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ASCENTAGE PHARMA GROUP INTERNATIONAL (AAPG) 10-Year Financial Performance & Capital Metrics

AAPG • • Industrial / General
HealthcareBiotechnologyOncology TherapeuticsHematologic Oncology
AboutAscentage Pharma Group International, a clinical-stage biotechnology company, develops therapies for cancers, chronic hepatitis B virus (HBV), and age-related diseases in Mainland China. The company's primary product candidate is HQP1351, a BCR-ABL inhibitor targeting BCR-ABL1 mutants, including those with the T315I mutation. It also develops APG-2575, an oral administered Bcl-2 selective inhibitor for hematologic malignancies and solid tumors; APG-115, an oral small molecule inhibitor of the MDM2-p53 protein-protein interactions to treat solid tumors and hematological malignancies; and APG-1252, a small molecule drug to restore apoptosis through dual inhibition of the Bcl-2 and Bcl-xL proteins for the treatment of small-cell lung cancer, non-small cell lung cancer, neuroendocrine tumor, and non-Hodgkin's lymphoma. In addition, the company is developing APG-1387, a small molecule inhibitor of apoptosis proteins for advanced solid tumors and chronic HBV infection; APG-2449, an oral inhibitor of FAK, ROS1, and ALK kinases; APG-5918, an orally available and selective embryonic ectoderm development inhibitor; APG-265, a MDM2 protein degrader; and UBX1967/1325, which are Bcl-2 inhibitors. In addition, it is also involved in medical research and development; clinical development; clinical trial operation; venture capital investment; rental services; and science and technology promotion services. The company has collaboration relationships with biotechnology and pharmaceutical companies; and research institutions. Ascentage Pharma Group International was founded in 2009 and is headquartered in Suzhou, China.Show more
  • Revenue $981M +341.8%
  • EBITDA -$277M +64.5%
  • Net Income -$405M +56.2%
  • EPS (Diluted) -1.34 +89.8%
  • Gross Margin 97.03% +12.5%
  • EBITDA Margin -28.2% +92.0%
  • Operating Margin -37.7% +90.4%
  • Net Margin -41.34% +90.1%
  • ROE -235.17% +39.1%
  • ROIC -36.9% +57.1%
  • Debt/Equity 6.09 -76.1%
  • Interest Coverage -5.74 +36.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 132.2%

✗Weaknesses

  • ✗High debt to equity ratio of 6.1x
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 19 (bottom 19%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y132.25%
3Y227.53%
TTM264.84%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM9.36%

EPS CAGR

10Y-
5Y-
3Y-
TTM84.45%

ROCE

10Y Avg-35.3%
5Y Avg-41.77%
3Y Avg-37.23%
Latest-24.51%

Peer Comparison

Hematologic Oncology
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CLRBCellectar Biosciences, Inc.15.48M3.65-0.09-200.99%0.03
CASICASI Pharmaceuticals, Inc.21.37M1.04-0.41-15.77%-183.93%-301.8%11.96
VORVor Biopharma Inc.308.06M14.06-0.41-94.52%0.33
FATEFate Therapeutics, Inc.121.12M1.05-0.64-78.55%-21.87%-66.69%0.27
KPTIKaryopharm Therapeutics Inc.121.95M6.66-0.71-0.55%-87.43%

Profit & Loss

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+7.67M6.33M6.81M14.51M12.45M27.91M209.71M221.98M980.65M
Revenue Growth %--0.17%0.08%1.13%-0.14%1.24%6.51%0.06%3.42%
Cost of Goods Sold+261K002.1M1.97M3.33M22M30.54M29.09M
COGS % of Revenue0.03%--0.14%0.16%0.12%0.1%0.14%0.03%
Gross Profit+7.41M6.33M6.81M12.42M10.48M24.58M187.71M191.44M951.57M
Gross Margin %0.97%1%1%0.86%0.84%0.88%0.9%0.86%0.97%
Gross Profit Growth %--0.15%0.08%0.82%-0.16%1.34%6.64%0.02%3.97%
Operating Expenses+122.03M137M330.65M595.1M674.42M894.42M1.04B1.06B1.32B
OpEx % of Revenue15.92%21.65%48.58%41%54.17%32.05%4.95%4.79%1.35%
Selling, General & Admin17.71M13.4M89.72M98.85M64.06M191.26M328.02M376.46M383.12M
SG&A % of Revenue2.31%2.12%13.18%6.81%5.15%6.85%1.56%1.7%0.39%
Research & Development102.69M118.81M249.56M463.88M564.57M766.49M743.1M706.97M947.25M
R&D % of Revenue13.39%18.78%36.66%31.96%45.35%27.46%3.54%3.18%0.97%
Other Operating Expenses1.63M4.78M-8.63M32.37M45.8M-63.34M-33.6M-19.36M-9.07M
Operating Income+-114.62M-130.67M-50.25M-582.68M-663.94M-869.84M-849.81M-872.64M-369.73M
Operating Margin %-14.95%-20.65%-7.38%-40.15%-53.33%-31.17%-4.05%-3.93%-0.38%
Operating Income Growth %--0.14%0.62%-10.6%-0.14%-0.31%0.02%-0.03%0.58%
EBITDA+-114.46M-118.17M-31.78M-578.86M-646.98M-852.65M-802.39M-779.44M-276.56M
EBITDA Margin %-14.93%-18.67%-4.67%-39.89%-51.97%-30.55%-3.83%-3.51%-0.28%
EBITDA Growth %--0.03%0.73%-17.21%-0.12%-0.32%0.06%0.03%0.65%
D&A (Non-Cash Add-back)164.37K12.5M18.46M3.83M16.96M17.18M47.42M93.19M93.17M
EBIT-104.58M-62.18M-46.85M-1.48B-669.19M-815.52M-834.39M-836.8M-330.8M
Net Interest Income+-3.25M-57.63M-29.86M8.63M-1.04M-9.63M-43.06M-63.65M-26.61M
Interest Income13K304K7.06M12.91M5.22M7.11M9.73M32.41M37.84M
Interest Expense3.26M57.94M36.92M4.27M6.25M16.73M52.78M96.06M64.45M
Other Income/Expense6.78M10.55M-23.07M-899.63M-11.51M37.59M-37.36M-60.23M-25.52M
Pretax Income+-107.84M-120.12M-346.91M-1.48B-675.45M-832.25M-887.17M-932.86M-395.25M
Pretax Margin %-14.07%-18.98%-50.96%-102.14%-54.25%-29.82%-4.23%-4.2%-0.4%
Income Tax+0-1.6M-1.6M-1.6M2.16M-49.83M-4.25M-7.15M10.43M
Effective Tax Rate %1%0.99%1%1%1%0.94%1%0.99%1.03%
Net Income+-107.84M-118.51M-345.31M-1.48B-677.61M-782.42M-882.92M-925.64M-405.43M
Net Margin %-14.07%-18.73%-50.73%-102.03%-54.43%-28.03%-4.21%-4.17%-0.41%
Net Income Growth %--0.1%-1.91%-3.29%0.54%-0.15%-0.13%-0.05%0.56%
Net Income (Continuing)-107.84M-118.51M-345.31M-1.48B-677.61M-782.42M-882.92M-925.71M-405.68M
Discontinued Operations000000000
Minority Interest000000010.21M9.97M
EPS (Diluted)+-2.08-2.29-6.67-28.01-12.56-12.28-13.40-13.12-1.34
EPS Growth %--0.1%-1.91%-3.2%0.55%0.02%-0.09%0.02%0.9%
EPS (Basic)-2.08-2.29-6.67-28.01-12.56-12.28-13.40-13.12-1.34
Diluted Shares Outstanding51.77M51.77M51.77M52.87M53.98M63.65M65.92M70.57M302.06M
Basic Shares Outstanding51.77M51.77M51.77M52.87M53.98M63.65M65.92M70.57M302.06M
Dividend Payout Ratio---------

Balance Sheet

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+463.7M414.71M990.22M909.11M1.08B1.89B1.64B1.34B1.47B
Cash & Short-Term Investments451.92M398.99M971.49M878.51M1.02B1.71B1.48B1.07B1.24B
Cash Only294.53M14.82M957.09M878.51M1.02B1.71B1.48B1.07B1.24B
Short-Term Investments157.39M384.17M14.4M000000
Accounts Receivable8.31M7.85M5.25M2.53M480K54.13M61.49M163.54M99.07M
Days Sales Outstanding395.52452.96281.6763.5314.07707.86107.02268.936.88
Inventory000003.93M9.45M16.17M6.6M
Days Inventory Outstanding-----431.02156.77193.282.79
Other Current Assets11.22K25.18K6.42M3.95M17.31M59.26M16.6M24.54M24.63M
Total Non-Current Assets+129.64M166.95M239.16M295.94M652M1.05B1.19B1.16B1.14B
Property, Plant & Equipment4.51M25.33M33.99M110.22M477M854.3M650.02M957.23M905.86M
Fixed Asset Turnover1.70x0.25x0.20x0.13x0.03x0.03x0.32x0.23x1.08x
Goodwill24.69M24.69M24.69M24.69M24.69M24.69M24.69M24.69M24.69M
Intangible Assets87.13M80.71M108.53M104.31M97.39M60.41M84.3M85.45M76M
Long-Term Investments1.91M004.62M31.77M27.84M18.53M18.95M33.86M
Other Non-Current Assets13.31M36.22M71.94M52.1M21.13M35.88M361.93M10.05M59M
Total Assets+593.34M581.66M1.23B1.21B1.73B2.94B2.83B2.5B2.62B
Asset Turnover0.01x0.01x0.01x0.01x0.01x0.01x0.07x0.09x0.37x
Asset Growth %--0.02%1.11%-0.02%0.44%0.7%-0.04%-0.12%0.05%
Total Current Liabilities+77.62M79.53M105.27M202.06M276.15M361.11M881.15M934.17M1.17B
Accounts Payable156K3.82M5.08M13.08M23.36M70.86M95.56M72.44M91.97M
Days Payables Outstanding218.16--2.28K4.34K7.77K1.59K865.741.15K
Short-Term Debt0035M85M44.75M39.8M510.31M606.65M769.62M
Deferred Revenue (Current)121.02K6.6K06.6K6.58K01000K1000K1000K
Other Current Liabilities12.46M12.23M24.76M46.9M16.87M58.73M2.82M00
Current Ratio5.97x5.21x9.41x4.50x3.91x5.22x1.86x1.44x1.26x
Quick Ratio5.97x5.21x9.41x4.50x3.91x5.21x1.85x1.42x1.26x
Cash Conversion Cycle------6.63K-1.32K-403.64-1.03K
Total Non-Current Liabilities+530.33M633.93M2.14B112.51M608.27M1.34B1.54B1.5B1.18B
Long-Term Debt0000473.06M1.03B1.27B1.17B868.64M
Capital Lease Obligations472K2.88M4.46M9.21M6.08M8.25M9.14M12.92M20.79M
Deferred Tax Liabilities21.76M20.16M18.56M16.96M15.36M13.75M12.15M10.55M5.37M
Other Non-Current Liabilities499.36M594.93M2.09B51.25M73.57M52.34M35.33M18.3M6.27M
Total Liabilities607.95M713.46M2.24B314.57M884.42M1.71B2.42B2.43B2.34B
Total Debt+830K4.9M42.04M101.41M529.7M1.08B1.79B1.8B1.67B
Net Debt-293.7M-9.92M-915.04M-777.11M-490.28M-622.6M317.09M726.3M431.92M
Debt / Equity---0.11x0.63x0.88x4.39x25.42x6.09x
Debt / EBITDA---------
Net Debt / EBITDA---------
Interest Coverage-35.17x-2.26x-1.36x-136.33x-106.15x-51.99x-16.10x-9.08x-5.74x
Total Equity+-14.61M-131.8M-1.01B890.48M846.62M1.23B408.66M70.63M274.16M
Equity Growth %--8.02%-6.68%1.88%-0.05%0.46%-0.67%-0.83%2.88%
Book Value per Share-0.28-2.55-19.5416.8415.6819.406.201.000.91
Total Shareholders' Equity-14.61M-131.8M-1.01B890.48M846.62M1.23B408.66M60.42M264.19M
Common Stock0063K142K154K178K180K197K214K
Retained Earnings00-615.82M-2.1B-2.77B-3.56B-4.44B-5.37B-5.77B
Treasury Stock00-4K-574-4K-470-26.55M-21.35M-8K
Accumulated OCI0000-509.81M-550.95M-518.51M-504.46M-510.59M
Minority Interest000000010.21M9.97M

Cash Flow

Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-45.89M-107.98M-237.67M-460.31M-609.96M-604.68M-653.91M-726.08M-111.36M
Operating CF Margin %-5.99%-17.06%-34.92%-31.72%-48.99%-21.67%-3.12%-3.27%-0.11%
Operating CF Growth %--1.35%-1.2%-0.94%-0.33%0.01%-0.08%-0.11%0.85%
Net Income-107.84M-120.12M-346.91M-741.16M-675.45M-832.25M-887.17M-932.86M-395.25M
Depreciation & Amortization164.37K12.5M18.46M3.83M27.42M28.33M62.91M93.19M93.17M
Stock-Based Compensation64.99M027.57M70.82M74.03M46.97M22.11M31.5M20.92M
Deferred Taxes000000000
Other Non-Cash Items-6.74M-10.9M36.13M195.06M19.29M227.18M43.82M91.23M58.84M
Working Capital Changes2.15M10.53M27.08M11.14M-55.25M-74.91M104.41M-9.15M110.97M
Change in Receivables-301K556K000-53.97M-388K-91.54M62.75M
Change in Inventory00000-3.93M-5.52M-6.72M9.57M
Change in Payables00000024.7M-23.11M19.52M
Cash from Investing+-152.61M-230.35M292.81M-201.33M-107.37M-466.52M-384.61M21.92M-362.04M
Capital Expenditures-3.29M-20.54M-48.16M-77.46M-249.92M-435.42M-203.29M-46.11M-24.29M
CapEx % of Revenue0.43%3.25%7.08%5.34%20.07%15.6%0.97%0.21%0.02%
Acquisitions---------
Investments---------
Other Investing-155.42M-209.81M-1.29M-143.48M-1.55M-879K-31.32M88.03M-312.23M
Cash from Financing+435.54M58.36M860.16M442.36M1.04B1.78B619.27M368.75M314.77M
Debt Issued (Net)---------
Equity Issued (Net)---------
Dividends Paid000000000
Share Repurchases---------
Other Financing-581K-2.53M-85.45M-39.92M-27.02M-41.97M-49.83M-82.05M-73.83M
Net Change in Cash---------
Free Cash Flow+-49.26M-128.52M-287.13M-541.72M-861.43M-1.04B-890.88M-782.92M-135.65M
FCF Margin %-6.43%-20.31%-42.18%-37.33%-69.19%-37.31%-4.25%-3.53%-0.14%
FCF Growth %--1.61%-1.23%-0.89%-0.59%-0.21%0.14%0.12%0.83%
FCF per Share-0.95-2.48-5.55-10.25-15.96-16.36-13.52-11.09-0.45
FCF Conversion (FCF/Net Income)0.43x0.91x0.69x0.31x0.90x0.77x0.74x0.78x0.27x
Interest Paid49K257K1.89M4.27M5.93M16.81M49.85M92.35M60.56M
Taxes Paid000000000

Key Ratios

Metric201620172018201920202021202220232024
Return on Equity (ROE)----166.28%-78.02%-75.18%-107.45%-386.25%-235.17%
Return on Invested Capital (ROIC)----385.48%-212.03%-134.72%-95.28%-85.96%-36.9%
Gross Margin96.6%100%100%85.56%84.21%88.08%89.51%86.24%97.03%
Net Margin-1406.53%-1872.85%-5072.82%-10202.67%-5442.62%-2803.38%-421.02%-416.98%-41.34%
Debt / Equity---0.11x0.63x0.88x4.39x25.42x6.09x
Interest Coverage-35.17x-2.26x-1.36x-136.33x-106.15x-51.99x-16.10x-9.08x-5.74x
FCF Conversion0.43x0.91x0.69x0.31x0.90x0.77x0.74x0.78x0.27x
Revenue Growth--17.46%7.57%113.21%-14.21%124.18%651.38%5.85%341.77%

Frequently Asked Questions

Growth & Financials

ASCENTAGE PHARMA GROUP INTERNATIONAL (AAPG) reported $1.29B in revenue for fiscal year 2024. This represents a 16773% increase from $7.7M in 2016.

ASCENTAGE PHARMA GROUP INTERNATIONAL (AAPG) grew revenue by 341.8% over the past year. This is strong growth.

ASCENTAGE PHARMA GROUP INTERNATIONAL (AAPG) reported a net loss of $1.52B for fiscal year 2024.

Dividend & Returns

ASCENTAGE PHARMA GROUP INTERNATIONAL (AAPG) has a return on equity (ROE) of -235.2%. Negative ROE indicates the company is unprofitable.

ASCENTAGE PHARMA GROUP INTERNATIONAL (AAPG) had negative free cash flow of $505.4M in fiscal year 2024, likely due to heavy capital investments.

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