Innovent Biologics Inc IVBXF

Morningstar Rating
$12.50 0.00 (0.00%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

IVBXF is trading at a LOCK|X<X?&% premium.
Price
$12.50
Fair Value
LOCK|.N#C>Llw
Uncertainty
LOCK|N&
1-Star Price
LOCK|.TMLG$#@
5-Star Price
LOCK|.l#Bl@D
Economic Moat
LOCK|@YZ?#
Capital Allocation
—

News

Trading Information

Previous Close Price
$12.50
Day Range
$12.50–12.50
52-Week Range
$9.10–15.01
Bid/Ask
$0.01 / $134,013.97
Shares Outstanding
1.74B
Market Cap
$21.68B
Volume/Avg
202 / 1,951

Key Statistics

Price/Earnings (Normalized)
89.79
Price/Sales
9.02
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Innovent Biologics is one of the leading biotechnology companies in China. Listed on the Hong Kong Stock Exchange in 2018, Innovent has 12 commercialized oncology products and four commercialized nononcology products as of January 2026, and 34 drugs in its research and development pipeline. Its core assets are Tyvyt, a PD-1 inhibitor included in the National Reimbursement Drug Lists (NRDL) for the first-line treatment of five major cancers, and mazdutide, a GLP-1/glucagon dual agonist drug for weight loss, fat breakdown, and Type 2 diabetes. Mazdutide is the first domestic GLP-1 drug produced and competes with Eli Lilly and Novo Nordisk in China. Tyvyt’s main competition includes drugs from Junshi, Jiangsu Hengrui, BeOne, Merck, and Bristol Myers.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Large Growth
Total Number of Employees
8,754

Competitors

Valuation

Metric
IVBXF
NVO
MRK
Price/Earnings (Normalized)
89.798.4644.23
Price/Book Value
7.075.428.36
Price/Sales
9.023.335.29
Price/Cash Flow
61.788.2815.90
Price/Earnings
IVBXF
NVO
MRK

Financial Strength

Metric
IVBXF
NVO
MRK
Quick Ratio
2.480.540.71
Current Ratio
2.680.791.32
Interest Coverage
17.01—4.28
Quick Ratio
IVBXF
NVO
MRK

Profitability

Metric
IVBXF
NVO
MRK
Return on Assets (Normalized)
6.48%—6.27%
Return on Equity (Normalized)
13.49%—16.68%
Return on Invested Capital (Normalized)
8.48%—9.82%
Return on Assets
IVBXF
NVO
MRK

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