Newgenivf Group Ltd key statistics and ratios

In fiscal 2025, Newgenivf Group Ltd had return on equity of 77.2%, an operating margin of -45.2%, debt equal to 16.4% of equity and a current ratio of 3.12. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Newgenivf Group Ltd: financial ratios, annual
Fiscal year	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	24.9%	25.9%	32.7%	33.6%	4.0%
Operating margin	4.8%	6.7%	0.8%	−21.4%	−45.2%
Net margin	−0.0%	7.7%	2.5%	−9.7%	41.7%
Free-cash-flow margin	34.4%	27.2%	−35.7%	−153.1%	−46.7%
Return on equity	—	—	6.1%	−39.1%	77.2%
Return on assets	—	15.8%	3.5%	−13.0%	54.4%
Asset turnover	—	2.05	1.39	1.35	1.31
Current ratio	—	0.94	2.19	1.17	3.12
Debt to equity	—	0.0%	0.0%	—	16.4%
Interest cover (operating income ÷ interest)	—	—	0.9x	n/m	n/m
Effective tax rate	—	60.5%	—	—	—
Capital spending as % of revenue	0.4%	1.6%	1.4%	1.0%	0.6%
Free cash flow ÷ net income	—	352.4%	<−999%	—	−112.0%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

3 of 6 checks passed · December 31, 2025

What it owns · $33m

Short-term assets $7mLonger-term assets $25m

What it owes, and who funded it · $33m

Short-term liabilities $2mLonger-term liabilities $4mShareholders' equity $27m

Short-term assets cover short-term liabilities $7m of assets due within a year against $2m of liabilities due within a year.
Short-term assets cover long-term liabilities $7m short-term assets against $4m of longer-dated liabilities.
More cash than debt $758,621 of cash against $4m of debt.
Debt below 40% of shareholders' equity Debt is 15% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt −$11m of operating cash flow against $4m of debt.
Operating profit covers interest at least five times over Operating income of −$11m against $616,423 of interest.

From Newgenivf Group Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Newgenivf Group Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Newgenivf Group Ltd.