Skip to Content

Innovent Biologics Inc ADR IVBIY

Morningstar Rating
$19.48 +0.82 (4.39%)
View Full Chart
Unlock our analysis with Morningstar Investor

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

IVBIY is trading at a 15% discount.
Price
$19.50
Fair Value
$52.40
Uncertainty
High
1-Star Price
$56.14
5-Star Price
$98.97
Economic Moat
Fwzg
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if IVBIY is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$18.66
Day Range
$19.4819.48
52-Week Range
$13.0024.14
Bid/Ask
$12.46 / $50.00
Market Cap
$7.84 Bil
Volume/Avg
1,103 / 848

Key Statistics

Price/Earnings (Normalized)
Price/Sales
8.66
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Innovent Biologics, or Innovent, is one of the leading biotechnology companies in China. Listed on the Hong Kong Exchange in 2018, Innovent has eight commercialized oncology products and two commercialized non-oncology products as of August 2023. Its core asset is Tyvyt, a PD-1 inhibitor included in the National Reimbursement Drug Lists for the first-line treatment of five major cancers. Innovent has over 30 strategic collaborations with global pharmaceutical or biotech companies, such as Eli Lilly, Roche Group, Incyte, and others. It also has a wide spectrum of therapeutic targets in early clinical developments. Among its upcoming pipelines, the potential blockbuster is Mazdutide, a therapy for obesity and type 2 diabetes.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Large Growth
Total Number of Employees
4,872

Competitors

Valuation

Metric
IVBIY
01099
02269
Price/Earnings (Normalized)
6.3915.13
Price/Book Value
5.040.741.43
Price/Sales
8.660.093.22
Price/Cash Flow
3.1010.26
Price/Earnings
IVBIY
01099
02269

Financial Strength

Metric
IVBIY
01099
02269
Quick Ratio
2.591.052.35
Current Ratio
3.001.392.78
Interest Coverage
−15.207.3525.95
Quick Ratio
IVBIY
01099
02269

Profitability

Metric
IVBIY
01099
02269
Return on Assets (Normalized)
−2.75%4.43%8.91%
Return on Equity (Normalized)
−5.12%24.34%13.28%
Return on Invested Capital (Normalized)
−5.63%9.74%10.45%
Return on Assets
IVBIY
01099
02269
See how this stock stacks up to its competitors with Morningstar Investor

Biotechnology Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NVO
Novo Nordisk A/S ADRLgnxpzfxdWlsx$545.9 Bil
REGN
Regeneron Pharmaceuticals IncPrjnybsQpyhrb$105.4 Bil
VRTX
Vertex Pharmaceuticals IncVjhgjgbZtydcfv$103.7 Bil
MRNA
Moderna IncMcbzwtqgHngc$47.9 Bil
ARGX
argenx SE ADRWzvcvvzqPrcv$22.9 Bil
BNTX
BioNTech SE ADRJnsvylwyGbpb$22.3 Bil
ALNY
Alnylam Pharmaceuticals IncGqtyhkgqgPjmjt$19.3 Bil
BMRN
Biomarin Pharmaceutical IncTxmtfrstVxhbc$15.7 Bil
RPRX
Royalty Pharma PLC Class AWnqplqqjqDbjnryx$12.8 Bil
INCY
Incyte CorpDkfjggwpyJmwqx$12.1 Bil

Sponsor Center