Analysis of Listed Pesticide Companies in China in H1 2019

Report edition: 2019 edition(2)
Finished time:
Document type: PDF
Total pages : 31
Language version: English
Published by CCM
   USD 1,860
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  • Introduction
  • Main contents
  • List of tables

Description:

In H1 2019, the market competition of agrochemical industry in the globe became fiercer under the influence of complicated and changeable political and economic situation at home and abroad, and the continuous safety and environmental protection supervision. In particular, the complex situation of foreign trade, increased market pressure, climate anomaly, large exchange rate fluctuations in emerging markets and low futures price indices of major crops had led to a year-on-year decline in the prices of some major products.



The overall prices of agricultural produce in China in this period stayed at low level, and farmers' enthusiasm was lessened. So the market of pesticide formulations continued to be sluggish. On the other hand, as the national environmental protection supervision towards chemical industry brought high pressures constantly, many chemical parks had been shut down, and it was normal that production of chemical enterprises got restricted or suspended. Supply of APIs and intermediates remained tight, and the conflict between supply and demand in the pesticide market was still prominent.



In general, domestic demand for pesticides in H1 2019 had rebounded. Prices of products and their sales volume had risen. Performance of most enterprises had improved. However, affected by environmental protection clean-up, production restriction and suspension and the shortage of some pesticide intermediates, performance of some enterprises got worse.



In this report, CCM will do analysis 26 major listed pesticide companies in China in H1 2019 from the following aspects:

√ Revenue

√ Net profit

√ Net cash flow

√ Total assets

√ Pesticide business revenue (gross profit margin provided)

√ R&D expenses

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