Adagene Inc.

Adagene Inc.

NNASDAQ:ADAG
2.41
USD
+0.06
(+2.55%)
346.88MMarket Cap
Mar 31Next Earn
Adagene Inc.
NASDAQ:ADAG
(Nasdaq Stock Market)

Recent

price

2.41

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
0.04
0.01
0.02
0.25
0.21
0.41
- -
0.16
- -
Revenue per Share
-0.44
-0.48
-1.01
-1.83
-1.85
-0.43
-0.74
-0.37
- -
Basic EPS, GAAP
-0.43
-0.53
-0.7
-1.15
-1.14
-0.65
-0.66
-0.33
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.78
-1.08
-1.7
2.87
1.54
1.28
0.86
0.6
1.08
Book Value per Share
-0.78
-1.08
-1.7
2.87
1.54
1.28
0.86
0.6
1.08
Tangible Book Value per Share
34
34
42
40
43
44
45
47
52
Basic Weighted Avg Shares
2
- -
1
10
9
18
- -
8
- -
Sales/Revenue/Turnover
-1,147.09
-3,993.68
-6,156.49
-711.18
-903.08
-130.97
-34,835.42
-279.48
- -
Operating Margin (%)
1
1
1
1
1
1
1
1
- -
Depreciation Expense
-15
-16
-42
-73
-80
-19
-33
-18
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-1,010.22
-3,423.4
-6,048.86
-719.18
-860.59
-104.61
-32,386.45
-229.56
- -
Profit Margin (%)
41
97
63
156
94
82
50
52
106
Working Capital
- -
2
3
3
14
14
1
1
1
LT Debt
-41
-57
-89
157
83
71
51
35
89
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
-66.74
-24.66
-55.21
-41.01
- -
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
7
5
5
LT Borrowings
- -
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
59
83
Market Capitalization
115
112
347

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
65
77
132
Cash, Cash Equivalents & STI
63
75
128
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
29
25
26
Payables & Accruals
22
16
18
ST Debt
7
5
5
Deferred Revenue
- -
3
2

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-79.12%
-30.03%
Free Cash Flow
- -
-4.4%
-47.29%
Net Income, GAAP
- -
6.93%
-47.32%
Sales/Revenue/Turnover
- -
1,734.25%
7,332.76%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
8
2026
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.74
2025
- -
- -
-0.37
2026
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Adagene Inc. (Nasdaq: ADAG) is a platform-driven, clinical-stage biopharmaceutical company that develops novel antibody-based cancer immunotherapies using proprietary technologies including NEObody for targeting unique epitopes with novel mechanisms of action; SAFEbody for precision masking and tumor microenvironment activation to enhance safety; POWERbody for empowered efficacy with local activation; and the Dynamic Precision Library platform integrating computational biology and artificial intelligence. The company focuses on oncology, advancing a pipeline of monoclonal and bispecific antibodies such as ADG106, a CD137/4-1BB agonist for advanced solid tumors and non-Hodgkin's lymphoma; ADG116, a CTLA-4 antagonist enabling Treg depletion and soft ligand blocking; and ADG126 (muzastotug), the lead anti-CTLA-4 SAFEbody in Phase 1b/2 and Phase 2 trials for microsatellite stable colorectal cancer and other solids in combination with anti-PD-1 therapies. Founded in 2011 and headquartered in Suzhou Industrial Park, Jiangsu Province, China, Adagene conducts global research, development and clinical operations with partnerships spanning international organizations. Recent developments include a July 2025 strategic investment and option activation from Sanofi for up to $25 million to fund muzastotug's randomized Phase 2 trial in microsatellite stable colorectal cancer and a third SAFEbody discovery program, extending cash runway into 2027; a November 2025 licensing agreement with Third Arc Bio granting worldwide rights to two masked CD3 T cell engagers using SAFEbody technology for a $5 million upfront payment, up to $840 million in milestones and royalties, while retaining a no-cost option for Greater China, Singapore and South Korea; and a July 2025 partnering agreement with ConjugateBio for novel antibody-drug conjugates.

Company News

  • Adagene Announces Dosing of First Patient in Phase 1 Study of Muzastotug in Combination with Incyte's INCA33890 in Patients with Microsatellite Stable Colorectal Cancer

  • Adagene to Participate in the Guggenheim Securities 3rd Annual Healthcare Innovation Conference

  • Adagene Eyes Phase II Data for Masked CTLA-4 Therapy in MSS Colorectal Cancer

  • Adagene (NASDAQ:ADAG) Stock Rating Reaffirmed as “Buy” by HC Wainwright

  • Adagene Highlights SAFEbody Pipeline, ADG138 Clinical Launch and 2027 Catalysts

  • Adagene Highlights SAFEbody Pipeline, ADG138 Clinical Launch and 2027 Catalysts

  • Adagene to Participate in H.C. Wainwright 4th Annual Immune Cell Engager Virtual Conference

  • Adagene Announces NMPA Clearance of Investigational New Drug Application for ADG138, a Novel HER2xCD3 Double-Masked Bispecific T-Cell Engager

  • Insider Buying: Adagene (NASDAQ:ADAG) CEO Acquires $63,913.50 in Stock

  • Adagene Inc. (ADAG) Presents at Morgan Stanley 24th Annual Global Healthcare Conference Transcript

  • Adagene Announces that Third Arc Bio Has Selected First Lead Candidate under Amended Strategic Collaboration for Development of Masked CD3 T Cell Engagers Utilizing SAFEbody® Technology

  • Adagene Achieves Milestone in Collaboration with Exelixis for Advancement of SAFEbody® Antibody-Drug Conjugate Candidates

  • Adagene to Participate in Three Upcoming Investor Conferences

  • Adagene Reports Six Months 2026 Financial Results and Provides Corporate Updates

  • Adagene (ADAG) Upgraded to Buy: Here's What You Should Know

  • Are Medical Stocks Lagging Adagene (ADAG) This Year?

  • Adagene Spotlights ADG126 Strategy as Masked CTLA-4 Trial Advances in Colorectal Cancer

  • Adagene to Participate in Two Upcoming Investor Conferences

  • Adagene Inc. Sponsored ADR (NASDAQ:ADAG) Sees Significant Growth in Short Interest

  • Adagene Presents Two Posters at AACR 2026 with New Data Highlighting Muzastotug's Potential as a Backbone Combination Therapy for Multiple Tumor Types