Financial Snapshot

Revenue
$24.12M
TTM
Gross Margin
Net Earnings
-$81.12M
TTM
Current Assets
$115.9M
Q2 2024
Current Liabilities
$9.624M
Q2 2024
Current Ratio
1204.26%
Q2 2024
Total Assets
$120.6M
Q2 2024
Total Liabilities
$10.09M
Q2 2024
Book Value
$110.5M
Q2 2024
Cash
$79.09M
Q2 2024
P/E
-0.7629
Nov 29, 2024 EST
Free Cash Flow
-$56.63M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $14.52M $139.4M $122.5M $47.72M $9.710M $7.180M
YoY Change -89.59% 13.88% 156.6% 391.45% 35.24%
% of Gross Profit
Research & Development $51.91M $93.65M $518.0M $150.9M $106.4M $59.28M
YoY Change -44.56% -81.92% 243.21% 41.84% 79.5%
% of Gross Profit
Depreciation & Amortization $988.0K $6.940M $4.080M $1.450M $790.0K $630.0K
YoY Change -85.76% 70.1% 181.38% 83.54% 25.4%
% of Gross Profit
Operating Expenses $64.94M $93.65M $518.0M $150.9M $112.5M $65.48M
YoY Change -30.65% -81.92% 243.21% 34.17% 71.79%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $5.561M $144.0K $114.0K $117.0K $3.260M -$5.390M
YoY Change 3761.81% 26.32% -2.56% -96.41% -160.48%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00 -$674.3M -$579.3M -$59.40M -$23.01M
YoY Change -100.0% 16.4% 875.24% 158.15%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$59.38M -$795.0M -$1.305B -$779.2M -$168.6M -$93.88M
YoY Change -92.53% -39.08% 67.49% 362.09% 79.62%
Income Tax $120.0K $2.040M $1.700M $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$59.50M -$797.1M -$1.307B -$779.2M -$168.6M -$76.97M
YoY Change -92.53% -39.01% 67.71% 362.09% 119.09%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$1.08 -$13.87 -$22.73 -$13.96 -$3.02 -$1.38

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $118.7M $1.062B $1.707B $1.023B $339.6M $429.2M
YoY Change -88.82% -37.81% 66.84% 201.27% -20.88%
Cash & Equivalents $95.24M $196.9M $60.90M $34.30M $5.900M $6.900M
Short-Term Investments $12.65M $511.3M $0.00 $13.10M $30.60M $27.60M
Other Short-Term Assets $2.318M $23.40M $47.20M $33.60M $23.30M $16.20M
YoY Change -90.09% -50.42% 40.48% 44.21% 43.83%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $121.0M $1.085B $1.754B $1.057B $362.8M $445.7M
YoY Change -88.85% -38.15% 65.98% 191.29% -18.6%
Property, Plant & Equipment $4.727M $59.00M $82.20M $7.900M $3.400M $3.100M
YoY Change -91.99% -28.22% 940.51% 132.35% 9.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $65.70M
YoY Change -100.0%
Other Assets $24.00K $600.0K $800.0K $9.600M $0.00
YoY Change -96.0% -25.0% -91.67%
Total Long-Term Assets $4.921M $127.0M $101.6M $28.10M $9.800M $7.900M
YoY Change -96.13% 25.0% 261.57% 186.73% 24.05%
Total Assets $125.9M $1.212B $1.856B $1.085B $372.6M $453.6M
YoY Change
Accounts Payable $7.660M $83.10M $81.20M $24.60M $22.80M $3.400M
YoY Change -90.78% 2.34% 230.08% 7.89% 570.59%
Accrued Expenses $2.561M $20.70M $13.70M $12.20M $4.000M $2.500M
YoY Change -87.63% 51.09% 12.3% 205.0% 60.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $285.0K $1.300M $600.0K $600.0K $400.0K $400.0K
YoY Change -78.08% 116.67% 0.0% 50.0% 0.0%
Total Short-Term Liabilities $24.26M $108.8M $114.7M $38.00M $27.40M $6.300M
YoY Change -77.7% -5.14% 201.84% 38.69% 334.92%
Long-Term Debt $180.0K $1.700M $200.0K $2.072B $643.5M $574.4M
YoY Change -89.41% 750.0% -99.99% 221.96% 12.03%
Other Long-Term Liabilities $405.0K $4.500M $5.000M
YoY Change -91.0% -10.0%
Total Long-Term Liabilities $585.0K $6.200M $5.200M $2.072B $643.5M $574.4M
YoY Change -90.56% 19.23% -99.75% 221.96% 12.03%
Total Liabilities $24.85M $115.1M $119.8M $2.110B $670.9M $580.7M
YoY Change -78.41% -3.92% -94.32% 214.47% 15.53%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $61.885 Million

About Connect Biopharma Holdings Ltd

Connect Biopharma Holdings Ltd. engages in the development of therapies for the treatment of T cell-driven inflammatory diseases. The company is headquartered in San Diego, California and currently employs 81 full-time employees. The company went IPO on 2021-03-19. The company is building a pipeline of proprietary small molecules and antibodies, using functional T cell assays, to screen and discover potent product candidates against validated immune targets. Its lead product candidate, rademikibart, is an antibody designed to target interleukin-4 receptor alpha (IL-4Rα) in development for the treatment of atopic dermatitis (AD) and asthma. As an inhibitor of IL-4Rα, rademikibart blocks inflammatory signaling by both IL-4 and IL-13. Its second product candidate, icanbelimod, is a modulator of S1P1 T cell receptors and is in development for the treatment of ulcerative colitis (UC). Icanbelimod is an orally available, small molecule modulator of S1P1 that is designed to reduce inflammation without killing T cells.

Industry: Pharmaceutical Preparations Peers: Adagene Inc. Fresh2 Group Ltd Burning Rock Biotech Ltd Genetron Holdings Ltd Gracell Biotechnologies Inc. I-Mab