Lates News

According to the AI Express of Daily Economic News, Guosen Securities released a research report on May 4th, giving Denghai Seeds (002041.SZ) a rating above the market. The reasons for the rating mainly include: 1) the downturn in the corn seed market, resulting in short-term pressure on seed sales; 2) an increase in expense rates combined with provision for impairment, leading to a significant decline in net profit margin; 3) a slowdown in asset turnover, causing short-term pressure on operating cash flow; 4) the company has sufficient reserves of high-quality corn varieties and is expected to fully benefit from the landing of transgenic technology.