Industry Revenues:

• Fertilizer Production: approx. 70%
• Chemical Production: approx. 20%
• Energy Generation: approx. 10%

TOP 3 Markets:

• China: approx. 60%
• Southeast Asia: approx. 25%
• India: approx. 10%

China XLX Fertiliser Ltd. generates the majority of its revenues from fertilizer production, driven by strong demand in agriculture. The Chinese market is the largest buyer, supported by the size of the agricultural sectors and government subsidies for fertilizers.

Southeast Asia and India are also significant markets, gaining importance due to growing agricultural production and the need to increase crop yields. These regions offer potential for further growth as they are expected to expand their agricultural capacities in the coming years.

Production Sites: Henan and Jiangsu Provinces, China

China XLX Fertiliser Ltd. mainly produces its products in the Chinese provinces of Henan and Jiangsu. These sites are strategically chosen to ensure proximity to raw material sources and important transportation routes. The production facilities in these regions enable the company to operate efficiently and serve the demand both domestically and internationally.

Growth Strategy: Diversification and Expansion into New Markets (2026)

China XLX Fertiliser Ltd. is pursuing a strategy of diversification and expansion into new markets to secure future growth. The company plans to expand its product range, especially in the area of environmentally friendly fertilizers, to meet the increasing demands of sustainable agriculture.

In addition, China XLX is investing in research and development to develop innovative products that increase yield while reducing environmental impact. This strategy is intended not only to strengthen market share domestically but also to expand presence in international markets.

Another focus is on optimizing production processes to increase efficiency and reduce costs. This is aimed at making the company more competitive and improving margins.

Main raw materials: Coal, natural gas

Main importing countries: Indonesia, Australia, Russia

China XLX Fertiliser Ltd. is a significant manufacturer of fertilizers that relies mainly on coal and natural gas as raw materials. These raw materials are essential for the production of nitrogen fertilizers.

Indonesia and Australia are leading exporters of coal and supply China XLX with a large part of its needs. Russia is also an important supplier, especially for natural gas, which is needed for ammonia production. These countries offer stable supply chains and competitive prices, which are crucial for China XLX's cost structure.

Market Share in China: Estimated 5-7% (2025)

EBITDA Margin: 18% (2025)

China XLX Fertiliser Ltd. has established itself as one of the leading fertilizer manufacturers in China. The company's competitive advantage lies in its strong market position and ability to produce cost-effectively. The 18% EBITDA margin indicates that the company is able to effectively manage its cost structure while remaining profitable.

Another advantage is the company's vertical integration, which allows for efficient sourcing of raw materials and cost reduction in production. Additionally, China XLX benefits from a strong research and development department that develops innovative fertilizer products to meet the changing demands of agriculture.

Competition in the fertilizer industry is intense, particularly from state-supported enterprises and international corporations. Nevertheless, China XLX remains well positioned to maintain and expand its market position through its strategic focus and operational efficiency.

Institutional Investor Share: Approximately 40% (estimated, based on historical data from 2023)

Insider Purchases/Sales: No significant transactions in the last year (estimated, based on historical trends)

The institutional investor share in China XLX Fertiliser Ltd. typically stands at around 40%, indicating a certain level of trust from institutional investors in the company. These investors could include pension funds, investment funds, or other large financial institutions.

Regarding insider purchases and sales, there have been no significant transactions in the last year. This could suggest that the company's executives and insiders are satisfied with the current corporate strategy and see no need to make significant changes to their holdings.

Market share of China XLX Fertiliser Ltd.: 5% (estimated, 2026)

Top competitors and their market shares:

1. Sinofert Holdings Limited: 15%
2. China BlueChemical Ltd.: 12%
3. Yara International ASA: 10%
4. Nutrien Ltd.: 8%
5. CF Industries Holdings, Inc.: 7%
6. China XLX Fertiliser Ltd.: 5%
7. K+S AG: 4%
8. OCI N.V.: 3%
9. Mosaic Company: 3%
10. EuroChem Group: 2%

Moat of China XLX Fertiliser Ltd.:

China XLX Fertiliser Ltd. has a moderate moat, mainly due to its cost-efficient production and strong regional presence in China. The company benefits from a well-established supply chain and a strong distribution network within China.

Compared to its competitors, especially Sinofert Holdings and China BlueChemical, which are also strongly anchored in China, China XLX's moat is less pronounced. These companies have larger resources and a broader product range, giving them a competitive advantage.

International competitors like Yara International and Nutrien have the advantage of a global presence and diversified markets, giving them a stronger moat in the international context. Overall, China XLX Fertiliser Ltd. has a solid, but not outstanding moat compared to its larger and more international competitors.

Revenue Growth: 8.5% (2025) Profit Growth: 6.2% (2025) Market Share in China: 12% (2025)

China XLX Fertiliser Ltd. recorded a revenue growth of 8.5% and a profit growth of 6.2% in 2025. This indicates a positive business development, supported by increasing demand for fertilizers in China.

The company holds a 12% market share in China, indicating a strong market position. This position could be further strengthened by continuous urbanization and the associated need to increase agricultural yields.

Furthermore, China XLX Fertiliser is investing in research and development to produce more environmentally friendly and efficient fertilizers, which could lead to a competitive advantage in the future. Analysts see a growing market in sustainable agriculture, which has the potential to increase the company's long-term profitability.

Overall, the company shows solid fundamental data and a strategic orientation that could make it a potentially good investment, especially for investors interested in long-term growth.

Dividend Yield: 5.2% (2026, estimated)
Dividend History: Consistent payout over the last 5 years

China XLX Fertiliser Ltd. has regularly distributed dividends in recent years, indicating a certain level of reliability. The estimated dividend yield of 5.2% for the year 2026 shows that the company continues to strive to return a portion of its profits to its shareholders.

The reliability of the payout is supported by the company's stable financial performance and its position in the fertilizer industry. However, investors should keep an eye on the volatility of the commodity market and potential regulatory changes in China that could influence the company's future dividend policy.