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BeiGene Ltd (HK:6160)
:6160
Hong Kong Market

BeiGene Ltd (6160) AI Stock Analysis

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HK:6160

BeiGene Ltd

(6160)

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Neutral 54 (OpenAI - 4o)
Rating:54Neutral
Price Target:
HK$194.00
▲(4.81% Upside)
BeiGene Ltd's stock score is primarily influenced by its strong financial performance, particularly in revenue growth and cash flow improvement. However, the technical analysis indicates a bearish trend, and the valuation suggests potential overvaluation with a very high P/E ratio. These factors combined result in a moderate overall stock score.
Positive Factors
Revenue Growth
The strong revenue growth rate indicates a positive trajectory in sales, suggesting the company's products are gaining market traction, which could lead to sustained financial performance.
Cash Flow Improvement
Significant improvement in cash flow generation enhances financial flexibility, allowing for strategic investments and reducing reliance on external financing.
Strong Gross Profit Margin
A high gross profit margin reflects efficient cost management, which supports profitability and allows for reinvestment in R&D and market expansion.
Negative Factors
Profitability Challenges
Despite revenue growth, the company struggles to convert sales into profits, which may hinder its ability to reinvest in growth and innovation.
Negative Return on Equity
A negative return on equity indicates challenges in generating returns for shareholders, potentially impacting investor confidence and long-term capital raising.
High Valuation Risk
An extremely high P/E ratio suggests the stock is priced for significant growth, which could be risky if growth expectations are not met, impacting long-term investor sentiment.

BeiGene Ltd (6160) vs. iShares MSCI Hong Kong ETF (EWH)

BeiGene Ltd Business Overview & Revenue Model

Company DescriptionBeiGene Ltd. is a global, science-driven biotechnology company focused on developing innovative and affordable medicines to improve treatment outcomes and access for patients worldwide. The company was founded by Xiao Dong Wang and John V. Oyler on October 28, 2010 and is headquartered in George Town, KY.
How the Company Makes MoneyBeiGene generates revenue through multiple streams, primarily from the sales of its oncology therapies, which include both marketed products and those under development. The company has established partnerships and collaborations with other biopharmaceutical companies, allowing it to leverage shared resources and expertise in drug development. Additionally, BeiGene receives milestone payments and royalties from these partnerships upon achieving specific clinical or regulatory objectives. Their revenue model is bolstered by a robust pipeline of investigational drugs, which, if successful in clinical trials, can lead to substantial future earnings from both direct sales and licensing agreements.

BeiGene Ltd Earnings Call Summary

Earnings Call Date:Aug 28, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Apr 01, 2026
Earnings Call Sentiment Positive
The earnings call reflects a strong performance by BeOne, with significant revenue growth driven by BRUKINSA's market leadership and robust R&D advancements. However, challenges remain due to aggressive competition and potential regulatory impacts. Overall, the positive aspects significantly outweigh the challenges.
Q2-2025 Updates
Positive Updates
Significant Revenue Growth
BeOne's revenue reached $1.3 billion, representing a 42% year-on-year growth.
BRUKINSA's Market Leadership
BRUKINSA cemented itself as the #1 BTK inhibitor in the U.S. market with global revenues growing 49% year-over-year.
Strong Financial Performance
Net income reached $94 million with diluted earnings per ADS of $0.84, and non-GAAP net income was $253 million, reflecting a $230 million increase from the previous year.
R&D and Pipeline Progress
Significant milestones achieved with over 60 abstracts presented and multiple Phase III trials initiated.
Global Expansion and Market Penetration
Revenue growth was seen across all key regions, including 43% year-over-year growth in the U.S. and 87% in Europe.
Negative Updates
Competition and Pricing Challenges
Despite strong market position, competition aggressively discounting in the BTK market.
Regulatory and Market Access Hurdles
Continued challenges with market access and potential impacts from U.S. tariffs on pharmaceutical imports.
Company Guidance
During the Q2 2025 earnings call for BeOne Medicines, the company provided strong financial guidance and updates on their strategic priorities. The company reported a revenue of $1.3 billion for the second quarter, marking a 42% year-over-year increase. BRUKINSA, the leading BTK inhibitor in the U.S. market, contributed $950 million to the global revenue, showcasing a 49% year-over-year growth. The company's gross margin improved to approximately 87%, attributed to favorable product mix and production cost efficiencies. The financial guidance for the full fiscal year 2025 was updated, with total revenue expectations ranging between $5 billion and $5.3 billion. The operating expenses are projected to remain between $4.1 billion and $4.4 billion, with a commitment to achieving positive GAAP operating income and generating positive free cash flow. The company also highlighted several upcoming R&D milestones, including global filings and pivotal data readouts for their key pipeline assets. Overall, BeOne Medicines emphasized their robust execution, strong market positioning, and continued focus on innovation and growth across their oncology portfolio.

BeiGene Ltd Financial Statement Overview

Summary
BeiGene Ltd demonstrates strong revenue growth and efficient cost management, as seen in its high gross profit margin. However, the company faces challenges in profitability and return on equity, which are areas for improvement. The balance sheet is stable with a conservative leverage approach, and cash flow generation is improving significantly, which bodes well for future financial flexibility.
Income Statement
65
Positive
BeiGene Ltd has shown a strong revenue growth rate of 9.0% in the TTM, indicating a positive trajectory in sales. The gross profit margin is impressive at 85.5%, reflecting efficient cost management. However, the company struggles with profitability, as evidenced by a negative net profit margin of -3.9% and EBIT margin of -2.2%. This suggests that while revenue is growing, the company is not yet converting this into net profits.
Balance Sheet
70
Positive
The balance sheet of BeiGene Ltd is relatively stable with a manageable debt-to-equity ratio of 0.27, indicating a conservative approach to leveraging. The equity ratio stands at 54.1%, showing a strong equity base. However, the return on equity is negative at -5.1%, highlighting challenges in generating returns for shareholders.
Cash Flow
75
Positive
The cash flow statement shows significant improvement, with a free cash flow growth rate of 181.4% in the TTM, indicating enhanced cash generation capabilities. The operating cash flow to net income ratio is 0.26, suggesting that the company is generating cash from operations, although the free cash flow to net income ratio of 0.29 indicates room for improvement in converting income into cash.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue4.97B3.81B2.46B1.42B1.18B308.87M
Gross Profit4.29B3.22B2.08B-511.06M-447.86M-1.06B
EBITDA338.62M-396.44M-1.12B-1.72B-1.39B-1.63B
Net Income68.55M-644.79M-881.71M-2.00B-1.46B-1.62B
Balance Sheet
Total Assets7.63B5.92B5.81B6.38B8.65B5.60B
Cash, Cash Equivalents and Short-Term Investments4.04B2.63B3.17B4.53B6.62B4.65B
Total Debt1.02B1.08B930.18M596.67M694.64M561.96M
Total Liabilities3.50B2.59B2.27B2.00B2.40B1.73B
Stockholders Equity4.13B3.33B3.54B4.38B6.24B3.87B
Cash Flow
Free Cash Flow463.90M-669.77M-1.75B-1.97B-1.61B-1.51B
Operating Cash Flow785.39M-140.63M-1.16B-1.50B-1.30B-1.28B
Investing Cash Flow-331.43M-548.35M60.00M1.08B640.66M-3.17B
Financing Cash Flow958.00M193.45M416.48M-18.97M3.64B5.20B

BeiGene Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price185.10
Price Trends
50DMA
195.51
Negative
100DMA
194.16
Negative
200DMA
173.53
Positive
Market Momentum
MACD
-4.87
Positive
RSI
40.44
Neutral
STOCH
34.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6160, the sentiment is Negative. The current price of 185.1 is below the 20-day moving average (MA) of 194.96, below the 50-day MA of 195.51, and above the 200-day MA of 173.53, indicating a neutral trend. The MACD of -4.87 indicates Positive momentum. The RSI at 40.44 is Neutral, neither overbought nor oversold. The STOCH value of 34.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6160.

BeiGene Ltd Risk Analysis

BeiGene Ltd disclosed 92 risk factors in its most recent earnings report. BeiGene Ltd reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

BeiGene 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
73
Outperform
HK$233.12B44.3516.09%0.95%8.68%0.82%
69
Neutral
HK$299.18B18.5725.65%1.75%11.55%64.46%
63
Neutral
HK$141.02B30.659.79%16.90%63.11%
61
Neutral
HK$143.26B112.088.41%52.78%
54
Neutral
HK$277.85B595.18-4.94%49.63%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6160
BeiGene Ltd
185.10
79.00
74.46%
HK:1801
Innovent Biologics
83.25
48.20
137.52%
HK:2269
Wuxi Biologics (Cayman)
34.16
16.78
96.55%
HK:2359
WuXi AppTec Co., Ltd. Class H
103.80
49.57
91.41%
HK:3692
Hansoh Pharmaceutical Group Company Limited
38.50
20.88
118.50%
HK:1276
Jiangsu Hengrui Pharmaceuticals Co., Ltd. Class H
70.75
17.05
31.75%

BeiGene Ltd Corporate Events

BeOne Medicines Ltd. Grants 21,274 RSUs to Employees
Dec 4, 2025

BeOne Medicines Ltd., a Swiss corporation listed on the Hong Kong Stock Exchange, announced the grant of 21,274 Restricted Share Units (RSUs) to 147 employees under its 2016 Share Option and Incentive Plan. This grant represents approximately 0.02% of the company’s total issued shares. The RSUs will vest over four years, subject to continued employment, with specific conditions for accelerated vesting in certain cases. This move is part of the company’s strategy to incentivize and retain talent, potentially impacting its operational efficiency and market competitiveness.

BeOne Medicines Grants RSUs to Employees
Nov 14, 2025

BeOne Medicines Ltd., a corporation incorporated under the laws of Switzerland, announced the grant of Restricted Share Units (RSUs) under its 2016 Share Option and Incentive Plan. On November 10, 2025, the company’s compensation committee granted a total of 16,463 RSUs, equivalent to 214,019 underlying shares, to 143 employees, representing approximately 0.01% of the total issued shares. The RSUs will vest over four years, with specific conditions for accelerated vesting. This move is part of BeOne’s strategy to incentivize its workforce and align their interests with the company’s growth objectives.

BeOne Medicines Announces Q3 2025 Financial Results and Business Updates
Nov 6, 2025

BeOne Medicines Ltd., a Swiss-incorporated company, announced its unaudited financial results for the third quarter and nine months ending September 30, 2025. The company has provided business updates and revised its financial guidance for the full year. The results, prepared under U.S. GAAP, highlight key business milestones and expectations for continued global expansion and investment. The announcement also includes insights into BeOne’s strategic focus on achieving regulatory milestones and enhancing its market position with its drug candidates.

BeOne Medicines Ltd. Announces Form 10-Q Filing
Nov 6, 2025

BeOne Medicines Ltd., a company incorporated in Switzerland, has issued an overseas regulatory announcement regarding its Form 10-Q filing with the U.S. Securities and Exchange Commission for the quarterly period ended September 30, 2025. The announcement highlights the company’s compliance with reporting requirements and provides details on its securities registered on The Nasdaq Global Select Market and The Stock Exchange of Hong Kong Limited. This filing underscores BeOne Medicines’ commitment to transparency and regulatory adherence, potentially reinforcing its credibility and stability in the market.

BeOne Medicines Secures Regulatory Waivers for Enhanced Flexibility
Oct 31, 2025

BeOne Medicines Ltd. has announced a series of waivers and exemptions from compliance with certain Hong Kong Stock Exchange Listing Rules and the Companies Ordinance. These include waivers related to the use of US GAAP, placings to connected persons, and collaboration agreements, among others. The company’s directors have taken responsibility for the accuracy of the information provided and have committed to updating the information sheet if there are material changes. This announcement highlights BeOne Medicines’ strategic moves to navigate regulatory requirements, potentially impacting its operational flexibility and stakeholder relations.

BeOne Medicines Ltd. to Announce Q3 2025 Financial Results
Oct 22, 2025

BeOne Medicines Ltd., a Swiss corporation, announced it will release its unaudited financial results for the third quarter of 2025 on November 6, 2025, following the trading hours of the Hong Kong Stock Exchange. The results will be reviewed by the audit committee on the same day, and a conference call with management will be held to discuss the financials, providing stakeholders an opportunity to engage with the company’s leadership.

BeOne Medicines Ltd. Announces Name and Stock Short Name Change
Oct 17, 2025

BeOne Medicines Ltd., formerly known as BeiGene, Ltd., has officially changed its English company name and stock short name as part of its strategic rebranding efforts. The change, effective from May 27, 2025, reflects the company’s new identity and is confirmed by the Registrar of Companies in Hong Kong. The English stock short name for trading on the HKEX will be updated to ‘BEONE MEDICINES’ starting October 22, 2025, while the stock code remains ‘06160’. This rebranding is a significant step in the company’s evolution and may influence its market presence and stakeholder engagement.

BeOne Medicines Ltd. Announces Grant of RSUs and PSUs
Oct 8, 2025

BeOne Medicines Ltd., a Swiss corporation, announced the grant of Restricted Share Units (RSUs) and Performance Share Units (PSUs) under its 2016 Share Option and Incentive Plan. On September 30, 2025, the company’s compensation committee granted 36,234 RSUs to 237 grantees and 2,935 PSUs to one grantee, representing approximately 0.03% of the total issued shares. This move is part of the company’s ongoing efforts to incentivize and retain talent, potentially impacting its operational dynamics and stakeholder interests positively.

BeOne Medicines Resolves Patent Dispute with Pharmacyclics
Oct 2, 2025

BeOne Medicines Ltd., a Swiss corporation, announced that Pharmacyclics LLC has decided not to appeal a decision by the U.S. Patent and Trademark Office, which invalidated all claims of a Pharmacyclics patent challenged by BeOne. This resolution, confirmed by a joint stipulation to dismiss related litigation, marks the end of the patent dispute, potentially strengthening BeOne’s position in the market.

BeOne Medicines Completes Employee Share Purchase Plan
Sep 12, 2025

BeOne Medicines Ltd., a Swiss corporation, announced the completion of a share purchase under its 2018 Employee Share Purchase Plan (ESPP), allowing eligible employees to buy shares at a 15% discount. A total of 62,962 ADSs, representing 818,506 shares, were purchased by 3,932 participants, equating to approximately 0.05% of the total issued shares. The initiative aims to align employee interests with shareholders and retain talent without performance targets or clawback mechanisms, with 3,179,780 shares still available for future grants.

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 11, 2025