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 $223.18 million
P/E Ratio 22.08
Dividend Yield 0.00%
Shares Outstanding 603.20 million
Earnings per share -0.833
Dividend per share N/A
Year To Date Return -59.89%
Earnings Yield 4.53%
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as at 24 Feb 3:44pm

  • Synlait Milk Ltd (ASX: SM1)
    Latest News

    sad milk drinker, infant formula share price drop, fall, decrease
    Consumer Staples & Discretionary Shares

    Why is the A2 Milk share price sinking on Wednesday?

    Is this weighing on the former market darling's stock today?

    Read more »

    A man in a business suit holds a mobile phone to his ear while he drinks a large glass of milk.
    Consumer Staples & Discretionary Shares

    The market has soured 20% on the A2 Milk share price. Is it a turnaround buy?

    Could this former ASX darling be a contrarian opportunity?

    Read more »

    Falling ASX share price represented by young male investor sitting sadly in front of a laptop.
    Consumer Staples & Discretionary Shares

    Why did this ASX All Ords stock just crash 23%?

    What is the news that has sent this company's share price into a dive?

    Read more »

    A woman with a sad face looks to be receiving bad news on her phone as she holds it in her hands and looks down at it.
    Share Fallers

    Why A2 Milk, Mesoblast, Mineral Resources, and Synlait shares are sinking

    These ASX shares are likely to wish that the market had stayed closed for another day.

    Read more »

    A man stands with arms crossed in front of a giant shadow of a body builder representing ASX small-cap stocks.
    Small Cap Shares

    2 small-cap ASX shares this fund manager is excited about

    These small caps could produce large returns for investors.

    Read more »

    a woman holds her hands to her temples as she sits in front of a computer screen with a concerned look on her face.
    Share Fallers

    Why Atlas Arteria, Kingsgate, Kogan, and Synlait Milk shares are dropping today

    These ASX shares are taking a tumble on Tuesday despite the market rebounding.

    Read more »

    A young man clasps his hand to his head with his eyes closed and a pained expression on his face as he clasps a laptop computer in front of him, seemingly learning of bad news or a poor investment.
    Share Fallers

    Why Lake Resources, Latitude, Synlait, and Woodside shares are falling today

    These ASX shares are having a tough start to the week.

    Read more »

    A man holds his head in his hands, despairing at the bad result he's reading on his computer.
    Earnings Results

    Guess which ASX All Ords stock is plummeting following an 80% profit dive

    This company has reported a material decline in profits after a tough half.

    Read more »

    A woman with a sad face looks to be receiving bad news on her phone as she holds it in her hands and looks down at it.
    Share Fallers

    Why Adairs, Liontown, Qantas, and Synlait shares are dropping today

    These ASX shares are starting the week in the red.

    Read more »

    A young woman holds an open book over her head with a round mouthed expression as if to say oops as she looks at her computer screen in a home office setting with a plant on the desk and shelves of books in the background.
    Share Fallers

    Why Carsales, Evolution, Kelsian, and Synlait shares are dropping

    These ASX shares are ending the week on a disappointing note.

    Read more »

    A worried man holds his head and look at his computer.
    Share Fallers

    Why 29Metals, BWX, Readytech, and Synlait shares are dropping

    These ASX shares are having difficult days...

    Read more »

    A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
    Share Fallers

    Why Core Lithium, Ramsay, Synlait Milk, and Virgin Money shares are dropping

    These ASX shares are dropping on Tuesday...

    Read more »

    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Synlait Milk Ltd

    Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its relatedproducts, liquid milk, cheese, and butter. Its segment are Synlait and Dairyworks, out of which it derives maximum revenue from Synlait segment.

    SM1 Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    22 Nov 2024 $0.37 $0.02 5.63% 40,911 $0.36 $0.37 $0.36
    21 Nov 2024 $0.36 $-0.01 -2.74% 48,114 $0.37 $0.37 $0.36
    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

    Directors & Management Data provided by Morningstar.

    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.
    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.
    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.
    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.
    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.
    Ms Yi Zhu(Julia) Non-Executive Director Jun 2023
    Ms Zhu is risk committee member.
    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.
    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.

    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%

    Profile

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