Stocks Health care ANL
NASDAQ · Health careAdlai Nortye Ltd. (ANL)
It posted a net loss of $51.9M. In fiscal 2024 capital spending exceeded operating cash flow by $52M. At December 31, 2024 it held $60.9M in cash against $26.3M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 10, 2026.
Key facts about Adlai Nortye Ltd.
- Net worth
- Adlai Nortye Ltd. has a market value (market cap) of $623.7M at the latest share price, and shareholders' equity of $25.5M on its balance sheet at December 31, 2024. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2023 revenue was $5M (-89.1% year on year), with a net loss of $109.2M.
- Cash flow
- In fiscal 2024 operations used $51.8M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on April 10, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Adlai Nortye Ltd. does
Adlai Nortye Ltd. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker ANL.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2024 | n/a | -$51.9M | -$0.54 | -$52M |
| 2023 | $5M | -$109.2M | -$2.52 | -$56.9M |
| 2023 | n/a | -$58.8M | -$2.31 | -$44.5M |
| 2021 | $45.7M | -$56.7M | -$2.23 | -$4.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Latest SEC filings
What Adlai Nortye Ltd. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 28, 2026
- October 15, 2026
- September 30, 2026
- September 30, 2026
- September 11, 2026Form S-8 POS filing S-8 POS
- September 11, 2026Form S-8 POS filing S-8 POS
- September 11, 2026Form POS AM filing POS AM
- September 8, 2026
- August 26, 2026
- August 19, 2026
Insider trades
What the people running Adlai Nortye Ltd. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $411.1K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 30, 2026 | Ji PingDirector | Sold | 5,000 | $80.2K |
| September 30, 2026 | Ji PingDirector | Sold | 5,000 | $79.8K |
| September 29, 2026 | Ji PingDirector | Sold | 214 | $3.4K |
| September 22, 2026 | Ji PingDirector | Sold | 5,000 | $83.2K |
| August 26, 2026 | Ye XiaofengCFO | Sold | 5,667 | $80.8K |
| August 24, 2026 | Ye XiaofengCFO | Sold | 6,000 | $83.9K |
| June 10, 2026 | Ji PingDirector | Other change | 136,667 | - |
| May 13, 2026 | Lu YangCEO, Director, 10% owner | Sold | 10 | $131.8 |
Who owns ANL
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| ANL Talent Limited13G, passive | 7.75% | January 16, 2026 |
| Cormorant Asset Management, LP13G, passive with 1 related filers | 6.77% | August 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 42 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Cormorant Asset Management, LP | 3,978,229 | +1,080,372 |
| Venrock Adviser, LLC | 3,212,731 | 0 |
| Balyasny Asset Management L.P. | 3,061,668 | +2,183,822 |
| Point72 Asset Management, L.P. | 2,140,664 | new |
| Mpm Bioimpact LLC | 1,936,291 | new |
| Perceptive Advisors LLC | 1,793,190 | new |
| Casdin Capital, LLC | 1,250,000 | +711,539 |
| ADAR1 Capital Management, LLC | 1,017,805 | +899,896 |
| Octagon Capital Advisors LP | 934,716 | new |
| Millennium Management LLC | 807,832 | +126,057 |
| Braidwell LP | 795,214 | new |
| Squadron Capital Management LLC | 764,876 | -500,355 |
| Eventide Asset Management, LLC | 718,747 | new |
| Superstring Capital Management LP | 552,501 | +137,649 |
| Adage Capital Partners GP, L.L.C. | 538,461 | 0 |
| Woodline Partners LP | 455,733 | +246,474 |
| Soleus Capital Management, L.P. | 405,523 | new |
| Freestone Grove Partners LP | 397,446 | new |
| Boone Capital Management LLC | 258,390 | new |
| DAFNA Capital Management LLC | 239,553 | new |
Insiders
3 insiders reported holding 369,200 shares in total, about $3.6M at the last price.
| Holder | Shares |
|---|---|
| Ye XiaofengCFO | 147,757 |
| Ji PingDirector | 121,453 |
| Lu YangCEO, Director, 10% owner | 99,990 |
Questions about ANL
What does Adlai Nortye Ltd. do?
Adlai Nortye Ltd. is a company in the Health care sector, listed on NASDAQ as ANL. Its shares trade on NASDAQ under the ticker ANL.
What is Adlai Nortye Ltd.'s net worth?
Adlai Nortye Ltd. has a market value (market cap) of $623.7M at the latest share price, and shareholders' equity of $25.5M on its balance sheet at December 31, 2024. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Adlai Nortye Ltd. profitable?
No. In fiscal 2024 it reported a net loss of $51.9M.
When did Adlai Nortye Ltd. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 10, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from October 28, 2026.
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Where the numbers come from
Financial figures are the values Adlai Nortye Ltd. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.