Origin Agritech Limited (SEED)

Origin Agritech Income Statement

Financials in millions CNY. Fiscal year is October - September.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	113.38	93.31	52.58	46.43	52.51
Revenue Growth (YoY)	21.51%	77.46%	13.26%	-11.59%	-43.19%
Cost of Revenue	97.31	76.06	36.39	33.61	49
Gross Profit	16.07	17.25	16.19	12.81	3.51
Selling, General & Admin	42.27	22.59	21.66	78.88	62.89
Research & Development	10.13	7.45	7.43	1.98	4.12
Operating Expenses	52.39	30.03	29.09	80.86	67.01
Operating Income	-36.32	-12.79	-12.9	-68.04	-63.49
Interest Expense	-1.51	-0.98	-8.23	-8.56	-5.8
Other Non Operating Income (Expenses)	57.05	10.77	26.34	25.53	0.96
EBT Excluding Unusual Items	19.21	-3	5.22	-51.08	-68.33
Gain (Loss) on Sale of Investments	-0.2	-1.49	-2.91	-5.96	-5.99
Gain (Loss) on Sale of Assets	-	69.53	-	-	-
Asset Writedown	-0.28	-2.2	-	-69.87	-28.09
Pretax Income	18.74	62.83	2.31	-126.9	-102.42
Income Tax Expense	0.06	0.16	-0.01	0.18	0.43
Earnings From Continuing Operations	18.68	62.67	2.33	-127.08	-102.84
Net Income to Company	18.68	62.67	2.33	-127.08	-102.84
Minority Interest in Earnings	2.03	-7.34	-8.59	35.55	17.58
Net Income	20.71	55.33	-6.27	-91.53	-85.26
Net Income to Common	20.71	55.33	-6.27	-91.53	-85.26
Net Income Growth	-62.57%	-	-	-	-
Shares Outstanding (Basic)	6	7	6	6	5
Shares Outstanding (Diluted)	6	7	6	6	5
Shares Change (YoY)	-1.48%	13.67%	2.77%	11.70%	20.20%
EPS (Basic)	3.21	8.45	-1.09	-16.29	-16.95
EPS (Diluted)	3.20	8.43	-1.09	-16.29	-16.95
EPS Growth	-62.04%	-	-	-	-
Free Cash Flow	-20	-14.37	2.67	-26.79	-5.62
Free Cash Flow Per Share	-3.09	-2.19	0.46	-4.77	-1.12
Gross Margin	14.17%	18.48%	30.80%	27.60%	6.69%
Operating Margin	-32.04%	-13.70%	-24.53%	-146.57%	-120.91%
Profit Margin	18.27%	59.30%	-11.92%	-197.16%	-162.36%
Free Cash Flow Margin	-17.64%	-15.40%	5.08%	-57.71%	-10.69%
EBITDA	-33.56	-8.85	-9	-59.77	-52.88
EBITDA Margin	-29.60%	-9.49%	-17.11%	-128.73%	-100.70%
D&A For EBITDA	2.76	3.94	3.9	8.28	10.61
EBIT	-36.32	-12.79	-12.9	-68.04	-63.49
EBIT Margin	-32.04%	-13.70%	-24.53%	-146.57%	-120.91%
Effective Tax Rate	0.33%	0.26%	-	-	-

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q