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Innovita Biological Technology SHSE:688253 Stock Report

Last Price

CN¥38.95

Market Cap

CN¥5.3b

7D

-3.5%

1Y

57.2%

Updated

21 Dec, 2024

Data

Company Financials +

Innovita Biological Technology Co., Ltd.

SHSE:688253 Stock Report

Market Cap: CN¥5.3b

688253 Stock Overview

Engages in the research and development, manufacturing, marketing, and sales of POCT rapid diagnostic products. More details

688253 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth6/6
Past Performance5/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Innovita Biological Technology Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Innovita Biological Technology
Historical stock prices
Current Share PriceCN¥38.95
52 Week HighCN¥52.69
52 Week LowCN¥23.61
Beta1.17
1 Month Change-11.54%
3 Month Change5.76%
1 Year Change57.25%
3 Year Changen/a
5 Year Changen/a
Change since IPO18.03%

Recent News & Updates

We Think Innovita Biological Technology's (SHSE:688253) Robust Earnings Are Conservative

Nov 01
We Think Innovita Biological Technology's (SHSE:688253) Robust Earnings Are Conservative

Investors Could Be Concerned With Innovita Biological Technology's (SHSE:688253) Returns On Capital

Sep 28
Investors Could Be Concerned With Innovita Biological Technology's (SHSE:688253) Returns On Capital

Recent updates

We Think Innovita Biological Technology's (SHSE:688253) Robust Earnings Are Conservative

Nov 01
We Think Innovita Biological Technology's (SHSE:688253) Robust Earnings Are Conservative

Investors Could Be Concerned With Innovita Biological Technology's (SHSE:688253) Returns On Capital

Sep 28
Investors Could Be Concerned With Innovita Biological Technology's (SHSE:688253) Returns On Capital

Statutory Profit Doesn't Reflect How Good Innovita Biological Technology's (SHSE:688253) Earnings Are

Apr 22
Statutory Profit Doesn't Reflect How Good Innovita Biological Technology's (SHSE:688253) Earnings Are

There's Reason For Concern Over Innovita Biological Technology Co., Ltd.'s (SHSE:688253) Massive 25% Price Jump

Mar 20
There's Reason For Concern Over Innovita Biological Technology Co., Ltd.'s (SHSE:688253) Massive 25% Price Jump

Shareholder Returns

688253CN Medical EquipmentCN Market
7D-3.5%-2.8%-1.2%
1Y57.2%-9.2%11.8%

Return vs Industry: 688253 exceeded the CN Medical Equipment industry which returned -9.2% over the past year.

Return vs Market: 688253 exceeded the CN Market which returned 11.8% over the past year.

Price Volatility

Is 688253's price volatile compared to industry and market?
688253 volatility
688253 Average Weekly Movement8.1%
Medical Equipment Industry Average Movement8.5%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 688253 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688253's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006453Xiujie Zhangwww.innovita.com.cn

Innovita Biological Technology Co., Ltd. engages in the research and development, manufacturing, marketing, and sales of POCT rapid diagnostic products. The company offers pathogen detection and joint detection of multiple pathogen; emergency outpatient testing; coronavirus testing; respiratory infections solutions; pregnancy test; hepatitis virus testing ; and enterovirus testing . The company was founded in 2006 and is based in Beijing, China.

Innovita Biological Technology Co., Ltd. Fundamentals Summary

How do Innovita Biological Technology's earnings and revenue compare to its market cap?
688253 fundamental statistics
Market capCN¥5.32b
Earnings (TTM)CN¥332.01m
Revenue (TTM)CN¥720.40m

16.0x

P/E Ratio

7.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688253 income statement (TTM)
RevenueCN¥720.40m
Cost of RevenueCN¥160.64m
Gross ProfitCN¥559.76m
Other ExpensesCN¥227.75m
EarningsCN¥332.01m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.43
Gross Margin77.70%
Net Profit Margin46.09%
Debt/Equity Ratio0%

How did 688253 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

16%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 01:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Innovita Biological Technology Co., Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wen DaiHuatai Research