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Wuxi Biologics (Cayman) Inc. (HK:2269)
:2269
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Wuxi Biologics (Cayman) (2269) AI Stock Analysis

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HK:2269

Wuxi Biologics (Cayman)

(2269)

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Outperform 74 (OpenAI - Gpt-5.6Sol)
Rating:74Outperform
Price Target:
HK$55.00
▲(8.59% Upside)
Action:Upgraded
Date:08/06/26
The score is driven primarily by strong financial quality (healthy margins and low leverage) and supportive technical momentum (price above key moving averages with positive MACD). These positives are moderated by slowing recent revenue growth, weaker cash conversion versus earnings, and a mid-to-high P/E with no dividend yield data.
Positive Factors
Healthy profitability
Strong 2025 gross, EBIT, and net margins show that the CDMO model is currently generating meaningful profit from its service platform. This profitability provides internal resources for research, capacity, and operational investment while supporting resilience across development and manufacturing activities.
Negative Factors
Recent growth deceleration
The sharp slowdown in annual revenue growth indicates that prior expansion has not recently translated into the same pace of top-line progress. If sustained, slower project or customer growth could reduce operating leverage and limit the rate at which the company expands its biologics platform.
Read all positive and negative factors
Positive Factors
Negative Factors
Healthy profitability
Strong 2025 gross, EBIT, and net margins show that the CDMO model is currently generating meaningful profit from its service platform. This profitability provides internal resources for research, capacity, and operational investment while supporting resilience across development and manufacturing activities.
Read all positive factors

Wuxi Biologics (Cayman) (2269) vs. iShares MSCI Hong Kong ETF (EWH)

Wuxi Biologics (Cayman) Business Overview & Revenue Model

Company Description
Headquartered in Wuxi, China, and established in 2014, WuXi Biologics (Cayman) Inc. delivers a comprehensive, integrated suite of services spanning the entire biologics lifecycle, from initial discovery through development to large-scale manufactu...
How the Company Makes Money
Wuxi Biologics makes money primarily by selling fee-based, outsourced R&D and manufacturing services to biopharmaceutical customers developing biologic medicines. Its revenue model is project- and contract-driven across the biologics value chain: ...

Wuxi Biologics (Cayman) Financial Statement Overview

Summary
Overall fundamentals are solid, supported by strong profitability (2025 net margin ~23%, EBIT margin ~31%) and a conservative, improving balance sheet (debt-to-equity ~0.07). Offsetting this strength are sharply slower recent revenue growth (2024 ~0.1%, 2025 ~5.8%) and weaker cash conversion (2025 FCF to net income ~0.44; OCF to net income ~0.77) despite improved free cash flow.
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
67
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue23.62B21.79B18.68B17.03B15.27B10.29B
Gross Profit11.21B10.02B7.65B6.83B6.72B4.83B
EBITDA8.84B7.92B6.43B5.50B6.22B4.51B
Net Income5.01B4.91B3.36B3.40B4.42B3.39B
Balance Sheet
Total Assets65.35B63.72B56.98B56.58B49.56B44.03B
Cash, Cash Equivalents and Short-Term Investments13.04B15.74B10.71B11.24B8.71B11.13B
Total Debt2.73B3.11B4.94B4.56B4.42B4.30B
Total Liabilities10.80B10.66B11.50B12.56B13.35B11.33B
Stockholders Equity48.06B47.27B41.82B40.33B35.05B32.28B
Cash Flow
Free Cash Flow2.79B2.80B1.29B437.20M-326.72M-3.09B
Operating Cash Flow4.60B6.39B5.22B4.67B5.54B3.43B
Investing Cash Flow-2.70B-3.38B-3.94B-3.23B-5.91B-9.60B
Financing Cash Flow-1.01B-1.95B-2.75B1.96B-2.59B8.21B

Wuxi Biologics (Cayman) Technical Analysis

Technical Analysis Sentiment
Positive
Last Price50.65
Price Trends
50DMA
42.39
Positive
100DMA
37.74
Positive
200DMA
36.53
Positive
Market Momentum
MACD
2.31
Positive
RSI
58.16
Neutral
STOCH
28.46
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2269, the sentiment is Positive. The current price of 50.65 is above the 20-day moving average (MA) of 48.60, above the 50-day MA of 42.39, and above the 200-day MA of 36.53, indicating a bullish trend. The MACD of 2.31 indicates Positive momentum. The RSI at 58.16 is Neutral, neither overbought nor oversold. The STOCH value of 28.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2269.

Wuxi Biologics (Cayman) Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
HK$204.24B34.8010.51%21.93%21.94%
66
Neutral
HK$26.93B61.0415.79%48.04%166.72%
62
Neutral
HK$68.87B-13.44-16.23%0.35%53.48%-120.02%
60
Neutral
HK$2.78B13.924.45%0.27%7.38%7.90%
59
Neutral
HK$80.18B42.4610.96%0.82%20.39%26.48%
58
Neutral
HK$2.64B31.763.02%10.32%178.23%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2269
Wuxi Biologics (Cayman)
48.48
9.50
24.37%
HK:1548
Genscript Biotech
31.00
12.92
71.46%
HK:3759
Pharmaron Beijing Co., Ltd. Class H
28.20
4.31
18.04%
HK:1521
Frontage Holdings Corp.
1.20
-0.13
-9.77%
HK:1873
Viva Biotech Holdings
1.33
-1.47
-52.68%
HK:2315
Biocytogen Pharmaceuticals (Beijing) Co. Ltd. Class H
58.00
32.16
124.46%

Wuxi Biologics (Cayman) Corporate Events

WuXi Biologics Schedules Conference Calls to Present 2026 Interim Results
Aug 25, 2026
WuXi Biologics (Cayman) Inc., a Hong Kong-listed provider of contract biologics research and manufacturing services, offers end-to-end solutions to pharmaceutical and biotech clients worldwide. The company operates within the life sciences sector,...
Wuxi Biologics Posts Strong Interim Growth as Integrated Biologics Project Portfolio Expands
Aug 25, 2026
Wuxi Biologics reported unaudited interim results for the six months ended June 30, 2026, showing revenue rising 18.4% year-on-year to RMB 11,787.2 million and gross profit up 28.1%. Net profit grew 5.8% to RMB 2,916.2 million, while adjusted net ...
WuXi Biologics sets August board meeting to approve interim 2026 results
Jul 24, 2026
WuXi Biologics (Cayman) Inc. has scheduled a board meeting in Hong Kong on August 25, 2026 to consider and approve the group’s interim results for the six months ended June 30, 2026. The forthcoming review and publication of these interim fi...
WuXi Biologics Wins Full Shareholder Backing at 2026 AGM
Jun 10, 2026
WuXi Biologics said shareholders approved all resolutions at its 10 June 2026 annual general meeting, including the 2025 audited financial statements and the re-election of three directors, with most items passing with overwhelming majorities. Inv...
Wuxi Biologics Grants Time-Based Restricted Shares to 21 Employees
Jun 9, 2026
Wuxi Biologics has approved the grant of 288,441 restricted shares at no purchase cost to 21 employees under its Restricted Share Award Scheme, with a market reference price of HK$29.94 per share on the grant date. The award vests in four equal an...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 06, 2026