Morningstar sees CNY 33.60 fair value for Yili stock
Published on 10/14/2026 at 10:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst valuation and earnings trends
- Morningstar published a CNY 33.60 fair value estimate for Yili on October 2, 2026.
- Second-quarter revenue reached CNY 29.665 billion, up 2.59 percent year over year, while net profit fell 84.35 percent.
- Yili stock costs CNY 28.13 on the Shanghai Stock Exchange on October 14, 2026 at 3:00 p.m. CST, up 1.30 percent on the day.
- Yili trades at a P/E ratio of 17.61 and has a market capitalization of CNY 177.9 billion.
Morningstar sees a fair value of CNY 33.60 for Yili stock, compared with CNY 28.13 on the Shanghai Stock Exchange, putting the estimate 19.44 percent above the latest price. The research firm published its assessment on October 2, 2026, and identified Yili as its preferred pick among China's two largest dairy processors, according to Morningstar.
Second-quarter revenue grows
Yili reported total operating revenue of CNY 29.665 billion in the second quarter of 2026, an increase of 2.59 percent from the same period a year earlier. Net profit attributable to shareholders was CNY 364.00 million, down 84.35 percent year over year, while profit after deducting non-recurring items fell 88.82 percent to CNY 267.00 million, according to Futunn on September 27, 2026.
Stock stays below yearly high
The Shanghai-listed dairy group traded at CNY 28.13 on October 14, 2026 at 3:00 p.m. CST. The price was up 1.30 percent on the day, while the 52-week range stood at CNY 23.76 to CNY 29.78, leaving the stock 5.54 percent below its yearly high.
The market capitalization was CNY 177.9 billion on October 14, 2026. The latest quote showed a P/E ratio of 17.61 and a dividend yield of 0.05 percent, giving the Morningstar valuation a clear numerical anchor rather than a stand-alone target.
Comparison with peers
Yili (Shanghai Stock Exchange, CNY): plus 1.30 percent, P/E 17.61, market capitalization CNY 177.9 billion
China Mengniu (HKEX, HKD): plus 3.58 percent, P/E 33.41, market capitalization HKD 72.8 billion
China Feihe (HKEX, HKD): plus 1.19 percent, P/E 11.09, market capitalization HKD 22.4 billion
Price and valuation in view
For investors, the key contrast is the gap between Yili's latest earnings pressure and the CNY 33.60 fair value estimate. Revenue still increased in the second quarter, but the 84.35 percent decline in attributable net profit keeps operating performance central to the valuation discussion.
Yili's stock traded at CNY 28.13 on the Shanghai Stock Exchange on October 14, 2026 at 3:00 p.m. CST, up 1.30 percent on the day. The further course of trading is shown by the continuously updated market quote of Yili stock.
Yili stock at a glance
- Company: Inner Mongolia Yili Industrial Group Co., Ltd.
- ISIN: CNE000000JP5
- Ticker: 600887
- Primary exchange: Shanghai Stock Exchange
- Price Shanghai Stock Exchange as of October 14, 2026, 3:00 p.m. CST: CNY 28.13
- Change on the day: plus 1.30 percent
- Market capitalization: CNY 177.9 billion as of October 14, 2026
- 52-week range: CNY 23.76-CNY 29.78 as of October 14, 2026
- Sector / Industry: Consumer Defensive / Packaged Foods
Market context: Market report Shanghai Composite.
