China Modern Dairy Holdings Ltd (07M) - Net Assets
Based on the latest financial reports, China Modern Dairy Holdings Ltd (07M) has net assets worth €10.06 Billion EUR (≈ $11.76 Billion USD) 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 ≈ $39.03 Billion USD) and total liabilities (€23.33 Billion ≈ $27.28 Billion USD). 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. Check 07M asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is China Modern Dairy Holdings Ltd's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of China Modern Dairy Holdings Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €11.12 Billion ≈ $13.00 Billion |
-6.08% |
| 2023-12-31 | €11.84 Billion ≈ $13.85 Billion |
+1.71% |
| 2022-12-31 | €11.64 Billion ≈ $13.61 Billion |
+4.76% |
| 2021-12-31 | €11.11 Billion ≈ $12.99 Billion |
+38.27% |
| 2020-12-31 | €8.04 Billion ≈ $9.40 Billion |
+11.53% |
| 2019-12-31 | €7.21 Billion ≈ $8.43 Billion |
+9.97% |
| 2018-12-31 | €6.55 Billion ≈ $7.66 Billion |
-7.54% |
| 2017-12-31 | €7.09 Billion ≈ $8.29 Billion |
-0.48% |
| 2016-12-31 | €7.12 Billion ≈ $8.33 Billion |
-10.40% |
| 2015-12-31 | €7.95 Billion ≈ $9.29 Billion |
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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 |
|---|---|
|
T1 Energy Inc.
NYSE:TE
|
$1.31 Billion |
|
China Resources Boya Bio pharmaceutical Group Co Ltd
SHE:300294
|
$1.31 Billion |
|
SINOTRANS LTD H YC 1
F:SIY
|
$1.31 Billion |
|
Guardian Pharmacy Services, Inc.
NYSE:GRDN
|
$1.31 Billion |
|
Hengdian Group Tospo Lighting Co Ltd
SHG:603303
|
$1.31 Billion |
|
Ye Chiu Metal Recycling China Ltd
SHG:601388
|
$1.31 Billion |
|
Gemadept Corp
VN:GMD
|
$1.31 Billion |
|
Dole plc
F:4CB
|
$1.31 Billion |
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: 0.12x
- 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 | €0.14 | x |
| 2018-12-31 | €1.05 | €0.14 | x |
| 2019-12-31 | €1.11 | €0.14 | x |
| 2020-12-31 | €1.22 | €0.14 | x |
| 2021-12-31 | €1.37 | €0.14 | x |
| 2022-12-31 | €1.42 | €0.14 | x |
| 2023-12-31 | €1.42 | €0.14 | x |
| 2024-12-31 | €1.20 | €0.14 | 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: $1,079,045,739,528
- Average return on equity (ROE) among peers: -51.25%
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 | $1.31 Billion |
| AFFINOR GROWERS INC. (1AF0) | $289.15K | -355.92% | 5.57x | $402.14K |
| Bumitama Agri Ltd (2BU) | $9.43 Trillion | 7.28% | 0.85x | $1.75 Billion |
| BRASI.CIA BRAS.D.PROP.ADR (52BA) | $2.18 Billion | 0.00% | 0.57x | $336.70 Million |
| P/F Bakkafrost (6BF) | $11.04 Billion | 4.68% | 0.72x | $2.38 Billion |
| China Shengmu Organic Milk Limited (7OM) | $3.89 Billion | 12.13% | 0.83x | $300.99 Million |
| BARRAMUNDI GROUP PTE. LTD (95Z) | $9.11 Million | -138.30% | 2.88x | $10.15 Million |
| Adecoagro S.A (ACD) | $854.35 Million | -3.02% | 1.00x | $1.74 Billion |
| Clean Seas Seafood Limited (C7S) | $73.54 Million | 1.97% | 0.28x | $15.73 Million |
| Charoen Pokphand Foods Public Company Limited (CPOF) | $262.18 Billion | 9.93% | 1.91x | $5.39K |
About 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