CMB International Maintains SINO BIOPHARM (01177) Target Price at HK$9.4 with "Buy" Rating

Stock News
Oct 13

CMB International has released a research report maintaining SINO BIOPHARM's (01177) target price at HK$9.4 and "Buy" rating based on a DCF model. The firm projects the group's revenue growth rates for 2025-2027 at 19.1%, 4.4%, and 10.6% respectively.

The firm also forecasts adjusted net profit growth of 81.3% for 2025 and 11.3% for 2027, while expecting a 30% decline in 2026. The projections do not yet account for potential contributions from out-licensing deals to revenue and profits.

SINO BIOPHARM recently announced Phase II clinical results for its PDE3/4 inhibitor TQC3721. The clinical data demonstrated that TQC3721 can rapidly improve patients' lung function and symptoms. The firm believes TQC3721 has the potential to become a blockbuster drug with significant out-licensing opportunities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10