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Sol-gel Technologies vs Zhengye Biotechnology Holding

Sol-gel Technologies is the larger business, with $19.4m of revenue in fiscal 2025 against $16.2m for Zhengye Biotechnology Holding (1.2 times as much). Sol-gel Technologies grew faster (68.0% against -37.5%). Sol-gel Technologies kept more of each dollar of sales as profit: a net margin of -31.6% against -60.0%. Sol-gel Technologies carries less debt relative to equity (0.0% against 29.9%).

Latest fiscal yearSol-gel TechnologiesSLGL, 2025Zhengye Biotechnology HoldingZYBT, 2025
Revenue $19.4m $16.2m
Revenue growth 68.0% -37.5%
Net income −$6.1m −$9.7m
Operating margin -38.9% -60.6%
Net margin -31.6% -60.0%
Return on equity -23.7% -26.0%
Free cash flow $275,000 $1.7m
Cash $11.0m $7.2m
Total debt $0 $10.7m
Debt to equity 0.0% 29.9%
Dividend per share — —
Dividend yield — 3.5%
Share buybacks — —
Employees — —
Market value $184m $61.6m
Price vs our value range — Above our value range
Moat score — —
Insider trades, 12 months 49 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.