vs

Side-by-side financial comparison of ASCENTAGE PHARMA GROUP INTERNATIONAL (AAPG) and FS Bancorp, Inc. (FSBW). Click either name above to swap in a different company.

FS Bancorp, Inc. is the larger business by last-quarter revenue ($40.0M vs $32.6M, roughly 1.2× 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.

FS Bancorp, Inc. is a U.S.-headquartered bank holding company that serves as the parent of 1st Security Bank of Washington. It offers a full range of personal and commercial banking solutions including deposit products, mortgage loans, small business financing and construction loans, primarily catering to customers in the Pacific Northwest, with core segments covering retail banking, commercial banking and residential lending.

AAPG vs FSBW — Head-to-Head

Bigger by revenue
FSBW
FSBW
1.2× larger
FSBW
$40.0M
$32.6M
AAPG

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AAPG
AAPG
FSBW
FSBW
Revenue
$32.6M
$40.0M
Net Profit
$11.4M
Gross Margin
90.7%
Operating Margin
25.8%
Net Margin
Revenue YoY
12.0%
Net Profit YoY
EPS (diluted)
$1.11

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
FSBW
FSBW
Q4 25
$40.0M
Q3 25
$39.3M
Q2 25
$32.6M
$37.3M
Q1 25
$36.1M
Q4 24
$35.7M
Q3 24
$37.2M
Q2 24
$36.3M
Q1 24
$35.5M
Net Profit
AAPG
AAPG
FSBW
FSBW
Q4 25
Q3 25
$9.2M
Q2 25
$11.4M
$7.7M
Q1 25
$8.0M
Q4 24
Q3 24
$10.3M
Q2 24
$9.0M
Q1 24
$8.4M
Gross Margin
AAPG
AAPG
FSBW
FSBW
Q4 25
Q3 25
Q2 25
90.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
AAPG
AAPG
FSBW
FSBW
Q4 25
25.8%
Q3 25
29.5%
Q2 25
26.2%
Q1 25
26.2%
Q4 24
27.6%
Q3 24
26.5%
Q2 24
31.3%
Q1 24
29.7%
Net Margin
AAPG
AAPG
FSBW
FSBW
Q4 25
Q3 25
23.4%
Q2 25
20.7%
Q1 25
22.2%
Q4 24
Q3 24
27.6%
Q2 24
24.7%
Q1 24
23.7%
EPS (diluted)
AAPG
AAPG
FSBW
FSBW
Q4 25
$1.11
Q3 25
$1.18
Q2 25
$0.99
Q1 25
$1.01
Q4 24
$0.88
Q3 24
$1.29
Q2 24
$1.13
Q1 24
$1.06

Balance Sheet & Financial Strength

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

Metric
AAPG
AAPG
FSBW
FSBW
Cash + ST InvestmentsLiquidity on hand
$28.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$307.7M
Total Assets
$3.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAPG
AAPG
FSBW
FSBW
Q4 25
$28.2M
Q3 25
$61.3M
Q2 25
$33.2M
Q1 25
$62.7M
Q4 24
$31.6M
Q3 24
$40.3M
Q2 24
$33.0M
Q1 24
$45.4M
Stockholders' Equity
AAPG
AAPG
FSBW
FSBW
Q4 25
$307.7M
Q3 25
$300.5M
Q2 25
$297.2M
Q1 25
$298.8M
Q4 24
$295.8M
Q3 24
$288.9M
Q2 24
$284.0M
Q1 24
$277.9M
Total Assets
AAPG
AAPG
FSBW
FSBW
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$3.2B
Q1 25
$3.1B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$2.9B
Q1 24
$3.0B

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
FSBW
FSBW
Operating Cash FlowLast quarter
$72.3M
Free Cash FlowOCF − Capex
$51.9M
FCF MarginFCF / Revenue
129.8%
Capex IntensityCapex / Revenue
50.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$107.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAPG
AAPG
FSBW
FSBW
Q4 25
$72.3M
Q3 25
$44.6M
Q2 25
$7.1M
Q1 25
$8.2M
Q4 24
$50.8M
Q3 24
$-891.0K
Q2 24
$9.9M
Q1 24
$275.0K
Free Cash Flow
AAPG
AAPG
FSBW
FSBW
Q4 25
$51.9M
Q3 25
$41.6M
Q2 25
$5.9M
Q1 25
$7.8M
Q4 24
$49.2M
Q3 24
$-1.5M
Q2 24
$9.6M
Q1 24
$-82.0K
FCF Margin
AAPG
AAPG
FSBW
FSBW
Q4 25
129.8%
Q3 25
105.9%
Q2 25
15.7%
Q1 25
21.7%
Q4 24
137.7%
Q3 24
-4.1%
Q2 24
26.6%
Q1 24
-0.2%
Capex Intensity
AAPG
AAPG
FSBW
FSBW
Q4 25
50.9%
Q3 25
7.7%
Q2 25
3.5%
Q1 25
1.0%
Q4 24
4.6%
Q3 24
1.7%
Q2 24
0.8%
Q1 24
1.0%
Cash Conversion
AAPG
AAPG
FSBW
FSBW
Q4 25
Q3 25
4.86×
Q2 25
0.92×
Q1 25
1.02×
Q4 24
Q3 24
-0.09×
Q2 24
1.11×
Q1 24
0.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AAPG
AAPG

Products$29.7M91%
Others$2.9M9%

FSBW
FSBW

Segment breakdown not available.

Related Comparisons