SHENNONG SEED(SZ:300189) Xin Lang Cai Jing·2025-10-31 11:37Core Viewpoint - Shennong Agricultural Industry is a significant player in the domestic seed industry, focusing on hybrid rice seed-related businesses and possessing technological advantages in crop variety innovation [1] Business Performance - For Q3 2025, Shennong Agricultural Industry reported revenue of 159 million, ranking 7th in the industry, significantly lower than the top company, Nongfa Seed Industry, which had revenue of 3.68 billion, and the second-ranked Longping High-Tech with 2.84 billion [2] - The net profit for the same period was 18.81 million, placing it 5th in the industry, below the leading Dunhuang Seed Industry's 113 million and Nongfa Seed Industry's 87.51 million, but above the industry average loss of 9.46 million [2] Financial Ratios - As of Q3 2025, Shennong Agricultural Industry's debt-to-asset ratio was 37.40%, an increase from 20.55% year-on-year, but still below the industry average of 42.75% [3] - The gross profit margin for Q3 2025 was 43.45%, down from 45.98% year-on-year, yet higher than the industry average of 25.22% [3] Executive Compensation - The chairman, Cao Oujie, received a salary of 616,300 for 2024, a slight increase from 616,300 in 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 8.84% to 75,500, while the average number of circulating A-shares held per shareholder increased by 9.69% to 11,700 [5] - Notably, Shenwan Hongyuan Securities Co., Ltd. exited the list of the top ten circulating shareholders [5]