432 | China Shengmu Organic Milk Ltd | 0.24 | -0.10 | -28.36% | |
| HK:9858 | China Youran Dairy Group Limited | 3.38 | -0.10 | -2.74% |
China Modern Dairy Holdings Ltd. Corporate Events
China Modern Dairy Publishes Unaudited Nine-Month Results for Modern Farming Unit
China Modern Dairy Holdings Ltd. has disclosed unaudited consolidated financial information for its non-wholly owned subsidiary Modern Farming (Group) Co., Ltd. for the nine months ended 30 September 2026, prepared under PRC GAAP and published in acc...
China Modern Dairy Subsidiary Raises RMB500 Million in Perpetual Notes to Fund Green Projects
China Modern Dairy’s non-wholly owned subsidiary Modern Farming has issued domestic perpetual medium-term notes of RMB500 million in the PRC at a 2.50% annual rate, with an initial 2-year term and perpetual thereafter unless redeemed. The notes...
China Modern Dairy Tightens Control of Subsidiary as Investor Waives Share Option
China Modern Dairy has moved to consolidate control over its Modern Farming Wuhe subsidiary by exercising a redemption right to acquire China Agricultural’s interest ahead of the original 2027 timetable. Following completion of the share transf...
China Modern Dairy Adjusts Voting Control Over China Shengmu Shares After Takeover
China Modern Dairy Holdings Ltd. and China Shengmu Organic Milk Limited jointly announced a partial lapse of an irrevocable voting proxy previously granted by Start Great Holdings Limited over shares of China Shengmu. The adjustment follows the compl...
China Modern Dairy Boosts Raw Milk Scale and Cash Flow with Organic Acquisition
China Modern Dairy reported interim results for the six months to 30 June 2026 that reflect steady operational growth and an expanding asset base along the full dairy value chain. The acquisition of a majority stake in China Shengmu Organic Milk Limi...
China Modern Dairy Sets Board Meeting for Interim Results and Dividend Plan
China Modern Dairy Holdings Ltd. has scheduled a board meeting for 25 August 2026 to approve its unaudited consolidated financial statements and interim results for the six months ended 30 June 2026. The meeting will also consider whether to recommen...
China Modern Dairy Lifts Stake in China Shengmu to 83.5% as Takeover Offer Closes
China Modern Dairy has closed its mandatory unconditional cash offer for China Shengmu Organic Milk, acquiring valid acceptances for approximately 52.25% of Shengmu’s issued shares. Combined with its existing holdings and concert-party interest...
China Modern Dairy Lifts Stake in Shengmu to 83.5% After Offer Close
China Modern Dairy Holdings has completed a mandatory unconditional cash offer to acquire all remaining shares of China Shengmu Organic Milk that it did not already own or had agreed to acquire. The offer, conducted through CLSA Limited, closed on 3...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 14, 2026