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Innovax Holdings Limited (2680) Stock Price & Analysis

3 Followers

2680 Stock Chart & Stats

HK$4.90-HK$0.16(-3.16%)
At close: 4:00 PM GMT+8
HK$5HK$6HK$7Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
HKD 4.86 - HKD 5.06
52-Week Range
HKD 4.86 - HKD 16.50
Previous Close
HKD 5.06
Volume
N/A
Average Volume (3M)
9,160
Market Cap
HKD 303.60M
Enterprise Value
HKD 56.57M
Total Cash (Recent Filing)
HKD 196.32M
Total Debt (Recent Filing)
HKD 672.00K
Price to Earnings (P/E)
―
Beta
0.11
Next Earnings
Nov 29, 2026 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Conservative Balance Sheet

Very low leverage and sizable, stable equity provide financial resilience through weaker operating periods. This reduces balance-sheet pressure, preserves flexibility for capital allocation, and gives the company a stronger foundation while it works to improve operating consistency.

Return To Profitability

The return to positive earnings after a substantial prior-year loss demonstrates meaningful operational improvement in the latest annual period. If costs remain controlled, the approximately 21% net margin and near-96% gross margin could support stronger earnings capacity over coming quarters.

Positive Latest Cash Generation

Positive operating and free cash flow in the latest year indicates that reported profitability was accompanied by cash generation. Free cash flow roughly matching net income improves internal funding capacity and can support resilience without requiring substantial external financing.

Bears Say

Sharp Revenue Contraction

A roughly 65% annual revenue decline is a substantial contraction in the company’s operating base and creates pressure on future earnings capacity. Even with high margins, sustained top-line weakness can limit scale, reduce cost absorption, and make profitability harder to maintain.

Earnings Volatility

The swing from a large loss to a profit, together with earnings moving between profits and losses across multiple years, indicates limited predictability. This volatility makes it harder to assess sustainable earnings power and increases the risk that the latest improvement will not persist.

Inconsistent Cash Flows

The latest cash-flow rebound is encouraging, but a history of significant outflows and negative operating or free cash flow shows that conversion has not been dependable. Continued inconsistency could constrain internally funded investment and weaken financial flexibility during softer periods.

Innovax Holdings Limited News

2680 FAQ

What was Innovax Holdings Limited’s price range in the past 12 months?
Innovax Holdings Limited lowest stock price was HK$4.86 and its highest was HK$16.50 in the past 12 months.
What is Innovax Holdings Limited’s market cap?
Innovax Holdings Limited’s market cap is HK$303.60M.
When is Innovax Holdings Limited’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Innovax Holdings Limited’s earnings last quarter?
Innovax Holdings Limited released its earnings results on Oct 30, 2026. The company reported -HK$0.09 earnings per share for the quarter.
Is Innovax Holdings Limited overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Innovax Holdings Limited pay dividends?
Innovax Holdings Limited does not currently pay dividends.
What is Innovax Holdings Limited’s EPS estimate?
Innovax Holdings Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Innovax Holdings Limited have?
Innovax Holdings Limited has 60,000,000 shares outstanding.
What happened to Innovax Holdings Limited’s price movement after its last earnings report?
Innovax Holdings Limited reported an EPS of -HK$0.09 in its last earnings report. Following the earnings report the stock price went down -1.761%.
Which hedge fund is a major shareholder of Innovax Holdings Limited?
Currently, no hedge funds are holding shares in HK:2680
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology