Event-Driven Stocks

FIBROGEN INC

FGEN

Other · Non-accelerated filer<br>Smaller reporting company · SEC filings ↗ · Compare ⊕

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Signs5 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$6.4M$29.6M$46.8M$140.7M$235.3M$176.3M
Operating income−$45.9M−$150.4M−$322.7M−$301.0M−$288.5M−$191.9M
Net income$183.5M−$47.6M−$284.2M−$293.7M−$290.0M−$189.3M
Total assets$119.6M$214.5M$423.5M$610.1M$773.8M$826.8M
Total liabilities$115.1M$398.2M$585.7M$611.6M$544.7M$385.4M
Equity−$30.0M−$225.6M−$204.2M−$21.4M$209.1M$422.2M
EPS (diluted)$45.37$-11.89$-2.92$-3.14$-3.14$-2.11
Shares out.100.9M98.8M94.2M93.0M91.6M88.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−712.7%
Net margin
2848.6%
Return on equity
−610.7%
Return on assets
153.4%
Return on capital (ROCE)
−50.8%
Liabilities / assets
96.3%
Debt / equity
Book value / share
$-0.30
Revenue growth (YoY)
−78.3%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-45.53distress
Accruals / assets
157.4%high accruals
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
26
/ 100
Profitability 40Growth 0Catalyst 67Earnings quality 0Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

2 severe5 warning0 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • High accruals — earnings-quality risk

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
2 acquisitions7 disposals3 open-market buy(s)net +20,822 shares · last 9
InsiderDateTypeSharesPrice
Wettig ThaneOfficer — CEOMay 14, 2026Buy2,800$7.09
Wettig ThaneOfficer — CEOMar 6, 2026Tax withholding277$6.84
Delucia DavidOfficer — Chief Financial OfficerMar 6, 2026Tax withholding60$6.84
Delucia DavidOfficer — Chief Financial OfficerDec 6, 2025Tax withholding52$8.42
Wettig ThaneOfficer — CEODec 6, 2025Tax withholding259$8.42
Wettig ThaneOfficer — CEONov 13, 2025Buy1,000$9.18
Delucia DavidOfficer — Chief Financial OfficerJun 6, 2025Tax withholding51$7.83
Wettig ThaneOfficer — CEOJun 6, 2025Tax withholding246$7.83
Schoeneck James ADirectorJun 30, 2025Buy23,567$5.07

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Dec 31, 2025113,0453.6-13.9%
Dec 15, 2025131,3452.9-3.4%
Nov 28, 2025135,8944.2-7.3%
Nov 14, 2025146,5313.1+39.9%
Oct 31, 2025104,7766.5+0.1%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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