Synlait Milk Ltd

  • IPO date:
  • Sector: Consumer Defensive
  • GIC Group: Food, Beverage & Tobacco
  • Industry: Packaged Foods
  • Company website

Company description

Synlait Milk Limited, together with its subsidiaries, manufactures and sells dairy products in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally. It operates through Synlait and Dairyworks segments. The company is also involved in the processing, packaging, and marketing of dairy products, including cheese, butter, and milk powder. It offers liquid milk; milk powder related products; nutritional products, such as infant and adult nutritional powders; ingredients comprising whole milk powders, skim milk powders, butter milk powders, and anhydrous milk fat; and specialized nutritional ingredients, such as lactoferrin. Synlait Milk Limited was incorporated in 2005 and is headquartered in Rakaia, New Zealand.

Financial highlights

Market Capitalization$284.1562 million
P/E Ratio0
P/E Growth Ratio
Book Value3.616
Dividend Per Share0
Earnings Per Share-0.06
EBITDA54,548
Profit Margin-0.0032
Operating Margin TTM0.0061
Return on Assets TTM0.0031
Return on Equity TTM-0.0184
Revenue TTM1,320,758.016

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2013-07-31 420,010 345,896 74,114 47,422
2014-07-31 600,518 514,024 86,494 54,120
2015-07-31 448,136 365,061 83,075 57,379
2016-07-31 546,866 426,890 119,976 58,309
2017-07-31 758,994 628,526 130,468 64,811
2018-07-31 879,001 690,179 188,822 76,593
2019-07-31 1,024,305 813,687 210,618 86,428
2020-07-31 1,302,025 1,059,441 242,584 118,169
2021-07-31 1,367,349 1,300,042 67,307 97,784
2022-07-31 1,660,601 1,466,865 193,736 139,214
2023-07-31 1,320,758 1,161,789 158,969 165,836

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2013-07-31 2,365 346,067 182,029 80,003 172,548
2014-07-31 2,393 476,886 293,756 63,113 91,376 172,247
2015-07-31 1,529 579,782 407,936 85,646 177,921 172,247
2016-07-31 2,045 590,456 333,613 46,546 168,908 172,247
2017-07-31 73,827 753,625 360,541 72,448 83,637 268,074
2018-07-31 32,129 793,681 368,937 49,321 97,065 268,074
2019-07-31 16,007 1,148,004 655,645 99,626 249,482 268,074
2020-07-31 5,887 1,492,266 885,782 107,259 426,754 268,544
2021-07-31 16,020 1,618,150 851,036 36,576 459,584 464,774
2022-07-31 14,493 1,575,977 827,581 63,186 295,592 464,774
2023-07-31 9,290 1,685,610 895,236 248,927 178,998 464,774

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2013-07-31 11,528 -13,788 1,699 666 2,365
2014-07-31 19,603 58,675 28 2,365 2,393
2015-07-31 10,552 16,376 -864 2,393 1,529
2016-07-31 34,383 104,420 516 1,529 2,045
2017-07-31 38,223 115,175 71,782 2,045 73,827 0
2018-07-31 74,553 98,390 -41,698 73,827 32,129
2019-07-31 82,239 136,555 -16,122 32,129 16,007
2020-07-31 75,208 105,540 -10,120 16,007 5,887
2021-07-31 -28,451 15,868 10,133 5,887 16,020
2022-07-31 38,523 95,595 -1,527 16,020 14,493
2023-07-31 -4,292 38,056 -5,203 14,493 9,290