Shandong Minhe Animal Husbandry Co Ltd

SHE:002234 China Farm Products
Market Cap
$438.98 Million
CN¥3.22 Billion CNY
Market Cap Rank
#13034 Global
#3300 in China
Share Price
CN¥9.23
Change (1 day)
-2.12%
52-Week Range
CN¥7.92 - CN¥10.25
All Time High
CN¥39.88
About

Shandong Minhe Animal Husbandry Co., Ltd., together with its subsidiaries, engages in the breeding, producing, slaughtering, processing, and sale of commercial broiler chickens in the People's Republic of China. The company offers commercial chicken cooked food and prepared food. It also produces and sells organic fertilizer; and generates manure biogas and photovoltaic power. The company offers … Read more

Shandong Minhe Animal Husbandry Co Ltd (002234) - Total Assets

Latest total assets as of September 2025: CN¥3.70 Billion CNY

Based on the latest financial reports, Shandong Minhe Animal Husbandry Co Ltd (002234) holds total assets worth CN¥3.70 Billion CNY as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Shandong Minhe Animal Husbandry Co Ltd - Total Assets Trend (2005–2024)

This chart illustrates how Shandong Minhe Animal Husbandry Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shandong Minhe Animal Husbandry Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Shandong Minhe Animal Husbandry Co Ltd's total assets of CN¥3.70 Billion consist of 34.7% current assets and 65.4% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 16.2%
Accounts Receivable CN¥83.75 Million 2.2%
Inventory CN¥598.26 Million 15.6%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥107.91 Million 2.8%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2005–2024)

This chart illustrates how Shandong Minhe Animal Husbandry Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Shandong Minhe Animal Husbandry Co Ltd's current assets represent 34.7% of total assets in 2024, an increase from 25.6% in 2005.
  • Cash Position: Cash and equivalents constituted 16.2% of total assets in 2024, up from 5.7% in 2005.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 10.0% in 2005.
  • Asset Diversification: The largest asset category is inventory at 15.6% of total assets.

Shandong Minhe Animal Husbandry Co Ltd Competitors by Total Assets

Key competitors of Shandong Minhe Animal Husbandry Co Ltd based on total assets are shown below.

Shandong Minhe Animal Husbandry Co Ltd - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.41 - 1.00

Moderate asset utilization - Shandong Minhe Animal Husbandry Co Ltd generates 0.56x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -17.44% - 49.37%

Negative ROA - Shandong Minhe Animal Husbandry Co Ltd is currently not profitable relative to its asset base.

Shandong Minhe Animal Husbandry Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.77 0.83 1.98
Quick Ratio 0.42 0.51 1.37
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-379.76 Million CN¥ -294.65 Million CN¥ 596.53 Million

Shandong Minhe Animal Husbandry Co Ltd - Advanced Valuation Insights

This section examines the relationship between Shandong Minhe Animal Husbandry Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.74
Latest Market Cap to Assets Ratio 0.08
Asset Growth Rate (YoY) 2.2%
Total Assets CN¥3.84 Billion
Market Capitalization $289.84 Million USD

Valuation Analysis

Below Book Valuation: The market values Shandong Minhe Animal Husbandry Co Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Shandong Minhe Animal Husbandry Co Ltd's assets grew by 2.2% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Shandong Minhe Animal Husbandry Co Ltd (2005–2024)

The table below shows the annual total assets of Shandong Minhe Animal Husbandry Co Ltd from 2005 to 2024.

Year Total Assets Change
2024-12-31 CN¥3.84 Billion +2.21%
2023-12-31 CN¥3.76 Billion -5.03%
2022-12-31 CN¥3.95 Billion +2.96%
2021-12-31 CN¥3.84 Billion +15.60%
2020-12-31 CN¥3.32 Billion +1.89%
2019-12-31 CN¥3.26 Billion +24.27%
2018-12-31 CN¥2.62 Billion +15.33%
2017-12-31 CN¥2.28 Billion +4.44%
2016-12-31 CN¥2.18 Billion +20.43%
2015-12-31 CN¥1.81 Billion -17.39%
2014-12-31 CN¥2.19 Billion +20.80%
2013-12-31 CN¥1.81 Billion -12.11%
2012-12-31 CN¥2.06 Billion -2.49%
2011-12-31 CN¥2.11 Billion +90.87%
2010-12-31 CN¥1.11 Billion +6.86%
2009-12-31 CN¥1.04 Billion +1.48%
2008-12-31 CN¥1.02 Billion +54.71%
2007-12-31 CN¥660.48 Million +37.97%
2006-12-31 CN¥478.72 Million +20.10%
2005-12-31 CN¥398.60 Million --