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← CockpitCompetitor Analysis › 1672.HK Ascletis Pharma, Inc.Open in the cockpit ↗

Ascletis Pharma, Inc.1672.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Health Care›Biotechnology

Chinese biotech developing antiviral drugs (hepatitis, HIV) and newer obesity/metabolic and oncology drug candidates.

Momentum laggard 1
Mkt cap
$610M
US dollars, full cap
Free float
28%
of shares outstanding
$/day
$1.96M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 10.9%
Hurdle
n/a
no reverse DCF
Next earnings
144 days
30 Mar 2027
Close · HKDHK$4.55
1D-7.0%
1W-7.1%
1M-46.1%
3M-59.2%
6M-73.1%
YTD-60.0%
1Y-50.4%
ATR %11.7%
52w lowhigh77.1% off high

What Ascletis Pharma does

Chinese biotech developing antiviral drugs (hepatitis, HIV) and newer obesity/metabolic and oncology drug candidates.

Income so far is small next to development spending, which is funded by investor money and out-licensing deals. Success rests on its obesity candidates reaching late-stage trials.

Products and services

  • Hepatitis C antivirals
  • Obesity/GLP-1 pipeline
  • Oncology pipeline
  • HIV antivirals

Customers

  • Hospitals & patients in China
  • Global licensing partners

Where it sits in the supply chain

  • Biopharmaceuticals
  • Drug discovery & clinical development
  • Commercialization in China

What could go right

  • Obesity drug market growth in China
  • Pipeline licensing deals

What could go wrong

  • Clinical trial risk
  • Competition from global GLP-1 leaders

Moat: narrow (IP / patents). First-mover China antiviral approvals and a differentiated oral obesity pipeline, still early-stage overall.

Headquarters: Hangzhou, China · Founded: 2013 · Employees: 202

Named competitors

Ascletis Pharma at a glance

Size Ascletis Pharma (1672.HK) is a Hong Kong Health Care company (Biotechnology) with a market value of $610M, the 711th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$4.55 on 6 Nov 2026.

Performance Over six months the shares fell 73.1%, against -14.2% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 18 in its peer set.

Growth Revenue fell 59.4% over the last twelve months (peer median +7.7%); the operating margin is -71,976.2% (peer median -48.8%).

Valuation It trades at 2,088.7× enterprise value to sales against a peer median of 4.0× (most expensive of 15).

Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 831672.HK 27
Six months, rebased to 100: Ascletis Pharma against the median of its 20 peers (local-currency closes).

Ascletis Pharma financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$1.04MHK$2.20MHK$1.39MHK$62.5MHK$62.9M
Revenue growth—+58%-98%-1%—
Gross profit-HK$18.3M-HK$18.5M-HK$21.7MHK$7.97M-HK$58.3M
EBITDA-HK$727M-HK$506M-HK$415M-HK$320M-HK$365M
Net income-HK$662M-HK$390M-HK$326M-HK$160M-HK$366M
Free cash flow-HK$566M-HK$368M-HK$239M-HK$166M-HK$174M
Capital expenditureHK$2.48MHK$2.14MHK$2.33MHK$21.2MHK$16.7M
Total debtn/aHK$5.75MHK$8.12MHK$9.27MHK$4.76M

Quarterly statements and history in the cockpit →

Ascletis Pharma competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-75%-50%-25%0%+25%-50%-25%0%+25%GNFTCLYMGERNDSGNKURA603387FTHWVE300404CADLFDMTAURA002880688639688247VLA1672.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Ascletis Pharma is the large dot.

Fundamentals: revenue growth against valuation

0%+100,000%+200,000%+300,000%0×1,000×2,000×GNFTAPMDFDMT1672.HKRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Ascletis Pharma is the large dot.

Ascletis Pharma competitors and peer comparison

Head to head with its named competitors (1672.HK vs 1801.HK vs 600276.SS vs LLY)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Ascletis Pharma 1672.HK$610M-73%-59%-71,976%2,088.7×n/a
Innovent Biologics 1801.HK$19.2B-5%+43%17%7.4×11.7%
Jiangsu Hengrui Pharmaceuticals 600276.SS$49.7B-6%+6%27%8.8×14.9%
Lilly (Eli) LLY$1.27T+43%+46%51%15.2×5.9%

How Ascletis Pharma compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Ascletis Pharma against its 20 peers (data as of 6 Nov 2026)
Measure1672.HKPeer medianRank in peer set
1-month return-46.1%-12.0%lowest of 21
6-month return-73.1%-14.2%lowest of 18
Distance from 52-week high-77.1%-45.8%2nd lowest of 21
Revenue growth (TTM)-59.4%+7.7%lowest of 15
Operating margin-71,976.2%-48.8%lowest of 15
EV / Sales2,088.7×4.0×most expensive of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Ascletis Pharma 1672.HKHong Kong$610M-73%-59%-71,976%2,088.7×n/an/a
Genfit GNFT.PAFrance$593M+19%+28%-130%11.2×40.0%+143.5%
Apnimed APMDUnited States$629Mn/a+380%-140%20.3×n/an/a
Climb Bio CLYMUnited States$591M-10%n/an/an/an/an/a
Geron GERNUnited States$636M-29%+19%-8%1.6×n/an/a
Design Therapeutics DSGNUnited States$639M-28%n/an/an/an/an/a
Alebund Pharmaceuticals (Jiangsu) 9637.HKHong Kong$576Mn/a+674%-495%25.7×n/an/a
Kura Oncology KURAUnited States$647M-23%-7%-412%2.0×n/an/a
Getein Biotech 603387.SSChina$647M-12%+8%21%2.7×-8.3%-1.3%
Faeth Therapeutics FTHUnited States$570M-6%n/an/an/an/an/a
Wave Life Sciences WVEUnited States$664M-53%-35%-321%3.9×n/an/a
Boji Medical Technology 300404.SZChina$664M+7%+32%4%4.1×35.4%+27.2%
Candel Therapeutics CADLUnited States$670M+5%n/an/an/an/an/a
LongBio Pharma (Suzhou) 1779.HKHong Kong$554Mn/an/an/an/an/an/a
Beijing Bohui Innovation Biotechnology 300318.SZChina$553M-19%+6%-11%6.5×n/an/a
4D Molecular Therapeutics FDMTUnited States$677M+21%+278,712%-214%3.9×n/an/a
Aura Biosciences AURAUnited States$680M-22%n/an/an/an/an/a
Shenzhen Weiguang Biological Products 002880.SZChina$682M-22%0%18%4.7×n/an/a
Anhui Huaheng Biotechnology 688639.SSChina$688M-40%+7%3%2.1×n/an/a
Sinotherapeutics 688247.SSChina$537M-14%-17%0%7.0×31.6%+7.0%
Valneva VLA.PAFrance$534M-2%-27%-87%4.0×n/an/a

Questions

Who are Ascletis Pharma's main competitors?
Named competitors: Innovent Biologics (1801.HK), Hengrui Pharmaceuticals (600276.SS), Eli Lilly (LLY). The cockpit's measured peer set (industry) also includes Genfit (GNFT.PA), Apnimed (APMD), Climb Bio (CLYM), Geron (GERN), Design Therapeutics (DSGN), Alebund Pharmaceuticals (Jiangsu) (9637.HK).
Is Ascletis Pharma expensive compared with its peers?
On ev / sales it trades at 2,088.7× against a peer median of 4.0×, most expensive of 15 in its peer set.
How has Ascletis Pharma stock performed?
Over six months to 6 Nov 2026 the shares returned -73.1% against -14.2% for the median peer; over one year -50.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.