Obermatt

Innovent Biologics

HKG:1801 · KYG4818G1010
BiotechnologyLarge

360

68
EV / EBIT5
Price / Owner Earnings1
Owner Earnings Yield61
Dividend Yield1
Price/Sales16
EV / Gross Profit56
Price/Book20
Return on Capital66
Cash Return on Capital67
Return on Equity63
EBIT Margin51
Gross Profitability54
Cash Conversion100
Accruals61
Owner Earnings Margin61
Sales growth89
Profit Growth83
Long-Term EPS Growth19
Owner Earnings Growth54
Reinvestment84
Price momentum58
Debt load69
Refinancing20
Debt Payback100
Liquidity52
Analyst ratings81
Opinion Changes67
Price Target Upside77
Market mood97
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Innovent Biologics clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryChina
IndustryBiotechnology
SizeLarge
TypePublic Company
ExchangeSEHK
Founded2011
Employees315
ISINKYG4818G1010
Last UpdateApr 2, 2026
Themes
ImmunologyOphthalmologyCardiovascularOncologyBiopharmaBiotechnologyManufacturing

Description

Innovent Biologics, Inc. is a biopharmaceutical company committed to developing and commercializing high-quality innovative therapeutics that are affordable to ordinary people. The company has built a fully integrated multi-functional biopharmaceutic…

Analysis

Quality compounder

Innovent Biologics, Inc. is a quality compounder: a well-run business trading at a price that reflects what it is worth.

The price is expensive. You pay 104.8× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone.

The trajectory is moderate and the balance sheet is sturdy. The company scores 10/20 on our value-creation score: creating some value.

What to watch: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
73
2026

All-time high

85

Mar 2026

All-time low

72

Feb 2026

Average rank

77

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
16
Price/Earnings
11
Price/Book
20
Dividend Yield
1
Value (overall)
4

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →