← HUTCHMED (China) Ltd

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $216.1m $241.2m $214.1m $204.9m $228.0m $356.1m $426.4m $838.0m $630.2m $548.5m
Cost of Revenue $149.1m $169.8m ($15.6m) ($13.4m) ($13.9m) ($10.7m) ($7.9m) ($5.7m) $348.9m $336.3m
Cost of goods and services ($15.2m) ($21.2m) ($15.6m) ($13.4m) ($13.9m) ($10.7m) ($7.9m) ($5.7m) ($348.9m) ($336.3m)
Gross Profit (Calculated) (derived) $66.9m $71.4m $198.5m $191.5m $214.0m $345.5m $418.5m $832.3m $281.3m $212.2m
Operating Expenses $262.8m — — — — — — — — —
Total operating expenses ($262.8m) ($294.6m) ($306.8m) ($351.3m) ($424.6m) ($684.4m) ($834.1m) ($819.6m) ($673.9m) ($587.7m)
(Loss)/income from operations ($46.7m) ($53.4m) ($92.6m) ($146.4m) ($196.7m) ($328.3m) ($407.7m) $18.4m ($43.7m) ($39.2m)
Operating Income (Loss) ($46.7m) ($53.4m) ($92.6m) ($146.4m) ($196.7m) ($328.3m) ($407.7m) $18.4m ($43.7m) ($39.2m)
Additional Financial Items
Goodwill, Impairment Loss $0 $0 — — — — — — — —
Income (Loss) from Continuing Operations, Per Basic Share $0 — — — — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $0 — — — — — — — — —
Income (Loss) from Equity Method Investments $66.2m $33.7m $19.3m $40.7m $79.0m $60.6m $49.8m $47.3m $46.5m $22.7m
Gain on divestment of an equity investee — — — — — $121.3m — — — $476.9m
Interest income $502k $1.2m $6.0m $4.9m $3.2m $2.1m $9.6m $36.1m $40.1m $49.9m
Other income $609k $808k $1.8m $1.9m $4.6m $2.4m $1.8m $12.9m $10.3m $19.7m
Income/(loss) before income taxes and equity in earnings of equity investees ($47.4m) ($53.5m) ($86.7m) ($141.1m) ($189.7m) ($215.7m) ($410.4m) $58.3m ($1.1m) $498.7m
Equity in earnings of equity investees, net of tax $66.2m $33.7m $19.3m $40.7m $79.0m $60.6m $49.8m $47.3m $46.5m $22.7m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $20.5m — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $11.7m — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $14.6m — — — — — — — — —
Less: Net income attributable to non-controlling interests ($2.9m) ($3.8m) ($3.5m) ($2.3m) ($10.2m) ($27.6m) ($449k) ($314k) ($441k) ($823k)
Net Income (Loss) Attributable to Parent $11.7m ($26.7m) ($74.8m) ($106.0m) ($125.7m) ($194.6m) ($360.8m) $100.8m $37.7m $456.9m
Net Income (Loss) Available to Common Stockholders, Basic $11.7m ($26.7m) ($71.3m) ($103.7m) ($115.5m) ($167.0m) ($360.4m) $100.8m $37.7m $456.9m
Net Income (Loss) Attributable to Noncontrolling Interest $2.9m $3.8m $3.5m $2.3m $10.2m $27.6m $449k $314k $441k $823k
Earnings Per Share, Basic $0.20 ($0.43) ($1.13) ($0.16) ($0.18) ($0.25) ($0.43) $0.12 $0.04 $0.53
Earnings Per Share, Diluted $0.20 ($0.43) ($1.13) — — ($0.25) ($0.43) $0.12 $0.04 $0.52
Weighted Average Number of Shares Outstanding, Basic 59.7m 61.7m 66.4m 665.7m 697.9m 792.7m 847.1m 849.7m 855.4m 858.3m
Weighted Average Number of Shares Outstanding, Diluted 60.0m 61.7m 66.4m — — 792.7m 847.1m 869.2m 872.8m 872.9m
Research and Development Expense $66.9m $75.5m $114.2m $138.2m $174.8m $299.1m $386.9m $302.0m $212.1m $148.3m
Research and development expenses ($66.9m) ($75.5m) ($114.2m) ($138.2m) ($174.8m) ($299.1m) ($386.9m) ($302.0m) ($212.1m) ($148.3m)
General and Administrative Expense $21.6m $24.0m $30.9m $39.2m $50.0m $89.3m $92.2m $79.8m $64.3m $66.7m
Other Nonoperating Income (Expense) ($139k) — — — — — — — — —
Costs and Expenses — $294.6m $306.8m $351.3m $424.6m $684.4m $834.1m $819.6m $673.9m $587.7m
Labor and Related Expense — $24.8m $35.3m $46.2m $63.5m $91.6m $119.3m $93.0m $69.1m $58.3m
Operating Lease, Expense — — — $4.0m $3.7m $4.4m $5.4m — — —
Selling Expense $18.0m $19.3m $17.7m $13.7m $11.3m $37.8m $43.9m $53.4m $48.6m $36.3m
Selling expenses ($18.0m) ($19.3m) ($17.7m) ($13.7m) ($11.3m) ($37.8m) ($43.9m) ($53.4m) ($48.6m) ($36.3m)
Administrative expenses ($21.6m) ($24.0m) ($30.9m) ($39.2m) ($50.0m) ($89.3m) ($92.2m) ($79.8m) ($64.3m) ($66.7m)
Other expense ($139k) ($692k) ($781k) ($488k) ($115k) ($12.6m) ($13.5m) ($8.4m) ($4.9m) ($5.8m)
Interest Expense (non-operating) — — — — — — — — $2.9m $2.9m
Interest Expense $1.6m $1.5m $1.0m $1.0m $787k $592k $652k $759k ($2.9m) ($2.9m)
Current Income Tax Expense (Benefit) — $1.4m $2.0m $1.7m $1.5m $16.6m $3.3m $2.3m $1.9m $63.7m
Income tax expense ($4.3m) ($3.1m) ($4.0m) ($3.3m) ($4.8m) ($11.9m) $283k ($4.5m) ($7.2m) ($63.6m)
Total other income/(expense) ($659k) ($119k) $6.0m $5.3m $6.9m ($8.7m) ($2.7m) $39.9m $42.6m $61.0m
Income Tax Expense (Benefit) $4.3m $3.1m $4.0m $3.3m $4.8m $11.9m ($283k) $4.5m $7.2m $63.6m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.