Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$29.37M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
3430.04%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Book Value
Cash
Q4 2024
P/E
-5.484
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $2.000M $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 2024 2023 2022 2021 2020 2019
Revenue $2.000M $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 2024 2023 2022 2021 2020 2019
Selling, General & Admin $12.96M $6.136M $4.379M $3.218M $5.860M
YoY Change 111.26% 40.12% 36.08% -45.09%
% of Gross Profit
Research & Development $38.44M $19.78M $24.92M $19.34M $8.182M $8.390M
YoY Change 94.39% -20.63% 28.85% 136.37% -2.48%
% of Gross Profit
Depreciation & Amortization $0.00 $0.00
YoY Change
% of Gross Profit
Operating Expenses $54.45M $32.74M $31.06M $23.72M $11.40M $14.25M
YoY Change 66.32% 5.43% 30.93% 108.06% -20.0%
Operating Profit -$54.45M -$30.74M -$31.06M
YoY Change 77.14% -1.01%

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 2024 2023 2022 2021 2020 2019
Interest Expense $2.860M $553.0K $26.00K $30.00K $60.00K
YoY Change 417.18% 2026.92% -13.33% -50.0%
% of Operating Profit
Other Income/Expense, Net $8.887M $2.864M $3.000K -$749.0K $0.00 -$390.0K
YoY Change 210.3% 95366.67% -100.4% -100.0%

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 2024 2023 2022 2021 2020 2019
Pretax Income -$27.88M -$30.50M -$24.44M -$11.37M -$14.26M
YoY Change -8.6% 24.78% 114.97% -20.27%
Income Tax
% Of Pretax Income
Net Earnings -$45.57M -$27.88M -$30.50M -$24.44M -$11.37M -$14.26M
YoY Change 63.46% -8.6% 24.78% 114.97% -20.27%
Net Earnings / Revenue -1393.8%
Basic Earnings Per Share -$1.45 -$2.66 -$165.20
Diluted Earnings Per Share -$1.45 -$2.66 -$1.42 -$1.13 -$0.53 -$0.66

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 2024 2023 2022 2021 2020 2019
Cash & Short-Term Investments $94.90M $32.35M $56.73M $68.70M $10.21M
YoY Change 193.39% -42.99% -17.42% 572.89%
Cash & Equivalents $75.14M $158.0K $56.73M $68.70M $10.21M
Short-Term Investments $19.76M $32.19M $0.00
Other Short-Term Assets $1.749M $447.0K $1.932M $36.00K $610.0K
YoY Change 291.28% -76.86% 5266.67% -94.1%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $96.65M $32.79M $58.66M $68.74M $10.82M
YoY Change 194.72% -44.1% -14.66% 535.29%
Property, Plant & Equipment $73.00K $212.0K $342.0K $194.0K $320.0K
YoY Change -65.57% -38.01% 76.29% -39.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $27.00K $27.00K $27.00K $30.00K
YoY Change 0.0% 0.0% -10.0%
Other Assets
YoY Change
Total Long-Term Assets $73.00K $239.0K $369.0K $221.0K $340.0K
YoY Change -69.46% -35.23% 66.97% -35.0%
Total Assets $96.72M $33.03M $59.03M $68.96M $11.16M
YoY Change
Accounts Payable $186.0K $1.125M $761.0K $513.0K $1.200M
YoY Change -83.47% 47.83% 48.34% -57.25%
Accrued Expenses $5.235M $4.097M $1.494M $1.154M $880.0K
YoY Change 27.78% 174.23% 29.46% 31.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.654M $5.279M $2.440M $1.910M $2.080M
YoY Change 7.1% 116.35% 27.75% -8.17%
Long-Term Debt $0.00 $4.000K $7.000K $9.000K $10.00K
YoY Change -100.0% -42.86% -22.22% -10.0%
Other Long-Term Liabilities $0.00 $78.00K $224.0K $65.00K $210.0K
YoY Change -100.0% -65.18% 244.62% -69.05%
Total Long-Term Liabilities $0.00 $82.00K $231.0K $74.00K $220.0K
YoY Change -100.0% -64.5% 212.16% -66.36%
Total Liabilities $5.654M $5.361M $2.671M $1.984M $2.300M
YoY Change 5.47% 100.71% 34.63% -13.74%

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 2024 2023 2022 2021 2020 2019
Basic Shares Outstanding 31.35M 10.46M 184.6K
Diluted Shares Outstanding 31.35M 10.46M 184.6K
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: $161.04 Million

About Sagimet Biosciences Inc.

Sagimet Biosciences, Inc. is a clinical-stage biopharmaceutical company, which engages in the development of novel therapeutics for the treatment of infectious diseases. The company is headquartered in San Mateo, California and currently employs 10 full-time employees. The company went IPO on 2023-07-14. The firm is engaged in developing therapeutics called fatty acid synthase (FASN) inhibitors that target dysfunctional metabolic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. The firm's lead drug candidate, denifanstat, is an oral, once-daily pill and the selective FASN inhibitor in development for the treatment of metabolic dysfunction-associated steatohepatitis (MASH). In addition to MASH, the Company is evaluating denifanstat in acne and in select forms of cancer, disease areas in which dysregulation of fatty acid metabolism also plays a key role. Denifanstat is being tested in a Phase III clinical trial for moderate to severe acne vulgaris, and a Phase III trial for recurrent glioblastoma multiforme (GBM) in combination with bevacizumab.

Industry: Pharmaceutical Preparations Peers: Acrivon Therapeutics, Inc. Anika Therapeutics, Inc. Astria Therapeutics, Inc. ENANTA PHARMACEUTICALS INC SUTRO BIOPHARMA, INC. Ovid Therapeutics Inc. OnKure Therapeutics, Inc. Vanda Pharmaceuticals Inc.