Velt International Group Inc.  (ACUG)
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Velt International Group Inc's



ACUG Sales vs. its Competitors Q2 2019

Comparing the results to its competitors, Velt International Group Inc reported Total Revenue increase in the 2 quarter 2019 by 0 % year on year, while most of its competitors have experienced contraction in revenues by -12.51 %, recorded in the same quarter.

List of ACUG Competitors

Revenue Growth Comparisons

Net Income Comparison

Velt International Group Inc. recorded net loss and most of company's competitors saw decline in earnings by -34.51 %

<<  More on ACUG Income Comparisons

Velt International Group Inc's Comment on Competitors and Industry Peers

Competition in the vegetable seed industry in China and internationally is intense. We face direct competition by other seed companies, including small family-owned businesses, as well as subsidiaries or other affiliates of chemical, pharmaceutical and biotechnology companies, many of which have substantially greater resources than we do. We are a small competitor in the market.
Our principal larger competitors are Monsanto, Syngenta, Limagrain, Bejo, China National Seed Group Co., Ltd. We compete with these larger competitors by offering more flexibility and quicker turnaround time when potential customers or distributors are asking for new seed varieties. There are about 50-60 small to mid-size local Chinese companies that are also importing foreign seeds with which we also compete. We use our management research on the American seed supplier market and contacts we have made with the American supplier market in competing with these competitors, although this may not give us any competitive advantage over our competitors.
However, many of our existing and potential competitors have substantially greater research and product development capabilities and financial, marketing and human resources than we do. As a result, these competitors may:
succeed in developing products that are equal to or superior to our products or potential products or that achieve greater market acceptance than our products or potential products;

devote greater resources to developing, marketing or selling their products;

respond more quickly to new or emerging technologies or scientific advances which could render our products or potential products obsolete or less preferable;

obtain patents that block or otherwise inhibit our ability to develop and commercialize potential products we might otherwise develop;

withstand price competition more successfully than we can;

establish cooperative relationships among themselves or with third parties that enhance their ability to address the needs of our customers or prospective customers; and

take advantage of acquisition or other opportunities more readily than we can.

*Market share is not actual measurement, only performance comparison of companies which report and operate within the same segment.

ACUG's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)

Velt International Group Inc. ACUG 1 1 -1 4
Monsanto Co MON 57,002 14,593 2,503 22,500
Dow Chemical Co DOW 0 57,177 1,057 53,000
Eastman Chemical Co EMN 10,267 9,907 1,053 15,000
Dupont De Nemours, Inc. DD 49,082 22,791 -5,759 63,000
Honeywell International Inc HON 123,970 38,618 7,089 131,000
Cf Industries Holdings, Inc. CF 10,328 4,974 660 2,800
Fmc Corporation FMC 11,044 4,653 503 5,900
Mosaic Co MOS 7,512 9,525 261 9,100
Archer-daniels-midland Co ADM 22,866 63,348 1,325 33,900
Bunge Ltd BG 7,906 42,989 578 33,000
Ricebran Technologies RIBT 89 21 -11 264
Agritech Worldwide, Inc. ZTHO 0 0 0 14
Ceres, Inc. CERE 0 0 0 44
China Green Agriculture, Inc. CGA 171 294 12 17
Chs Inc. CHSCL 0 32,222 850 12,157
Golden Growers Cooperative GGROU 64 53 7 1
Kiwa Bio-tech Products Group Corp KWBT 3 34 -2 1
S&w Seed Co SANW 101 97 -15 69
Intrepid Potash, Inc. IPI 409 111 23 494
I-minerals Inc IMAHF 4 0 -4 5
Li3 Energy, Inc. LIEG 9 0 -45 2
American Vanguard Corp AVD 399 456 21 395
Innophos Holdings, Inc. IPHS 699 766 29 1,319
Lsb Industries Inc LXU 151 401 -55 610
Marrone Bio Innovations Inc MBII 153 27 -23 97
Muliang Agritech, Inc. MHDG 304 13 4 1
Oci Partners Lp OCIP 986 368 41 122
Arcadia Biosciences, Inc. RKDA 26 1 -5 47
Cvr Energy Inc CVI 4,449 6,847 458 968
SUBTOTAL 307,995 310,284 10,553 385,831


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