Sagimet Biosciences (SGMT) Change in Cash (2022 - 2024)

Sagimet Biosciences (SGMT) recorded quarterly Change in Cash of -$80.8 million in Q2 2024, down 179.52% quarter-over-quarter from $101.6 million in Q1 2024, and down 1409.85% on a YoY basis from $6.2 million in Q3 2023.

Sagimet Biosciences (SGMT) Change in Cash (2022 - 2024) Analysis & Trends

Sagimet Biosciences' Change in Cash history runs 3 years deep, the most recent figure standing at -$80.8 million for Q2 2024.

  • In Q2 2024, Change in Cash fell 1409.85% year-over-year to -$80.8 million; the TTM figure through Jun 2024 stood at $4.3 million (down 97.48% YoY), while the FY2025 annual figure was $1.6 million, up 114.43% from the prior year.
  • Change in Cash was -$80.8 million for Q2 2024 at Sagimet Biosciences, down from $101.6 million in the prior quarter.
  • In the past five years, Change in Cash ranged from a high of $156.2 million in Q4 2022 to a low of -$99.8 million in Q4 2023.
  • Historically, Change in Cash has averaged $22.1 million across 3 years, with a median of $9.2 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Change in Cash surged 3830.26% in 2023, then tumbled 1409.85% in 2024.
  • A 3-year view of Change in Cash shows it stood at $156.2 million in 2022, then sank by 163.9% to -$99.8 million in 2023, then climbed by 19.03% to -$80.8 million in 2024.
  • The last three Change in Cash figures came in at -$80.8 million (Q2 2024), $101.6 million (Q1 2024), and -$99.8 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Cash (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - -
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - 2.44 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn 623.00 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - -2.44 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -
7 Psyence Biomedical 227.32 Bn 227.31 Bn - -
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 417.10 Mn
9 Abivax 91.71 Bn 91.71 Bn - -45.97 Mn
10 Sagimet Biosciences 211.96 Mn 211.96 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 -80.82 Mn
Mar 31, 2024 101.64 Mn
Dec 31, 2023 -99.81 Mn
Sep 30, 2023 83.33 Mn
Jun 30, 2023 6.17 Mn
Mar 31, 2023 12.18 Mn
Dec 31, 2022 156.19 Mn
Sep 30, 2022 -2.23 Mn