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WuXi Biologics (Cayman) Inc 02269

Morningstar Rating
HKD 14.14 −0.52 (3.55%)
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Company Report

WuXi Biologics Is a Global Contract Development, Manufacturing Organization With Geopolitical Risks

WuXi Biologics differentiates itself from other well-established global contract development and manufacturing organizations, with its "follow-and-win the molecule" and "global dual-sourcing" strategies. Simply put, it provides end-to-end services for biological drugs from drug discovery all the way to clinical and commercial manufacturing. As such, WuXi has one of the largest bioreactor capacities for biological drug products. DPs are the noncommercialized therapeutic products used in the clinical trial phase. As a result, WuXi has been growing at a compound annual growth rate of 53.3% for the past eight years, much faster than that of global pharmaceutical sales or global CDMOs.

Price vs Fair Value

02269 is trading at a 883% premium.
Price
HKD 14.14
Fair Value
HKD 85.50
Uncertainty
Very High
1-Star Price
HKD 33.57
5-Star Price
HKD 21.40
Economic Moat
Wqctd
Capital Allocation
Wjkkllfsj

Bulls Say, Bears Say

Bulls

WuXi’s revenue per project sees stronger upside, lifting the group's top line.

Bears

The Biosecure Act may become law, which puts nearly 50% of its revenue at risk.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
HKD 14.66
Day Range
HKD 13.4416.22
52-Week Range
HKD 12.4252.45
Bid/Ask
HKD 14.12 / HKD 14.14
Market Cap
HKD 58.86 Bil
Volume/Avg
289.5 Mil / 59.5 Mil

Key Statistics

Price/Earnings (Normalized)
15.33
Price/Sales
3.26
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
1.72%

Company Profile

WuXi Biologics is one of the largest global biologics CRDMOs. WuXi Biologics, incorporated in 2014 following the reorganization of WuXi PharmaTech, later known as WuXi AppTec, now has global revenue of CNY 17 billion. North America represented 47.4% of total revenue in 2023. It adopts the follow and win the molecule strategy by providing end-to-end services, from drug discovery to commercial manufacturing. It also adopts a global dual-sourcing strategy by providing drug products and large-scale drug substance manufacturing.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Large Core
Total Number of Employees
12,740

Competitors

Valuation

Metric
02269
01177
01801
Price/Earnings (Normalized)
15.3320.03
Price/Book Value
1.451.715.23
Price/Sales
3.261.968.97
Price/Cash Flow
10.398.54
Price/Earnings
02269
01177
01801

Financial Strength

Metric
02269
01177
01801
Quick Ratio
2.350.902.59
Current Ratio
2.781.053.00
Interest Coverage
25.9511.55−15.20
Quick Ratio
02269
01177
01801

Profitability

Metric
02269
01177
01801
Return on Assets (Normalized)
8.91%4.02%−2.75%
Return on Equity (Normalized)
13.28%8.61%−5.12%
Return on Invested Capital (Normalized)
10.45%5.53%−5.63%
Return on Assets
02269
01177
01801
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