China Modern Dairy Holdings Ltd. (HKG:1117)

HKG:1117 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	6,554	3,059	1,964	2,126	1,888
Trading Asset Securities	20	-	-	16.95	-
Cash & Short-Term Investments	6,574	3,059	1,964	2,143	1,888
Cash Growth	114.90%	55.79%	-8.35%	13.50%	60.84%
Accounts Receivable	1,442	1,445	1,537	1,645	1,045
Other Receivables	14.28	8.55	41.45	100.28	6.72
Receivables	1,696	1,630	1,673	1,814	1,054
Inventory	3,125	3,280	3,139	3,717	2,341
Other Current Assets	186.37	109.78	92.24	253.56	60.2
Total Current Assets	11,581	8,079	6,868	7,927	5,343
Property, Plant & Equipment	21,115	22,545	20,391	17,591	15,443
Long-Term Investments	658.23	656.08	828.39	565.15	355.93
Goodwill	1,818	1,819	2,418	2,407	2,076
Other Intangible Assets	31.5	37.35	40.87	45.26	3.78
Long-Term Deferred Tax Assets	12.09	10.7	6.68	0.83	2.34
Other Long-Term Assets	1,362	793.36	840.84	285.37	450.7
Total Assets	36,578	33,941	31,394	28,821	23,674

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3,270	5,364	5,534	2,217	3,144
Accrued Expenses	409.74	-	-	314.27	-
Short-Term Debt	204.15	-	-	100.52	-
Current Portion of Long-Term Debt	6,932	2,963	2,595	4,889	2,846
Current Portion of Leases	209	238.67	238.93	111.39	50.44
Current Income Taxes Payable	7.64	4.87	42.31	5	1.9
Current Unearned Revenue	43.79	31.54	39.22	69.78	5.34
Other Current Liabilities	972.27	27.18	12.87	761.48	17.76
Total Current Liabilities	12,048	8,630	8,463	8,468	6,066
Long-Term Debt	12,127	11,500	8,901	7,482	5,648
Long-Term Leases	2,106	2,195	1,781	956.65	517.08
Long-Term Unearned Revenue	258.83	225.2	209.66	205.53	184.56
Long-Term Deferred Tax Liabilities	6.05	10.38	13.39	22.45	20.87
Other Long-Term Liabilities	213.63	257.33	183.07	43.65	122.3
Total Liabilities	26,760	22,818	19,551	17,178	12,559

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	675.87	675.87	675.87	675.87	675.87
Additional Paid-In Capital	6,449	6,545	6,580	6,692	6,896
Retained Earnings	651.59	1,782	3,195	3,026	2,462
Comprehensive Income & Other	517.48	527.83	749.7	870.4	830.83
Total Common Equity	8,294	9,531	11,201	11,264	10,865
Minority Interest	1,524	1,592	641.78	379.18	249.8
Shareholders' Equity	9,818	11,123	11,843	11,643	11,115
Total Liabilities & Equity	36,578	33,941	31,394	28,821	23,674

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	21,578	16,897	13,517	13,539	9,062
Net Cash (Debt)	-15,004	-13,838	-11,553	-11,396	-7,175
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-1.92	-1.77	-1.46	-1.45	-1.01
Filing Date Shares Outstanding	7,916	7,916	7,916	7,916	7,916
Total Common Shares Outstanding	7,916	7,916	7,916	7,916	7,916
Working Capital	-467.05	-551.06	-1,595	-541.09	-723.47
Book Value Per Share	1.05	1.20	1.42	1.42	1.37
Tangible Book Value	6,445	7,674	8,742	8,812	8,786
Tangible Book Value Per Share	0.81	0.97	1.10	1.11	1.11
Land	40.27	27.4	27.19	26.74	48.21
Buildings	9,021	8,653	7,468	7,041	6,666
Machinery	3,843	3,573	3,043	2,622	2,345
Construction In Progress	553.97	769.41	651.03	415.01	141.49

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 20, 2026

Data Sources Report a data error