BeiGene, Ltd. (BGNE) Financial Statements (2024 and earlier)

Company Profile

Business Address C/O MOURANT GOVERNANCE SERVICES (CAYMAN)
GRAND CAYMAN, KY1-1108
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,410,3683,538,6444,534,8154,197,1324,531,1376,244,945
Cash and cash equivalents3,410,3683,538,6443,869,5644,197,1324,531,1374,347,162
Short-term investments   665,251  1,897,783
Restricted cash and investments9,693159196191333330
Receivables301,274310,963176,207191,373174,870196,099
Inventory, net of allowances, customer advances and progress billings321,333296,995282,346290,911262,210245,628
Inventory321,333296,995282,346290,911262,210245,628
Prepaid expense67,28468,49458,78939,82855,59880,626
Deposits current assets   1,510   
Other undisclosed current assets291,467489,063153,2151,029,7331,321,728180,511
Total current assets:4,401,4194,704,3185,207,0785,749,1686,345,8766,948,139
Noncurrent Assets
Operating lease, right-of-use asset99,422108,989109,960110,340117,583115,497
Property, plant and equipment1,031,938925,404845,946681,914633,100624,673
Intangible assets, net (including goodwill)46,89539,73540,61640,84943,32545,807
Intangible assets, net (excluding goodwill)46,89539,73540,61640,84943,32545,807
Restricted cash and investments 1,5134,9635,2773,1893,9396,958
Deferred income tax assets     103,429115,760
Other noncurrent assets147,549173,366170,413140,553130,955164,554
Total noncurrent assets:1,327,3171,252,4571,172,212976,8451,032,3311,073,249
TOTAL ASSETS:5,728,7365,956,7756,379,2906,726,0137,378,2078,021,388
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities721,925659,282762,133827,828828,667661,396
Taxes payable22,66515,56438,505
Employee-related liabilities142,837124,565
Accounts payable266,975241,360294,781252,071234,355236,915
Accrued liabilities454,950417,922467,352410,255454,183385,976
Deferred revenue 159,034185,477213,861144,984163,396163,658
Debt421,0521,935,3632,268,9053,138,961380,729407,387
Other undisclosed current liabilities103,098(1,525,571)(1,776,371)(2,700,462)25,617143,865
Total current liabilities:1,405,1091,254,5511,468,5281,411,3111,398,4091,376,306
Noncurrent Liabilities
Long-term debt and lease obligation207,426206,298209,148244,962227,128241,594
Long-term debt, excluding current maturities207,426206,298209,148208,058185,207201,605
Liabilities, other than long-term debt108,867131,568138,634210,317230,741270,416
Deferred revenue24,27637,34542,026149,899167,570204,369
Deferred income tax liabilities15,65216,06115,99615,24914,73914,219
Other liabilities43,11845,61946,09545,16948,43251,828
Operating lease, liability25,82132,54334,51736,90441,92139,989
Other undisclosed noncurrent liabilities208,775207,052179,625204,252219,385247,572
Total noncurrent liabilities:525,068544,918527,407659,531677,254759,582
Total liabilities:1,930,1771,799,4691,995,9352,070,8422,075,6632,135,888
Equity
Equity, attributable to parent3,798,5594,157,3064,383,3554,655,1715,302,5445,885,500
Common stock137136135135134133
Additional paid in capital11,752,01911,644,95711,540,97911,451,56611,356,68611,268,290
Accumulated other comprehensive income (loss)(143,687)(59,014)(77,417)(161,523)(82,450)17,454
Accumulated deficit(7,809,910)(7,428,773)(7,080,342)(6,635,007)(5,971,826)(5,400,377)
Total equity:3,798,5594,157,3064,383,3554,655,1715,302,5445,885,500
TOTAL LIABILITIES AND EQUITY:5,728,7365,956,7756,379,2906,726,0137,378,2078,021,388

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues595,261447,801380,095387,628341,572306,626
Cost of revenue(96,178)(81,976)(73,710)(76,730)(71,361)(65,425)
Cost of goods and services sold(95,990)(81,789)(73,522)(76,543)(71,173)(65,237)
Gross profit:499,083365,825306,385310,898270,211241,201
Operating expenses(817,798)(737,083)(775,007)(749,255)(709,610)(684,488)
Operating loss:(318,715)(371,258)(468,622)(438,357)(439,399)(443,287)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(63,818)18,30319,438(125,640)(129,617)11,967
Interest and debt expense (4,891)(4,574)(5,119)(5,596)(5,456)(5,528)
Other undisclosed income from continuing operations before equity method investments, income taxes19,96120,59023,33818,35516,88715,599
Income (loss) from continuing operations before income taxes:(367,463)(336,939)(430,965)(551,238)(557,585)(421,249)
Income tax expense(13,674)(11,492)(14,370)(6,318)(13,864)(13,025)
Income (loss) from continuing operations:(381,137)(348,431)(445,335)(557,556)(571,449)(434,274)
Loss before gain (loss) on sale of properties:(557,556)(571,449)(434,274)
Net income (loss) available to common stockholders, diluted:(381,137)(348,431)(445,335)(557,556)(571,449)(434,274)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):(381,137)(348,431)(445,335)(557,556)(571,449)(434,274)
Other comprehensive income (loss)   84,106(79,073)(99,904)(496)
Comprehensive income (loss):(381,137)(348,431)(361,229)(636,629)(671,353)(434,770)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(84,673)18,403    
Comprehensive income (loss), net of tax, attributable to parent:(465,810)(330,028)(361,229)(636,629)(671,353)(434,770)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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