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NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Ascentage Pharma Group International AAPG

3 fiscal years on record · CNY · FY2024 reported · SEC filings only
CNY 980.6M
▲ 341.8% YoY
CNY -405.4M
CNY -135.6M
In brief

What this company does

Ascentage Pharma discovers, develops and commercializes therapies for cancer. Olverembatinib, a third-generation tyrosine kinase inhibitor, was the first BCR-ABL1 inhibitor approved in China for chronic myeloid leukemia in chronic phase with T315I mutations, chronic myeloid leukemia in accelerated phase with T315I mutations, and chronic-phase disease resistant to or intolerant of first- and second-generation tyrosine kinase inhibitors, and the company commercializes it in China. Lisaftoclax was approved in China by the NMPA for adult patients with chronic lymphocytic leukemia or small lymphocytic lymphoma who had previously received at least one systemic therapy including BTK inhibitors, in July 2025, and the company began commercializing it in China shortly after receiving approval. In 2025, the company's commercial team covered more than 1,500 hospitals and over 800 pharmacies for its two commercialized products, and it established strategic partnerships with pharmaceutical distributors for nationwide drug distribution coverage.

Written from the business description in ASCENTAGE PHARMA GROUP INTERNATIONAL's annual report to the U.S. Securities and Exchange Commission, filed 29 April 2026. Every sentence was checked against that document before publication.

Growth
CNY 980.6M
Revenue, FY2024 · full 3-year series below
Revenue CNY M Net income CNY M
FY2024 · Revenue 980.6 · Net income -405.4
400M800M-400M-800M202220232024
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−41 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Net -41.4%
-200%-400%202220232024
ROE
FY2024 · ROE -249.8%
-500%-1000%-1500%202220232024

Each CNY of equity lost 250 cents this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow CNY M
FY2024 · FCF -135.6
-400M-800M202220232024
Net buybacks CNY M Dividends CNY M
FY2023 · Dividends — · Net buybacks -464.2
-200M-400M20222023

EquityCNY 264.2M
CashCNY 893.1M
Gross debtCNY 1.7B
Net debtCNY 775.4M
DepositsCNY 343.5M
Current ratio1.26×

Net debt stands at 293% of equity.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · CNY
row low → row highnegative
Metric 202420232022
Revenue CNY B1.00.20.2
Operating income CNY B···
EBITDA CNY B···
Income tax CNY B0.0−0.0−0.0
Net income CNY B−0.4−0.9−0.9
Free cash flow CNY B−0.1−0.8−0.9
EPS, diluted CNY −1.34−3.28−3.35
Dividend / sh CNY ···
Payout %···
ROE %−249.8−1532.1·
Shares out B0.320.29·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 11 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 84 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2022

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