Shanghai Milkground Food Tech Co., Ltd (SHA:600882)

China · Delayed Price · Currency is CNY

22.28

-0.14 (-0.62%)

Aug 4, 2026, 3:00 PM CST

SHA:600882 Financials Overview

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

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,370	5,633	4,844	5,322	4,830	4,478
Revenue Growth	26.55%	16.29%	-8.99%	10.20%	7.84%	57.31%
Gross Profit	2,365	1,628	1,366	1,265	1,648	1,701
Operating Income	273.14	251.67	96.67	8.98	127.6	168.94
Net Income	136.76	118.49	113.62	60.07	137.61	154.43
Earnings Per Share	0.27	0.23	0.23	0.12	0.27	0.33
EPS Growth	-22.30%	3.98%	89.92%	-56.09%	-17.88%	127.59%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Dairy Processing	4,980
Dairy Trade	623.29
Total	5,603

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,438	2,336	2,573	2,596	3,155	2,986
Total Debt	2,779	2,702	2,433	1,746	1,675	669.75
Net Cash (Debt)	-341.2	-365.83	139.73	850.15	1,480	2,317
Net Cash Growth	-	-	-83.56%	-42.56%	-36.11%	-
Net Cash Per Share	-0.68	-0.73	0.28	1.68	2.92	4.95

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-	459.31	530.73	263.68	-204.84	437.03
Capital Expenditures	-	-360.67	-382.46	-321.15	-507.13	-616.43
Free Cash Flow	-	98.64	148.27	-57.48	-711.97	-179.41
Free Cash Flow Growth	-	-33.47%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	37.12%	28.89%	28.21%	23.77%	34.13%	37.98%
Operating Margin	4.29%	4.47%	2.00%	0.17%	2.64%	3.77%
Pretax Margin	2.84%	2.82%	3.32%	1.54%	4.88%	5.19%
Profit Margin	2.15%	2.10%	2.35%	1.13%	2.85%	3.45%
FCF Margin	-	1.75%	3.06%	-1.08%	-14.74%	-4.01%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	82.72	106.52	79.09	134.79	119.41	187.19
Forward PE	28.64	41.98	50.48	50.82	31.87	50.47
P/FCF Ratio	205.93	127.96	60.61	-	-	-
PS Ratio	1.77	2.24	1.86	1.52	3.40	6.46