Financials Innovent Biologics, Inc. OTC Markets

Equities

IVBIY

US45783L1017

Pharmaceuticals

Market Closed - OTC Markets 07:31:58 01/04/2024 pm IST 5-day change 1st Jan Change
19.48 USD +4.39% Intraday chart for Innovent Biologics, Inc. -.--% -6.75%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 29,957 96,872 57,482 45,398 63,018 57,619 - -
Enterprise Value (EV) 1 26,589 89,793 50,957 39,338 63,018 52,595 53,255 53,026
P/E ratio -16.3 x -93.3 x -18.2 x -20.3 x - -67.2 x 456 x 42.3 x
Yield - - - - - - 0.01% -
Capitalization / Revenue 28.6 x 25.2 x 13.5 x 9.96 x 10.2 x 7.6 x 5.79 x 4.45 x
EV / Revenue 25.4 x 23.4 x 11.9 x 8.63 x 10.2 x 6.94 x 5.35 x 4.1 x
EV / EBITDA -16.2 x -370 x -16.7 x -14.3 x -105 x -105 x 108 x 29.5 x
EV / FCF -13.1 x -113 x -16.5 x -14 x - -55.4 x -233 x 49.4 x
FCF Yield -7.64% -0.89% -6.06% -7.16% - -1.8% -0.43% 2.02%
Price to Book 5.87 x 10.7 x 5.54 x 4.11 x - 4.69 x 4.83 x 4.41 x
Nbr of stocks (in thousands) 12,62,562 14,02,776 14,62,109 15,34,407 16,21,831 16,27,102 - -
Reference price 2 23.73 69.06 39.31 29.59 38.86 35.41 35.41 35.41
Announcement Date 30/03/20 29/03/21 29/03/22 28/03/23 20/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,048 3,844 4,270 4,556 6,206 7,578 9,954 12,944
EBITDA 1 -1,638 -242.4 -3,045 -2,747 -600.1 -499.1 493.6 1,799
EBIT 1 -1,676 -310.4 -3,113 -3,066 - -928.1 110 1,612
Operating Margin -159.96% -8.08% -72.9% -67.29% - -12.25% 1.11% 12.45%
Earnings before Tax (EBT) 1 -1,720 -858.7 -3,051 -2,170 - -818.7 156.2 1,634
Net income 1 -1,720 -998.4 -3,138 -2,179 - -844.9 98.03 1,365
Net margin -164.2% -25.97% -73.5% -47.83% - -11.15% 0.98% 10.55%
EPS 2 -1.460 -0.7400 -2.160 -1.460 - -0.5270 0.0776 0.8368
Free Cash Flow 1 -2,030 -796.7 -3,090 -2,816 - -948.8 -228.8 1,072
FCF margin -193.83% -20.73% -72.38% -61.8% - -12.52% -2.3% 8.28%
FCF Conversion (EBITDA) - - - - - - - 59.59%
FCF Conversion (Net income) - - - - - - - 78.55%
Dividend per Share 2 - - - - - - 0.002860 -
Announcement Date 30/03/20 29/03/21 29/03/22 28/03/23 20/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 702 984.2 2,860 1,942 2,328 2,240 2,317 2,702 3,505 3,728 4,119
EBITDA - - - - - - - - - - -
EBIT 1 - - - -1,148 -1,960 -1,212 -1,617 -718.8 - -696.6 -1,025
Operating Margin - - - -59.12% -84.17% -54.11% -69.8% -26.61% - -18.69% -24.89%
Earnings before Tax (EBT) - - - - -1,876 -998.9 -1,172 -256.1 - - -
Net income - - - - -1,963 -950.5 -1,229 -139.1 - - -
Net margin - - - - -84.31% -42.43% -53.04% -5.15% - - -
EPS 2 -0.8400 -0.4600 -0.2800 -0.8100 -1.350 -0.6500 -0.8100 -0.0900 - -0.3000 -0.5100
Dividend per Share - - - - - - - - - - -
Announcement Date 30/03/20 26/08/20 29/03/21 25/08/21 29/03/22 25/08/22 28/03/23 23/08/23 20/03/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 3,368 7,079 6,525 6,059 - 5,024 4,364 4,593
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -2,030 -797 -3,090 -2,816 - -949 -229 1,072
ROE (net income / shareholders' equity) -38.4% -14.8% -32.8% -20.7% - -6.72% 0.61% 9.38%
ROA (Net income/ Total Assets) -25.8% -10.5% -22.4% -12.9% - -4.12% 0.61% 5.75%
Assets 1 6,672 9,533 14,039 16,916 - 20,507 16,075 23,744
Book Value Per Share 2 4.040 6.470 7.100 7.200 - 7.550 7.340 8.030
Cash Flow per Share 2 -1.410 -0.2300 -1.390 -1.290 - -0.2100 0.2300 1.030
Capex 1 366 489 1,066 897 - 708 740 783
Capex / Sales 34.93% 12.72% 24.96% 19.68% - 9.34% 7.43% 6.05%
Announcement Date 30/03/20 29/03/21 29/03/22 28/03/23 20/03/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
27
Last Close Price
35.41 CNY
Average target price
51.14 CNY
Spread / Average Target
+44.41%
Consensus
  1. Stock Market
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  5. Financials Innovent Biologics, Inc.
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