Financial Snapshot

Revenue
-$174.3M
TTM
Gross Margin
82.49%
TTM
Net Earnings
-$4.650B
TTM
Current Assets
$2.337B
Q4 2023
Current Liabilities
$411.8M
Q4 2023
Current Ratio
567.41%
Q4 2023
Total Assets
$2.613B
Q4 2023
Total Liabilities
$894.8M
Q4 2023
Book Value
$1.718B
Q4 2023
Cash
$2.141B
Q4 2023
P/E
-0.01805
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $27.64M -$221.6M $88.03M $1.543B $30.00M $53.80M $11.60M
YoY Change -112.48% -351.7% -94.29% 5042.33% -44.24% 363.79%

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 2017
Revenue $27.64M -$221.6M $88.03M $1.543B $30.00M $53.80M $11.60M
Cost Of Revenue $0.00 $27.24M $46.43M
Gross Profit $27.64M -$248.8M $41.59M
Gross Profit Margin 100.0% 47.25%

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 2017
Selling, General & Admin $453.0M $720.3M $899.9M $402.4M $654.6M $66.40M $25.40M
YoY Change -37.1% -19.96% 123.64% -38.53% 885.84% 161.42%
% of Gross Profit 1638.75% 2163.64%
Research & Development $810.6M $904.9M $1.213B $984.7M $840.4M $426.0M $267.1M
YoY Change -10.42% -25.4% 23.18% 17.17% 97.28% 59.49%
% of Gross Profit 2932.45% 2916.19%
Depreciation & Amortization $3.400M $3.700M $14.55M $14.30M $9.800M $6.700M $1.600M
YoY Change -8.11% -74.58% 1.78% 45.92% 46.27% 318.75%
% of Gross Profit 12.3% 34.99%
Operating Expenses $1.264B $1.625B $2.113B $1.387B $1.495B $492.4M $292.5M
YoY Change -22.24% -23.08% 52.33% -7.22% 203.61% 68.34%
Operating Profit -$1.236B -$1.874B -$2.071B
YoY Change -34.04% -9.53%

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 2017
Interest Expense -$28.99M -$410.6M -$274.2M -$93.10M $35.60M $68.70M -$16.70M
YoY Change -92.94% 49.74% 194.51% -361.52% -48.18% -511.38%
% of Operating Profit
Other Income/Expense, Net -$38.11M -$126.6M $10.80M $13.10M $500.0K -$31.10M -$600.0K
YoY Change -69.9% -1271.99% -17.55% 2520.0% -101.61% 5083.33%

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 2017
Pretax Income -$1.466B -$2.411B -$2.335B $483.1M -$1.452B -$401.1M -$298.2M
YoY Change -39.21% 3.27% -583.27% -133.27% 262.0% 34.51%
Income Tax $0.00 $697.0K -$3.154M $12.20M $0.00 $1.700M $0.00
% Of Pretax Income 2.53%
Net Earnings -$1.466B -$2.412B -$2.332B $470.9M -$1.452B -$402.8M -$298.2M
YoY Change -39.23% 3.44% -595.12% -132.43% 260.48% 35.08%
Net Earnings / Revenue -5302.03% -2648.7% 30.52% -4840.0% -748.7% -2570.69%
Basic Earnings Per Share -$1.08 -$1.92 -$13.35 $3.51
Diluted Earnings Per Share -$7.19 -$12.71 -$13.35M $2.996M -$11.07M -$3.070M -$2.273M

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 2017
Cash & Short-Term Investments $2.285B $3.449B $4.277B $4.790B $1.170B $1.804B $574.2M
YoY Change -33.77% -19.35% -10.72% 309.6% -35.16% 214.14%
Cash & Equivalents $2.141B $3.214B $3.524B $4.759B $1.138B $1.588B $307.9M
Short-Term Investments $143.2M $235.4M $753.2M $31.50M $32.00M $215.6M $266.2M
Other Short-Term Assets $52.00M $177.0M $101.2M $110.4M $162.3M $175.9M $113.7M
YoY Change -70.63% 74.86% -8.29% -31.98% -7.73% 54.71%
Inventory $0.00 $27.24M
Prepaid Expenses
Receivables $0.00 $286.9M $357.9M $0.00 $51.40M $0.00
Other Receivables $0.00 $89.58M $85.10M $29.50M $5.700M $3.800M
Total Short-Term Assets $2.337B $3.626B $4.782B $5.344B $1.361B $2.037B $691.6M
YoY Change -35.57% -24.16% -10.52% 292.54% -33.17% 194.52%
Property, Plant & Equipment $82.91M $124.0M $158.5M $40.30M $46.50M $27.70M $22.30M
YoY Change -33.12% -21.79% 293.29% -13.33% 67.87% 24.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $12.08M $30.85M $352.1M $664.8M
YoY Change -60.84% -91.24% -47.04%
Other Assets $63.20M $10.91M $26.63M $2.000M $18.30M
YoY Change 479.19% -59.03% 1231.7% -89.07%
Total Long-Term Assets $276.3M $447.2M $819.5M $990.1M $376.3M $339.0M $333.7M
YoY Change -38.21% -45.43% -17.23% 163.11% 11.0% 1.59%
Total Assets $2.613B $4.074B $5.601B $6.334B $1.738B $2.376B $1.025B
YoY Change
Accounts Payable $357.8M $608.1M $57.38M
YoY Change -41.17% 959.84%
Accrued Expenses $21.89M $23.96M $564.3M $566.2M $264.2M $67.70M $12.20M
YoY Change -8.64% -95.75% -0.34% 114.31% 290.25% 454.92%
Deferred Revenue
YoY Change
Short-Term Debt $29.97M $18.96M $0.00 $0.00 $50.00M $80.00M $99.00M
YoY Change 58.1% -100.0% -37.5% -19.19%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $411.8M $659.7M $624.0M $576.1M $588.5M $346.2M $195.1M
YoY Change -37.58% 5.73% 8.32% -2.11% 69.99% 77.45%
Long-Term Debt $0.00 $0.00 $0.00 $68.20M $67.00M $114.0M
YoY Change -100.0% 1.79% -41.23%
Other Long-Term Liabilities $483.0M $405.6M $417.6M $130.5M $11.40M $2.500M $0.00
YoY Change 19.08% -2.88% 220.02% 1044.74% 356.0%
Total Long-Term Liabilities $483.0M $405.6M $417.6M $130.5M $79.60M $69.50M $114.0M
YoY Change 19.08% -2.88% 220.02% 63.94% 14.53% -39.04%
Total Liabilities $894.8M $1.065B $1.042B $706.6M $668.1M $415.7M $614.9M
YoY Change -16.01% 2.28% 47.42% 5.76% 60.72% -32.4%

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 2017
Basic Shares Outstanding 191.4M 189.8M 174.7M 134.2M
Diluted Shares Outstanding 191.4M 189.8M 174.7M 157.2M
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: $83.955 Million

About I-Mab

I-Mab operates as a clinical stage biopharmaceutical company, which engages in the development and commercialization of novel or differentiated biologics to treat diseases with unmet medical needs, particularly cancers and autoimmune disorders. The company is headquartered in Rockville, Maryland and currently employs 220 full-time employees. The company went IPO on 2020-01-17. The firm is focused on the development and potential commercialization of highly differentiated immunotherapies for the treatment of cancer. Its pipeline strategy is to build a risk-controlled clinical-stage pipeline with a focus on novel or highly differentiated biologics. The Company’s pipeline includes Uliledlimab (TJD5), Givastomig (TJ-CD4B), and Ragistomig (TJ-L14B). Uliledlimab (TJD5) is a differentiated, humanized antibody against CD73, an ecto-enzyme expressed on stromal cells and tumors that converts extracellular adenosine monophosphate (AMP) to adenosine. Uliledlimab offers clinical benefit by suppressing tumor growth in concert with checkpoint therapies such as PD-(L)1 antibodies. Givastomig is designed as a bispecific antibody to target Claudin 18.2-positive tumor cells, with conditional activation of pro-immune 4-1BB in the tumor microenvironment. Ragistomig is designed as a bispecific antibody to address PD-L1 resistant tumors.

Industry: Pharmaceutical Preparations Peers: Burning Rock Biotech Ltd Genetron Holdings Ltd Gracell Biotechnologies Inc. SINOVAC BIOTECH LTD