v3.25.2
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting  
Schedule of segment information

 

Six Months Ended June 30, 2025

Oncology/Immunology

Marketed

Other

    

R&D

    

Products

    

Subtotal

    

Ventures

    

Unallocated

    

Total

 

(in US$000)

Revenue from external customers

44,408

99,039

143,447

134,230

277,677

Cost of revenue

(38,223)

(38,223)

(129,354)

(167,577)

Research and development expenses

(71,990)

(71,990)

(71,990)

Selling expenses

(11,828)

(11,828)

(2,045)

(13,873)

Administrative expenses

(14,599)

(1,564)

(16,163)

(2,222)

(9,366)

(27,751)

Gain on divestment of an equity investee

477,456

477,456

Interest income

509

509

57

19,023

19,589

Interest expense

(1,033)

(1,033)

(257)

(175)

(1,465)

Equity in earnings of an equity investee, net of tax

23,125

23,125

Income tax expense

(394)

(67)

(461)

(61,614)

(1,087)

(63,162)

Other segment items

(2,612)

(74)

(2,686)

928

4,683

2,925

Net (loss)/income attributable to the Company

(45,711)

47,283

1,572

440,304

13,078

454,954

Depreciation/ amortization

(5,602)

(422)

(6,024)

(51)

(43)

(6,118)

Additions to non-current assets (other than financial instruments and deferred tax assets)

5,649

10,000

15,649

150

15,799

 

Six Months Ended June 30, 2024

 

Oncology/Immunology

 

Marketed

Other

    

R&D

    

Products

    

Subtotal

    

Ventures

    

Unallocated

    

Total

 

(in US$000)

Revenue from external customers

40,841

127,796

168,637

137,044

305,681

Cost of revenue

(48,458)

(48,458)

(131,677)

(180,135)

Research and development expenses

(95,256)

(95,256)

(95,256)

Selling expenses

(24,817)

(24,817)

(2,534)

(27,351)

Administrative expenses

(16,395)

(341)

(16,736)

(2,346)

(11,378)

(30,460)

Interest income

418

418

116

20,040

20,574

Interest expense

(914)

(914)

(362)

(200)

(1,476)

Equity in earnings of an equity investee, net of tax

33,807

33,807

Income tax expense

(579)

(530)

(1,109)

(97)

(1,680)

(2,886)

Other segment items

4,048

(455)

3,593

198

(488)

3,303

Net (loss)/income attributable to the Company

(67,837)

53,195

(14,642)

34,149

6,294

25,801

Depreciation/ amortization

(6,076)

(6,076)

(130)

(46)

(6,252)

Additions to non-current assets (other than financial instruments and deferred tax assets)

3,763

3,763

1,929

1,234

6,926

 

June 30, 2025

Oncology/Immunology

Marketed

Other

    

R&D

     

Products

    

Subtotal

    

Ventures

    

Unallocated

    

Total

 

(in US$000)

Total assets

209,654

104,056

313,710

156,150

1,306,080

1,775,940

Property, plant and equipment

94,080

94,080

415

78

94,573

Right-of-use assets

1,730

1,730

1,317

832

3,879

Leasehold land

10,883

10,883

10,883

Intangible asset (note)

9,647

9,647

9,647

Goodwill

3,064

3,064

Investment in an equity investee

3,645

3,645

Investment in equity security

5,000

5,000

5,000

Note: During the six months ended June 30, 2025, Tazemetostat was granted approval by the National Medical Products Administration of China for the treatment of adult patients with relapsed or refractory follicular lymphoma with EZH2 mutation, triggering a US$10 million milestone payment, and a corresponding intangible asset was recognized.

 

December 31, 2024

 

Oncology/Immunology

 

Marketed

Other

    

R&D

    

Products

    

Subtotal

    

Ventures

    

Unallocated

    

Total

 

(in US$000)

Total assets

225,661

88,502

314,163

194,604

765,429

1,274,196

Property, plant and equipment

91,929

91,929

448

121

92,498

Right-of-use assets

1,845

1,845

1,615

1,037

4,497

Leasehold land

10,706

10,706

10,706

Goodwill

2,990

2,990

Investment in an equity investee

77,765

77,765

Investment in equity security

5,000

5,000

5,000

Schedule of geographic information

    

Six Months Ended June 30,

2025

    

2024

 

(in US$000)

Revenue from external customers:

 

  

 

  

PRC

 

205,120

 

229,069

US and Others

 

72,557

 

76,612

 

277,677

 

305,681

June 30, 2025

December 31, 2024

    

PRC

    

US and Others

    

Total

    

PRC

    

US and Others

    

Total

(in US$000)

Total assets

 

1,716,982

 

58,958

 

1,775,940

 

1,212,722

 

61,474

 

1,274,196

Property, plant and equipment

 

94,030

 

543

 

94,573

 

91,849

 

649

 

92,498

Right-of-use assets

 

3,252

 

627

 

3,879

 

4,086

 

411

 

4,497

Leasehold land

 

10,883

 

 

10,883

 

10,706

 

 

10,706

Intangible asset

 

9,647

 

 

9,647

 

 

 

Goodwill

 

3,064

 

 

3,064

 

2,990

 

 

2,990

Investment in an equity investee

 

3,645

 

 

3,645

 

77,765

 

 

77,765

Investment in equity security

 

5,000

 

 

5,000

 

5,000

 

 

5,000

Schedule of customers which accounted for over 10% of the group's revenue

Six Months Ended June 30,

    

2025

    

2024

(in US$000)

Customer A

 

72,557

76,612

Customer B

 

32,513

45,396