Sign up for our free weekly newsletter
Informed comment and
independent news delivered
by email every week.
Sign up here.
Find out more about Agriprods Forums
Management and investors
are brought together at our
investor forums.
Find out more.
Bulletin Board
Join other informed investors.
Debate agricultural companies.
Visit Bulletin Boards.
Commodity Watch Radio
allipo.com
Terrapinn Commodity Investment World
The Munro Fund
Ambrian Capital
Adopt an Acre - Become a Rainforest Guardian

Company Information for Bodisen Biotech, Inc.

Company stock charts - 12 Month chart

Exchange AIM; BODI


View full financial data
Exchange OTCBB; BBCZ


View full financial data

Company Statement

We are a US public company with our main business in China

We are registered in Delaware that engages in the research, manufacturing and marketing of proprietary technology based environmentally friendly fertilizers targeting the $17 billion per year Chinese fertilizer industry.

Our shares are quoted on the Pink Sheets (stock symbol: BBCZ) and dual listed on the London Stock Exchange AIM market (stock symbol: BODI)
Through an IPO that was completed in February 2006 with Deloitte & Touche as reporting accountant and global law firms as legal advisors, Bodisen became the largest (market cap) China based company listed on the AIM market. Our 12 million British Pound dual listing IPO offering was 3.5 times over subscribed by UK institutional investors. Bodisen is in good listing compliance under both US and UK regulations.
 
We provide environmentally friendly fertilizers to China's 900 million farmers

With over 60 products and approximately 600 national distribution centers and growing, Bodisen has experienced rapid growth in recent years. Our products have been proven to increase crop yields by 10% to 35%, substantially improving the lifestyles of Chinese farmers whose livelihood are solely dependent upon their crop yields. In January 2006, Forbes China ranked Bodisen the 16th fastest growing company in China. In January 2005, Bodisen was ranked the 94th fastest growing company in China.

Our products have strong demand from Chinese farmers.

Bodisen products are not only environment-friendly, but in a country striving to diminish its dependency on imports, it improves crop yields dramatically. Bodisen's products are based on proprietary technologies and have been developed by the Company's founder and President Mr. Bo Chen and its team of scientists in collaboration with scientists at local university laboratories.

We are a company with strong growth and earnings (in US dollars)
2003: Revenue - $9.8 million; Net income: $1.97 million
2004: Revenue - $16.23 million; Net income: $5.05 million
2005: Revenue - $30.98 million; Net income: $7.43 million
2006 - 1Q: Revenue: $10.54 million; Net income: $2.68 million

Company Diagram

Bodisen's range of pesticides and fertilizers are increasingly popular in the Chinese agricultural sector. With over 60 different products in three categories: compound fertilizers, liquid fertilizers and pesticides, we enjoy on average net margin of approximately 30% across our product lines. Our products are sold in all seasons.


Current Operations

The Market
With 1.3 billion people, China is struggling to improve its agricultural yield and make the country less dependent on imports. One of the problems it faces is that years of intensive farming combined with the use of poor agricultural methods have reduced yields significantly. The government is encouraging the private sector to introduce organic farming to improve yields and lower soil toxicity. For years Bodisen has been developing a full line of organic fertilizers and pesticides that improve yields by 10% to 35%. In a short time the Company has gained a reputation for producing "green" products that address farmers' concerns in a market that is growing exponentially. With over 60 products today and an ongoing R&D effort, Bodisen is well positioned to assert its leadership and capture market share.

Competition
The compound fertilizer industry is largely fragmented with most competitors operating small regional factories, serving local requirements. Most companies are product specific and typically do not promote their products through brand names, unlike Bodisen which is widely accepted in western China as a recognized brand. Bodisen has not yet identified any significant direct competition in Shaanxi province that operates in all three segments (compound, liquid fertilizer and pesticide) of the organic fertilizer business. Bodisen sells its products in twenty provinces throughout China and is expanding into additional areas while penetrating more deeply in its existing markets. Its location in Shaanxi Province,"the gateway to the west", positions Bodisen to capture this market as it matures.

Growth Strategy
The size of the market continues to grow exponentially and Bodisen is expanding its manufacturing and distribution capabilities accordingly. In order to further penetrate its home province, as well as expand into new markets, Bodisen will franchise its distribution to wholesalers. This will give the company a much larger footprint while controlling costs.Bodisen has allocated significant sums for R&D, with the purpose of developing new products such as bacteria-based pesticides and creating fungus-resistant crops. A new manufacturing technique to improve the quality of its fertilizers is among these projects. The company's team of scientists continues to work closely with the universities to develop new techniques and products.The sheer size of the agricultural market in China, combined with a growing demand for "green" products that can improve crop yields will drive Bodisen's growth for years to come.


Geographical Spread


Board of Directors and Key Management

Mrs. Wang Qiong Board Member
Mr. Chen Bo Chairman & CEO & President
Patrick McManu Board Member
David Gatton Board Member
Linzhang Zhu Board Member
Mr. Wang Chunsheng Chief Operations Officer
Ms. Junyan Tong Chief Financial Officer

Company Address

Bodisen Biotech, Inc.
North part of Xinqiao Road
Yangling Agricultural High-tech Industries Demonstration Zone
Shaanxi, China 712100

Telephone:+86-29-87074957
Facsimile:+86-29-87074958
Email:info[at]bodisen.com
Website:http://www.bodisen.com

Most Recent Statement

29/10/08 - Bodisen Biotech, Inc. Announces First Annual Town Hall Meeting in Xinjiang Province
01/10/08 - Update re class action litigation
19/09/08 - Results for the six month period ended 30 June 2008
21/05/08 - 1st Quarter Results
16/04/08 - Final Results
27/09/07 - Interim Results

To top