TYK Medicines, Inc logo

TYK Medicines, Inc

2410.HK

HKSEHealthcareBiotechnology

Latest quote

HK$6.26

−HK$0.405 · -6.08%

Aug 24, 11:59 AM HKT

2410.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

TYK Medicines, Inc. is a biopharmaceutical firm in the clinical development phase, dedicated to identifying, obtaining, advancing, and bringing to market innovative treatments for significant unmet needs in oncology. The company's primary drug candidate, TY-9591, is a third-generation epidermal growth factor receptor (EGFR) tyrosine kinase inhibitor (TKI). It is being developed to treat non-small cell lung cancer (NSCLC) with EGFR mutations that has metastasized to the brain, as well as locally advanced or metastatic NSCLC characterized by the EGFR L858R mutation. Beyond its lead candidate, TYK Medicines maintains a diverse pipeline of other investigational therapies. These include TY-302, an oral cyclin-dependent kinase (CDK) 4/6 inhibitor designed for solid tumors such as breast and prostate cancer. Another compound, TY-2136b, is an oral ROS proto-oncogene 1/neurotrophic tyrosine receptor kinase inhibitor also aimed at solid tumors. The company is advancing TY-2699a, a selective CDK7 inhibitor, and TY-0540, a selective CDK2/4/6 inhibitor, both targeting advanced or metastatic solid malignancies. Further, the pipeline features TY-4028, an oral exon 20 insertion tyrosine kinase inhibitor (TKI) specifically addressing locally advanced or metastatic non-small cell lung cancer (NSCLC) with EGFR exon 20 or HER2 exon 20 insertions. TY-1091 is a potent and selective rearranged during transfection proto-oncogene (RET) inhibitor, under development for advanced NSCLC with RET gene fusion, advanced medullary thyroid cancer with RET gene mutation, and other solid tumors presenting RET gene alterations. Other promising programs include TY-1054, an oral yes-associated protein-transcriptional enhanced associate domain inhibitor for various cancers; TY-1210, a selective CDK2 inhibitor for solid tumors; TY-0609, a selective CDK4 inhibitor also for cancer therapy; and TY-3200, an innovative EGFR degrader. Established in 2017, the enterprise operates from its main office located in Huzhou, China.

Industry
Biotechnology
Sector
Healthcare
Headquarters
CN
CEO
Yusheng Wu
Listed since
Aug 20, 2024
Employees
173

Market position

Day range

Current HK$6.26

52-week range

Current HK$6.26

Open
HK$6.40
Previous close
HK$6.665
Volume
2.8M
0.76× average
Average volume
3.7M
Average daily volume
Market cap
2.37B HKD
Beta
2.17
Market reference 1
50-day average
HK$6.8399
-8.48% below average
200-day average
HK$10.4095
-39.86% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.2B CNY
P/E (TTM)
-6.88×
P/B (TTM)
7.01×
P/S (TTM)
EV / EBITDA
-14.48×
Earnings yield
-6.62%
Free cash flow yield
-5.79%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
0.00%
Net margin
0.00%
Return on equity
-101.82%
Return on assets
-37.43%
Return on invested capital
-50.58%

Financial health

Debt / equity
0.53×
Current ratio
1.43×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends36214%-108460%-253135%-397809%Gross margin, FY2022: 45.30%Gross margin, FY2024: 13.08%Operating margin, FY2022: -530.70%Operating margin, FY2024: -296072.90%Net margin, FY2022: -702.94%Net margin, FY2024: -361640.19%FY2022FY2023FY2024FY2025
Gross margin FY2022 45.30%. Gross margin FY2024 13.08%. Operating margin FY2022 -530.70%. Operating margin FY2024 -296072.90%. Net margin FY2022 -702.94%. Net margin FY2024 -361640.19%.

Income trends

Revenue

107K CNY-99.76%

Operating income

−314.19M CNY+0.82%

Net income

−292.01M CNY+24.54%
Income trends across reported periods87.36M CNY−85.12M CNY−257.6M CNY−430.07M CNYRevenue, FY2022: 44.24M CNYRevenue, FY2024: 107K CNYOperating income, FY2022: −234.79M CNYOperating income, FY2023: −286.24M CNYOperating income, FY2024: −316.8M CNYOperating income, FY2025: −314.19M CNYNet income, FY2022: −310.99M CNYNet income, FY2023: −382.43M CNYNet income, FY2024: −386.96M CNYNet income, FY2025: −292.01M CNYFY2022FY2023FY2024FY2025
Revenue FY2022 44.24M CNY. Revenue FY2024 107K CNY. Operating income FY2022 −234.79M CNY. Operating income FY2023 −286.24M CNY. Operating income FY2024 −316.8M CNY. Operating income FY2025 −314.19M CNY. Net income FY2022 −310.99M CNY. Net income FY2023 −382.43M CNY. Net income FY2024 −386.96M CNY. Net income FY2025 −292.01M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022
Revenue107K CNY44.24M CNY
Cost of goods sold24.37M CNY93K CNY27.66M CNY24.2M CNY
Gross profit−24.37M CNY14K CNY−27.66M CNY20.04M CNY
Research and development221.57M CNY235.45M CNY249.25M CNY229.81M CNY
Selling, general, and administrative78.48M CNY108.33M CNY59.31M CNY11.26M CNY
Operating expenses289.82M CNY316.81M CNY286.24M CNY254.84M CNY
Interest income2.67M CNY2.02M CNY700K CNY2.02M CNY
Interest expense14.53M CNY12.57M CNY8.73M CNY3.26M CNY
Depreciation and amortization24.37M CNY29.32M CNY27.64M CNY16.33M CNY
Operating income−314.19M CNY−316.8M CNY−286.24M CNY−234.79M CNY
Net income−292.01M CNY−386.96M CNY−382.43M CNY−310.99M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 1 miss, 0 met estimates
Average EPS surprise
-0.02%
1 comparable report
Latest EPS result
-0.08

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.07-0.17-0.27-0.37Q3 '25MissQ3 '26No estimate
Q3 2025, reported Aug 31, 2025: actual -0.329, estimate -0.329, surprise -0.02%, Miss. Q3 2026, reported Aug 17, 2026: actual -0.081, estimate —, surprise —, Comparison unavailable.

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