No Operating Cash Flow In 2024Reported absence of operating cash flow despite accounting profits suggests weak cash conversion, potential working capital strain, or timing issues. Over months this can pressure liquidity, constrain R&D/capex funding, and force external financing that dilutes financial resilience.
Negative EPS GrowthAn EPS decline while revenues grow points to margin erosion drivers such as higher operating costs, one-offs, or financing impacts. If persistent, lower earnings per share can limit retained earnings for reinvestment and weaken investor confidence in long-term profit generation.
Geographic And Therapeutic Concentration RiskHeavy reliance on the China market and a narrow therapeutic focus increases exposure to local regulatory, reimbursement, and competitive shifts. Limited geographic and product diversification can amplify downside from policy changes or demand swings over the medium term.