Financial Analysis of Chinese Listed Pesticide Enterprises in H1 2024

Report edition: 2024 edition(8)
Finished time:
Document type: PDF
Total pages : 44
Language version: English
Published by CCM
   USD 780
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  • Introduction
  • Main contents
  • List of tables
  • List of figures

Description:

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, CCM 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

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