tiprankstipranks
Trending News
More News >
Genor Biopharma Holdings Limited (HK:6998)
:6998

Genor Biopharma Holdings Limited (6998) AI Stock Analysis

Compare
3 Followers

Top Page

HK:6998

Genor Biopharma Holdings Limited

(6998)

Select Model
Select Model
Select Model
Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
HK$2.50
▼(-18.30% Downside)
The score is held back primarily by ongoing losses and continued cash burn despite the 2024 revenue rebound and strong gross margin, with additional pressure from a clear technical downtrend and a relatively high P/E with no dividend support.
Positive Factors
2024 revenue rebound
A large revenue step-up in 2024 establishes a recurring commercial base rather than prior minimal sales, improving visibility for near-term scale. Durable impact: sustained sales can fund R&D and manufacturing investment and improve operating leverage over months.
Very high gross margin
Extremely high gross margins imply strong unit economics and pricing power for its biologics portfolio. Over the medium term this margin profile supports faster path to profitability as fixed manufacturing and R&D costs are absorbed with volume growth.
Conservative leverage
Near-zero debt provides meaningful financial flexibility for a biotech in development and commercialization phases. This reduces refinancing and interest risks, allowing the company to prioritize capex, R&D, or strategic deals without near-term debt pressure.
Negative Factors
Persistent negative cash flow
Negative operating and free cash flow across periods indicates ongoing cash burn despite revenue growth, requiring external funding or liquidity draws. This structurally limits reinvestment optionality and raises dilution or funding risk over the next several quarters.
Ongoing net losses
Persistent negative EBIT/EBITDA and net losses show the business is still in heavy investment mode with unclear near-term profitability. Without durable expense control or sustained margin expansion, earnings visibility remains weak across the medium term.
Equity erosion / dilution risk
Declining equity suggests prior losses and potential financing have eroded shareholder capital. Structurally, continued cash needs could force further equity raises, diluting holders and reducing per-share asset cushions over the coming quarters.

Genor Biopharma Holdings Limited (6998) vs. iShares MSCI Hong Kong ETF (EWH)

Genor Biopharma Holdings Limited Business Overview & Revenue Model

Company DescriptionGenor Biopharma Holdings Limited, a biopharmaceutical company, focuses on developing and commercializing oncology and autoimmune drugs in China and internationally. The company's principal drug candidates include GB242, an infliximab (Remicade) biosimilar for the treatment of rheumatoid arthritis, ankylosing spondylitis, psoriasis, adult ulcerative colitis, adult and pediatric crohn's disease, and fistulising crohn's disease; GB491 (lerociclib), an oral CDK4/6 inhibitor for treating hormone receptor-positive (HR+)/HER2- breast cancer and is under Phase III clinical trials; and GB492, a stimulator of interferon genes (STING) agonist expected to exert synergistic effects in combination with GB226 for solid tumors and is under Phase 1/2 clinical trial. Further, it develops GB221, a herceptin (trastuzumab)-mimic HER2 monoclonal antibody (mAb) drug candidate; geptanolimab (GB226), a novel PD-1 mAb drug candidate; GB223, a receptor activator of nuclear factor-B Ligand (RANKL) mAb drug candidate, which is under Phase I clinical trial; and GB261 to treat B-cell non-Hodgkin Lymphoma and is under Phase I Clinical trials. In addition, the company's product candidates under clinical trials include GB262, GB264, GB265, and GB 266 for the treatment of cancer. Genor Biopharma Holdings Limited was formerly known as JHBP (CY) Holdings Limited and changed its name to Genor Biopharma Holdings Limited in June 2021. The company was founded in 2007 and is headquartered in Shanghai, China.
How the Company Makes MoneyGenor Biopharma Holdings Limited generates revenue primarily through the commercialization of its proprietary biologic drugs and therapeutic products. The company’s revenue model includes sales of its approved drugs, licensing agreements, and strategic collaborations or partnerships with other pharmaceutical companies. These partnerships often involve co-development and co-commercialization arrangements, which can provide upfront payments, milestone payments, and royalties. Additionally, Genor Biopharma may engage in research and development service contracts, contributing further to its revenue streams. The company leverages its scientific expertise and innovative technology platforms to enhance product development and optimize its market presence.

Genor Biopharma Holdings Limited Financial Statement Overview

Summary
Revenue rebounded sharply in 2024 with extremely high gross margin and very low leverage, but the company remains loss-making with negative EBIT/EBITDA and persistent negative operating/free cash flow, keeping overall financial quality and sustainability pressured.
Income Statement
32
Negative
Revenue rebounded sharply in 2024 (Annual) to ~206.2M after minimal/zero revenue in prior years, and gross margin is extremely high in 2024. However, profitability remains weak: the company is still loss-making (negative net margin and negative EBIT/EBITDA in 2024), reflecting a business still in heavy investment mode with limited earnings visibility. Overall, strong top-line inflection but earnings quality and consistency are not yet established.
Balance Sheet
74
Positive
The balance sheet is conservatively levered, with very low debt relative to equity across recent years (debt-to-equity near zero in 2024). This provides meaningful financial flexibility for a biotech company. The key weakness is sustained negative returns on equity driven by ongoing net losses, and equity has trended down from earlier peaks, indicating continued value dilution/consumption from operating losses.
Cash Flow
27
Negative
Cash generation is the primary pressure point: operating cash flow and free cash flow are negative across all periods, including 2024 (Annual), and free cash flow deterioration is evident versus the prior year. While cash burn improved materially compared with the very large outflows seen in earlier years, the company still relies on external funding or existing liquidity to sustain operations until it reaches cash-flow breakeven.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue224.00M206.23M0.0015.93M0.0010.33M
Gross Profit223.01M204.89M0.0014.95M0.007.74M
EBITDA10.07M-5.15M-551.01M-675.89M-840.19M-2.98B
Net Income20.15M-51.28M-674.36M-730.40M-865.37M-3.03B
Balance Sheet
Total Assets1.32B1.29B1.45B2.12B2.86B3.57B
Cash, Cash Equivalents and Short-Term Investments1.01B1.06B1.17B1.59B2.20B2.93B
Total Debt745.00K911.00K7.16M28.59M57.41M31.06M
Total Liabilities226.09M138.05M256.18M309.87M369.73M336.32M
Stockholders Equity1.10B1.15B1.19B1.80B2.49B3.23B
Cash Flow
Free Cash Flow-32.86M-123.55M-426.15M-590.56M-695.13M-885.01M
Operating Cash Flow-32.37M-121.98M-425.12M-577.61M-623.74M-786.72M
Investing Cash Flow-295.42M8.01M5.99M-12.94M-54.26M-98.24M
Financing Cash Flow540.50K-1.56M-6.82M-57.39M17.57M3.74B

Genor Biopharma Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.06
Price Trends
50DMA
3.06
Negative
100DMA
3.39
Negative
200DMA
3.14
Negative
Market Momentum
MACD
-0.18
Negative
RSI
42.29
Neutral
STOCH
73.53
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6998, the sentiment is Negative. The current price of 3.06 is above the 20-day moving average (MA) of 2.55, above the 50-day MA of 3.06, and below the 200-day MA of 3.14, indicating a bearish trend. The MACD of -0.18 indicates Negative momentum. The RSI at 42.29 is Neutral, neither overbought nor oversold. The STOCH value of 73.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6998.

Genor Biopharma Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
60
Neutral
HK$3.18B392.380.99%9.41%-32.69%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
48
Neutral
HK$5.02B56.312.04%1447.56%
47
Neutral
HK$2.02B-6.68-14.84%-38.38%-22.12%
44
Neutral
HK$1.28B-13.25-14.87%22.65%
43
Neutral
HK$1.60B-6.0127.90%
41
Neutral
HK$1.01B-1.48-51.56%2.45%2.58%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6998
Genor Biopharma Holdings Limited
2.50
0.62
32.98%
HK:1875
TOT BIOPHARM International Co. Ltd.
4.12
2.28
123.91%
HK:2126
JW (Cayman) Therapeutics Co. Ltd.
2.42
1.01
71.63%
HK:2185
Shanghai Bio-Heart Biological Technology Co., Ltd. Class H
5.26
3.56
209.41%
HK:6622
Zhaoke Ophthalmology Ltd.
3.68
2.34
174.63%
HK:6978
Immunotech Biopharm Ltd
2.59
0.09
3.60%

Genor Biopharma Holdings Limited Corporate Events

Edding Genor Launches Flexible On-Market Share Buyback Plan
Jan 22, 2026

Edding Genor Group Holdings Limited has announced that its board intends to conduct on-market share repurchases from time to time under a general mandate granted by shareholders at the company’s 26 June 2025 annual general meeting. The repurchased shares may be cancelled, held in treasury, sold or transferred as the company deems appropriate, with the board stating that this capital management move is in the interests of the company and its shareholders, though it emphasized that any buybacks will depend on market conditions and regulatory compliance and provided no assurance on timing, volume or pricing, urging investors to exercise caution when dealing in its securities.

The most recent analyst rating on (HK:6998) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Genor Biopharma Holdings Limited stock, see the HK:6998 Stock Forecast page.

Edding Genor Outlines Board and Committee Structure to Bolster Governance
Dec 29, 2025

Edding Genor Group Holdings Limited has announced the current composition of its board of directors, listing executive, non-executive and independent non-executive directors, including Ni Xin and Zhai Jing as executive directors. The company also disclosed the membership and chairmanship roles across its three key board committees—audit, compensation and nomination—clarifying oversight responsibilities and governance structure, which may enhance transparency and strengthen corporate governance for shareholders and other stakeholders.

Edding Genor Completes Reverse Takeover Merger and Major Corporate Overhaul
Dec 29, 2025

Edding Genor Group Holdings Limited has completed a very substantial acquisition via a merger between its merger subsidiary and the target company, with the transaction structured as a reverse takeover and satisfied through the issue of approximately 1.48 billion consideration shares under a specific mandate. The merger’s effective completion on 30 December 2025 follows shareholder approval and listing consent for the new shares, and is accompanied by a broad corporate overhaul including a new company name, logo and website, adoption of a one-off share option plan, removal of the stock marker, and changes to the board, board committees, authorised representatives, joint company secretaries and principal place of business in Hong Kong, signalling a significant repositioning of the group’s capital structure and governance for its next phase of development.

Genor Biopharma Wins Approval to Drop Biotech “-B” Marker After Revenue-Boosting Merger
Dec 22, 2025

Genor Biopharma announced that the Hong Kong Stock Exchange has conditionally approved the dis-application of specific biotech listing rules to the company, effective upon completion of its proposed merger, after confirming that the enlarged group will meet the market capitalization and revenue thresholds under the main board’s standard Rule 8.05(3). Once the merger closes, the company’s shares will no longer carry the “-B” marker that denotes pre-revenue biotech issuers, its stock short name will change accordingly while the stock code remains 6998, and existing share certificates will remain valid, underscoring Genor’s transition from a Chapter 18A biotech issuer to a fully qualifying main board company with enhanced scale and financial profile.

Genor Biopharma Shareholders Approve Merger, Whitewash Waiver and Capital Increase
Dec 22, 2025

Genor Biopharma Holdings Limited announced that all resolutions proposed at its extraordinary general meeting on 22 December 2025 were duly passed by poll, including approval of a merger agreement dated 13 September 2024 with a target company and the related issuance of consideration shares under a specific mandate. Shareholders also approved the grant of a whitewash waiver, consent to a special deal and an increase in the company’s authorised share capital, measures that collectively facilitate the proposed merger and potential new listing, and position the company for larger-scale equity financing and strategic expansion, with directors authorised to execute all necessary documents and actions to implement these transactions.

Genor Biopharma’s Lerociclib Gains Inclusion in China’s National Reimbursement Drug List
Dec 8, 2025

Genor Biopharma Holdings Limited announced the inclusion of its drug Lerociclib (GB491) in China’s National Reimbursement Drug List, effective January 2026. This inclusion is expected to enhance patient access, reduce financial burdens, and accelerate the drug’s commercialization and market penetration, thereby increasing returns for innovation.

Genor Biopharma Announces EGM and Member Register Closure
Dec 4, 2025

Genor Biopharma Holdings Limited, a company incorporated in the Cayman Islands, announced the closure of its register of members in preparation for an extraordinary general meeting (EGM) scheduled for December 22, 2025. The closure will occur from December 18 to December 22, during which no share transfers will be registered. This meeting is significant for shareholders as it determines their eligibility to attend and vote, impacting their engagement and influence in company decisions.

Genor Biopharma Announces Strategic Merger and Corporate Restructuring
Dec 4, 2025

Genor Biopharma Holdings Limited has announced a series of significant corporate actions, including a proposed merger, a reverse takeover, and an increase in authorized share capital. These moves are part of a strategic effort to enhance the company’s market positioning and operational capabilities. The proposed merger involves issuing consideration shares under a specific mandate, and the company is applying for a whitewash waiver to facilitate this process. Additionally, a special deal related to a retention plan for shareholder personnel and a proposed change of company name are part of the comprehensive strategy. The company has also planned the adoption of a one-off share option plan to incentivize key personnel. These initiatives are subject to shareholder approval and regulatory conditions, with potential implications for the company’s future growth and stakeholder interests.

Genor Biopharma Announces EGM for Merger and Retention Plan Approval
Dec 4, 2025

Genor Biopharma Holdings Limited has announced an Extraordinary General Meeting to be held on December 22, 2025, to discuss and potentially approve a proposed merger and a retention plan. The merger involves a specific mandate to issue shares to target shareholders, while the retention plan requires approval under the Takeovers Code. These resolutions, if passed, could significantly impact the company’s strategic direction and shareholder value.

Genor Biopharma Announces Major Corporate Actions and Proposed Merger
Nov 27, 2025

Genor Biopharma Holdings Limited has announced a series of significant corporate actions, including a proposed merger and a reverse takeover, which involve the issuance of consideration shares and a new listing application. The company is also seeking a whitewash waiver and plans to increase its authorized share capital and adopt a one-off share option plan. The dispatch of the circular related to these transactions has been delayed, with the company working closely with regulators to address comments and finalize the information. The proposed merger and associated actions are subject to various conditions and approvals, and shareholders are advised to exercise caution.

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: Jan 29, 2026