Origin Agritech (SEED) Operating Expenses (2009 - 2023)
Origin Agritech's (SEED) quarterly Operating Expenses came in at -$4.5 million in Q3 2023, down 9.59% year-over-year from -$5.0 million in Q3 2022, and down 317.57% quarter-over-quarter from $2.1 million in Q1 2023.
Analysis
Origin Agritech (SEED) Operating Expenses (2009 - 2023) Analysis & Trends
Origin Agritech (SEED) has reported Operating Expenses for 14 consecutive years, with -$4.5 million the latest figure, recorded in Q3 2023.
- On a quarterly basis, Operating Expenses fell 9.59% year-over-year to -$4.5 million in Q3 2023; TTM through Sep 2023 was -$10.6 million, a 63.91% increase from a year earlier, with the FY2025 full-year figure at -$9.0 million, down 220.2% from the prior year.
- Operating Expenses was -$4.5 million for Q3 2023 at Origin Agritech, down from $2.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $21.5 million in Q1 2022 and troughed at -$23.6 million in Q4 2021.
- A 5-year average of -$3.5 million and a median of -$4.1 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 107.83% in 2020 and surged 134.08% in 2021, its largest moves.
- Over 5 years, Operating Expenses stood at -$6.9 million in 2019, then plunged by 107.83% to -$14.3 million in 2020, then tumbled by 64.3% to -$23.6 million in 2021, then surged by 82.65% to -$4.1 million in 2022, then dropped by 9.78% to -$4.5 million in 2023.
- The last three Operating Expenses figures came in at -$4.5 million (Q3 2023), $2.1 million (Q1 2023), and -$4.1 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Corteva | 57.15 Bn | 54.79 Bn | 3.66 Bn | 1.60 Bn |
| 2 | Fmc | 1.52 Bn | 1.04 Bn | 342.10 Mn | 986.80 Mn |
| 3 | Cibus | 121.27 Mn | 100.85 Mn | - | 13.92 Mn |
| 4 | American Vanguard | 65.18 Mn | 21.28 Mn | 34.71 Mn | 33.11 Mn |
| 5 | Bioceres Crop Solutions | 26.24 Mn | 11.34 Mn | 12.70 Mn | -18.00 Mn |
| 6 | Genvor | 25.12 Mn | 24.93 Mn | - | 2.48 Mn |
| 7 | Origin Agritech | 8.02 Mn | 4.44 Mn | - | - |
| 8 | SenesTech | 4.66 Mn | -422,000.89 | 567,000.00 | 2.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -4.49 Mn |
| Mar 31, 2023 | 2.06 Mn |
| Dec 31, 2022 | -4.09 Mn |
| Sep 30, 2022 | -4.10 Mn |
| Mar 31, 2022 | 21.50 Mn |
| Dec 31, 2021 | -23.58 Mn |
| Sep 30, 2021 | -23.24 Mn |
| Mar 31, 2021 | 12.80 Mn |
| Dec 31, 2020 | -14.35 Mn |
| Mar 31, 2020 | 5.47 Mn |
| Dec 31, 2019 | -6.90 Mn |
| Mar 31, 2017 | -4.54 Mn |
| Dec 31, 2016 | -3.75 Mn |
| Sep 30, 2016 | 2.06 Mn |
| Jun 30, 2016 | -4.37 Mn |
| Mar 31, 2016 | -3.85 Mn |
| Dec 31, 2015 | -3.99 Mn |
| Sep 30, 2015 | 2.90 Mn |
| Jun 30, 2015 | -3.06 Mn |
| Mar 31, 2015 | -3.23 Mn |