A Business at a Glance
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Origin Agritech LTD
SEED
$8M
Mkt Cap
$1.05
+3.96%
ITEM 4. INFORMATION ON THE COMPANY A. History and development of the Company. Origin was first incorporated in the British Virgin Islands on February 10, 2005, and is governed by the BVI Business Companies Act, 2004, or BCA, by re-registration on July 10, 2006. Chardan China Acquisition Corp. (“Chardan”), the predecessor of Origin, was a blank check company (SPAC) organized as a corporation under the laws of the State of Delaware on December 5, 2003, formed for the purpose of effecting a business combination with companies having operations based in China. On December 20, 2004, Chardan entered into a stock purchase agreement, referred to as the Stock Purchase Agreement, with State Harvest Holdings Limited, a company incorporated in the British Virgin Islands (“State Harvest BVI”) on October 6, 2004, and all the shareholders of State Harvest (BVI).
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 91M | 91M | 113M | 93M | 53M | 46M |
| Net Income | -7.5M | -7.5M | 3.0M | 7.7M | -882K | -14M |
| EPS | $-1.00 | $-1.00 | $0.46 | $1.17 | $-0.15 | $-2.51 |
| Free Cash Flow | -4.8M | -4.8M | -2.9M | -2.0M | 377K | -4.0M |
| ROIC | -40.1% | -50.7% | - | - | 452.6% | -75.5% |
| Gross Margin | 1.0% | 1.0% | 2.0% | 2.6% | 4.3% | 4.3% |
| Debt/Equity | 0.00 | -0.90 | -1.46 | -0.11 | -1.13 | -1.73 |
| Dividends/Share | $0.02 | $0.02 | $0.01 | $0.00 | $0.06 | - |
| Operating Income | -7.2M | -7.2M | - | - | 275K | -13M |
| Operating Margin | -7.9% | -7.9% | - | - | 0.5% | -27.5% |
| ROE | 0.0% | 193.7% | -47.4% | -57.4% | 4.4% | 85.5% |
| Shares Outstanding | 8M | 8M | 6M | 7M | 6M | 6M |
| Metric | 2014 | 2015 | 2016 | TTM | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 415M | 59M | 50M | N/A | 13M | 92M | 53M | 46M | 53M | 93M | 113M | 91M | 91M |
| Gross Margin | 4.5% | 29.8% | 22.7% | N/A | 6.6% | N/A | 1.0% | 4.3% | 4.3% | 2.6% | 2.0% | 1.0% | 1.0% |
| R&D | 6.6M | 7.7M | 6.6M | 5.8M | 3.9M | 1.9M | 604K | 305K | 1.0M | 1.0M | 1.4M | 1.8M | 1.8M |
| SG&A | 7.6M | 6.4M | 9.3M | 5.3M | 4.7M | 4.0M | 8.5M | 11M | 2.0M | 2.0M | 5.1M | 5.7M | 5.7M |
| EBIT | -4.0M | 211K | -9.2M | 3.7M | -19M | 149K | N/A | -13M | 275K | N/A | N/A | -7.2M | -7.2M |
| Op. Margin | -1.0% | 0.4% | -18.3% | N/A | -147.2% | 0.2% | N/A | -27.5% | 0.5% | N/A | N/A | -7.9% | -7.9% |
| Net Income | -1.6M | -2.2M | -9.8M | -11M | -22M | N/A | N/A | -14M | -882K | 7.7M | 3.0M | -7.5M | -7.5M |
| Net Margin | -0.4% | -3.7% | -19.6% | N/A | -172.8% | N/A | N/A | -30.4% | -1.7% | 8.3% | 2.6% | -8.2% | -8.2% |
| Non-Recurring | 951K | -24K | 0 | 3.9M | -13M | 596K | 24M | 87M | 87M | 255K | 15K | 513K | 513K |
| Returns on Capital | |||||||||||||
| ROIC | -3.1% | 0.3% | -26.4% | 8.5% | N/M | N/A | N/A | -75.5% | N/M | N/A | N/A | -50.7% | -40.1% |
| ROE | -3.7% | -5.5% | -30.3% | -51.9% | -335.2% | N/A | N/A | 85.5% | 4.4% | -57.4% | -47.4% | 193.7% | 0.0% |
| ROA | -0.9% | -1.3% | -6.8% | -12.6% | -40.1% | N/A | N/A | -50.6% | -4.7% | 29.4% | 11.4% | -45.6% | -53.0% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -14M | 52M | 48M | -18M | -1.5M | -8.8M | -824K | -3.9M | 465K | -759K | -2.1M | -3.2M | -3.2M |
| Free Cash Flow | -16M | 50M | 46M | -19M | -1.9M | -8.8M | -824K | -4.0M | 377K | -2.0M | -2.9M | -4.8M | -4.8M |
| Owner Earnings | -19M | 47M | 42M | -23M | -4.5M | -12M | -4.3M | -6.8M | -229K | -1.5M | -3.3M | -6.9M | -6.9M |
| CapEx | 1.7M | 2.3M | 2.4M | 395K | 433K | 0 | 0 | 110K | 88K | 1.2M | 710K | 1.6M | 1.6M |
| Maint. CapEx | 4.6M | 4.8M | 4.7M | 4.2M | 2.4M | 1.8M | 1.6M | 1.3M | 549K | 561K | 404K | 451K | 451K |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | N/A | N/A | 0 | 0 | 680K | 306K | 1.1M | 1.1M |
| D&A | 4.6M | 4.8M | 4.7M | 4.2M | 2.4M | 1.8M | 1.6M | 1.3M | 549K | 561K | 404K | 451K | 451K |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 343K | 28K | 70K | 153K | 153K |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.9% |
| Share Buybacks | 1.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Stock-Based Comp | 215K | 253K | 1.3M | 814K | 627K | 1.7M | 1.9M | 1.7M | 145K | 162K | 745K | 3.3M | 3.3M |
| Debt Repayment | 2.7M | 5.3M | 3.6M | 5.2M | 3.0M | 0 | 12M | 0 | 0 | 0 | 0 | 978K | 978K |
| Balance Sheet | |||||||||||||
| Net Debt | 40M | 35M | 27M | 16M | 11M | 89M | 17M | 35M | 19M | -2.4M | 5.3M | 733K | 733K |
| Cash & Equiv. | 7.3M | 9.9M | 8.2M | 472K | 289K | 451K | 3.3M | 2.4M | 2.5M | 3.3M | 1.2M | 2.2M | 2.2M |
| Long-Term Debt | 5.0M | 6.4M | 3.0M | 8.6M | 0 | 79M | 20M | 16M | 2.0M | 860K | 830K | 1.5M | 1.5M |
| Debt/Equity | 1.13 | 1.18 | 1.31 | 0.96 | -3.16 | -27.96 | -1.83 | -1.73 | -1.13 | -0.11 | -1.46 | -0.90 | 0.00 |
| Interest Coverage | -1.2 | 0.1 | -4.3 | 2.7 | -5.7 | 0.2 | N/A | -9.7 | 0.2 | N/A | N/A | -19.6 | -19.6 |
| Equity | 42M | 38M | 27M | 17M | -3.6M | -3.2M | -11M | -22M | -19M | -8.0M | -4.5M | -3.3M | -3.3M |
| Total Assets | 173M | 155M | 132M | 49M | 63M | 37M | 37M | 18M | 19M | 33M | 19M | 14M | 14M |
| Total Liabilities | 123M | 109M | 99M | 32M | 66M | 39M | 50M | 47M | 38M | 45M | 27M | 23M | 23M |
| Intangibles | 5.2M | 5.0M | 4.6M | 2.1M | 2.4M | 1.8M | 1.4M | 286K | 252K | 454K | 456K | 292K | 292K |
| Retained Earnings | -17M | -18M | -27M | -39M | -60M | -67M | -82M | -100M | -93M | -84M | -83M | -89M | -89M |
| Working Capital | -13M | -14M | -20M | -6.8M | -32M | -25M | -17M | -35M | -30M | -24M | -12M | -12M | -12M |
| Current Assets | 102M | 85M | 72M | 13M | 31M | 9.8M | 9.5M | 9.0M | 11M | 20M | 14M | 9.3M | 9.3M |
| Current Liabilities | 115M | 100M | 92M | 20M | 63M | 35M | 26M | 44M | 41M | 44M | 26M | 21M | 21M |
| Per Share Data | |||||||||||||
| EPS | -0.49 | -0.70 | -3.01 | -3.43 | -7.29 | -14.85 | -16.95 | -2.51 | -0.15 | 1.17 | 0.46 | -1.00 | -1.00 |
| Owner EPS | -5.93 | 15.20 | 12.85 | -6.95 | -1.46 | -2.55 | -0.79 | -1.22 | -0.04 | -0.23 | -0.51 | -0.92 | -0.92 |
| Book Value | 13.15 | 12.23 | 8.28 | 5.09 | -1.17 | -0.67 | -2.07 | -3.86 | -3.21 | -1.21 | -0.70 | -0.44 | -0.44 |
| Cash Flow/Share | -4.40 | 16.84 | 14.68 | -5.45 | -0.48 | -1.82 | -0.15 | -0.69 | 0.08 | -0.12 | -0.33 | -0.43 | -0.94 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.06 | 0.00 | 0.01 | 0.02 | 0.02 |
| Shares Out. | 3.2M | 3.1M | 3.3M | 3.3M | 3.1M | 4.8M | 5.5M | 5.6M | 5.9M | 6.6M | 6.4M | 7.5M | 7.5M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -1.0 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.1 |
| FCF Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -60.8% |
| Market Cap | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.9M |
| Avg. Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.05 |
| Year-End Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.05 |
Origin Agritech LTD passes 1 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 2.8%. Total shareholder yield (dividends) is 1.9%.
Origin Agritech LTD (SEED) has a 5-year average return on invested capital (ROIC) of -63.1%. This is below average and may indicate limited pricing power.
Origin Agritech LTD (SEED) has a market capitalization of $8M. It is classified as a small-cap stock.
Yes, Origin Agritech LTD (SEED) pays a dividend with a trailing twelve-month yield of 1.94%.
Origin Agritech LTD (SEED) reported annual revenue of $91 million in its most recent fiscal year, based on SEC EDGAR filings.
Origin Agritech LTD (SEED) has a net profit margin of -8.2%. The company is currently unprofitable.
Origin Agritech LTD (SEED) generated $-5 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Origin Agritech LTD (SEED) reported earnings per share (EPS) of $-1.00 in its most recent fiscal year.
Origin Agritech LTD (SEED) has a return on equity (ROE) of 193.7%. This indicates the company generates strong returns for shareholders.
Origin Agritech LTD (SEED) has a 5-year average gross margin of 2.8%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 15 years of financial data for Origin Agritech LTD (SEED), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Origin Agritech LTD (SEED) has a book value per share of $-0.44, based on its most recent annual SEC filing.
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