SEHK:9939

Stock Analysis Report

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Market Cap

HK$20.0b

Last Updated

2021/06/17 16:37 UTC

Data Sources

Company Financials +

Executive Summary

Kintor Pharmaceutical Limited, a biopharmaceutical company, engages in the research and development of drugs for the treatment of various cancers and other androgen receptor (AR) - related diseases in China, the United States, and Taiwan. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.

Share Price & News

How has Kintor Pharmaceutical's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9939 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: 9939's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.


Market Performance


7 Day Return

-12.2%

9939

-4.6%

HK Biotechs

-1.5%

HK Market


1 Year Return

231.4%

9939

42.8%

HK Biotechs

21.7%

HK Market

Return vs Industry: 9939 exceeded the Hong Kong Biotechs industry which returned 42.8% over the past year.

Return vs Market: 9939 exceeded the Hong Kong Market which returned 21.7% over the past year.


Shareholder returns

9939IndustryMarket
7 Day-12.2%-4.6%-1.5%
30 Day-29.1%3.7%-0.9%
90 Day67.5%12.7%-2.5%
1 Year231.4%231.4%43.0%42.8%26.2%21.7%
3 Yearn/a-10.4%-11.8%9.7%-1.9%
5 Yearn/a65.9%60.0%56.3%29.7%

Long-Term Price Volatility Vs. Market

How volatile is Kintor Pharmaceutical's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kintor Pharmaceutical undervalued compared to its fair value and its price relative to the market?

10.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 9939 (HK$51.5) is trading above our estimate of fair value (HK$36.34)

Significantly Below Fair Value: 9939 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 9939 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Biotechs industry average.

PE vs Market: 9939 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9939's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 9939 is overvalued based on its PB Ratio (10.4x) compared to the HK Biotechs industry average (4.1x).


Future Growth

How is Kintor Pharmaceutical forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

75.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9939 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: 9939 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 9939's is expected to become profitable in the next 3 years.

Revenue vs Market: Insufficient data to determine if 9939's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 9939's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9939's Return on Equity is forecast to be low in 3 years time (7.2%).


Past Performance

How has Kintor Pharmaceutical performed over the past 5 years?

-53.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9939 is currently unprofitable.

Growing Profit Margin: 9939 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 9939 is unprofitable, and losses have increased over the past 5 years at a rate of 53% per year.

Accelerating Growth: Unable to compare 9939's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 9939 is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (43.1%).


Return on Equity

High ROE: 9939 has a negative Return on Equity (-33.71%), as it is currently unprofitable.


Financial Health

How is Kintor Pharmaceutical's financial position?


Financial Position Analysis

Short Term Liabilities: 9939's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥169.3M).

Long Term Liabilities: 9939's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥174.2M).


Debt to Equity History and Analysis

Debt Level: 9939's debt to equity ratio (14.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 9939's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 9939 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 9939 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Kintor Pharmaceutical current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 9939's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 9939's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 9939's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9939's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 9939's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Youzhi Tong (59 yo)

no data

Tenure

Dr. Youzhi Tong is the Chairman of the Board and Chief Executive Officer of Kintor Pharmaceutical Ltd and has been its Executive Director since May 16, 2018. Dr. Tong is primarily responsible for the overa...


Leadership Team

Experienced Management: 9939's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: 9939's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 9939 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.9%.


Top Shareholders

Company Information

Kintor Pharmaceutical Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kintor Pharmaceutical Limited
  • Ticker: 9939
  • Exchange: SEHK
  • Founded: 2009
  • Industry: Biotechnology
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: HK$19.961b
  • Shares outstanding: 387.59m
  • Website: https://www.kintor.com.cn

Number of Employees


Location

  • Kintor Pharmaceutical Limited
  • No. 20 Songbei Road
  • Suzhou Industrial Park
  • Suzhou
  • Jiangsu Province
  • 215123
  • China

Listings


Biography

Kintor Pharmaceutical Limited, a biopharmaceutical company, engages in the research and development of drugs for the treatment of various cancers and other androgen receptor (AR) - related diseases in Chin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/17 16:37
End of Day Share Price2021/06/17 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.