SINOVAC BIOTECH LTD Financial Summary

Quick Answer

SINOVAC BIOTECH LTD reported Total Revenue of $448.27 million for fiscal year 2023.

SINOVAC BIOTECH LTD — Key Financials by Year

Metric 2023 2022 2021 2020 2019 2018
Total Revenue $448.27M
-70.0%
$1.49B
-92.3%
$19.37B
+3694.4%
$510.62M
+107.5%
$246.05M
+7.1%
$229.65M
+31.7%
Revenue (ASC 606) $448.27M
-70.0%
$1.49B
-92.3%
$19.37B
+3694.4%
$510.62M
+107.5%
$246.05M
+7.1%
$229.65M
+31.7%
Net Income -$99.92M
-187.8%
$113.87M
-98.7%
$8.47B
+7572.0%
$110.37M
+145.7%
$44.93M
+106.3%
$21.78M
-15.6%
Diluted EPS -$1.06
-206.0%
$1.00
-98.7%
$74.27
+7556.7%
$0.97
+136.6%
$0.41
+20.6%
$0.34
-24.4%
Total Assets $13.66B
-3.2%
$14.11B
-15.7%
$16.75B
+780.9%
$1.90B
+320.4%
$452.30M
+22.3%
$369.78M
+23.6%
Cash and Equivalents $1.27B
-70.3%
$4.28B
-63.1%
$11.61B
+1015.2%
$1.04B
+581.7%
$152.72M
-3.4%
$158.17M
+38.2%
Stockholders Equity $8.71B
-2.4%
$8.92B
-4.4%
$9.33B
+1149.5%
$746.47M
+153.9%
$294.02M
+16.0%
$253.43M
+67.7%
R&D Expense $344.51M
-22.1%
$442.11M
+185.2%
$155.04M
+218.0%
$48.76M
+101.0%
$24.25M
+10.7%
$21.91M
+6.9%
Operating Income -$603.02M
-29.4%
-$466.07M
-102.7%
$17.55B
+8039.9%
$215.64M
+214.5%
$68.56M
+51.3%
$45.32M
-0.2%
Gross Profit $266.75M
-67.0%
$808.30M
-95.6%
$18.30B
+4027.4%
$443.44M
+107.6%
$213.58M
+4.2%
$204.93M
+33.0%
Shares Outstanding 99.64M
+0.1%
99.50M
+0.0%
99.50M
+0.2%
99.29M
+0.4%
98.90M
+39.0%
71.14M
+24.2%
  • SINOVAC BIOTECH LTD reported Total Revenue of $448.27 million for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -70.0% in Total Revenue compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported Revenue (ASC 606) of $448.27 million for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -70.0% in Revenue (ASC 606) compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported Net Income of -$99.92 million for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -187.8% in Net Income compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported Diluted EPS of $1.06 per share (loss) for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -206.0% in Diluted EPS compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported Total Assets of $13.66 billion for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -3.2% in Total Assets compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported Cash and Equivalents of $1.27 billion for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -70.3% in Cash and Equivalents compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported Stockholders Equity of $8.71 billion for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -2.4% in Stockholders Equity compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported R&D Expense of $344.51 million for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -22.1% in R&D Expense compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported Operating Income of -$603.02 million for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -29.4% in Operating Income compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported Gross Profit of $266.75 million for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed a decrease of -67.0% in Gross Profit compared to the prior fiscal year.
  • SINOVAC BIOTECH LTD reported Shares Outstanding of 99.64 million shares for fiscal year 2023.
  • SINOVAC BIOTECH LTD showed an increase of +0.1% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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