Synlait Milk Ltd (ASX: SM1) Share Price and News
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Synlait Milk Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$220.17 million
P/E Ratio
22.08
Dividend Yield
0.00%
Shares Outstanding
218.58 million
Earnings per share
-0.407
Dividend per share
N/A
Year To Date Return
-57.63%
Earnings Yield
4.53%
Franking
-
Share Price
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52 Week Range
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Yesterday's Close
Today's Open
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Synlait Milk Ltd (ASX: SM1)
Latest News
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Consumer Staples & Discretionary Shares
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SM1 ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Synlait Milk Ltd
Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and unique operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. The company's success is largely due to its core infant nutrition business. Some of its key products include infant nutritional powders, whole milk powders, skim milk powders, anhydrous milk fat, and lactoferrin. The company is largely export-focused with China as its largest export market. The acquisition of two cheese companies resulted in an instant increase in the cheese segment and a more diversified earnings base.
SM1 Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 20 Nov 2024 | $0.37 | $0.00 | 0.00% | 159,894 | $0.36 | $0.39 | $0.36 |
| 19 Nov 2024 | $0.37 | $0.01 | 2.78% | 3,338 | $0.37 | $0.37 | $0.36 |
| 18 Nov 2024 | $0.36 | $-0.01 | -2.74% | 5,581 | $0.37 | $0.37 | $0.36 |
| 15 Nov 2024 | $0.37 | $0.01 | 2.78% | 5,985 | $0.36 | $0.37 | $0.36 |
| 14 Nov 2024 | $0.36 | $0.01 | 2.82% | 18,635 | $0.35 | $0.36 | $0.35 |
| 13 Nov 2024 | $0.36 | $-0.01 | -2.74% | 95,225 | $0.36 | $0.37 | $0.35 |
| 12 Nov 2024 | $0.37 | $0.00 | 0.00% | 1,814 | $0.36 | $0.37 | $0.36 |
| 11 Nov 2024 | $0.37 | $-0.01 | -2.70% | 20,654 | $0.37 | $0.37 | $0.37 |
| 08 Nov 2024 | $0.37 | $0.01 | 2.74% | 1,332 | $0.37 | $0.37 | $0.37 |
| 07 Nov 2024 | $0.37 | $-0.01 | -2.70% | 4,742 | $0.37 | $0.37 | $0.37 |
| 06 Nov 2024 | $0.37 | $0.00 | 0.00% | 100 | $0.37 | $0.37 | $0.37 |
| 05 Nov 2024 | $0.37 | $0.01 | 2.78% | 3,746 | $0.37 | $0.37 | $0.37 |
| 04 Nov 2024 | $0.36 | $0.02 | 5.88% | 5,676 | $0.36 | $0.37 | $0.36 |
| 31 Oct 2024 | $0.34 | $-0.02 | -5.56% | 34,419 | $0.37 | $0.37 | $0.34 |
| 30 Oct 2024 | $0.36 | $-0.01 | -2.70% | 29,574 | $0.36 | $0.37 | $0.36 |
| 29 Oct 2024 | $0.37 | $0.00 | 0.00% | 1,746 | $0.37 | $0.38 | $0.37 |
| 28 Oct 2024 | $0.37 | $0.01 | 2.78% | 7,884 | $0.37 | $0.37 | $0.37 |
| 25 Oct 2024 | $0.36 | $-0.02 | -5.26% | 15,183 | $0.38 | $0.38 | $0.36 |
| 24 Oct 2024 | $0.38 | $0.02 | 5.56% | 5,339 | $0.37 | $0.38 | $0.37 |
| 23 Oct 2024 | $0.36 | $-0.01 | -2.70% | 13,977 | $0.37 | $0.37 | $0.36 |
| 22 Oct 2024 | $0.37 | $0.00 | 0.00% | 18,669 | $0.37 | $0.37 | $0.37 |
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Hon Ruth Richardson | Non-Executive Director | Nov 2009 |
uth specialises in agribusiness, commercialising innovation and finance. She was was the Member of Parliament for Selwyn (Synlait's local electorate) from 1981 to 1984 and later New Zealand's Minister of Finance from 1990 to 1993.
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| Mr Sihang Yang | Non-Executive Director | Nov 2010 |
Mr Yang has over 20 years of industry experience, he is Bright Dairy and Food Co.'s director of strategy and research and a director of several Bright Dairy subsidiaries. He is People, Environment & Governance Committee Member and Nominations Sub Committee Member.
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| Mr George Adams | Non-Executive DirectorNon-Executive Chairman | Mar 2024 |
Mr Adams has commercial and governance experience with 30 years of international business experience in the fast-moving consumer goods and telecommunications industries and an occupational health and safety background. Before focussing on governance, George held a range of executive leadership positions. He was, Managing Director of Coca-Cola Amatil New Zealand and CFO of British Telecom Northern Ireland. George's governance highlights include being Chair of Bell Tea & Coffee, Chair of the New Zealand Food and Grocery Council and a Director of Hellers Group and Tegel Food. Today, George is Chair of the Business Leaders Health & Safety Forum. He is risk committee member and Nominations Sub Committee Member.
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| Mr Tao Zhang | Non-Executive Director | Feb 2024 |
Mr Zhang is a has held leadership finance roles at several companies, including the Manager of Shanghai Donghua Accounting Firm, the General Manager of Financial Department of Pengxin International Mining, the Financial Director of Shanghai Pengpo New Energy Development, and the Financial Director of InterChina Water Treatmen. He is risk committee member.
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| Mr Paul McGilvary | Non-Executive Director | Jan 2022 |
Mr McGilvary has dairy sector experience and is currently Deputy Chair of AsureQualit. He is People, Environment & Governance Committee Chair and Risk Committee Member and Nominations Sub Committee Member.
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| Ms Yi Zhu(Julia) | Non-Executive Director | Jun 2023 |
Ms Zhu is risk committee member.
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| Mr Leon Fung | Non-Executive Director | Jun 2024 |
Mr Fung is currently CEO of NIG Nutritionals Limited, a privately owned business in food supplements and goat milk, and is resident in Auckland, New Zealand. Leon has over 20 years of experience in multi-national companies in the dairy and food segment. Leon previously led the Danone Nutricia NZ team and held executive roles in Winston Nutritionals, Yashili New Zealand, and Anhydro China (which is now part of SPX Flow Technology). He also worked for Tetra Pak China and the New Zealand Dairy Board in his early career. He is on the executive committee of the New Zealand China Trade Association. He is People, Environment & Governance Committee Member.
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| Ms Deborah Marris | Company Secretary |
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| Mr Tim Carter | Acting CEO | Oct 2024 |
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| Tim Carter | Acting CEO |
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| Rob Stowell | Chief Commercial Officer |
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| Grant Watson | Chief Executive Officer |
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| Andy Liu | Chief Financial Officer |
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| Paul Mallard | Chief Operating Officer |
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| Naiche Nogueira | Chief Revenue Officer |
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| Deborah Marris | Company Secretary |
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| Cathy Gamlen | Director of People and Culture |
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| Charles Fergusson | Director On-Farm Excellence Business Sustainability and Corporate Affairs |
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| Abby Ye | President China and Director of Foodservice |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Bright Dairy Holding Limited | 85,266,605 | 39.00% |
| The a2 Milk Company Limited | 43,352,509 | 19.80% |
| Chester Asset Management Pty Ltd. | 9,520,000 | 4.40% |
| Accident Compensation Corporation | 6,139,875 | 2.80% |
| John Penno | 5,109,803 | 2.30% |
| XSTAR Fund Management | 3,980,000 | 1.80% |
| New Zealand Funds Management Ltd. | 2,155,587 | 1.00% |
| L S Keeper | 1,975,000 | 0.90% |
| Paul & Bronwyn Lancaster | 1,055,623 | 0.50% |
| First NZ Capital Custodians Limited (Various Private Investors) | 923,178 | 0.40% |
| Therese Roche | 900,000 | 0.40% |
| The Vanguard Group, Inc. | 878,014 | 0.40% |
| Philip Lennon | 800,000 | 0.40% |
| Clarity Funds Management Limited | 700,000 | 0.30% |
| Octagon Asset Management Limited | 670,226 | 0.30% |
| New Hope Dairy (HongKong) Trading Co Ltd | 655,395 | 0.30% |
| Hieu Nguyen | 600,000 | 0.30% |
| Horo Holdings Limited | 530,000 | 0.20% |
| Rangatira Trust | 513,038 | 0.20% |
| Rita Dressler | 500,000 | 0.20% |
