Transcenta Holding Limited

Transcenta Holding Limited

HHKEX:6628
0.60
HKD
-0.02
(-4.00%)
903.54MMarket Cap
Mar 31Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.1
0.18
0.27
0.24
0.13
0.03
0.02
- -
Basic EPS, GAAP
-0.89
-0.71
-9.34
-0.94
-1.14
-0.72
-0.49
- -
Free Cash Flow per Basic Share
-1.04
-0.53
-2.49
-0.73
-0.92
-0.53
-0.35
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.88
-1.83
4.41
3.51
2.36
1.73
1.45
1.45
Tangible Book Value per Share
-3.16
-3.11
3.14
2.16
1.06
0.42
0.12
0.12
Basic Weighted Avg Shares
445
445
184
433
407
405
414
417
Sales/Revenue/Turnover
44
81
50
102
54
11
7
- -
Operating Margin (%)
-739.1
-419.3
-1,002.84
-413.83
-861.5
-2,169.37
-2,461.41
- -
Depreciation Expense
41
42
52
55
54
52
49
- -
Net Income, GAAP
-395
-317
-1,716
-407
-463
-290
-204
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-895.46
-390.99
-3,414.56
-399.19
-859.01
-2,577.85
-2,740.08
- -
Working Capital
338
697
970
506
130
-63
-160
-160
LT Debt
176
155
85
19
28
31
17
17
Total Equity
-636
-816
1,966
1,474
1,028
752
618
618
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
-23.65
-36.98
-32.63
-29.75
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
220
187
109
LT Borrowings
16
10
5
LT Finance Leases
15
14
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
434
410
426
Market Capitalization
257
546
812

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
279
141
55
Cash, Cash Equivalents & STI
169
46
14
Accounts Receivable, Net
18
9
16
Inventories
17
15
14
Total Current Liabilities
343
288
214
Payables & Accruals
- -
- -
- -
ST Debt
220
187
109
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-88.15%
-17.77%
Free Cash Flow
- -
0.71%
-33.85%
Net Income, GAAP
- -
62.44%
-29.82%
Sales/Revenue/Turnover
- -
-19.08%
-33.98%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
54
2024
- -
- -
11
2025
- -
- -
7

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.14
2024
- -
- -
-0.72
2025
- -
- -
-0.49

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Xue Ming Qian
Full Time Employees
155
Sector
Health technology
Industry
Pharmaceuticals: major
Address
B6-501, 218 Xinghu Street Suzhou JS China 215123
IPO Date
Sep 29, 2021
Business
Transcenta Holding Limited (6628.HK) is a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of antibody-based and antibody-drug conjugate therapeutics targeting difficult-to-treat solid tumors. The company offers a pipeline of product candidates including TST001, a PD-L1 x VEGF bispecific antibody; TST002, a Claudin18.2 antibody-drug conjugate; TST003, an anti-TL1A antibody; and others such as TST004 (EGFR antibody), TST005 (ROR1 antibody), and TST009 (DR5 x TLR9 bispecific antibody), primarily through its proprietary Transcenta Antibody Discovery System (TADS) platform and Hua Medicine diabetes pipeline assets. Transcenta operates in the oncology and metabolic disease segments, targeting unmet needs in solid tumors and type 2 diabetes with customers including pharmaceutical partners and clinical trial participants across Asia, North America, and Europe; it was founded in 2018 and is headquartered in Suzhou, China, with additional facilities in Hefei, China, and Rockville, Maryland, USA. Recently, in 2024, Transcenta completed a strategic business combination with Cartesian Therapeutics, adopting the new name Cartesian Therapeutics, Inc. (NASDAQ: RNAC), which expanded its pipeline into autoimmune diseases while retaining its oncology focus; this followed the delisting from the Hong Kong Stock Exchange and marked a major reorganization including leadership transitions and integration of Hua Medicine's diabetes assets. The company also advanced multiple clinical trials, such as Phase II for TST001 in gastric cancer and partnerships for global development rights.

Company News

  • Transcenta Holding Limited (6628.HK) to Hold 2023 ASCO Business Update call Conference.