China Mengniu Dairy Company Limited

CIADYOTCConsumer Defensive● Active

$20.85

+$0.75(+3.71%)

Market Cap$8.1B

P/E Ratio—

52W High$24.05

52W Low$17.81

Avg Volume6K

Open$20.84

Beta0.27

Overview

China Mengniu Dairy Company Limited (CIADY) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CIADY · free cash flow · updated Jun 8, 2026

Core FCF metrics

CIADY · FCF · TTM · margin & CAGR

Free cash flow was $6.30B for FY2025 (fiscal year ending 2025-12-31), up 29.7% year-over-year The FCF margin was 7.9%. Five-year CAGR stands at +46.5%.

FY2025 Free Cash Flow$6.30B▲ +29.7% YoY

Trailing 12M (TTM)$11.15Btrailing 4 quarters sum

FCF Margin7.9%$6.30B ÷ revenue

3-Year CAGR+24.4%FY2022 → FY2025

5-Year CAGR+46.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CIADY · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$8.75B(2.45B)$6.30B▲ +29.7%7.9%

FY2024$8.33B(3.48B)$4.86B▲ +15.2%5.5%

FY2023$8.35B(4.13B)$4.21B▲ +28.9%4.3%

FY2022$8.33B(5.06B)$3.27B▲ +146.8%3.5%

FY2021$7.54B(6.22B)$1.32B▲ +41.9%1.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CIADY · P/FCF · FCF yield · FCF per share

China Mengniu Dairy Company Limited (CIADY) trades at a FCF yield of 13.27% and a price-to-free-cash-flow ratio of 0.7x. FCF per share stands at $28.57, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

13.27%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$28.57

TTM FCF ÷ Shares Outstanding

Price / FCF

x0.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x9.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CIADY · cash flow statement · operating / investing / financing

For FY2025, China Mengniu Dairy Company Limited generated $8.75B in operating cash flow and spent 2.45B in capital expenditures, yielding $6.30B in free cash flow.

Operating Activities

+$8.75B

Cash from core business operations

2025-12-31

Investing Activities

+$3.34B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$11.71B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($8.75B) − |CapEx| (2.45B) = FCF ($6.30B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

CIADY vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

China Mengniu Dairy Company LimitedYOU

CIADY

$6.30B+29.7%7.9%

42%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

China Mengniu Dairy Company Limited (CIADY) reported free cash flow of $6.30B for FY2025 (fiscal year ending 2025-12-31), up 29.7% year-over-year. The FCF margin was 7.9%.

Based on available data, China Mengniu Dairy Company Limited has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $6.30B in FY2025. The 5-year CAGR stands at +46.5%.

China Mengniu Dairy Company Limited's FCF yield is 13.27% and price-to-FCF ratio is 0.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CIADY free cash flow · 8 questions

China Mengniu Dairy Company Limited free cash flow was $6.30B for FY2025, up 29.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $11.15B.

CIADY free cash flowCIADY FCFCIADY FCF 2025CIADY free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · China Mengniu Dairy Company Limited · China Mengniu Dairy Company Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026