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InnoCare Pharma Limited (9969.HK)

HKD14.80 +0.45 (+3.14%)
CN HKSE Healthcare Biotechnology
Address Building 8 102206
Beijing, CN
CEO Jisong Cui
IPO 2020-03-23
ISIN KYG4783B1032

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Also trades on Hong Kong Stock Exchange · 9969.HK (HKD) Other OTC · INCPF (USD)
Description

InnoCare Pharma Limited, a biopharmaceutical enterprise, specializes in the discovery, development, and commercialization of therapeutic agents for oncological and autoimmune disorders. Its lead product, Orelabrutinib, a BTK inhibitor, addresses a wide range of conditions, including various forms of relapsed and/or refractory (r/r) lymphomas (such as chronic lymphocytic leukemia, mantle cell lymphoma, Waldenstrom's macroglobulinemia, marginal zone lymphoma, specific diffuse large B-cell lymphomas, and central nervous system lymphoma). It also targets systemic lupus erythematosus, immune thrombocytopenia purpura, multiple sclerosis, and neuromyelitis optica spectrum disorder, sometimes utilized in combination therapies. The company's robust pipeline features several key candidates: ICP-192, a pan-FGFR inhibitor in Phase I/II clinical trials for solid tumors, notably cholangiocarcinoma and head and neck cancer; ICP-723, a pan-TRK inhibitor undergoing Phase I evaluation for cancers positive for neurotrophic tyrosine receptor kinase fusion; ICP-332, a novel tyrosine kinase 2 inhibitor in Phase I for autoimmune diseases; and ICP-B02, a bispecific antibody developed for lymphoma treatment. Furthermore, InnoCare is advancing ICP-189, ICP-915, and ICP-B03 for solid tumors; ICP-033 for liver cancer, renal cell carcinoma, colorectal cancer, and other solid malignancies; ICP-488 for autoimmune conditions; ICP-B05, an anti-CC chemokine receptor 8 monoclonal antibody targeting various cancers; ICP-248 for hematological indications; and ICP-490 for both hematology and autoimmune disorders. In addition, the firm offers ICP-B04 (Tafasitamab) for the treatment of DLBCL and other hematological conditions. InnoCare Pharma Limited was established in 2015 and maintains its headquarters in Beijing, 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
HKD14.80 +0.45 (+3.14%)
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Volume Profile
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Liquidity & share structure
Average Volume
9M
Beta
0.33
Float Shares
1.17B
Free Float %
78.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.65% -3.41% -15.91% -3.80% -21.52% -5.45% +3.29% +55.48% -51.03% +18.55% +18.55%
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
14.80
Ratings Trend (MoM) 92% Bullish
Rating 2026-05 Change
Strong Buy 1 +1
Buy 11 +1
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.55
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    +127.6% Q1'26: +37.4% (vs Q1'25)
  • EPS growth Biotechnology: +29.7%
    +238.5% Q1'26: +495.0% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -8.3% Q1'26: -0.8% (vs Q1'25)
  • EBIT margin Biotechnology: +0.0%
    +19.2% Q1'26: +12.8% (vs Q1'25)
  • ROIC Biotechnology: -16.1%
    +21.4% Q1'26: +12.6% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +4.2% Q1'26: -1.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    2.90× Q1'26: 6.72× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.35) × ERP
WACC = 92% × Ke + 8% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 14.80
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 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
8 Rev. Ana.
3 EPS Ana.
Dec 2027
10 Rev. Ana.
5 EPS Ana.
Dec 2028
8 Rev. Ana.
6 EPS Ana.
Revenue
1.36M
est: 14.94M (-90.9%)
1.04B
est: 1.24B (-16.0%)
625.40M
est: 689.68M (-9.3%)
738.54M
est: 726.23M (+1.7%)
1.01B
est: 986.42M (+2.3%)
2.30B
est: 2.08B (+10.7%)
2.36B
2.09B – 2.61B
+13.9% YoY
2.98B
2.66B – 3.35B
+26.0% YoY
3.76B
3.34B – 4.19B
+26.2% YoY
EBITDA
-556.92M
est: -9.39M (-5,830.8%)
16.23M
est: -16.80B (+100.1%)
-808.28M
est: -140.65B (+99.4%)
-516.55M
est: -276.12M (-87.1%)
-463.49M
est: -8.50T (+100.0%)
555.89M
est: -789.00M (+170.5%)
-898.85M
-992.87M – -795.22M
-13.9% YoY
-1.13B
-1.27B – -1.01B
-26.0% YoY
-1.43B
-1.59B – -1.27B
-26.2% YoY
EBIT
-558.99M
est: -10.03M (-5,471.4%)
-17.48M
est: -16.91B (+99.9%)
-876.68M
est: -141.59B (+99.4%)
-609.18M
est: -314.66M (-93.6%)
-521.47M
est: -8.56T (+100.0%)
440.59M
est: -899.13M (+149.0%)
-1.02B
-1.13B – -906.22M
-13.9% YoY
-1.29B
-1.45B – -1.15B
-26.0% YoY
-1.63B
-1.82B – -1.45B
-26.2% YoY
Net Income
-391.40M
est: -792.72M (+50.6%)
-64.55M
est: -16.85B (+99.6%)
-886.59M
est: -867.46M (-2.2%)
-631.26M
est: -438.03M (-44.1%)
-440.63M
est: -190.54M (-131.2%)
625.84M
est: 243.92M (+156.6%)
168.15M
48.12M – 288.71M
-31.1% YoY
162.70M
131.42M – 306.65M
-3.2% YoY
443.97M
307.50M – 538.11M
+172.9% YoY
SGA
113.15M
est: 253.10M (-55.3%)
344.66M
est: 527.97M (-34.7%)
489.61M
est: 11.69B (-95.8%)
252.13M
est: 301.42M (-16.4%)
310.64M
est: 409.41M (-24.1%)
718.67M
est: 861.29M (-16.6%)
981.21M
868.08M – 1.08B
+13.9% YoY
1.24B
1.10B – 1.39B
+26.0% YoY
1.56B
1.39B – 1.74B
+26.2% YoY
EPS
-0.40
est: -0.47 (+14.7%)
-0.05
est: 0.00 (-1,280.3%)
-0.60
est: -0.50 (-20.6%)
-0.37
est: -0.26 (-41.9%)
-0.26
est: -0.29 (+10.1%)
0.36
est: 0.14 (+160.7%)
0.10
0.03 – 0.16
-30.8% YoY
0.12
0.07 – 0.17
+30.1% YoY
0.28
0.17 – 0.31
+122.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-28 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-27 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-26 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-22 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-21 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-20 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-19 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-18 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-15 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-14 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-13 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-12 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-11 B 3/5 1/5 4/5 5/5 2/5 2/5 2/5
2026-05-08 B 3/5 1/5 4/5 5/5 2/5 2/5 3/5
2026-05-07 B 3/5 1/5 4/5 5/5 2/5 2/5 3/5
2026-05-06 B 3/5 1/5 4/5 5/5 2/5 2/5 3/5
2026-05-05 B 3/5 1/5 4/5 5/5 2/5 2/5 3/5
2026-05-04 B 3/5 1/5 4/5 5/5 2/5 2/5 3/5
2026-04-30 B 3/5 1/5 3/5 5/5 2/5 2/5 3/5
2026-04-29 B- 3/5 1/5 3/5 5/5 2/5 2/5 2/5
2026-04-28 B- 3/5 1/5 3/5 5/5 2/5 2/5 2/5
2026-04-27 B- 3/5 1/5 3/5 5/5 2/5 2/5 2/5
2026-04-24 B 3/5 1/5 3/5 5/5 2/5 2/5 3/5
2026-04-23 B- 3/5 1/5 3/5 5/5 1/5 2/5 3/5
2026-04-22 B- 3/5 1/5 3/5 5/5 1/5 2/5 3/5
2026-04-21 B- 3/5 1/5 3/5 5/5 1/5 2/5 3/5
2026-04-20 B- 3/5 1/5 3/5 5/5 1/5 2/5 3/5
2026-04-17 B- 3/5 1/5 3/5 5/5 1/5 2/5 3/5
2026-04-16 B- 3/5 1/5 3/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.10B
OE per share TTM
0.61
Owner's Yield
5.34%
Maintenance CapEx ratio
94.75%
Maint CapEx / Avg PPE
83.6%

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 63 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI China Small-Cap ETF ECNS 1.12% 724.8K 0.59%
2 Global X - Aging Population ETF AGNG 0.28% 235.7K 0.50%
3 UBS Solactive China Technology UCITS ETF USD acc CQQQ.SW 0.20% 757.0K 0.47%
4 UBS Solactive China Technology UCITS ETF hEUR acc CITE.MI 0.20% 752.8K 0.50%
5 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.17% 205.9K 0.42%
6 iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L 0.15% 107.0K 0.74%
7 WisdomTree China ex-State-Owned Enterprises Fund CXSE 0.11% 564.3K 0.32%
8 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.10% 600.6K 0.55%
9 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.10% 366.8K 0.72%
10 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.09% 329.8K 0.74%

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
404.6K
Shares Outstanding
1.49B

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
Jisong Cui Co-Founder, Chairwoman & Chief Executive Officer 10M
Renbin Zhao Senior Vice President of Clinical Development & Medical Research and Executive Director 4M
John Zhou C.M.O
Junjian Liu Senior Vice President of Biology & Biologics
Junsu Wang General Counsel female
Nan Gao Chief Operating Officer male
Xiangyang Chen Chief Technology Officer
Xin Fu Chief Financial Officer male
Davy Ouyang Vice President & Head of Biology male
Yue Tan Accounting Supervisor
Jeff Chen Chief Commercial Officer male
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