Qiule Seed Industry will increase its income by nearly 30 in 2023, and the volume and price of seed

Mondo Finance Updated on 2024-02-01

Qiule Seed Industry (831087), the "first share of the seed industry" of the Beijing Stock Exchange, disclosed its performance express report on January 30, driven by the increase in corn and wheat seed sales and **, in 2023, the company will achieve a double increase in revenue and net profit, of which the net profit is 7916790,000 yuan, a year-on-year increase of 2827%。

Revenue and net profit increased both

According to the performance report, in 2023, Qiule Seed Industry will achieve a revenue of 53.4 billion yuan, a year-on-year increase of 2214%;The net profit was 7916790,000 yuan, a year-on-year increase of 2827%;Deduct non-net profit of 7252060,000 yuan, a year-on-year increase of 2571%;Basic earnings per share was 048 yuan, up 4 percent year-on-year35%。

As of the end of the reporting period, the company's total assets were 76.8 billion yuan, an increase of 7 over the end of the previous year62%;Owner's equity is 54.3 billion yuan, an increase of 1111%;Net assets per share of 329 yuan, an increase of 11 over the end of the previous year15%。

For the double increase in revenue and net profit, Qiule Seed Industry said that during the reporting period, the company deeply cultivated corn, wheat, peanut and other crop seed breeding, multiplication and promotion, actively explored the market, continued to increase investment in research and development, optimized the variety structure, and continuously improved market share.

It is expected to benefit from the platform advantages of shareholders

The company previously said in an institutional survey that the company's corn seed revenue accounted for about 33% and wheat seed revenue accounted for about 44% in the first three quarters of 2023. The sales volume of corn seeds increased by about 40% over the same period last year, and due to the excellent field performance of the company's self-developed varieties, the settlement ** increased compared with the same period last year, and the comprehensive gross profit contribution of corn seeds increased by about 58% over the same period last year; The pace of wheat seed delivery accelerated, and the volume and delivery of wheat seeds increased compared with the same period last year, and the gross profit contribution increased by about 2192%。

In terms of the layout of genetically modified products, the company's main variety, Qiule 368, has completed the production test of the national genetically modified Huanghuaihai summer maize group, and is expected to pass the examination and approval in 2024. Two maize varieties have completed the transformation of transgenic-related traits and plan to participate in the national transgenic trial in 2024. There are also 14 maize varieties in different stages of transformation of transgenic-related traits, and the partners include Hangzhou Ruifeng, Dabeinong and Syngenta.

At present, the company's main wheat variety sales area is in the south of Huanghuai winter wheat area, and the quality and after-sales service of existing wheat varieties will be improved in the future; Cultivating or introducing high-quality special wheat varieties; Cultivate or introduce new wheat varieties suitable for Hubei, Anhui and other regions with relatively low market share.

Henan Seed Industry Group, the shareholder of the company, will continue to inject resources and funds into the company according to the company's development needs while giving full play to the advantages of finance, finance, resources and platforms, so as to promote the rapid development of Qiule Seed Industry. The Shareholder Biological Breeding Center is the first industrial innovation center in the national agricultural field, and the company will actively integrate into the achievement transformation platform of the biological breeding center, become the main undertaker of its research and development results, and enhance the company's operating strength.

Reporter Zhu Rong.

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