Formycon AG
Formycon AG, a biotechnology company, develops biosimilar drugs in Germany and Switzerland. It provides ranibizumab and aflibercept used in the treatment of neovascular age-related macular degeneration, diabetic macular edema, choroidal neovascularization, proliferative diabetic retinopathy, and macular edema under the Ranivisio, Ongavia, Cimerli, Ranopto, Uptera, and Ravegza brand names, as well… Read more
Formycon AG (FYB) - Total Assets
Latest total assets as of June 2025: €742.56 Million EUR
Based on the latest financial reports, Formycon AG (FYB) holds total assets worth €742.56 Million EUR 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.
Formycon AG - Total Assets Trend (2009–2024)
This chart illustrates how Formycon AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Formycon AG - Asset Composition Analysis
Current Asset Composition (December 2024)
Formycon AG's total assets of €742.56 Million consist of 12.3% current assets and 87.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €41.83 Million | 5.4% |
| Accounts Receivable | €30.71 Million | 4.0% |
| Inventory | €262.00K | 0.0% |
| Property, Plant & Equipment | €14.57 Million | 1.9% |
| Intangible Assets | €444.12 Million | 57.6% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Formycon AG'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: Formycon AG's current assets represent 12.3% of total assets in 2024, a decrease from 92.4% in 2009.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, up from 1.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 57.0% of total assets, an increase from 6.0% in 2009.
- Asset Diversification: The largest asset category is intangible assets at 57.6% of total assets.
Formycon AG Competitors by Total Assets
Key competitors of Formycon AG 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 |
Formycon AG - 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
Lower asset utilization - Formycon AG generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Formycon AG is currently not profitable relative to its asset base.
Formycon AG - 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 | 1.54 | 2.10 | 7.42 |
| Quick Ratio | 1.51 | 2.06 | 7.30 |
| Cash Ratio | 0.67 | 0.89 | 0.00 |
| Working Capital | €22.12 Million | € 50.28 Million | € 23.08 Million |
Formycon AG - Advanced Valuation Insights
This section examines the relationship between Formycon AG'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 | 1.00 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | -13.3% |
| Total Assets | €771.72 Million |
| Market Capitalization | $271.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Formycon AG's assets below their book value (0.35 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Formycon AG's assets decreased by 13.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Formycon AG (2009–2024)
The table below shows the annual total assets of Formycon AG from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €771.72 Million | -13.33% |
| 2023-12-31 | €890.36 Million | +4.29% |
| 2022-12-31 | €853.70 Million | +1107.24% |
| 2021-12-31 | €70.72 Million | -6.46% |
| 2020-12-31 | €75.60 Million | +41.16% |
| 2019-12-31 | €53.56 Million | +35.16% |
| 2018-12-31 | €39.62 Million | +28.53% |
| 2017-12-31 | €30.83 Million | +22.40% |
| 2016-12-31 | €25.19 Million | -7.22% |
| 2015-12-31 | €27.15 Million | +60.58% |
| 2014-12-31 | €16.91 Million | +9.46% |
| 2013-12-31 | €15.44 Million | +102.17% |
| 2012-12-31 | €7.64 Million | +36.57% |
| 2011-12-31 | €5.59 Million | +30.71% |
| 2010-12-31 | €4.28 Million | +510.49% |
| 2009-12-31 | €701.00K | -- |