China Shengmu Organic Milk Limited (HKG:1432)

HKG:1432 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	571.15	1,118	697.23	395.46	490.18	531.84
Short-Term Investments	-	22.57	16.79	130	503.9	47.74
Cash & Short-Term Investments	571.15	1,140	714.01	525.46	994.08	579.57
Cash Growth	-42.80%	59.67%	35.88%	-47.14%	71.52%	57.85%
Accounts Receivable	271.12	278.68	287.7	303.33	276.86	248.14
Receivables	271.12	278.68	287.7	303.33	276.86	320.14
Inventory	538.89	913.1	856.61	1,007	880.65	768.11
Prepaid Expenses	-	13.04	10.76	-	8.37	10.96
Other Current Assets	263.44	70.56	252.23	319.42	314.98	371.03
Total Current Assets	1,645	2,415	2,121	2,155	2,475	2,050
Property, Plant & Equipment	5,147	5,398	5,861	5,664	5,310	4,918
Long-Term Investments	80.18	84.97	90.64	84.35	91.35	150.25
Other Intangible Assets	20.69	22.21	23.29	10.89	9.15	7.59
Long-Term Accounts Receivable	-	-	-	0.83	2.04	6.36
Other Long-Term Assets	280.77	52.22	368.06	602.28	-	-
Total Assets	7,173	7,973	8,464	8,517	7,888	7,132

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	977.61	1,701	1,650	1,707	1,476	1,253
Accrued Expenses	-	89.63	75.56	90.6	65.89	63.84
Short-Term Debt	-	3	-	911.38	895.61	834.34
Current Portion of Long-Term Debt	1,614	830.9	666.57	-	-	472.36
Current Portion of Leases	17.3	17.03	17.04	13.38	2.59	-
Current Income Taxes Payable	0.07	0.44	1.23	-	-	0.62
Current Unearned Revenue	-	3.99	1.56	0.77	1.36	3.97
Other Current Liabilities	134.02	107.83	227.44	299.42	228.93	234.26
Total Current Liabilities	2,743	2,754	2,639	3,022	2,671	2,863
Long-Term Debt	587.41	1,377	1,608	1,220	944.64	379.64
Long-Term Leases	11.15	24.7	41.59	38.55	10.8	-
Long-Term Unearned Revenue	10.16	12.12	-	-	-	-
Total Liabilities	3,351	4,168	4,288	4,281	3,626	3,242

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.07	0.07	0.07	0.07	0.07	0.07
Additional Paid-In Capital	-	2,918	2,918	2,839	2,925	2,926
Retained Earnings	-	668.09	1,067	1,132	1,046	629.81
Treasury Stock	-10.12	-18.88	-43.75	-76.89	-26.19	-
Comprehensive Income & Other	3,662	24.13	22.05	128.86	109.7	123.91
Total Common Equity	3,652	3,591	3,963	4,023	4,055	3,680
Minority Interest	169.47	214.02	212.79	213.19	206.5	209.35
Shareholders' Equity	3,822	3,805	4,176	4,236	4,262	3,889
Total Liabilities & Equity	7,173	7,973	8,464	8,517	7,888	7,132

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2,230	2,253	2,333	2,183	1,854	1,686
Net Cash (Debt)	-1,658	-1,113	-1,619	-1,658	-859.56	-1,107
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.20	-0.13	-0.20	-0.20	-0.10	-0.13
Filing Date Shares Outstanding	8,334	8,339	8,246	8,174	8,303	8,381
Total Common Shares Outstanding	8,334	8,339	8,246	8,174	8,303	8,381
Working Capital	-1,098	-338.19	-517.85	-867.21	-195.59	-812.96
Book Value Per Share	0.44	0.43	0.48	0.49	0.49	0.44
Tangible Book Value	3,632	3,569	3,940	4,012	4,046	3,672
Tangible Book Value Per Share	0.44	0.43	0.48	0.49	0.49	0.44
Buildings	-	2,619	2,548	2,340	2,196	2,111
Machinery	-	796.47	773.52	723.87	634.73	584.44
Construction In Progress	-	4.57	14.25	159.01	21.29	1.98

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 2026

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:

Sep 14, 2026

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