vs

Side-by-side financial comparison of FIBROGEN INC (KYNB) and GLADSTONE LAND Corp (LAND). Click either name above to swap in a different company.

GLADSTONE LAND Corp is the larger business by last-quarter revenue ($41.5M vs $25.4M, roughly 1.6× FIBROGEN INC). GLADSTONE LAND Corp runs the higher net margin — 10.2% vs -129.8%, a 140.0% gap on every dollar of revenue. On growth, GLADSTONE LAND Corp posted the faster year-over-year revenue change (96.5% vs -29.9%). Over the past eight quarters, GLADSTONE LAND Corp's revenue compounded faster (43.1% CAGR vs -7.8%).

FibroGen Inc. is a biopharmaceutical firm developing and commercializing innovative therapies for unmet medical needs, targeting fibrotic diseases, anemia and cancer. Its lead product roxadustat is approved in multiple markets including China and Japan, serving patients across key therapeutic segments.

Hongkong Land (HKL) is a property investment, management and development group with commercial and residential property interests across Asia. It owns and manages some 850,000 sq. m. of office and retail property in Asia, principally in Hong Kong and Singapore. Its Hong Kong portfolio represents some 450,000 sq. m. of commercial property, making it the single largest landlord in Central, Hong Kong. In Singapore it has 165,000 sq. m. of office space mainly held through joint ventures. While it...

KYNB vs LAND — Head-to-Head

Bigger by revenue
LAND
LAND
1.6× larger
LAND
$41.5M
$25.4M
KYNB
Growing faster (revenue YoY)
LAND
LAND
+126.4% gap
LAND
96.5%
-29.9%
KYNB
Higher net margin
LAND
LAND
140.0% more per $
LAND
10.2%
-129.8%
KYNB
Faster 2-yr revenue CAGR
LAND
LAND
Annualised
LAND
43.1%
-7.8%
KYNB

Income Statement — Q1 FY2024 vs Q4 FY2025

Metric
KYNB
KYNB
LAND
LAND
Revenue
$25.4M
$41.5M
Net Profit
$-32.9M
$4.2M
Gross Margin
15.9%
Operating Margin
-193.9%
Net Margin
-129.8%
10.2%
Revenue YoY
-29.9%
96.5%
Net Profit YoY
57.1%
680.0%
EPS (diluted)
$-0.33
$-0.05

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
KYNB
KYNB
LAND
LAND
Q4 25
$41.5M
Q3 25
$17.8M
Q2 25
$12.3M
Q1 25
$16.8M
Q4 24
$21.1M
Q3 24
$22.6M
Q2 24
$21.3M
Q1 24
$25.4M
$20.3M
Net Profit
KYNB
KYNB
LAND
LAND
Q4 25
$4.2M
Q3 25
$2.1M
Q2 25
$-7.9M
Q1 25
$15.1M
Q4 24
$540.0K
Q3 24
$6.0K
Q2 24
$-823.0K
Q1 24
$-32.9M
$13.6M
Gross Margin
KYNB
KYNB
LAND
LAND
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
15.9%
Operating Margin
KYNB
KYNB
LAND
LAND
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-193.9%
Net Margin
KYNB
KYNB
LAND
LAND
Q4 25
10.2%
Q3 25
11.7%
Q2 25
-64.1%
Q1 25
89.9%
Q4 24
2.6%
Q3 24
0.0%
Q2 24
-3.9%
Q1 24
-129.8%
67.0%
EPS (diluted)
KYNB
KYNB
LAND
LAND
Q4 25
$-0.05
Q3 25
$-0.11
Q2 25
$-0.38
Q1 25
$0.25
Q4 24
$-0.15
Q3 24
$-0.16
Q2 24
$-0.19
Q1 24
$-0.33
$0.21

Balance Sheet & Financial Strength

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

Metric
KYNB
KYNB
LAND
LAND
Cash + ST InvestmentsLiquidity on hand
$177.6M
$27.2M
Total DebtLower is stronger
$473.6M
Stockholders' EquityBook value
$-228.1M
$670.3M
Total Assets
$365.9M
$1.2B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KYNB
KYNB
LAND
LAND
Q4 25
$27.2M
Q3 25
$11.3M
Q2 25
$30.5M
Q1 25
$42.9M
Q4 24
$18.3M
Q3 24
$13.2M
Q2 24
$49.8M
Q1 24
$177.6M
$51.6M
Total Debt
KYNB
KYNB
LAND
LAND
Q4 25
$473.6M
Q3 25
$480.4M
Q2 25
$496.4M
Q1 25
$498.8M
Q4 24
$527.5M
Q3 24
$530.7M
Q2 24
$549.4M
Q1 24
$552.2M
Stockholders' Equity
KYNB
KYNB
LAND
LAND
Q4 25
$670.3M
Q3 25
$661.8M
Q2 25
$670.1M
Q1 25
$689.9M
Q4 24
$687.2M
Q3 24
$691.2M
Q2 24
$708.5M
Q1 24
$-228.1M
$723.3M
Total Assets
KYNB
KYNB
LAND
LAND
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.4B
Q1 24
$365.9M
$1.4B
Debt / Equity
KYNB
KYNB
LAND
LAND
Q4 25
0.71×
Q3 25
0.73×
Q2 25
0.74×
Q1 25
0.72×
Q4 24
0.77×
Q3 24
0.77×
Q2 24
0.78×
Q1 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
KYNB
KYNB
LAND
LAND
Operating Cash FlowLast quarter
$-59.3M
$7.0M
Free Cash FlowOCF − Capex
$-59.3M
FCF MarginFCF / Revenue
-233.9%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters
$-274.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KYNB
KYNB
LAND
LAND
Q4 25
$7.0M
Q3 25
$-12.0M
Q2 25
$3.9M
Q1 25
$4.5M
Q4 24
$29.5M
Q3 24
$-1.4M
Q2 24
$15.9M
Q1 24
$-59.3M
$3.4M
Free Cash Flow
KYNB
KYNB
LAND
LAND
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$-59.3M
FCF Margin
KYNB
KYNB
LAND
LAND
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-233.9%
Capex Intensity
KYNB
KYNB
LAND
LAND
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.1%
Cash Conversion
KYNB
KYNB
LAND
LAND
Q4 25
1.66×
Q3 25
-5.77×
Q2 25
Q1 25
0.30×
Q4 24
54.72×
Q3 24
-227.83×
Q2 24
Q1 24
0.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KYNB
KYNB

Drug Product Revenue$24.5M97%
Other$878.0K3%

LAND
LAND

Segment breakdown not available.

Related Comparisons