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HUTCHMED (China) Limited (HCM)

NEUTRAL
HealthcareDrug Manufacturers - Specialty & GenericHong Kong

基本面

42

价格

$12.24

市值

$2.12B

第一部分 · 这家公司值多少

概览

HUTCHMED (China) Limited, together with its subsidiaries, discovers, develops, and commercializes targeted therapeutics and immunotherapies to treat cancer and immunological diseases in Hong Kong, the United States, and internationally. It provides Fruquintinib, a selective and potent oral inhibitor of vascular endothelial growth factor receptors for treatment of colorectal cancer (CRC), breast cancer, gastric cancer (GC), microsatellite stable-CRC endometrial cancer (EMC), non-small cell lung cancer (NSCLC), renal cell carcinoma (RCC), endometrial cancer (EMC); and Savolitinib, a potent and selective inhibitor of mesenchymal-epithelial transition receptor to treat NSCLC, papillary RCC, and GC. It also develops Surufatinib to treat pancreatic neuroendocrine tumor (NET), non pancreatic NET, and pancreatic ductal adenocarcinoma; Sovleplenib, to treat immune thrombocytopenic purpura and warm autoimmune hemolytic anemia; and Tazemetostat, a treatment for epithelioid sarcoma and follicular lymphoma; Fanregratinib that treats intrahepatic cholangiocarcinoma; and Ranosidenib, a novel dual-inhibitor of dehydrogenase-1 and isocitrate dehydrogenase-2 enzymes to treat acute myeloid leukemia (AML). In addition, the company is developing HMPL-760, which is in phase I and II clinical trial to treat relapsed and/or refractory diffuse large B cell lymphoma, chronic lymphocytic leukemia, small lymphocytic lymphoma, and other B-NHL; HMPL-506 to treat Mixed-lineage leukemia-rearrange/rearrangement and nucleophosmin 1-mutantAML. It has collaboration agreements with AstraZeneca AB (publ), Lilly (Shanghai) Management Company Limited, Takeda, Inmagene Biopharmaceuticals Co. Ltd., Innovent Biologics Co., Inc., and Epizyme, Inc., and Epizyme, Inc. The company was formerly known as Hutchison China MediTech Limited and changed its name to HUTCHMED (China) Limited in May 2021. HUTCHMED (China) Limited was incorporated in 2000 and is headquartered in Hong Kong, Hong Kong.

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资产负债表与流动性

营收

$109M

截至最近已公布季度的最近12个月 — 根据每股指标估算

净利润

$91M

截至最近已公布季度的最近12个月 — 根据每股指标估算

自由现金流

$-19M

股东权益合计

$1.26B

负债合计

$95M

流动比率

5.64

利息覆盖率

-

债务/EBITDA

-

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

General case被高估

公允价值

$8.56

当前价格

$12.24

安全边际

-43.0%

公允价值区间

$5.56 - $11.56

估算方法

Analyst price target:$20.99
Discounted cash flow (DCF):$1.73
Earnings multiple (P/E):$5.30
Graham growth formula:$1.63
Earnings power value (EPV):Not enough data to compute it
Justified P/B:$6.13
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:Not enough data to compute it
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:Not enough data to compute it
分析师共识:强力买入 (22B / 4H / 0S)
最近财报超预期:+149.86%

估值指标

市盈率(P/E)

23.26

ROE

1.5%

市净率(P/B)

8.58

P/FCF

-

毛利率

38.7%

ROIC

0.1%

盈利能力雷达图

Value Creation (Economic Moat)

ROIC

0.1%

WACC

10.4%

ROIC − WACC

-10.3 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

基本面分析标准

通过(8)

  • Gross Margin 38.7%
  • Debt/Equity ratio
  • Current Ratio
  • ROE 37.0%
  • Revenue Growth 5Y 19.2%
  • Analyst Consensus 85% Buy
  • Earnings Surprise avg 95.6%
  • Net Margin Trend 83.3% vs 6.0%

未通过(9)

  • Price CAGR -0.72%
  • ROIC 0.1%
  • P/B Ratio 8.58
  • Operating Margin -7.1%
  • Positive Free Cash Flow
  • Price below Graham Number
  • DCF valuation (Unknown)
  • Earnings Quality (OCF/NI) 0.04
  • Piotroski F-Score 1/9

不可用(10)

  • EPS data insufficient
  • P/FCF NaN
  • Dividend Payout NaN%
  • CapEx intensity
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • PEG Ratio (need PE > 0 and growth > 0)
  • Share Dilution (missing shares data)

Piotroski F-评分

1/9

存在严重财务隐患

score
criteria

盈利质量

0.04

低质量:需深入审查会计处理

股权稀释

-

正在回购股份,对股东友好

公司治理

管理团队

姓名职位年龄
Mr. Chig Fung Cheng BEc, CAActing CEO, CFO & Executive Director58
Dr. Wei-Guo Su B.Sc., Ph.D.CEO, Chief Scientific Officer & Executive Director (Leave of Absence)66
Ms. Yiling CuiExecutive VP & Head of Operations-
Dr. Xinhui Hu Ph.D.Executive Vice President & Chief Technical Officer52
Mr. David NgHead of Investor Relations & Capital Strategies-
Mr. Charles George Rupert NixonGroup General Counsel55
Mr. Kin Hung Lee M.B.A.Senior Vice President of Corporate Management & Communications48
Ms. Selina ZhangSenior Vice President of Global Human Resources-
Dr. Qingmei Wang Ph.D.Executive Vice President of Business Development & Strategic Alliances62
Dr. Thomas FuSenior Vice President of Global Quality-

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

Latest News

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