Connect Biopharma Holdings Limited

Connect Biopharma Holdings Limited

CNTB
Connect Biopharma Holdings LimitedUS flagNASDAQ Global Market
2.15
USD
-0.19
- -
135.37MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
0.47
- -
- -
Basic EPS, GAAP
-0.43
-2.21
-3.87
-2.15
-1.13
-0.28
-1
-1.15
Free Cash Flow per Basic Share
-0.24
-0.52
-1.75
-1.93
-0.87
-0.44
-0.93
-1.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.75
-3.04
-6.92
-8.73
-5.99
-6.25
-7.2
-7.51
Tangible Book Value per Share
-0.77
-2.91
5.14
2.81
1.84
1.67
0.75
0.76
Basic Weighted Avg Shares
55
54
52
55
55
55
56
56
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
26
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
-86.24
-90,740.62
-28,426.61
Depreciation Expense
- -
- -
1
1
1
1
1
1
Net Income, GAAP
-24
-119
-202
-118
-62
-16
-55
-65
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
-60.03
-86,687.5
-27,727.9
Working Capital
48
156
257
140
97
88
37
38
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
-43
-157
272
157
101
92
42
43
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
56
56
57
Market Capitalization
597
1,098
1,012

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
63
51
55
Cash, Cash Equivalents & STI
55
44
46
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
11
14
17
Payables & Accruals
9
10
15
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-82.98%
-54.45%
Free Cash Flow
- -
50.36%
111.97%
Net Income, GAAP
- -
32.14%
255%
Sales/Revenue/Turnover
- -
- -
-99.75%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
24
1
1
26
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
0.27
-0.23
- -
-0.28
2025
-0.19
-0.23
-0.31
-0.27
-1
2026
-0.34
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Barry D. Quart
Full Time Employees
62
Sector
Healthcare
Industry
Biotechnology
Address
East R&D Building Taicang People's Republic of China 215400
IPO Date
Mar 19, 2021
Business
Connect Biopharma Holdings Limited (CNTB) is a clinical-stage global biopharmaceutical company focused on developing T cell-driven therapies for chronic inflammatory diseases, including asthma, atopic dermatitis, chronic rhinosinusitis with nasal polyps, ulcerative colitis, Crohn's disease, and pruritus; its pipeline features rademikibart (formerly CBP-201), a next-generation monoclonal antibody targeting interleukin-4 receptor alpha (IL-4Rα) to block IL-4 and IL-13 signaling, advancing in Phase 2 trials for acute exacerbations of asthma and chronic obstructive pulmonary disease (COPD) with topline data expected in the first half of 2026, Phase 3 asthma maintenance studies ongoing via partner Simcere in China where a New Drug Application for atopic dermatitis was submitted to the National Medical Products Administration in July 2025, and prior Phase 2/3 data in atopic dermatitis, asthma, and chronic rhinosinusitis; icanbelimod (formerly CBP-307), an oral small molecule sphingosine 1-phosphate receptor 1 (S1P1) modulator in Phase 2 for ulcerative colitis and Crohn's disease; and CBP-174, a peripherally acting histamine receptor 3 antagonist in early clinical development for pruritus in atopic dermatitis. Founded in 2012 and headquartered in San Diego, California, the company operates primarily in the United States with additional facilities in Taicang, Jiangsu Province, China, and South San Francisco, California, targeting patients with T cell-mediated inflammatory conditions through small molecules and antibodies discovered via proprietary functional T cell assays. Recent developments include leadership strengthening in 2024 with Barry Quart, Pharm.D., appointed as CEO and David Szekeres as President to enhance clinical, regulatory, and operational expertise; a strategic shift to a U.S.-centric focus with reduced China footprint and unveiled rapid development program for rademikibart in acute respiratory care; regained Nasdaq minimum bid price compliance; plans to terminate its American Depositary Receipt program and directly list ordinary shares on Nasdaq; presentations of supporting rademikibart data at the European Respiratory Society Congress 2025; and ongoing collaboration with Simcere for rademikibart commercialization in Greater China, generating minimal revenue of $64,000 year-to-date in 2025 amid elevated R&D costs for the asset.

Company News

APIChat
  • Connect Biopharma Touts Rademikibart's Edge as SEABREEZE Data Looms in 2026

  • Connect Biopharma to Present at the H.C. Wainwright 4th Annual BioConnect Investor Conference

  • Connect Biopharma Reports First Quarter 2026 Financial Results and Provides Business Update

  • Connect Biopharma: New Market Opportunity In The Emergency Setting

  • Connect Biopharma Announces Enrollment in Phase 2 Seabreeze STAT Studies Will Continue as Planned Following Pre-Specified Interim Analysis

  • Connect Biopharma Reports 2025 Full-Year Financial Results and Provides Business Update

  • Connect Biopharma Holdings Limited (CNTB) Discusses Phase 3 Atopic Dermatitis Study Results and Updates on Rademikibart Development Transcript

  • Connect Biopharma Announces $20.2 Million Private Placement Financing

  • Rademikibart Demonstrates Best-in-Class Potential in Phase 3 Atopic Dermatitis Study

  • Connect Biopharma Announces Positive Topline Data from its Phase 1 Study of Intravenous (IV) Rademikibart in Patients with Asthma or COPD

  • Connect Biopharma Holdings Limited Sponsored ADR (NASDAQ:CNTB) Given Consensus Recommendation of “Moderate Buy” by Brokerages

  • Results from Phase 3 Study of Rademikibart in Moderate-to-Severe Atopic Dermatitis to be Presented in the Late-Breaking Research Session at the 2026 American Academy of Dermatology (AAD) Annual Meeting

  • Connect Biopharma to Present at the Leerink Partners Global Healthcare Conference

  • Connect Biopharma Touts Rademikibart as Fast-Acting Option for Acute Asthma, COPD Flare-Ups at Conference

  • BML Capital Management LLC Sells 554,058 Shares of Connect Biopharma Holdings Limited Sponsored ADR $CNTB

  • Connect Biopharma to Present at the Oppenheimer 36th Annual Healthcare Life Sciences Conference

  • Connect Biopharma Holdings Limited Sponsored ADR (NASDAQ:CNTB) Given Consensus Rating of “Moderate Buy” by Analysts

  • Connect Biopharma Holdings Limited Sponsored ADR (NASDAQ:CNTB) Receives Average Rating of “Moderate Buy” from Brokerages

  • Connect Biopharma Highlights New Mechanism of Action Data for Rademikibart and Outlines Priorities for 2026

  • Connect Biopharma to Present at the 8th Annual Evercore Healthcare Conference