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Ausnutria Dairy Corporation Ltd logo

Ausnutria Dairy Corporation Ltd

1717.HK

HKSEConsumer DefensivePackaged Foods

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Latest quote

HK$1.285

+HK$0.05 · +4.05%

Aug 24, 3:08 PM HKTData delayed

1717.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Ausnutria Dairy Corporation Ltd, an investment holding firm, is primarily involved in the entire lifecycle of infant formula and other dairy products, encompassing research and development, milk sourcing, processing, manufacturing, packaging, marketing, and distribution. Its operations are divided into two main divisions: Dairy and Related Products, and Nutrition Products. The company markets cow milk-based formula products under brand names such as Allnutria, Hyproca Hollary, Hyproca Hypure, Neolac, and Puredo. Additionally, its goat milk-based infant formula is sold under the Kabrita brand. Ausnutria also functions as an original equipment manufacturer (OEM) for formula milk powder products. Beyond dairy, it manufactures and distributes various nutrition products, develops and sells probiotic items, and offers financing solutions. Its global footprint spans the People's Republic of China, the European Union, Southeast Asia, Australia, New Zealand, the Middle East, North and South America, and other international markets. Established in 2003, Ausnutria Dairy Corporation Ltd is headquartered in Sheung Wan, Hong Kong, and operates as a subsidiary of HongKong Jingang Trade Holding Company Limited.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
HK
CEO
Zhijian Ren
Listed since
Oct 8, 2009
Employees
3,095

Market position

Volume
178K
0.8× average
Average volume
222.06K
Average daily volume
Market cap
2.28B HKD
Beta
0.29
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
11.14×
P/B (TTM)
0.32×
P/S (TTM)
0.27×
Dividend yield
3.89%

Profitability & efficiency

Gross margin
38.64%
Operating margin
2.87%
Net margin
2.37%

Financial health

Debt / equity
0.43×
Altman Z-score
2.53
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends53%35%16%-2%Gross margin, FY2021: 48.43%Gross margin, FY2022: 43.52%Gross margin, FY2023: 38.64%Gross margin, FY2024: 41.98%Gross margin, FY2025: 38.64%Operating margin, FY2021: 11.11%Operating margin, FY2022: 3.52%Operating margin, FY2023: 3.82%Operating margin, FY2024: 5.16%Operating margin, FY2025: 2.28%Net margin, FY2021: 8.91%Net margin, FY2022: 2.78%Net margin, FY2023: 2.36%Net margin, FY2024: 3.19%Net margin, FY2025: 2.37%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 48.43%. Gross margin FY2022 43.52%. Gross margin FY2023 38.64%. Gross margin FY2024 41.98%. Gross margin FY2025 38.64%. Operating margin FY2021 11.11%. Operating margin FY2022 3.52%. Operating margin FY2023 3.82%. Operating margin FY2024 5.16%. Operating margin FY2025 2.28%. Net margin FY2021 8.91%. Net margin FY2022 2.78%. Net margin FY2023 2.36%. Net margin FY2024 3.19%. Net margin FY2025 2.37%.

Income trends

Revenue

7.49B CNY+1.16%

Operating income

170.44M CNY-55.35%

Net income

177.51M CNY-24.78%
Income trends across reported periods9.42B CNY6.05B CNY2.69B CNY−670.03M CNYRevenue, FY2021: 8.58B CNYRevenue, FY2022: 7.8B CNYRevenue, FY2023: 7.38B CNYRevenue, FY2024: 7.4B CNYRevenue, FY2025: 7.49B CNYOperating income, FY2021: 953.1M CNYOperating income, FY2022: 274.67M CNYOperating income, FY2023: 281.68M CNYOperating income, FY2024: 381.71M CNYOperating income, FY2025: 170.44M CNYNet income, FY2021: 763.79M CNYNet income, FY2022: 216.53M CNYNet income, FY2023: 174.39M CNYNet income, FY2024: 235.98M CNYNet income, FY2025: 177.51M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 8.58B CNY. Revenue FY2022 7.8B CNY. Revenue FY2023 7.38B CNY. Revenue FY2024 7.4B CNY. Revenue FY2025 7.49B CNY. Operating income FY2021 953.1M CNY. Operating income FY2022 274.67M CNY. Operating income FY2023 281.68M CNY. Operating income FY2024 381.71M CNY. Operating income FY2025 170.44M CNY. Net income FY2021 763.79M CNY. Net income FY2022 216.53M CNY. Net income FY2023 174.39M CNY. Net income FY2024 235.98M CNY. Net income FY2025 177.51M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue7.49B CNY7.4B CNY7.38B CNY7.8B CNY8.58B CNY
Cost of goods sold4.59B CNY4.29B CNY4.53B CNY4.4B CNY4.4B CNY
Gross profit2.89B CNY3.11B CNY2.85B CNY3.39B CNY4.15B CNY
Research and development105.41M CNY125.45M CNY132.03M CNY197.1M CNY193.16M CNY
Selling, general, and administrative2.57B CNY2.63B CNY2.44B CNY2.77B CNY2.93B CNY
Operating expenses2.72B CNY2.73B CNY2.57B CNY3.12B CNY3.2B CNY
Interest income37.83M CNY37.44M CNY35.71M CNY38.19M CNY28.1M CNY
Interest expense44.98M CNY51.64M CNY50.92M CNY21.75M CNY18.85M CNY
Depreciation and amortization281.32M CNY281.1M CNY250.67M CNY256.47M CNY277.05M CNY
Operating income170.44M CNY381.71M CNY281.68M CNY274.67M CNY953.1M CNY
Net income177.51M CNY235.98M CNY174.39M CNY216.53M CNY763.79M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 4 misses, 0 met estimates
Average EPS surprise
-85.68%
4 comparable reports
Latest EPS result
0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.510.320.14-0.05Q3 '22MissQ1 '23MissQ3 '23No estimateQ1 '24MissQ3 '24No estimateQ2 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 29, 2022: actual 0.134, estimate 0.469, surprise -71.38%, Miss. Q1 2023, reported Mar 31, 2023: actual 0.007, estimate 0.374, surprise -98.16%, Miss. Q3 2023, reported Aug 26, 2023: actual 0.111, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual -0.006, estimate 0.121, surprise -105.21%, Miss. Q3 2024, reported Aug 27, 2024: actual 0.088, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 10, 2025: actual 0.054, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 0.111, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual 0.054, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates10.31B7.98B5.65B3.32BQ1 '23MissQ3 '23No estimateQ1 '24MissQ3 '24No estimateQ2 '25No estimateQ3 '25No estimateQ1 '26MissQ3 '26Estimate
Q1 2023, reported Mar 31, 2023: actual 4.73B HKD, estimate 9.83B HKD, surprise -51.92%, Miss. Q3 2023, reported Aug 26, 2023: actual 3.8B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 4.28B HKD, estimate 8.48B HKD, surprise -49.50%, Miss. Q3 2024, reported Aug 27, 2024: actual 3.95B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 10, 2025: actual 3.96B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 4.26B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual 4.01B HKD, estimate 5.95B HKD, surprise -32.70%, Miss. Q3 2026, reported Aug 26, 2026: actual —, estimate 6.18B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.06

2025 complete year-77.8% since 2021

2026 partial: HK$0.05

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 2, 2026

HK$0.05

Annual

Record Jun 4, 2026 · Payment Jun 25, 2026

Dividend

Ex-dividend Jun 3, 2025

HK$0.06

Annual

Record Jun 5, 2025 · Payment Jun 25, 2025

Dividend

Ex-dividend Jun 4, 2024

HK$0.05

Annual

Record Jun 5, 2024 · Payment Jun 25, 2024

Dividend

Ex-dividend Jun 1, 2023

HK$0.06

Annual

Record Jun 2, 2023 · Payment Jun 28, 2023

Dividend

Ex-dividend May 30, 2022

HK$0.56

Annual

Record May 31, 2022 · Payment Jun 23, 2022

Dividend

Ex-dividend Jun 4, 2021

HK$0.27

Annual

Record Jun 7, 2021 · Payment Jun 24, 2021

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