China ZhongDi Dairy Revenue, Valuation, Funding & Investors

China ZhongDi Dairy is valued at $1.9B as of March 2022, a 1.5x multiple on its last reported $1.3B revenue.

Last China ZhongDi Dairy valuation

$1.9B

Secondary · Mar 2022

China ZhongDi Dairy revenue

$1.3B

Secondary · Mar 2022

Key investors in China ZhongDi Dairy

  • China Youran Dairy Group

China ZhongDi Dairy Overview

About China ZhongDi Dairy

China ZhongDi Dairy is a Hong Kong-listed company operating in import trading and dairy farming segments. Its import trading division handles cows, feeds, and agency services for international suppliers. The dairy farming unit breeds dairy cows, produces raw milk, and sells reproduced heifers. Headquartered in China, it supplies milk products to domestic markets through integrated production and trading operations.


Founded

2002

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Revenue

$1.3B (Mar 2022)

Valuation

$1.9B (Mar 2022)

China ZhongDi Dairy Valuation

China ZhongDi Dairy is currently valued at $1.9B, based on its secondary sale in March 2022.

The $154M round was led by China Youran Dairy Group.

China ZhongDi Dairy valuation by funding round

China ZhongDi Dairy valuation by funding round
DateStageValuationRevenue Multiple
Mar 2022Secondary$1.9B1.5x

China ZhongDi Dairy Revenue

China ZhongDi Dairy's latest recorded revenue is $1.3B, as of its secondary sale in March 2022. At a $1.9B valuation, that implies a 1.5x revenue multiple.

China ZhongDi Dairy revenue by funding round

China ZhongDi Dairy revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Mar 2022$1.3B$1.9B1.5xSecondary

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

China ZhongDi Dairy Funding History

China ZhongDi Dairy has 1 recorded secondary share sale and no primary funding rounds.

China ZhongDi Dairy funding rounds

China ZhongDi Dairy funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2022SecondaryChina Youran Dairy Group (lead)$154M$1.9BChina ZhongDi Dairy Holdings Company Limited is a dairy producer in China. On March 31, 2022, China Youran Dairy Group Limited completed the acquisition of a 27.16% stake in China ZhongDi Dairy Holdings from YeGu Investment Company Limited for approximately CNY 970 million (approximately HK$1.7 per share), implying a company valuation of approximately CNY 3.57 billion. Based on the 27.16% stake price, China ZhongDi Dairy was valued at approximately 1.47x its 2021 revenue and 6.46x its 2021 EBITDA. As of December 31, 2021, China ZhongDi Dairy reported total revenues of CNY 2.43 billion, net income of CNY 133 million, and EBITDA of CNY 553 million. The company had demonstrated strong financial growth prior to the transaction, with revenue increasing approximately 28.5% from 2020 to 2021 and EBITDA increasing approximately 10.9% year-over-year.

Who has invested in China ZhongDi Dairy?

1 investor has backed China ZhongDi Dairy across its funding rounds, including China Youran Dairy Group.

Lead investors include China Youran Dairy Group.


China ZhongDi Dairy Investors

Investors in China ZhongDi Dairy by funding rounds participated
InvestorHQRoundsRoleFirst check

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China ZhongDi Dairy Competitors

China ZhongDi Dairy competitors include listed companies like Olam Group and Genus, and private ones like Apeel Sciences, Bowery Farming, Fruitist and Plenty.

Public and private companies comparable to China ZhongDi Dairy
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Apeel SciencesUnited StatesSanta Barbara, CAPrivate--$2B-
Bowery FarmingUnited StatesNew York City, NYPrivate--$2.3B-
Olam GroupSingaporeSingaporePublicly listed$23B$1.6B$3B0.5x
FruitistUnited StatesLos Angeles, CAPrivate--$1B-
PlentyUnited StatesSan Francisco, CAPrivate--$1.9B-
GenusUnited KingdomUnited KingdomPublicly listed$903M$122M$1.9B2.2x

China ZhongDi Dairy Public Comps

China ZhongDi Dairy is still privately-owned, but its public comps include Genus, Mayora Indah, Monde Nissin, Ezaki Glico Co, Universal Robina, COSUMAR, Biomar Group, Thai President Foods, Cisarua Mountain Dairy and Austevoll Seafood.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Genus$903M$122M2.2x2.2x16.4x11.3x
Mayora Indah$2.2B$295M0.8x0.8x6.2x6.1x
Monde Nissin$1.4B$230M1.3x1.2x7.7x7.3x
Ezaki Glico Co$2.3B$174M0.7x0.7x9.3x8.2x
Universal Robina$2.7B$328M0.8x0.8x6.7x5.9x
COSUMAR$1.5B$161M1.2x1.6x11.6x10.5x
Biomar Group$2.5B$218M1.0x0.9x11.2x9.7x
Thai President Foods$830M$187M1.9x-8.4x-

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Common questions about China ZhongDi Dairy

When was China ZhongDi Dairy founded?China ZhongDi Dairy was founded in 2002.
Where is China ZhongDi Dairy headquartered?China ZhongDi Dairy is headquartered in Beijing, China.
Is China ZhongDi Dairy publicly listed?No, China ZhongDi Dairy is a private, VC-backed company.
What is China ZhongDi Dairy's valuation?China ZhongDi Dairy was last valued at $1.9B in its secondary sale in March 2022.
Who are China ZhongDi Dairy's investors?China ZhongDi Dairy's investors include China Youran Dairy Group.
What is China ZhongDi Dairy's revenue?China ZhongDi Dairy's latest recorded revenue is $1.3B (March 2022).
What is China ZhongDi Dairy's revenue multiple?China ZhongDi Dairy's latest valuation implies a 1.5x revenue multiple ($1.9B valuation on $1.3B of revenue).
Which companies are comparable to China ZhongDi Dairy?Companies comparable to China ZhongDi Dairy include Apeel Sciences, Bowery Farming, Olam Group, Fruitist, Plenty and Genus.

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