Adagene Inc
Adagene Inc., a clinical stage biotechnology company, engages in the research, development, and production of monoclonal antibody drugs for cancers in the People's Republic of China. Its lead product candidate is the ADG126, a masked fully-human anti-CTLA-4 mAb which is in phase 1b/2 clinical development for the treatment of cancer. The company also develops ADG116, a fully human anti-CTLA-4 anti… Read more
Adagene Inc (ADAG) - Total Assets
Latest total assets as of June 2025: $66.52 Million USD
Based on the latest financial reports, Adagene Inc (ADAG) holds total assets worth $66.52 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Adagene Inc - Total Assets Trend (2018–2024)
This chart illustrates how Adagene Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Adagene Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Adagene Inc's total assets of $66.52 Million consist of 98.3% current assets and 1.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 95.4% |
| Accounts Receivable | $8.31K | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Adagene Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Adagene Inc's current assets represent 98.3% of total assets in 2024, an increase from 95.2% in 2018.
- Cash Position: Cash and equivalents constituted 95.4% of total assets in 2024, up from 29.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Adagene Inc Competitors by Total Assets
Key competitors of Adagene Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
Adagene Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Adagene Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Adagene Inc is currently not profitable relative to its asset base.
Adagene Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.29 | 2.50 | 8.85 |
| Quick Ratio | 2.29 | 2.50 | 8.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $36.85 Million | $ 59.29 Million | $ 85.71 Million |
Adagene Inc - Advanced Valuation Insights
This section examines the relationship between Adagene Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.81 |
| Latest Market Cap to Assets Ratio | 0.70 |
| Asset Growth Rate (YoY) | -22.9% |
| Total Assets | $89.27 Million |
| Market Capitalization | $62.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values Adagene Inc's assets below their book value (0.70 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Adagene Inc's assets decreased by 22.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Adagene Inc (2018–2024)
The table below shows the annual total assets of Adagene Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $89.27 Million | -22.86% |
| 2023-12-31 | $115.73 Million | -24.06% |
| 2022-12-31 | $152.40 Million | -19.58% |
| 2021-12-31 | $189.51 Million | +124.90% |
| 2020-12-31 | $84.26 Million | -20.42% |
| 2019-12-31 | $105.89 Million | +94.59% |
| 2018-12-31 | $54.42 Million | -- |