Shanghai Milkground Food Tech Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Milkground Food Tech has a total shareholder equity of CN¥4.5B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are CN¥8.2B and CN¥3.8B respectively. Shanghai Milkground Food Tech's EBIT is CN¥188.7M making its interest coverage ratio -23.1. It has cash and short-term investments of CN¥2.7B.
Key information
53.8%
Debt to equity ratio
CN¥2.42b
Debt
| Interest coverage ratio | -23.1x |
| Cash | CN¥2.68b |
| Equity | CN¥4.49b |
| Total liabilities | CN¥3.76b |
| Total assets | CN¥8.25b |
Recent financial health updates
Shanghai Milkground Food Tech (SHSE:600882) Has A Pretty Healthy Balance Sheet
Oct 23
Does Shanghai Milkground Food Tech (SHSE:600882) Have A Healthy Balance Sheet?
Jul 14Shanghai Milkground Food Tech (SHSE:600882) Takes On Some Risk With Its Use Of Debt
Mar 25Recent updates
Earnings Update: Here's Why Analysts Just Lifted Their Shanghai Milkground Food Tech Co., Ltd (SHSE:600882) Price Target To CN¥20.17
Mar 25Shanghai Milkground Food Tech Co., Ltd (SHSE:600882) Not Lagging Industry On Growth Or Pricing
Mar 21Be Wary Of Shanghai Milkground Food Tech (SHSE:600882) And Its Returns On Capital
Dec 16Impressive Earnings May Not Tell The Whole Story For Shanghai Milkground Food Tech (SHSE:600882)
Nov 06Shanghai Milkground Food Tech (SHSE:600882) Has A Pretty Healthy Balance Sheet
Oct 23Earnings Tell The Story For Shanghai Milkground Food Tech Co., Ltd (SHSE:600882) As Its Stock Soars 34%
Oct 05Shanghai Milkground Food Tech Co., Ltd's (SHSE:600882) Share Price Matching Investor Opinion
Aug 21Does Shanghai Milkground Food Tech (SHSE:600882) Have A Healthy Balance Sheet?
Jul 14Returns On Capital Signal Tricky Times Ahead For Shanghai Milkground Food Tech (SHSE:600882)
May 21Earnings Troubles May Signal Larger Issues for Shanghai Milkground Food Tech (SHSE:600882) Shareholders
Apr 01These Analysts Just Made A Notable Downgrade To Their Shanghai Milkground Food Tech Co., Ltd (SHSE:600882) EPS Forecasts
Mar 28Shanghai Milkground Food Tech (SHSE:600882) Takes On Some Risk With Its Use Of Debt
Mar 25Financial Position Analysis
Short Term Liabilities: 600882's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 600882's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 600882 has more cash than its total debt.
Reducing Debt: 600882's debt to equity ratio has increased from 39.8% to 53.8% over the past 5 years.
Debt Coverage: 600882's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 600882 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/08 22:49 |
| End of Day Share Price | 2025/05/08 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shanghai Milkground Food Tech Co., Ltd is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wendan Wang | China International Capital Corporation Limited |
| Yunpeng Fang | China International Capital Corporation Limited |
| Xia Sheng | Citic Securities Co., Ltd. |