Financials · SEED

Origin Agritech Limited (SEED) financials

For fiscal 2025 (ended Sep 30, 2025), Origin Agritech Limited reported CN¥91.29M of revenue and -CN¥53.33M of net income. Figures are in CNY, the currency of its SEC filings.

Revenue, FY2025
CN¥91.29M
Revenue growth, YoY
-19.5%
Net income, FY2025
-CN¥53.33M
Net margin
-58.4%
Free cash flow, FY2025
-CN¥34.07M
EPS, diluted, FY2025
-CN¥7.12
Cash
CN¥15.88M
Total debt
CN¥18.44M
Annual revenueCN¥91.29M
FY2016FY2025
Annual net income-CN¥53.33M
FY2016FY2025
Annual free cash flow-CN¥34.07M
FY2016FY2025

SEED revenue and earnings growth

SEED revenueFY2025CN¥91.29M

FY YoY
-19.5%
5Y CAGR
+11.7%
10Y CAGR
+77.0%

SEED revenue was CN¥91.29M for fiscal 2025 (ended Sep 30, 2025), down 19.5% from fiscal 2024. Compound annual growth was +11.7% over 5 years and +77.0% over 10 years. It rose in 7 of the last 10 fiscal years.

SEED net incomeFY2025-CN¥53.33M

SEED net income was -CN¥53.33M for fiscal 2025 (ended Sep 30, 2025), compared with CN¥20.71M in fiscal 2024.

SEED EPSFY2025-CN¥7.12

SEED diluted EPS was -CN¥7.12 for fiscal 2025 (ended Sep 30, 2025), compared with CN¥3.20 in fiscal 2024.

SEED free cash flowFY2025-CN¥34.07M

SEED free cash flow was -CN¥34.07M for fiscal 2025 (ended Sep 30, 2025), compared with -CN¥20.00M in fiscal 2024.

Income statement

Income statement
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
RevenueCN¥91.29MCN¥113.38MCN¥93.31MCN¥52.58MCN¥46.42MCN¥52.51MCN¥92.44MCN¥12.93MCN¥870.0KCN¥481.0K
Cost of revenueCN¥84.90MCN¥97.31MCN¥76.06MCN¥36.39MCN¥33.61MCN¥49.00MCN¥105.27MCN¥7.05MCN¥678.0KCN¥0
Gross profitCN¥6.39MCN¥16.07MCN¥17.25MCN¥16.19MCN¥12.81MCN¥3.51M-CN¥12.83MCN¥5.88MCN¥192.0KCN¥481.0K
Research and developmentCN¥13.04MCN¥10.13MCN¥7.45MCN¥7.43MCN¥1.98MCN¥4.12MCN¥13.27MCN¥27.13MCN¥38.68MCN¥41.27M
Selling, general and adminCN¥40.17MCN¥35.98MCN¥14.23MCN¥14.32MCN¥73.31MCN¥58.07MCN¥27.23MCN¥32.15MCN¥36.09MCN¥32.97M
Operating income----------CN¥61.31M
Interest expense---CN¥8.23MCN¥8.56MCN¥5.80MCN¥4.68MCN¥22.78MCN¥9.01MCN¥7.61M
Pre-tax income-CN¥58.26MCN¥18.74MCN¥62.83MCN¥2.31M-CN¥126.90M-CN¥102.42M-CN¥65.14M-CN¥152.79M-CN¥121.84M-CN¥73.04M
Income tax-CN¥293.0KCN¥61.0KCN¥162.0K-CN¥14.0KCN¥178.0KCN¥425.0KCN¥510.0KCN¥0CN¥0CN¥0
Net income-CN¥53.33MCN¥20.71MCN¥55.33M-CN¥6.26M-CN¥91.53M-CN¥85.26M-CN¥62.12M-CN¥153.66M-CN¥75.67M-CN¥65.58M
EPS, basic-CN¥7.12CN¥3.21CN¥8.45-CN¥1.09-CN¥16.29-CN¥16.95-CN¥14.85-CN¥50.18-CN¥26.95-CN¥23.76
EPS, diluted-CN¥7.12CN¥3.20CN¥8.43-CN¥1.09-CN¥16.29-CN¥16.95-CN¥14.85-CN¥50.18-CN¥26.95-CN¥23.76
Diluted shares7.5M6.5M6.6M5.8M5.6M5.0M4.2M3.1M2.8M2.8M

Balance sheet

Balance sheet
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Cash and equivalentsCN¥15.88MCN¥8.38MCN¥23.71MCN¥17.67MCN¥15.35MCN¥22.48MCN¥3.20MCN¥1.99MCN¥3.25MCN¥54.51M
ReceivablesCN¥3.45MCN¥4.03MCN¥839.0KCN¥619.0KCN¥260.0KCN¥3.11MCN¥1.48MCN¥0CN¥24.0KCN¥491.0K
InventoryCN¥14.43MCN¥12.87MCN¥13.04MCN¥2.11MCN¥4.18MCN¥13.57MCN¥28.53MCN¥81.95MCN¥23.23MCN¥624.0K
Current assetsCN¥66.08MCN¥99.75MCN¥141.78MCN¥81.54MCN¥58.14MCN¥64.40MCN¥69.22MCN¥214.88MCN¥89.06MCN¥478.10M
Goodwill---------CN¥11.97M
Total assetsCN¥100.65MCN¥131.56MCN¥238.51MCN¥135.96MCN¥119.04MCN¥254.88MCN¥261.11MCN¥430.10MCN¥324.14MCN¥880.63M
Current liabilitiesCN¥149.33MCN¥184.28MCN¥313.46MCN¥292.87MCN¥286.37MCN¥176.94MCN¥247.80MCN¥432.17MCN¥134.10MCN¥614.50M
Short-term debtCN¥7.95MCN¥4.95M-CN¥137.66MCN¥137.66M-CN¥78.61MCN¥78.23MCN¥35.50MCN¥27.06M
Long-term debtCN¥10.49MCN¥5.81MCN¥6.18MCN¥14.23MCN¥15.72MCN¥137.66M-CN¥0CN¥56.77MCN¥20.00M
Total debtCN¥18.44MCN¥10.76MCN¥6.18MCN¥151.89MCN¥153.38MCN¥137.66MCN¥78.61MCN¥78.23MCN¥92.27MCN¥47.06M
Total liabilitiesCN¥162.16MCN¥190.16MCN¥319.77MCN¥308.60MCN¥304.64MCN¥340.35MCN¥276.59MCN¥453.45MCN¥211.34MCN¥662.01M
Shareholders' equity-CN¥23.34M-CN¥31.29M-CN¥81.26M-CN¥172.64M-CN¥185.60M-CN¥85.46M-CN¥15.47M-CN¥23.35MCN¥112.80MCN¥218.62M

Cash flow

Cash flow
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Operating cash flow-CN¥22.86M-CN¥15.03M-CN¥5.46MCN¥3.29M-CN¥25.08M-CN¥5.62M-CN¥60.13M-CN¥10.04M-CN¥120.17MCN¥47.91M
Capital expendituresCN¥11.21MCN¥4.97MCN¥8.91MCN¥622.0KCN¥715.0KCN¥0CN¥0CN¥2.98MCN¥2.62MCN¥15.71M
Free cash flow-CN¥34.07M-CN¥20.00M-CN¥14.37MCN¥2.67M-CN¥25.79M-CN¥5.62M-CN¥60.13M-CN¥13.03M-CN¥122.79MCN¥32.19M
Investing cash flow-CN¥13.72M-CN¥4.97M-CN¥11.22M-CN¥1.10M-CN¥1.21M-CN¥42.24MCN¥0CN¥47.59MCN¥29.54M-CN¥6.48M
Financing cash flowCN¥44.31MCN¥4.50MCN¥22.93M-CN¥332.0KCN¥19.84MCN¥65.92MCN¥62.98M-CN¥35.38MCN¥47.01M-CN¥48.82M
Dividends paidCN¥1.09MCN¥490.0KCN¥200.0KCN¥2.43M------
Stock-based compensationCN¥23.11MCN¥5.22MCN¥1.16MCN¥1.04MCN¥10.95MCN¥13.16MCN¥12.19MCN¥4.31MCN¥5.40MCN¥8.80M
Depreciation and amortizationCN¥3.20MCN¥2.83MCN¥4.03MCN¥3.90MCN¥8.28MCN¥10.61MCN¥13.80MCN¥16.45MCN¥27.69MCN¥31.22M

Key ratios

Key ratios
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Revenue growth, YoY-19.5%21.5%77.5%13.3%-11.6%-43.2%615.1%1385.9%80.9%58.7%
Net income growth, YoY--62.6%--------
EPS growth, YoY--62.0%--------
Gross margin7.0%14.2%18.5%30.8%27.6%6.7%-13.9%45.5%22.1%100.0%
Operating margin----------12745.9%
Net margin-58.4%18.3%59.3%-11.9%-197.2%-162.4%-67.2%-1188.7%-8698.2%-13633.7%
Free cash flow margin-37.3%-17.6%-15.4%5.1%-55.6%-10.7%-65.0%-100.8%-14113.9%6692.5%
Return on equity---------67.1%-30.0%
Return on assets-53.0%15.7%23.2%-4.6%-76.9%-33.5%-23.8%-35.7%-23.3%-7.4%
Current ratio0.440.540.450.280.200.360.280.500.660.78
Debt to equity--------0.820.22

Source: XBRL data Origin Agritech Limited files with the SEC, latest filing dated Jan 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures and share counts are restated for stock splits the filings show: 4-for-33, first reported Jun 3, 2019.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

SEED peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SEEDCN¥91.29M-19.5%-CN¥53.33M-58.4%$9.3M
CTVA$17.81B+3.7%$1.01B5.7%$8.08B
SEB$10.50B+7.0%$555.00M5.3%$3.62B
CALM$2.53B-42.5%$58.73M2.3%$3.22B
ANDE$11.09B-4.3%$203.63M1.8%$1.86B
DOLE$9.57B-$93.13M1.0%$1.32B
AGRO$1.43B-6.0%-$8.35M-0.6%$1.32B
DMC$4.38B+1.4%$81.40M1.9%$1.32B

SEED FAQ

9 questions
  • What is SEED revenue?
    Origin Agritech Limited (SEED) reported CN¥91.29M of revenue for fiscal 2025 (ended Sep 30, 2025). That is down 19.5% from the year before.
  • Is SEED profitable?
    No. Origin Agritech Limited reported a net loss of CN¥53.33M for fiscal 2025 (ended Sep 30, 2025).
  • How much cash and debt does SEED have?
    Origin Agritech Limited reported CN¥15.88M in cash and cash equivalents and CN¥18.44M of debt on its most recent balance sheet in SEC filings.
  • How fast is SEED revenue growing?
    Origin Agritech Limited's revenue changed -19.5% in fiscal 2025, to CN¥91.29M. Its compound annual growth rate was +11.7% over 5 years and +77.0% over 10 years.
  • What is SEED gross margin?
    Origin Agritech Limited's gross profit was CN¥6.39M on CN¥91.29M of revenue for fiscal 2025 (ended Sep 30, 2025), a gross margin of 7.0%.
  • What is SEED free cash flow?
    Origin Agritech Limited generated -CN¥34.07M of free cash flow for fiscal 2025 (ended Sep 30, 2025), which is operating cash flow of -CN¥22.86M less capital expenditures.
  • What is SEED earnings per share?
    Diluted earnings per share were -CN¥7.12 for fiscal 2025 (ended Sep 30, 2025), from SEC filings, restated for any stock split those filings show.
  • When did SEED last report financial results?
    The latest statements here come from Origin Agritech Limited's 20-F filed on Jan 30, 2026, covering the period ended Sep 30, 2025.
  • Where does this SEED financial data come from?
    Quantisnow builds these statements from the structured XBRL data Origin Agritech Limited files with the SEC. It is provided for information only and is not investment advice.