Financial Analysis of Chinese Listed Pesticide Enterprises in Full 2023

Financial Analysis of Chinese Listed Pesticide Enterprises in Full 2023

In 2023, China's pesticide industry grappled with multiple challenges such as a global slump in demand for pesticides, sharp price volatility for pesticide TC and escalating competition both at home and abroad. Under these market pressures, Chinese listed pesticide companies suffered performance slides as a whole, with a few players managing to bolster their results by focusing on specialised sectors and broadening their market reach.

In this report, CCM provides the financial details of the 28 selected pesticide companies, and probes into the reasons of their operating results. Meanwhile, corresponding rankings based on different financial metrics were given, and specific figures and changes were offered for better understanding of their performance in 2023.

In this report, CCM will analyse 28 major listed pesticide companies in China in 2023 from the following aspects:

• Total revenue
• Net profit
• Total assets
• Net assets
• Net cash flow
• R&D expenses