WinstonWınston
Back
Stock

WuXi Biologics (Cayman)

WXXWY
69
Biotechnology · Healthcare
Price
$12.01
+0.05 (+0.42%)
Market Cap
$24.66B
Exchange
Other OTC
Winston Score
69
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Sep 12, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Strong
Growth
Good
Cash Flow
Good
Stability
Exceptional
Valuation
Good

Share count falling — buybacks

5.6% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 2.21B (2021) → 2.09B (2025)

§Winston Score History

The full picture

WuXi Biologics is a Chinese company that helps other drug companies develop and manufacture biologic medicines — treatments made from living cells, like antibodies used to fight cancer and autoimmune diseases. It offers services across the entire process, from discovering new drug candidates to producing them at large scale. It is one of the largest contract development and manufacturing organizations (CDMOs) for biologics in the world.

The company earns revenue by charging fees for research services and manufacturing on behalf of pharmaceutical and biotech clients globally. It operates facilities in China, Ireland, the United States, Germany, and Singapore, giving it a worldwide manufacturing network. Its scale, end-to-end capabilities, and cost advantages form a meaningful competitive position in the growing biologics outsourcing market. A key risk is ongoing geopolitical tension between the US and China, including proposed legislation that could restrict US government-funded entities from contracting with certain Chinese biotech firms.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+17.1% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+5.5% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

¥830M/ year

Rising (+8% vs prior year)

3.9% of revenue

Below sector average (18%)

R&D investment increasing — building for the future

Insider Activity

9.1%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

¥16.1B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

WuXi Biologics (Cayman) is a rare growth stock that's already generating positive cash flow while growing at 17%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
46.2%
Healthy — 46.2% gross margin
Profit after running costs
Operating Margin
31.6%
Excellent — 31.6% operating margin
Return on the money invested
ROCE
15.3%
Strong — 15.3% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+16.1%
Fast-growing sales (+16.1% YoY)
Profit growth
EPS YoY
+19.8%
Earnings growing fast (+19.8% YoY)

Healthy double-digit earnings growth — what compounders look like.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
93%
Modest — 93% of profit becomes cash
Spare cash per sale
FCF Margin
12.0%
Modest free cash flow (12.0%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.02
Conservative — low debt load (0.02)
Covers its interest
Interest Cover
73.54x
Comfortably covers interest (73.5x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
33.2x
Pricey — P/E 33.2

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+15.2
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (33.2 → 18.0)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial