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Side-by-side financial comparison of ASCENTAGE PHARMA GROUP INTERNATIONAL (AAPG) and Amgen (AMGN). Click either name above to swap in a different company.

Amgen is the larger business by last-quarter revenue ($9.9B vs $574.1K, roughly 17184.6× ASCENTAGE PHARMA GROUP INTERNATIONAL).

Ascentage Pharma Group International is a global clinical-stage biotechnology company specializing in developing novel targeted therapies for cancers, chronic viral infections, and age-related diseases. It focuses on small molecule drugs targeting apoptosis pathways and other key oncogenic mechanisms, with operations spanning China, the U.S., and other global markets, serving patients with unmet medical needs worldwide.

Amgen Inc. is an American multinational biopharmaceutical company headquartered in Thousand Oaks, California. The company is ranked 18th on the list of largest biomedical companies by revenue. The name "AMGen" is a portmanteau of the company's original name, Applied Molecular Genetics.

AAPG vs AMGN — Head-to-Head

Bigger by revenue
AMGN
AMGN
17184.6× larger
AMGN
$9.9B
$574.1K
AAPG

Income Statement — Q4 2025 vs Q4 2025

Metric
AAPG
AAPG
AMGN
AMGN
Revenue
$574.1K
$9.9B
Net Profit
$1.3B
Gross Margin
69.8%
Operating Margin
27.6%
Net Margin
13.5%
Revenue YoY
8.6%
Net Profit YoY
112.6%
EPS (diluted)
$2.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAPG
AAPG
AMGN
AMGN
Q4 25
$574.1K
$9.9B
Q3 25
$9.6B
Q2 25
$32.6M
$9.2B
Q1 25
$8.1B
Q4 24
$9.1B
Q3 24
$8.5B
Q2 24
$8.4B
Q1 24
$7.4B
Net Profit
AAPG
AAPG
AMGN
AMGN
Q4 25
$1.3B
Q3 25
$3.2B
Q2 25
$11.4M
$1.4B
Q1 25
$1.7B
Q4 24
$627.0M
Q3 24
$2.8B
Q2 24
$746.0M
Q1 24
$-113.0M
Gross Margin
AAPG
AAPG
AMGN
AMGN
Q4 25
69.8%
Q3 25
67.8%
Q2 25
90.7%
67.2%
Q1 25
63.6%
Q4 24
65.7%
Q3 24
61.1%
Q2 24
61.4%
Q1 24
57.0%
Operating Margin
AAPG
AAPG
AMGN
AMGN
Q4 25
27.6%
Q3 25
26.4%
Q2 25
28.9%
Q1 25
14.5%
Q4 24
25.4%
Q3 24
24.1%
Q2 24
22.8%
Q1 24
13.3%
Net Margin
AAPG
AAPG
AMGN
AMGN
Q4 25
13.5%
Q3 25
33.7%
Q2 25
15.6%
Q1 25
21.2%
Q4 24
6.9%
Q3 24
33.3%
Q2 24
8.9%
Q1 24
-1.5%
EPS (diluted)
AAPG
AAPG
AMGN
AMGN
Q4 25
$2.45
Q3 25
$5.93
Q2 25
$2.65
Q1 25
$3.20
Q4 24
$1.17
Q3 24
$5.22
Q2 24
$1.38
Q1 24
$-0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAPG
AAPG
AMGN
AMGN
Cash + ST InvestmentsLiquidity on hand
$9.1B
Total DebtLower is stronger
$54.6B
Stockholders' EquityBook value
$8.7B
Total Assets
$90.6B
Debt / EquityLower = less leverage
6.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAPG
AAPG
AMGN
AMGN
Q4 25
$9.1B
Q3 25
$9.4B
Q2 25
$8.0B
Q1 25
$8.8B
Q4 24
$12.0B
Q3 24
$9.0B
Q2 24
$9.3B
Q1 24
$9.7B
Total Debt
AAPG
AAPG
AMGN
AMGN
Q4 25
$54.6B
Q3 25
$54.6B
Q2 25
$56.2B
Q1 25
$57.4B
Q4 24
$60.1B
Q3 24
$60.4B
Q2 24
$62.6B
Q1 24
$64.0B
Stockholders' Equity
AAPG
AAPG
AMGN
AMGN
Q4 25
$8.7B
Q3 25
$9.6B
Q2 25
$7.4B
Q1 25
$6.2B
Q4 24
$5.9B
Q3 24
$7.5B
Q2 24
$5.9B
Q1 24
$5.0B
Total Assets
AAPG
AAPG
AMGN
AMGN
Q4 25
$90.6B
Q3 25
$90.1B
Q2 25
$87.9B
Q1 25
$89.4B
Q4 24
$91.8B
Q3 24
$90.9B
Q2 24
$90.9B
Q1 24
$93.0B
Debt / Equity
AAPG
AAPG
AMGN
AMGN
Q4 25
6.31×
Q3 25
5.67×
Q2 25
7.57×
Q1 25
9.24×
Q4 24
10.23×
Q3 24
8.02×
Q2 24
10.57×
Q1 24
12.75×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAPG
AAPG
AMGN
AMGN
Operating Cash FlowLast quarter
$1.6B
Free Cash FlowOCF − Capex
$961.0M
FCF MarginFCF / Revenue
9.7%
Capex IntensityCapex / Revenue
6.5%
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters
$8.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAPG
AAPG
AMGN
AMGN
Q4 25
$1.6B
Q3 25
$4.7B
Q2 25
$2.3B
Q1 25
$1.4B
Q4 24
$4.8B
Q3 24
$3.6B
Q2 24
$2.5B
Q1 24
$689.0M
Free Cash Flow
AAPG
AAPG
AMGN
AMGN
Q4 25
$961.0M
Q3 25
$4.2B
Q2 25
$1.9B
Q1 25
$980.0M
Q4 24
$4.4B
Q3 24
$3.3B
Q2 24
$2.2B
Q1 24
$459.0M
FCF Margin
AAPG
AAPG
AMGN
AMGN
Q4 25
9.7%
Q3 25
44.4%
Q2 25
20.8%
Q1 25
12.0%
Q4 24
48.4%
Q3 24
39.0%
Q2 24
26.5%
Q1 24
6.2%
Capex Intensity
AAPG
AAPG
AMGN
AMGN
Q4 25
6.5%
Q3 25
4.6%
Q2 25
4.0%
Q1 25
5.0%
Q4 24
4.1%
Q3 24
3.0%
Q2 24
2.8%
Q1 24
3.1%
Cash Conversion
AAPG
AAPG
AMGN
AMGN
Q4 25
1.20×
Q3 25
1.46×
Q2 25
1.59×
Q1 25
0.80×
Q4 24
7.61×
Q3 24
1.26×
Q2 24
3.30×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAPG
AAPG

Segment breakdown not available.

AMGN
AMGN

Products$9.4B95%
Xgeva$291.0M3%
Vectibix$163.0M2%
Aranesp$115.0M1%

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