Crop Protection China News
中国農業部農薬検定所 (ICAMA) の発表によると、中国では2015年に788社が2,810件の農薬製剤を新規登録しています。種類別では、殺虫剤製剤が1,062件、殺菌剤製剤が847件、除草剤製剤が760件、植物成長調整剤製剤が79件となっています。
As representatives of pesticide companies in China, domestic listed pesticide enterprises are supposed to be the guides for the development of the whole industry. In this issue, annual reports of 18 domestic listed enterprises involved in pesticides or pesticide intermediates were summarized and analyzed.
In 2015, China's pesticide industry presented a downward trend. Performance of the 18 listed pesticide enterprises failed to reach that in 2014. Though the growth rates of total revenue, net profit, operating profit and revenue as well as gross profit margin of pesticide business of the 18 listed enterprises declined over that in 2013, performance in 2014 was still growing. Yet, financial data in 2015 show that listed pesticide enterprises' performance was falling remarkably.
To be more specific, the total revenue of the 18 listed enterprises reached USD8.25 billion in 2015 with a YoY decrease of 2.53%; the net profit declined (a YoY drop of 18.46%) for the first time in the recent three years to USD459.33 million; the operating profit fell by 19.40% YoY to USD541.55 million; the revenue from pesticide business hit USD4.86 billion with a YoY decrease of 6.79% and the average gross profit margin of pesticide business was 21.96%, down by 9.29% YoY. It is worth noting that though the total assets grew by 10.71% YoY, the growth rate was lower than that in 2014 (15.67%).
In 2015, some listed pesticide enterprises were hit by the depressed glyphosate market, such as Zhejiang Wynca and Nantong Jiangshan; some adjusted their business layout, such as Huapont Life Sciences, CEFC International and Shandong Shengli. In addition, enterprises were attaching more and more importance to e-commerce. For example, Shenzhen Noposion, Shandong Shengli, Huapont Life Sciences and Hubei Sononda all began their e-commerce business.
Except for CEFC International, Shandong Shengli and Shenghua Biok, all these 18 listed enterprises achieved the most revenue from their pesticide business. CEFC International transferred its agrochemical business and entered the natural gas market and gained a good performance. Shandong Shengli took natural gas business as its most important business for the first time and pesticide business became its second largest business. In Shenghua Biok, proportion of revenue from its veterinary drugs business kept growing while that from pesticide business kept declining in 2013-2015.