Origin Agritech LTDSEED
What Origin Agritech LTD does.
Origin Agritech Limited, along with its subsidiaries, is focused on agricultural biotechnology, operating in the PRC. Our seed research and development activities specialize in crop seed breeding and genetic improvement. Origin believes that it has built a solid capacity for seed breeding technologies, including marker-assisted breeding and doubled haploids gene editing and GMO technologies, which it believes, along with its rich germplasm resources, will allow it to become a significant seed technology company in China.
We built an agricultural biotechnology research center in 2005 and have been leading the development of biotechnology among crop seed companies in China since then. We have established plant genetic engineering technology platforms, including transforming herbicide tolerance, insect resistance, nitrogen utilization efficiency, and drought stress olerance traits into corn inbred lines. Of note, we made significant strides in developing our exclusive herbicide tolerance, insect resistance and phytase products, and recently drought resistant products. In November 2009, our genetically modified phytase corn received the Bio-Safety Certificate from China’s Ministry of Agriculture and Rural Affairs (“MARA”). This was the world’s first genetically modified phytase corn and also the first genetically modified corn seed product in China. The certificate was renewed by MARA in January 2015. We believe we have established a substantial seed product and germplasm pipeline.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $52.5M | $46.4M | $52.6M | $93.3M | $113.4M | $91.3M |
| Net income | -$85.3M | -$91.5M | -$6.3M | $55.3M | $20.7M | -$53.3M |
| Free cash flow | -$5.6M | -$25.8M | $2.7M | -$14.4M | -$20.0M | -$34.1M |
More on SEED.
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Figures from Origin Agritech LTD's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.