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Financial Analysis of Chinese Listed Pesticide Enterprises in H1 2024

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    Report

  • 44 Pages
  • October 2024
  • Region: China
  • CCM Information
  • ID: 6109688
In H1 2024, the overall revenue and net profits of the selected listed companies saw a dual decline. An analysis of the semi-annual reports of 28 listed companies revealed that the main reason for the poor performance of most companies was the continued decline in product prices. For instance, Nantong Jiangshan Agrochemical & Chemicals Co., Ltd., Hailir Pesticides and Chemicals Group Co., Ltd., and Sichuan Hebang Biotechnology Co., Ltd. reported a rebound in pesticide sales in H1 2024, but this was not enough to offset the negative impact of falling prices. Furthermore, a combination of factors such as overcapacity, sluggish demand, and harsh weather conditions has led to ongoing intensification of market competition.

This report provides an analysis of the semi-annual reports of 28 pesticide listed companies for H1 2024. By delving into the performance of representative companies over the past six months, it examines financial data such as revenue, net profit, and total assets to reveal industry trends, reduce the risks associated with strategic decision-making, and seize opportunities for industry development.

In this report, the publisher will focus on 28 selected Chinese pesticide companies' 2024 semi-annual reports and understand the current development of China's pesticide industry market from the following aspects:

  • Total revenue
  • Net profit
  • Net cash flow
  • Total assets
  • Net assets
  • R&D expenses
Products Mentioned
  • clofentezine
  • metiram
  • zineb
  • propineb
  • 10% prallethrin·meperfluthrin TKD
  • 50% imiprothrin TK
  • 6% meperfluthrin TK
  • glufosinate-ammonium
  • imazapyr
  • P-Chlorotoluene
  • yellow phosphorus
  • N-Phosphonomethyl aminodiacetic acid (PMIDA)

Table of Contents

1 Executive summary2 Methodology
3 Rankings of listed pesticide companies in China in H1 2024
3.1 Ranking by total revenue
3.2 Ranking by total asset
3.3 Ranking by net profit attributable to equity holders of the listed company
3.4 Ranking by net cash flow from operating activities
3.5 Ranking by net asset attributable to equity holders of the listed company
3.6 Ranking by R&D expense
3.7 Listed pesticide companies in China
4 Analysis of listed pesticide companies in China as of 30 June, 2024
4.1 Zhejiang Wynca Chemical Industrial Group Co., Ltd.
4.2 Nanjing Red Sun Co., Ltd.
4.3 Shenzhen Noposion Crop Science Co., Ltd.
4.4 Jiangsu Huifeng Bio Agriculture Co., Ltd.
4.5 Sino-Agri Leading Biosciences Co., Ltd.
4.6 Limin Group Co., Ltd.
4.7 ABA Chemicals Corporation
4.8 Jiangsu Yangnong Chemical Co., Ltd.
4.9 Jiangsu Flag Chemical Industry Co., Ltd.
4.10 ADAMA Ltd.
4.11 Anhui Guangxin Agrochemical Co., Ltd.
4.12 Hailir Pesticides and Chemicals Group Co., Ltd.
4.13 Lier Chemical Co., Ltd.
4.14 Nantong Jiangshan Agrochemical & Chemicals Co., Ltd.
4.15 Jiangsu Changqing Agrochemical Co., Ltd.
4.16 Sichuan Guoguang Agrochemical Co., Ltd.
4.17 Shandong Cynda Chemical Co., Ltd.
4.18 Zhejiang Qianjiang Biochemical Co., Ltd.
4.19 Jiangsu Suli Chemical Co., Ltd.
4.20 Jiangsu Fengshan Group Co., Ltd.
4.21 Hubei Xingfa Chemicals Group Co., Ltd.
4.22 Jiangsu Lanfeng Biochemical Co., Ltd.
4.23 Hunan Haili Chemical Industry Co., Ltd.
4.24 Lianhe Chemical Technology Co., Ltd.
4.25 Sichuan Hebang Bio-technology Co., Ltd.
4.26 Shandong Weifang Rainbow Chemical Co., Ltd.
4.27 Shandong Sino-Agri United Biotechnology Co., Ltd.
4.28 Beijing Nutrichem Biotechnology Co., Ltd.
List of Tables
Table 1.1-1 Major listed pesticide companies in China by revenue, H1 2024 & 2023
Table 1.2-1 Major listed pesticide companies in China by total assets as of 30 June, 2024 vs 2023
Table 1.3-1 Major listed pesticide companies in China by net profit, H1 2024 & 2023
Table 1.4-1 Major listed pesticide companies in China by net cash flow as of 30 June, 2024
Table 1.5-1 Major listed pesticide companies in China by net asset as of 30 June, 2024 vs 2023
Table 1.6-1 Major listed pesticide companies in China by R&D expense, H1 2024 & 2023
Table 1.7-1 28 Major listed pesticide companies in China, as of Sept. 2024
Table 2.1-1 Major financial performance indicators of Zhejiang Wynca, million USD
Table 2.1-2 Segment revenue of Zhejiang Wynca, H1 2024 vs H1 2023
Table 2.2-1 Major financial performance indicators of Nanjing Red Sun, million USD
Table 2.2-2 Segment revenue of Nanjing Red Sun, H1 2024 vs H1 2023
Table 2.3-1 Major financial indicators of Shenzhen Noposion, million USD
Table 2.3-2 Segment revenue of Shenzhen Noposion, H1 2024 vs H1 2023
Table 2.4-1 Major financial performance indicators of Jiangsu Huifeng, million USD
Table 2.4-2 Segment revenue of Jiangsu Huifeng, H1 2024 vs H1 2023, USD
Table 2.5-1 Major financial performance indicators of Sino-Agri Leading, million USD
Table 2.5-2 Segment revenue of Sino-Agri Leading, H1 2024
Table 2.6-1 Major financial performance indicators of Limin Group, million USD
Table 2.6-2 Segment revenue of Limin Group, H1 2024 vs H1 2023
Table 2.7-1 Major financial performance indicators of ABA CHEM, million USD
Table 2.7-2 Segment revenue of ABA CHEM, H1 2024 vs H1 2023
Table 2.8-1 Major financial performance indicators of Jiangsu Yangnong, million USD
Table 2.8-2 Segment revenue of Jiangsu Yangnong, H1 2024 vs H1 2023
Table 2.9-1 Major financial performance indicators of Flagchem, million USD
Table 2.9-2 Segment revenue of Flagchem, H1 2024 vs H1 2023
Table 2.10-1 Major financial performance indicators of ADAMA, million USD
Table 2.10-2 Segment revenue of ADAMA, H1 2024 vs H1 2023
Table 2.11-1 Major financial performance indicators of Anhui Guangxin, million USD
Table 2.11-2 Segment revenue of Anhui Guangxin, H1 2024 vs H1 2023
Table 2.12-1 Major financial performance indicators of Hailir Group, million USD
Table 2.12-2 Segment revenue of Hailir Group, H1 2024 vs H1 2023
Table 2.13-1 Major financial performance indicators of Lier Chemical, million USD
Table 2.13-2 Segment revenue of Lier Chemical, H1 2024 vs H1 2023
Table 2.14-1 Major financial performance indicators of Nantong Jiangshan, million USD
Table 2.14-2 Segment revenue of Nantong Jiangshan, H1 2024 vs H1 2023
Table 2.15-1 Major financial performance indicators of Jiangsu Changqing, million USD
Table 2.15-2 Segment revenue of Jiangsu Changqing, H1 2024 vs H1 2023
Table 2.16-1 Major financial performance indicators of Sichuan Guoguang, million USD
Table 2.16-2 Segment revenue of Sichuan Guoguang, H1 2024 vs H1 2023
Table 2.17-1 Major financial performance indicators of Shandong Cynda, million USD
Table 2.17-2 Segment revenue of Shangdong Cynda, H1 2024 vs H1 2023
Table 2.18-1 Major financial performance indicators of Qianjiang Biochemical, million USD
Table 2.18-2 Segment revenue of Qianjiang Biochemical, H1 2024 vs H1 2023
Table 2.19-1 Major financial performance indicators of Jiangsu Suli, million USD
Table 2.19-2 Segment revenue of Jiangsu Suli, H1 2024 vs H1 2023
Table 2.20-1 Major financial performance indicators of Fengshan Group, million USD
Table 2.20-2 Segment revenue of Fengshan Group, H1 2024 vs H1 2023
Table 2.21-1 Major financial performance indicators of Hubei Xingfa, million USD
Table 2.21-2 Segment revenue of Hubei Xingfa, H1 2024 vs H1 2023
Table 2.22-1 Major financial performance indicators of Jiangsu Lanfeng, million USD
Table 2.22-2 Segment revenue of Jiangsu Lanfeng, H1 2024 vs H1 2023
Table 2.23-1 Major financial performance indicators of Hunan Haili, million USD
Table 2.23-2 Segment revenue of Hunan Haili, H1 2024 vs H1 2023
Table 2.24-1 Major financial performance indicators of Lianhetech, million USD
Table 2.24-2 Segment revenue of Lianhetech, H1 2024 vs H1 2023
Table 2.25-1 Major financial performance indicators of Sichuan Hebang, million USD
Table 2.25-2 Segment revenue of Sichuan Hebang, H1 2024 vs H1 2023
Table 2.26-1 Major financial performance indicators of Weifang Rainbow, million USD
Table 2.26-2 Segment revenue of Weifang Rainbow, H1 2024 vs H1 2023
Table 2.27-1 Major financial performance indicators of Sino-Agri United, million USD
Table 2.27-2 Segment revenue of Sino-Agri United, H1 2024 vs H1 2023 USD
Table 2.28-1 Major financial performance indicators of Nutrichem, million USD
Table 2.28-2 Segment revenue of Nutrichem, H1 2024 vs H1 2023
List of Figures
Figure 1.7-1 28 Major listed pesticide companies in China by region

Companies Mentioned

  • Sichuan Guoguang Agrochemical Co., Ltd.
  • Jiangsu Huifeng Bio Agriculture Co., Ltd.
  • Jiangsu Lanfeng Biochemical Co., Ltd.
  • Nantong Jiangshan Agrochemical & Chemicals Co., Ltd.
  • Nanjing Red Sun Co., Ltd.
  • Zhejiang Wynca Chemical Industrial Group Co., Ltd.
  • Zhejiang Qianjiang Biochemical Co., Ltd.
  • Hunan Haili Chemical Industry Co., Ltd.
  • Hubei Xingfa Chemicals Group Co., Ltd.
  • Suli Co., Ltd.
  • Jiangsu Fengshan Group Co., Ltd.
  • Limin Group Co., Ltd.
  • ADAMA Ltd.
  • Lianhe Chemical Technology Co., Ltd.
  • Shenzhen Noposion Crop Science Co., Ltd.
  • Hailir Pesticides and Chemicals Group Co., Ltd.
  • Jiangsu Yangnong Chemical Co., Ltd.
  • Anhui Guangxin Agrochemical Co., Ltd.
  • Lier Chemical Co., Ltd.
  • Jiangsu Changqing Agrochemical Co., Ltd.
  • Sichuan Hebang Bio-technology Co., Ltd.
  • Shandong Cynda Chemical Co., Ltd.
  • Jiangsu Flag Chemical Industry Co., Ltd.
  • Shandong Weifang Rainbow Chemical Co., Ltd.
  • Nutrichem Co., Ltd.
  • ABA Chemicals Corporation
  • Shandong Sino-Agri United Biotechnology Co., Ltd.
  • Sino-Agri Leading Biosciences Co., Ltd.