Friday 6 November 2026
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Origin Agritech Limited
SEED Basic Materials Agricultural Inputs
Origin Agritech Limited’s revenue for fiscal 2025 (year ended September 2025) was $12.8 million, down 20.6% from fiscal 2024.
0.70
0.02
−2.78%
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Free accountTen years at a glance Fiscal years to September
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Mar ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 50 | — | 2 | 13 | 8 | 7 | 7 | 13 | 16 | 13 | 23 | (14.1%) | — | — | — | — | |
| Gross margin, % | 22.67 | 0.00 | 45.50 | (13.88) | 6.69 | 27.59 | 30.80 | 18.48 | 14.17 | 7.00 | 25.80 | (15.7) pt | ||||||
| EBT | (11) | (11) | (22) | (9) | (15) | (20) | 0 | 9 | 3 | (8) | (18) | (3.5%) | ||||||
| EBT margin, % | (22.49) | 0.00 | (1,181.96) | (70.48) | (195.03) | (273.39) | 4.40 | 67.34 | 16.53 | (63.82) | (77.12) | (41.3) pt | ||||||
| Net income | (10) | (16) | (22) | (10) | (15) | (20) | 0 | 9 | 3 | (8) | 0 | (2.0%) | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 21.96 | 0.00 | 0.61 | 3.21 | 1.53 | 1.27 | 1.28 | 1.99 | 2.51 | 1.72 | 0.00 | (24.7%) | |||||
| Earnings | (4.30) | (4.90) | (7.29) | (2.16) | (2.49) | (2.51) | (0.15) | 1.18 | 0.46 | (1.00) | (2.56) | (15.0%) | ||||||
| Cash flow | 3.14 | (7.76) | (0.48) | (2.09) | (0.16) | (0.69) | 0.08 | (0.12) | (0.33) | (0.43) | 0.00 | n/m | ||||||
| Capex | (1.08) | (0.23) | 0.00 | 0.00 | 0.00 | (0.05) | (0.02) | (0.26) | (0.11) | (0.25) | 0.00 | (15.2%) | ||||||
| Free cash flow | 2.06 | (7.99) | (0.48) | (2.09) | (0.16) | (0.74) | 0.07 | (0.38) | (0.44) | (0.67) | 0.00 | n/m | ||||||
| Book value | 14.32 | 7.28 | (1.11) | (0.52) | (2.50) | (5.10) | (4.21) | (1.73) | (1.29) | (1.16) | 0.00 | n/m | ||||||
| Shares, m | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 7 | 6 | 7 | 6 | +14.1% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | 1.08 | — | 0.23 | 0.88 | 1.03 | 1.28 | 1.29 | 0.31 | 0.30 | 0.12 | 0.07 | 0.7 | ||||||
| P/B | 1.65 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.2 | ||||||
| EV/Sales | 0.99 | — | 0.56 | 1.93 | 1.70 | 2.32 | 2.27 | 0.98 | 0.25 | 0.11 | (0.01) | 1.2 | ||||||
| EV/FCF | (1.33) | — | (0.77) | (0.83) | (0.95) | (0.90) | (0.93) | (0.60) | (0.85) | 0.38 | (0.40) | (0.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 7 | (18) | (1) | (9) | (1) | (4) | 0 | (1) | (2) | (3) | 4 | n/m | |||||
| Capex | (2) | (1) | 0 | — | — | 0 | 0 | (2) | (1) | (2) | (3) | (3.2%) | ||||||
| Free cash flow | 5 | (19) | (1) | (9) | (1) | (4) | 0 | (2) | (3) | (5) | 0 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (20) | (7) | (32) | (25) | (17) | (35) | (30) | (24) | (12) | (12) | (14) | (6.0%) | |||||
| Net debt | (4) | 13 | 11 | 11 | 17 | 19 | 17 | (3) | 0 | (2) | (2) | (8.6%) | ||||||
| Shareholders’ equity | 33 | 17 | (3) | (2) | (13) | (29) | (24) | (11) | (8) | (9) | (11) | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (6.85) | (12.62) | (40.12) | (18.15) | (33.68) | (50.60) | (4.70) | 29.43 | 11.37 | (45.58) | 0.00 | (38.7) pt | |||||
| ROIC | (20.17) | (21.23) | (41.97) | (60.35) | (121.01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | +20.2 pt | ||||||
| ROE | (25.04) | (45.85) | (328.47) | 323.09 | 169.86 | 68.57 | 3.33 | (43.25) | (30.03) | 88.20 | 0.00 | +113.2 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 349 | 72 | 59 | 47 | 52 | 54 | 63 | 63 | 68 | 97 | — | (13.3%) | |||||
| Revenue/emp, $m | 0.14 | 0.00 | 0.03 | 0.29 | 0.15 | 0.13 | 0.12 | 0.21 | 0.24 | 0.13 | — | (0.9%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Sep 2025 · latest quarter Dec 2016 · fundamentals updated 26 Oct 2026
Origin Agritech Limited vs peers in Agricultural Inputs (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| UAN CVR Partners, LP | $1.2B | 10.8× | — | −10.64% (below 0%: shrinking) | n/m | +5.14% (above 0%: growing) | 21.70% | (2.49%) | Compare |
| FMC FMC Corporation | $944.2M | — (loss-making) | — (loss-making) | −80.47% (below 0%: shrinking) | n/m | +90.90% (above 0%: growing) | (379.23%) | (1,050.24%) | Compare |
| IPI Intrepid Potash, Inc | $422.1M | 16.9× | — (loss-making) | −4.11% (below 0%: shrinking) | −54.76% (below 0%: shrinking) | −85.77% (below 0%: shrinking) | 19.68% | 0.41% | Compare |
| LVROF Lavoro Limited | $34.8M | — (loss-making) | — (loss-making) | −23.62% (below 0%: shrinking) | n/m | −6.85% (below 0%: shrinking) | 15.65% | 0.67% | Compare |
| AVD American Vanguard Corporation | $28.0M | — (loss-making) | 11.4× | −9.71% (below 0%: shrinking) | n/m | −33.18% (below 0%: shrinking) | 29.73% | (0.26%) | Compare |
| BIOX Bioceres Crop Solutions Corp. | $13.6M | — (loss-making) | 27.0× | −34.73% (below 0%: shrinking) | n/m | +344.29% (above 0%: growing) | 32.23% | (10.91%) | Compare |
| SEED Origin Agritech Limited | $10.0M | — (loss-making) | — (loss-making) | +432.86% (above 0%: growing) | n/m | −107.51% (below 0%: shrinking) | 22.38% | 0.00% | |
| BHILQ Benson Hill, Inc. | $1.5M | — (loss-making) | — (loss-making) | +45.32% (above 0%: growing) | n/m | +56.10% (above 0%: growing) | (1.34%) | (57.94%) | Compare |
| NXTS Nexentis Technologies Inc. | $1.4M | — (loss-making) | — (loss-making) | −100.00% (below 0%: shrinking) | n/m | −2.86% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| Median of peers | $31.4M | — | — | −17.13% | — | +1.14% | 17.67% | (1.37%) |