Shandong Denghai Seeds Co., Ltd. Class A

Shandong Denghai Seeds Co., Ltd. Class A

SSZSE:002041
8.85
CNY
+0.09
(+1.03%)
0.12EPS
70.91P/E
6.93BMarket Cap
Oct 27Next Earn
Shandong Denghai Seeds Co., Ltd. Class A
SZSE:002041
(Shenzhen Stock Exchange)

Recent

price

8.85

P/E

ratio

70.91

div

yld

0.34%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.07
1.31
1.33
1.71
1.68
1.74
1.82
0.91
0.87
0.94
1.02
1.25
1.51
1.76
1.41
1.25
1.44
Revenue per Share
0.24
0.26
0.29
0.38
0.43
0.42
0.5
0.19
0.04
0.05
0.12
0.26
0.29
0.29
0.06
0.1
0.11
Basic EPS, GAAP
0.39
0.03
0.42
0.61
0.73
0.55
- -
-0.36
-0.12
0.18
0.38
0.34
-0.05
0.07
-0.01
0.11
- -
Free Cash Flow per Basic Share
0.04
0.04
0.04
0.04
0.04
0.14
- -
0.06
0.05
- -
0.06
0.04
0.04
- -
0.04
0.03
0.03
Dividend per Share
1.06
1.28
1.54
1.88
2.27
2.55
3.05
3.19
3.18
3.23
3.28
3.51
3.77
4.06
4.08
4.16
4.22
Book Value per Share
1.04
1.24
1.49
1.83
2.21
2.47
2.96
3.09
3.07
3.12
3.18
3.41
3.67
3.95
3.98
4.03
4.08
Tangible Book Value per Share
880
880
880
880
880
880
880
880
879
879
880
880
880
880
881
880
880
Basic Weighted Avg Shares
938
1,153
1,171
1,505
1,480
1,531
1,603
804
761
823
901
1,101
1,326
1,552
1,246
1,102
1,264
Sales/Revenue/Turnover
41.98
34.88
34.66
36.98
33.64
31.69
31.16
7.9
-1.83
-0.63
4.34
14.84
17.12
14.5
9.94
9.47
10.07
Operating Margin (%)
34
36
45
60
64
68
70
71
75
75
72
68
69
65
68
74
- -
Depreciation Expense
209
232
258
338
380
368
442
167
33
42
102
233
253
256
57
92
98
Net Income, GAAP
0.93
1.28
2.15
1.84
2.64
11.11
10.11
- -
- -
- -
29.18
0.37
1.35
0.61
- -
20.74
17.1
Effective Tax Rate (%)
22.26
20.14
22.02
22.43
25.7
24.07
27.59
20.74
4.27
5.05
11.32
21.15
19.1
16.48
4.55
8.32
7.73
Profit Margin (%)
904
1,257
1,524
2,025
2,349
2,515
2,967
2,947
2,457
2,352
2,410
2,628
2,964
3,180
3,159
3,227
3,300
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
7
6
6
7
7
LT Debt
1,301
1,693
2,097
2,593
2,903
3,185
3,661
3,759
3,269
3,143
3,135
3,351
3,587
3,885
3,947
4,030
4,072
Total Equity
35.2
27.6
22.66
24.49
19.37
15.65
14.81
- -
- -
- -
1.66
7.81
8.49
7.92
- -
2.58
2.7
Return on Invested Capital (%)
2.94
3.48
4.86
4.71
8.19
8.06
10.57
- -
- -
- -
4.94
7
6.27
5.68
- -
1.87
2.21
Return on Capital (%)
24.66
22.51
20.76
22.45
20.81
17.35
17.93
6.07
1.16
1.48
3.56
7.79
7.91
7.43
1.58
2.53
2.67
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
32
22
19
LT Borrowings
7
7
7
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
880
880
880
Market Capitalization
8,395
9,187
6,926

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,026
3,906
3,918
Cash, Cash Equivalents & STI
3,240
3,199
3,169
Accounts Receivable, Net
47
64
94
Inventories
688
579
502
Total Current Liabilities
799
634
618
Payables & Accruals
- -
- -
- -
ST Debt
32
22
19
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.64%
5.19%
2.11%
Free Cash Flow
-1,787.94%
-420.15%
-1,618.56%
Net Income, GAAP
17.24%
24.42%
61.86%
Sales/Revenue/Turnover
-0.45%
5.68%
-11.55%
Total Cash Common Dividend
- -
1,237.38%
-17.65%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
232
175
171
667
1,246
2025
163
207
- -
588
1,102
2026
265
204
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.01
- -
0.06
2025
0.03
0.01
- -
0.04
0.1
2026
0.04
0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.04
- -
- -
0.04
2025
- -
0.03
- -
- -
0.03
2026
- -
- -
- -
- -
- -
Business
ShanDongDenghai Seeds Co.,Ltd (002041.SZ) is a China-based agricultural high-tech enterprise principally engaged in the research, breeding, production, processing, packaging, and sales of crop seeds. The company primarily offers hybrid corn seeds under the Denghai brand, including popular varieties such as Denghai No.605, Denghai No.618, Xianyu No.335, Liangyu No.99, Denghai 1959D, and Liangyu 188; it also provides seeds for wheat, rice, vegetables, flowers, and other crops. Founded in 2000 and headquartered in Laizhou, Shandong Province, the company operates as a subsidiary of Laizhou Academy of Agricultural Sciences and primarily serves domestic markets in China, with a nationwide distribution network supported by subsidiaries and investments across regions. In recent developments, ShanDongDenghai Seeds announced in November 2025 plans to invest CNY 30 million to establish a wholly-owned subsidiary, Hainan Oriental Denghai Seeds Co., Ltd., in Hainan Province's Eastern City, leveraging the Hainan Free Trade Port's advantages for seed production, international market expansion, and response to national seed industry revitalization strategies. This follows earlier expansions, including the 2024 establishment of a CNY 70 million subsidiary in Chabuchar Xibe Autonomous County, Xinjiang, and a CNY 100 million investment in Yili, Xinjiang in 2023, enhancing its north-south breeding and production bases. The company has also advanced in genetically modified corn, securing six nationally approved or preliminarily reviewed GM varieties as of mid-2025, with Denghai 605D leading demonstrations and sales growth, alongside ongoing R&D investments yielding new hybrid varieties.