Ascentage Pharma Group International logo

Ascentage Pharma Group International

6855.HK

HKSEHealthcareBiotechnology

Latest quote

HK$33.28

+HK$0.42 · +1.28%

Aug 24, 4:08 PM HKT

6855.HK company overview

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Company profile

Company website

Ascentage Pharma Group International is a clinical-stage biopharmaceutical firm dedicated to discovering and developing innovative therapies for various cancers, chronic hepatitis B virus (HBV), and age-related conditions. Its operations are concentrated across the United States and Mainland China. Ascentage Pharma's flagship therapeutic candidate, HQP1351 (Olverembatinib), is a BCR-ABL inhibitor specifically designed to target BCR-ABL mutants, including those carrying the T315I mutation. This compound is intended for patients suffering from chronic phase chronic myeloid leukemia that has become resistant to tyrosine kinase inhibitors. Beyond HQP1351, the company boasts a robust pipeline. This includes APG-2575 (Pelcitoclax), an orally administered, selective Bcl-2 inhibitor undergoing Phase Ib/II clinical studies for hematologic and solid tumors; APG-115 (Alrizomadlin), an oral small molecule designed to inhibit the MDM2-p53 protein-protein interaction for various solid and hematological malignancies; and APG-1387 (Nevadotinib), a small molecule inhibitor of apoptosis proteins targeting advanced solid tumors and chronic HBV infections. Further advancing its portfolio, Ascentage is developing APG-1252 (Atoloclab), a small molecule drug aimed at restoring apoptosis by selectively inhibiting Bcl-2 and Bcl-xL proteins for conditions such as small cell lung cancer (SCLC), lymphoma, and other solid tumors. The pipeline also features APG-2449 (Glecirasib) for non-small-cell lung carcinoma (NSCLC); APG-5918, an orally available and selective EED inhibitor with best-in-class potential in its preclinical phase; APG-265, currently in IND-enabling stages for hematological and solid tumors; and UBX1967/1325, a Phase II candidate targeting the Bcl family for diabetic macular edema (DME). The company maintains strategic collaboration agreements with prominent biotechnology and pharmaceutical companies, as well as academic institutions. Key partners include Innovent Biologics, Inc., the National Cancer Institute, Pfizer Inc., and Clover Biopharmaceuticals (Hong Kong) Co., Limited. Established in 2009, Ascentage Pharma is headquartered in Suzhou, China.

Industry
Biotechnology
Sector
Healthcare
Headquarters
CN
CEO
Dajun Yang
Listed since
Oct 28, 2019
Employees
767

Market position

Day range

Current HK$33.28

52-week range

Current HK$33.28

Open
HK$33.00
Previous close
HK$32.86
Volume
2.8M
1.06× average
Average volume
2.64M
Average daily volume
Market cap
12.38B HKD
Beta
0.67
Market reference 1
50-day average
HK$34.8228
-4.43% below average
200-day average
HK$45.901
-27.50% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
16.22B CNY
P/E (TTM)
-7.33×
P/B (TTM)
19.12×
P/S (TTM)
16.75×
EV / EBITDA
-14.79×
Earnings yield
-7.24%
Free cash flow yield
-7.19%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
81.56%
Operating margin
-218.70%
Net margin
-228.60%
Return on equity
-91.36%
Return on assets
-30.53%
Return on invested capital
-33.25%

Financial health

Debt / equity
3.76×
Current ratio
1.79×
Altman Z-score
-3.12
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends441%-935%-2311%-3688%Gross margin, FY2021: 88.08%Gross margin, FY2022: 89.51%Gross margin, FY2023: 86.24%Gross margin, FY2024: 97.03%Gross margin, FY2025: 76.41%Operating margin, FY2021: -3343.50%Operating margin, FY2022: -421.25%Operating margin, FY2023: -401.83%Operating margin, FY2024: -38.63%Operating margin, FY2025: -211.14%Net margin, FY2021: -2803.38%Net margin, FY2022: -421.02%Net margin, FY2023: -416.98%Net margin, FY2024: -41.34%Net margin, FY2025: -216.47%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 88.08%. Gross margin FY2022 89.51%. Gross margin FY2023 86.24%. Gross margin FY2024 97.03%. Gross margin FY2025 76.41%. Operating margin FY2021 -3343.50%. Operating margin FY2022 -421.25%. Operating margin FY2023 -401.83%. Operating margin FY2024 -38.63%. Operating margin FY2025 -211.14%. Net margin FY2021 -2803.38%. Net margin FY2022 -421.02%. Net margin FY2023 -416.98%. Net margin FY2024 -41.34%. Net margin FY2025 -216.47%.

Income trends

Revenue

559.26M CNY-42.97%

Operating income

−1.18B CNY-211.72%

Net income

−1.21B CNY-198.60%
Income trends across reported periods1.2B CNY323.27M CNY−553.23M CNY−1.43B CNYRevenue, FY2021: 27.91M CNYRevenue, FY2022: 209.71M CNYRevenue, FY2023: 221.98M CNYRevenue, FY2024: 980.65M CNYRevenue, FY2025: 559.26M CNYOperating income, FY2021: −933.17M CNYOperating income, FY2022: −883.41M CNYOperating income, FY2023: −891.99M CNYOperating income, FY2024: −378.8M CNYOperating income, FY2025: −1.18B CNYNet income, FY2021: −782.42M CNYNet income, FY2022: −882.92M CNYNet income, FY2023: −925.64M CNYNet income, FY2024: −405.43M CNYNet income, FY2025: −1.21B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 27.91M CNY. Revenue FY2022 209.71M CNY. Revenue FY2023 221.98M CNY. Revenue FY2024 980.65M CNY. Revenue FY2025 559.26M CNY. Operating income FY2021 −933.17M CNY. Operating income FY2022 −883.41M CNY. Operating income FY2023 −891.99M CNY. Operating income FY2024 −378.8M CNY. Operating income FY2025 −1.18B CNY. Net income FY2021 −782.42M CNY. Net income FY2022 −882.92M CNY. Net income FY2023 −925.64M CNY. Net income FY2024 −405.43M CNY. Net income FY2025 −1.21B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue559.26M CNY980.65M CNY221.98M CNY209.71M CNY27.91M CNY
Cost of goods sold131.91M CNY29.09M CNY30.54M CNY22M CNY3.33M CNY
Gross profit427.35M CNY951.57M CNY191.44M CNY187.71M CNY24.58M CNY
Research and development1.08B CNY947.25M CNY706.97M CNY743.1M CNY766.49M CNY
Selling, general, and administrative523.4M CNY383.12M CNY376.46M CNY328.02M CNY191.26M CNY
Operating expenses1.61B CNY1.33B CNY1.08B CNY1.07B CNY957.75M CNY
Interest income80M CNY37.84M CNY32.41M CNY9.73M CNY7.11M CNY
Interest expense52.67M CNY64.46M CNY96.06M CNY52.79M CNY16.73M CNY
Depreciation and amortization84.24M CNY79.17M CNY93.2M CNY47.42M CNY17.18M CNY
Operating income−1.18B CNY−378.8M CNY−891.99M CNY−883.41M CNY−933.17M CNY
Net income−1.21B CNY−405.43M CNY−925.64M CNY−882.92M CNY−782.42M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-3.4
FY2025
Latest fiscal-year revenue
559.26M CNY
FY2025 · -42.97% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend-1.13-1.96-2.78-3.61FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend1.08B694.83M313.73M-67.36MFY21FY22FY23FY24FY25

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