ADAG vs CDXS

Comparison between Adagene Inc (ADAG, Company) and Codexis Inc (CDXS, Company).

Both ADAG and CDXS are from the Healthcare sector.

5-Year PerformanceADAG has outperformed CDXS, delivering a return of -22.4% compared to -35.0%

ADAG vs CDXS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ADAG(COMPANY)	CDXS(COMPANY)
Market Cap	$233M	$234M
Max Drawdown	97.00%	97.65%
Sharpe Ratio	1.17	0.53
5Y Beta	0.38	1.83
Industry	Biotechnology	Biotechnology
P/E Ratio	-13.25	-7.26
Forward P/E	N/A	149.25
5Y EPS CAGR	-34.96%	-2.98%
Debt to Equity	5.23%	93.64%
Free Cash Flow Yield	-6.71%	-9.47%

Market Cap

ADAG

$233M

Winner

CDXS

$234M

Max Drawdown

Winner

ADAG

97.00%

CDXS

97.65%

Sharpe Ratio

Winner

ADAG

1.17

CDXS

0.53

5Y Beta

Winner

ADAG

0.38

CDXS

1.83

Industry

ADAG

Biotechnology

CDXS

Biotechnology

P/E Ratio

Winner

ADAG

-13.25

CDXS

-7.26

Forward P/E

ADAG

N/A

CDXS

149.25

5Y EPS CAGR

ADAG

-34.96%

Winner

CDXS

-2.98%

Debt to Equity

Winner

ADAG

5.23%

CDXS

93.64%

Free Cash Flow Yield

Winner

ADAG

-6.71%

CDXS

-9.47%

ADAG vs CDXS - Historical Returns

Returns include dividend reinvestment.

Period	ADAG	CDXS
1 month	+16.22%	+0.78%
3 months	+0.00%	+74.83%
6 months	+115.30%	+56.71%
1 year	+102.05%	+9.36%
5 years(CAGR)	-22.40%	-34.99%
10 years(CAGR)	N/A	-4.75%
Max(CAGR)	-31.56%	-9.66%

Winner

ADAG

+16.22%

CDXS

+0.78%

ADAG

+0.00%

Winner

CDXS

+74.83%

Winner

ADAG

+115.30%

CDXS

+56.71%

Winner

ADAG

+102.05%

CDXS

+9.36%

5Y(CAGR)

Winner

ADAG

-22.40%

CDXS

-34.99%

10Y(CAGR)

ADAG

N/A

CDXS

-4.75%

Max(CAGR)

ADAG

-31.56%

Winner

CDXS

-9.66%

ADAG vs CDXS - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	ADAG	CDXS
2026	+114.13%	+59.63%
2025	-8.25%	-67.40%
2024	+1.53%	+52.88%
2023	+52.08%	-34.69%
2022	-83.52%	-85.41%
2021	-73.10%	+45.92%
2020	N/A	+32.95%
2019	N/A	-0.74%
2018	N/A	+104.91%
2017	N/A	+85.56%
2016	N/A	+9.00%
2015	N/A	+51.61%
2014	N/A	+76.22%
2013	N/A	-45.10%
2012	N/A	-59.67%
2011	N/A	-49.62%
2010	N/A	-20.06%

ADAG vs CDXS Drawdown Comparison

The maximum drawdown for ADAG was -97.00%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The maximum drawdown for CDXS was -97.65%, occurring on Mar 3, 2026. This drawdown has not yet recovered.

The current ADAG drawdown is -86.86%. The current CDXS drawdown is -93.85%.

Rank	ADAG	CDXS
#1	-97.00% Feb 9, 2021 - Oct 31, 2022	-97.65% Nov 8, 2021 - Mar 3, 2026
#2	N/A	-91.35% Apr 26, 2010 - May 30, 2018
#3	N/A	-61.10% Dec 3, 2018 - Dec 22, 2020
#4	N/A	-39.31% Feb 8, 2021 - Oct 7, 2021
#5	N/A	-26.39% Sep 25, 2018 - Nov 28, 2018
#6	N/A	-18.84% Jun 20, 2018 - Aug 27, 2018
#7	N/A	-16.02% Jan 19, 2021 - Feb 2, 2021
#8	N/A	-14.76% Oct 8, 2021 - Oct 26, 2021
#9	N/A	-9.91% Dec 22, 2020 - Jan 8, 2021
#10	N/A	-7.42% Jun 7, 2018 - Jun 19, 2018
#11	N/A	-4.92% Jan 8, 2021 - Jan 14, 2021
#12	N/A	-4.77% Sep 13, 2018 - Sep 25, 2018
#13	N/A	-3.59% Oct 28, 2021 - Nov 4, 2021
#14	N/A	-3.04% Aug 27, 2018 - Sep 5, 2018
#15	N/A	-2.33% Jun 1, 2018 - Jun 7, 2018