2021 Q1 Form 10-Q Financial Statement

#000165130821000086 Filed on May 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $605.9M $52.06M
YoY Change 1063.82% -33.11%
Cost Of Revenue $32.69M $14.15M
YoY Change 131.01% -7.29%
Gross Profit $573.2M $37.91M
YoY Change 1411.97% -39.41%
Gross Profit Margin 94.61% 72.82%
Selling, General & Admin $182.1M $107.1M
YoY Change 70.06% 85.76%
% of Gross Profit 31.77% 282.46%
Research & Development $320.7M $304.3M
YoY Change 5.4% 70.62%
% of Gross Profit 55.95% 802.7%
Depreciation & Amortization $9.632M $7.750M
YoY Change 24.28% 126.87%
% of Gross Profit 1.68% 20.44%
Operating Expenses $502.8M $411.4M
YoY Change 22.23% 74.32%
Operating Profit $70.17M -$373.8M
YoY Change -118.77% 115.11%
Interest Expense -$68.00M
YoY Change
% of Operating Profit -96.91%
Other Income/Expense, Net -$4.123M $3.681M
YoY Change -212.01% 113.02%
Pretax Income $61.87M -$363.4M
YoY Change -117.02% 116.88%
Income Tax -$4.630M $1.554M
% Of Pretax Income -7.48%
Net Earnings $66.50M -$363.7M
YoY Change -118.28% 116.97%
Net Earnings / Revenue 10.98% -698.7%
Basic Earnings Per Share $0.06 -$0.36
Diluted Earnings Per Share $0.05 -$0.36
COMMON SHARES
Basic Shares Outstanding 1.189B shares 1.005B shares
Diluted Shares Outstanding 1.257B shares 1.005B shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.812B $3.374B
YoY Change 42.62%
Cash & Equivalents $1.902B $1.957B
Short-Term Investments $2.910B $1.417B
Other Short-Term Assets
YoY Change
Inventory $72.97M $28.78M
Prepaid Expenses
Receivables $84.01M $65.62M
Other Receivables $2.974M $6.414M
Total Short-Term Assets $5.141B $3.595B
YoY Change 43.0% 100.1%
LONG-TERM ASSETS
Property, Plant & Equipment $373.9M $240.3M
YoY Change 55.6% 21.5%
Goodwill $109.0K $109.0K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $127.8M $94.25M
YoY Change 35.62% 60.82%
Total Long-Term Assets $680.0M $472.0M
YoY Change 44.07% 25.71%
TOTAL ASSETS
Total Short-Term Assets $5.141B $3.595B
Total Long-Term Assets $680.0M $472.0M
Total Assets $5.821B $4.067B
YoY Change 43.12% 87.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $146.9M $98.36M
YoY Change 49.37% -6.6%
Accrued Expenses $312.1M $179.3M
YoY Change 74.05% 80.19%
Deferred Revenue $71.65M
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due 2.654B CNies $11.30M
YoY Change 23388.84% 26.38%
Total Short-Term Liabilities $1.113B $451.8M
YoY Change 146.25% 89.19%
LONG-TERM LIABILITIES
Long-Term Debt 1.265B CNies $81.91M
YoY Change 1443.85% 5.72%
Other Long-Term Liabilities $55.32M $45.31M
YoY Change 22.11% -5.46%
Total Long-Term Liabilities $704.9M $788.4M
YoY Change -10.59% 153.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.113B $451.8M
Total Long-Term Liabilities $704.9M $788.4M
Total Liabilities $1.817B $1.240B
YoY Change 46.55% 125.67%
SHAREHOLDERS EQUITY
Retained Earnings -$3.486B -$2.320B
YoY Change 50.3% 97.44%
Common Stock $119.0K $101.0K
YoY Change 17.82% 29.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.004B $2.812B
YoY Change
Total Liabilities & Shareholders Equity $5.821B $4.067B
YoY Change 43.12% 87.24%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $66.50M -$363.7M
YoY Change -118.28% 116.97%
Depreciation, Depletion And Amortization $9.632M $7.750M
YoY Change 24.28% 126.87%
Cash From Operating Activities $125.1M -$341.9M
YoY Change -136.58% 98.83%
INVESTING ACTIVITIES
Capital Expenditures $42.39M $21.53M
YoY Change 96.86% -1.35%
Acquisitions
YoY Change
Other Investing Activities $1.419B
YoY Change
Cash From Investing Activities $291.9M -$1.115B
YoY Change -126.18% -746.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $2.162B
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $107.4M $2.802B
YoY Change -96.17% 6422.13%
NET CHANGE
Cash From Operating Activities $125.1M -$341.9M
Cash From Investing Activities $291.9M -$1.115B
Cash From Financing Activities $107.4M $2.802B
Net Change In Cash $520.4M $1.339B
YoY Change -61.14% 2708.98%
FREE CASH FLOW
Cash From Operating Activities $125.1M -$341.9M
Capital Expenditures $42.39M $21.53M
Free Cash Flow $82.71M -$363.5M
YoY Change -122.75% 87.55%

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AmortizationofResearchAndDevelopmentFinancingLiability
-26930000 USD
CY2020Q1 bgne Amortizationof Research And Development Financing Liability
AmortizationofResearchAndDevelopmentFinancingLiability
-27634000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
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-16319000 USD
CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
222000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
11453000 USD
CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
36075000 USD
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
6495000 USD
CY2020Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
2710000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-73178000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-21450000 USD
CY2021Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-34010000 USD
CY2020Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
15775000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
7149000 USD
CY2020Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
6080000 USD
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
150245000 USD
CY2020Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
0 USD
CY2021Q1 bgne Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
1215000 USD
CY2020Q1 bgne Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
1927000 USD
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-910000 USD
CY2020Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1256000 USD
CY2021Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
10664000 USD
CY2020Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2021Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
71001000 USD
CY2020Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
11298000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
25754000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
11629000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
107419000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2802168000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4061000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-6212000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
125095000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-341944000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
42389000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21533000 USD
CY2021Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
764163000 USD
CY2020Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1307179000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1107000000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
256743000 USD
CY2021Q1 bgne Payments To Purchase In Process Research And Development
PaymentsToPurchaseInProcessResearchAndDevelopment
8500000 USD
CY2020Q1 bgne Payments To Purchase In Process Research And Development
PaymentsToPurchaseInProcessResearchAndDevelopment
43000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
291948000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1114969000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2162407000 USD
CY2021Q1 bgne Proceeds From Research And Development Financing Liability
ProceedsFromResearchAndDevelopmentFinancingLiability
0 USD
CY2020Q1 bgne Proceeds From Research And Development Financing Liability
ProceedsFromResearchAndDevelopmentFinancingLiability
616834000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
520401000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1339043000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1390005000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
620775000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1910406000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1959818000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1901819000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1957101000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
305000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
282000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
8282000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2435000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
478000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
531000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
6927000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
1136000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
30906000 USD
CY2020Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
26412000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3869243000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
25754000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
45833000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3738000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
66495000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4003587000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
978355000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
11629000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
38255000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1349000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-364939000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2827056000 USD
CY2021Q1 bgne Number Of Molecules
NumberOfMolecules
10 molecule
CY2021Q1 bgne Number Of Persons
NumberOfPersons
1600 people
CY2021Q1 bgne Product Candidate
ProductCandidate
3 product
CY2021Q1 bgne Products In Commercial Or Clinical Development
ProductsInCommercialORClinicalDevelopment
45 product
CY2021Q1 dei Entity Number Of Employees
EntityNumberOfEmployees
6000 employee
CY2021Q1 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
16 country
CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Areas where management uses subjective judgment include, but are not limited to, estimating the useful lives of long-lived assets, estimating variable consideration in product sales and collaboration revenue arrangements, identifying separate accounting units and determining the standalone selling price of each performance obligation in the Company’s revenue arrangements, estimating the fair value of net assets acquired in business combinations, assessing the impairment of long-lived assets, valuation and recognition of share-based compensation expenses, realizability of deferred tax assets, estimating uncertain tax positions, valuation of inventory, estimating the allowance for credit losses, determining defined benefit pension plan obligations, measurement of right-of-use assets and lease liabilities and the fair value of financial instruments. Management bases the estimates on historical experience, known trends and various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ from these estimates.</span></div>
CY2021Q1 bgne Reimbursement Expense
ReimbursementExpense
6248000 USD
CY2020Q1 bgne Reimbursement Expense
ReimbursementExpense
0 USD
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
8587000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
8055000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2910074000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
398000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
2910472000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
3267875000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
850000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
3268725000 USD
CY2021Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
18702000 USD
CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
9705000 USD
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
26894000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
19330000 USD
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
9504000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1378000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
36576000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
68585000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
72974000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
89293000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
387004000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
345261000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
83829000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
73354000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
373949000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
357686000 USD
CY2021Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
70774000 USD
CY2020Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
85779000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
9444000 USD
CY2020Q1 us-gaap Depreciation
Depreciation
7467000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4630000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8316000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3503000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4813000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8316000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3316000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5000000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
188000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
283000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
563000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
750000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
750000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
750000 USD
CY2021Q1 bgne Finite Lived Intangible Asset Expected Amortization After Year Three
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearThree
2000000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1554000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7727000 USD
CY2021Q1 bgne Unrecognized Tax Benefits Increase Resulting From Tax Credit And Incentives
UnrecognizedTaxBenefitsIncreaseResultingFromTaxCreditAndIncentives
604000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
112000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2021Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
48000 USD
CY2020Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2022000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 USD
CY2021Q1 bgne Accounts Receivable Allowance For Credit Loss Exchange Rate Changes
AccountsReceivableAllowanceForCreditLossExchangeRateChanges
1000 USD
CY2020Q1 bgne Accounts Receivable Allowance For Credit Loss Exchange Rate Changes
AccountsReceivableAllowanceForCreditLossExchangeRateChanges
0 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
161000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2022000 USD
CY2021Q1 bgne Prepaid Research And Development Costs
PrepaidResearchAndDevelopmentCosts
69382000 USD
CY2020Q4 bgne Prepaid Research And Development Costs
PrepaidResearchAndDevelopmentCosts
71341000 USD
CY2021Q1 us-gaap Prepaid Taxes
PrepaidTaxes
30299000 USD
CY2020Q4 us-gaap Prepaid Taxes
PrepaidTaxes
30392000 USD
CY2021Q1 bgne Payroll Tax Receivable Current
PayrollTaxReceivableCurrent
6120000 USD
CY2020Q4 bgne Payroll Tax Receivable Current
PayrollTaxReceivableCurrent
3580000 USD
CY2021Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
2974000 USD
CY2020Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
4464000 USD
CY2021Q1 us-gaap Interest Receivable Current
InterestReceivableCurrent
6284000 USD
CY2020Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
6619000 USD
CY2021Q1 us-gaap Prepaid Insurance
PrepaidInsurance
10459000 USD
CY2020Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1347000 USD
CY2021Q1 bgne Prepaid Manufacturing Costs
PrepaidManufacturingCosts
23238000 USD
CY2020Q4 bgne Prepaid Manufacturing Costs
PrepaidManufacturingCosts
25996000 USD
CY2021Q1 us-gaap Prepaid Advertising
PrepaidAdvertising
4004000 USD
CY2020Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
0 USD
CY2021Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4540000 USD
CY2020Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4607000 USD
CY2021Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
14099000 USD
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
11666000 USD
CY2021Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
171399000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
160012000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
109000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
109000 USD
CY2021Q1 bgne Prepayment Of Long Term Asset
PrepaymentOfLongTermAsset
22584000 USD
CY2020Q4 bgne Prepayment Of Long Term Asset
PrepaymentOfLongTermAsset
16984000 USD
CY2021Q1 bgne Prepaid Construction Cost
PrepaidConstructionCost
25652000 USD
CY2020Q4 bgne Prepaid Construction Cost
PrepaidConstructionCost
29778000 USD
CY2021Q1 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
16781000 USD
CY2020Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
10913000 USD
CY2021Q1 bgne Rental Deposits And Other
RentalDepositsAndOther
6983000 USD
CY2020Q4 bgne Rental Deposits And Other
RentalDepositsAndOther
5962000 USD
CY2021Q1 us-gaap Long Term Investments
LongTermInvestments
55711000 USD
CY2020Q4 us-gaap Long Term Investments
LongTermInvestments
49344000 USD
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
127820000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
113090000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
49056000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
106765000 USD
CY2021Q1 bgne Accrued Liabilities External Research And Development
AccruedLiabilitiesExternalResearchAndDevelopment
126228000 USD
CY2020Q4 bgne Accrued Liabilities External Research And Development
AccruedLiabilitiesExternalResearchAndDevelopment
143302000 USD
CY2021Q1 bgne Accrued Expenses Commercial Activities
AccruedExpensesCommercialActivities
63219000 USD
CY2020Q4 bgne Accrued Expenses Commercial Activities
AccruedExpensesCommercialActivities
66131000 USD
CY2021Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
19762000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
14373000 USD
CY2021Q1 bgne Accrued Sales Rebates And Returns Current
AccruedSalesRebatesAndReturnsCurrent
45665000 USD
CY2020Q4 bgne Accrued Sales Rebates And Returns Current
AccruedSalesRebatesAndReturnsCurrent
11874000 USD
CY2021Q1 bgne Accrued Professional Fees And Other Current
AccruedProfessionalFeesAndOtherCurrent
8204000 USD
CY2020Q4 bgne Accrued Professional Fees And Other Current
AccruedProfessionalFeesAndOtherCurrent
3699000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
312134000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
346144000 USD
CY2021Q1 bgne Government Grants Or Incentives Received And Deferred Noncurrent
GovernmentGrantsOrIncentivesReceivedAndDeferredNoncurrent
47528000 USD
CY2020Q4 bgne Government Grants Or Incentives Received And Deferred Noncurrent
GovernmentGrantsOrIncentivesReceivedAndDeferredNoncurrent
49139000 USD
CY2021Q1 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
7616000 USD
CY2020Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
8113000 USD
CY2021Q1 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
176000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
177000 USD
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
55320000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
57429000 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
405045000 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
2653769000 CNY
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
335015000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2185928000 CNY
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
193017000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1264611000 CNY
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
183637000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1198206000 CNY
CY2021Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
6950000 USD
CY2020Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
4291000 USD
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
104000 USD
CY2020Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
66000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
66495000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-364939000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1204000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
66495000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-363735000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1188943726 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1005347581 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
68545945 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1257489671 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1005347581 shares
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
45833000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
38255000 USD
CY2021Q1 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
141159000 USD
CY2021Q1 bgne Restricted Net Assets Minimum Required Statutory Reserve Of Annual After Tax Profit Percentage
RestrictedNetAssetsMinimumRequiredStatutoryReserveOfAnnualAfterTaxProfitPercentage
0.10
CY2021Q1 bgne Restricted Net Assets Required Statutory Reserve As Percentage Of Registered Capital
RestrictedNetAssetsRequiredStatutoryReserveAsPercentageOfRegisteredCapital
0.50
CY2021Q1 bgne Restricted Net Assets Minimum Required Statutory Reserve Of Annual After Tax Profit Percentage
RestrictedNetAssetsMinimumRequiredStatutoryReserveOfAnnualAfterTaxProfitPercentage
0.10
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
605872000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
52059000 USD

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