SEED Research | Milton Maxwell

SEED

Origin Agritech Limited

1.3700

+0.0800+6.2%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

10.75M

P/E (TTM)

Basic EPS (TTM)

-0.08

Dividend Yield

Recent Filings

8-K

Origin acquires Denong stake

1/19/06Jan 19, 2006

Origin Agritech signed a deal on January 17, 2006, to buy a 52.21% stake in Denong Zhengcheng Seed Company for $5 million cash, targeting the hybrid rice, cotton, and rapeseed markets in southwest China. This acquisition bolsters Origin's crop portfolio with Denong's ten proprietary rice hybrids and established production facilities, while leveraging its distribution network for broader reach. Closing awaits routine government approvals within 30 days. It won't alter Origin's $55 million revenue and $11 million earnings guidance for fiscal 2006.

8-K

Accountant change post-acquisition

11/16/05Nov 16, 2005

Origin Agritech Limited dismissed Goldstein Golub Kessler LLP as its independent accountants on November 15, 2005, following the November 8 acquisition of State Harvest Holdings Limited. The board approved the change, with no disagreements on accounting matters or audit procedures reported. Deloitte Touche Tohmatsu CPA Ltd. was engaged as the new auditor that day. No prior consultations occurred with the new firm.

8-K

Origin Agritech merger closes

11/14/05Nov 14, 2005

Origin Agritech completed its merger with Chardan China Acquisition Corp. on November 8, 2005, acquiring State Harvest Holdings for $10 million cash and 10 million shares, with up to $15 million more contingent on financing or earnings through 2008. This bolsters Origin's hybrid seed operations in China, where licensed seeds drove 99% of 2004's $36.4 million revenue, up 57% year-over-year. Deal unlocks NASDAQ listing. Contingent payouts hinge on hitting $11 million after-tax profit in fiscal 2006.

About

Origin Agritech Limited, together with its subsidiaries, operates as an agricultural biotechnology in the People's Republic of China. The company engages in the development, production, and distribution of hybrid crop seeds, as well as the development of hybrid seed technology. Further, it engages in crop seed breeding and genetic improvement, and related technical services. Its products include corn, canola, soybean, and rice seeds. In addition, it operates an e-commerce platform. The company has a collaboration agreement with the Chinese Academy of Agricultural Sciences, the National Maize Improvement Center, Henan Agriculture University, China Agricultural University, and Zhejiang University for seed genetic modifications and biotechnologies. Origin Agritech Limited was founded in 1997 and is headquartered in Beijing, the People's Republic of China.

CEO

Dr. Gengchen Han Ph.D.

IPO

3/29/2004

Website

https://originagritech.com

Employees

Sector

Basic Materials

Industry

Agricultural Inputs