Sinovac Biotech Ltd (SVA) - Net Assets
Based on the latest financial reports, Sinovac Biotech Ltd (SVA) has net assets worth $6.46 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.14 Billion) and total liabilities ($1.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SVA strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.46 Billion |
| % of Total Assets | 79.43% |
| Annual Growth Rate | 57.73% |
| 5-Year Change | -53.86% |
| 10-Year Change | 4837.41% |
| Growth Volatility | 2243.55 |
Sinovac Biotech Ltd - Net Assets Trend (1998–2025)
This chart illustrates how Sinovac Biotech Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Sinovac Biotech Ltd market cap and net worth.
Annual Net Assets for Sinovac Biotech Ltd (1998–2025)
The table below shows the annual net assets of Sinovac Biotech Ltd from 1998 to 2025. Also explore Sinovac Biotech Ltd (SVA) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $6.40 Billion | -37.80% |
| 2024-12-31 | $10.29 Billion | -14.38% |
| 2023-12-31 | $12.02 Billion | -5.43% |
| 2022-12-31 | $12.71 Billion | -8.38% |
| 2021-12-31 | $13.88 Billion | +1138.79% |
| 2020-12-31 | $1.12 Billion | +218.04% |
| 2019-12-31 | $352.19 Million | +20.64% |
| 2018-12-31 | $291.93 Million | +125.14% |
| 2017-12-31 | $129.67 Million | 0.00% |
| 2016-12-31 | $129.67 Million | -5.01% |
| 2015-12-31 | $136.50 Million | -3.68% |
| 2014-12-31 | $141.73 Million | -1.33% |
| 2013-12-31 | $143.64 Million | +10.97% |
| 2012-12-31 | $129.44 Million | -10.92% |
| 2011-12-31 | $145.30 Million | -1.66% |
| 2010-12-31 | $147.76 Million | +74.93% |
| 2009-12-31 | $84.47 Million | +57.48% |
| 2008-12-31 | $53.64 Million | +63.02% |
| 2007-12-31 | $32.90 Million | +54.41% |
| 2006-12-31 | $21.31 Million | +29.07% |
| 2005-12-31 | $16.51 Million | +6.08% |
| 2004-12-31 | $15.56 Million | +42.94% |
| 2003-12-31 | $10.89 Million | +10848.47% |
| 2002-12-31 | $99.44K | +114.56% |
| 2001-12-31 | $-682.96K | 0.00% |
| 2000-12-31 | $-682.96K | -2454.45% |
| 1998-12-31 | $29.01K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinovac Biotech Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 281594849300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.82 Billion | 63.44% |
| Common Stock | $72.00K | 0.00% |
| Other Comprehensive Income | $1.07 Billion | 24.17% |
| Other Components | $550.17 Million | 12.39% |
| Total Equity | $4.44 Billion | 100.00% |
Sinovac Biotech Ltd Competitors by Market Cap
The table below lists competitors of Sinovac Biotech Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Quanxin Cable Technology Co Ltd
SHE:300447
|
$642.55 Million |
|
Guangdong Insight Brand Marketing Group Co Ltd
SHE:300781
|
$642.64 Million |
|
Baotou Huazi Industry Co Ltd
SHG:600191
|
$642.90 Million |
|
Papa John's International Inc
NASDAQ:PZZA
|
$643.62 Million |
|
New York Mortgage Trust Inc
NASDAQ:NYMT
|
$642.13 Million |
|
Basellandschaftliche Kantonalbank
SW:BLKB
|
$642.12 Million |
|
Xinjiang Yilite Industry Co Ltd
SHG:600197
|
$641.86 Million |
|
Mingchen Health Co Ltd Class A
SHE:002919
|
$641.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinovac Biotech Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,262,258,000 to 4,438,943,000, a change of -3,823,315,000 (-46.3%).
- Net loss of 59,680,000 reduced equity.
- Dividend payments of 3,513,490,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,072,761,000.
- Other factors decreased equity by 1,322,906,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-59.68 Million | -1.34% |
| Dividends Paid | $3.51 Billion | -79.15% |
| Other Comprehensive Income | $1.07 Billion | +24.17% |
| Other Changes | $-1.32 Billion | -29.8% |
| Total Change | $- | -46.27% |
Book Value vs Market Value Analysis
This analysis compares Sinovac Biotech Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.10x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1315.99x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.00 | $6.47 | x |
| 2000-12-31 | $-0.10 | $6.47 | x |
| 2001-12-31 | $-0.10 | $6.47 | x |
| 2002-12-31 | $0.01 | $6.47 | x |
| 2003-12-31 | $0.17 | $6.47 | x |
| 2004-12-31 | $0.38 | $6.47 | x |
| 2005-12-31 | $0.50 | $6.47 | x |
| 2006-12-31 | $0.50 | $6.47 | x |
| 2007-12-31 | $0.74 | $6.47 | x |
| 2008-12-31 | $1.13 | $6.47 | x |
| 2009-12-31 | $1.64 | $6.47 | x |
| 2010-12-31 | $2.38 | $6.47 | x |
| 2011-12-31 | $2.38 | $6.47 | x |
| 2012-12-31 | $2.14 | $6.47 | x |
| 2013-12-31 | $2.31 | $6.47 | x |
| 2014-12-31 | $2.27 | $6.47 | x |
| 2015-12-31 | $2.16 | $6.47 | x |
| 2016-12-31 | $2.28 | $6.47 | x |
| 2017-12-31 | $2.28 | $6.47 | x |
| 2018-12-31 | $3.90 | $6.47 | x |
| 2019-12-31 | $2.68 | $6.47 | x |
| 2020-12-31 | $6.57 | $6.47 | x |
| 2021-12-31 | $81.82 | $6.47 | x |
| 2022-12-31 | $78.14 | $6.47 | x |
| 2023-12-31 | $87.44 | $6.47 | x |
| 2024-12-31 | $114.98 | $6.47 | x |
| 2025-12-31 | $61.77 | $6.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinovac Biotech Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.46%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.95x
- Recent ROE (-1.34%) is above the historical average (-2.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -22.38% | 0.00% | 0.00x | 1.16x | $-9.39K |
| 2000 | 0.00% | -150.93% | 1.18x | 0.00x | $-412.39K |
| 2001 | 0.00% | -152.15% | 1.18x | 0.00x | $-416.30K |
| 2002 | -175.19% | -33.55% | 2.20x | 2.38x | $-184.15K |
| 2003 | -14.18% | -30.73% | 0.19x | 2.42x | $-1.49 Million |
| 2004 | -37.52% | -72.31% | 0.29x | 1.80x | $-5.91 Million |
| 2005 | -26.62% | -68.08% | 0.28x | 1.42x | $-6.04 Million |
| 2006 | -3.62% | -4.53% | 0.41x | 1.92x | $-2.62 Million |
| 2007 | 25.50% | 22.81% | 0.58x | 1.91x | $4.65 Million |
| 2008 | 16.74% | 17.23% | 0.60x | 1.62x | $3.23 Million |
| 2009 | 28.25% | 23.70% | 0.58x | 2.06x | $12.89 Million |
| 2010 | -6.73% | -25.47% | 0.16x | 1.70x | $-21.15 Million |
| 2011 | -0.65% | -1.48% | 0.26x | 1.66x | $-13.84 Million |
| 2012 | -12.62% | -30.18% | 0.24x | 1.77x | $-26.63 Million |
| 2013 | 5.78% | 10.37% | 0.30x | 1.87x | $-5.43 Million |
| 2014 | -1.20% | -2.41% | 0.26x | 1.88x | $-14.17 Million |
| 2015 | -1.16% | -2.10% | 0.33x | 1.67x | $-13.58 Million |
| 2016 | -0.46% | -0.82% | 0.34x | 1.63x | $-13.56 Million |
| 2017 | 19.90% | 14.80% | 0.82x | 1.63x | $12.84 Million |
| 2018 | 8.59% | 9.48% | 0.62x | 1.46x | $-3.56 Million |
| 2019 | 15.28% | 18.26% | 0.54x | 1.54x | $15.53 Million |
| 2020 | 14.79% | 21.61% | 0.27x | 2.55x | $35.72 Million |
| 2021 | 90.78% | 43.70% | 1.16x | 1.80x | $7.53 Billion |
| 2022 | 1.28% | 7.63% | 0.11x | 1.58x | $-778.28 Million |
| 2023 | -1.15% | -22.29% | 0.03x | 1.57x | $-970.86 Million |
| 2024 | 1.10% | 25.16% | 0.03x | 1.49x | $-735.32 Million |
| 2025 | -1.34% | -15.46% | 0.04x | 1.95x | $-503.57 Million |
Industry Comparison
This section compares Sinovac Biotech Ltd's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $155,284,061
- Average return on equity (ROE) among peers: -25.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinovac Biotech Ltd (SVA) | $6.46 Billion | -22.38% | 0.26x | $642.44 Million |
| Aardvark Therapeutics, Inc. Common Stock (AARD) | $-54.64 Million | 0.00% | 0.00x | $110.17 Million |
| Abcellera Biologics Inc (ABCL) | $966.90 Million | -15.14% | 0.40x | $3.53 Billion |
| Abeona Therapeutics Inc (ABEO) | $9.08 Million | -66.39% | 1.81x | $308.79 Million |
| Acumen Pharmaceuticals Inc (ABOS) | $181.82 Million | -56.28% | 0.31x | $155.29 Million |
| Abpro Holdings, Inc. (ABP) | $-85.14 Million | 0.00% | 0.00x | $2.00 Million |
| Absci Corp (ABSI) | $67.00 Million | -21.42% | 0.32x | $1.41 Billion |
| Arbutus Biopharma Corp (ABUS) | $35.44 Million | -26.32% | 0.18x | $960.81 Million |
| ABVC Biopharma Inc (ABVC) | $-124.82K | 0.00% | 0.00x | $28.25 Million |
| Abivax SA American Depositary Shares (ABVX) | $455.01 Million | -73.87% | 0.28x | $7.95 Billion |
| ACADIA Pharmaceuticals Inc (ACAD) | $-22.51 Million | 0.00% | 0.00x | $3.56 Billion |
About Sinovac Biotech Ltd
Sinovac Biotech Ltd., a biopharmaceutical company, focuses in the research, development, manufacture, and commercialization of vaccines against human infectious diseases in the People's Republic of China. The company's product portfolio includes vaccines against hepatitis A and B; hand, foot, and mouth diseases caused by enterovirus 71 (EV71); seasonal influenza; H5N1 and H1N1 pandemic influenza;… Read more