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Immunotech Biopharm Ltd (HK:6978)
:6978
Hong Kong Market

Immunotech Biopharm Ltd (6978) AI Stock Analysis

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HK

Immunotech Biopharm Ltd

(6978)

Rating:37Underperform
Price Target:
Immunotech Biopharm Ltd is in a difficult financial position, with no revenue and persistent losses, resulting in a very low financial performance score. The company’s technical indicators suggest some stability in stock price, but the valuation remains unfavorable due to negative earnings and lack of dividends. These factors contribute to the lowest possible score, indicating significant risks and challenges facing the company.

Immunotech Biopharm Ltd (6978) vs. iShares MSCI Hong Kong ETF (EWH)

Immunotech Biopharm Ltd Business Overview & Revenue Model

Company DescriptionImmunotech Biopharm Ltd, a cellular immunotherapy biopharmaceutical company, focuses on the research, development, and commercialization of T cell immunotherapy products for the treatment of cancers in the People's Republic of China. Its core product is EAL, a multi-target cellular immunotherapy product that is in Phase II clinical trials for the prevention of postsurgical recurrence of liver cancer. The company is also conducting pre-clinical and clinical trial studies for EAL to treat lung cancer, glioma, gastric cancer, and colorectal cancer. In addition, it develops 6B11-OCIK injection that is in Phase I clinical trial for ovarian cancer; CAR-T-19 injection product for B-cell acute lymphoblastic leukaemia; and TCR-T cell series products to treat solid tumors. The company was founded in 2006 and is headquartered in Beijing, the People's Republic of China.
How the Company Makes MoneyImmunotech Biopharm Ltd generates revenue through the development and commercialization of its proprietary cellular immunotherapy products. The company's primary revenue streams include the sale of its approved therapies and treatments to healthcare providers and hospitals. Additionally, Immunotech Biopharm Ltd may engage in partnerships or licensing agreements with other pharmaceutical companies, which can provide upfront payments, milestone payments, and royalties based on product sales. The company's earnings are also influenced by its investment in research and development, which can lead to the discovery of new treatments and expansion of its product portfolio.

Immunotech Biopharm Ltd Financial Statement Overview

Summary
Immunotech Biopharm Ltd faces severe financial challenges, including zero revenue generation, persistent losses, and negative equity. Although there is minor improvement in net losses, the lack of operational cash flow and depleted cash reserves highlight significant liquidity issues. The company's financial health is precarious, with urgent need for strategic pivots or additional funding to sustain operations.
Income Statement
10
Very Negative
Immunotech Biopharm Ltd consistently reports zero revenue, indicating the absence of commercial operations or product sales. The company shows persistent net losses, with a slight improvement in net income from -334.8 million in 2023 to -186.9 million in 2024. The EBIT and EBITDA margins remain negative, reflecting ongoing operational challenges and high costs relative to non-existent revenue.
Balance Sheet
15
Very Negative
The balance sheet reveals a concerning negative stockholders' equity of -13.3 million in 2024, indicating financial instability and potential insolvency issues. The debt-to-equity ratio cannot be used due to negative equity, and the overall equity ratio is negative. The company has significantly reduced cash reserves from 177 million in 2023 to 57.5 million in 2024, limiting financial flexibility.
Cash Flow
20
Very Negative
Cash flow analysis shows no free cash flow in 2024, with previous years reflecting negative free cash flow trends. The operating cash flow was zero in 2024, suggesting potential issues with cash generation from core activities. Despite past reliance on financing activities, there is reduced financing cash flow in 2024, pointing towards funding constraints.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
0.000.000.000.000.00
EBIT
-198.78M-230.55M-280.24B-333.35M-419.83M
EBITDA
-148.68M-178.83M-236.16M-324.33M-333.99M
Net Income Common Stockholders
-186.91M-334.82M-352.83M-375.49M-458.34M
Balance SheetCash, Cash Equivalents and Short-Term Investments
57.49M176.97M79.46M353.34M845.39M
Total Assets
564.04M846.28M879.44M1.10B1.21B
Total Debt
116.46M457.17M149.81M111.05M51.06M
Net Debt
69.50M405.01M91.36M-242.29M-794.33M
Total Liabilities
580.50M675.39M373.07M274.51M81.38M
Stockholders Equity
-13.30M173.62M508.44M822.26M1.13B
Cash FlowFree Cash Flow
0.00-186.17M-277.49M-435.89M-339.34M
Operating Cash Flow
0.00-163.63M-180.92M-254.65M-263.67M
Investing Cash Flow
0.00-116.60M23.38M-328.21M-204.07M
Financing Cash Flow
0.00273.92M-36.06M-11.00M1.05B

Immunotech Biopharm Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.07
Price Trends
50DMA
3.51
Negative
100DMA
3.58
Negative
200DMA
2.96
Positive
Market Momentum
MACD
-0.12
Negative
RSI
42.23
Neutral
STOCH
16.29
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6978, the sentiment is Negative. The current price of 3.07 is below the 20-day moving average (MA) of 3.15, below the 50-day MA of 3.51, and above the 200-day MA of 2.96, indicating a neutral trend. The MACD of -0.12 indicates Negative momentum. The RSI at 42.23 is Neutral, neither overbought nor oversold. The STOCH value of 16.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6978.

Immunotech Biopharm 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
51
Neutral
$7.32B0.30-60.36%2.39%17.47%1.73%
37
Underperform
HK$1.58B-228.99%44.88%
$12.49B28.618.17%
€144.60M-4.30%
58
Neutral
HK$3.28B18.364.47%-9.75%
55
Neutral
HK$81.95B-8.98%-54.66%-123.11%
52
Neutral
HK$32.10B-19.78%25.96%39.58%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6978
Immunotech Biopharm Ltd
3.07
-0.05
-1.60%
WXIBF
Wuxi Biologics (Cayman)
3.25
1.87
135.51%
DE:67N0
Genor Biopharma Holdings Limited
0.27
0.15
125.00%
HK:9926
Akeso, Inc.
91.30
53.10
139.01%
HK:1873
Viva Biotech Holdings
1.55
1.03
198.08%
HK:1877
Shanghai Junshi Biosciences Co., Ltd. Class H
20.40
9.20
82.14%

Immunotech Biopharm Ltd Corporate Events

Immunotech Biopharm Ltd Announces 2025 AGM and Key Resolutions
Apr 29, 2025

Immunotech Biopharm Ltd has announced its upcoming Annual General Meeting (AGM) scheduled for May 23, 2025, in Beijing, China. The meeting will address several key resolutions including the adoption of financial statements, re-election of directors, and granting a mandate to the board for share issuance. These resolutions are crucial for the company’s governance and strategic planning, potentially impacting its market operations and investor relations.

Immunotech Biopharm Ltd Announces Board Changes
Apr 25, 2025

Immunotech Biopharm Ltd has announced a change in its board of directors, with Ms. Yu Xiaohui appointed as a non-executive director and a member of the audit committee, replacing Mr. Tao Ran who resigned due to other job arrangements. This leadership change reflects the company’s ongoing strategic adjustments and may influence its future direction in the pharmaceutical sector.

Immunotech Biopharm Ltd Announces Board and Committee Roles
Apr 25, 2025

Immunotech Biopharm Ltd has announced the composition of its board of directors and the roles within its established committees. This organizational update reflects the company’s commitment to strong governance and strategic leadership, potentially impacting its operational efficiency and stakeholder confidence.

Immunotech Biopharm Ltd Reports Improved Financials and Clinical Trial Progress
Mar 31, 2025

Immunotech Biopharm Ltd announced its annual results for the year ended December 31, 2024, highlighting significant financial improvements. The company reported a substantial increase in other income and a notable decrease in losses before tax and total comprehensive expenses. Additionally, research and development, as well as administrative expenses, saw reductions. On the business front, the company made progress in its clinical trials, with EAL® receiving priority review in China and the conditional NDA being accepted. The 6B11-OCIK Injection completed Phase I trials, with plans to proceed to Phase II. These developments indicate a positive trajectory for the company’s operations and potential growth in the biopharmaceutical sector.

Immunotech Biopharm’s EAL® Drug Application Accepted by Chinese Authorities
Mar 31, 2025

Immunotech Biopharm Ltd announced that the conditional new drug application for its core product candidate, EAL®, has been accepted by the Centre for Drug Evaluation of the National Medical Products Administration of China. EAL® is a multi-target cellular immunotherapy product with a decade-long track record in treating various cancers. This acceptance marks a significant step for the company in advancing its product pipeline and potentially strengthens its position in the biopharmaceutical industry, although future approvals and successful marketing are not guaranteed.

Immunotech Biopharm Ltd Postpones Board Meeting to Finalize Annual Results
Mar 24, 2025

Immunotech Biopharm Ltd has announced the postponement of its board meeting initially scheduled for March 28, 2025, to March 31, 2025. This delay is due to the need for additional time to finalize the company’s annual results for the year ending December 31, 2024, which could impact the company’s reporting schedule and stakeholder expectations.

Immunotech Biopharm Ltd Schedules Board Meeting for Annual Results
Mar 13, 2025

Immunotech Biopharm Ltd has announced that its board of directors will meet on March 28, 2025, to consider and approve the company’s annual results for the year ending December 31, 2024. This meeting is crucial as it will determine the financial performance of the company and could influence its market positioning and stakeholder confidence.

Immunotech Biopharm Prepares Conditional Approval Submission for EAL®
Feb 28, 2025

Immunotech Biopharm Ltd has announced that it is preparing to submit an application for conditional approval of its core product candidate, EAL®, to the Center for Drug Evaluation of the National Medical Products Administration in China. EAL® is a multi-target cellular immunotherapy product used in cancer treatment, and the company has completed Phase II clinical trials with 430 patients. The submission will be subject to rigorous evaluation, and there is no guarantee of approval, but this step represents a significant development in the company’s efforts to bring EAL® to market.

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.