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CStone Pharmaceuticals (HK:2616)
:2616
Hong Kong Market

CStone Pharmaceuticals (2616) AI Stock Analysis

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HK:2616

CStone Pharmaceuticals

(2616)

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Neutral 42 (OpenAI - 4o)
Rating:42Neutral
Price Target:
HK$6.00
▲(1.69% Upside)
CStone Pharmaceuticals faces significant financial and operational challenges, with declining revenue and persistent losses being the most impactful factors. The technical indicators suggest bearish momentum, and the negative P/E ratio highlights valuation concerns. The absence of earnings call data and corporate events limits additional insights.
Positive Factors
Robust Drug Pipeline
The company's focus on innovative oncology therapies and a robust pipeline positions it well to capture future growth in the biopharmaceutical sector.
Strategic Collaborations
Partnerships and collaborations enhance CStone's ability to advance its pipeline, providing financial and resource support crucial for long-term development.
Solid Equity Position
A strong capital base relative to debt provides CStone with a buffer to withstand financial challenges and invest in future growth opportunities.
Negative Factors
Declining Revenue
Persistent revenue decline indicates challenges in market penetration and product adoption, impacting long-term financial stability and growth prospects.
Negative Cash Flow
Negative cash flow raises concerns about the company's ability to sustain operations without external financing, affecting long-term viability.
Consistent Losses
Ongoing operational losses reflect inefficiencies and competitive pressures, challenging the company's ability to achieve profitability and sustain growth.

CStone Pharmaceuticals (2616) vs. iShares MSCI Hong Kong ETF (EWH)

CStone Pharmaceuticals Business Overview & Revenue Model

Company DescriptionCStone Pharmaceuticals, a biopharmaceutical company, researches, develops, and commercializes immuno-oncology and precision medicines to address the unmet medical needs of cancer patients in China and internationally. It offers Sugemalimab, a monoclonal antibody against programmed death (PD) ligand 1; GAVRETO, an RET inhibitor for the treatment of patients with advanced or metastatic RET-mutant medullary and RET fusion-positive thyroid cancers; and avapritinib, a KIT/PDGFRA inhibitor to treat adults with unresectable or metastatic gastrointestinal stromal tumors harboring a PDGFRA exon 18 mutation. The company's product pipeline includes Nofazinlimab, a PD-1 antibody for the treatment of patients with hepatocellular carcinoma; Ivosidenib, an isocitrate dehydrogenase 1 (IDH1) inhibitor to treat adults with relapsed or refractory acute myeloid leukemia with an IDH1 mutation; and Fisogatinib, an FGFR4 inhibitor to treat hepatocellular carcinoma. Its products also comprise CS1002, CS2006, CS3002, CS3005, CS2007, CS2008, and CS500 for solid tumors; and CS5001 for solid tumors and hematologic malignancies. The company was incorporated in 2015 and is headquartered in Shanghai, China.
How the Company Makes MoneyCStone Pharmaceuticals generates revenue primarily through the commercialization of its pharmaceutical products, including sales of approved therapies. The company also engages in collaborative partnerships and licensing agreements with other pharmaceutical companies, which provide additional revenue streams through upfront payments, milestone payments, and royalties on sales. Significant partnerships with global pharmaceutical players enhance its research capabilities and market reach, contributing to its overall earnings. Additionally, the company may receive funding from government grants and initiatives aimed at supporting innovative drug development.

CStone Pharmaceuticals Financial Statement Overview

Summary
CStone Pharmaceuticals is experiencing significant financial challenges, with declining revenue and persistent losses. Despite a solid equity position, ongoing negative cash flow and profitability issues pose substantial risks.
Income Statement
40
Negative
CStone Pharmaceuticals has shown a challenging revenue trajectory with declining revenue over the recent years. The company has consistently reported negative EBIT and EBITDA margins, indicating ongoing operational challenges. The net profit margin is also negative, reflecting significant losses, though the scale of losses has decreased over the last year.
Balance Sheet
55
Neutral
The balance sheet shows a moderate debt-to-equity ratio and a healthy equity ratio, suggesting a strong capital base relative to debt. The company has maintained a reasonable balance of assets to liabilities, but the consistent negative net income is a potential risk for long-term sustainability.
Cash Flow
30
Negative
CStone Pharmaceuticals has not demonstrated positive free cash flow in recent years, which is critical for financial health. The operating cash flow is negative, further highlighting liquidity challenges. The absence of growth in free cash flow and reliance on financing activities for cash raises concerns about cash flow sustainability.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue177.77M407.20M463.84M481.36M243.72M1.04B
Gross Profit21.73M240.15M304.30M278.38M136.89M797.41M
EBITDA-216.63M-76.43M-297.23M-849.66M-1.90B-1.20B
Net Income-242.00M-91.21M-367.23M-902.68M-1.92B-1.22B
Balance Sheet
Total Assets1.19B1.39B1.66B1.64B2.27B3.76B
Cash, Cash Equivalents and Short-Term Investments690.10M672.94M1.05B1.04B1.73B3.39B
Total Debt391.37M355.97M363.45M286.29M174.20M83.86M
Total Liabilities876.86M1.03B1.21B1.19B1.06B808.29M
Stockholders Equity315.04M363.87M456.83M449.33M1.21B2.95B
Cash Flow
Free Cash Flow-156.05M-343.18M-653.89M-714.29M-1.63B-579.52M
Operating Cash Flow-156.05M-343.18M-588.84M-612.47M-1.48B-508.07M
Investing Cash Flow-149.95M-247.68M619.61M365.12M-826.55M1.18B
Financing Cash Flow22.58M-12.90M388.36M28.47M92.30M1.39B

CStone Pharmaceuticals Technical Analysis

Technical Analysis Sentiment
Positive
Last Price5.90
Price Trends
50DMA
6.21
Negative
100DMA
7.59
Negative
200DMA
5.69
Positive
Market Momentum
MACD
-0.10
Negative
RSI
49.24
Neutral
STOCH
69.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2616, the sentiment is Positive. The current price of 5.9 is above the 20-day moving average (MA) of 5.79, below the 50-day MA of 6.21, and above the 200-day MA of 5.69, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 49.24 is Neutral, neither overbought nor oversold. The STOCH value of 69.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2616.

CStone Pharmaceuticals Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
57
Neutral
HK$9.74B48.456.73%23.37%
53
Neutral
HK$10.44B40.1113.34%206.58%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
51
Neutral
HK$11.87B17.2035.80%59.70%239.97%
42
Neutral
HK$8.89B-18.93-95.84%-55.64%-158.67%
39
Underperform
HK$2.63B-3.73-129.05%-18.99%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2616
CStone Pharmaceuticals
5.59
2.92
109.36%
HK:9966
Alphamab Oncology
10.32
6.92
203.53%
HK:2142
HBM Holdings Ltd.
12.99
11.75
947.58%
HK:2179
Jiangsu Recbio Technology Co., Ltd. Class H
5.48
-2.80
-33.82%
HK:2256
Abbisko Cayman Limited
13.54
9.04
200.89%
HK:6955
Shandong Boan Biotechnology Company., Limited. Class H
8.69
-0.18
-2.03%

CStone Pharmaceuticals Corporate Events

CStone’s Sugemalimab Gains European Approval for Broader NSCLC Treatment
Nov 25, 2025

CStone Pharmaceuticals announced that the European Commission has approved sugemalimab as a monotherapy for adult patients with unresectable stage III non-small cell lung cancer (NSCLC) with specific genetic profiles. This approval expands sugemalimab’s indication to cover a broader spectrum of NSCLC, providing a new treatment option for patients in Europe. The achievement highlights CStone’s commitment to enhancing global accessibility of its therapies and addressing unmet medical needs in oncology.

CStone Pharmaceuticals Unveils CS2015 at ACAAI 2025
Nov 7, 2025

CStone Pharmaceuticals has announced the international debut of its bispecific antibody, CS2015, at the 2025 Annual Scientific Meeting of the American College of Allergy, Asthma and Immunology (ACAAI). This marks the first presentation of CS2015 at an international conference, highlighting its potential impact on the treatment of type 2 inflammation. The molecule’s unique design targets OX40L and TSLP, crucial regulators of inflammation, and offers a strong developability profile for scalable manufacturing, indicating significant advancements in therapeutic options for autoimmune and inflammatory diseases.

CStone Pharmaceuticals Advances CS2009 Clinical Trials with NMPA Approval
Nov 4, 2025

CStone Pharmaceuticals announced the approval of their Investigational New Drug application by the China National Medical Products Administration for Phase II clinical trials of CS2009, a tri-specific antibody targeting PD-1, VEGF, and CTLA-4, for advanced solid tumors. This approval is expected to accelerate the clinical development of CS2009, which is currently enrolling patients in Australia and will soon expand to China and the United States, potentially strengthening CStone’s position in the biopharmaceutical industry and offering new therapeutic options for various cancers.

CStone Pharmaceuticals Announces Board Composition and Roles
Nov 3, 2025

CStone Pharmaceuticals announced the composition of its board of directors, highlighting the roles and functions of each member. This announcement is significant for stakeholders as it outlines the leadership structure and governance, which can impact the company’s strategic direction and operational efficiency.

CStone Pharmaceuticals Announces Board Changes with New Appointment
Nov 3, 2025

CStone Pharmaceuticals has announced the appointment of Ms. Fang Xie as an independent non-executive director and chairperson of the audit committee, effective November 1, 2025. Ms. Xie brings over 30 years of experience in operational finance and management consulting, having served in various leadership roles in prominent companies. Her appointment follows the resignation of Ms. Yip Betty Ho, who stepped down to focus on personal commitments. The changes in the board are expected to strengthen CStone’s governance and strategic direction, potentially impacting its market positioning positively.

CStone Pharmaceuticals CEO Increases Shareholding, Signaling Confidence in Future Growth
Oct 23, 2025

CStone Pharmaceuticals announced that its CEO, Dr. Jianxin Yang, along with senior management, has increased their shareholding in the company by purchasing 1,000,000 shares, with Dr. Yang acquiring 700,000 shares. This move underscores their confidence in the company’s long-term investment value and growth prospects, as well as their commitment to its future business success. The board views this increase in shareholding as a sign of strong belief in the company’s ability to maintain steady operations and achieve rapid growth, which could positively impact stakeholder confidence.

CStone Pharmaceuticals Unveils Promising Phase I Data for Innovative Cancer Therapy
Oct 20, 2025

CStone Pharmaceuticals announced the first disclosure of preliminary Phase I data for CS2009, a PD-1/VEGF/CTLA-4 trispecific antibody, at the 2025 ESMO Annual Congress. The study, conducted in Australia and China, evaluates the safety and antitumor activity of CS2009 in patients with advanced solid tumors, showing favorable safety and tolerability with no dose-limiting toxicity reported. This development marks a significant step in CStone’s efforts to innovate cancer treatment, potentially enhancing its industry positioning and offering new hope for stakeholders involved.

CStone Pharmaceuticals Gains CHMP Positive Opinion for Sugemalimab in Stage III NSCLC
Oct 17, 2025

CStone Pharmaceuticals announced that the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) has issued a positive opinion recommending the approval of sugemalimab as a monotherapy for unresectable stage III non-small cell lung cancer (NSCLC) in Europe. This development, based on the pivotal Phase III GEMSTONE-301 study, could solidify sugemalimab’s role as a core immunotherapy for lung cancer, enhancing its market presence and commercial potential. If approved, it will become the second PD-(L)1 antibody available in Europe for stage III NSCLC, addressing a critical unmet need and bringing new hope to patients.

CStone Pharmaceuticals to Present Groundbreaking Clinical Data at ESMO 2025
Oct 13, 2025

CStone Pharmaceuticals announced its participation in the 2025 European Society for Medical Oncology Congress, where it will present data from its ongoing clinical trials. The company will showcase the world’s first clinical data for a PD-1/VEGF/CTLA-4 trispecific antibody, CS2009, in advanced solid tumor patients, and provide an update on the ROR1-targeting ADC, CS5001. These presentations highlight CStone’s commitment to advancing innovative cancer therapies and may enhance its positioning in the biopharmaceutical industry.

CStone Pharmaceuticals Initiates Global Phase II Trial for Innovative Cancer Therapy
Sep 23, 2025

CStone Pharmaceuticals announced the enrollment of the first patient in Australia for their global Phase II clinical trial of CS2009, a PD-1/VEGF/CTLA-4 trispecific antibody. This trial, which will expand to the United States, aims to evaluate the drug’s safety, tolerability, and efficacy across multiple tumor types, including lung, liver, colorectal, ovarian, breast, and cervical cancers. The Phase I study showed promising results with favorable safety and significant antitumor activity, suggesting potential advancements in treatment options for various cancers.

CStone Pharmaceuticals Appoints Kenneth Jarrett as Independent Director
Sep 22, 2025

CStone Pharmaceuticals has appointed Mr. Kenneth Howard Jarrett as an independent non-executive director, effective September 23, 2025. Mr. Jarrett brings over 40 years of experience in government and business relations, strategic planning, and key relationship building, having held significant positions in U.S. consulates and private sector organizations. His appointment is expected to strengthen CStone’s strategic and audit committees, potentially enhancing the company’s governance and strategic direction. This move may positively impact CStone’s standing in the biopharmaceutical industry, offering stakeholders confidence in its leadership and future growth prospects.

CStone Pharmaceuticals Announces Board Composition and Roles
Sep 22, 2025

CStone Pharmaceuticals has announced the composition of its board of directors and their respective roles within the company. This announcement highlights the company’s leadership structure, which includes a mix of executive, non-executive, and independent directors, and outlines the membership of various board committees, reflecting the company’s commitment to governance and strategic oversight.

CStone Pharmaceuticals to Present Novel Antibody at ACAAI 2025
Sep 15, 2025

CStone Pharmaceuticals announced that its bispecific antibody CS2015, targeting OX40L and TSLP, will be showcased at the ACAAI 2025 Annual Scientific Meeting in Orlando. This novel therapeutic agent aims to address Type 2 inflammatory diseases such as atopic dermatitis, asthma, and COPD. The presentation highlights CStone’s strategic focus on innovative treatments for autoimmune and inflammation conditions, potentially enhancing its market position and offering new solutions for patients.

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: Nov 05, 2025