CCM listed the top 10 Chinese listed pesticide
enterprises based on pesticide revenue in H1 2016. Huapont Life Sciences Co.,
Ltd. ranked top 1 with the pesticide revenue of over USD343.96 million,
followed by Nanjing Red Sun Co., Ltd. and Beijing Nutrichem Company Limited.
The total pesticide revenue of the 10 listed pesticide enterprises in China
reached USD2.749 billion in H1 2016, down 10.45% YoY compared with that in H1
2015. 9 of them suffered a pesticide revenue decline, and 6 of them also suffered
decrease in gross profit margin in H1 2016.
Both Zhejiang Wynca Chemical Group Co.,
Ltd. (Zhejiang Wynca) and Lianhe Chemical Technology Co., Ltd. (Lianhe
Technology) suffered severe drops in their pesticide revenues in H1 2016, down 26.54%
and 23.91% YoY respectively. Zhejiang Wynca attributed this to the price fall
of glyphosate, and continuous low price of organosilicone products, as well as
the overcapacity of both products. As for Lianhe Technology, the sluggish
pesticide industry in the world and the need to reduce the inventory are the
major explanations for its decline in pesticide revenue.
Regarding the geographical position, these
10 pesticide enterprises are mainly located in the coastal areas of East China,
such as Jiangsu, Zhejiang and Shandong provinces. In detail, 4 of them are
located in Jiangsu, namely Nanjing Red Sun, Jiangsu Yangnong, Jiangsu Huifeng and
Nantong Jiangshan; Zhejiang Wynca and Lianhe Chemical are situated in Zhejiang;
Weifang Rainbow is located in Shandong. Besides, Huapont Life Sciences is
established in Chongqing (Southwest China), Beijing Nutrichem is located in Beijing
and Shenzhen Noposion is in Guangdong (South China).
If you are interested in the financial performance
of Chinese listed pesticide enterprises in H1 2016, you could have a look at
CCM’s report: Report on Financial
Performance of Chinese Listed Pesticide Enterprises in H1 2016. In this
report, you are able to find out the performance of the 33 listed pesticide
enterprises in China between H1 2012 and H1 2016, including revenue and net
profit, revenue and gross profit margin from pesticide business, primary
earnings per share, and the business structure in H1 2016 of each company.
Every client could directly talk to our
research team after choosing our report. To enquire about this report, please
email econtact@cnchemicals.com or
call +86-20-37616606.
About CCM:
CCM is the leading market intelligence
provider for China’s agriculture, chemicals, food & ingredients and life
science markets. Founded in 2001, CCM offers a range of data and content
solutions, from price and trade data to industry newsletters and customized
market research reports. Our clients include Monsanto, DuPont, Shell, Bayer,
and Syngenta. CCM is a brand of Kcomber Inc.
For more information about CCM, please
visit www.cnchemicals.com or get in
touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606.