Viva Biotech Holdings logo

Viva Biotech Holdings

1873.HK

HKSEHealthcareBiotechnology

Latest quote

HK$1.525

−HK$0.065 · -4.09%

Aug 24, 11:58 AM HKT

1873.HK company overview

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Company profile

Company website

Viva Biotech Holdings, founded in 2008 and based in Shanghai, China, operates as an investment holding company primarily dedicated to providing comprehensive, structure-based drug discovery services to biotechnology and pharmaceutical clients worldwide. Its extensive discovery biology offerings encompass protein expression and purification, structural biology, hit identification, bioassay development, biomolecular interaction analysis, and pharmacokinetic studies. The company also delivers a suite of chemistry services, including medicinal and synthetic chemistry, analytical services, preparative purification, and computer-aided drug design, all supported by robust chemical technology platforms. Viva Biotech further specializes in antibody drug research and development, covering antigen preparation, multi-species antibody discovery, monoclonal antibody production, functional screening and characterization, antibody engineering, and cell line engineering. This work is facilitated by cutting-edge technological platforms such as hybridoma, phage and yeast display, mammalian display, VHH antibody technology, high-throughput sequencing, computer-aided drug design, HDX-MS, protein crystal structure determination, and SPR technology. Beyond its core service offerings, Viva Biotech provides various biological resources, including cell lines, crystal structures, GPCR proteins, antibodies, and other purified proteins. The company also offers contract development and manufacturing (CDMO) services for small molecule active pharmaceutical ingredients (APIs) and their intermediates. Furthermore, it engages in the trading of APIs, intermediates, and formulations, and operates under an "equity for service" model. Additional services include general research, laboratory facility rentals, project management and bidding assistance, and the sale of chemical compounds.

Industry
Biotechnology
Sector
Healthcare
Headquarters
CN
CEO
Chen Cheney Mao
Listed since
May 9, 2019
Employees
2,169

Market position

Day range

Current HK$1.525

52-week range

Current HK$1.525

Open
HK$1.59
Previous close
HK$1.59
Volume
1.81M
0.32× average
Average volume
5.68M
Average daily volume
Market cap
3.16B HKD
Beta
1.38
Market reference 1
50-day average
HK$1.2924
+18.00% above average
200-day average
HK$1.7759
-14.13% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.17B CNY
EV / EBITDA
10.82×
Earnings yield
5.57%
Free cash flow yield
2.23%

Profitability & efficiency

Return on equity
5.50%
Return on assets
3.05%
Return on invested capital
2.42%

Financial health

Current ratio
1.5×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends44%20%-4%-28%Gross margin, FY2021: 30.94%Gross margin, FY2022: 34.28%Gross margin, FY2023: 34.26%Gross margin, FY2024: 34.60%Gross margin, FY2025: 37.91%Operating margin, FY2021: 11.26%Operating margin, FY2022: 11.32%Operating margin, FY2023: 8.94%Operating margin, FY2024: 11.56%Operating margin, FY2025: 11.17%Net margin, FY2021: 13.67%Net margin, FY2022: -22.21%Net margin, FY2023: -5.39%Net margin, FY2024: 8.42%Net margin, FY2025: 12.71%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.94%. Gross margin FY2022 34.28%. Gross margin FY2023 34.26%. Gross margin FY2024 34.60%. Gross margin FY2025 37.91%. Operating margin FY2021 11.26%. Operating margin FY2022 11.32%. Operating margin FY2023 8.94%. Operating margin FY2024 11.56%. Operating margin FY2025 11.17%. Net margin FY2021 13.67%. Net margin FY2022 -22.21%. Net margin FY2023 -5.39%. Net margin FY2024 8.42%. Net margin FY2025 12.71%.

Income trends

Revenue

1.73B CNY-12.95%

Operating income

193.25M CNY-15.86%

Net income

219.76M CNY+31.36%
Income trends across reported periods2.67B CNY1.51B CNY343.96M CNY−819.29M CNYRevenue, FY2021: 2.1B CNYRevenue, FY2022: 2.38B CNYRevenue, FY2023: 2.16B CNYRevenue, FY2024: 1.99B CNYRevenue, FY2025: 1.73B CNYOperating income, FY2021: 236.9M CNYOperating income, FY2022: 269.35M CNYOperating income, FY2023: 192.68M CNYOperating income, FY2024: 229.67M CNYOperating income, FY2025: 193.25M CNYNet income, FY2021: 287.55M CNYNet income, FY2022: −528.48M CNYNet income, FY2023: −116.11M CNYNet income, FY2024: 167.29M CNYNet income, FY2025: 219.76M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.1B CNY. Revenue FY2022 2.38B CNY. Revenue FY2023 2.16B CNY. Revenue FY2024 1.99B CNY. Revenue FY2025 1.73B CNY. Operating income FY2021 236.9M CNY. Operating income FY2022 269.35M CNY. Operating income FY2023 192.68M CNY. Operating income FY2024 229.67M CNY. Operating income FY2025 193.25M CNY. Net income FY2021 287.55M CNY. Net income FY2022 −528.48M CNY. Net income FY2023 −116.11M CNY. Net income FY2024 167.29M CNY. Net income FY2025 219.76M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.73B CNY1.99B CNY2.16B CNY2.38B CNY2.1B CNY
Cost of goods sold1.07B CNY1.3B CNY1.42B CNY1.56B CNY1.45B CNY
Gross profit655.56M CNY687.4M CNY738.43M CNY815.68M CNY650.98M CNY
Research and development100.46M CNY87.99M CNY127.97M CNY135.84M CNY92.38M CNY
Selling, general, and administrative361.86M CNY364.12M CNY409.66M CNY404.45M CNY321.7M CNY
Operating expenses462.31M CNY457.73M CNY545.75M CNY546.33M CNY414.08M CNY
Interest income16.48M CNY20.54M CNY27.38M CNY21.61M CNY26.58M CNY
Interest expense36.55M CNY53.89M CNY176.58M CNY184.67M CNY183.11M CNY
Depreciation and amortization192.13M CNY198.33M CNY198.33M CNY170.37M CNY133.04M CNY
Operating income193.25M CNY229.67M CNY192.68M CNY269.35M CNY236.9M CNY
Net income219.76M CNY167.29M CNY−116.11M CNY−528.48M CNY287.55M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 5 misses, 0 met estimates
Average EPS surprise
-95.66%
5 comparable reports
Latest EPS result
0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.670.340-0.33Q3 '22MissQ2 '23MissQ3 '23No estimateQ1 '24No estimateQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 29, 2022: actual -0.059, estimate 0.6, surprise -109.76%, Miss. Q2 2023, reported Apr 26, 2023: actual -0.262, estimate 0.6, surprise -143.66%, Miss. Q3 2023, reported Aug 29, 2023: actual 0.001, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.061, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 0.054, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 0.025, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 0.055, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 0.046, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.97B2.24B1.51B774.83MQ2 '23BeatQ3 '23No estimateQ1 '24MissQ3 '24MissQ1 '25No estimateQ3 '25No estimateQ1 '26No estimateQ3 '26Estimate
Q2 2023, reported Apr 26, 2023: actual 1.45B HKD, estimate 1.09B HKD, surprise +32.52%, Beat. Q3 2023, reported Aug 29, 2023: actual 1.23B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 1.12B HKD, estimate 2.81B HKD, surprise -60.13%, Miss. Q3 2024, reported Aug 29, 2024: actual 1.05B HKD, estimate 2.81B HKD, surprise -62.46%, Miss. Q1 2025, reported Mar 27, 2025: actual 1.07B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 911.57M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 998.55M HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 26, 2026: actual —, estimate 1.01B HKD, surprise —, Comparison unavailable.

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