H

Heilongjiang Agriculture Co Ltd
SSE:600598

Watchlist Manager
Heilongjiang Agriculture Co Ltd
SSE:600598
Watchlist
Price: 14.67 CNY -1.74% Market Closed
Market Cap: 26.1B CNY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+20%
5Y
+59%
10Y
+35%
Operating Income
+
3Y
-13%
5Y
-1%
10Y
+127%
Net Income
+
3Y
-15%
5Y
+20%
10Y
+157%

Earnings Waterfall
Heilongjiang Agriculture Co Ltd

Revenue
5.1B CNY
Cost of Revenue
-3.3B CNY
Gross Profit
1.8B CNY
Operating Expenses
-798.4m CNY
Operating Income
1B CNY
Other Expenses
58.7m CNY
Net Income
1.1B CNY

Income Statement
Heilongjiang Agriculture Co Ltd

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Income Statement
Currency: CNY
Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
71
0
0
0
109
0
0
0
111
0
0
0
105
0
0
0
205
0
0
0
182
0
0
0
122
0
0
0
200
0
0
0
391
0
0
0
373
0
0
0
311
0
0
0
61
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
2
0
0
Revenue
1 866
N/A
2 258
+21%
2 618
+16%
2 944
+12%
3 205
+9%
3 421
+7%
3 417
0%
3 871
+13%
4 052
+5%
4 419
+9%
4 993
+13%
4 845
-3%
4 959
+2%
4 901
-1%
4 786
-2%
5 118
+7%
5 434
+6%
5 799
+7%
6 029
+4%
6 068
+1%
5 610
-8%
5 295
-6%
6 123
+16%
5 789
-5%
6 522
+13%
6 765
+4%
7 614
+13%
8 333
+9%
9 243
+11%
10 319
+12%
12 320
+19%
14 655
+19%
13 333
-9%
15 104
+13%
13 956
-8%
12 180
-13%
13 605
+12%
11 353
-17%
10 142
-11%
9 776
-4%
9 410
-4%
9 185
-2%
7 632
-17%
6 623
-13%
5 114
-23%
3 871
-24%
3 835
-1%
3 767
-2%
3 654
-3%
3 561
-3%
3 447
-3%
3 353
-3%
3 095
-8%
3 168
+2%
2 919
-8%
2 965
+2%
2 992
+1%
3 064
+2%
3 250
+6%
3 317
+2%
3 265
-2%
3 149
-4%
3 192
+1%
3 130
-2%
3 111
-1%
3 158
+2%
3 174
+1%
3 203
+1%
3 241
+1%
3 260
+1%
3 455
+6%
3 591
+4%
3 629
+1%
3 712
+2%
4 178
+13%
4 228
+1%
4 262
+1%
4 409
+3%
4 677
+6%
4 771
+2%
5 044
+6%
5 134
+2%
5 211
+2%
5 423
+4%
5 339
-2%
5 338
0%
5 254
-2%
5 089
-3%
Gross Profit
Cost of Revenue
(963)
(1 299)
(1 570)
(1 781)
(1 887)
(2 095)
(2 040)
(2 510)
(2 691)
(3 011)
(3 546)
(3 423)
(3 497)
(3 416)
(3 284)
(3 533)
(3 767)
(4 025)
(4 221)
(4 248)
(3 890)
(3 627)
(4 493)
(4 162)
(4 791)
(4 967)
(5 735)
(6 435)
(7 221)
(8 221)
(10 115)
(12 352)
(10 907)
(12 633)
(11 472)
(9 658)
(11 398)
(8 923)
(7 635)
(7 260)
(7 183)
(6 700)
(5 235)
(4 195)
(2 596)
(1 585)
(1 363)
(1 248)
(1 231)
(1 146)
(986)
(907)
(651)
(507)
(405)
(427)
(429)
(500)
(599)
(633)
(532)
(469)
(500)
(450)
(446)
(612)
(928)
(1 257)
(1 744)
(1 762)
(1 984)
(2 121)
(2 076)
(2 104)
(2 506)
(2 441)
(2 579)
(2 642)
(2 928)
(3 044)
(3 268)
(3 310)
(3 388)
(3 556)
(3 496)
(3 529)
(3 412)
(3 253)
Gross Profit
903
N/A
960
+6%
1 048
+9%
1 164
+11%
1 318
+13%
1 326
+1%
1 377
+4%
1 361
-1%
1 361
N/A
1 408
+3%
1 447
+3%
1 422
-2%
1 462
+3%
1 485
+2%
1 502
+1%
1 585
+5%
1 667
+5%
1 774
+6%
1 808
+2%
1 821
+1%
1 720
-6%
1 669
-3%
1 631
-2%
1 626
0%
1 731
+6%
1 799
+4%
1 879
+4%
1 898
+1%
2 022
+7%
2 098
+4%
2 206
+5%
2 303
+4%
2 426
+5%
2 471
+2%
2 484
+1%
2 522
+2%
2 207
-13%
2 430
+10%
2 507
+3%
2 515
+0%
2 226
-12%
2 484
+12%
2 396
-4%
2 428
+1%
2 517
+4%
2 286
-9%
2 472
+8%
2 519
+2%
2 424
-4%
2 416
0%
2 461
+2%
2 446
-1%
2 443
0%
2 661
+9%
2 514
-6%
2 538
+1%
2 563
+1%
2 564
+0%
2 651
+3%
2 685
+1%
2 733
+2%
2 679
-2%
2 692
+0%
2 679
0%
2 666
0%
2 546
-4%
2 247
-12%
1 946
-13%
1 496
-23%
1 497
+0%
1 471
-2%
1 470
0%
1 553
+6%
1 608
+3%
1 672
+4%
1 787
+7%
1 682
-6%
1 767
+5%
1 749
-1%
1 727
-1%
1 777
+3%
1 824
+3%
1 823
0%
1 867
+2%
1 843
-1%
1 809
-2%
1 842
+2%
1 836
0%
Operating Income
Operating Expenses
(462)
(487)
(557)
(660)
(769)
(764)
(795)
(772)
(783)
(829)
(864)
(824)
(872)
(879)
(892)
(943)
(959)
(1 031)
(1 057)
(1 051)
(1 081)
(1 053)
(1 065)
(1 122)
(1 339)
(1 433)
(1 475)
(1 545)
(1 534)
(1 541)
(1 636)
(1 704)
(1 822)
(1 795)
(1 788)
(1 821)
(2 153)
(2 413)
(2 742)
(2 730)
(2 348)
(2 586)
(2 276)
(2 290)
(2 281)
(2 165)
(2 071)
(2 061)
(1 799)
(1 837)
(1 836)
(1 847)
(1 715)
(1 768)
(1 823)
(1 786)
(1 748)
(1 658)
(1 624)
(1 651)
(1 635)
(1 606)
(1 598)
(1 532)
(1 730)
(1 419)
(1 150)
(892)
(497)
(442)
(461)
(481)
(530)
(558)
(561)
(588)
(749)
(849)
(893)
(912)
(802)
(822)
(803)
(786)
(824)
(793)
(803)
(798)
Selling, General & Administrative
(479)
(509)
(582)
(686)
(780)
(776)
(816)
(787)
(802)
(831)
(826)
(778)
(700)
(702)
(719)
(772)
(833)
(904)
(925)
(924)
(986)
(963)
(980)
(1 039)
(1 173)
(1 261)
(1 315)
(1 388)
(1 423)
(1 433)
(1 538)
(1 602)
(1 703)
(1 706)
(1 697)
(1 716)
(1 822)
(1 782)
(1 855)
(1 862)
(1 875)
(1 897)
(1 775)
(1 786)
(1 886)
(1 767)
(1 750)
(1 752)
(1 432)
(1 682)
(1 689)
(1 695)
(1 467)
(1 795)
(1 851)
(1 816)
(1 506)
(1 695)
(1 654)
(1 661)
(1 477)
(1 666)
(1 684)
(1 644)
(1 525)
(1 496)
(1 224)
(960)
(418)
(474)
(462)
(444)
(388)
(420)
(407)
(452)
(557)
(620)
(651)
(651)
(581)
(637)
(631)
(632)
(616)
(662)
(660)
(647)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(13)
0
0
0
(5)
0
0
0
(14)
0
0
0
(15)
0
0
0
(16)
0
0
0
(18)
0
0
(3)
(16)
0
(14)
(18)
(14)
(14)
(18)
(16)
(16)
(16)
(15)
(47)
(55)
(65)
(76)
(56)
(73)
(77)
(80)
(91)
(90)
(91)
(91)
(90)
(95)
(97)
(97)
(102)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(268)
0
0
0
(315)
0
0
0
(299)
0
0
0
(223)
0
0
0
(233)
0
0
0
(218)
0
0
0
(195)
0
0
0
(178)
0
0
0
(59)
0
0
0
(53)
0
0
0
(53)
0
0
0
(54)
0
0
0
(67)
0
0
0
Other Operating Expenses
17
22
24
26
11
12
20
16
18
2
(39)
(45)
(172)
(177)
(174)
(172)
(125)
(127)
(132)
(127)
(95)
(90)
(84)
(83)
(166)
(172)
(161)
(157)
(111)
(108)
(99)
(102)
(119)
(89)
(92)
(105)
(50)
(631)
(887)
(868)
(153)
(689)
(501)
(504)
(81)
(398)
(322)
(309)
(129)
(155)
(147)
(152)
2
27
28
29
(6)
38
30
13
53
60
100
130
(14)
91
92
83
(3)
49
15
11
(34)
(74)
(78)
(79)
(66)
(152)
(161)
(170)
(78)
(95)
(80)
(64)
(47)
(35)
(45)
(50)
Operating Income
442
N/A
473
+7%
491
+4%
504
+3%
549
+9%
562
+2%
582
+4%
590
+1%
578
-2%
579
+0%
582
+1%
598
+3%
589
-2%
606
+3%
610
+1%
641
+5%
708
+10%
744
+5%
752
+1%
770
+2%
639
-17%
616
-4%
566
-8%
505
-11%
392
-22%
366
-7%
403
+10%
353
-13%
488
+38%
557
+14%
570
+2%
599
+5%
604
+1%
676
+12%
696
+3%
702
+1%
54
-92%
17
-69%
(235)
N/A
(215)
+9%
(121)
+44%
(102)
+16%
120
N/A
138
+16%
237
+71%
121
-49%
400
+231%
458
+14%
625
+36%
578
-7%
625
+8%
599
-4%
729
+22%
893
+23%
691
-23%
752
+9%
816
+9%
906
+11%
1 026
+13%
1 033
+1%
1 098
+6%
1 073
-2%
1 094
+2%
1 147
+5%
935
-18%
1 127
+21%
1 096
-3%
1 053
-4%
1 000
-5%
1 056
+6%
1 010
-4%
989
-2%
1 023
+3%
1 049
+3%
1 111
+6%
1 199
+8%
933
-22%
918
-2%
856
-7%
815
-5%
974
+20%
1 001
+3%
1 020
+2%
1 081
+6%
1 018
-6%
1 015
0%
1 039
+2%
1 038
0%
Pre-Tax Income
Interest Income Expense
(60)
(71)
(76)
(82)
(91)
(96)
(102)
(101)
(93)
(90)
(89)
(84)
(66)
(72)
(74)
(95)
(184)
(205)
(214)
(230)
(152)
(147)
(127)
(113)
(113)
(116)
(154)
(165)
(186)
(240)
(254)
(284)
(224)
(287)
(249)
(237)
(309)
(260)
(298)
(302)
(293)
363
435
557
(44)
57
62
13
38
26
34
38
12
10
(6)
(15)
(29)
(35)
(8)
1
(46)
(46)
(77)
(86)
62
(24)
(12)
1
96
55
77
82
92
58
71
79
125
126
141
163
176
135
129
105
128
99
85
85
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
645
0
0
0
10
0
0
0
(5)
0
0
0
12
(2)
(2)
(2)
(7)
0
0
(0)
2
0
17
18
15
0
1
0
(81)
0
0
0
(112)
1
2
2
(31)
0
0
0
(19)
(0)
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
0
0
0
(1)
0
0
0
3
0
0
0
(4)
0
0
0
(9)
0
0
0
1
(4)
(4)
(4)
(53)
(50)
(50)
(50)
(15)
0
(14)
(10)
0
4
4
(1)
0
0
0
0
(66)
0
0
0
(24)
0
0
0
(23)
0
0
0
(7)
0
0
0
(6)
0
0
0
0
0
0
0
(7)
0
0
0
Total Other Income
2
2
2
1
(9)
(9)
(8)
(5)
8
14
19
16
15
14
10
9
20
19
17
16
74
75
113
123
57
51
23
27
51
54
62
49
75
73
33
7
(43)
(56)
(50)
(64)
(93)
(89)
(84)
(48)
(50)
(50)
(43)
(35)
(25)
(40)
(27)
(34)
(22)
(37)
(41)
(54)
(36)
(56)
(46)
(41)
(45)
(113)
(115)
(146)
(152)
(174)
(175)
(170)
(101)
(126)
(125)
(387)
(296)
(305)
(280)
17
18
12
(12)
(13)
(9)
(13)
(17)
(21)
(17)
(24)
(22)
(17)
Pre-Tax Income
383
N/A
403
+5%
416
+3%
423
+2%
450
+6%
457
+2%
472
+3%
484
+2%
492
+2%
502
+2%
512
+2%
531
+4%
538
+1%
549
+2%
546
0%
555
+2%
544
-2%
558
+3%
555
0%
555
+0%
561
+1%
543
-3%
552
+2%
515
-7%
335
-35%
301
-10%
273
-10%
215
-21%
356
+66%
371
+4%
378
+2%
364
-4%
451
+24%
463
+3%
480
+4%
471
-2%
(306)
N/A
(299)
+2%
(582)
-95%
(580)
+0%
(506)
+13%
169
N/A
466
+177%
644
+38%
735
+14%
77
-89%
370
+378%
386
+4%
632
+64%
564
-11%
618
+9%
594
-4%
714
+20%
870
+22%
647
-26%
682
+5%
763
+12%
812
+6%
970
+19%
991
+2%
933
-6%
914
-2%
902
-1%
915
+1%
822
-10%
930
+13%
927
0%
903
-3%
987
+9%
985
0%
963
-2%
684
-29%
732
+7%
802
+10%
902
+12%
1 295
+44%
958
-26%
1 056
+10%
987
-7%
965
-2%
1 111
+15%
1 123
+1%
1 132
+1%
1 165
+3%
1 103
-5%
1 090
-1%
1 103
+1%
1 106
+0%
Net Income
Tax Provision
0
0
(1)
(1)
(2)
(2)
(2)
(2)
1
1
(7)
(5)
(10)
(10)
(4)
(10)
(3)
(3)
(2)
1
(9)
(9)
(8)
(7)
(10)
(10)
(10)
(10)
(7)
(7)
(7)
(8)
(27)
(30)
(30)
(30)
(13)
(11)
(12)
(11)
(4)
(4)
(4)
(3)
(13)
(13)
(13)
(14)
(11)
(11)
(10)
(9)
(1)
(1)
(0)
(0)
0
0
(3)
(5)
(18)
(18)
(9)
(8)
11
10
(1)
(4)
(15)
(16)
(18)
(19)
(33)
(37)
(38)
(36)
(12)
(15)
(17)
(19)
(26)
(18)
(20)
(21)
(16)
(20)
(16)
(10)
Income from Continuing Operations
383
403
416
422
448
455
471
482
493
503
505
526
528
539
543
545
541
555
553
557
552
535
544
508
325
292
262
204
349
364
371
356
424
433
450
441
(318)
(310)
(594)
(591)
(510)
164
463
641
723
65
357
372
622
554
608
585
714
869
647
682
762
812
967
986
915
896
893
907
834
940
925
898
972
969
945
665
699
765
864
1 259
946
1 041
970
947
1 084
1 105
1 112
1 143
1 086
1 070
1 087
1 096
Income to Minority Interest
0
(0)
(1)
(1)
(1)
(1)
0
1
4
3
2
2
(2)
(2)
(1)
(2)
(5)
(5)
(6)
(6)
36
47
51
54
33
29
35
45
9
4
(5)
21
17
24
36
23
131
147
169
168
134
124
105
91
77
68
59
55
37
36
36
36
22
23
20
18
17
12
8
7
61
64
68
68
15
15
15
16
18
19
19
137
71
158
155
36
29
29
34
34
(21)
(22)
(25)
(26)
1
1
1
1
Net Income (Common)
383
N/A
403
+5%
415
+3%
421
+1%
446
+6%
454
+2%
470
+4%
483
+3%
497
+3%
505
+2%
507
+0%
528
+4%
526
0%
537
+2%
541
+1%
543
+0%
537
-1%
550
+2%
547
-1%
551
+1%
588
+7%
582
-1%
595
+2%
562
-6%
359
-36%
320
-11%
297
-7%
250
-16%
357
+43%
368
+3%
366
-1%
377
+3%
441
+17%
457
+4%
486
+6%
463
-5%
(188)
N/A
(163)
+13%
(425)
-161%
(423)
+0%
(377)
+11%
288
N/A
568
+97%
731
+29%
800
+9%
133
-83%
416
+213%
427
+3%
659
+54%
590
-11%
644
+9%
621
-4%
735
+18%
892
+21%
667
-25%
700
+5%
780
+11%
824
+6%
975
+18%
993
+2%
976
-2%
960
-2%
961
+0%
975
+1%
849
-13%
954
+12%
940
-1%
914
-3%
990
+8%
988
0%
964
-2%
803
-17%
770
-4%
923
+20%
1 020
+10%
1 295
+27%
975
-25%
1 070
+10%
1 004
-6%
981
-2%
1 064
+8%
1 083
+2%
1 087
+0%
1 117
+3%
1 087
-3%
1 071
-1%
1 088
+2%
1 097
+1%
EPS (Diluted)
0.22
N/A
0.23
+5%
0.24
+4%
0.24
N/A
0.25
+4%
0.27
+8%
0.27
N/A
0.28
+4%
0.28
N/A
0.29
+4%
0.3
+3%
0.31
+3%
0.32
+3%
0.32
N/A
0.32
N/A
0.33
+3%
0.33
N/A
0.33
N/A
0.33
N/A
0.33
N/A
0.36
+9%
0.35
-3%
0.36
+3%
0.33
-8%
0.21
-36%
0.18
-14%
0.16
-11%
0.13
-19%
0.2
+54%
0.21
+5%
0.21
N/A
0.22
+5%
0.25
+14%
0.25
N/A
0.27
+8%
0.26
-4%
-0.11
N/A
-0.08
+27%
-0.23
-188%
-0.23
N/A
-0.21
+9%
0.16
N/A
0.32
+100%
0.41
+28%
0.45
+10%
0.08
-82%
0.23
+188%
0.24
+4%
0.37
+54%
0.33
-11%
0.36
+9%
0.34
-6%
0.41
+21%
0.5
+22%
0.38
-24%
0.4
+5%
0.44
+10%
0.46
+5%
0.54
+17%
0.55
+2%
0.55
N/A
0.53
-4%
0.53
N/A
0.54
+2%
0.48
-11%
0.53
+10%
0.53
N/A
0.52
-2%
0.56
+8%
0.56
N/A
0.54
-4%
0.45
-17%
0.43
-4%
0.52
+21%
0.57
+10%
0.73
+28%
0.55
-25%
0.6
+9%
0.57
-5%
0.55
-4%
0.6
+9%
0.61
+2%
0.61
N/A
0.63
+3%
0.61
-3%
0.6
-2%
0.61
+2%
0.62
+2%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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