YILI(SH:600887) Qi Lu Wan Bao Wang·2025-09-26 11:29Core Insights - Rabobank's 2025 Global Dairy Top 20 list ranks Yili Group as one of the top five dairy companies globally, maintaining its position as the leading dairy company in Asia for 12 consecutive years, and the only Chinese company in the top five [1][2] Financial Performance - Yili Group achieved a total revenue of 115.78 billion yuan (approximately 16.1 billion USD) in 2024, solidifying its status as Asia's top dairy company [2] - The company's net profit, after excluding goodwill impairment, reached 11.54 billion yuan (approximately 1.6 billion USD), reflecting a year-on-year growth of 12.2% [2] Market Position - Yili Group holds the largest market share in the liquid milk segment and ranks first in overall milk powder sales in China, while also being a leader in the national cold drink industry [2] Strategic Initiatives - In 2025, Yili Group is focusing on two strategic areas: functional nutrition and deep processing of dairy products, aiming to capture high-value segments of the industry [3] - A comprehensive strategic partnership with Tongrentang aims to integrate traditional Chinese medicine concepts with dairy products, creating a new category of health-oriented dairy offerings [3] - The launch of a cheese manufacturing base will address the domestic production of cheese and reduce reliance on imported raw materials [3] Innovation and Future Growth - Yili Group is exploring new channels and service innovations, transitioning from merely selling products to providing comprehensive health solutions across various consumer touchpoints [3] - The global dairy industry has seen moderate revenue growth, prompting companies to adjust their strategies, with Yili Group's expansion into new fields and vertical integration expected to drive high-quality development in the dairy sector [3]