Sinovac Biotech Ltd., one of China's leading vaccine producers, reported an annual net income of more than 14 billion U.S. dollars in 2021. The company enjoyed massive growth in its financial figures since the start of the COVID-19 pandemic, thanks to the global demands of CoronaVac, Sinovac's COVID-19 vaccine. Unlike Sinopharm, all of Sinovac's revenues are generated from the sales of vaccine products. Therefore, the future prospect of the company's further development after the COVID-19 pandemic remains unclear.
Annual net income of Sinovac Biotech Ltd. between 2016 and 2022
(in million U.S. dollars)
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Net income in million U.S. dollars
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US Securities and Exchange Commission. (May 1, 2023). Annual net income of Sinovac Biotech Ltd. between 2016 and 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1304570/annual-net-income-of-sinovac/
US Securities and Exchange Commission. "Annual net income of Sinovac Biotech Ltd. between 2016 and 2022 (in million U.S. dollars)." Chart. May 1, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1304570/annual-net-income-of-sinovac/
US Securities and Exchange Commission. (2023). Annual net income of Sinovac Biotech Ltd. between 2016 and 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1304570/annual-net-income-of-sinovac/
US Securities and Exchange Commission. "Annual Net Income of Sinovac Biotech Ltd. between 2016 and 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 1 May 2023, https://www.statista.com/statistics/1304570/annual-net-income-of-sinovac/
US Securities and Exchange Commission, Annual net income of Sinovac Biotech Ltd. between 2016 and 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1304570/annual-net-income-of-sinovac/ (last visited July 22, 2024)
Annual net income of Sinovac Biotech Ltd. between 2016 and 2022 (in million U.S. dollars) [Graph], US Securities and Exchange Commission, May 1, 2023. [Online]. Available: https://www.statista.com/statistics/1304570/annual-net-income-of-sinovac/