Direct Sales Channel was Zhengye Biotechnology Holding’s largest product and service line in fiscal 2024, bringing in $121.77M of $186.36M (65%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Direct Sales Channel | $207.32M | $159.53M | $121.77M |
| Distribution Network | $47.85M | $49.62M | $59.85M |
| Government Tender & Procurement | $5.10M | $2.50M | $4.73M |
| Total | $260.27M | $211.65M | $186.36M |
Zhengye Biotechnology Holding brought in $186.36M from its three product and service lines in fiscal 2024, the year ended December 31, 2024. That was down 12.0% from $211.65M in fiscal 2023. Direct Sales Channel was the largest at $121.77M (65.3%), ahead of Distribution Network at $59.85M (32.1%) and Government Tender & Procurement at $4.73M (2.5%).
Compared with fiscal 2023, Government Tender & Procurement grew fastest, up 89.2% to $4.73M, while Direct Sales Channel fell the most, down 23.7% to $121.77M. From fiscal 2022 to 2024, combined revenue from these lines fell from $260.27M to $186.36M, a compound annual decline of 15.4%. Direct Sales Channel's share of the total fell from 79.7% to 65.3%.
Zhengye Biotechnology Holding (ZYBT) reports its revenue by product and service. In fiscal 2024, Direct Sales Channel was its largest product and service line, bringing in $121.77M (65.3% of the total), followed by Distribution Network at $59.85M (32.1%).
Direct Sales Channel was Zhengye Biotechnology Holding's largest product and service line in fiscal 2024, bringing in $121.77M, or 65.3% of the $186.36M total across its three product and service lines.
Among Zhengye Biotechnology Holding's product and service lines that make up at least 2% of revenue, Government Tender & Procurement grew fastest in fiscal 2024, up 89.2% from $2.50M to $4.73M.
Every figure comes from Zhengye Biotechnology Holding's annual financial filings, as reported. Each line keeps the name Zhengye Biotechnology Holding gives it, and years follow its fiscal calendar.
Zhengye Biotechnology Holding's revenue by product and service goes back to fiscal 2022, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.