Bio-Thera Solutions Ltd

Bio-Thera Solutions Ltd

688177 · SHG · Healthcare / Biotechnology

16.72CNY-0.59 (-3.41%)

Price History

Full chart

Market Stats

Previous Close17.31
Open17.35
Day Range16.61 – 17.40
52-Week Range15.57 – 29.28
Volume2.04M
Market Cap8.71B
P/E (TTM)0.00
Forward P/E0.00
EPS-1.11
Dividend Yield0.00%
Beta0.38
50-Day Avg18.65
200-Day Avg20.72

About

Bio-Thera Solutions, Ltd., a biopharmaceutical company, researches and develops novel therapeutics for the treatment of cancer, autoimmune, cardiovascular, eye diseases, and other severe unmet medical needs in China and internationally. It offers QLETLI for the treatment of ankylosing spondylitis, rheumatoid arthritis, psoriasis, Crohn's disease, and uveitis; POBEVCY to treat patients with metastatic colorectal cancer, non-squamous non-small cell lung cancer, recurrent glioblastoma, metastatic renal cell carcinoma, cervical cancer, and epithelial ovarian, fallopian tube, or primary peritoneal cancer; TOFIDENCE for the treatment of rheumatoid arthritis, polyarticular and systemic juvenile idiopathic arthritis, and cytokine release syndrome; and BETAGRIN for the treatment of acute coronary syndromes. The company also develops BAT2206, a biosimilar drug candidate used to treat psoriasis, Crohn's disease, and ulcerative colitis; BAT2306 to treat plaque psoriasis, psoriatic arthritis, ankylosing spondylitis and non-radiographic axial spondyloarthritis; and BAT4406F, BAT6026, BAT2606, and BAT2506 for treatment of various autoimmune diseases. In addition, it develops BAT4306F, BAT1308, BAT1006, BAT4706, BAT6026, BAT7104, BAT7104, BAT8006, BAT8010, BAT8008, and BAT8007 for treatment of oncology; BAT2094 and BAT6024 to treat cardiovascular diseases; and BAT5906 that is in Phase III clinical trial for the treatment for wet age-related macular degeneration and diabetic macular edema (DME). The company has a bios imilars alliance with STADA Arzneimittel AG to cover tocilizumab, an immunosuppressant monoclonal antibody indicated for certain inflammatory conditions. The company collaborates with Avalon Pharmaceuticals on BAT2406, a biosimilar of dupixent (dupilumab) across Saudi Arabia and other Middle Eastern, and North African markets. Bio-Thera Solutions, Ltd. was founded in 2003 and is headquartered in Guangzhou, China.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. Shengfeng Li
  • Employees1.47K
  • HeadquartersNo. 18, Spiral 2nd Road, Guangzhou, China, 510005, China
  • Websitehttps://www.bio-thera.com

Leadership

  • Mr. Shengfeng LiFounder, CEO, GM & Chairman · b. 1959
  • Ms. Zhan XianhongChief Financial Officer · b. 1978
  • Dr. Xianming HuangDeputy GM, SVP of Discovery Research & Director · b. 1965
  • Mr. Chaohe WangDirector & Head of the Clinical Department · b. 1981
  • Ms. Dan YuSecretary to the Board · b. 1981
  • Li Hua ShiAccounting Supervisor
  • Mr. Cai BaoSenior Vice President of Quality & Director · b. 1986

Financials

Income Statement

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.76M2.01M0700.00K184.99M836.58M455.13M704.79M743.17M935.22M
Growth (%)--27.31%-100.00%-+26327.13%+352.23%-45.60%+54.86%+5.44%+25.84%
Cost of Revenue1.92M722.67K-127.75K19.92M35.60M190.62M193.30M229.54M197.22M
Gross Profit841.99K1.29M0572.25K165.07M800.98M264.51M511.50M513.62M738.00M
Gross Margin30.47%64.03%-81.75%89.23%95.74%58.12%72.57%69.11%78.91%
Operating Expense144.47M240.37M553.72M1.03B711.71M716.72M759.15M904.05M1.01B1.08B
Operating Income-143.63M-239.09M-553.72M-1.02B-546.64M84.26M-494.64M-392.55M-496.02M-346.27M
Operating Margin-5197.08%-11901.35%--146397.74%-295.50%10.07%-108.68%-55.70%-66.74%-37.03%
EBITDA--212.26M-503.54M-966.39M-450.55M164.76M-396.50M-298.80M-400.36M-207.27M
EBITDA Margin--10565.98%--138055.96%-243.55%19.69%-87.12%-42.40%-53.87%-22.16%
Net Income-136.58M-235.51M-553.11M-1.02B-513.23M81.94M-480.40M-394.53M-510.30M-331.94M
Net Income Margin-4942.14%-11723.31%--146088.83%-277.43%9.79%-105.55%-55.98%-68.67%-35.49%
R&D131.50M236.51M541.69M636.51M562.65M543.42M616.39M768.64M777.63M800.15M
R&D as % of Total Revenue4758.29%11773.00%-90930.15%304.15%64.96%135.43%109.06%104.64%85.56%
Interest Expense0027.83K770.02K3.70M775.44K61.93K10.38M20.55M20.07M
Interest Expense % of Total Revenue0.00%0.00%-110.00%2.00%0.09%0.01%1.47%2.77%2.15%

Balance Sheet

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets708.29M618.94M1.02B1.01B2.39B2.62B2.18B2.29B2.21B2.29B
Total Liabilities173.86M271.39M219.44M383.68M387.56M530.27M572.48M1.07B1.50B1.91B
Total Equity534.43M347.55M801.32M630.67M2.01B2.09B1.61B1.21B708.09M376.03M
Cash8.42M33.44M112.36M39.07M283.51M847.47M165.94M163.99M289.80M218.61M
Net Debt---62.52M---318.63M169.38M235.68M

Cash Flow

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-116.18M-236.68M-528.25M-597.98M-358.04M236.27M-412.82M-460.87M-55.65M-82.11M
Investing Cash Flow-119.05M-145.56M-339.34M-74.81M-1.18B301.76M-245.80M---
Financing Cash Flow-99.00M932.98M599.33M1.78B26.54M-30.15M---
Capital Expenditure119.22M160.83M317.80M74.81M253.27M77.89M258.82M275.86M126.85M121.74M
Free Cash Flow--397.51M-846.05M-672.78M-611.30M158.38M-671.64M-780.25M-182.50M-203.86M
Dividends Paid-620.57K620.57K620.57K3.85M553.00K164.50K5.67M20.60M20.39M
FCF to OCF-167.95%160.16%112.51%170.74%67.03%162.70%169.30%327.93%248.27%
Dividend Paid to FCF--0.16%-0.07%-0.09%-0.63%0.35%-0.02%-0.73%-11.29%-10.00%

Earnings

Report DateApr 29, 2020Aug 27, 2020Sep 30, 2020Mar 4, 2021Apr 28, 2021Aug 27, 2021Oct 29, 2021Mar 4, 2022Apr 29, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate-------------
EPS Actual-0.39-0.34-0.29-0.37-0.260.27-0.280.47-0.27-0.14-0.21-0.54-0.34
Surprise-------------
TimingAfter-hoursPre-market-Pre-market---Pre-marketPre-market----

Key Statistics & Ratios

Market Cap8.71B
Enterprise Value9.31B
Trailing P/E0.00
Forward P/E0.00
Price / Sales8.61
Price / Book71.06
EPS-1.11
Book Value0.299
Revenue (TTM)1.01B
Gross Profit (TTM)810.59M
EBITDA-380.00M
Profit Margin-45.36%
Operating Margin-35.90%
Return on Equity-129.83%
Return on Assets-12.94%
Shares Outstanding414.08M
Shares Float107.34M
Beta0.38
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%