Core Viewpoint - Shandong Agricultural University Fertilizer Technology Co., Ltd. (Nongda Technology) was listed on the Beijing Stock Exchange, with a closing price of 52.89 yuan, marking a 111.56% increase from its opening price of 49.90 yuan, and a total market capitalization of 4.02 billion yuan [1]. Group 1: Company Overview - Nongda Technology specializes in the research, production, sales, and technical services of new fertilizers and intermediate products [1]. - The company is controlled by Mingquan Investment, with Ma Xuewen and his associate Mark holding a combined 76.10% of the shares prior to the issuance [1]. - After the issuance, Ma Xuewen and Mark still control 60.08% of the shares, with Ma serving as Chairman and General Manager, and Mark as a Director and Secretary of the Board [1]. Group 2: Financial Performance - The company reported a total revenue of 149,454.60 million yuan for the first half of 2025, a decline from previous years: 236,319.15 million yuan in 2024, 263,742.14 million yuan in 2023, and 267,560.38 million yuan in 2022 [5]. - Net profit for the first half of 2025 was 12,564.94 million yuan, compared to 14,528.27 million yuan in 2023 and 10,122.45 million yuan in 2022 [5]. - The company’s cash flow from operating activities showed a net cash flow of 10,599.80 million yuan in 2022, which decreased to 2,499.37 million yuan in the first nine months of 2025 [7][8]. Group 3: Future Projections - For the fiscal year 2025, Nongda Technology expects to achieve revenue between 220,000.00 million yuan and 240,000.00 million yuan, reflecting a potential decrease of 6.91% to an increase of 1.56% compared to 2024 [9][10]. - The projected net profit for 2025 is estimated to be between 14,000 million yuan and 16,000 million yuan, indicating a possible decline of 3.64% to an increase of 10.13% from the previous year [9][10].
农大科技上市募4亿首日涨111.6% 营收连降两年三季