Analysis Report On Investment Value Of Inner Mongolia Yili Industrial Group Co., Ltd.

Dairy industry is a fundamental industry with long-term lifecycle. Dairy industry in China has been developing rapidly these years and become the most active part of food industry. NMYILI (stock symbol: 600887) is one of the leading companies in China's dairy industry and its financial performance can be used as a benchmark of this industry. This report gives a comprehensive analysis of NMYILI's investment value, comparing with other two dairy corporations: GUANGMING and SANYUAN.Firstly, this report researches its production and operations management, especially products structure, marketing tactics, logistics system, and RD system. Then this report focus on financial analyses on the annual reports of NMYILI from 1998 to 2003, including accounting policies analysis, sales structure analysis, profitability analysis, assets operation analysis, liabilities analysis, Du Pont analysis, cash flow analysis, etc. In the end, based on the developing tendency of dairy industry and the expanding strategy of NMYILI, this report forecasts NMYILI's future financial statements, evaluates its market value and investment risks.