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SEED - Origin Agritech Limi...

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Origin Agritech Limited

SEED

NASDAQ

Origin Agritech Limited, together with its subsidiaries, operates an agricultural biotechnology and an e-commerce platform in the People's Republic of China. The company engages in crop seed breeding and genetic improvement activities. It develops, produces, and distributes hybrid crop seeds, as well as develops hybrid seed technology. The company also operates an e-commerce platform, which provides range of products, including agricultural seed products that comprise corn, rice, and vegetable seeds; other agricultural inputs, such as fertilizers and agricultural chemicals; foods; household products; and other consumer products to farmers through online and mobile ordering. It has a collaboration agreement with Chinese Academy of Agricultural Sciences, the National Maize Improvement Center, China Agricultural University, and Zhejiang University. Origin Agritech Limited was founded in 1997 and is headquartered in Beijing, China.

1.44 USD

-0.12 (-8.33%)

SEED Financial Statements

Year

2024

2023

2022

2021

Total Revenue

113.38M

93.31M

52.58M

46.42M

Cost of Revenue

97.31M

76.06M

36.39M

33.61M

Gross Profit

16.07M

17.25M

16.19M

12.81M

Operating Expenses

52.67M

32.24M

29.09M

80.86M

Research and Development

10.13M

7.45M

7.43M

1.98M

Selling, General & Administrative Expenses

42.27M

22.59M

21.66M

78.88M

Selling & Marketing Expenses

6.29M

8.36M

7.33M

5.56M

General & Administrative Expenses

35.98M

14.23M

14.32M

73.31M

Other Expenses

275k

2.2M

26.34M

25.53M

Operating Income

-36.6M

-14.99M

13.45M

-68.04M

Total Other Income/Expenses Net

55.34M

77.82M

15.21M

11.01M

Income Before Tax

18.74M

62.83M

2.31M

-126.9M

Income Tax

61k

162k

-14k

178k

Net Income

20.71M

55.33M

2.33M

-127.08M

Basic EPS

3.2

8.43

0.41

-22.62

EPS Diluted

3.2

8.43

0.41

-22.62

Basic Average Shares

6.47M

6.56M

5.62M

5.62M

Diluted Average Shares

6.47M

6.56M

5.62M

5.62M

EBITDA

23.08M

67.84M

17.35M

-137.91M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

-601.57M

-656.9M

-650.63M

-559.1M

Net Income

20.71M

55.33M

2.33M

-127.08M

Stock Repurchases

0

0

0

0

Dividend Paid

0

-200k

-2.43M

0

Retained Earnings

-580.85M

-601.57M

-656.9M

-650.63M

Other Distributions

20.71M

55.13M

-8.7M

-91.53M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

28.62M

21.92M

47.94M

50.59M

Annual Depreciation

2.83M

4.03M

3.9M

8.28M

Capital Expenditure

-4.97M

-12.21M

-622k

-1.72M

Net PPE

30.77M

30.1M

44.66M

44.02M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

0

0

0

0

Goodwill

0

0

0

0

All figures are in CNY.

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