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IMPACT Therapeutics, Inc. Class H (7630) AI Stock Analysis

HK:7630

IMPACT Therapeutics, Inc. Class H

(HKEX:7630)

Select Model
Rating:41Neutral
Price Target:$9.00â–²(5.82% Upside)
Action:reiterated
Date:10/30/26

The score is primarily weighed down by weak financial performance—sharp post-2023 revenue contraction, widening losses, negative operating/free cash flow, and balance-sheet stress from persistent negative equity and rising debt. Technicals add further pressure with a clear downtrend (price below key moving averages and negative MACD), while valuation is constrained by a negative P/E and no provided dividend yield.

Positive Factors
Strong Gross MarginsConsistently high gross margins indicate that the company’s products can retain substantial value after direct costs. If revenue recovers, this underlying economics could provide operating leverage, although current losses show that gross profitability is not yet sufficient to support the broader cost base.
Negative Factors
Persistent Negative EquityNegative equity across all provided periods reflects accumulated losses and leaves the company with a limited capital cushion. This weakens financial resilience, reduces flexibility when funding development, and increases the potential need for additional capital as the business continues pursuing oncology programs.

IMPACT Therapeutics, Inc. Class H (7630) vs. iShares MSCI Hong Kong ETF (EWH)

-80%-60%-40%-20%0%20%HK:7630-79.68%EWH+7.37%Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 2.35B
Dividend Yield
―
Average Volume (3M)
3.64M
Price to Earnings (P/E)
-8.2
Beta (1Y)
-0.77
Revenue Growth
394.93%
EPS Growth
15.73%
Country
Hong Kong
Employees
88
Sector
General
Sector Strength
55
Industry
Drug Manufacturers - General

IMPACT Therapeutics, Inc. Class H Business Overview & Revenue Model

Company Description

IMPACT Therapeutics, a biotechnology firm, specializes in the discovery and advancement of precision anti-cancer treatments rooted in synthetic lethality, operating across China and international markets. The company's primary offering, Senaparib (IM...

IMPACT Therapeutics, Inc. Class H Financial Statement Overview

Summary

Weak overall financial health: revenue fell sharply after a strong 2023 base and remains low, operating and net losses widened in 2024–2025, and operating/free cash flow turned materially negative. Balance-sheet risk is elevated with negative equity across periods and debt rising from zero (2023) to substantial levels (2024–2025), despite strong gross margins and slightly improved cash burn in 2025 vs 2024.

Income Statement

18Very Negative

Balance Sheet

9Very Negative

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023
Income Statement
Total Revenue17.14M5.33M4.68M33.27M
Gross Profit14.95M4.49M3.54M32.14M
EBITDA-29.13M-31.42M-26.86M-1.60M
Net Income-36.73M-41.23M-35.54M519.73K
Balance Sheet
Total Assets170.16M47.86M53.26M43.65M
Cash, Cash Equivalents and Short-Term Investments156.99M36.99M46.59M38.95M
Total Debt623.31K123.32M118.21M0
Total Liabilities55.85M184.92M155.18M57.10M
Stockholders Equity114.31M-137.06M-101.93M-13.45M
Cash Flow
Free Cash Flow-14.16M-13.57M-12.28M3.06M
Operating Cash Flow-14.10M-13.36M-12.05M3.10M
Investing Cash Flow-11.05M15.68M-57.18M17.68M
Financing Cash Flow115.35M1.92M62.55M5.59M

IMPACT Therapeutics, Inc. Class H Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

HK:7630 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
HK:6185HK:618551NeutralHKD 13.23B632.610.60%―36.09%―
HK:9887HK:988742NeutralHKD 7.16B-22.08-23.34%――6.66%
HK:7630HK:763041NeutralHKD 2.40B-8.21323.05%―394.93%15.73%
HK:1672HK:167230UnderperformHKD 5.15B-7.05-28.15%―-59.39%-130.04%

* General Sector Average

Performance Comparison

-50%0%50%HK:7630HK:1672HK:6185HK:9887HK:2595HK:1779Jun '26Jul '26Aug '26Sep '26Oct '26
HK:7630 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:7630IMPACT Therapeutics, Inc. Class H8.51-33.35-79.68%
HK:1672Ascletis Pharma, Inc.4.90-4.91-50.05%
HK:6185CanSino Biologics, Inc. Class H25.78-21.42-45.38%
HK:9887Nanjing Leads Biolabs Co., Ltd. Class H36.00-19.40-35.02%
HK:2595Genfleet Therapeutics (Shanghai), Inc. Class H22.50-5.00-18.18%
HK:1779LongBio Pharma (Suzhou) Co., Ltd. Class H50.05-81.75-62.03%

IMPACT Therapeutics, Inc. Class H Corporate Events

IMPACT Therapeutics Reports Positive PARP Inhibitor Data at 2026 ESMO Congress

Oct 23, 2026

IMPACT Therapeutics reported new clinical data for senaparib and PARP1-selective inhibitors IMP1734 and IMP1707, showcased in poster presentations at the 2026 ESMO Congress in Madrid. The update underscores the company’s progress in late-stage...

IMPACT Therapeutics Wins EMA Panel Backing for Ovarian Cancer Drug Senaparib

Sep 18, 2026

IMPACT Therapeutics said the European Medicines Agency’s Committee for Medicinal Products for Human Use has issued a positive opinion recommending marketing authorisation for senaparib, branded as Sepalna, as a first-line maintenance treatment...

IMPACT Therapeutics Gains Access to Mainland Investors via Stock Connect

Sep 7, 2026

IMPACT Therapeutics, Inc. announced that its H shares have been included in the list of eligible securities under the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, effective September 7, 2026. This listing enables qualified Mainla...

IMPACT Therapeutics CEO Boosts Stake in Hong Kong–Listed Biopharma Group

Sep 3, 2026

IMPACT Therapeutics’ chief executive officer and executive director, Dr. Sui Xiong Cai, has increased his stake in the Hong Kong–listed biopharmaceutical company by purchasing 100,000 shares on the open market at an average price of about...

IMPACT Therapeutics Narrows Loss and Strikes Global Senaparib Deal

Aug 31, 2026

IMPACT Therapeutics reported a sharp improvement in interim financial performance for the six months ended June 30, 2026, with revenue rising to RMB105.19 million and its period loss narrowing by 29.5% year on year. The company’s adjusted net l...

IMPACT Therapeutics to Join Hang Seng Composite Index, Bolstering Market Reach

Aug 24, 2026

IMPACT Therapeutics, Inc., a Hong Kong-listed biotechnology company focused on synthetic lethality-based precision oncology, has developed a broad portfolio of PARP inhibitors and other targeted cancer therapies around an integrated R&D platform....

IMPACT Therapeutics Sets Date to Approve Interim 2026 Results

Aug 19, 2026

IMPACT Therapeutics, Inc. has scheduled a board meeting for August 31, 2026 to review and approve the unaudited interim results for the six months ended June 30, 2026. The planned publication of these interim figures will provide investors and other...

IMPACT Therapeutics Advances First PROTAC Candidate IMP2794 for KAT6A-Driven Cancers

Aug 12, 2026

IMPACT Therapeutics has nominated IMP2794 as its first preclinical candidate derived from its proprietary targeted protein degradation platform, marking a key milestone in the company’s push into next-generation oncology therapeutics. The KAT6A...

IMPACT Therapeutics Narrows Loss as Senaparib Commercialization Fuels Revenue Surge

Aug 11, 2026

IMPACT Therapeutics, Inc. reported a sharp rise in first-half 2026 revenue, projecting between RMB94.7 million and RMB115.7 million, driven by the accelerated commercialization of its cancer drug senaparib after inclusion in China’s National Re...

IMPACT Therapeutics Sets Out Governance Framework for New Audit Committee

Jul 31, 2026

IMPACT Therapeutics, Inc. operates in the biopharmaceutical sector and is governed by a board structure aligned with Chinese company law and Hong Kong listing requirements. The company’s H-share listing on the Hong Kong Stock Exchange subjects...

IMPACT Therapeutics Strikes EUR423.5 Million Global Senaparib Deal With Pharmanovia

Jul 30, 2026

IMPACT Therapeutics has entered an exclusive licensing partnership with global specialty pharmaceutical firm Pharmanovia, granting it rights to manufacture, develop and commercialise senaparib for maintenance monotherapy in advanced epithelial high-g...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 30, 2026