Shanghai Milkground Food Tech Co Ltd (600882) - Net Assets

Latest as of March 2026: CN¥4.65 Billion CNY ≈ $680.21 Million USD

Based on the latest financial reports, Shanghai Milkground Food Tech Co Ltd (600882) has net assets worth CN¥4.65 Billion CNY (≈ $680.21 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.70 Billion ≈ $1.27 Billion USD) and total liabilities (CN¥4.05 Billion ≈ $592.92 Million 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 600882 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.65 Billion
% of Total Assets 53.43%
Annual Growth Rate 11.32%
5-Year Change -5.4%
10-Year Change 300.15%
Growth Volatility 40.74

Shanghai Milkground Food Tech Co Ltd - Net Assets Trend (1995–2025)

This chart illustrates how Shanghai Milkground Food Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Shanghai Milkground Food Tech Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shanghai Milkground Food Tech Co Ltd (1995–2025)

The table below shows the annual net assets of Shanghai Milkground Food Tech Co Ltd from 1995 to 2025. For live valuation and market cap data, see how much is Shanghai Milkground Food Tech Co Ltd worth.

Year Net Assets Change
2025-12-31 CN¥4.64 Billion
≈ $679.19 Million		 +5.27%
2024-12-31 CN¥4.41 Billion
≈ $645.21 Million		 +2.48%
2023-12-31 CN¥4.30 Billion
≈ $629.60 Million		 -11.77%
2022-12-31 CN¥4.88 Billion
≈ $713.59 Million		 -0.60%
2021-12-31 CN¥4.91 Billion
≈ $717.93 Million		 +167.72%
2020-12-31 CN¥1.83 Billion
≈ $268.16 Million		 +44.79%
2019-12-31 CN¥1.27 Billion
≈ $185.21 Million		 +3.90%
2018-12-31 CN¥1.22 Billion
≈ $178.26 Million		 +3.54%
2017-12-31 CN¥1.18 Billion
≈ $172.17 Million		 +1.43%
2016-12-31 CN¥1.16 Billion
≈ $169.73 Million		 +6.40%
2015-12-31 CN¥1.09 Billion
≈ $159.53 Million		 -20.62%
2014-12-31 CN¥1.37 Billion
≈ $200.97 Million		 -5.98%
2013-12-31 CN¥1.46 Billion
≈ $213.75 Million		 +11.51%
2012-12-31 CN¥1.31 Billion
≈ $191.68 Million		 +5525.83%
2011-12-31 CN¥-24.14 Million
≈ $-3.53 Million		 -106.84%
2010-12-31 CN¥352.75 Million
≈ $51.62 Million		 -17.48%
2009-12-31 CN¥427.50 Million
≈ $62.56 Million		 -0.89%
2008-12-31 CN¥431.32 Million
≈ $63.12 Million		 -25.12%
2007-12-31 CN¥575.99 Million
≈ $84.29 Million		 +9.30%
2006-12-31 CN¥527.00 Million
≈ $77.12 Million		 +2.39%
2005-12-31 CN¥514.72 Million
≈ $75.32 Million		 +4.91%
2004-12-31 CN¥490.65 Million
≈ $71.80 Million		 +0.06%
2003-12-31 CN¥490.34 Million
≈ $71.75 Million		 +0.32%
2002-12-31 CN¥488.75 Million
≈ $71.52 Million		 +0.77%
2001-12-31 CN¥485.03 Million
≈ $70.98 Million		 -8.31%
2000-12-31 CN¥529.02 Million
≈ $77.41 Million		 +2.22%
1999-12-31 CN¥517.55 Million
≈ $75.73 Million		 +55.77%
1998-12-31 CN¥332.24 Million
≈ $48.62 Million		 +2.74%
1997-12-31 CN¥323.39 Million
≈ $47.32 Million		 +50.56%
1996-12-31 CN¥214.79 Million
≈ $31.43 Million		 +15.43%
1995-12-31 CN¥186.08 Million
≈ $27.23 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Milkground Food Tech Co 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 4611.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock CN¥510.05 Million 11.18%
Other Comprehensive Income CN¥52.61 Million 1.15%
Other Components CN¥4.39 Billion 96.25%
Total Equity CN¥4.56 Billion 100.00%

Shanghai Milkground Food Tech Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Milkground Food Tech Co Ltd ranked by their market capitalization.

Company Market Cap
Fresh Del Monte Produce Inc
NYSE:FDP
 $1.31 Billion
SYoung Group Co Ltd
SHE:300740
 $1.31 Billion
Develia S.A
WAR:DVL
 $1.31 Billion
JM Financial Limited
NSE:JMFINANCIL
 $1.31 Billion
Shenzhen Fenda Technology Co Ltd
SHE:002681
 $1.31 Billion
Chongqing Chuanyi Automation Co Ltd
SHG:603100
 $1.30 Billion
Shanxi Lanhua Sci-Tech Venture Co Ltd
SHG:600123
 $1.30 Billion
CLARIVATE PLC
NYSE:CLVT
 $1.30 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Milkground Food Tech Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 4,409,235,955 to 4,561,743,810, a change of 152,507,855 (3.5%).
  • Net income of 118,493,733 contributed positively to equity growth.
  • Dividend payments of 36,930,912 reduced retained earnings.
  • Other comprehensive income increased equity by 52,609,828.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥118.49 Million +2.6%
Dividends Paid CN¥36.93 Million -0.81%
Other Comprehensive Income CN¥52.61 Million +1.15%
Other Changes CN¥18.34 Million +0.4%
Total Change CN¥- 3.46%

Book Value vs Market Value Analysis

This analysis compares Shanghai Milkground Food Tech Co 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: 1.93x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 16.82x to 1.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥1.04 CN¥17.49 x
1996-12-31 CN¥1.20 CN¥17.49 x
1997-12-31 CN¥1.81 CN¥17.49 x
1998-12-31 CN¥1.86 CN¥17.49 x
1999-12-31 CN¥2.89 CN¥17.49 x
2000-12-31 CN¥2.96 CN¥17.49 x
2001-12-31 CN¥2.70 CN¥17.49 x
2002-12-31 CN¥2.72 CN¥17.49 x
2003-12-31 CN¥2.73 CN¥17.49 x
2004-12-31 CN¥2.74 CN¥17.49 x
2005-12-31 CN¥2.79 CN¥17.49 x
2006-12-31 CN¥2.54 CN¥17.49 x
2007-12-31 CN¥2.80 CN¥17.49 x
2008-12-31 CN¥2.02 CN¥17.49 x
2009-12-31 CN¥1.36 CN¥17.49 x
2010-12-31 CN¥1.62 CN¥17.49 x
2011-12-31 CN¥-0.14 CN¥17.49 x
2012-12-31 CN¥5.08 CN¥17.49 x
2013-12-31 CN¥3.61 CN¥17.49 x
2014-12-31 CN¥3.42 CN¥17.49 x
2015-12-31 CN¥2.70 CN¥17.49 x
2016-12-31 CN¥2.88 CN¥17.49 x
2017-12-31 CN¥2.75 CN¥17.49 x
2018-12-31 CN¥2.98 CN¥17.49 x
2019-12-31 CN¥3.12 CN¥17.49 x
2020-12-31 CN¥3.64 CN¥17.49 x
2021-12-31 CN¥9.64 CN¥17.49 x
2022-12-31 CN¥8.76 CN¥17.49 x
2023-12-31 CN¥8.55 CN¥17.49 x
2024-12-31 CN¥8.77 CN¥17.49 x
2025-12-31 CN¥9.05 CN¥17.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Milkground Food Tech Co 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): 2.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.11%
  • • Asset Turnover: 0.66x
  • • Equity Multiplier: 1.87x
  • Recent ROE (2.60%) is above the historical average (1.93%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 13.18% 8.30% 0.71x 2.23x CN¥5.93 Million
1996 13.21% 8.47% 0.64x 2.44x CN¥6.89 Million
1997 9.32% 9.58% 0.51x 1.92x CN¥-2.19 Million
1998 7.09% 6.88% 0.52x 2.00x CN¥-9.66 Million
1999 6.16% 7.98% 0.45x 1.71x CN¥-19.88 Million
2000 0.63% 0.85% 0.42x 1.77x CN¥-49.55 Million
2001 1.33% 1.54% 0.45x 1.93x CN¥-41.95 Million
2002 0.84% 0.92% 0.43x 2.15x CN¥-44.63 Million
2003 0.46% 0.49% 0.44x 2.15x CN¥-46.66 Million
2004 0.49% 0.38% 0.48x 2.66x CN¥-46.57 Million
2005 2.16% 1.73% 0.42x 2.96x CN¥-39.15 Million
2006 2.76% 2.05% 0.45x 3.01x CN¥-37.15 Million
2007 3.03% 2.07% 0.49x 3.00x CN¥-38.75 Million
2008 -21.19% -10.95% 0.48x 4.02x CN¥-133.48 Million
2009 2.56% 1.44% 0.49x 3.60x CN¥-31.53 Million
2010 -20.34% -9.03% 0.49x 4.57x CN¥-106.10 Million
2011 0.00% -54.96% 0.52x 0.00x CN¥-378.23 Million
2012 17.52% 17.01% 0.72x 1.43x CN¥97.59 Million
2013 15.25% 22.05% 0.56x 1.23x CN¥75.99 Million
2014 8.48% 14.21% 0.49x 1.22x CN¥-20.69 Million
2015 -25.57% -76.18% 0.22x 1.52x CN¥-382.43 Million
2016 2.78% 6.30% 0.24x 1.87x CN¥-83.78 Million
2017 0.36% 0.44% 0.37x 2.25x CN¥-113.38 Million
2018 0.87% 0.87% 0.46x 2.21x CN¥-111.18 Million
2019 1.52% 1.10% 0.71x 1.93x CN¥-107.34 Million
2020 3.99% 2.08% 0.92x 2.08x CN¥-89.30 Million
2021 3.42% 3.45% 0.67x 1.48x CN¥-296.73 Million
2022 3.09% 2.85% 0.65x 1.67x CN¥-307.01 Million
2023 1.40% 1.13% 0.78x 1.59x CN¥-370.19 Million
2024 2.58% 2.35% 0.63x 1.75x CN¥-327.30 Million
2025 2.60% 2.11% 0.66x 1.87x CN¥-337.68 Million

Industry Comparison

This section compares Shanghai Milkground Food Tech Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $2,082,192,569
  • Average return on equity (ROE) among peers: 2.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Milkground Food Tech Co Ltd (600882) CN¥4.65 Billion 13.18% 0.87x $1.31 Billion
Shenzhen Shenbao Industrial Co Ltd (000019) $372.94 Million 1.53% 0.77x $992.25 Million
Hainan Pearl River Holdings Co Ltd (000505) $399.64 Million -9.56% 0.79x $515.34 Million
Xiwang Foodstuffs Co Ltd (000639) $135.06 Million 5.79% 0.97x $206.92 Million
Nanfang Black Sesame Group Co Ltd (000716) $199.49 Million -32.62% 2.81x $473.73 Million
CNFC Overseas Fishery Co Ltd (000798) $796.52 Million 0.36% 0.09x $400.45 Million
Henan Shuanghui Investment & Development Co Ltd (000895) $16.36 Billion 24.69% 0.34x $11.55 Billion
Xinjiang Chalkis Co Ltd (000972) $767.56 Million 1.47% 1.57x $388.25 Million
Zhengzhou Qianweiyangchu Food Co Ltd (001215) $405.77 Million 18.27% 1.07x $599.98 Million
Qingdao Foods Co Ltd (001219) $923.11 Million 9.90% 0.10x $351.80 Million
Shandong Oriental Ocean Sci-Tech Co Ltd (002086) $461.01 Million 8.31% 0.83x $507.38 Million

About Shanghai Milkground Food Tech Co Ltd

SHG:600882 China Packaged Foods
Market Cap
$1.31 Billion
CN¥8.92 Billion CNY
Market Cap Rank
#7925 Global
#1894 in China
Share Price
CN¥17.49
Change (1 day)
-4.63%
52-Week Range
CN¥17.49 - CN¥31.44
All Time High
CN¥84.18
Categories
Companies in China Packaged Foods
About

Shanghai Milkground Food Tech Co., Ltd engages in the manufacture and sale of cheese and liquid milk products to consumers and industrial clients in China. It offers cheese nutrition for kids that include cheese sticks and family cooking cheese, including cream cheese spread, cheese slices, butter, cheese tablets, cheese slices for weight loss, mozzarella cheese, refine mozzarella cheese shreds, … Read more