Company Overview - Jiangsu Zhongqi Technology Co., Ltd. specializes in the research, production, and sales of pesticide products, primarily focusing on herbicides and insecticides [1][2] - The company has become a strategic supplier for multinational agrochemical companies such as Corteva (Dow DuPont), Bayer, Syngenta, and BASF [1] Financial Performance - For the third quarter of 2024, the company reported a revenue of 1.779 billion yuan, a year-on-year decrease of 10.14% [2] - The net profit for the same period was 26.5176 million yuan, reflecting a significant year-on-year decline of 86.93% [2] - The sales gross margin stood at 15.59% [2] Market Position - As of the latest data, Zhongqi's rolling price-to-earnings (PE) ratio is 188.24, significantly higher than the industry average of 46.84 and the industry median of 33.12 [1][2] - The company's total market capitalization is 2.863 billion yuan [1] Industry Recognition - Zhongqi has received several accolades, including being listed among the top 500 enterprises in China's petroleum and chemical industry in 2022 and ranking 15th in the top 50 pesticide exporters in 2023 [1]
中旗股份收盘下跌4.64%,滚动市盈率188.24倍,总市值28.63亿元