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Hinova Pharmaceuticals Inc. A

Hinova Pharmaceuticals Inc. is a clinical-stage pharmaceutical company that develops and produces therapeutics for cancers and metabolic syndromes. Its core product is Hainaan, a deuterium enzalutamide soft capsule for the treatment of prostate cancer. The company also develops drugs based on proteolysis targeting chimera and deuteration technology. Its pipeline includes HP518, a PROTAC molecule targeting advanced prostate cancer; HP537, a small-molecule anti-tumor drug; HP515, an orally administered drug that improves liver and blood biochemical indicators; HP570, an orally administered molecular gel degrader targeting VAV1; and HC-X049, a small-molecule project with a STAT6 target layout. Hinova Pharmaceuticals Inc. was incorporated in 2013 and is headquartered in Chengdu, China.

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Hinova Pharmaceuticals Posts Loss of 56.2181 Million Yuan in First Half of 2026

Hinova Pharmaceuticals released its 2026 semi-annual report on August 27. In the first half of the year, the company achieved total operating revenue of 54.9706 million yuan, up 317.48 percent year on year. However, net profit attributable to the parent company showed a loss of 56.2181 million yuan, compared with a loss of 61.8532 million yuan in the same period last year, narrowing the loss. Net profit after deducting non-recurring items was a loss of 67.5744 million yuan, compared with a loss of 73.0056 million yuan a year earlier. Net cash flow from operating activities was negative 46.3941 million yuan, compared with negative 47.428 million yuan in the prior-year period. Basic earnings per share were negative 0.57 yuan, and the weighted average return on net assets was negative 5.43 percent. As of the end of the first half of 2026, the company's inventory book value was 15.2948 million yuan, accounting for 1.52 percent of net assets, an increase of 12.4492 million yuan from the end of last year. No inventory write-down provision was made during the period.
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Hinova Pharmaceuticals reports net loss of 56.2181 million yuan in 2026 interim report

Hinova Pharmaceuticals released its 2026 interim report, showing total operating revenue of 54.9706 million yuan, net profit attributable to the parent company of negative 56.2181 million yuan, and net cash flow from operating activities of negative 46.3941 million yuan. The company's latest asset-liability ratio is 20.86%, gross margin is 97.34%, return on equity is negative 5.58%, and diluted earnings per share is negative 0.57 yuan. The number of shareholders is 7,146, and the top ten shareholders hold 37.71% of total share capital.
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Hinova Pharmaceuticals' Deuterated Enzalutamide Soft Capsules Approved for Phase III Clinical Trial in Prostate Cancer

Hinova Pharmaceuticals announced that its self-developed Class 1 new drug, deuterated enzalutamide soft capsules, has received approval from the National Medical Products Administration to conduct a Phase III clinical trial for high-risk biochemical recurrence prostate cancer. The trial will compare the efficacy of deuterated enzalutamide combined with androgen deprivation therapy against placebo combined with androgen deprivation therapy. Deuterated enzalutamide soft capsules previously received support from the National Major New Drug Creation Program and were approved for marketing on May 27, 2025, for the treatment of metastatic castration-resistant prostate cancer, and have been included in the national medical insurance directory. In the first quarter of 2026, the company achieved revenue of 26.03 million yuan, with a net loss attributable to the parent company of 29.88 million yuan.
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