Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2023 Rev YoY: +1.4% EPS YoY: -461.5% Move: N/A

China Green Agriculture

CGA

Exchange NYSE Sector Basic Materials Industry Agricultural Inputs

Q4 2023

Published: Dec 15, 2023

Company Status Snapshot

Fast view of the latest quarter outcome for CGA

Reported

Report Date

Dec 15, 2023

Quarter Q4 2023

Revenue

26.74M

YoY: +1.4%

EPS

-0.70

YoY: -461.5%

Market Move

N/A

Previous quarter: N/A

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Earnings Highlights

Revenue of $26.74M up 1.4% year-over-year
EPS of $-0.70 decreased by 461.5% from previous year
Gross margin of 18.1%
Net income of -9.35M
""Our ongoing efforts to innovate our product lines are essential, and we are exploring collaborations that can better position us in the urban agriculture market."" - CGA CEO

CGA

China Green Agriculture Inc

Period Q4 2023

Currency USD

Report Type Quarterly Earnings

Generated Feb 10, 2026

Executive Summary

In Q4 2023, China Green Agriculture Inc (CGA) reported revenues of $26.74 million, a decline of 31.05% sequentially, yet reflecting a 1.39% year-over-year increase. However, the company experienced a net loss of $9.35 million, reflecting ongoing challenges in operational efficiency and market conditions. The management’s commentary indicated a strategic pivot to optimize product offerings and targeting higher-margin segments in the agricultural market. This report will explore the factors influencing these results and provide insights into the company’s position and potential moving forward.

Key Performance Indicators

Revenue

Increasing

26.74M

QoQ: -31.05% | YoY: 1.39%

Gross Profit

Increasing

4.84M

18.11% margin

QoQ: -14.80% | YoY: 16.19%

Operating Income

Decreasing

-9.58M

QoQ: 2.44% | YoY: -499.35%

Net Income

Decreasing

-9.35M

QoQ: 5.06% | YoY: -480.08%

EPS

Decreasing

-0.70

QoQ: 7.59% | YoY: -461.54%

Revenue Trend

Margin Analysis

Financial Highlights

Financial Performance Overview:
- Revenue: $26.74 million (YoY: +1.39%, QoQ: -31.05%)
- Gross Profit: $4.84 million (YoY: +16.19%, QoQ: -14.80%)
- Operating Income: -$9.58 million (YoY: -499.35%, QoQ: +2.44%)
- Net Income: -$9.35 million (YoY: -480.08%, QoQ: +5.06%)
- EPS: -$0.70 (YoY: -461.54%, QoQ: +7.59%)

Despite a slight increase in year-over-year revenue, the substantial decline in QoQ revenue highlights a need for strategic reassessment. Management indicated that cost control measures are underway, and efforts to enhance product pricing and customer acquisition are central to the recovery strategy.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	26.74M	1.39%	-31.05%
Gross Profit	4.84M	16.19%	-14.80%
Operating Income	-9.58M	-499.35%	2.44%
Net Income	-9.35M	-480.08%	5.06%
EPS	-0.70	-461.54%	7.59%

Key Financial Ratios

Gross Profit Margin

Weak

18.10%

Gross profit margin is below industry norms, profitability concerns

Operating Profit Margin

Weak

-0.36%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.35%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.05%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

-0.07%

Return on equity suggests inefficient capital allocation

Current Ratio

Strong

2.50

Current ratio indicates excellent liquidity and financial flexibility

Debt to Equity

Conservative

0.06

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Negative

-0.91x

Negative earnings make P/E ratio not meaningful

Price to Book

Undervalued

0.27x

Trading below book value, potential value opportunity or distressed

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	14.46	0.07	-36.3%	View
Q3 2024	24.79	-0.06	-24.8%	View
Q2 2024	14.35	-0.35	-19.4%	View
Q1 2024	17.36	-0.12	-35.1%	View
Q4 2023	26.74	-0.70	+1.4%	View

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China Green Agriculture (CGA) Q4 2023 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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