Inner Mongolia Yili Industrial Group Co Ltd Class A
600887: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %&Z | LOCK|^?s | LOCK|%hBkf^Cy |
Yili Earnings: Impairment Masks Resilient Sales and Improving Margins; Shares Undervalued
Yili's revenue grew 3% year on year in the second quarter, but net profit declined due to inventory write-offs and goodwill impairment related to Ausnutria, an infant formula producer acquired in 2022.
