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Everest Medicines LimitedSEHK:1952 Stock Report

Market Cap HK$11.5b
Share Price
HK$32.82
HK$50.16
34.6% undervalued intrinsic discount
1Y-32.0%
7D-5.0%
Portfolio Value
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Everest Medicines Limited

SEHK:1952 Stock Report

Market Cap: HK$11.5b

Everest Medicines (1952) Stock Overview

A biopharmaceutical company, engages in the discovery, license-in, development, and commercialization of therapies and vaccines to address critical unmet medical needs in Greater China and other Asia Pacific markets. More details

1952 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

1952 Community Fair Values

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Everest Medicines Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Everest Medicines
Historical stock prices
Current Share PriceHK$32.82
52 Week HighHK$77.55
52 Week LowHK$31.70
Beta1.54
1 Month Change-16.66%
3 Month Change-17.45%
1 Year Change-31.98%
3 Year Change134.09%
5 Year Change-52.57%
Change since IPO-54.89%

Recent News & Updates

Narrative Update May 05

1952: Ulcerative Colitis Franchise Will Drive Long Term Upside Potential

Analysts have adjusted their price target for Everest Medicines to HK$50.16, a change they link to small refinements in the discount rate, revenue growth, profit margin and future P/E assumptions rather than a shift in the underlying narrative. What's in the News China's National Medical Products Administration approved the New Drug Application for VELSIPITY (etrasimod arginine tablets) for adults with moderately to severely active ulcerative colitis who have not responded adequately to, lost response to, or were intolerant of conventional therapy or a biologic agent in China (Key Developments).
Narrative Update Apr 21

1952: Ulcerative Colitis Launch Will Drive Long Term Upside Potential

Analysts have trimmed their fair value estimate for Everest Medicines from about HK$53.11 to around HK$50.16. This reflects slightly higher discount rate assumptions and a more conservative future P/E multiple, while revenue growth and profit margin expectations remain broadly unchanged.
Narrative Update Apr 06

1952: Ulcerative Colitis Launch Will Drive Upside Despite Trimmed Outlook

Analysts have trimmed their price target on Everest Medicines to HK$53.11 from HK$56.76 as updated assumptions reflect revised revenue growth, profit margin expectations and a higher future P/E multiple. What's in the News The National Medical Products Administration of China approved the New Drug Application for VELSIPITY (etrasimod arginine tablets) for adults with moderately to severely active ulcerative colitis who have not responded adequately to conventional therapy or biologics in China (Key Developments).
Narrative Update Mar 23

1952: New Renal Licensing Deal And Ulcerative Colitis Launch Will Drive Upside

Analysts now see a lower fair value for Everest Medicines, trimming the HK$58.14 price target to about HK$56.76 as they factor in slightly higher discount rates, a modestly softer revenue growth outlook, reduced profit margin assumptions and a higher future P/E multiple. What's in the News China's National Medical Products Administration approved the New Drug Application for VELSIPITY (etrasimod arginine tablets) for adults with moderately to severely active ulcerative colitis who have not had adequate outcomes or tolerance with conventional therapy or biologic agents in China, with approval supported by Asian and global Phase 3 data showing statistically significant and clinically meaningful efficacy outcomes and a safety profile consistent with earlier studies (Key Developments).

Recent updates

Narrative Update May 05

1952: Ulcerative Colitis Franchise Will Drive Long Term Upside Potential

Analysts have adjusted their price target for Everest Medicines to HK$50.16, a change they link to small refinements in the discount rate, revenue growth, profit margin and future P/E assumptions rather than a shift in the underlying narrative. What's in the News China's National Medical Products Administration approved the New Drug Application for VELSIPITY (etrasimod arginine tablets) for adults with moderately to severely active ulcerative colitis who have not responded adequately to, lost response to, or were intolerant of conventional therapy or a biologic agent in China (Key Developments).
Narrative Update Apr 21

1952: Ulcerative Colitis Launch Will Drive Long Term Upside Potential

Analysts have trimmed their fair value estimate for Everest Medicines from about HK$53.11 to around HK$50.16. This reflects slightly higher discount rate assumptions and a more conservative future P/E multiple, while revenue growth and profit margin expectations remain broadly unchanged.
Narrative Update Apr 06

1952: Ulcerative Colitis Launch Will Drive Upside Despite Trimmed Outlook

Analysts have trimmed their price target on Everest Medicines to HK$53.11 from HK$56.76 as updated assumptions reflect revised revenue growth, profit margin expectations and a higher future P/E multiple. What's in the News The National Medical Products Administration of China approved the New Drug Application for VELSIPITY (etrasimod arginine tablets) for adults with moderately to severely active ulcerative colitis who have not responded adequately to conventional therapy or biologics in China (Key Developments).
Narrative Update Mar 23

1952: New Renal Licensing Deal And Ulcerative Colitis Launch Will Drive Upside

Analysts now see a lower fair value for Everest Medicines, trimming the HK$58.14 price target to about HK$56.76 as they factor in slightly higher discount rates, a modestly softer revenue growth outlook, reduced profit margin assumptions and a higher future P/E multiple. What's in the News China's National Medical Products Administration approved the New Drug Application for VELSIPITY (etrasimod arginine tablets) for adults with moderately to severely active ulcerative colitis who have not had adequate outcomes or tolerance with conventional therapy or biologic agents in China, with approval supported by Asian and global Phase 3 data showing statistically significant and clinically meaningful efficacy outcomes and a safety profile consistent with earlier studies (Key Developments).
Narrative Update Mar 07

1952: China Ulcerative Colitis Drug Approval Will Drive Future Upside

Narrative Update on Everest Medicines Analysts have lifted their HK$ price target for Everest Medicines, reflecting higher assessed fair value alongside updated views on revenue growth, profit margins and a lower expected future P/E multiple. What's in the News China's National Medical Products Administration approved the New Drug Application for VELSIPITY (etrasimod arginine tablets) for adults with moderately to severely active ulcerative colitis who have not responded adequately or are intolerant to conventional or biologic therapies in China, based on data from the Asian Phase 3 ENLIGHT UC study and the global ELEVATE UC Phase 3 program (Key Developments).
Narrative Update Feb 21

1952: New Renal Licensing Deal And Shareholder Meeting Will Support Future Upside

Analysts have made a marginal upward adjustment to their fair value estimate for Everest Medicines to HK$58.14, reflecting small model updates to the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Everest Medicines (China) Co., Ltd.
Narrative Update Feb 07

1952: Patent Protection And Upcoming Shareholder Meeting Will Support Future Upside

Analysts have trimmed their fair value estimate for Everest Medicines to US$58.13 from US$64.56, citing revised assumptions around discount rates, profit margins and future P/E, which offset slightly higher revenue growth expectations. What's in the News Everest Medicines has scheduled a special or extraordinary shareholders meeting for February 24, 2026 at 10:00 China Standard Time, giving investors a key date to watch for company level decisions (company announcement).
Analysis Article Jan 21

Revenues Not Telling The Story For Everest Medicines Limited (HKG:1952)

There wouldn't be many who think Everest Medicines Limited's ( HKG:1952 ) price-to-sales (or "P/S") ratio of 14x is...
Narrative Update Dec 14

1952: Ophthalmology Expansion Will Face Overvaluation Risk Despite Improved Profit Outlook

Analysts have raised their price target on Everest Medicines from 25.58 to 30.34 as they factor in stronger expected revenue growth, improved profit margins, and a slightly higher discount rate, offset in part by a modestly lower future P/E multiple. What's in the News Entered an exclusive license agreement with Visara Inc.
Narrative Update Oct 13

Rising Demand In China And Asia-Pacific Will Expand Biotech Reach

Everest Medicines' analyst price target has been adjusted downward from $29.16 to $26.79, reflecting analysts' moderated growth and profitability expectations in light of updated risk assessments. What's in the News Everest Medicines provided earning guidance for the full year 2025, projecting revenue of RMB 1.6 billion to RMB 1.8 billion, with RMB 1.2 billion to RMB 1.4 billion expected from NEFECON sales (Key Developments).
Narrative Update Sep 29

Rising Demand In China And Asia-Pacific Will Expand Biotech Reach

Driven by a meaningful improvement in net profit margin and a notable drop in future P/E, analysts have modestly raised Everest Medicines’ fair value, with the consensus price target increasing from HK$62.67 to HK$64.56. What's in the News Everest Medicines expects full-year 2025 revenue of RMB 1.6–1.8 billion, with RMB 1.2–1.4 billion from NEFECON sales.
Narrative Update Sep 14

Rising Demand In China And Asia-Pacific Will Expand Biotech Reach

The recent upward revision in Everest Medicines’ consensus Analyst Price Target is primarily driven by a modest increase in its expected future P/E multiple, lifting fair value from HK$61.36 to HK$62.67. What's in the News Everest Medicines expects 2025 revenue of RMB 1.6–1.8 billion, with NEFECON sales contributing RMB 1.2–1.4 billion.
Narrative Update Aug 31

NRDL Approval And Pipeline Efforts Will Counterbalance Potential Risks

The notable increase in Everest Medicines’ consensus price target reflects a significant improvement in net profit margin alongside a sharp decline in future P/E, indicating enhanced profitability and a more attractive valuation, with the target rising to HK$57.29. What's in the News The board will meet to discuss interim results for the first half of 2025 and other business.
Analysis Article Jun 12

Everest Medicines Limited's (HKG:1952) Shares Climb 26% But Its Business Is Yet to Catch Up

Everest Medicines Limited ( HKG:1952 ) shareholders would be excited to see that the share price has had a great month...
Analysis Article May 01

Everest Medicines (HKG:1952) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 08

The Price Is Right For Everest Medicines Limited (HKG:1952) Even After Diving 26%

Everest Medicines Limited ( HKG:1952 ) shareholders won't be pleased to see that the share price has had a very rough...
User avatar
New Narrative Mar 30

NRDL Approval And Pipeline Efforts Will Counterbalance Potential Risks

Dependence on NEFECON's success and market strategies in the IgAN space may not deliver the expected revenue, posing financial risks.
Analysis Article Apr 27

Does Everest Medicines (HKG:1952) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 31

Everest Medicines Limited (HKG:1952) Annual Results: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that Everest Medicines Limited ( HKG:1952 ) released its full-year result to the market...
Analysis Article Jan 31

A Look At The Fair Value Of Everest Medicines Limited (HKG:1952)

Key Insights The projected fair value for Everest Medicines is HK$19.06 based on 2 Stage Free Cash Flow to Equity With...

Shareholder Returns

1952HK BiotechsHK Market
7D-5.0%-2.1%1.1%
1Y-32.0%54.3%19.7%

Return vs Industry: 1952 underperformed the Hong Kong Biotechs industry which returned 55.3% over the past year.

Return vs Market: 1952 underperformed the Hong Kong Market which returned 20.3% over the past year.

Price Volatility

Is 1952's price volatile compared to industry and market?
1952 volatility
1952 Average Weekly Movement8.0%
Biotechs Industry Average Movement8.6%
Market Average Movement7.1%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 1952 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1952's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017812Rogers Luowww.everestmedicines.com

Everest Medicines Limited, a biopharmaceutical company, engages in the discovery, license-in, development, and commercialization of therapies and vaccines to address critical unmet medical needs in Greater China and other Asia Pacific markets. It pipeline includes Nefecon, an oral formulation of budesonide for the treatment of immunoglobulin nephropathy (IgAN); Xerava, a fully synthetic fluorocycline intravenous antibiotic for the treatment of infections caused by susceptible gram-positive, gram-negative, and anaerobic pathogens; Taniborbactam, a beta-lactamase inhibitor (BLI) which is in phase 3 clinical trial for the treatment of patients with serious bacterial infections; and Etrasimod, an oral selective sphingosine 1-phosphate (S1P) receptor modulator which is in phase 3 clinical trial for to treat moderate-to-severe active ulcerative colitis. The company provides Zetomipzomib, an immunoproteasome inhibitor that is in phase 2b clinical trial, for a range of immune mediated disorders, including lupus nephritis; EVER001, a covalent reversible Bruton’s tyrosine kinase (BTK) inhibitor which is in the phase 1b clinical trial for the treatment of renal diseases; and mRNA platform therapeutic vaccines for cancer and autoimmune diseases.

Everest Medicines Limited Fundamentals Summary

How do Everest Medicines's earnings and revenue compare to its market cap?
1952 fundamental statistics
Market capHK$11.53b
Earnings (TTM)-HK$342.72m
Revenue (TTM)HK$1.96b
5.9x
P/S Ratio
-33.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1952 income statement (TTM)
RevenueCN¥1.71b
Cost of RevenueCN¥524.82m
Gross ProfitCN¥1.18b
Other ExpensesCN¥1.48b
Earnings-CN¥297.77m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.85
Gross Margin69.25%
Net Profit Margin-17.45%
Debt/Equity Ratio16.3%

How did 1952 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 13:47
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Everest Medicines Limited is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bo LiBofA Global Research
Jin ZhangChina International Capital Corporation Limited
Ziyu HeChina International Capital Corporation Limited