SuKen Agriculture(SH:601952) Shen Zhen Shang Bao·2025-07-18 14:00Core Viewpoint - Jiangsu Agricultural Development Co., Ltd. (referred to as "Company") reported a decline in performance for the first half of 2025, primarily due to the continued low prices of major agricultural products such as rice and wheat, leading to reduced profit margins [1][2]. Financial Performance Summary - The Company achieved operating revenue of 4.588 billion yuan, a decrease of 468 million yuan, representing a decline of 9.26% compared to the same period last year [1]. - The net profit attributable to the parent company was 213 million yuan, down by 81.76 million yuan, a decline of 27.72% year-on-year [1]. - The net profit after deducting non-recurring gains and losses was 175 million yuan, a decrease of 80.32 million yuan, reflecting a decline of 31.40% compared to the previous year [1]. - Basic earnings per share were 0.15 yuan, a year-on-year decrease of 28.57%, with a weighted average return on equity of 3.08%, down by 1.32 percentage points [1]. Business Operations Summary - The Company's main business involves the cultivation of crops such as rice and wheat, with a significant portion of the agricultural products sold as raw grains and the rest processed into seeds, rice, and malt [2]. - The Company possesses approximately 1.2 million acres of arable land, showcasing significant advantages in large-scale cultivation [2]. - With the advancement of the summer grain purchasing season and a new round of agricultural material price adjustments, there is potential for marginal improvement in performance in the second half of the year [2]. Market Performance Summary - On July 18, the Company's stock closed at 9.81 yuan per share, with a total market capitalization of 13.518 billion yuan [3].