In 2020, the company achieved a net profit of 50.4 million, a year-on-year increase of-1.92%, and a compound growth of 23.91%in recent five years; Earnings per share is 0. 1 149 yuan. The main products of the company's agrochemical products are herbicide 23% nicosulfuron? Atrazine oil suspension concentrate, 4 1% isopropylamine glyphosate solution, 52% nicosulfuron? Atrazine wettable powder, 10% tribenuron-methyl wettable powder, etc.
1October 26th 165438+ closing news, the stock price of Fengle Seed Industry fell by 2.56% in five days, with an increase of 3.33% this year. Finally, it was reported to 9 yuan, down 0.99%, with a price-earnings ratio of 78.33.
Hefei Fengle Seed Industry Co., Ltd. is a joint stock limited company established by taking Hefei Seed Company as the exclusive sponsor, and converting its main net assets of 968,986,240 yuan into 63 million state shares as initial share capital, and offering them to the public. Registered capital of the company: RMB 225 million only.
Introduction:
The development of 20 10 seed industry faces a good opportunity: the national policy attaches great importance to seed industry, and it is expected to launch a series of industry support policies in the future.
Specific performance in:
(1) In the early stage, the central government put forward seven strategic emerging industry plans such as biological breeding, and the state will invest 24 billion yuan in the biological breeding industry in the future;
(2) National authorities designated 20 10 as "Law Enforcement Year of Seed Industry", vigorously rectified the competition order of the industry and cracked down on fake and shoddy seeds;
(3) Document No.1 was issued, and a number of policies for benefiting farmers and supporting agriculture were being implemented, and the scope of subsidies for improved varieties was expanded and the amount of subsidies continued to increase;
(4) Continuing the good trend in 2009, the situation of oversupply of seed industry will continue to ease;
(5) Under the moderate inflation environment, with the increase of agricultural materials such as pesticides and fertilizers, the price of seeds, especially improved varieties, has risen sharply. The support of national policies, the improvement of industry competition order and the rise of product prices will bring good opportunities to the operation of seed companies.
As one of the leading seed companies, the company has seized the excellent situation to strengthen its own strength, and plans to issue additional shares at a price not lower than 1 1. 14 yuan/share. The company said that after the fundraising project is put into production, the company's main income and profitability will be greatly improved and the capital structure will be optimized.
The company's assets will be significantly expanded and its capital strength will be enhanced, which will greatly benefit from the improvement of the industry environment. The annual report shows that the company's profit in 2009 increased 157% year-on-year. At the same time, a number of institutions have settled in, and their chips have been further concentrated, showing their optimism about the company's future development.