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Transcenta Holding Limited (6628.HK)

HKD1.16 +0.13 (+12.62%)
CN HKSE Healthcare Biotechnology
Address B6-501, 218 Xinghu Street 215123
Suzhou, CN
CEO Xueming Qian
IPO 2021-09-29
ISIN KYG9005B1041

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Description

Transcenta Holding Limited is a clinical-stage biopharmaceutical company focused on the discovery, research, development, manufacturing, and commercialization of therapeutic agents within the People's Republic of China and the United States. The company boasts a comprehensive pipeline of drug candidates. In oncology, its key developments include: MSB2311, a humanized PD-L1 monoclonal antibody, currently in Phase Ib/IIa trials for various solid tumors, particularly those with high tumor mutational burden (TMB-H). TST001, a humanized claudin 18.2 monoclonal antibody undergoing Phase II clinical development for solid tumors, such as gastric cancer. TST005, a bifunctional PD-L1/TGF-ß antibody in Phase Ia clinical trials for solid tumors, including certain types of lung cancer. TST010, an antibody designed to target regulatory T cells, aiming to bolster T cell-mediated anti-tumor activity. TST003, an antibody addressing a novel immune regulatory protein produced by tumor-associated fibroblasts or tumor cells exhibiting a mesenchymal phenotype. TST006, a bispecific antibody targeting both claudin 18.2 and PD-L1. TST008, a trifunctional antibody that combines a MASP2 antibody with a truncated transmembrane activator and CAML interactor protein. MSB0254, a humanized VEGFR-2 monoclonal antibody also in Phase Ib/IIa clinical studies for solid tumors. Beyond cancer, Transcenta is advancing: TST002 (Blosozumab), a humanized sclerostin monoclonal antibody for the treatment of osteoporosis. TST004, a humanized mannan-binding lectin serine protease 2 (MASP 2) monoclonal antibody intended for IgA kidney diseases. The company has forged collaboration agreements with prominent organizations, including Eli Lilly and Company, Alebund Pharmaceuticals, and Merck. Founded in 2010 as MabSpace International Limited, the entity adopted the name Transcenta Holding Limited in June 2019. Its corporate headquarters are located in Suzhou, People's Republic of China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD1.16 +0.13 (+12.62%)
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Volume Profile
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Liquidity & share structure
Average Volume
849.9K
Beta
-0.48
Float Shares
245.76M
Free Float %
57.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.64% -18.97% -29.15% -31.60% -41.91% -25.47% -2.47% -69.38% -88.07% -88.07% -88.07%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.16
Ratings Trend (MoM) 100% Bullish
Rating 2026-01 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-6.04
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    -35.7% Q2'25: -40.6% (vs Q2'24)
  • EPS growth Biotechnology: +29.7%
    +33.3% Q2'25: +18.8% (vs Q2'24)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -2,395.0% Q2'25: -2,951.6% (vs Q2'24)
  • EBIT margin Biotechnology: +0.0%
    -2,699.8% Q2'25: -4,211.6% (vs Q2'24)
  • ROIC Biotechnology: -16.1%
    -26.8% Q2'25: -31.3% (vs Q2'24)
  • Share dilution Biotechnology: -3.4%
    +2.3% Q2'25: +0.3% (vs Q2'24)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -0.82× Q2'25: -0.68× (vs Q2'24)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.43) × ERP
WACC = 82% × Ke + 18% × Kd (5.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.16
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
Revenue
50.24M
est: 50.05M (+0.4%)
101.89M
est: 68.85M (+48.0%)
53.85M
est: 20.77M (+159.3%)
11.26M
est: 9.14M (+23.3%)
7.24M
est: 11.73M (-38.3%)
13.45M
13.45M – 13.45M
+14.6% YoY
30.74M
29.74M – 31.74M
+128.6% YoY
335.57M
335.57M – 335.57M
+991.7% YoY
EBITDA
-1.65B
est: -50.05M (-3,192.7%)
-334.09M
est: -68.85M (-385.3%)
-393.01M
est: -20.77M (-1,792.2%)
-233.12M
est: -9.14M (-2,451.9%)
-153.11M
est: -11.73M (-1,204.9%)
-13.45M
-13.45M – -13.45M
-14.6% YoY
-30.74M
-31.74M – -29.74M
-128.6% YoY
-335.57M
-335.57M – -335.57M
-991.7% YoY
EBIT
-1.70B
est: -50.05M (-3,297.5%)
-389.36M
est: -68.85M (-465.5%)
-446.80M
est: -20.77M (-2,051.1%)
-280.55M
est: -9.14M (-2,971.2%)
-195.54M
est: -11.73M (-1,566.5%)
-13.45M
-13.45M – -13.45M
-14.6% YoY
-30.74M
-31.74M – -29.74M
-128.6% YoY
-335.57M
-335.57M – -335.57M
-991.7% YoY
Net Income
-1.72B
est: -2.03B (+15.7%)
-406.75M
est: -471.47M (+13.7%)
-462.57M
est: -340.35M (-35.9%)
-290.29M
est: -291.05M (+0.3%)
-198.45M
est: -271.35M (+26.9%)
-278.51M
-278.51M – -278.51M
-2.6% YoY
-282.49M
-282.49M – -282.49M
-1.4% YoY
— – —
+100.0% YoY
SGA
89.78M
est: 63.41M (+41.6%)
49.06M
est: 87.22M (-43.7%)
49.87M
est: 56.46M (-11.7%)
30.64M
est: 24.83M (+23.4%)
55.59M
est: 31.89M (+74.3%)
36.56M
36.56M – 36.56M
+14.6% YoY
83.55M
80.84M – 86.27M
+128.6% YoY
912.15M
912.15M – 912.15M
+991.7% YoY
EPS
-9.34
est: -5.03 (-85.9%)
-0.97
est: -1.16 (+16.7%)
-1.14
est: -0.82 (-38.7%)
-0.72
est: -0.70 (-2.5%)
-0.48
est: -0.66 (+26.7%)
-0.67
-0.67 – -0.67
-2.6% YoY
-0.68
-0.68 – -0.68
-1.4% YoY
— – —
+100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-28 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-27 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-26 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-22 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-21 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-20 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-19 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-08 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-05-07 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-05-06 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-05-05 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-05-04 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-04-30 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-04-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-276.04M
OE per share TTM
-0.68
Owner's Yield
-42.18%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
840.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 9.5K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-10.6K
Shares Outstanding
426.20M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Xueming Qian Executive Chairman & Chief Executive Officer 3M
Li Xu Head of CDx, Member of Scientific Advisory Board, Strategic Advisor to Chief Executive Officer & Non-Executive Director 2M
Fan Zhang SVP of Process Development
Kwan Wai Leung Company Secretary female
Tyler Marciniak SVP of Capital Markets, Investor Relations & Corporate Communications male
Wei Wang Vice President of Investor Relations & Capital Markets Department and Secretary to the Board female
Weiwei Liang Acting Chief Financial Officer, Senior Vice President of Business Development Transaction & Corporate Strategy male
Wen-I Chang Senior Vice President of Oncology Franchise Strategy
Charlie Qi Chief Medical Officer, Executive VP & Head of Global R&D
Yi Gu Senior Vice President & Head of Research
Christopher Hwang Head of Global Partnerships for HiCB Platform & Member of Scientific Advisory Board
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits