Qyuns Therapeutics Co (HKSE:02509) Net Current Asset Value: HK$1.47 (As of Jun. 2026) — 92% Below Median

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HKSE:02509 Qyuns Therapeutics Co Ltd HKSE:02509
9 GF Score
Price HK$16.97
! 5 Warning Signs
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What is Qyuns Therapeutics Co Net Current Asset Value?

Qyuns Therapeutics Co HKSE:02509 +1.13% 9 Net Current Asset Value is HK$1.47 as of Jun. 2026, which is 100% below its 10-year median of 18.54. GuruFocus rates HKSE:02509 with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 928 Biotechnology companies, Qyuns Therapeutics Co ranks worse than 76.08% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Qyuns Therapeutics Co's net current asset value per share for the quarter that ended in Jun. 2026 was HK$1.47.

The historical rank and industry rank for Qyuns Therapeutics Co's Net Current Asset Value or its related term are showing as below:

HKSE:02509' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.65   Med: 18.54   Max: 610
Current: 11.54

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Qyuns Therapeutics Co was 610.00. The lowest was 9.65. And the median was 18.54.

HKSE:02509's Price-to-Net-Current-Asset-Value is ranked worse than
76.08% of 928 companies
in the Biotechnology industry
Industry Median: 4.88 vs HKSE:02509: 11.54

Qyuns Therapeutics Co  (HKSE:02509) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Qyuns Therapeutics Co Net Current Asset Value Related Terms


Qyuns Therapeutics Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Qyuns Therapeutics Co's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qyuns Therapeutics Co Net Current Asset Value Chart

Qyuns Therapeutics Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
1.38 1.22 -0.41 -0.66 1.03

Qyuns Therapeutics Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only 0.03 -0.66 -1.12 1.03 1.47

HKSE:02509 vs VRTX, REGN, RVMD: Net Current Asset Value Comparison

For the Biotechnology subindustry, Qyuns Therapeutics Co's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qyuns Therapeutics Co Price-to-Net-Current-Asset-Value vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Qyuns Therapeutics Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Qyuns Therapeutics Co's Price-to-Net-Current-Asset-Value falls into.


HKSE:02509
9GF Score
Qyuns Therapeutics Co Ltd HKSE:02509
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Qyuns Therapeutics Co Net Current Asset Value Calculation

Qyuns Therapeutics Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1233.611-1017.706--16.497-0)/225.560
=1.03

Qyuns Therapeutics Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2026 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1542.384-1237.236--22.76-0)/223.382
=1.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of HK$1.47 mean?
Qyuns Therapeutics Co (HKSE:02509) has a Net Current Asset Value of HK$1.47 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Qyuns Therapeutics Co and its competitors. This is 92% below median its historical median of 18.54. Over the past decade, Qyuns Therapeutics Co's Net Current Asset Value has ranged from 9.65 to 610.00. According to the industry distribution chart, Qyuns Therapeutics Co ranks #706 out of 928 companies in the Biotechnology industry, placing it in the top 76.1%.
Is Qyuns Therapeutics Co's Net Current Asset Value too high?
Qyuns Therapeutics Co's current Net Current Asset Value of HK$1.47 is 92% below median its 10-year median of 18.54. Over the past 10 years, this metric has ranged from a low of 9.65 to a high of 610.00. Based on the distribution chart, Qyuns Therapeutics Co ranks #706 out of 928 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Qyuns Therapeutics Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Qyuns Therapeutics Co's Net Current Asset Value compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Qyuns Therapeutics Co ranks #706 out of 928 companies for Net Current Asset Value. This places Qyuns Therapeutics Co in the lower half of its industry. The industry median Net Current Asset Value is 4.88. Historically, Qyuns Therapeutics Co's own Net Current Asset Value has ranged from 9.65 to 610.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.88, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Qyuns Therapeutics Co and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qyuns Therapeutics Co's current Net Current Asset Value is HK$1.47, which is 92% below median its own 10-year median of 18.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qyuns Therapeutics Co stock overvalued right now?
Qyuns Therapeutics Co (HKSE:02509) has a current Net Current Asset Value of HK$1.47. The current Net Current Asset Value is HK$1.47, which is 92% below median its 10-year median of 18.54. Qyuns Therapeutics Co's overall GF Score™ is 9/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Qyuns Therapeutics Co (HKSE:02509), the current Net Current Asset Value is HK$1.47 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Qyuns Therapeutics Co Business Description

Address No. 907 Yaocheng Avenue, Room 1310, Building 1, Taizhou, Jiangsu, CHN
Qyuns Therapeutics Co Ltd is a clinical-stage biotech company focused on biologic therapies for autoimmune and allergic diseases, with a self-developed drug pipeline. It has built a pipeline that covers the four disease areas in the field, including skin, rheumatic, respiratory, and digestive diseases. The group is principally engaged in the research and development, manufacturing, and commercialisation of biologic therapies for autoimmune and allergic diseases. Key revenue is generated from the PRC.
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