Innovent Biologics Inc
Innovent Biologics, Inc., a biopharmaceutical company, engages in the research and development of antibody and protein medicine products in the People's Republic of China, the United States, and internationally. The company discovers, develops, manufactures, and commercializes monoclonal antibodies and other drugs for the treatment of oncology, ophthalmology, autoimmune, cardiovascular, and metab… Read more
Innovent Biologics Inc (IVBXF) - Total Assets
Latest total assets as of June 2025: $23.59 Billion USD
Based on the latest financial reports, Innovent Biologics Inc (IVBXF) holds total assets worth $23.59 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Innovent Biologics Inc - Total Assets Trend (2016–2024)
This chart illustrates how Innovent Biologics Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Innovent Biologics Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Innovent Biologics Inc's total assets of $23.59 Billion consist of 47.6% current assets and 52.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 34.8% |
| Accounts Receivable | $1.57 Billion | 7.3% |
| Inventory | $822.17 Million | 3.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.28 Billion | 5.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Innovent Biologics Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Innovent Biologics Inc's current assets represent 47.6% of total assets in 2024, a decrease from 66.4% in 2016.
- Cash Position: Cash and equivalents constituted 34.8% of total assets in 2024, down from 36.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 1.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 7.3% of total assets.
Innovent Biologics Inc Competitors by Total Assets
Key competitors of Innovent Biologics Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
Innovent Biologics Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Innovent Biologics Inc generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Innovent Biologics Inc is currently not profitable relative to its asset base.
Innovent Biologics Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.61 | 2.68 | 6.60 |
| Quick Ratio | 2.39 | 2.51 | 6.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $8.08 Billion | $ 6.92 Billion | $ 6.08 Billion |
Innovent Biologics Inc - Advanced Valuation Insights
This section examines the relationship between Innovent Biologics Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.44 |
| Latest Market Cap to Assets Ratio | 0.44 |
| Asset Growth Rate (YoY) | 4.7% |
| Total Assets | $21.60 Billion |
| Market Capitalization | $9.46 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Innovent Biologics Inc's assets below their book value (0.44 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Innovent Biologics Inc's assets grew by 4.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Innovent Biologics Inc (2016–2024)
The table below shows the annual total assets of Innovent Biologics Inc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $21.60 Billion | +4.73% |
| 2023-12-31 | $20.63 Billion | +17.28% |
| 2022-12-31 | $17.59 Billion | +8.28% |
| 2021-12-31 | $16.24 Billion | +37.25% |
| 2020-12-31 | $11.83 Billion | +63.68% |
| 2019-12-31 | $7.23 Billion | +18.29% |
| 2018-12-31 | $6.11 Billion | +148.76% |
| 2017-12-31 | $2.46 Billion | -12.73% |
| 2016-12-31 | $2.82 Billion | -- |