Jiangsu Recbio Technology Co., Ltd. Class H

Jiangsu Recbio Technology Co., Ltd. Class H

HHKEX:2179
3.80
HKD
+0.01
(+0.13%)
2.50BMarket Cap
Apr 01Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
0.02
- -
Basic EPS, GAAP
-0.29
-0.37
-1.47
-1.52
-1.19
-1.18
-1.15
- -
Free Cash Flow per Basic Share
-0.45
-0.5
-1.59
-1.87
-1.79
-1.33
-1.13
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.71
-2.25
3.73
3.44
2.22
1.1
1.13
1.13
Tangible Book Value per Share
-0.78
-2.32
3.66
3.35
2.11
1
1.06
1.06
Basic Weighted Avg Shares
479
479
448
474
481
479
531
548
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
13
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
-4,608.23
- -
Depreciation Expense
4
13
22
41
64
81
105
- -
Net Income, GAAP
-138
-179
-658
-723
-572
-562
-610
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
-4,796.4
- -
Working Capital
293
652
1,155
1,091
685
-184
- -
- -
LT Debt
2
22
69
261
590
379
376
376
Total Equity
-320
-1,009
1,673
1,653
1,071
529
706
706
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
-43.34
-41.85
-70.27
-98.84
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
510
521
263
LT Borrowings
379
319
370
LT Finance Leases
- -
- -
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
483
483
626
Market Capitalization
4,311
3,504
2,250

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
655
282
538
Cash, Cash Equivalents & STI
448
104
352
Accounts Receivable, Net
- -
- -
1
Inventories
62
38
41
Total Current Liabilities
839
881
538
Payables & Accruals
- -
- -
- -
ST Debt
510
521
263
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-63.9%
33.35%
Free Cash Flow
- -
37.04%
-5.52%
Net Income, GAAP
- -
52.49%
8.54%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
13

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.19
2024
- -
- -
-1.18
2025
- -
- -
-1.15

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Yong Liu
Full Time Employees
491
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
No. 888 Yaocheng Avenue Taizhou JS China 225300
IPO Date
Mar 31, 2022
Website
recbio.cn
Business
Jiangsu Recbio Technology Co., Ltd. is a biopharmaceutical firm focused on the research, development, and commercialization of advanced vaccines within the People's Republic of China and for global markets. The company's pipeline emphasizes innovative candidates addressing major infectious diseases and cancer prevention. Among its lead programs is REC603, a recombinant 9-valent human papillomavirus (HPV) vaccine currently undergoing Phase III clinical evaluation in China, designed to prevent cervical cancer and genital warts. The company is also progressing recombinant HPV bivalent and quadrivalent vaccines through earlier clinical and preclinical stages. Beyond HPV, Recbio is developing ReCOV, a recombinant COVID-19 vaccine candidate which has progressed to Phase II/III trials and received Emergency Use Authorization in Mongolia. Further expanding its portfolio, the company is advancing REC610, a novel adjuvanted recombinant shingles vaccine, with its clinical trial application accepted in China and positive Phase I data from overseas. Other preclinical stage candidates include an mRNA COVID-19 vaccine, a recombinant adult tuberculosis vaccine, a virus-vectored adult tuberculosis vaccine, a recombinant influenza quadrivalent vaccine, a recombinant hand-foot-mouth disease quadrivalent vaccine, and a novel adjuvanted recombinant respiratory syncytial virus vaccine (REC625). Founded in 2011, Recbio leverages core technology platforms, including novel adjuvants, protein engineering, and immunological evaluation, to create its diverse vaccine candidates. The company has expanded its global reach through strategic partnerships, including a July 2025 licensing and technology transfer agreement with Biological E. Limited for REC603's commercialization in India and other international markets via UNICEF and PAHO tenders. Additionally, in January 2024, Recbio signed a framework agreement with SPIMACO for REC603's exclusive authorization and commercialization across 15 countries in the Middle East and North Africa region. The company is headquartered in Taizhou, People's Republic of China.