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Shanghai Milkground Food Tech Co 600882.SS · CNY

Consumer Staples · Shanghai · 🇨🇳 China

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20.25

-1.51%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥5.62bn

FY2016FY2025

Net income

CN¥118.5m

FY2016FY2025

Free cash flow

CN¥134.2m

FY2016FY2025

Shareholders' equity

CN¥4.56bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥5.62bnCN¥4.84bnCN¥5.32bnCN¥4.83bnCN¥4.48bnCN¥2.85bnCN¥1.74bnCN¥1.23bnCN¥982.0mCN¥511.6m
Research and developmentCN¥50.8mCN¥48.5mCN¥54.0mCN¥51.2mCN¥40.1mCN¥38.9mCN¥22.3mCN¥14.0mCN¥7.2mCN¥10.1m
Operating incomeCN¥251.2mCN¥163.5mCN¥77.8mCN¥226.3mCN¥229.9mCN¥97.1mCN¥70.4m−CN¥3.2m−CN¥4.2mCN¥5.6m
Net incomeCN¥118.5mCN¥113.6mCN¥60.1mCN¥137.6mCN¥154.4mCN¥59.3mCN¥19.2mCN¥10.6mCN¥4.3mCN¥32.2m
Diluted earnings per share0.290.280.150.330.300.140.050.020.010.08

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥8.54bnCN¥7.72bnCN¥6.83bnCN¥7.44bnCN¥6.70bnCN¥3.09bnCN¥2.44bnCN¥2.69bnCN¥2.65bnCN¥2.17bn
Cash and short-term investmentsCN¥2.34bnCN¥2.57bnCN¥2.60bnCN¥3.16bnCN¥2.99bnCN¥567.4mCN¥416.9mCN¥635.8mCN¥807.1mCN¥796.6m
Total liabilitiesCN¥3.90bnCN¥3.31bnCN¥2.53bnCN¥2.56bnCN¥1.79bnCN¥1.26bnCN¥1.18bnCN¥1.47bnCN¥1.48bnCN¥1.01bn
DebtCN¥2.85bnCN¥2.31bnCN¥1.69bnCN¥1.68bnCN¥669.8mCN¥599.7mCN¥718.1mCN¥1.10bnCN¥1.12bnCN¥786.7m
Shareholders' equityCN¥4.56bnCN¥4.41bnCN¥4.30bnCN¥4.45bnCN¥4.51bnCN¥1.49bnCN¥1.27bnCN¥1.22bnCN¥1.18bnCN¥1.16bn
Shares outstanding411m411m411m411m511m412m418m431m450m394m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥494.8mCN¥530.7mCN¥279.2m−CN¥204.8mCN¥437.0mCN¥267.1mCN¥292.0mCN¥86.8m−CN¥38.6mCN¥90.0m
Capital spending−CN¥360.7m−CN¥382.5m−CN¥293.8m−CN¥507.1m−CN¥616.4m−CN¥356.1m−CN¥122.9m−CN¥125.2m−CN¥181.9m−CN¥356.1m
Free cash flowCN¥134.2mCN¥148.3m−CN¥14.7m−CN¥712.0m−CN¥179.4m−CN¥89.0mCN¥169.1m−CN¥38.4m−CN¥220.5m−CN¥266.1m
Dividends paid−CN¥36.9m−CN¥24.7m−CN¥15.5m−CN¥25.6m−CN¥19.5m−CN¥35.7m−CN¥82.1m−CN¥80.6m−CN¥72.5m−CN¥18.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥1.68bnCN¥1.63bnCN¥1.68bnCN¥1.39bnCN¥1.33bnCN¥1.23bnCN¥1.25bnCN¥1.67bn
Operating incomeCN¥98.6mCN¥97.6mCN¥54.6mCN¥38.1mCN¥56.3mCN¥110.7mCN¥51.3mCN¥20.5m
Net incomeCN¥75.7mCN¥75.6m−CN¥57.4mCN¥43.0mCN¥50.6mCN¥82.4mCN¥28.6mCN¥8.3m
Diluted earnings per share0.180.18-0.140.100.120.200.070.02
Cash from operations——−CN¥17.0mCN¥260.0mCN¥116.0mCN¥119.0m—CN¥250.0m
Capital spending−CN¥29.0m−CN¥24.0m−CN¥76.0m−CN¥147.0m−CN¥99.0m−CN¥38.0m−CN¥113.0m−CN¥112.0m
Free cash flow——−CN¥93.0mCN¥113.0mCN¥17.0mCN¥81.0m—CN¥138.0m
Total assetsCN¥8.96bnCN¥8.70bnCN¥8.54bnCN¥8.47bnCN¥8.55bnCN¥8.25bnCN¥7.72bnCN¥7.73bn
Cash and short-term investments——CN¥2.34bnCN¥2.17bnCN¥2.29bnCN¥2.68bnCN¥2.57bnCN¥2.90bn
DebtCN¥158.0mCN¥359.4mCN¥2.50bnCN¥2.05bnCN¥2.38bnCN¥2.29bnCN¥1.92bnCN¥1.98bn
Shareholders' equityCN¥4.73bnCN¥4.65bnCN¥4.56bnCN¥4.62bnCN¥4.56bnCN¥4.49bnCN¥4.41bnCN¥4.38bn

Financial ratios

Data as of 4 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin4.5%3.4%1.5%4.7%5.1%3.4%
Net margin2.1%2.3%1.1%2.8%3.4%2.1%
Return on equity2.6%2.6%1.4%3.1%3.4%4.0%
Return on assets1.4%1.5%0.9%1.9%2.3%1.9%
Free cash flow yield10.8%11.5%7.2%3.8%10.7%7.8%
Revenue growth15.9%-9.0%10.2%7.8%57.3%63.2%
Earnings growth4.3%89.2%-56.3%-10.9%160.6%208.2%
Current ratio1.22x1.69x1.81x1.99x2.71x1.29x
Debt to equity0.55x0.44x0.33x0.30x0.08x0.40x
Equity ratio53.4%57.1%63.0%59.8%67.4%48.0%
Interest coverage4.15x2.96x1.83x5.46x8.81x2.17x
R&D as a share of sales0.9%1.0%1.0%1.1%0.9%1.4%
Buybacks as a share of market value0.0%0.1%0.0%19.5%-23.8%1.4%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue5.2%14.6%31.6%
Operating income3.5%20.9%—
Net income-4.9%14.9%—

Average margins

Over each period

1 year3 years5 years10 years
Operating margin4.0%3.5%3.7%2.4%
Net margin2.2%2.1%2.3%1.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings87.264.7110.095.1185.2397.4317.1310.7—131.4
Price to sales1.81.51.22.76.48.33.52.74.28.3

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 3 Sept 2014.

FY2014FY2013FY2002FY1999FY1998FY1996
Paid in the year0.5250.200.0260.130.0870.227
  • 1.15-for-1 split · 13 Jul 2006
  • 1-to-1 reverse split · 17 Apr 2006
  • 1.15-for-1 split · 20 May 1997

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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