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,
| 972.58 | 11.51% |
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
| 1,409,677,857.04 | 1,214,482,864.94 | 16.07% |
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,
| 969.19 | 160.49% |
?
Revenue growth with grossmargin rate enhancement.
?Increased financial expenses
& hedging gains.Net Operating Cash Flow
| 1,740,314,337.78 | 459,081,421.38 | 279.09% | Improved payment collection. |
Financial Highlights
Unit: RMB (¥)
CurrencyRMB
Q1-Q3 2025Q1-Q3 2024%▲Note
Selling & Distribution
Expenses
541,276,
149.24
423,513,
| 169.91 | 27.81% |
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,
| 755.50 | 15.46% |
Mainly from higher overseaspayroll anddepreciation/amortization.
Mainly from higher overseaspayroll anddepreciation/amortization.
R&D Expenses133,772,
534.32
125,724,
| 753.40 | 6.40% |
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,
| 313.2 | 6.76% |
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
| 594,267,382.45 | 514,247,915.29 | 15.56% |
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
| 334,130,258.84 | 159,769,717.17 | 109.13% |
Revenue growth with gross marginrate enhancement.
Revenue growth with gross marginrate enhancement.
Net Operating Cash Flow847,132,
095.62
597,832,
| 636.16 | 41.70% |
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,
| 042.76 | 28.65% |
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,
| 536.76 | 9.62% |
Primarily due to increaseddepreciation/amortization and ITexpenses during the period.
Primarily due to increaseddepreciation/amortization and ITexpenses during the period.
R&D Expenses50,344,
| 221.33 | 53,882,633.26 |
-
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 2025 | 15.02%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 2025 | 18.58%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 |
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