Showing posts with label net profit. Show all posts
Showing posts with label net profit. Show all posts

Monday, March 3, 2014

Find Hot News in Seed China News 1401

Published on the 31th every month, Seed China News  is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of seed market dynamics, analyze the market data and trends. Major columns include market dynamic, company dynamic, raw material supply, price update, import & export analysis, consumption trend & competitiveness.

The State Council of the People's Republic of China (State Council) issued an announcement titled Opinions on Deepening the Reform of Crop Seed System to Increase Innovation Capability on its portal. The statement is expected to mature into specific guidelines for the future development of China's seed industry.
In 2013/2014, rapeseed growing in Anhui has been influenced by factors both favorable (improved varieties, abundant rainfall from late August to mid September) and unfavorable (inadequate protectionist policies, comparatively low mechanization and weak agricultural infrastructure).
Corn seed producers have gradually adopted terminal sales, a more streamlined sales channel that has already become a new marketing trend for corn seeds.
Despite a clear decrease in acreage nationally, and lower yields in southern China, the oversupply of hybrid rice seeds will not be significantly alleviated in 2014. In addition, China's total rice acreage will likely drop in 2014, on account of farmers' diminished profits and consequent weak enthusiasm.
This article presents and briefly comments on the first five (out of ten) important events in China's seed industry in 2013.
Origin's operating profit and net profit rose significantly in the fiscal year of 2013, despite a decline in revenue.
On 27 Dec. 2013, the MOA officially issued the new edition of Examination And Approval Measures for Main Crop Varieties, with five major changes from the current edition: examination items were added, the certification process has been simplified, certification standards have been raised, exclusion mechanisms were strengthened and the opening of a Green Channel.
Space mutation breeding will certainly enable China's agriculture to develop, since it features shorter breeding periods, high probability of mutation, ability of improving crop yields, better seed quality, among other advantages.
Throughout the year 2013, Heilongjiang soybean market was almost continuously depressed, mainly in view of the sluggish soybean demand, the low prices, the continuous losses for soybean oil refineries, and the continuous decline of the soybean acreage.
The increasing tomato acreage has underpinned the seed market in Heilongjiang, whilst the competition is rather intense among different tomato varieties in the local market.

About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Find Hot News in Crop Protection Monthly Report 1401

Published on the 15th & 31th every month, Crop Protection China News is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Crop market dynamics, analyze the market data and trends. Major columns include companies' current dynamics and market situation, a close watch of government policies and regional dynamics.

As of 31 Dec., 2013, the number of new insecticide technical registrations approved in 2013 was 92, covering 45 insecticide active ingredients.
The new registrations and registered varieties of fungicide technical decreased in 2013
Registration details for herbicide technicals approved in 2013
The 325 new registrations of pesticide technicals approved in 2013 in China were obtained by 158 enterprises as registrants.
According to information released by the ICAMA on 31 Dec., 2013, there were 325 new registrations of pesticide technicals (including pesticide TK) approved in China in 2013 (renewal excluded)

About CCM

As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact:  Email: econtact@cnchemicals.com    Tel: 86-20-37616606     Fax: 86-20-37616968


Monday, January 6, 2014

Find Hot News in Seed China News 1312

Inner Mongolia's grass industry confronted with challenges

Inner Mongolia's grass industry has been confronted with several challenges, such as grassland degradation year by year, Lagging artificial grassland construction, insufficient pasture supply versus increasing livestock number and frequent occurrence of natural disasters.

Analysis on China's cotton seed market from industrial chain perspective

A series of unfavorable factors, such as the implementation of the throwing Reserve policy, high inventory, sluggish downstream consumption, price gap of domestic and international cotton, increasing larbors costs, etc., would be delivered to domestic cotton growing, or even the upstream industry chain——cotton seed industry in 2013/2014.

Analysis on corn variety Demeiya

The Demeiya (德美亚) series, an early-maturing corn variety, has been widely planted in the northern part of Heilongjiang Province. Starch processing enterprises and feed processing enterprises are cautious regarding the use of Demeiya corn, mainly due to its hard grain and high content of colloid.

Oversupply in China's corn seed market and revelations from it

China's corn seed industry has been struggling with oversupply, which has largely been caused by the blind expansion of companies, the inadequate protection of intellectual property rights and the influx of hot money into the seed industry. There are several revelations from the oversupply.

Brief introduction of Guangdong corn seed market

Guangdong is an increasingly important sweet corn seed market in China, featuring different varieties such as Kupula(库普拉), Shuangsexianmi (双色先蜜), Xiantian5 (先甜5号), and others.

Winall Hi-tech to establish three subsidiaries

Winall Hi-tech is going to establish three subsidiaries, seeking to expand its existing seed businesses and improve its performance.

GM foods overly rejected in China

GM foods have been overly rejected in China, but the need for GM crops depends on people's lifestyles.

Cooperation between seed enterprises and research institutes: undesirable

Cooperation between research institutes adhering to the planned economy and seed enterprises heading for the market economy cannot be a success due to the contrasting philosophies of the two sides, which causes seed enterprises to give up technological innovation, and to become a permanent "seed supermarket" instead.

Policy on grain purchasing and subsidy implemented again

Measures for the Administration of Subsidies on the Purchasing Cost of Newly Produced Japonica Rice and Corns in Northeast China released in late Nov. 2013 is expect to stabilize japonica rice prices and boost corn prices in the near future.

Beidahuang Kenfeng terminates cooperation with SOPO on backdoor listing

Beidahuang Kenfeng has given up on a backdoor listing and has instead applied for an IPO to get listed, probably owing to the adjustment of the necessary requirements for a listing. 

About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Find Hot News in Crop Protection Monthly Report 1312

Registered Chinese herbs used as pesticides

Over the past decade, a part of China-specific botanical pesticides have been registered, such as neochamaejasmin, physcion, curcumol, D-catechin, triptolide and cnidiadin

Potential pesticide ingredients developed by China are to enter market in the future

More new pesticide ingredients developed by China are expected to enter the market

Introduction to self-developed herbicides by China with valid registrations

Only two registrations of self-developed herbicides are valid according to the statistics released by the ICAMA on 26 Nov., 2013.

18 self-developed pesticides without renewal of technical registrations

There have been 18 self-developed pesticides by China with expired registrations of technical as of Nov. 2013

Introduction to self-developed insecticides by China with valid registrations

There are 8 insecticide ingredients with valid technical registrations in China at present

Introduction to self-developed fungicides by China with valid registrations

There have been approximately 18 fungicide ingredients whose technical registrations are within valid duration, according to information released by the ICAMA on 26 Nov., 2013

Pesticide innovation in China

China has been reinforcing the guidance for domestic pesticide innovation since 1995 


About CCM

As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact :  Email: econtact@cnchemicals.com    Tel: 86-20-37616606     Fax: 86-20-37616968

Monday, December 2, 2013

Find Hot News in Seed China News 1311

Following are headline news of the latest issue of Seed China News:
ZARD makes new round of business acquisitions
ZARD recently announced to purchase two seed companies namely China Farm Good-Seed and Shanxi Luyu, marking its great ambition to further expand its seed businesses.
Soybean cultivation in China: advantages and strategies
China's non-GM soybean planting, which provides safer sources of food for human beings and alleviates the pressure on the environment, should be enhanced by employing science and technology, rationally allocating different varieties, expanding soybean processing industries and distributing higher subsidies.
Planting of open-pollinated rice on the rise in Guangxi
The acreage of open-pollinated rice in Guangxi has increased in 2013, with some popular varieties such as Liuxiangzhan, Yuwanzhan, Shanglinsimiao and Xiangzhouyouzhan.
Introduction to Heilongjiang cucumber seed market
This year cucumber seeds overall fetched good sales in Heilongjiang market; leading varieties are mainly from Tianjin Kernel and Tianjin Derit; sales of Heilongjiang cucumbers is confronted with difficulties in long-range transportation, and threats from cucumbers grown in other regions.
Watermelon seeds selling well in Guangxi 2013
Increased watermelon acreage in Guangxi boosted seed sales in 2013; good sales of watermelon this year further shored up Guangxi watermelon seed market for the next planting season.
Genetic modification back in focus
61 academics wrote a letter calling for the commercialization of GM grain crops, once again making genetic modification the focus of public attention in China.
Depressed corn seed market in 2013
Domestic corn seed market has been stuck in oversupply with high inventories for two consecutive years; Zhengdan958 and Xianyu335 are still the leading corn varieties in the market; In China hundreds of corn varieties pass the variety approval every year but most plagiaristic corn varieties are short-lived and marginalized; Domestic corn seed market is deluged with fake-licensed seeds, causing continuous decrease of seed prices; Foreign corn varieties see steady growth in acreage.
Typhoon Haiyan hits breeding and seed production bases in Hainan
Typhoon Haiyan caused heavy losses on winter breeding and seed production facilities in Hainan, and exposed the serious need for an insurance system for the domestic seed industry.
Forage crop acreage rises but forage seed industry lags behind
Acreage proportion of forage crops has seen sustained growth in China due to growing demand. However, the development, production and promotion of forage seeds is lagging behind.
Shandong tomato seed market in 2013 - Overview
Growing of large red tomatoes is stable in Shandong, while pink TYLCV-resistant tomatoes show an acreage growth this year; the Qidali variety leadership in Shandong's large red tomato seed market goes unshaken, while pink tomato varieties find themselves in intense competition; selling prices of large red TYLCV-resistant tomato seeds have fallen this year, unlike pink TYLCV-resistant tomato seeds; abnormal weather in July and August undermined the resistance of several tomato varieties to TYLCV and root-knot nematodes, and will likely harm tomato seeds sales next year.


About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Find Hot News in Crop Protection Monthly Report 1311

Top 30 pesticide formulations companies announced
The China Crop Protection Industry Association issued the China Top 30 Pesticide Formulations Companies List.
Some companies could not keep their ranking
Some companies unavoidably suffer decline in ranking and even some failed to remain in the latest list
15 companies keep their places in the top 20 for the past three years
High positions of the three Top 100 Lists, from 2011 to 2013, were occupied mainly by 15 companies.
Top 100 companies' progress and challenges
It is still a long way for these top 100 companies in China to catch up with advanced international agrochemical companies
Geographical distribution changes in the top 100
Jiangsu Province, Zhejiang Province and Shandong Province are the top three pesticide provinces in which a significant number of enterprises concentrate.
Top 100 pesticide companies' revenue rising fast
The three Top 100 Lists from 2011 to 2013 show the significant improvement in the performance of the ranked companies as a whole.
CCPIA announces the Top 100 pesticide companies in China
The CCPIA issued 2013 China's Top 100 Pesticide Manufacturers List.
M&A and pesticide industry recovery boost Top 100 growth
80 companies appeared in both the 2011 and 2013 Top 100 Lists, and out of those, 78 experienced revenue growth from 2010 to 2012.



About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.
Contact
:  Email: econtact@cnchemicals.com    Tel: 86-20-37616606     Fax: 86-20-37616968

Tuesday, October 8, 2013

Find Hot News in Crop Protection Monthly Report 1309

Reinforce R&D investment and cooperation in bio-pesticide industry
China has been reinforcing R&D investment on bio-pesticides and strengthening the cooperation among enterprises, institutes and universities
Application for bio-pesticide registration to be simplified
In recent years, some procedures and the submitted materials which are relatively unimportant for bio-pesticide registration are allowed to be remitted gradually in China
Development of organic, green, unpolluted food facilitates bio-pesticides
The huge market of bio-pesticides mainly lies in the food safety besides environment protection.
Government continues to subsidize bio-pesticides
In April 2013, the MOA issued a central policy document, which stated that China would continue to carry out project of subsidizing policy about using bio-pesticides and other low-toxic pesticides in some provinces as demonstrating area in 2013
Bio-pesticides in China: product structure and industry's dynamic
Abamectin still captures most of China's bio-pesticide market shares.
It's an uphill battle for domestic companies in the bio-pesticide business
Of bio-pesticide manufacturers in China, most are small-scale, engaged in the production of generic products with low profit margins, and with limited R&D abilities.
Bio-pesticides to seize opportunity during pesticides' upgrading process
Bio-pesticides are supposed to grab the opportunity on the upgrading process of the pesticide industry.
China's bio-pesticide industry cannot keep up with pesticides in general
China's bio-pesticide industry is in fast development and has shown promising prospects.


About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.
Contact
:  Email: econtact@cnchemicals.com    Tel: 86-20-37616606     Fax: 86-20-37616968

Find Hot News in Seed China News 1309

Following are headline news of the latest issue of Seed China News:
Pod pepper seed market sluggish in southern China
The pod pepper seed market at present is sluggish in southern China, mainly owing to the decrease in pod pepper acreage and the low seed price caused by the deluge of similar varieties.
Status quo of corn planting and corn seed industry in Shanxi
Corn has become the largest crop by acreage in Shanxi and Xianyu335 has become the dominant variety whose acreage in the province has kept increasing since 2008. However, the limitations of breeding system and the intense competition together give rise to the flood of highly imitative and counterfeit seeds into the local market and a decline of Shanxi's status in the domestic seed market over the past ten years.
Wheat variety Huaimai33 bid at highest price among all wheat variety transactions in China
Jiangsu Mingtian won a bid for Huaimai33, a new wheat variety bred by Huai'an Institute of Agricultural Science, at the price of USD1.67 million, the highest among all wheat variety transactions in China.
Guangxi: rice acreage shrinks and competition rises among seed suppliers
Guangxi has seen an overall decline in rice acreage in the past few years and the competition is becoming intense among rice seed suppliers.
TYLCV-resistant tomato: resistance declines under abnormal climates in early autumn
TYLCV (tomato yellow leaf curl virus)-resistant tomato varieties in China widely show a resistance decline to TYLCV this year, mainly due to the continuing droughts with high temperatures above 35℃ at the beginning of autumn this year.
Dairy enterprises tend to engage in alfalfa planting
Domestic dairy enterprises tend to build their own alfalfa planting bases to guarantee the sufficient supply of forage grass and achieve the whole industry chain operation.
Position of Jiangsu Dahua rising in seed industry
Jiangsu Dahua Seed Group Co., Ltd. (Jiangsu Dahua), a prominent open-pollinated seed supplier, was recently listed as one of the top ten seed enterprises in China.
China's soybean import in Aug. 2013 sees 44.1% YoY growth
China's import volume of soybean reached 6.37 million tonnes in Aug. 2013, up 44.1% year on year.
Hybrid corn variety Liangyu99 witnesses rapid growth in Northeast China
Liangyu99, an excellent hybrid corn variety promoted by Denghai Liangyu, has seen a rapid growth in Northeast China's corn growing regions, mainly relying on its outstanding traits covering lodging resistance, leaf spot resistance and high yield.
Henan Qiule begins sales of improved variety of Zhengdan958
Henan Qiule is going to strengthen the production and marketing of P-type Zhengdan958, an improved breed of the leading corn variety Zhengdan958.


About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Thursday, September 26, 2013

Huapont-Nutrichem's pesticide business performs well in H1 2013


As disclosed in Huapont-Nutrichem's 2013 semi-annual report, the company's revenue of pesticide products reached approximately USD270.60 million, with a year-on-year increase of 20.60%, accounting for 77.10% of the total revenue. Notably, the pesticide business has become the largest business of Huapont-Nutrichem at present. Besides, the gross profit margin of the company's pesticide products was 16.19%, up 23.19% year on year, which also made a significant contribution to the company's net profit in H1 2013. The year-on-year growth rate of the gross profit margin of the company's pesticide products took the first place of all its major businesses.

It is worth noting that, as main products of the company's pesticide business, herbicides have contributed a lot for the good performance of Huapont-Nutrichem in H1 2013. Specifically, the revenue of metamitron products sharply increased by 90.82% year on year to USD33.33 million, accounting for 12.32% of the total revenue of the company's pesticide business in H1 2013, with a relatively high gross profit margin of 32.24%. Also, the revenue of 2,4-D witnessed a year-on-year growth rate of 57.39% during the period, reaching USD10.00 million.

On the whole, in H1 2013, Huapont-Nutrichem's total revenue reached about USD350.99 million, increasing by 19.63% compared with that in the same period of last year. Its net profit was USD25.95 million, with a sharp year-on-year decline of 30.27%. The decline was mainly attributed to the non-recurring items. The net profit excluding the non-recurring gains or losses should be USD27.64 million, with a year-on-year increase of 11.42%. In H1 2012, the company earned a profit of USD15.36 million (RMB94.80 million) from the company's investment on the shares of Western Securities, while it got no profit from this investment in H1 2013.   
                                                                                  Huapont-Nutrichem predicts that the company's net profit is likely to be USD30.04 million-USD45.07 million (RMB185.45 million-RMB278.18 million) in the first three quarters of 2013, down 10.00%-40.00% compared with that in the same period of last year. The reason of the decline is that the company will earn no profit on the investment of holding shares of Western Securities in Q1-Q3 2013 but in Q1-Q3 2012 it did. However, the company also explained that its net profit excluding the non-recurring items may enjoy a year-on-year growth of 0.00%-20.00% in the first three quarters of 2013.

Table of Contents of Herbicides China News 1309:
Huapont-Nutrichem's pesticide business performs well in H1 2013
Lier Chemical's net profit up 54.82% YoY in H1 2013
Noposion to cooperate with Makhteshim Agan
Market demand for ametryn sees a growth in China
China's 2,4-D esters market may stagnate
China's dicamba price maintains an uptrend
Gross margin of pesticide intermediates industry slips in H1 2013
Ex-works prices of amide herbicides maintain stable in Jan.-Aug. 2013
Export price of China's paraquat continues to increase in Jan.-May 2013
China's fomesafen exports soars in H1 2013
Registrations of clodinafop-propargyl soar in Jan.-Aug.2013


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