China Modern Dairy Holdings Ltd
China Modern Dairy Holdings Ltd., an investment holding company, operates dairy farming and produces raw milk in Mainland China, the United States, and internationally. It is involved in the production, trading, and sale of feeds; e-commerce platforms; forage grass planting; and breeding of dairy cows. The company was founded in 2005 and is headquartered in Maanshan, the People's Republic of Chin… Read more
China Modern Dairy Holdings Ltd (07M) - Net Assets
Latest net assets as of June 2025: €10.06 Billion EUR
Based on the latest financial reports, China Modern Dairy Holdings Ltd (07M) has net assets worth €10.06 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€33.39 Billion) and total liabilities (€23.33 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €10.06 Billion |
| % of Total Assets | 30.12% |
| Annual Growth Rate | 3.8% |
| 5-Year Change | 38.37% |
| 10-Year Change | N/A |
| Growth Volatility | 13.87 |
China Modern Dairy Holdings Ltd - Net Assets Trend (2015–2024)
This chart illustrates how China Modern Dairy Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Modern Dairy Holdings Ltd (2015–2024)
The table below shows the annual net assets of China Modern Dairy Holdings Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €11.12 Billion | -6.08% |
| 2023-12-31 | €11.84 Billion | +1.71% |
| 2022-12-31 | €11.64 Billion | +4.76% |
| 2021-12-31 | €11.11 Billion | +38.27% |
| 2020-12-31 | €8.04 Billion | +11.53% |
| 2019-12-31 | €7.21 Billion | +9.97% |
| 2018-12-31 | €6.55 Billion | -7.54% |
| 2017-12-31 | €7.09 Billion | -0.48% |
| 2016-12-31 | €7.12 Billion | -10.40% |
| 2015-12-31 | €7.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Modern Dairy Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 39.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.43 Billion | 15.05% |
| Other Components | €8.10 Billion | 84.95% |
| Total Equity | €9.53 Billion | 100.00% |
China Modern Dairy Holdings Ltd Competitors by Market Cap
The table below lists competitors of China Modern Dairy Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chongqing Baiya Sanitary Products Co
SHE:003006
|
$497.77 Million |
|
Olectra Greentech Limited
NSE:OLECTRA
|
$497.79 Million |
|
CStone Pharmaceuticals
PINK:CSPHF
|
$497.91 Million |
|
Lungyen Life Service
TWO:5530
|
$498.10 Million |
|
Boss Resources Ltd
OTCQX:BQSSF
|
$497.67 Million |
|
Shenzhen Liantronics
SHE:300269
|
$497.64 Million |
|
V V Food & Beverage Co Ltd
SHG:600300
|
$497.63 Million |
|
Lectra SA
PA:LSS
|
$497.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Modern Dairy Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,200,985,000 to 9,531,012,000, a change of -1,669,973,000 (-14.9%).
- Net loss of 1,416,753,000 reduced equity.
- Dividend payments of 34,888,000 reduced retained earnings.
- Share repurchases of 57,703,000 reduced equity.
- Other factors decreased equity by 156,564,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.42 Billion | -14.86% |
| Dividends Paid | €34.89 Million | -0.37% |
| Share Repurchases | €57.70 Million | -0.61% |
| Other Changes | €-156.56 Million | -1.64% |
| Total Change | €- | -14.91% |
Book Value vs Market Value Analysis
This analysis compares China Modern Dairy Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.14x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.14 | €0.16 | x |
| 2018-12-31 | €1.05 | €0.16 | x |
| 2019-12-31 | €1.11 | €0.16 | x |
| 2020-12-31 | €1.22 | €0.16 | x |
| 2021-12-31 | €1.37 | €0.16 | x |
| 2022-12-31 | €1.42 | €0.16 | x |
| 2023-12-31 | €1.42 | €0.16 | x |
| 2024-12-31 | €1.20 | €0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Modern Dairy Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.69%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 3.56x
- Recent ROE (-14.86%) is below the historical average (-1.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 4.13% | 6.66% | 0.28x | 2.25x | €-456.89 Million |
| 2016 | -10.57% | -15.26% | 0.27x | 2.54x | €-1.44 Billion |
| 2017 | -13.99% | -20.38% | 0.29x | 2.40x | €-1.67 Billion |
| 2018 | -7.70% | -10.01% | 0.31x | 2.47x | €-1.14 Billion |
| 2019 | 4.82% | 6.19% | 0.35x | 2.22x | €-366.88 Million |
| 2020 | 9.75% | 12.79% | 0.39x | 1.97x | €-19.68 Million |
| 2021 | 9.38% | 14.39% | 0.30x | 2.18x | €-67.66 Million |
| 2022 | 4.99% | 4.57% | 0.43x | 2.56x | €-563.91 Million |
| 2023 | 1.56% | 1.30% | 0.43x | 2.80x | €-944.94 Million |
| 2024 | -14.86% | -10.69% | 0.39x | 3.56x | €-2.37 Billion |
Industry Comparison
This section compares China Modern Dairy Holdings Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,027,937,655,716
- Average return on equity (ROE) among peers: -12.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Modern Dairy Holdings Ltd (07M) | €10.06 Billion | 4.13% | 2.32x | $497.70 Million |
| PT Charoen Pokphand Indonesia Tbk (0CP1) | $12.79 Trillion | 14.37% | 0.95x | $1.66 Billion |
| Bumitama Agri Ltd (2BU) | $14.46 Trillion | 19.55% | 0.38x | $277.39 Million |
| Green Rise Foods Inc. (6VN) | $4.87 Million | -70.18% | 8.30x | $5.82 Million |
| China Shengmu Organic Milk Limited (7OM) | $2.88 Billion | -77.29% | 1.63x | $146.24 Million |
| Måsøval AS (9QP) | $1.86 Billion | 7.94% | 1.82x | $64.00 Million |
| CHA0 (CHA0) | $228.23 Million | -11.57% | 0.15x | $3.40 Million |
| Elders Limited (FTZ) | $1.09 Billion | 4.63% | 1.34x | $869.15 Million |
| Tonkens Agrar AG (GTK) | $9.65 Million | -2.33% | 2.83x | $2.10 Million |
| GDH Guangnan (Holdings) Limited (GUJB) | $2.58 Billion | 2.10% | 0.18x | $30.03 Million |