China Feihe Ltd Ordinary Shares
06186: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HKD 9.50 | Hdjbjs | Spsbscdn |
Feihe To Improve Distribution Efficiencies and Maintain Retail Pricing Amid Shrinking Market Size
Business Strategy and Outlook
Feihe strives to be a topnotch domestic infant milk formula, or IMF, producer in China. It has been able to price its products at a premium comparable with imported products, and is marketed as tailored for Chinese babies. The company has invested considerably in building out its sales network in maternity stores across China, as the category is mainly sold through this channel. Feihe possesses a scalable distributing and retail outlet network in the country.