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Nanjing Leads Biolabs Co Ltd (9887.HK)

HKD71.00 +10.75 (+17.84%)
CN HKSE Healthcare Biotechnology
Address Building 03 210019
Nanjing, CN
CEO Xiaoqiang Kang
IPO 2025-07-25
ISIN CNE1000070H8

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Description

Nanjing Leads Biolabs Co., Ltd. is a biotechnology firm currently in the clinical development phase, dedicated to the global discovery, progression, and eventual market launch of innovative antibody-based medications. The company's therapeutic endeavors concentrate on various critical illnesses, including cancerous growths, autoimmune disorders, and other serious medical conditions. A prominent product in its development pipeline is LBL-024, a bispecific antibody engineered to target PD-L1 and 4-1BB, specifically for the treatment of extra-pulmonary neuroendocrine carcinoma. Other significant compounds under development include LBL-034, LBL-033, and LBL-007. Nanjing Leads Biolabs also leverages its proprietary LeadsBody platform, which focuses on CD3 T-cell engagers that have demonstrated promising anti-tumor effects and safety in preliminary studies, as well as the X-body platform, which specializes in 4-1BB/PD-L1 bispecific antibodies. Beyond these, the company is actively researching antibody treatments for oncological, autoimmune, and infectious diseases, and is also engaged in establishing tumor immunoassays. Established in 2012, its primary operations are based in Nanjing, 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
HKD71.00 +10.75 (+17.84%)
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Volume Profile
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Liquidity & share structure
Average Volume
853.1K
Beta
1.64
Float Shares
96.16M
Free Float %
48.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.41% -5.69% -28.51% -13.20% +1.22% +5.69% -19.67% -19.67% -19.67% -19.67% -19.67%
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
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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
71.00
DCF (Unlevered) 8.15 -88.5%
DCF (Levered) 5.66 -92.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 75% Bullish
Rating 2026-06 Change
Strong Buy 1 0
Buy 2 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
10.52
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
3 / 5
Medium
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%
  • EPS growth Biotechnology: +29.7%
    -365.5% Q4'25: +69.0% (vs Q4'24)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -119.0% Q4'25: +0.0% (vs Q4'24)
  • EBIT margin Biotechnology: +0.0%
    -109.8% Q4'25: -15.2% (vs Q4'24)
  • ROIC Biotechnology: -16.1%
    Q4'25: +3,222.6% (vs Q4'24)
  • Share dilution Biotechnology: -3.4%
    +16.1% Q4'25: +25.7% (vs Q4'24)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -1.41× Q4'25: -7.35× (vs Q4'24)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.64) × ERP
WACC = 97% × Ke + 3% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 8.13 Current price: 71.00
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 2025
actual
Dec 2026
4 Rev. Ana.
2 EPS Ana.
Dec 2027
4 Rev. Ana.
2 EPS Ana.
Dec 2028
2 Rev. Ana.
1 EPS Ana.
Dec 2029
3 Rev. Ana.
1 EPS Ana.
Revenue
197.20M
est: 194.75M (+1.3%)
245.63M
148.49M – 334.11M
+26.1% YoY
521.21M
198.19M – 972.37M
+112.2% YoY
750.24M
334.22M – 1.29B
+43.9% YoY
6.34B
2.83B – 10.90B
+745.7% YoY
EBITDA
-199.03M
— – —
— – —
— – —
— – —
EBIT
-216.42M
— – —
— – —
— – —
— – —
Net Income
-235.21M
est: -240.32M (+2.1%)
-225.38M
-250.76M – -199.99M
+6.2% YoY
-49.39M
-49.70M – -49.07M
+78.1% YoY
-201.10M
-388.96M – -56.14M
-307.2% YoY
1.35B
376.58M – 2.61B
+770.8% YoY
SGA
92.01M
est: 329.05M (-72.0%)
415.02M
250.89M – 564.51M
+26.1% YoY
880.63M
334.86M – 1.64B
+112.2% YoY
1.27B
564.70M – 2.18B
+43.9% YoY
10.72B
4.78B – 18.42B
+745.7% YoY
EPS
-1.35
est: -1.38 (+2.2%)
-1.29
-1.44 – -1.15
+6.2% YoY
-0.28
-0.29 – -0.28
+78.1% YoY
-1.15
-2.23 – -0.32
-307.2% YoY
7.75
2.16 – 14.98
+770.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-06-11 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-06-10 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-06-09 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-06-08 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-06-05 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-06-04 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-06-03 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-24.50M
OE per share TTM
-0.16
Owner's Yield
-0.23%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
108.0%

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 30 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI China Small-Cap ETF ECNS 0.13% 86.3K 0.59%
2 UBS Solactive China Technology UCITS ETF USD acc CQQQ.SW 0.10% 364.5K 0.47%
3 UBS Solactive China Technology UCITS ETF hEUR acc CITE.MI 0.10% 362.5K 0.50%
4 iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L 0.02% 12.1K 0.74%
5 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.01% 38.8K 0.74%
6 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.01% 58.6K 0.55%
7 iShares Core MSCI EM IMI UCITS ETF EIMI.L 0.00% 425.5K 0.18%
8 iShares Core MSCI EM IMI UCITS ETF EIMU.L 0.00% 17.5K 0.18%
9 State Street SPDR Portfolio MSCI Global Stock Market ETF SPGM 0.00% 10.8K 0.09%
10 iShares Core MSCI Emerging Markets ETF IEMG 0.00% 710.6K 0.09%

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
-1.11M
Shares Outstanding
198.89M

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
Honggang Zuo CFO, Joint Company Secretary & Executive Director 5M male
Xiaoqiang Kang Co-Founder, Executive Chairman, GM & Chief Executive Officer 5M
Shoupeng Lai Co-Founder, Chief Strategic Officer, Executive Vice President & Executive Director 1M
Xuegen Jian Joint Company Secretary female
Shengli Cai Chief Medical Officer
Qing-lai Zhu Vice President & Head of Global Business Development male
Hong Ling Senior Vice President & Chief Scientific Officer
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