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
$113.66 million
P/E Ratio
22.08
Dividend Yield
0.00%
Shares Outstanding
218.58 million
Earnings per share
0.070
Dividend per share
N/A
Year To Date Return
-41.24%
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)
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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 |
|---|---|---|---|---|---|---|---|
| 18 Apr 2024 | $0.52 | $0.01 | 1.94% | 139,319 | $0.52 | $0.52 | $0.49 |
| 17 Apr 2024 | $0.52 | $-0.01 | -1.90% | 112,489 | $0.52 | $0.52 | $0.51 |
| 16 Apr 2024 | $0.53 | $-0.02 | -3.69% | 2,640 | $0.55 | $0.55 | $0.53 |
| 15 Apr 2024 | $0.54 | $-0.01 | -1.80% | 42,838 | $0.55 | $0.55 | $0.54 |
| 12 Apr 2024 | $0.56 | $-0.01 | -1.79% | 126,112 | $0.57 | $0.57 | $0.54 |
| 11 Apr 2024 | $0.56 | $-0.02 | -3.45% | 85,072 | $0.56 | $0.56 | $0.56 |
| 10 Apr 2024 | $0.58 | $-0.02 | -3.36% | 43,883 | $0.59 | $0.59 | $0.57 |
| 09 Apr 2024 | $0.60 | $0.00 | 0.00% | 32,848 | $0.60 | $0.60 | $0.57 |
| 08 Apr 2024 | $0.60 | $0.03 | 5.31% | 19,573 | $0.57 | $0.60 | $0.57 |
| 05 Apr 2024 | $0.57 | $-0.03 | -5.08% | 67,389 | $0.58 | $0.60 | $0.57 |
| 04 Apr 2024 | $0.59 | $-0.03 | -4.88% | 101,822 | $0.62 | $0.64 | $0.59 |
| 03 Apr 2024 | $0.62 | $-0.05 | -7.52% | 182,240 | $0.67 | $0.67 | $0.61 |
| 02 Apr 2024 | $0.67 | $-0.01 | -1.48% | 104,765 | $0.68 | $0.68 | $0.64 |
| 26 Mar 2024 | $0.68 | $-0.01 | -1.46% | 9,945 | $0.68 | $0.69 | $0.68 |
| 25 Mar 2024 | $0.69 | $0.01 | 1.48% | 21,107 | $0.68 | $0.69 | $0.66 |
| 22 Mar 2024 | $0.68 | $0.01 | 1.49% | 26,132 | $0.67 | $0.68 | $0.66 |
| 21 Mar 2024 | $0.67 | $0.00 | 0.00% | 52,643 | $0.68 | $0.68 | $0.67 |
| 20 Mar 2024 | $0.67 | $-0.01 | -1.47% | 18,001 | $0.66 | $0.68 | $0.66 |
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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| Dr John William Penno | Non-Executive Director | Aug 2020 |
ohn co-founded the Synlait Group in 2000 and was a full-time executive for the Synlait Group from 2006 to 2018. As CEO of Synlait, John was responsible for setting the strategic direction of the company and supporting management to perform against the strategy. In November 2018 John was appointed as a Board Appointed Director of Synlait. As Managing Director, he contributed to the governance of Synlait. In May 2021 he was appointed Acting CEO and held that position until January 2022 when stepped into the role of Chair. Dr Penno stepped down as Chair in December 2022.
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| Mr Sihang Yang | Non-Executive Director | Nov 2010 |
Sihang 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.
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| Mr Tao Zhang | Non-Executive Director | Feb 2024 |
Mr Zhang is a has held various 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
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| Mr Paul McGilvary | Non-Executive DirectorActing Chair | Jan 2022 |
Paul joined the Synlait Board in January 2022. He has extensive dairy sector experience and is currently Deputy Chair of AsureQualit.
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| Ms Yi Zhu(Julia) | Non-Executive Director | Jun 2023 |
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| Mr Grant Watson | Chief Executive Officer | Jan 2022 |
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| Ms Deborah Marris | Company Secretary |
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| Grant Watson | Chief Executive Officer |
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| Deborah Marris | Company Secretary |
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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 (NZ) Limited | 43,352,509 | 19.80% |
| Accident Compensation Corporation | 7,881,712 | 3.60% |
| New Zealand Funds Management Ltd. | 6,381,425 | 2.90% |
| Chester Asset Management Pty Ltd. | 5,380,000 | 2.50% |
| John Penno | 5,109,803 | 2.30% |
| The Vanguard Group, Inc. | 3,347,122 | 1.50% |
| L S Keeper | 1,975,000 | 0.90% |
| MMC Limited | 1,852,459 | 0.80% |
| Smartshares Limited | 1,621,026 | 0.70% |
| State Street Global Advisors Australia Ltd. | 1,589,389 | 0.70% |
| Norges Bank Investment Management (NBIM) | 1,491,175 | 0.70% |
| Devon Funds Management Limited | 1,386,719 | 0.60% |
| First NZ Capital Custodians Limited (Various Private Investors) | 1,364,270 | 0.60% |
| Guardians of New Zealand Superannuation | 1,183,682 | 0.50% |
| Paul & Bronwyn Lancaster | 1,055,623 | 0.50% |
| BNP Paribas Nominees (NZ) Limited – A/C NZCSD | 931,317 | 0.40% |
| Dimensional Fund Advisors, L.P. | 921,571 | 0.40% |
| Castle Point Funds Management Limited | 901,414 | 0.40% |
| Therese Roche | 900,000 | 0.40% |
