Financial Analysis of Chinese Listed Pesticide Enterprises in 2022 03-01-2023

Since 2021, China's agrochemical industry has faced varied changes. Firstly, production of agrochemical products gets restricted or suspended, in part due to the tightened domestic policies of energy restriction; secondly, producers' profitability was affected by the price hikes of raw materials resulted from unsettled COVID-19 pandemic and geopolitical crisis; last but not least, concerns on food security have arisen, which boosted the demand for global agricultural products in bulks, as well as the use of pesticides and fertilisers. So the impacts have followed on the sales of agrochemical enterprises in China.

Against this backdrop, most China's pesticide technical producers enjoyed positive results in 2022, especially in herbicides. Although some products proceeded with high prices to Q3 2022, the pesticide market resumed to normal state on the whole, seeing a steady downtrend in price. In Q4 2022, because the prices of pesticides decreased to a low level, and the demands for agrochemical products saw no surge as expected, plus some producers diminishing their operation rate, the revenue in Q4 slackened off. Combining with Q4 as the off-season for pesticides (both technical and formulations), the performance in Q1–Q3 can reflect the general trend of China's pesticide industry.

By analysing the H1 and Q3 reports of the selected listed pesticide companies, along with some freshly-out performance projections for 2022, CCM will analyse 26 major listed pesticide companies in China in Q1–Q3, 2022 from the following aspects:
√ Total revenue
√ Net profit
√ Net cash flow

√ Total assets




Main contents:

No. Content


Methodology

Executive summary
1 Rankings of listed pesticide companies in China in Q1–Q3 2022
1.1 Listed pesticide companies in China
1.2 Ranking by total revenue
1.3 Ranking by net profit attributable to equity holders of the listed company
1.4 Ranking by net cash flow from operating activities
1.5 Ranking by total asset
1.6 Ranking by net asset attributable to equity holders of the listed company
1.7 Ranking by R&D expense
2 Analysis of listed pesticide companies in China as of Jan. 2023
2.1 Sichuan Guoguang Agrochemical Co., Ltd.
2.10 Suli Co., Ltd.
2.11 Jiangsu Fengshan Group Co., Ltd.
2.12 Limin Group Co., Ltd.
2.13 ADAMA Ltd.
2.14 Lianhe Chemical Technology Co., Ltd.
2.15 Shenzhen Noposion Agrochemicals Co., Ltd.
2.16 Hailir Pesticides and Chemicals Group Co., Ltd.
2.17 Jiangsu Yangnong Chemical Co., Ltd.
2.18 Anhui Guangxin Agrochemical Co., Ltd.
2.19 Lier Chemical Co., Ltd.
2.2 Jiangsu Huifeng Bio Agriculture Co., Ltd.
2.20 Jiangsu Changqing Agrochemical Co., Ltd.
2.21 Sichuan Hebang Bio-technology Co., Ltd.
2.22 Shandong Cynda Chemical Co., Ltd.
2.23 Jiangsu Flag Chemical Industry Co., Ltd.
2.24 Shandong Weifang Rainbow Chemical Co., Ltd.
2.25 ABA Chemicals Corporation
2.26 Sino-Agri Leading Biosciences Co., Ltd.
2.3 Jiangsu Lanfeng Biochemical Co., Ltd.
2.4 Nantong Jiangshan Agrochemical & Chemicals Co., Ltd.
2.5 Nanjing Red Sun Co., Ltd.
2.6 Zhejiang Wynca Chemical Industrial Group Co., Ltd.
2.7 Zhejiang Qianjiang Biochemical Co., Ltd.
2.8 Hunan Haili Chemical Industry Co., Ltd.
2.9 Hubei Xingfa Chemicals Group Co., Ltd.


List of tables:

Table No. Table Title
Table 1.1-1 26 Major listed pesticide companies in China, as of Jan. 2023
Table 1.2-1 Major listed pesticide companies in China by revenue, Q1–Q3 2022 vs Q1–Q3 2021 & 2021
Table 1.3-1 26 Major listed pesticide companies in China by net profit, Q1–Q3 2022 vs Q1–Q3 2021 & 2021
Table 1.4-1 26 Major listed pesticide companies in China by net cash flow Q1–Q3 2022 vs Q1–Q3 2021
Table 1.5-1 Major listed pesticide companies in China by total assets as of 30 Sept., 2022 vs 2021
Table 1.6-1 Major listed pesticide companies in China by net asset as of 30 Sept., 2022 vs 2021
Table 1.7-1 Major listed pesticide companies in China by R&D expense, Q1–Q3 2022 vs Q1–Q3 2021 & 2021
Table 2.1-1 Major financial performance indicators of Sichuan Guoguang, million USD
Table 2.1-2 Segment revenue of Sichuan Guoguang, H1 2022 vs H1 2021
Table 2.2-1 Major financial performance indicators of Jiangsu Huifeng, million USD
Table 2.2-2 Segment revenue of Jiangsu Huifeng, H1 2022 vs H1 2021, USD
Table 2.3-1 Major financial performance indicators of Jiangsu Lanfeng, million USD
Table 2.3-2 Segment revenue of Jiangsu Lanfeng, H1 2022 vs H1 2021
Table 2.4-1 Major financial performance indicators of Nantong Jiangshan, million USD
Table 2.4-2 Segment revenue of Nantong Jiangshan, H1 2022 vs H1 2021
Table 2.5-1 Major financial performance indicators of Nanjing Red Sun, million USD
Table 2.5-2 Segment revenue of Nanjing Red Sun, H1 2022 vs H1 2021
Table 2.6-1 Major financial performance indicators of Zhejiang Wynca, million USD
Table 2.6-2 Segment revenue of Zhejiang Wynca, H1 2022 vs H1 2021
Table 2.7-1 Major financial performance indicators of Qianjiang Biochemical, million USD
Table 2.7-2 Segment revenue of Qianjiang Biochemical, H1 2022 vs H1 2021
Table 2.8-1 Major financial performance indicators of Hunan Haili, million USD
Table 2.8-2 Segment revenue of Hunan Haili, H1 2022 vs H1 2021
Table 2.9-1 Major financial performance indicators of Hubei Xingfa, million USD
Table 2.9-2 Segment revenue of Hubei Xingfa, H1 2022 vs H1 2021
Table 2.10-1 Major financial performance indicators of Jiangsu Suli, million USD
Table 2.10-2 Segment revenue of Jiangsu Suli, H1 2022 vs H1 2021
Table 2.11-1 Major financial performance indicators of Jiangsu Fengshan, million USD
Table 2.11-2 Segment revenue of Jiangsu Fengshan, H1 2022 vs H1 2021
Table 2.12-1 Major financial performance indicators of Limin Group, million USD
Table 2.12-2 Segment revenue of Limin Group, H1 2022 vs H1 2021
Table 2.13-1 Major financial performance indicators of ADAMA, million USD
Table 2.13-2 Segment revenue of ADAMA, H1 2022 vs H1 2021
Table 2.14-1 Major financial performance indicators of Lianhetech, million USD
Table 2.14-2 Segment revenue of Lianhetech, H1 2022 vs H1 2021
Table 2.15-1 Major financial indicators of Shenzhen Noposion, million USD
Table 2.15-2 Segment revenue of Shenzhen Noposion, H1 2022 vs H1 2021
Table 2.16-1 Major financial performance indicators of Hailir Group, million USD
Table 2.16-2 Segment revenue of Hailir Group, H1 2022 vs H1 2021
Table 2.17-1 Major financial performance indicators of Jiangsu Yangnong, million USD
Table 2.17-2 Segment revenue of Jiangsu Yangnong, H1 2022 vs H1 2021
Table 2.18-1 Major financial performance indicators of Anhui Guangxin, million USD
Table 2.18-2 Segment revenue of Anhui Guangxin, H1 2022 vs H1 2021
Table 2.19-1 Major financial performance indicators of Lier Chemical, million USD
Table 2.19-2 Segment revenue of Lier Chemical, H1 2022 vs H1 2021
Table 2.20-1 Major financial performance indicators of Jiangsu Changqing, million USD
Table 2.20-2 Segment revenue of Jiangsu Changqing, H1 2022 vs H1 2021
Table 2.21-1 Major financial performance indicators of Sichuan Hebang, million USD
Table 2.21-2 Segment revenue of Sichuan Hebang, H1 2022 vs H1 2021
Table 2.22-1 Major financial performance indicators of Shandong Cynda, million USD
Table 2.22-2 Segment revenue of Shangdong Cynda, H1 2022 vs H1 2021
Table 2.23-1 Major financial performance indicators of Flagchem, million USD
Table 2.23-2 Segment revenue of Flagchem, H1 2022 vs H1 2021
Table 2.24-1 Major financial performance indicators of Weifang Rainbow, million USD
Table 2.24-2 Segment revenue of Weifang Rainbow, H1 2022 vs H1 2021
Table 2.25-1 Major financial performance indicators of ABA CHEM, million USD
Table 2.25-2 Segment revenue of ABA CHEM, H1 2022 vs H1 2021
Table 2.26-1 Major financial performance indicators of Sino-Agri Leading, million USD
Table 2.26-2 Segment revenue of Sino-Agri Leading, H1 2022 vs H1 2021


List of figures:

Figure No. Figure Title
Figure 1.1-1 26 Major listed pesticide companies in China by region



About CCM:

CCM is the leading market intelligence provider for China’s agriculture, chemicals, food & feed and life science markets. Founded in 2001, CCM offers a range of content solutions, from price and trade analysis to industry newsletters and customized market research reports. 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.



Subscribe to our Newsletter



Next Press