company background image
SEED

Origin Agritech NasdaqCM:SEED Stock Report

Last Price

US$7.78

Market Cap

US$44.9m

7D

3.0%

1Y

-10.5%

Updated

29 Jun, 2022

Data

Company Financials
SEED fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

SEED Stock Overview

Origin Agritech Limited, together with its subsidiaries, operates an agricultural biotechnology and an e-commerce platform in the People’s Republic of China.

Origin Agritech Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Origin Agritech
Historical stock prices
Current Share PriceUS$7.78
52 Week HighUS$14.40
52 Week LowUS$4.21
Beta0.84
1 Month Change3.87%
3 Month Change-6.83%
1 Year Change-10.47%
3 Year Change29.45%
5 Year Change-45.97%
Change since IPO-83.62%

Recent News & Updates

Jul 28

Origin Agritech Ltd. Is Poised For Explosive Growth - Could Be The Right Time To Plant A SEED

The company is poised to capitalize on an expected shift in China to allow government-approved GMO seeds, being one of only three Chinese companies in a 15 billion Yuan market. The stock price recently cratered on the successive filings of a $25M shelf, and then an Equity Purchase Agreement with Oasis Capital, providing a good entry point. Key near-term catalyst: Approval for sale of its GMO corn by Chinese regulators is expected in the near term – with billion yuan revenue potential to shortly follow. This little Chinese seed company could be worth a small speculative investment.

Shareholder Returns

SEEDUS FoodUS Market
7D3.0%1.9%1.7%
1Y-10.5%-1.7%-20.4%

Return vs Industry: SEED underperformed the US Food industry which returned -1.7% over the past year.

Return vs Market: SEED exceeded the US Market which returned -20.4% over the past year.

Price Volatility

Is SEED's price volatile compared to industry and market?
SEED volatility
SEED Average Weekly Movement12.8%
Food Industry Average Movement6.5%
Market Average Movement8.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: SEED is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: SEED's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
199754Gengchen Hanhttps://www.originseed.com.cn

Origin Agritech Limited, together with its subsidiaries, operates an agricultural biotechnology and an e-commerce platform in the People’s Republic of China. The company engages in crop seed breeding and genetic improvement activities. It develops, produces, and distributes hybrid crop seeds, as well as develops hybrid seed technology.

Origin Agritech Fundamentals Summary

How do Origin Agritech's earnings and revenue compare to its market cap?
SEED fundamental statistics
Market CapCN¥300.96m
Earnings (TTM)-CN¥86.24m
Revenue (TTM)CN¥81.14m

3.7x

P/S Ratio

-3.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SEED income statement (TTM)
RevenueCN¥81.14m
Cost of RevenueCN¥59.70m
Gross ProfitCN¥21.45m
Other ExpensesCN¥107.69m
Earnings-CN¥86.24m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-14.94
Gross Margin26.43%
Net Profit Margin-106.28%
Debt/Equity Ratio-74.0%

How did SEED perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SEED undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SEED?

Other financial metrics that can be useful for relative valuation.

SEED key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.9x
Enterprise Value/EBITDA-7.3x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SEED's PS Ratio compare to its peers?

SEED PS Ratio vs Peers
The above table shows the PS ratio for SEED vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average51.1x
SANW S&W Seed
0.5x19.3%US$40.4m
MRGO Margo Caribe
0.6xn/aUS$29.6m
GCEH Global Clean Energy Holdings
202.7x154.9%US$106.7m
GGRO.U Golden Growers Cooperative
0.7xn/aUS$74.4m
SEED Origin Agritech
3.7xn/aUS$44.9m

Price-To-Sales vs Peers: SEED is good value based on its Price-To-Sales Ratio (3.7x) compared to the peer average (51.1x).


Price to Earnings Ratio vs Industry

How does SEED's PE Ratio compare vs other companies in the US Food Industry?

Price-To-Sales vs Industry: SEED is expensive based on its Price-To-Sales Ratio (3.7x) compared to the US Food industry average (1.1x)


Price to Sales Ratio vs Fair Ratio

What is SEED's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SEED PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.7x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SEED's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SEED when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate SEED's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SEED's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SEED's PEG Ratio to determine if it is good value.


Discover undervalued companies

  • Take a look at our analysis of SEED's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Future Growth

How is Origin Agritech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.5%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Origin Agritech has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of SEED’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Origin Agritech performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-3.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SEED is currently unprofitable.

Growing Profit Margin: SEED is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SEED is unprofitable, and losses have increased over the past 5 years at a rate of 3.2% per year.

Accelerating Growth: Unable to compare SEED's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SEED is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (13.1%).


Return on Equity

High ROE: SEED's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is Origin Agritech's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SEED has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SEED has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SEED has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SEED's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SEED has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SEED has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.4% each year


Discover healthy companies

Dividend

What is Origin Agritech current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SEED's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SEED's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SEED's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SEED's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SEED has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Gengchen Han (66 yo)

3.5yrs

Tenure

Dr. Gengchen Han, Ph.D. has been the Executive Chairman of Beijing Origin and its affiliated companies since 1997. Dr. Han founded Origin Agritech Limited in 1997 and serves as its Chairman of the Board an...


Leadership Team

Experienced Management: SEED's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: SEED's board of directors are seasoned and experienced ( 12.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.


Top Shareholders

Company Information

Origin Agritech Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Origin Agritech Limited
  • Ticker: SEED
  • Exchange: NasdaqCM
  • Founded: 1997
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: US$44.915m
  • Shares outstanding: 5.77m
  • Website: https://www.originseed.com.cn

Number of Employees


Location

  • Origin Agritech Limited
  • No. 21 Sheng Ming Yuan Road
  • Changping District
  • Beijing
  • 102206
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.