4172.TWO

Strong SellSinker

InnoPharmax Inc. · Healthcare · Taiwan · $53M cap · $52K/day traded

TWD 9.95 +2.3% · close 13 Oct · scored 14 Oct

Sinker: Weak, expensive and falling. Nothing here to keep it afloat.

5
StockRank
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Quality
28
Value
29
Momentum
16

As of 14 Oct 2026, MoatMap's StockRank for InnoPharmax Inc. (4172.TWO) is 5/100, ranked against 24,000+ stocks in 35 markets (Quality 28, Value 29, Momentum 16, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 16.0x
ROE
-37.6%
peers 3.6%
D/E
0.0x
peers 0.1x
Dividend %
—
trailing yield

ABOUT INNOPHARMAX INC.

Read

InnoPharmax Inc. is a specialty pharmaceutical company focused on developing high-barrier generic and modified new drugs using proprietary drug delivery platforms. The company specializes in converting injectable formulations into oral therapies, particularly in the areas of oncology, immunology, and infectious diseases. Its competitive moat is defined by its formulation technology patents and a cost-effective 505(b)(2) regulatory pathway strategy.

FINANCIAL SUMMARY (TWD)

Year20212022202320242025CAGRTTM
Revenue—29.1M46.1M32.3M69.0M33.3%67.9M
EPS (TWD)-1.05-1.17-0.76-1.01-1.70—-1.84
Shares—89.2M96.3M108.3M108.3M+21.4%119.6M
Debt—37.6M21.5M15.4M11.1M-33.4%11.9M
Equity—431.0M475.5M602.8M419.2M-0.9%—
Op CF—-100.1M-48.6M-76.2M-134.2M—-151.8M
Inv CF—31.3M-50.0M-15.6M69.3M——
Fin CF—18.8M97.4M219.2M-4.6M——
Loading 1Y...
PRICE (1Y) · TWD-9.5%
9.710.110.510.911.328 Aug18 Sep13 Oct
SMA 50SMA 200

Price checkStill fallingExperimental

Made a new 52-week low 1 trading day ago, 57% below its 52-week high. The fall has not stopped yet.

SwingsVery bumpy

Swung more than 77% of stocks we rank over the past year (62% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
TWD 9.95
RSI (14)
42.9
52-Week Range-57.2% from high
Low TWD 9.71High TWD 23.25

SCORE BREAKDOWN

Quality
28
ROIC
-43.1%18.0
ROE
-37.6%22.4
GP/Assets
2.8%15.3
Op. Margin
-143.7%15.1
FCF/Assets
-28.7%15.6
Piotroski
430.1
Int. Cover
-50.0x5.8
D/E Ratio
0.02x79.2
Current Ratio
6.42x79.0
Value
29
P/E (TTM)
—N/A
EV/EBITDA
-5.1x25.0
P/FCF
—N/A
P/B
2.3x54.2
P/S
18.2x15.8
Div Yield
—N/A
Momentum
16
52W High %
43%18.0
RS 6M
-62%9.0
SMA 50/200
0.81x15.8
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$53M
P/E (Forward)
—
Gross Margin
19.6%

SECTOR PEERS

Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of 4172.TWO are excluded.

TickerCompanyMkt CapStockRankSignal
4172.TWOInnoPharmax Inc.(you)$53M5Strong Sell
6932.TWOMerdury Biopharmaceutical Corporation$94M5Strong Sell
4108.TWPhytoHealth Corporation$71M22Sell
4747.TWOJohnson Chemical Pharmaceutical Works Co., Ltd.$67M27Sell
6785.TWOAlar Pharmaceuticals Inc.$184M7Strong Sell
1799.TWOEasywell Biomedicals, Inc.$113M18Strong Sell
4127.TWOTien Liang BioTech Co., Ltd.$70M29Sell
4120.TWOOrient EuroPharma Co., Ltd.$125M44Hold
6576.TWOForesee Pharmaceuticals Co., Ltd.$397M26Sell
1789.TWScinoPharm Taiwan, Ltd.$462M28Sell

Peer medians: ROE 3.6% · P/E 16.0x · Gross margin 43.6%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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InnoPharmax Inc. (4172.TWO): Stock Score Summary

InnoPharmax Inc. (4172.TWO) has a MoatMap StockRank of 5/100 based on Quality (28/100), Value (29/100), and Momentum (16/100) factor scores. The current signal is STRONG SELL.

InnoPharmax Inc. is a specialty pharmaceutical company focused on developing high-barrier generic and modified new drugs using proprietary drug delivery platforms. The company specializes in converting injectable formulations into oral therapies, particularly in the areas of oncology, immunology, and infectious diseases. Its competitive moat is defined by its formulation technology patents and a cost-effective 505(b)(2) regulatory pathway strategy.

Key Financial Metrics

PriceTWD 9.95
Market Cap$53M
Price/Book2.31
Return on Equity-37.6%
Return on Invested Capital-43.1%
Debt/Equity0.02x
Gross Margin19.6%
Operating Margin-143.7%
Revenue Growth-3.3%
Free Cash Flow$-4M

InnoPharmax Inc. operates in the Drug Manufacturers - Specialty & Generic industry, part of the Healthcare sector (Taiwan).

Frequently Asked Questions

What is InnoPharmax Inc.’s (4172.TWO) StockRank?
MoatMap’s StockRank for InnoPharmax Inc. (4172.TWO) is 5/100, with a Strong Sell signal. It is a composite of Quality (28), Value (29), and Momentum (16), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does InnoPharmax Inc. have an economic moat?
InnoPharmax Inc. (4172.TWO) has a Quality factor score of 28/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is InnoPharmax Inc. a buy, hold, or sell?
MoatMap’s current signal for InnoPharmax Inc. (4172.TWO) is Strong Sell, based on a StockRank of 5/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is InnoPharmax Inc. in?
InnoPharmax Inc. (4172.TWO) operates in the Healthcare sector, specifically the Drug Manufacturers - Specialty & Generic industry (Taiwan).