Longping High-Tech disclosed its earnings forecast, expecting a net loss attributable to shareholders of 250 million to 285 million yuan in the first half of 2026, compared with a loss of 164 million yuan in the same period last year. The company explained that the domestic seed market is under pressure due to high industry inventory, and its proactive destocking led to declines in sales volume and prices. Overseas markets were affected by extreme weather, imbalances in the sowing window, and fluctuations in international oil prices, resulting in a year-on-year decline in corn seed sales. Additionally, while the same period last year included foreign exchange gains, the current period saw exchange gains and losses return to a reasonable range. The net loss after deducting non-recurring items is expected to be between 250 million and 300 million yuan, with basic earnings per share ranging from negative 0.1701 yuan to negative 0.194 yuan. Based on the closing price on July 14, the company's price-to-earnings ratio is approximately 147.87 to 263.64 times, the price-to-book ratio is about 1.76 times, and the price-to-sales ratio is about 1.48 times.
Yuan Longping High-tech Agriculture Co LtdCompany expects widened net loss due to high industry inventory, proactive destocking, and overseas market challenges causing sales volume and price declines.