Business Description

Inner Mongolia Yili Industrial Group Co., Ltd. is involved in the marketing,  production, and sale of other health drinks and all types of dairy products. The company was established in China on June 4, 1993. Its headquarters are located in Hohhot. Its products include milk powders, frozen drinks, milk drinks,  and yogurt. Six business groups make up the company’s product and service series. These include cold drinks, yogurt, liquid milk, powder, health drinks, and cheese.

Key Financials

Revenue (US$ Mn)

• US$ 16,377 Mn was the annual revenue generated by Inner Mongolia Yili Industrial Group Co., Ltd. in 2021
• Inner Mongolia Yili Industrial Group Co., Ltd.’s annual revenue for 2020 was US$ 14,348 Mn, a 7.43% increase from 2019
• From 2018’s annual revenues, Inner Mongolia Yili Industrial Group Co., Ltd. registered an 8.24% increase in 2019, amounting to US$ 13,356 Mn
• Total revenue of US$ 12,339 Mn was generated in 2018 by Inner Mongolia Yili Industrial Group Co., Ltd.

Operating Income (US$ Mn)

• Inner Mongolia Yili Industrial Group Co., Ltd.’s operating income for 2021 was US$ 1,515 Mn, a 19.55% increase from the 2020
• The operating income generated by Inner Mongolia Yili Industrial Group Co., Ltd. in 2020 was US$ 1,267 Mn
• At a 13.6% increase from , Inner Mongolia Yili Industrial Group Co., Ltd.’s operating income of US$ 1,226 Mn was indexed in 2019
• Inner Mongolia Yili Industrial Group Co., Ltd. generated an operating income of US$ 1,079 Mn in 2018

Net Income (US$ Mn)

• US$ 1,289 Mn was the net income generated by Inner Mongolia Yili Industrial Group Co., Ltd. in 2021
• Inner Mongolia Yili Industrial Group Co., Ltd.’s net income for 2020 was US$ 1,048 Mn, a 2.07% increase from 2019
• From 2018’s net incomes, Inner Mongolia Yili Industrial Group Co., Ltd. registered a 2.04% increase in 2019, amounting to US$ 1,027 Mn
• A net income of US$ 1,006 Mn was generated in 2018 by Inner Mongolia Yili Industrial Group Co., Ltd.

Operating Margin %

• Inner Mongolia Yili Industrial Group Co., Ltd.’s operating margin for 2021 was 9%, a 4.55% increase from 2020
• The operating margin generated by Inner Mongolia Yili Industrial Group Co., Ltd. in 2020 was 9%
• At an 8.05% increase from , Inner Mongolia Yili Industrial Group Co., Ltd.’s operating margin of 9% was indexed in 2019
• Inner Mongolia Yili Industrial Group Co., Ltd. generated an operating margin of 9% in 2018

Gross Margin %

• 31% was the gross margin generated by Inner Mongolia Yili Industrial Group Co., Ltd. in 2021
• Inner Mongolia Yili Industrial Group Co., Ltd.’s gross margin for 2020 was 30%, a -16.3% decrease from 2019
• From 2018’s gross margins, Inner Mongolia Yili Industrial Group Co., Ltd. registered a -4.23% decrease in 2019, amounting to 36%
• A gross margin of 38% was generated in 2018 by Inner Mongolia Yili Industrial Group Co., Ltd.

SWOT Analysis

Strengths

Safety and Quality

For its products, the company follows strict quality control measures. The company constantly reviews its supplies and performs statistical analyses and evaluations to determine the quality of its products. Its Leading Quality assurance 3210 strategy focuses on developing new and innovative methods to improve the quality of its products. It operates and manages 2,400 self-constructive, under-constructive and cooperative pastures that supply large-scale and concentrated-breeding pastures to produce 100% whole milk. This makes the company the number one producer in the Chinese dairy industry. SGS, LRQA, and Intertek certifications are also available to the company.

These certifications enhance the safety and quality of its products. These certifications allow the company to focus on quality and safety. The State Council, National & Local Joint Engineering Research Center for Deep Processing of Dairy Products and National Dairy Product Processing Technology Research and Development Subcenter, Secretariat for National Technical Committee on Cold Drinks of Standardization Administration, and National Milk Product Inspection and Research Office were all able to rate the company. Quality is not only a positive brand image for the company, but it also boosts consumers’ confidence.

Get this premium content

The Premium data is Locked

Buy Now to Unlock Premium Data

Request Sample Data