Keymed Biosciences Inc. logo

Keymed Biosciences Inc.

2162.HK

HKSEHealthcareBiotechnology

Latest quote

HK$80.30

HK$0.00 · 0.00%

Aug 24, 11:59 AM HKT

2162.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Keymed Biosciences Inc., a biotechnology firm founded in 2016 in Chengdu, China (formerly known as 2Health Biosciences, Inc.), specializes in the research and development of innovative biological treatments, primarily targeting autoimmune and oncology diseases. A cornerstone of their pipeline is CM310, their lead product candidate, which is currently being developed for the management of moderate to severe atopic dermatitis (AD), asthma, chronic rhinosinusitis with nasal polyposis (CRSwNP), and chronic obstructive pulmonary disease (COPD). Complementing this, the company is also progressing CM326, a monoclonal antibody designed to inhibit thymic stromal lymphopoietin, for similar indications such as AD, CRSwNP, asthma, and COPD. In the realm of oncology, Keymed is developing CMG901 for solid tumors, particularly those affecting the stomach and gastroesophageal junction. Another significant candidate, CM313, is a humanized monoclonal antibody slated for the treatment of relapsed or refractory multiple myeloma, lymphoma, other blood cancers, and systemic lupus erythematosus. Their extensive portfolio further includes MIL95/CM312, a humanized monoclonal antibody targeting CD47; CM338, an antagonist antibody against mannose-binding lectin-associated serine protease-2; CM355, intended for relapsed or refractory non-Hodgkin's lymphoma; CM336, for multiple myeloma; CM350, for various solid tumors; and CM369, an anti-CC chemokine receptor 8 monoclonal antibody.

Industry
Biotechnology
Sector
Healthcare
Headquarters
CN
CEO
Bo Chen
Listed since
Jul 8, 2021
Employees
1,625

Market position

Day range

Current HK$80.30

52-week range

Current HK$80.30

Open
HK$80.30
Previous close
HK$80.30
Volume
1.28M
0.46× average
Average volume
2.79M
Average daily volume
Market cap
23.66B HKD
Beta
-0.15
Market reference 1
50-day average
HK$75.498
+6.36% above average
200-day average
HK$64.0848
+25.30% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
13.4B CNY
P/E (TTM)
24.76×
P/B (TTM)
4.87×
P/S (TTM)
24.66×
EV / EBITDA
-27.38×
Earnings yield
-3.87%
Free cash flow yield
-7.97%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
68.24%
Operating margin
-74.63%
Net margin
92.92%
Return on equity
-18.34%
Return on assets
-12.07%
Return on invested capital
-14.99%

Financial health

Debt / equity
0.17×
Current ratio
2.9×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends461%-992%-2446%-3899%Gross margin, FY2021: 84.40%Gross margin, FY2022: 97.42%Gross margin, FY2023: 89.59%Gross margin, FY2024: 97.15%Gross margin, FY2025: 74.02%Operating margin, FY2021: -3520.03%Operating margin, FY2022: -543.47%Operating margin, FY2023: -122.79%Operating margin, FY2024: -144.37%Operating margin, FY2025: -83.82%Net margin, FY2021: -3535.39%Net margin, FY2022: -307.92%Net margin, FY2023: -101.49%Net margin, FY2024: -120.35%Net margin, FY2025: -72.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 84.40%. Gross margin FY2022 97.42%. Gross margin FY2023 89.59%. Gross margin FY2024 97.15%. Gross margin FY2025 74.02%. Operating margin FY2021 -3520.03%. Operating margin FY2022 -543.47%. Operating margin FY2023 -122.79%. Operating margin FY2024 -144.37%. Operating margin FY2025 -83.82%. Net margin FY2021 -3535.39%. Net margin FY2022 -307.92%. Net margin FY2023 -101.49%. Net margin FY2024 -120.35%. Net margin FY2025 -72.96%.

Income trends

Revenue

697.77M CNY+62.98%

Operating income

−584.85M CNY+5.38%

Net income

−509.11M CNY+1.19%
Income trends across reported periods1.16B CNY−681.09M CNY−2.52B CNY−4.36B CNYRevenue, FY2021: 110.27M CNYRevenue, FY2022: 100.06M CNYRevenue, FY2023: 354.1M CNYRevenue, FY2024: 428.12M CNYRevenue, FY2025: 697.77M CNYOperating income, FY2021: −3.88B CNYOperating income, FY2022: −543.81M CNYOperating income, FY2023: −434.8M CNYOperating income, FY2024: −618.1M CNYOperating income, FY2025: −584.85M CNYNet income, FY2021: −3.9B CNYNet income, FY2022: −308.12M CNYNet income, FY2023: −359.36M CNYNet income, FY2024: −515.24M CNYNet income, FY2025: −509.11M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 110.27M CNY. Revenue FY2022 100.06M CNY. Revenue FY2023 354.1M CNY. Revenue FY2024 428.12M CNY. Revenue FY2025 697.77M CNY. Operating income FY2021 −3.88B CNY. Operating income FY2022 −543.81M CNY. Operating income FY2023 −434.8M CNY. Operating income FY2024 −618.1M CNY. Operating income FY2025 −584.85M CNY. Net income FY2021 −3.9B CNY. Net income FY2022 −308.12M CNY. Net income FY2023 −359.36M CNY. Net income FY2024 −515.24M CNY. Net income FY2025 −509.11M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue697.77M CNY428.12M CNY354.1M CNY100.06M CNY110.27M CNY
Cost of goods sold181.26M CNY12.2M CNY36.88M CNY2.59M CNY17.2M CNY
Gross profit516.51M CNY415.92M CNY317.22M CNY97.48M CNY93.07M CNY
Research and development704.8M CNY735.19M CNY596.28M CNY507.37M CNY358.16M CNY
Selling, general, and administrative395.39M CNY298.83M CNY177.01M CNY133.91M CNY130.39M CNY
Operating expenses1.1B CNY1.03B CNY752.02M CNY641.29M CNY450.61M CNY
Interest income68.37M CNY88.33M CNY88.35M CNY54.32M CNY7.01M CNY
Interest expense16.47M CNY18.46M CNY17.26M CNY8.22M CNY11.13M CNY
Depreciation and amortization95.49M CNY51.63M CNY69.16M CNY36.12M CNY21.02M CNY
Operating income−584.85M CNY−618.1M CNY−434.8M CNY−543.81M CNY−3.88B CNY
Net income−509.11M CNY−515.24M CNY−359.36M CNY−308.12M CNY−3.9B CNY

Company facts updated Aug 24, 2026.

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