Seed China News 1705

Date: May 2017
Price: US $1080
Pages: 58
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Welcome to the May Issue of Seed China News.

This report will help you stay ahead of the game in this fast-changing market with real-time reporting on the entire seed industry chain, from new research to fluctuations in the grain markets.

Here is the Editor’s Note for you to know about the May issue specifically:

On 24 April, 2017, the Ministry of Agriculture of the People’s Republic of China issued the Guidelines for Non-major Corps Registration. On 20 April, 2017, the Ministry of Agriculture of the People’s Republic of China published the Measures for Tax Exemption of Import Seeds and Provenances during the 13th Five-year Plan. What were exact prices of China’s seeds of corn, rice, cotton, soybean, wheat, rapeseed, potato and sorghum in early April?

Seed China News 1704 and 1705 focus on the 2016 financial performances of China’s major seed companies. Which company is mainly engaged in the corn seeds business? How much were the sales and net profits of corn seeds business achieved by these companies in 2016? How were the sales of corn seeds in different regions of China?

Seed China News is a monthly published newsletter, which can be downloaded in PDF format. The subscription mode for this newsletter is yearly and the subscriber will receive 12 issues per year.

HEADLINE

In 2016, the total sales of Shandong Denghai reached USD232.41 million (RMB1.60 billion). The sales of corn seeds hit USD224.38 million (RMB1.55 billion), 96.54% of the total sales, and the gross profit margin was 53.88%, down by 0.17% YoY.

In 2016, the total sales of Dunhuang Seed, majored in the corn seed business, hit USD95.01 million (RMB655.14 million), down by 49.76% YoY. It’s seed sales reached USD61.23 million (RMB422.22 million), accounting for 64.46% of the total sales. The overall gross profit margin decreased to 23.19% from 29.88% and that of seed business declined by 12.28% YoY to 25.80% from 38.08%.

Up to 31 Dec., 2016, the total sales of Beijing Lantron, which mainly deal with corn seeds, reached USD55.21 million, up by 126.03% YoY. Its sales of corn seeds was USD54.25 million, 98% of the total sales.

The total sales of China’s leading seed company, Longping High-Tech, reached USD333.46 million (RMB2.30 billion), up by 13.50% YoY. It’s sales of rice seeds, corn seeds, vegetable seeds and wheat seeds hit USD198.98 million (RMB1.37 billion), USD49.58 million (RMB341.87 million), USD32.80 million (RMB226.15 million) and USD14.78 million (RMB101.95 million) respectively, occupying 59.67%, 14.87%, 9.84% and 4.43% of the total sales.

In 2016, Wanxiang Doneed’s sales of corn seeds, sunflower seeds and cotton and other seeds reached USD44.60 million (RMB307.40 million), USD0.10 million (RMB0.90 million) and USD0.90 million (RMB6 million), accounting for 97.80%, 0.30% and 1.90% of the total sales respectively. The gross profit margin of the corn seed business was 38.86% and that of the sunflower seed business and the cotton and other seed business was 22.15% and 4.66%.

In 2016, the total sales of Chongqing Banghao reached USD14.38 million (RMB99.18 million), up by 9.49% YoY. Its corn seed sales achieved USD12.13 million (RMB83.63 million), 84.32% of the total sales.

In 2016, the corn seed sales of Hubei Kangnong hit USD9.58 million (RMB66.05 million), accounting for 99.33% of its total sales.

Until 31 Dec., 2016, the total sales of Hebei Wotu hit USD9.83 million and the sales of corn seeds was USD5.27 million, 53.65% of the total sales.

Shandong Xinfeng, mainly engaged in the breeding, selection, production and sale of corn seeds and wheat seeds, published its 2016 financial report. Its sales of corn seeds reached USD6.09 million (RMB42.01 million), 46.73%of the total sales, and that of wheat seeds hit USD6.36 million (RMB43.84 million), 48.76% of the total sales.

Summary; In 2016, the corn seed sales of Guangdong Xianmei achieved USD2.02 million (RMB13.93 million), accounting for 2.32% of total sales. Its sales of corn seeds ranked the second of sales of all products, following the sales of vegetable seeds.

In 2016, the corn seed sales of Damin Seed achieved USD1.80 million (RMB12.42 million), occupying 86.19% of its total sales of major business.

In 2016, the total sales of Shaanxi Datang achieved USD1.70 million (RMB11.69 million), down by 36.96% YoY. Its sales of corn seeds reached USD0.81 million (RMB5.58 million), occupying 47.69% of the sales of major business, and that of wheat seeds hit USD0.89 million (RMB6.12 million), accounting for 52.31% of the sales of major business.

The total sales of Gansu Hongtai reached USD11.82 million (RMB81.51 million), up by 21.93% YoY. Its sales in the northeast, North China, Central China, the northwest and the southwest hit USD 4.07 million (RMB28.08 million), USD3.80 million (RMB26.22 million), USD2.26 million (RMB15.59 million), USD0.22 million (RMB1.51 million) and USD1.44 million (RMB9.91 million), accounting for 34.45%, 32.17%, 19.13%, 1.86% and 12.15% of the total sales respectively.

On 21 April, 2017, corn seed producer Henan Goldoctor disclosed its 2016 financial report. Particularly, Huang-Huai-Hai region and North China remained the largest sales contributors, combined to account for 80%+ of the company’s sales from main businesses.

In 2016, Wuwei Golden Apple, a Wuwei-based corn and pumpkin seed producer, generated full-year sales of USD30.21 million (RMB208.34 million), down by 19.24% YoY. Its domestic sales, which was mainly contributed by corn seeds, reached USD17.69 million (RMB121.99 million), 58.56% of the total.

According to 2,435 price samples, China’s corn seed prices slightly fell YoY in the early April 2017.

According to 1,191 price samples of hybrid rice seeds and 304 of conventional rice seed, China’s prices of both rice seeds remained stable in the early April 2017.

According to 119 price samples, the prices of hybrid and conventional cotton seeds decreased in the early April 2017, while the price of soybean seeds remained stable according to 124 price samples.

According to price samples collected in the early April 2017, China’s prices of spring wheat, rapeseed, potato and sorghum seeds kept steady.

During 26 to 17 April, 2017, three experts from Angola National Seed Company studied hybrid rice breeding in Yancheng City, Jiangsu Province.

On 11 April, 2017, the CNSA established its Crop Winter Multiplication Branch in Sanya, Hainan, a move to promote sustainable development of crop seed breeding for winter multiplication. The new unit mainly aims to carry out industrial self-regulations, protect rights and interests of its members, and offer services on information exchange, technical training, enterprise credit system construction, and marketing & consultation.

Headline
Editor Notes
Column 1 Company Dynamics
Corn seed sales of Shandong Denghai reach USD224.38 million in 2016
Sales of Shandong Denghai hit USD29.44 million in Q1 2017
Seed sales of Dunhuang Seed achieve USD61.23 million in 2016
Sales of Dunhuang Seed reach USD13.13 million in Q1 2017
Corn seed sales of Beijing Lantron hit USD54.25 million in 2016
Corn seed sales of Longping High-Tech achieve USD49.58 million in 2016
Sales of Longping High-Tech reach USD118.86 million in Q1 2017
Corn seed sales of Wanxiang Doneed hit USD44.60 million in 2016
Corn seed sales of Chongqing Banghao achieve USD12.13 million in 2016
Corn seed sales of Hubei Kangnong reach USD9.58 million in 2016
Corn seed sales of Hebei Wotu hit USD5.27 million in 2016
Corn seed sales of Shandong Xinfeng achieve USD6.09 million in 2016
Corn seed sales of Guangdong Xianmei reach USD2.02 million in 2016
Corn seed sales of Damin Seed hit USD1.80 million in 2016
Corn seed sales of Shaanxi Datang achieve USD0.81 million in 2016
Sales of Gansu Hongtai reach USD11.82 million in 2016
Sales of Henan Goldoctor hit USD19.93 million in 2016
Sales of Wuwei Golden Apple achieve USD30.21 million in 2016
Column 2 Market Dynamics
China’s corn seed prices in the early April 2017
China’s rice seed prices in the early April 2017
China’s prices of cotton and soybean seeds in the early April 2017
China’s prices of spring wheat, rapeseed, potato and sorghum seeds in the early April 2017
Angola National Seed Company studies hybrid rice breeding in Yancheng City, Jiangsu Province
CNSA set up new branch for crop winter muliplication
Soybean planting areas in Heilongjiang Province to increase in 2017
Column 3 Policy Dynamics
Guidelines for Non-major Corps Registration published
Measures for Tax Exemption of Import Seeds and Provenances published
Column 4 Variety Dynamics
12 corn seeds of Henan Yuyu pass preliminary round of national certification

COMPANIES MENTIONED

Shandong Denghai Seeds Co., Ltd.; Gansu Dunhuang Seed Co., Ltd.; Beijing Lantron Seed Co., Ltd.; Yuan Longping High-Tech Agriculture Co., Ltd.; Wanxiang Doneed Co., Ltd.

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