ImmuneOnco Biopharmaceuticals (Shanghai) Full Year 2023 Earnings: CN¥1.05 loss per share (vs CN¥1.21 loss in FY 2022)
ImmuneOnco Biopharmaceuticals (Shanghai) (HKG:1541) Full Year 2023 Results
Key Financial Results
- Net loss: CN¥379.5m (loss narrowed by 5.8% from FY 2022).
- CN¥1.05 loss per share (improved from CN¥1.21 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ImmuneOnco Biopharmaceuticals (Shanghai) Earnings Insights
Looking ahead, revenue is expected to decline by 119% p.a. on average during the next 2 years, while revenues in the Biotechs industry in Hong Kong are expected to grow by 25%.
Performance of the Hong Kong Biotechs industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with ImmuneOnco Biopharmaceuticals (Shanghai) (at least 1 which is a bit unpleasant), and understanding them should be part of your investment process.
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About SEHK:1541
ImmuneOnco Biopharmaceuticals (Shanghai)
A biotechnology company, engages in the research and development of immuno-oncology therapies in the People’s Republic of China.
Excellent balance sheet and overvalued.