HCM Stock Price Chart
Daily OHLCV with technical indicators — pan, zoom, and customize your view
04
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$549M2016-12-31 → 2025-12-31
EPS$0.522016-12-31 → 2025-12-31
Free Cash Flow$-79M2016-12-31 → 2025-12-31
Net margin83.3%2016-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
HCM
5Y avg
Peer Median
Verdict
P/E
27.35Y avg ≈72.4
≈72.4
·
·
P/S
22.65Y avg ≈35.0
≈35.0
·
·
P/B
10.05Y avg ≈19.8
≈19.8
·
·
EV / EBITDA
-430.85Y avg ≈-67.2
≈-67.2
·
·
Price / FCF
-157.25Y avg ≈-192.5
≈-192.5
·
·
Price / Cash Flow
-191.65Y avg ≈4993.4
≈4993.4
·
·
EV / Revenue
20.35Y avg ≈33.3
≈33.3
·
·
EV / FCF
-141.35Y avg ≈-180.5
≈-180.5
·
·
Price / Tangible Book
10.15Y avg ≈19.9
≈19.9
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
HCM
5Y avg
Peer Median
Verdict
Operating Margin
-7.1%5Y avg ≈-39.9%
≈-39.9%
·
·
EBITDA Margin
-4.7%5Y avg ≈-38.1%
≈-38.1%
·
·
Pretax Margin
90.9%5Y avg ≈-11.8%
≈-11.8%
·
·
Net Profit Margin
83.3%5Y avg ≈-7.6%
≈-7.6%
·
·
ROA
30.2%5Y avg ≈-1.3%
≈-1.3%
·
·
ROE
45.7%5Y avg ≈-1.2%
≈-1.2%
·
·
ROIC
-2.5%5Y avg ≈-27.5%
≈-27.5%
·
·
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
HCM
5Y avg
Peer Median
Verdict
Debt / Equity
0.15Y avg ≈0.1
≈0.1
·
·
Current Ratio
5.05Y avg ≈3.4
≈3.4
·
·
Quick Ratio
4.75Y avg ≈3.1
≈3.1
·
·
Long-Term Debt / Equity
0.15Y avg ≈0.1
≈0.1
·
·
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
HCM
5Y avg
Peer Median
Verdict
EPS (Diluted)
$0.525Y avg ≈$0.00
≈$0.00
·
·
Revenue / Share
$0.635Y avg ≈$0.65
≈$0.65
·
·
Cash Flow / Share
$-0.075Y avg ≈$-0.08
≈$-0.08
·
·
Cash / Share
$0.085Y avg ≈$0.28
≈$0.28
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
HCM
5Y avg
Peer Median
Verdict
Asset Turnover
0.45Y avg ≈0.5
≈0.5
·
·
Inventory Turnover
7.3
·
·
·
Receivables Turnover
3.95Y avg ≈5.3
≈5.3
·
·
Revenue / Employee
≈$306.4K
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise95.6%
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2023
$0.19
$-0.38
149.9%
Dec. 31, 2021
$-0.26
$-1.06
75.6%
June 30, 2021
$-0.14
$-0.77
81.9%
Dec. 31, 2020
$-0.11
$-0.44
75.2%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement17
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue
$549M
$630M
$838M
$426M
$356M
$228M
$205M
$214M
$241M
$216M
$178M
$87M
Cost of Revenue
$336M
$349M
$384M
$311M
·
·
·
·
$170M
$149M
$105M
$53M
R&D Expense
$148M
$212M
$302M
$387M
$299M
$175M
$138M
$114M
$76M
$67M
$47M
$30M
SG&A Expense
$67M
$64M
$80M
$92M
$89M
$50M
$39M
$31M
$24M
$22M
$20M
$13M
Operating Expenses
$588M
$674M
$820M
$834M
$684M
$425M
$351M
$307M
$295M
$263M
$188M
$106M
Operating Income
$-39M
$-44M
$18M
$-408M
$-328M
$-197M
$-146M
$-93M
$-53M
$-47M
$-10M
$-18M
Interest Expense
·
·
$759.0K
$652.0K
$592.0K
$787.0K
$1M
$1M
$1M
$2M
$1M
$2M
Interest Income
$50M
$40M
$36M
$10M
$2M
$3M
$5M
$6M
$1M
$502.0K
$451.0K
$559.0K
Other Non-op
$61M
$43M
$40M
$-3M
$-9M
$7M
$5M
$6M
$-119.0K
$-659.0K
$-769.0K
$-761.0K
Pretax Income
$499M
$-1M
$58M
$-410M
$-216M
$-190M
$-141M
$-87M
$-54M
$-47M
$-11M
$-3M
Income Tax
$64M
$7M
$5M
$-283.0K
$12M
$5M
$3M
$4M
$3M
$4M
$2M
$1M
Net Income
$457M
$38M
$101M
$-361M
$-195M
$-126M
$-106M
$-75M
$-27M
$12M
$8M
$-7M
EPS (Basic)
$0.53
$0.04
$0.12
$-0.43
$-0.25
$-0.18
$-0.16
$-0.11
$-0.04
$0.20
$-0.64
$-0.62
EPS (Diluted)
$0.52
$0.04
$0.12
$-0.43
$-0.25
$-0.18
$-0.16
$-1.13
$-0.43
$0.20
$-0.64
$-0.62
Shares (Basic)
858,276,608
855,351,683
849,654,296
847,143,540
792,684,524
697,931,437
665,683,145
664,263,820
617,171,710
59,715,173
54,659,315
52,563,387
Shares (Diluted)
872,891,120
872,829,129
869,196,348
847,143,540
792,684,524
697,931,437
665,683,145
66,426,382
61,717,171
59,971,050
54,659,315
52,563,387
EBITDA
$-26M
$-31M
$27M
$-399M
$-321M
$-191M
$-141M
$-89M
$-51M
$-44M
·
·
Balance Sheet29
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Cash & Equivalents
$71M
$154M
$284M
$313M
$378M
$236M
$121M
$86M
$85M
$79M
$32M
$39M
Short-term Investments
$1.30B
$682M
$603M
$318M
$634M
$200M
$96M
$215M
$273M
$24M
$0
·
Receivables
$127M
$156M
$117M
$98M
$84M
$48M
$41M
$40M
$38M
$41M
$33M
·
Inventory
$41M
$50M
$50M
$57M
$36M
$20M
$16M
$12M
$12M
$13M
$10M
·
Prepaid Expense
$8M
$8M
$7M
$22M
$14M
$7M
$4M
$4M
$3M
$699.0K
·
·
Current Assets
$1.57B
$1.07B
$1.10B
$840M
$1.21B
$531M
$317M
$371M
$432M
$167M
$90M
·
PP&E (Net)
$95M
$92M
$100M
$76M
$41M
$24M
$21M
$17M
$14M
$10M
$9M
·
PP&E (Gross)
$168M
$152M
$146M
$113M
$74M
$50M
$44M
$36M
$32M
$24M
$22M
·
Accum. Depreciation
·
·
·
$37M
$33M
$26M
$23M
$20M
$17M
$14M
$13M
$13M
Goodwill
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
Intangibles
$9M
·
$21.0K
$85.0K
$163.0K
$227.0K
$275.0K
$347.0K
$430.0K
$469.0K
$571.0K
·
Other Non-current Assets
$20M
$12M
$15M
$16M
$22M
$20M
$6M
·
·
·
·
·
Total Assets
$1.75B
$1.27B
$1.28B
$1.03B
$1.37B
$724M
$465M
$532M
$598M
$342M
$230M
·
Accounts Payable
$46M
$43M
$36M
$71M
$41M
$32M
$24M
$26M
$24M
$36M
$21M
·
Short-term Debt
$25M
$23M
$31M
·
·
·
·
·
·
·
·
·
Current Liabilities
$316M
$377M
$403M
$354M
$312M
$158M
$113M
$85M
$105M
$95M
$81M
·
Capital Leases
$2M
$4M
$3M
$5M
$7M
$6M
$3M
·
·
·
·
·
Deferred Tax
$255.0K
$3M
$1M
$3M
$3M
$5M
$3M
·
$4M
$4M
$3M
·
Other Non-current Liabilities
·
$11M
$11M
$12M
$12M
$9M
$6M
$2M
$1M
$8M
$10M
·
Total Liabilities
$502M
$502M
$536M
$393M
$333M
$205M
$152M
$120M
$113M
$138M
$127M
·
Long-term Debt
$93M
$83M
$79M
$18M
·
·
·
$27M
$30M
$47M
$50M
·
Total Debt
$118M
$106M
$110M
$18M
$27M
$27M
$27M
$27M
$30M
$27M
·
·
Common Stock
$87M
$87M
$87M
$86M
$86M
$73M
$67M
$67M
$66M
$61M
$57M
·
Retained Earnings
$-379M
$-833M
$-871M
$-971M
$-610M
$-416M
$-290M
$-183M
$-107M
$-80M
$-92M
·
Treasury Stock
·
·
·
·
·
·
·
·
·
$2M
$2M
·
AOCI
$-5M
$-12M
$-8M
$-2M
$6M
$4M
$-4M
$-243.0K
$5M
$-4M
$5M
·
Stockholders' Equity
$1.24B
$760M
$731M
$610M
$987M
$484M
$288M
$389M
$462M
$184M
$83M
·
Liabilities + Equity
$1.75B
$1.27B
$1.28B
$1.03B
$1.37B
$724M
$465M
$532M
$598M
$342M
$230M
·
Shares Outstanding
872,328,000
871,601,000
871,256,000
864,775,000
864,531,000
727,722,000
666,906,000
666,577,000
664,470,000
607,058,000
56,533,000
53,076,000
Cash Flow14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
D&A
$13M
$12M
$8M
$9M
$7M
$6M
$5M
$4M
$3M
$2M
$2M
$1M
Deferred Tax
$-118.0K
$5M
$2M
$-4M
$-5M
$3M
$2M
$2M
$2M
$3M
$1M
·
Other Non-cash
$-596M
$-117M
$179M
$146M
$20M
$84M
$35M
$44M
$-1M
$-24M
·
·
Operating Cash Flow
$-65M
$497.0K
$219M
$-269M
$-204M
$-62M
$-81M
$-33M
$-9M
$-10M
$-9M
$8M
CapEx
$14M
$18M
$33M
$37M
$16M
$8M
$9M
$6M
$5M
$4M
$3M
$4M
Investing Cash Flow
$-29M
$-96M
$-291M
$297M
$-306M
$-125M
$119M
$44M
$-261M
$-34M
$9M
$-15M
Stock Issued
$2M
$790.0K
$5M
$174.0K
$717M
$319M
$251.0K
$4M
$302M
$111M
$1M
$3M
Stock Repurchased
·
$36M
$9M
$48M
$27M
$13M
$346.0K
$5M
$1M
$604.0K
$2M
·
Net Stock Activity
$2M
$-35M
$-4M
$-48M
$690M
$306M
$-95.0K
$-2M
$300M
$110M
·
·
Financing Cash Flow
$8M
$-31M
$49M
$-83M
$650M
$296M
$-1M
$-8M
$273M
$92M
$-5M
$-641.0K
Net Change in Cash
$-83M
$-130M
$-30M
$-64M
$142M
$114M
$35M
$771.0K
$6M
$47M
$-7M
$-8M
Taxes Paid
$62M
$4M
$4M
$19M
$5M
$6M
$3M
$4M
$4M
$3M
$510.0K
$-908.0K
Free Cash Flow
$-79M
$-17M
$187M
$-305M
$-221M
$-70M
$-89M
$-39M
$-14M
$-14M
·
·
Levered FCF
·
·
$186M
$-306M
$-221M
$-71M
$-91M
$-40M
$-16M
$-15M
·
·
Profitability7
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Operating Margin
-7.1%
-6.9%
2.2%
-95.6%
-92.2%
-86.3%
-71.5%
-43.3%
-22.1%
-21.6%
·
·
Net Margin
83.3%
6.0%
12.0%
-84.6%
-54.7%
-55.1%
-51.7%
-34.9%
-11.1%
5.4%
·
·
Pretax Margin
90.9%
-0.18%
7.0%
-96.2%
-60.6%
-83.2%
-68.9%
-40.5%
-22.2%
9.5%
·
·
EBITDA Margin
-4.7%
-5.0%
3.2%
-93.6%
-90.2%
-83.6%
-69.0%
-41.6%
-21.1%
-20.5%
·
·
ROA
30.2%
2.9%
8.7%
-30.0%
-18.6%
-21.1%
-21.3%
-13.2%
-5.7%
4.1%
·
·
ROE
45.7%
5.1%
15.0%
-45.2%
-26.5%
-32.6%
-31.3%
-17.6%
-8.3%
8.7%
·
·
ROIC
-2.5%
-37.8%
2.0%
-64.8%
-34.2%
-39.5%
-47.6%
-23.3%
-11.5%
-17.4%
·
·
Liquidity & Solvency5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Current Ratio
5.0
2.8
2.7
2.4
3.9
3.4
2.8
4.3
4.1
1.8
·
·
Quick Ratio
4.7
2.6
2.5
2.1
3.5
3.0
2.3
4.0
3.8
1.5
·
·
Debt / Equity
0.1
0.1
0.2
0.0
0.0
0.1
0.1
0.1
0.1
0.1
·
·
LT Debt / Equity
0.1
0.1
0.1
0.0
·
0.1
0.1
0.1
·
0.1
·
·
Interest Coverage
·
·
24.2
-625.3
-554.6
-249.9
-142.1
-91.8
-36.7
-28.6
·
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Asset Turnover
0.4
0.5
0.7
0.4
0.3
0.4
0.4
0.4
0.5
0.8
·
·
Inventory Turnover
7.3
6.9
·
·
·
·
·
·
13.8
13.3
·
·
Receivables Turnover
3.9
4.6
7.8
4.7
5.4
5.2
5.0
5.4
6.1
5.8
·
·
Per Share5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Book Value / Share
$1.42
$0.87
$0.84
$0.71
$1.14
$0.67
$0.43
$5.84
$6.95
$3.04
·
·
Revenue / Share
$0.63
$0.72
$0.96
$0.50
$0.45
·
·
$3.22
$3.91
$3.60
·
·
Cash Flow / Share
$-0.07
$0.00
$0.25
$-0.32
$-0.26
·
·
$-0.49
$-0.14
$-0.16
·
·
Cash / Share
$0.08
$0.18
$0.33
$0.36
$0.44
$0.32
$0.18
$1.29
$1.28
$1.31
·
·
EPS (TTM)
$0.52
$0.04
$0.12
$-0.43
$-0.25
$-0.18
$-0.16
$-1.13
$-0.43
$0.20
·
·
Valuation (TTM)14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue TTM
$549M
$630M
$838M
$426M
$356M
$228M
$205M
$214M
$241M
$216M
·
·
Net Income TTM
$457M
$38M
$101M
$-361M
$-195M
$-126M
$-106M
$-75M
$-27M
$12M
·
·
Market Cap
$11.63B
$12.56B
$15.78B
$12.78B
$30.33B
$23.30B
$16.72B
$1.54B
$2.62B
$824M
·
·
Enterprise Value
$10.38B
$11.83B
$15.00B
$12.17B
$29.34B
$22.89B
$16.53B
$1.26B
$2.29B
$747M
·
·
P/E
25.6
360.2
150.9
-34.4
-140.3
-177.9
-156.7
-20.4
-91.7
67.8
·
·
P/S
21.2
19.9
18.8
30.0
85.2
102.2
81.6
7.2
10.9
3.8
·
·
P/B
9.4
16.5
21.6
20.9
30.7
48.1
58.1
4.0
5.7
4.5
·
·
P / Tangible Book
9.5
16.6
21.7
21.1
30.8
48.5
·
·
·
·
·
·
P / Cash Flow
-179.8
25271.2
72.0
-47.6
-148.5
-375.4
-206.6
-46.9
-292.9
-86.1
·
·
P / FCF
-147.6
-720.3
84.5
-41.9
-137.5
-332.8
-186.9
-39.3
-187.6
-59.3
·
·
EV / EBITDA
-401.5
-377.2
564.4
-30.5
-91.4
-120.1
-116.9
-14.2
-45.1
-16.8
·
·
EV / FCF
-131.7
-678.5
80.4
-39.9
-133.0
-327.0
-184.7
-32.3
-164.1
-53.8
·
·
EV / Revenue
18.9
18.8
17.9
28.5
82.4
100.4
80.7
5.9
9.5
3.5
·
·
Earnings Yield
3.9%
0.28%
0.66%
-2.9%
-0.71%
-0.56%
-0.64%
-4.9%
-1.1%
1.5%
·
·
Per Share1
Metric
Trend
Q4 2019
Q4 2018
EPS (TTM)
$-0.16
$-1.13
Valuation (TTM)4
Metric
Trend
Q4 2019
Q4 2018
Revenue TTM
$205M
$214M
Net Income TTM
$-106M
$-75M
P/E
-156.7
-20.4
Earnings Yield
-0.64%
-4.9%
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$549M
$630M
$838M
$426M
$356M
Operating Margin %
-7.1%
-6.9%
2.2%
-95.6%
-92.2%
Net Income
$457M
$38M
$101M
$-361M
$-195M
Diluted EPS
$0.52
$0.04
$0.12
$-0.43
$-0.25
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
0.1
0.1
0.2
0.0
0.0
Current Ratio
5.0
2.8
2.7
2.4
3.9
Quick Ratio
4.7
2.6
2.5
2.1
3.5
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-79M
$-17M
$187M
$-305M
$-221M
Institutional owners (13F)
58 filers
· $45.7M total
· As of June 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders58
Value held$45.7M
New positions9
Exited positions4
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
9 (+1 vs prior Q)
4 (-1 vs prior Q)
14 (+1 vs prior Q)
23 (+4 vs prior Q)
+134K
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Filer
Filed
Stake
Status
Purpose
Filing
HUTCHMED Group Investment Limited (formerly known as “Hutchison China MediTech Investment Limited”), HUTCHMED (China) Limited
General Atlantic Singapore HCM Pte. Ltd., General Atlantic Singapore Fund Pte. Ltd., General Atlantic Singapore Interholdco Ltd., General Atlantic Partners (Bermuda) IV, L.P., General Atlantic Partners (Bermuda) EU, L.P., General Atlantic Partners (Lux) SCSp, L.P., General Atlantic GenPar (Lux) SCSp, L.P., General Atlantic (Lux) S.à r.l., General Atlantic GenPar (Bermuda), L.P., GAP (Bermuda) Limited, General Atlantic LLC, GAP Coinvestments III, LLC, GAP Coinvestments IV, LLC, GAP Coinvestments V, LLC, GAP Coinvestments CDA, L.P.
×2 filings
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
4 insiders
· 4 officers · 2 directors