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Added to YB: 2026-01-22

Pitch date: 2026-01-20

2181.HK [bullish]

Mabpharm Limited

+2%

current return

Author Info

No bio for this author

Company Info

Mabpharm Limited, a biopharmaceutical company, engages in research, development, production, and commercialization of drugs and biosimilar for cancers and autoimmune diseases in the People’s Republic of China.

Market Cap

HKD 1.8B

Pitch Price

HKD 0.50

Price Target

2.23 (+337%)

Dividend

N/A

EV/EBITDA

56.67

P/E

-48.03

EV/Sales

4.84

Sector

Biotechnology

Category

growth

Show full summary:
Mabpharm: Profitable, Scalable, and Under the Radar

2181.HK (new position): China biotech w/ 40k liter capacity, 6th largest antibody manufacturer. 140% 3Y rev CAGR, 86% GM, just profitable. 3 approved biosimilars + biobetter, peak sales potential 3.7b CNY by 2030 vs 600m CNY 2025e (32% CAGR). 3.4x EV/Sales 2025e. Risk: low liquidity, gov pricing pressure.

Read full article (9 min)