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Sinovac Biotech Ltd
F:SVQ

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Sinovac Biotech Ltd
F:SVQ
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Price: 5.58 EUR
Market Cap: €556m

Income Statement

Earnings Waterfall
Sinovac Biotech Ltd

Income Statement
Sinovac Biotech Ltd

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Income Statement
Currency: USD
Sep-2004 Dec-2004 Jun-2005 Dec-2005 Jun-2006 Sep-2006 Dec-2006 Jun-2007 Sep-2007 Dec-2007 Dec-2008 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Jun-2017 Dec-2017 Jun-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Jun-2021 Dec-2021 Jun-2022 Dec-2022 Jun-2023 Dec-2023 Jun-2024
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
1
0
1
0
0
0
1
0
0
0
0
0
0
1
0
0
0
3
3
0
0
0
2
0
0
0
2
1
2
1
1
0
0
0
1
0
0
0
1
2
3
2
1
1
2
4
Revenue
5
N/A
6
+20%
7
+17%
9
+29%
11
+22%
15
+36%
15
N/A
24
+60%
31
+29%
34
+10%
46
+35%
60
+30%
84
+40%
88
+5%
98
+11%
60
-39%
33
-45%
39
+18%
44
+13%
57
+30%
62
+9%
51
-18%
50
-2%
49
-2%
53
+8%
61
+15%
96
+57%
72
-25%
63
-13%
29
-54%
47
+62%
64
+36%
67
+5%
69
+3%
52
-25%
64
+23%
72
+13%
127
+76%
174
+37%
229
+32%
230
+0%
266
+16%
208
-22%
272
+31%
246
-10%
224
-9%
212
-5%
263
+24%
511
+94%
11 423
+2 135%
19 375
+70%
9 606
-50%
1 493
-84%
420
-72%
448
+7%
429
-4%
Gross Profit
Cost of Revenue
(2)
(2)
(2)
(2)
(3)
(5)
(4)
(5)
(5)
(7)
(10)
(14)
(20)
(21)
(23)
(17)
(17)
(20)
(24)
(21)
(23)
(18)
(18)
(19)
(20)
(23)
(28)
(21)
(15)
(6)
(9)
(15)
(18)
(21)
(22)
(22)
(22)
(22)
(20)
(26)
(25)
(28)
(21)
(31)
(32)
(30)
(32)
(36)
(67)
(690)
(1 072)
(694)
(684)
(618)
(182)
(34)
Gross Profit
4
N/A
5
+25%
5
N/A
6
+20%
8
+33%
11
+38%
11
N/A
20
+82%
26
+30%
27
+4%
37
+37%
47
+27%
64
+36%
68
+6%
76
+12%
44
-42%
17
-61%
19
+12%
21
+11%
36
+71%
40
+11%
34
-15%
33
-3%
30
-9%
34
+13%
40
+18%
69
+73%
51
-26%
47
-8%
23
-51%
38
+65%
49
+29%
49
N/A
48
-2%
31
-35%
43
+39%
50
+16%
105
+110%
154
+47%
204
+32%
205
+0%
238
+16%
187
-21%
241
+29%
214
-11%
194
-9%
181
-7%
228
+26%
443
+94%
10 734
+2 323%
18 303
+71%
8 911
-51%
808
-91%
(198)
N/A
267
N/A
395
+48%
Operating Income
Operating Expenses
(8)
(9)
(10)
(12)
(9)
(11)
(11)
(12)
(15)
(13)
(21)
(19)
(22)
(27)
(33)
(25)
(29)
(33)
(37)
(32)
(44)
(41)
(42)
(49)
(47)
(46)
(67)
(41)
(46)
(22)
(33)
(45)
(46)
(44)
(44)
(49)
(50)
(76)
(109)
(143)
(159)
(189)
(145)
(186)
(145)
(140)
(148)
(181)
(228)
(376)
(749)
(875)
(1 270)
(1 311)
(791)
(757)
Selling, General & Administrative
(7)
(9)
(10)
(10)
(9)
(11)
(10)
(11)
(14)
(12)
(17)
(16)
(18)
(21)
(25)
(17)
(21)
(22)
(27)
(24)
(26)
(24)
(23)
(32)
(35)
(37)
(56)
(33)
(35)
(16)
(25)
(35)
(37)
(36)
(36)
(39)
(43)
(66)
(88)
(121)
(138)
(160)
(121)
(155)
(121)
(115)
(115)
(129)
(179)
(294)
(594)
(589)
(828)
(902)
(469)
(443)
Research & Development
0
0
(1)
0
(2)
(2)
0
(1)
(1)
(1)
(3)
(4)
(3)
(6)
(8)
(7)
(7)
(9)
(9)
(9)
(15)
(16)
(18)
(17)
(12)
(9)
(11)
(8)
(11)
(5)
(7)
(9)
(9)
(9)
(10)
(12)
(13)
(17)
(20)
(22)
(22)
(26)
(22)
(28)
(24)
(26)
(34)
(54)
(49)
(83)
(155)
(285)
(442)
(409)
(345)
(337)
Depreciation & Amortization
0
0
0
(1)
0
0
(1)
0
0
(1)
(1)
(1)
(1)
(1)
(1)
0
(1)
(2)
(2)
0
(1)
0
0
0
(1)
(2)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
0
0
1
0
2
2
0
0
0
0
0
0
0
0
0
0
0
2
2
1
(2)
1
1
0
1
1
1
0
0
0
0
0
2
1
1
1
7
6
0
0
0
(3)
0
(3)
1
1
1
1
0
1
1
0
1
1
22
23
Operating Income
(4)
N/A
(5)
-25%
(6)
-20%
(5)
+17%
(2)
+60%
(1)
+50%
0
N/A
8
N/A
11
+38%
13
+18%
16
+23%
27
+69%
42
+56%
40
-5%
43
+8%
18
-58%
(12)
N/A
(14)
-17%
(16)
-14%
3
N/A
(4)
N/A
(7)
-75%
(9)
-29%
(19)
-111%
(13)
+32%
(8)
+38%
1
N/A
10
+900%
2
-80%
1
-50%
5
+400%
4
-20%
4
N/A
4
N/A
(14)
N/A
(7)
+50%
1
N/A
29
+2 800%
45
+55%
61
+36%
45
-26%
51
+13%
43
-16%
57
+33%
69
+21%
55
-20%
34
-38%
48
+41%
216
+350%
10 359
+4 696%
17 554
+69%
8 038
-54%
(461)
N/A
(1 509)
-227%
(524)
+65%
(362)
+31%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
(1)
0
0
1
1
1
0
0
0
1
1
1
2
2
1
1
(1)
(1)
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
1
1
1
2
1
1
1
0
0
29
100
153
190
135
83
95
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
(2)
(2)
(2)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(4)
(5)
(2)
(79)
(84)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
1
3
0
(1)
0
(1)
(90)
140
302
410
367
196
Pre-Tax Income
(6)
N/A
(5)
+17%
(7)
-40%
(5)
+29%
(2)
+60%
(1)
+50%
0
N/A
8
N/A
11
+38%
13
+18%
15
+15%
26
+73%
42
+62%
40
-5%
42
+5%
19
-55%
(13)
N/A
(14)
-8%
(17)
-21%
5
N/A
(4)
N/A
(7)
-75%
(8)
-14%
(20)
-150%
(14)
+30%
(9)
+36%
(1)
+89%
9
N/A
2
-78%
2
N/A
6
+200%
4
-33%
3
-25%
2
-33%
(16)
N/A
(8)
+50%
0
N/A
28
N/A
45
+61%
61
+36%
47
-23%
51
+9%
44
-14%
59
+34%
71
+20%
59
-17%
37
-37%
49
+32%
217
+343%
10 387
+4 687%
17 563
+69%
8 327
-53%
25
-100%
(965)
N/A
(153)
+84%
(155)
-1%
Net Income
Tax Provision
0
1
1
0
0
0
0
(1)
(2)
(2)
(3)
(6)
(11)
(11)
(12)
(6)
1
0
0
(5)
(5)
(2)
(2)
1
1
0
0
2
(2)
(2)
(2)
(2)
(3)
(2)
(1)
(3)
(3)
(2)
(8)
(18)
(10)
(13)
(10)
(13)
(6)
(3)
0
(3)
(31)
(1 602)
(3 104)
(1 670)
63
233
(105)
(142)
Income from Continuing Operations
(6)
(4)
(6)
(5)
(3)
(3)
0
6
9
11
12
21
30
29
31
13
(13)
(15)
(17)
0
(9)
(9)
(10)
(19)
(13)
(9)
(1)
12
0
0
4
2
0
1
(16)
(10)
(3)
27
37
44
36
41
35
47
65
55
37
46
185
8 786
14 459
6 657
88
(732)
(258)
(297)
Income to Minority Interest
0
0
0
0
0
0
(1)
(3)
(4)
(4)
(4)
(7)
(10)
(10)
(11)
(5)
4
3
4
0
2
3
3
4
2
0
(2)
(3)
0
0
(1)
(1)
0
0
4
3
0
(8)
(11)
(14)
(14)
(16)
(13)
(17)
(20)
(17)
(14)
(20)
(75)
(3 558)
(5 991)
(2 814)
26
379
158
172
Net Income (Common)
(4)
N/A
(5)
-25%
(4)
+20%
(5)
-25%
(3)
+40%
(3)
N/A
(1)
+67%
3
N/A
5
+67%
8
+60%
8
N/A
13
+63%
20
+54%
20
N/A
21
+5%
10
-52%
(9)
N/A
(10)
-11%
(12)
-20%
(1)
+92%
(6)
-500%
(7)
-17%
(8)
-14%
(15)
-88%
(12)
+20%
(9)
+25%
(4)
+56%
7
N/A
(2)
N/A
(1)
+50%
1
N/A
(1)
N/A
(1)
N/A
1
N/A
(11)
N/A
(6)
+45%
(1)
+83%
18
N/A
26
+44%
29
+12%
22
-24%
23
+5%
20
-13%
26
+30%
40
+54%
32
-20%
16
-50%
20
+25%
104
+420%
5 222
+4 921%
8 461
+62%
3 838
-55%
108
-97%
(360)
N/A
(106)
+71%
(131)
-23%
EPS (Diluted)
-0.12
N/A
-0.14
-17%
-0.1
+29%
-0.14
-40%
-0.08
+43%
-0.08
N/A
-0.02
+75%
0.09
N/A
0.14
+56%
0.19
+36%
0.19
N/A
0.32
+68%
0.46
+44%
0.4
-13%
0.38
-5%
0.2
-47%
-0.16
N/A
-0.18
-12%
-0.21
-17%
-0.02
+90%
-0.12
-500%
-0.12
N/A
-0.13
-8%
-0.27
-108%
-0.2
+26%
-0.15
+25%
-0.07
+53%
0.12
N/A
-0.03
N/A
0
N/A
0.01
N/A
-0.01
N/A
-0.01
N/A
0.01
N/A
-0.19
N/A
-0.1
+47%
-0.01
+90%
0.33
N/A
0.45
+36%
0.5
+11%
0.34
-32%
0.27
-21%
0.17
-37%
0.27
+59%
0.36
+33%
0.32
-11%
0.16
-50%
0.17
+6%
0.92
+441%
45.8
+4 878%
74.22
+62%
33.66
-55%
0.94
-97%
-3.15
N/A
-1.06
+66%
-1.31
-24%