Adagene Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	252	89	88	85	58	352
Market Cap Growth	220.94%	1.11%	4.06%	47.15%	-83.64%	-
Enterprise Value	182	33	13	-19	-94	151
Last Close Price	3.81	1.89	1.99	1.93	1.32	8.07
PS Ratio	32.82	11.61	853.64	4.68	6.19	34.55
PB Ratio	5.11	1.72	1.74	1.20	0.69	2.25
P/TBV Ratio	7.12	2.52	1.74	1.20	0.69	2.25
EV/Sales Ratio	23.75	4.32	128.05	-	-	14.84
Debt / Equity Ratio	0.12	0.12	0.37	0.32	0.34	0.05
Net Debt / Equity Ratio	-1.34	-1.34	-1.35	-1.24	-1.39	-1.07
Net Debt / EBITDA Ratio	3.31	3.31	1.94	3.85	1.40	2.34
Net Debt / FCF Ratio	4.44	4.44	2.30	3.07	2.35	3.63
Asset Turnover	0.09	0.09	0.00	0.14	0.05	0.07
Quick Ratio	3.01	3.01	2.28	3.50	2.62	6.10
Current Ratio	3.07	3.07	2.30	3.61	2.71	6.24
Return on Equity (ROE)	-34.38%	-34.38%	-55.21%	-24.66%	-66.74%	-66.04%
Return on Assets (ROA)	-16.00%	-16.00%	-21.92%	-11.06%	-30.68%	-33.04%
Return on Capital Employed (ROCE)	-40.40%	-40.40%	-70.40%	-28.10%	-86.20%	-45.30%
Earnings Yield	-7.00%	-19.77%	-37.94%	-22.38%	-139.00%	-20.81%
FCF Yield	-6.23%	-17.60%	-33.75%	-33.71%	-85.69%	-13.06%
Buyback Yield / Dilution	-4.83%	-4.83%	-2.83%	-1.11%	-8.20%	-213.67%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q