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China NT Pharma Group Co., Ltd. (HK:1011)
:1011
Hong Kong Market

China NT Pharma Group Co., Ltd. (1011) AI Stock Analysis

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HK:1011

China NT Pharma Group Co., Ltd.

(1011)

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Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
HK$0.75
▼(-10.48% Downside)
Action:ReiteratedDate:12/25/25
The score is primarily held down by very weak financial fundamentals (losses, negative equity, and liquidity strain). Technical indicators are comparatively supportive with the stock trading above major moving averages and a positive MACD, but valuation remains constrained due to ongoing losses and no dividend support.
Positive Factors
Diversified revenue streams
Selling through hospitals, pharmacies and direct OTC channels creates multiple revenue engines and reduces reliance on any single buyer type. This distribution diversity supports steadier demand and resilience to localized disruptions, a durable benefit for cash generation over months.
R&D and innovation focus
A strategic emphasis on innovative drug development positions the company to move up the value chain from generics to proprietary therapies. Success in R&D can drive sustainable revenue, higher margins and licensing opportunities, making this a structural positive if execution continues.
Therapeutic breadth
Participation across multiple therapeutic areas diversifies clinical and commercial risk, enabling cross-selling and pipeline flexibility. A broad therapeutic footprint increases long-term market opportunity and reduces dependency on any single product or indication.
Negative Factors
Negative shareholders' equity
Negative equity is a structural solvency flag that constrains capital-raising options, creditor confidence and strategic flexibility. Persistent negative equity increases insolvency risk over months and can limit ability to fund R&D, operations, or absorb shocks without dilutive financing.
Sustained losses and revenue decline
Ongoing net losses and falling revenue undermine internal financing capacity and long-term profitability. Without a clear path to consistent positive EBIT, the firm may struggle to invest in growth, retain talent, or compete effectively, impairing durable business prospects.
Erratic operating cash flow
Inconsistent operational cash generation and a sharp free cash flow decline create recurring liquidity pressure, forcing reliance on external funding. Over several months this raises refinancing and covenant risks, restricting strategic options and threatening continuity of R&D and commercialization.

China NT Pharma Group Co., Ltd. (1011) vs. iShares MSCI Hong Kong ETF (EWH)

China NT Pharma Group Co., Ltd. Business Overview & Revenue Model

Company DescriptionChina NT Pharma Group Company Limited, together with its subsidiaries, engages in the research and development, manufacturing, sales, and distribution of pharmaceutical products in the People's Republic of China and internationally. It manufactures, sells, and trades in prescription medicines for the tumor and blood system diseases, digestive system diseases, central nervous system diseases, diseases of respiratory system, and other therapeutic fields; and produces and sells NT branded products and generic drugs. The company also provides marketing and promotion services to suppliers, and logistics and consulting services. China NT Pharma Group Company Limited was founded in 1995 and is headquartered in Suzhou, the People's Republic of China.
How the Company Makes MoneyChina NT Pharma Group Co., Ltd. generates revenue through multiple streams, primarily by selling its pharmaceutical products to hospitals, pharmacies, and healthcare providers across China and other markets. The company earns income from prescription medications, which are often sold in bulk to healthcare institutions, as well as from over-the-counter products that cater directly to consumers. Additionally, NT Pharma may engage in partnerships with other pharmaceutical firms for co-development and licensing agreements, which can provide significant revenue through shared sales and royalties. The company's focus on research and development also positions it to capitalize on new drug approvals and market expansions, further contributing to its earnings.

China NT Pharma Group Co., Ltd. Financial Statement Overview

Summary
Financial statements indicate substantial weakness: volatile and declining revenue, sustained net losses and negative EBIT, negative shareholders’ equity (insolvency risk), and erratic operating cash flow with a sharp free cash flow decline in 2024.
Income Statement
22
Negative
The company's income statement reflects significant revenue volatility and sustained negative net income over the past years, with a particularly sharp decline in revenue in 2023. The gross profit margin has decreased over time, and the company has struggled to achieve positive EBIT, indicating operational inefficiencies. These factors contribute to a low score.
Balance Sheet
15
Very Negative
The balance sheet shows a concerning financial structure, with negative stockholders' equity indicating insolvency risk. The debt-to-equity ratio cannot be calculated due to negative equity, but the high level of debt relative to assets suggests significant leverage. These elements indicate financial instability, contributing to a low score.
Cash Flow
30
Negative
The cash flow statement reveals erratic cash flow from operations, with a significant decline in free cash flow in 2024. The absence of positive free cash flow growth and the inability to cover net income with operating cash flow highlight liquidity challenges. These factors contribute to a low score.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue18.66M37.96M7.37M207.09M226.70M221.73M
Gross Profit9.57M5.26M7.37M125.29M145.46M134.90M
EBITDA-7.35M-8.65M1.33M10.39M-17.78M-52.76M
Net Income-70.92M-53.36M-143.59M-66.41M-149.54M-357.60M
Balance Sheet
Total Assets344.41M334.07M329.12M1.01B955.36M1.30B
Cash, Cash Equivalents and Short-Term Investments4.63M9.62M1.52M5.93M9.44M7.69M
Total Debt316.72M375.95M344.94M826.45M832.11M851.46M
Total Liabilities621.29M733.18M668.69M1.25B1.17B1.27B
Stockholders Equity-276.88M-399.11M-339.56M-241.66M-211.38M16.28M
Cash Flow
Free Cash Flow-22.61M-9.24M37.58M31.72M-135.42M2.36M
Operating Cash Flow-22.56M-9.07M50.48M36.21M-134.78M26.20M
Investing Cash Flow-55.00K-189.00K-22.14M4.53M257.81M595.60M
Financing Cash Flow23.02M12.65M-28.97M-46.68M-124.80M-624.25M

China NT Pharma Group Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.84
Price Trends
50DMA
0.79
Negative
100DMA
0.80
Negative
200DMA
0.76
Negative
Market Momentum
MACD
-0.02
Positive
RSI
36.71
Neutral
STOCH
11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1011, the sentiment is Negative. The current price of 0.84 is above the 20-day moving average (MA) of 0.75, above the 50-day MA of 0.79, and above the 200-day MA of 0.76, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 36.71 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1011.

China NT Pharma Group Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
54
Neutral
HK$250.02M7.110.75%3.51%-5.98%-81.25%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
49
Neutral
HK$845.51M-2.84-48.86%-43.46%-96.48%
48
Neutral
HK$492.20M-3.1720.98%
48
Neutral
HK$175.26M-38.07-8.71%2.54%33.33%
46
Neutral
HK$382.53M43.63-1.16%7.50%59.60%-351.02%
44
Neutral
HK$208.55M-3.10-11.18%-19.28%-42.27%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1011
China NT Pharma Group Co., Ltd.
0.73
0.51
231.82%
HK:0455
Tianda Pharmaceuticals Ltd.
0.10
-0.07
-42.26%
HK:0897
Wai Yuen Tong Medicine Holdings Limited
0.34
-0.02
-5.56%
HK:1652
Fusen Pharmaceutical Co., Ltd.
1.15
0.89
342.31%
HK:8329
Shenzhen Neptunus Interlong Bio-Technique Co. Ltd. Class H
0.15
0.06
75.29%
HK:8622
Huakang Biomedical Holdings Company Limited
0.34
0.04
13.33%

China NT Pharma Group Co., Ltd. Corporate Events

China NT Pharma Advances AI Bone Health Pivot and Secures Liquidity Support After Going-Concern Warning
Jan 28, 2026

China NT Pharma has outlined progress on its transition to an AI-driven, light-asset healthcare model and measures to bolster liquidity, following a previously disclosed going-concern disclaimer in its 2024 annual report. The group is moving to complete the acquisition of three target companies that effectively give it control of about 58.11% of Zhejiang Kangyuan Medical Equipment, allowing it to integrate core AI bone health diagnostic products such as an AI X-ray bone density system and portable AI X-ray devices, together with associated patents and software, to deepen its presence in AI-based bone health testing and robotics. Its orthopedic drug agency and orthopedic health product businesses are delivering stable revenue in the treatment segment, while partnerships formed in 2025 with a Chinese state-owned enterprise and a health management company to run a smart health management center and digital health services are expected to provide additional steady income streams from 2026. To address liquidity and going-concern concerns, the group has secured extensions or waivers on most loans for the next 12 months, is negotiating further debt term adjustments, and has obtained commitments from major shareholders for continued financial support through loans, underpinning its strategic transformation and near-term debt service capability.

The most recent analyst rating on (HK:1011) stock is a Hold with a HK$0.81 price target. To see the full list of analyst forecasts on China NT Pharma Group Co., Ltd. stock, see the HK:1011 Stock Forecast page.

China NT Pharma Shareholders Approve Major Share Issue for Medical Device Acquisition
Jan 15, 2026

China NT Pharma Group has secured shareholder approval at its extraordinary general meeting to issue and allot up to 274,751,679 new shares at HK$0.45 each as consideration for acquiring 100% of the issued shares of Junbinxiongdi Limited, Yuehua Limited and Zhong He Qun Lian Limited. This transaction will give the company effective control over approximately 58.11% of Zhejiang Kangyuan Medical Device Co., Ltd., signalling a strategic expansion into the medical device business and potentially strengthening its position in China’s healthcare market through increased vertical integration and diversification of revenue streams.

The most recent analyst rating on (HK:1011) stock is a Hold with a HK$0.92 price target. To see the full list of analyst forecasts on China NT Pharma Group Co., Ltd. stock, see the HK:1011 Stock Forecast page.

China NT Pharma Calls EGM to Approve Major Acquisition and Share Issuance
Dec 24, 2025

China NT Pharma Group has convened an extraordinary general meeting for 15 January 2026 in Hong Kong to seek shareholder approval for the acquisition of 100% of the issued shares in three target companies—Junbinxiongdi Limited, Yuehua Limited and Zhong He Qun Lian Limited—under a sale and purchase agreement signed on 28 April 2025. The board is asking shareholders to ratify the agreement, approve the issuance and allotment of up to 274,751,679 new consideration shares at HK$0.45 each under a specific mandate to pay the sellers, and authorise directors to implement and, if necessary, amend the transaction once the Stock Exchange grants listing approval for the new shares, a move that would expand the group’s asset base while diluting existing holdings but potentially strengthening its strategic positioning in the market.

The most recent analyst rating on (HK:1011) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China NT Pharma Group Co., Ltd. stock, see the HK:1011 Stock Forecast page.

China NT Pharma Revises Terms of Medical Device Acquisition and Extends Long Stop Date
Dec 18, 2025

China NT Pharma Group has signed a supplemental agreement to revise the payment terms of its previously announced acquisition of 100% of the issued shares in certain target companies, which will be settled through the issuance of consideration shares under a specific mandate. The consideration of RMB116.2 million will now be fully satisfied by allotting and issuing consideration shares to the sellers on a pro rata basis within 30 days after both the successful registration and granting of a medical device registration certificate for the company’s Portable Digital X-Ray Diagnostic Robot System in Zhejiang Province and completion of the deal, while the long stop date for closing has been extended to 28 April 2026, aligning the timetable and conditions of the transaction more closely with regulatory approval milestones and potentially affecting the pace of its expansion into the medical device segment.

The most recent analyst rating on (HK:1011) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China NT Pharma Group Co., Ltd. stock, see the HK:1011 Stock Forecast page.

China NT Pharma Group Announces Key Corporate Governance Appointments
Nov 25, 2025

China NT Pharma Group Co., Ltd. has announced significant changes in its corporate governance structure with the appointment of Ms. Li Yifang as the company secretary, authorized representative, and agent for the acceptance of service of process and notices in Hong Kong, effective from November 25, 2025. This strategic appointment of Ms. Li, who brings extensive experience in regulatory compliance and corporate governance, is expected to enhance the company’s operational efficiency and strengthen its compliance framework, potentially impacting its positioning in the industry.

The most recent analyst rating on (HK:1011) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China NT Pharma Group Co., Ltd. stock, see the HK:1011 Stock Forecast page.

China NT Pharma Group Embraces AI for Orthopedic Market Transformation
Nov 24, 2025

China NT Pharma Group Co., Ltd. is transforming into a high-tech medical enterprise driven by artificial intelligence to adapt to market changes and capitalize on opportunities in China’s growing orthopedic market. The company aims to build a comprehensive healthcare ecosystem focusing on testing, treatment, and rehabilitation in bone health, leveraging AI technology and national orthopedic initiatives to ensure continued business development and provide end-to-end solutions.

The most recent analyst rating on (HK:1011) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China NT Pharma Group Co., Ltd. stock, see the HK:1011 Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 25, 2025