1.Sales and profit
See section β- Origin Agritech LTD had $12.7M of revenue in fiscal 2025, down 19.6% on the year before. Over five years, revenue changed +11.1% a year on average.
- Origin Agritech LTD lost $7.4M in fiscal 2025.
Origin Agritech LTD
SEED Nasdaq Agricultural Production-Crops Financials FY2016βFY2025
Origin Agritech LTD had $12.7M of revenue in fiscal 2025, down 19.6% on the year before. Over five years, revenue changed +11.1% a year on average.
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3-page PDF: the company, its results and charts with peers.
KIRAβs summary AI analyst
Hi! I read Origin Agritech LTDβs latest annual report (fiscal 2025). Here is what stands out:
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2.Cash and shareholders
See section β- Free cash flow was β$4.7M in fiscal 2025, β37.3% of revenue.
- Origin Agritech LTD returned $0.2M to shareholders in fiscal 2025. The diluted share count rose 15.9%.
- No open-market insider trades in the last 12 months.
3.Financial health
See section β- Origin Agritech LTD owes $0.4M more than it holds in cash.
- Origin Agritech LTD passes 2 of 9 financial health tests (Piotroski F-score).
Origin Agritech LTD in 30 seconds
Good So-so Weak
Weak
Are sales growing?
β19.6%
No. Sales fell 19.6% last year.
Weak
Does it make a profit?
β58.4%
No. It lost money last year.
Weak
Does profit turn into cash?
β37.3%
No. It spent more cash than it brought in.
Weak
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Key numbers, fiscal 2025
Market cap
Last close times the latest diluted share count, so it is approximate.
β
P/E
Last close divided by diluted earnings per share over the last four quarters.
β
On β$0.99 EPS (TTM)
Sales and profit
Is it selling more, and how much does it keep?
Revenue and margins
KIRA Β· Origin Agritech LTD had $12.7M of revenue in fiscal 2025, down 19.6% on the year before. Over five years, revenue changed +11.1% a year on average.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
FY16
Revenue $0.1M
FY17
Revenue $0.1M
FY18
Revenue $2.0M
FY19
Revenue $13.4M
FY20
Revenue $7.5M
FY21
Revenue $7.1M
FY22
Revenue $8.0M
FY23
Revenue $13.2M
FY24
Revenue $15.7M
FY25
Revenue $12.7M
FY16
Gross 100.0%
Operating β12,749.0%
Net β13,637.0%
FCF 6,694.2%
FY17
Gross 22.1%
Operating β
Net β8,697.9%
FCF β14,113.4%
FY18
Gross 45.5%
Operating β
Net β1,188.7%
FCF β100.8%
FY19
Gross β13.9%
Operating β
Net β67.2%
FCF β65.0%
FY20
Gross 6.7%
Operating β
Net β162.4%
FCF β10.7%
FY21
Gross 27.6%
Operating β
Net β197.2%
FCF β55.6%
FY22
Gross 30.8%
Operating β
Net β11.9%
FCF 5.1%
FY23
Gross 18.5%
Operating β
Net 59.3%
FCF β15.4%
FY24
Gross 14.2%
Operating β
Net 18.3%
FCF β17.6%
FY25
Gross 7.0%
Operating β
Net β58.4%
FCF β37.3%
Gross
Operating
Net
FCF
Net income and earnings per share
KIRA Β· Origin Agritech LTD lost $7.4M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
FY16
Net income β$10.0M
FY17
Net income β$11.1M
FY18
Net income β$23.5M
FY19
Net income β$9.0M
FY20
Net income β$12.2M
FY21
Net income β$14.1M
FY22
Net income β$1.0M
FY23
Net income $7.8M
FY24
Net income $2.9M
FY25
Net income β$7.4M
FY16
Diluted EPS β$0.44
FY17
Diluted EPS β$0.48
FY18
Diluted EPS β$7.67
FY19
Diluted EPS β$2.16
FY20
Diluted EPS β$2.42
FY21
Diluted EPS β$2.50
FY22
Diluted EPS β$0.17
FY23
Diluted EPS $1.19
FY24
Diluted EPS $0.44
FY25
Diluted EPS β$0.99
Cash and shareholders
How much cash comes in, and where does it go?
Cash flow
KIRA Β· Free cash flow was β$4.7M in fiscal 2025, β37.3% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
FY16
Free cash flow $4.9M
FY17
Free cash flow β$18.0M
FY18
Free cash flow β$2.0M
FY19
Free cash flow β$8.7M
FY20
Free cash flow β$0.8M
FY21
Free cash flow β$4.0M
FY22
Free cash flow $0.4M
FY23
Free cash flow β$2.0M
FY24
Free cash flow β$2.8M
FY25
Free cash flow β$4.7M
FY16
Cash from operations $7.3M
Capital spending $2.4M
FY17
Cash from operations β$17.6M
Capital spending $0.4M
FY18
Cash from operations β$1.5M
Capital spending $0.5M
FY19
Cash from operations β$8.7M
Capital spending $0.0M
FY20
Cash from operations β$0.8M
Capital spending $0.0M
FY21
Cash from operations β$3.9M
Capital spending $0.1M
FY22
Cash from operations $0.5M
Capital spending $0.1M
FY23
Cash from operations β$0.8M
Capital spending $1.3M
FY24
Cash from operations β$2.1M
Capital spending $0.7M
FY25
Cash from operations β$3.2M
Capital spending $1.6M
Cash from operations
Capital spending
Dividends, buybacks and share count
KIRA Β· Origin Agritech LTD returned $0.2M to shareholders in fiscal 2025. The diluted share count rose 15.9%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
FY16
Dividends β
Buybacks β
FY17
Dividends β
Buybacks β
FY18
Dividends β
Buybacks β
FY19
Dividends β
Buybacks β
FY20
Dividends β
Buybacks β
FY21
Dividends β
Buybacks β
FY22
Dividends $0.4M
Buybacks β
FY23
Dividends $0.0M
Buybacks β
FY24
Dividends $0.1M
Buybacks β
FY25
Dividends $0.2M
Buybacks β
Dividends
Buybacks
FY16
Diluted shares 0.00B
FY17
Diluted shares 0.00B
FY18
Diluted shares 0.00B
FY19
Diluted shares 0.00B
FY20
Diluted shares 0.01B
FY21
Diluted shares 0.01B
FY22
Diluted shares 0.01B
FY23
Diluted shares 0.01B
FY24
Diluted shares 0.01B
FY25
Diluted shares 0.01B
Insider trades
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Financial health
Can it carry its debts, and how well does it use its money?
Balance sheet
KIRA Β· Origin Agritech LTD owes $0.4M more than it holds in cash.
Cash, debt and the ratios that show how comfortably Origin Agritech LTD can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
FY16
Cash $8.2M
Debt $22.8M
FY17
Cash $0.5M
Debt $16.1M
FY18
Cash $0.3M
Debt $11.4M
FY19
Cash $0.4M
Debt $11.0M
FY20
Cash $3.3M
Debt $20.2M
FY21
Cash $2.4M
Debt $21.3M
FY22
Cash $2.5M
Debt $19.3M
FY23
Cash $3.2M
Debt $0.8M
FY24
Cash $1.2M
Debt $2.2M
FY25
Cash $2.2M
Debt $2.6M
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $2.4M | $2.5M | $3.2M | $1.2M | $2.2M |
| Debt incl. finance leases | $21.3M | $19.3M | $0.8M | $2.2M | $2.6M |
| Current ratio | 0.2x | 0.3x | 0.5x | 0.5x | 0.4x |
| Quick ratio | 0.2x | 0.3x | 0.4x | 0.5x | 0.3x |
| Total assets | $18.4M | $19.1M | $32.7M | $18.8M | $14.1M |
| Total liabilities | $47.1M | $43.4M | $43.8M | $27.1M | $22.8M |
| Shareholders' equity | β$21.8M | β$18.8M | β$7.9M | β$4.5M | β$3.3M |
| Net debt (β = net cash) | $18.9M | $16.9M | β$2.4M | $1.0M | $0.4M |
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
FY16
Return on capital β17.8%
Return on equity β37.1%
Return on assets β7.6%
FY17
Return on capital β
Return on equity β50.6%
Return on assets β12.3%
FY18
Return on capital β
Return on equity β353.4%
Return on assets β42.2%
FY19
Return on capital β
Return on equity β
Return on assets β18.2%
FY20
Return on capital β
Return on equity β
Return on assets β32.9%
FY21
Return on capital β
Return on equity β
Return on assets β50.4%
FY22
Return on capital β
Return on equity β
Return on assets β5.1%
FY23
Return on capital β
Return on equity β
Return on assets 30.3%
FY24
Return on capital β
Return on equity β
Return on assets 11.2%
FY25
Return on capital β
Return on equity β
Return on assets β44.9%
Return on capital
Return on equity
Return on assets
Piotroski F-score
KIRA Β· Origin Agritech LTD passes 2 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 1 / 9 | 4 / 9 | 3 / 9 | 3 / 9 | 3 / 9 | 7 / 9 | 4 / 9 | 4 / 9 | 2 / 9 |
| Accruals ratio | β13.2% | 7.2% | β39.5% | β0.6% | β30.7% | β36.6% | β7.8% | 33.3% | 19.3% | β25.7% |
| Altman Z'' | β1.88 | β | β | β | β | β | β | β | β | β |
All figures
Every number, year by year.
10 years of figures
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $0.1M | $0.1M | $2.0M | $13.4M | $7.5M | $7.1M | $8.0M | $13.2M | $15.7M | $12.7M |
| Net interest income | β | β | β | β | β | β$1.3M | β$1.3M | β$0.1M | β | β |
| Provision for credit losses | β | β | $0.0M | $0.0M | $4.0M | $0.6M | β | β | β | β |
| Gross profit | $0.1M | $0.0M | $0.9M | β$1.9M | $0.5M | $2.0M | $2.5M | $2.4M | $2.2M | $0.9M |
| Research and development | $6.3M | $5.7M | $4.1M | $1.9M | $0.6M | $0.3M | $1.1M | $1.1M | $1.4M | $1.8M |
| Operating income | β$9.4M | β | β | β | β | β | β | β | β | β |
| Interest expense | $1.2M | $1.3M | $3.5M | $0.7M | $0.8M | $1.3M | $1.3M | β | β | β |
| Pretax income | β$11.2M | β$17.9M | β$23.4M | β$9.5M | β$14.6M | β$19.5M | $0.4M | $8.9M | $2.6M | β$8.1M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.1M | $0.1M | $0.0M | β$0.0M | $0.0M | $0.0M | β$0.0M |
| Net income | β$10.0M | β$11.1M | β$23.5M | β$9.0M | β$12.2M | β$14.1M | β$1.0M | $7.8M | $2.9M | β$7.4M |
| Diluted EPS | β$0.44 | β$0.48 | β$7.67 | β$2.16 | β$2.42 | β$2.50 | β$0.17 | $1.19 | $0.44 | β$0.99 |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B |
| Cash flow | ||||||||||
| Cash from operations | $7.3M | β$17.6M | β$1.5M | β$8.7M | β$0.8M | β$3.9M | $0.5M | β$0.8M | β$2.1M | β$3.2M |
| Capital expenditure | $2.4M | $0.4M | $0.5M | $0.0M | $0.0M | $0.1M | $0.1M | $1.3M | $0.7M | $1.6M |
| Free cash flow | $4.9M | β$18.0M | β$2.0M | β$8.7M | β$0.8M | β$4.0M | $0.4M | β$2.0M | β$2.8M | β$4.7M |
| Depreciation and amortization | $4.8M | $4.1M | $2.5M | $2.0M | $1.5M | $1.3M | $0.6M | $0.6M | $0.4M | $0.4M |
| Stock-based compensation | $1.3M | $0.8M | $0.7M | $1.8M | $1.9M | $1.7M | $0.2M | $0.2M | $0.7M | $3.2M |
| Dividends paid | β | β | β | β | β | β | $0.4M | $0.0M | $0.1M | $0.2M |
| Dividends and buybacks | β | β | β | β | β | β | $0.4M | $0.0M | $0.1M | $0.2M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $8.2M | $0.5M | $0.3M | $0.4M | $3.3M | $2.4M | $2.5M | $3.2M | $1.2M | $2.2M |
| Total debt | $22.8M | $16.1M | $11.4M | $11.0M | $20.2M | $21.3M | $19.3M | $0.8M | $2.2M | $2.6M |
| Current assets | $71.7M | $13.4M | $31.2M | $9.7M | $9.5M | $9.0M | $11.5M | $19.4M | $14.2M | $9.3M |
| Current liabilities | $92.1M | $20.2M | $62.8M | $34.7M | $26.0M | $44.3M | $41.2M | $42.9M | $26.3M | $21.0M |
| Inventory | $0.1M | $3.5M | $11.9M | $4.0M | $2.0M | $0.6M | $0.3M | $1.8M | $1.8M | $2.0M |
| Property and equipment, net | $22.8M | $26.7M | $25.1M | $20.9M | $17.0M | $7.5M | $6.5M | $2.9M | $4.0M | $4.0M |
| Goodwill | $1.8M | β | β | β | β | β | β | β | β | β |
| Intangible assets | $2.2M | $2.9M | $2.4M | $1.8M | $1.4M | $0.3M | $0.3M | $0.4M | $0.5M | β |
| Total assets | $132M | $48.7M | $62.5M | $36.6M | $37.4M | $18.4M | $19.1M | $32.7M | $18.8M | $14.1M |
| Total liabilities | $99.2M | $31.8M | $65.9M | $38.7M | $50.0M | $47.1M | $43.4M | $43.8M | $27.1M | $22.8M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | β | β | β | β | β | β |
| Shareholders' equity | $27.0M | $16.9M | β$3.6M | β$3.2M | β$11.3M | β$21.8M | β$18.8M | β$7.9M | β$4.5M | β$3.3M |
| Margins | ||||||||||
| Gross margin | 100.0% | 22.1% | 45.5% | β13.9% | 6.7% | 27.6% | 30.8% | 18.5% | 14.2% | 7.0% |
| Operating margin | β12,749.0% | β | β | β | β | β | β | β | β | β |
| EBITDA margin | β6,256.4% | β | β | β | β | β | β | β | β | β |
| Net margin | β13,637.0% | β8,697.9% | β1,188.7% | β67.2% | β162.4% | β197.2% | β11.9% | 59.3% | 18.3% | β58.4% |
| FCF margin | 6,694.2% | β14,113.4% | β100.8% | β65.0% | β10.7% | β55.6% | 5.1% | β15.4% | β17.6% | β37.3% |
| Net interest share of revenue | β | β | β | β | β | β18.4% | β15.6% | β1.1% | β | β |
| Returns | ||||||||||
| Return on capital | β17.8% | β | β | β | β | β | β | β | β | β |
| Return on capital employed | β23.5% | β | β | β | β | β | β | β | β | β |
| Return on equity | β37.1% | β50.6% | β353.4% | β | β | β | β | β | β | β |
| Return on assets | β7.6% | β12.3% | β42.2% | β18.2% | β32.9% | β50.4% | β5.1% | 30.3% | 11.2% | β44.9% |
| Return on tangible equity | β43.5% | β79.3% | β | β | β | β | β | β | β | β |
| Growth | ||||||||||
| Revenue growth | β | 73.5% | 1,447.5% | 580.1% | β44.2% | β4.8% | 12.5% | 64.8% | 19.0% | β19.6% |
| Net income growth | β | β | β | β | β | β | β | β | β63.3% | β357.2% |
| EPS growth | β | β | β | β | β | β | β | β | β62.8% | β322.3% |
| FCF growth | β | β465.8% | β | β | β | β | β | β599.9% | β | β |
| Share count change | β | 1.8% | 9.0% | 36.6% | 20.2% | 11.7% | 2.8% | 13.7% | β1.5% | 15.9% |
| Financial health | ||||||||||
| Debt / equity | 0.8x | 1.0x | β | β | β | β | β | β | β | β |
| Interest coverage | β8.1x | β | β | β | β | β | β | β | β | β |
| Current ratio | 0.8x | 0.7x | 0.5x | 0.3x | 0.4x | 0.2x | 0.3x | 0.5x | 0.5x | 0.4x |
| Quick ratio | 0.8x | 0.5x | 0.3x | 0.2x | 0.3x | 0.2x | 0.3x | 0.4x | 0.5x | 0.3x |
| Capital allocation | ||||||||||
| Capex / revenue | 3,267.7% | 301.6% | 23.1% | 0.0% | 0.0% | 1.5% | 1.2% | 9.6% | 4.4% | 12.3% |
| Stock comp / revenue | 1,829.1% | 621.1% | 33.4% | 13.2% | 25.1% | 23.6% | 2.0% | 1.2% | 4.6% | 25.3% |
| Payouts / FCF | β | β | β | β | β | β | 91.2% | β | β | β |
| Quality scores | ||||||||||
| Piotroski F-score | β | 1.0 | 4.0 | 3.0 | 3.0 | 3.0 | 7.0 | 4.0 | 4.0 | 2.0 |
| Altman Z'' | β1.9 | β | β | β | β | β | β | β | β | β |
| Accruals ratio | β13.2% | 7.2% | β39.5% | β0.6% | β30.7% | β36.6% | β7.8% | 33.3% | 19.3% | β25.7% |
Source: SEC EDGAR XBRL filings (CIK 0001321851). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only β not investment advice. Check the original filings before relying on any figure.