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ASCENTAGE PHARMA GROUP INTERNATIONAL financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data ASCENTAGE PHARMA GROUP INTERNATIONAL files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2024
Revenue134
Cost of revenue3.98
Gross profit130
Research and development130
Selling and marketing26.9
General and administrative25.6
Interest expense8.83
Pre-tax income-54.1
Income tax1.43
Net income to minority interests-0.03
Net income-55.5
EPS, basic-0.18
EPS, diluted-0.18

Balance sheet

FY2024
Cash and equivalents122
Receivables11.4
Inventory0.9
Total current assets202
Property, plant and equipment116
Lease right-of-use assets7.69
Goodwill3.38
Accounts payable12.6
Short-term debt107
Total current liabilities160
Lease liabilities2.85
Total liabilities321
Total debt229
Paid-in capital897
Shareholders' equity36.2
Minority interests1.37
Total equity37.6
Total liabilities and equity359

Cash flow statement

FY2024
Net income-55.6
Cash from operations-15.3
Capital expenditures-3.33
Cash from investing-49.6
Debt issued73.4
Debt repaid-92.2
Stock issued73.1
Cash from financing43.1
Exchange rate effect1.88
Net change in cash-21.7
Free cash flow-18.6

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $14.86 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin97.0%Gross profit / revenue.
Pre-tax margin-40.3%Pre-tax income / revenue.
Net margin-41.3%Net income / revenue.
FCF margin-13.8%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-11.4%Cash from operations / revenue.
Return on equity (ROE)-153.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
R&D / revenue96.6%Research and development expense / revenue.
Capex / revenue2.5%Capital expenditures / revenue.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.26xCurrent assets / current liabilities.
Quick ratio0.84x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.77x(Cash + short-term investments) / current liabilities.
Debt / equity6.32xTotal debt / shareholders' equity. Not shown when equity is negative.
Net debt$106.2MTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital$42.1MCurrent assets - current liabilities.
Tangible book value$32.8MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Fixed asset turnover1.15xRevenue / average property, plant and equipment.
Inventory turnover4.41xCost of revenue / average inventory.
Days inventory83 days365 x average inventory / cost of revenue.
Receivables turnover11.8xRevenue / average receivables.
Days sales outstanding31 days365 x average receivables / revenue.
Days payables1,154 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-1,041 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.18Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$0.18Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$1.39BShare price x shares outstanding.
Enterprise value$1.49BMarket cap + total debt - cash - short-term investments.
P/S10.3xMarket cap / revenue.
P/B38.3xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book42.3xMarket cap / tangible book value, when positive.
EV/Sales11.1xEnterprise value / revenue.
FCF yield-1.3%Free cash flow / market cap.
Earnings yield-4.0%Net income / market cap (the inverse of P/E).
What was ASCENTAGE PHARMA GROUP INTERNATIONAL's revenue in fiscal 2024?

ASCENTAGE PHARMA GROUP INTERNATIONAL reported revenue of $134.3M for fiscal 2024.

Was ASCENTAGE PHARMA GROUP INTERNATIONAL profitable in fiscal 2024?

No. It reported a net loss of $55.5M.

How much free cash flow did ASCENTAGE PHARMA GROUP INTERNATIONAL generate in fiscal 2024?

Cash from operations of $15.3M minus capital expenditures of $3.3M left free cash flow of -$18.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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