ZYBT Chart
About

Zhengye Biotechnology Holding Limited engages in the research, development, manufacture, and sale of veterinary vaccines for livestock in China. The company offers vaccines for swine, cattle, goats, sheep, poultry, and dogs. Its veterinary vaccines include monovalent vaccine, polyvalent vaccine, combined vaccine, and combined and polyvalent vaccine. The company also develops vaccines for household animals. In addition, it exports its products to Vietnam, Pakistan, and Egypt. The company serves direct-end customers, including livestock farmers and local governments, as well as domestic distributors and exporting distributors. The company was founded in 2004 and is based in Jilin, China. Zhengye Biotechnology Holding Limited operates as a subsidiary of Securingium Holding Limited.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Drug Manufacturers - Spe Market Cap 36.24M
Enterprise Value 140.54M Income -19.37M Sales 153.74M
Book/sh 0.91 Cash/sh 1.00 Dividend Yield
Payout 0.00% Employees 277 IPO
P/E Forward P/E PEG
P/S 0.24 P/B 0.84 P/C
EV/EBITDA -63.51 EV/Sales 0.91 Quick Ratio 1.00
Current Ratio 1.49 Debt/Eq 23.49 LT Debt/Eq
EPS (ttm) -0.06 EPS next Y EPS Growth
Revenue Growth -34.40% Earnings ROA -3.45%
ROE -6.38% ROIC Gross Margin 37.37%
Oper. Margin -46.33% Profit Margin -12.60% Shs Outstand 47.39M
Shs Float 4.42M Short Float 0.46% Short Ratio 1.13
Short Interest 52W High 14.30 52W Low 0.68
Beta Avg Volume 16.17K Volume 5.42K
Target Price Recom None Prev Close $0.78
Price $0.76 Change -2.50%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$0.76
Latest analyst target
3. DCF / Fair value
$9.20
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.76
Low
High
Mean
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems43.46K0.000.00-189.14K
TaxRateForCalcs0.060.140.130.12
NormalizedEBITDA41.92M72.10M85.55M71.64M
TotalUnusualItems679.00K-10.05M-968.00K-1.52M
TotalUnusualItemsExcludingGoodwill679.00K-10.05M-968.00K-1.52M
NetIncomeFromContinuingOperationNetMinorityInterest11.31M31.46M46.73M38.96M
ReconciledDepreciation24.16M23.91M18.80M16.01M
ReconciledCostOfRevenue95.06M94.14M112.39M88.67M
EBITDA42.60M72.10M85.55M70.12M
EBIT18.44M48.19M66.75M54.11M
NetInterestIncome-3.81M-4.11M-2.73M-934.00K
InterestExpense4.04M4.42M2.84M1.05M
InterestIncome231.00K312.00K114.00K112.00K
NormalizedIncome10.68M31.46M46.73M40.29M
NetIncomeFromContinuingAndDiscontinuedOperation11.31M31.46M46.73M38.96M
TotalExpenses169.18M164.01M194.18M158.46M
TotalOperatingIncomeAsReported16.44M44.99M65.83M52.38M
DilutedAverageShares47.17M47.17M47.17M47.17M
BasicAverageShares47.17M45.67M45.67M45.67M
DilutedEPS0.240.670.990.83
BasicEPS0.240.691.020.85
DilutedNIAvailtoComStockholders11.31M31.46M46.73M38.96M
NetIncomeCommonStockholders11.31M31.46M46.73M38.96M
NetIncome11.31M31.46M46.73M38.96M
MinorityInterests-2.16M-6.05M-9.01M-7.51M
NetIncomeIncludingNoncontrollingInterests13.47M37.51M55.74M46.47M
NetIncomeContinuousOperations13.47M37.51M55.74M46.47M
TaxProvision924.00K6.25M8.17M6.60M
PretaxIncome14.39M43.76M63.91M53.07M
OtherIncomeExpense1.03M234.00K550.00K-1.60M
OtherNonOperatingIncomeExpenses355.00K234.00K550.00K-84.00K
SpecialIncomeCharges-10.05M-968.00K-1.52M
WriteOff10.05M968.00K1.52M
GainOnSaleOfSecurity679.00K
NetNonOperatingInterestIncomeExpense-3.81M-4.11M-2.73M-934.00K
InterestExpenseNonOperating4.04M4.42M2.84M1.05M
InterestIncomeNonOperating231.00K312.00K114.00K112.00K
OperatingIncome17.17M47.64M66.09M55.60M
OperatingExpense74.12M69.87M81.79M69.79M
OtherOperatingExpenses-733.00K-2.65M-255.00K-1.70M
ProvisionForDoubtfulAccounts-1.78M-3.71M9.73M1.93M
ResearchAndDevelopment12.79M11.90M13.42M11.37M
SellingGeneralAndAdministration63.84M64.33M58.89M58.19M
SellingAndMarketingExpense41.27M40.74M34.56M35.90M
GeneralAndAdministrativeExpense22.57M23.59M24.32M22.29M
OtherGandA22.57M23.59M24.32M22.29M
GrossProfit91.30M117.51M147.88M125.39M
CostOfRevenue95.06M94.14M112.39M88.67M
TotalRevenue186.36M211.65M260.27M214.07M
OperatingRevenue173.29M204.35M251.98M214.07M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber47.17M47.17M47.17M47.17M
ShareIssued47.17M47.17M47.17M47.17M
NetDebt67.83M74.78M55.13M23.72M
TotalDebt86.43M89.85M64.88M30.00M
TangibleBookValue261.18M248.37M268.59M246.72M
InvestedCapital370.39M362.70M361.38M297.47M
WorkingCapital41.66M39.01M62.08M39.32M
NetTangibleAssets261.18M248.37M268.59M246.72M
CommonStockEquity283.96M272.85M296.50M267.47M
TotalCapitalization288.76M282.84M306.49M267.47M
TotalEquityGrossMinorityInterest352.54M339.27M356.87M318.84M
MinorityInterest68.58M66.42M60.37M51.36M
StockholdersEquity283.96M272.85M296.50M267.47M
GainsLossesNotAffectingRetainedEarnings32.65M31.31M27.57M21.99M
OtherEquityAdjustments32.65M31.31M27.57M21.99M
RetainedEarnings48.15M38.38M65.77M42.33M
AdditionalPaidInCapital203.15M203.15M203.15M203.15M
CapitalStock8.00K8.00K8.00K8.00K
CommonStock8.00K8.00K8.00K8.00K
TotalLiabilitiesNetMinorityInterest140.71M160.62M162.81M126.44M
TotalNonCurrentLiabilitiesNetMinorityInterest4.80M10.38M10.58M816.00K
TradeandOtherPayablesNonCurrent0.00393.00K590.00K816.00K
LongTermDebtAndCapitalLeaseObligation4.80M9.99M9.99M
LongTermDebt4.80M9.99M9.99M
CurrentLiabilities135.91M150.23M152.23M125.63M
OtherCurrentLiabilities556.00K841.00K886.00K869.00K
CurrentDeferredLiabilities6.41M3.98M4.70M4.28M
CurrentDeferredRevenue3.69M3.98M4.70M4.28M
CurrentDebtAndCapitalLeaseObligation81.63M79.86M54.89M30.00M
CurrentDebt81.63M79.86M54.89M30.00M
OtherCurrentBorrowings7.19M79.86M54.89M30.00M
LineOfCredit74.44M79.86M
PayablesAndAccruedExpenses47.31M65.55M91.75M90.47M
CurrentAccruedExpenses99.00K10.00K10.00K310.00K
Payables47.21M65.54M91.74M90.16M
OtherPayable2.04M1.93M2.47M2.08M
DuetoRelatedPartiesCurrent146.00K0.00
DividendsPayable0.0015.65M0.003.71M
TotalTaxPayable2.07M2.29M10.00M6.81M
AccountsPayable42.96M45.66M79.28M77.57M
TotalAssets493.25M499.89M519.67M445.28M
TotalNonCurrentAssets315.68M310.65M305.37M280.33M
NonCurrentPrepaidAssets18.70M6.50M2.23M13.17M
NonCurrentDeferredAssets19.04M16.41M
NonCurrentDeferredTaxesAssets10.99M11.91M
GoodwillAndOtherIntangibleAssets22.78M24.48M27.90M20.75M
OtherIntangibleAssets22.78M24.48M27.90M20.75M
NetPPE255.16M263.25M275.23M246.41M
AccumulatedDepreciation-111.55M-92.60M-73.42M-91.31M
GrossPPE366.72M355.85M348.65M337.73M
ConstructionInProgress9.75M7.62M82.06M52.76M
OtherProperties148.26M147.76M143.48M114.75M
MachineryFurnitureEquipment3.28M3.28M3.32M3.32M
BuildingsAndImprovements205.43M197.19M119.79M166.90M
LandAndImprovements12.86M12.86M12.86M
Properties0.000.000.000.00
CurrentAssets177.57M189.24M214.31M164.94M
CurrentDeferredAssets16.41M12.46M11.14M
CurrentDeferredTaxesAssets11.91M12.46M11.14M
RestrictedCash2.00K12.11M0.00
PrepaidAssets10.79M3.11M2.43M1.71M
Inventory58.22M58.30M55.42M43.62M
InventoriesAdjustmentsAllowances-13.39M-3.36M-2.84M
FinishedGoods17.74M14.86M13.98M10.40M
WorkInProcess33.05M33.57M33.89M27.02M
RawMaterials7.43M9.87M10.91M9.04M
Receivables88.52M99.42M134.25M102.19M
OtherReceivables2.63M1.30M672.00K489.00K
DuefromRelatedPartiesCurrent738.00K738.00K0.00
NotesReceivable25.59M23.21M30.68M18.28M
AccountsReceivable59.56M74.17M102.90M83.42M
AllowanceForDoubtfulAccountsReceivable-16.87M-18.62M-21.38M-20.17M
GrossAccountsReceivable76.44M92.78M124.28M103.59M
CashCashEquivalentsAndShortTermInvestments20.04M16.30M9.75M6.28M
OtherShortTermInvestments1.43M1.22M0.00
CashAndCashEquivalents18.60M15.07M9.75M6.28M
CashFinancial18.60M15.07M9.75M6.28M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow13.27M36.58M-9.99M5.41M
RepaymentOfDebt-92.86M-54.89M-64.97M-22.00M
IssuanceOfDebt90.12M79.86M99.85M30.00M
CapitalExpenditure-27.77M-11.60M-27.33M-26.40M
InterestPaidSupplementalData3.98M4.42M2.84M1.05M
IncomeTaxPaidSupplementalData116.00K10.49M8.48M6.99M
EndCashPosition18.61M27.19M9.75M6.28M
BeginningCashPosition27.19M9.75M6.28M3.79M
EffectOfExchangeRateChanges168.00K0.000.00
ChangesInCash-8.75M17.44M3.46M2.49M
FinancingCashFlow-22.13M-18.98M13.46M-3.05M
CashFlowFromContinuingFinancingActivities-22.13M-18.98M13.46M-3.05M
NetOtherFinancingCharges-3.37M-4.50M
CashDividendsPaid-16.02M-39.45M-21.43M-11.05M
CommonStockDividendPaid-16.02M-39.45M-21.43M-11.05M
NetIssuancePaymentsOfDebt-2.74M24.97M34.88M8.00M
NetLongTermDebtIssuance-2.74M24.97M34.88M8.00M
LongTermDebtPayments-92.86M-54.89M-64.97M-22.00M
LongTermDebtIssuance90.12M79.86M99.85M30.00M
InvestingCashFlow-27.66M-11.77M-27.33M-26.27M
CashFlowFromContinuingInvestingActivities-27.66M-11.77M-27.33M-26.27M
NetInvestmentPurchaseAndSale0.00-1.22M0.00
PurchaseOfInvestment0.00-1.22M0.00
NetIntangiblesPurchaseAndSale-14.19M-4.20M0.00-7.34M
PurchaseOfIntangibles-14.19M-4.20M0.00-7.34M
NetPPEPurchaseAndSale-13.48M-6.34M-27.33M-18.93M
SaleOfPPE108.00K1.06M0.00128.00K
PurchaseOfPPE-13.59M-7.40M-27.33M-19.06M
OperatingCashFlow41.05M48.18M17.34M31.81M
CashFlowFromContinuingOperatingActivities41.05M48.18M17.34M31.80M
ChangeInWorkingCapital-977.00K-20.28M-66.60M-33.71M
ChangeInOtherWorkingCapital-400.00K-715.00K317.00K1.40M
ChangeInOtherCurrentLiabilities-218.00K-204.00K-230.00K
ChangeInPayablesAndAccruedExpense1.67M-44.09M-6.50M18.63M
ChangeInAccruedExpense2.70M-582.00K207.00K521.00K
ChangeInPayable-1.03M-43.51M-6.71M18.11M
ChangeInAccountPayable-404.00K-35.61M-9.67M17.63M
ChangeInTaxPayable-229.00K-7.70M3.19M801.00K
ChangeInIncomeTaxPayable-229.00K-7.70M3.19M801.00K
ChangeInPrepaidAssets-8.96M-1.18M-717.00K-482.00K
ChangeInInventory-5.88M-12.90M-12.32M-12.34M
ChangeInReceivables12.59M38.62M-47.37M-40.68M
ChangesInAccountReceivables16.34M31.04M-24.72M-28.50M
OtherNonCashItems2.00K
UnrealizedGainLossOnInvestmentSecurities-209.00K0.000.00
ProvisionandWriteOffofAssets-1.78M-3.71M9.73M1.93M
AssetImpairmentCharge5.96M10.03M968.00K1.52M
DeferredTax924.00K541.00K-1.31M-358.00K
DeferredIncomeTax924.00K541.00K-1.31M-358.00K
DepreciationAmortizationDepletion24.16M23.91M18.80M16.01M
DepreciationAndAmortization24.16M23.91M18.80M16.01M
OperatingGainsLosses-505.00K187.00K-53.00K
NetForeignCurrencyExchangeGainLoss-679.00K0.000.00
GainLossOnSaleOfPPE174.00K187.00K0.00-53.00K
NetIncomeFromContinuingOperations13.47M37.51M55.74M46.47M
SEC Filings

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Public Trades for ZYBT
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