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Rainbow achieved significant growth in 2016
May. 4, 2017
Rainbow Agro
ChinaFollow
China
|
|
2016(yuan)
|
2015(yuan)
|
Change (%)
|
|
Operating income
|
3,801,878,201.02
|
2,906,680,465.48
|
30.80
|
|
Gross margin
|
19.46%
|
16.81%
|
-
|
|
Net profit attributable to shareholders of the listed company
|
238,014,703.00
|
179,415,090.30
|
32.66
|
|
Net profit attributable to shareholders of the listed company, after deducting non-recurring gains
|
237,281,726.33
|
171,958,601.25
|
37.99
|
During the reporting period, the sales of Rainbow’s three major product types – herbicide, insecticide, and fungicide – increased by 22.95%, 67.76%, and 120.67%, respectively. Sales of insecticides and fungicides increased significantly, as the company added insecticide and fungicide varieties, in response to market demand and customer requirements.
|
Category
|
2016 (yuan)
|
Percentage of operating income (%)
|
2015 (yuan)
|
Percentage of operating income (%)
|
|
¬Main business income
|
3,751,083,318.03
|
98.66%
|
2,893,453,974.13
|
98.54%
|
|
Herbicide
|
3,242,646,437.42
|
85.29%
|
2,637,305,766.91
|
90.73%
|
|
Insecticide
|
211,332,069.20
|
5.56%
|
125,971,065.40
|
4.33%
|
|
Fungicide
|
264,814,711.94
|
6.97%
|
120,005,299.00
|
4.13%
|
|
Others
|
32,290,099.47
|
0.85%
|
10,171,842.82
|
0.35%
|
|
¬ Other business income
|
50,794,882.99
|
1.34%
|
13,226,491.35
|
0.46%
|
|
Sales of by-products and materials
|
48,087,390.03
|
1.26%
|
12,605,462.53
|
0.43%
|
|
Others
|
2,707,492.96
|
0.07%
|
621,028.82
|
0.02%
|
|
Total
|
3,801,878,201.02
|
100.00%
|
2,906,680,465.48
|
100.00%
|
Source: AgroNews
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