润丰股份(301035)_公司公告_润丰股份:2025年第三季度报告说明(英文版)

时间:

润丰股份:2025年第三季度报告说明(英文版)下载公告
公告日期:2025-10-24

Investor

Presentation

2025 Q3 Report

Registrations Globally8600+

Staffs Globally5100+

Operational Countries100+

Independent Patents360+

Rainbow Global

Manufacturing BaseSpain

Overseas Subsidiaries120+

Manufacturing BaseArgentina

U.S. Houston, ChampaignManufacturing Bases

Weifang Process Development CenterWeifang, Jinan R&D Centers

OfficeJinan

Weifang, Qingdao, NingxiaManufacturing Bases

ManufacturingBase

Subsidiary /

Office

R&D Centers

27.48

17.21

28.62

27.24

30.86

30.86

30.29

30.13

27.64

22.33

18.90

24.86

22.99

25.47

24.06

25.18

24.48

18.77

24.92

22.54

26.93

14.39

11.95

17.43

14.43

15.41

17.10

22.21

21.83

23.11

19.57

19.25

19.75

18.51

10.50

15.96

12.83

18.75

20.70

21.33

17.99

14.67

13.82

14.42

13.21

10.00 15.00 20.00 25.00 30.00 35.00

123456789101112

Industry Overview

Export Volume Trends of Products Under China HS Code 3808

?Q3 2025: Total export volume increased by 28.69% YoY.* HS: Harmonized System

?Q1-Q3 2025: Total export volume increased by 20.91% YoY.

202520242023202210k Tons

10k Tons

Industry Overview

Export Value Trends of Products Under China HS Code 3808

?Q1-Q3 2025: Total export value increases by 16.48% YoY.

?Q3 2025: Total export value increased by 21.61% YoY.

* HS: Harmonized System

2025202420232022

7.88

4.59

7.69

7.65

8.80

8.79

8.84

9.10

8.18

6.65

5.42

6.94

6.32

7.44

7.15

7.64

7.71

6.12

7.28

6.66

7.71

6.58

4.94

7.26

5.60

5.53

5.41

6.75

6.65

7.27

6.41

5.90

6.07

11.05

6.31

9.02

7.50

10.47

11.07

11.35

9.86

7.79

6.81

6.58

5.82

2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00

123456789101112HundredMillionUSD

HundredMillionUSD

2025202420232022

123456789101112

Export Unit Price Trends of Products Under China HS Code 3808Industry Overview

* HS: Harmonized System* HS: Harmonized System

?Q1-Q3 2025: Monthly average export unit price decreased from $ 2.87/kg in

January to $2.96/kg in September.

2.79 2.75 2.92 2.97 3.03 3.15 3.26 2.92 2.96 2.86 4.57 4.13 4.17 3.88 3.59 3.17 3.04 3.04 3.14 3.27 3.07 3.08 5.97 6.00 5.65 5.85 5.58 5.35 5.32 5.48 5.31 4.93 4.56 4.41 - 1.00 2.00 3.00 4.00 5.00 6.00 7.00

123456789101112USD/Kg

USD/Kg

OperationalReview of OurFour StrategicGrowth Pillars

TOCrevenuerosefrom37.73%inthefirstthreequartersof2024to41.39%inthesameperiodof2025,whilegrossmarginimprovedfrom29.37%to30.88%.

EU&NorthAmericanoperationsincreasedfrom8.53%inthefirstthreequartersof2024to11.35%duringthesameperiodin2025.

Insecticide&fungiciderevenueincreasedfrom25.46%inthefirstthreequartersof

2024to28.64%duringthesameperiodin2025.

RainbowBiohasexpandedoperationsacrossnewmarketsinAfrica,Asia,andtheAmericaswhiledeepeningitspresenceinexistingregions.

Increased To C Business

Q3 2025 Operational Review

Increased EU & NA Business

Increased Insecticide & FungicideBusiness

Rainbow Bio BusinessAcceleration

* EU: European Union* NA: North American

Q1-Q3 2025 Financial Performance Analysis (YoY)

CurrencyRMB

Q1-Q3 2025Q1-Q3 2024%▲NoteSales Revenue10,911,452,

781.83

9,785,195,

972.5811.51%

Stable growth across all businesssegments.

Stable growth across all businesssegments.

Gross Margin(%)

22.08%20.36%172bps

YoY gross margin rateimprovement for both Model A/Band Model C businesses.

YoY gross margin rateimprovement for both Model A/Band Model C businesses.

EBITDA

1,409,677,857.041,214,482,864.9416.07%

Higher gross margin rate drivesYoY EBITDA growth.

Higher gross margin rate drivesYoY EBITDA growth.

EBITDA Profit(%)

12.92%12.41%51bps

Net Profit Attributable to the

Net Profit Attributable to the

Owner of Parent

889,733,

619.13

341,563,

969.19160.49%

?

Revenue growth with grossmargin rate enhancement.

?Increased financial expenses

& hedging gains.Net Operating Cash Flow

1,740,314,337.78459,081,421.38279.09%Improved payment collection.

Financial Highlights

Unit: RMB (¥)

CurrencyRMB

Q1-Q3 2025Q1-Q3 2024%▲Note

Selling & Distribution

Expenses

541,276,

149.24

423,513,

169.9127.81%

Higher sales expenses mainlystemmed from increasedoverseas payroll, export creditinsurance and professionalservice fees.

Higher sales expenses mainlystemmed from increasedoverseas payroll, export creditinsurance and professionalservice fees.

General & Administrative

General & Administrative

Expenses

401,415,

429.92

347,669,

755.5015.46%

Mainly from higher overseaspayroll anddepreciation/amortization.

Mainly from higher overseaspayroll anddepreciation/amortization.

R&D Expenses133,772,

534.32

125,724,

753.406.40%

Primarily due to increased R&Dinvestment.

Primarily due to increased R&Dinvestment.

Q1-Q3 2025 Financial Performance Analysis (YoY)Financial Highlights

Unit: RMB (¥)

Currency

RMB

Q3 2025Q3 2024%▲NoteSales Revenue

4,380,677,

448.62

4,103,439,

313.26.76%

Stable growth across all businesssegments.

Stable growth across all businesssegments.

Gross Margin(%)

23.08%20.56%252bps

YoY gross margin rateimprovement for both Model A/Band Model C businesses.

YoY gross margin rateimprovement for both Model A/Band Model C businesses.

EBITDA

594,267,382.45514,247,915.2915.56%

Higher gross margin rate drivesYoY EBITDA growth.

Higher gross margin rate drivesYoY EBITDA growth.

EBITDA Profit(%)

13.57%12.53%104bps

Net Profit Attributable to the

Net Profit Attributable to the

Owner of Parent

334,130,258.84159,769,717.17109.13%

Revenue growth with gross marginrate enhancement.

Revenue growth with gross marginrate enhancement.

Net Operating Cash Flow847,132,

095.62

597,832,

636.1641.70%

Improved payment collection.

Improved payment collection.

Financial HighlightsQ3 2025 Financial Performance Analysis (YoY)

Unit: RMB (¥)

CurrencyRMB

Q3 2025Q3 2024%▲Note

Selling & Distribution

Expenses

200,431,

556.18

155,794,

042.7628.65%

Higher sales expenses mainlystemmed from increasedoverseas payroll and exportcredit insurance.

Higher sales expenses mainlystemmed from increasedoverseas payroll and exportcredit insurance.

General & Administrative

General & Administrative

Expenses

148,272,

592.23

135,257,

536.769.62%

Primarily due to increaseddepreciation/amortization and ITexpenses during the period.

Primarily due to increaseddepreciation/amortization and ITexpenses during the period.

R&D Expenses50,344,

221.3353,882,633.26

-

6.57%

Financial HighlightsQ3 2025 Financial Performance Analysis (YoY)

Unit: RMB (¥)

Asia (China

inclusive)

13.36%

Q1-Q3 2025 Revenue Status by Geographic Segment

Q1-Q3 2025 Revenue:

10.911billion RMB

Brazil

32.10%

LatinAmerica

24.97%

NorthAmerica

7.30%

Europe

6.30%

MiddleEast/Africa

10.18%

Asia (China

inclusive)

13.30%

Oceania

5.85%

Q1-Q32025

Brazil

29.10%

LatinAmerica

29.31%

NorthAmerica

5.17%

Europe

5.73%

MiddleEast/Africa

9.28%

Oceania

8.06%

Q1-Q32024

Financial Highlights

Quarterly EBITDA & EBITDA% Comparison

EBITDAEBITDA%

11.80%

12.79%

12.53%

12.41%

10.33%

13.99%

13.57%

12.92%

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

16.00%

Q1Q2Q3Q1-Q3

20242025

Financial Highlights

3.18

3.82

5.14

12.14

2.77

5.38

5.94

14.10

- .00 2.00 4.00 6.00 8.00 10.00 12.00 14.00 16.00

Q1Q2Q3Q1-Q3

20242025

HundredMillion

Revenue by Segment (Q1-Q3)Quarterly Revenue by Segment

Q3 2024Q1-Q3 2024Q1-Q3 2025Q3 2025Q2 2025

Mode A + Mode B62.27%Mode C37.73%Mode A + Mode B58.61%Mode C41.39%

Mode A +Mode B

61.98%

Mode C

38.02%

Mode A +Mode B

61.98%

Mode C

38.02%

Mode A +Mode B

58.65%

Mode C

41.35%

Mode A +Mode B

58.65%

Mode C

41.35%

Mode A +Mode B

56.75%

Mode C

43.25%

Mode A +Mode B

56.75%

Mode C

43.25%

Revenue Share by Segment (YoY)Financial Highlights

Gross Margin Rate by Segment (Q1-Q3)Quarterly Gross Margin Rate by Segment

Gross Margin Rate Comparison by SegmentFinancial Highlights

14.91%29.37%15.87%30.88%0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%Mode A + Mode BMode CQ1-Q3 2024Q1-Q3 202515.02%29.59%16.84%31.54%16.43%31.80%0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%Mode A + Mode BMode CQ3 2024Q2 2025Q3 2025

Herbicide

71.77%

Insecticide

18.40%

Fungicide

8.86%

Other

0.97%

Herbicide

72.39%

Insecticide

16.10%

Fungicide

10.02%

Other

1.49%

Herbicide

72.39%

Insecticide

16.10%

Fungicide

10.02%

Other

1.49%

Herbicide

66.96%

Insecticide

21.67%

Fungicide

10.03%

Other

1.34%

Herbicide

66.96%

Insecticide

21.67%

Fungicide

10.03%

Other

1.34%

Herbicide

73.49%

Insecticide

15.81%

Fungicide

9.65%

Other

1.05%

Herbicide

73.49%

Insecticide

15.81%

Fungicide

9.65%

Other

1.05%

Herbicide

70.00%

Insecticide

18.43%

Fungicide

10.21%

Other

1.36%

Herbicide

70.00%

Insecticide

18.43%

Fungicide

10.21%

Other

1.36%

Q3 2025

Revenue by Product Category (Q1-Q3)Quarterly Revenue by Product Category

Q3 2024Q1-Q3 2025Q2 2025Q1-Q3 2024

Revenue by Product CategoryFinancial Highlights

Gross Margin Rate by Product Category (Q1-Q3)Quarterly Gross Margin Rate by Product Category

Gross Margin Rate Comparison by Product Category

Financial Highlights

18.46%26.93%22.82%19.90%28.05%25.68%0.00%5.00%10.00%15.00%20.00%25.00%30.00%HerbicideInsecticideFungicideQ1-Q3 2024Q1-Q3 202518.58%26.73%23.72%20.71%29.09%27.25%20.88%27.90%27.33%0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%HerbicideInsecticideFungicideQ3 2024Q2 2025Q3 2025

THANK YOU

To be a Global Leading Crop

Protection Company


  附件: ↘公告原文阅读
返回页顶

【返回前页】