隆平高科：2024-2025业务年度总营收85.26亿元，同比降2.41%

Core Insights - The company announced a total operating revenue of 8.526 billion yuan for the period from October 1, 2024, to September 30, 2025, representing a year-on-year decrease of 2.41% [1] - The quantity of seeds sold reached 304 million kilograms, showing a year-on-year increase of 3.83% [1] - The ending inventory of goods had a book balance of 5.221 billion yuan, which is an increase of 11.11% year-on-year [1] Revenue Breakdown - Revenue from rice and corn seed sales was 1.922 billion yuan and 5.067 billion yuan, respectively, with year-on-year decreases of 0.84% and 7.75% [1] - Sales revenue for vegetable and fruit seeds, wheat, and sunflower seeds increased by 14.16%, 23.06%, and 21.52% year-on-year, respectively [1] - Revenue from miscellaneous grain seeds was 142 million yuan, reflecting a significant year-on-year decline of 32.03% [1] Inventory Insights - The ending inventory of corn seeds had a book balance of 3.529 billion yuan, indicating a substantial proportion of total inventory [1]