Education
About Us
Working with TipRanks
Follow Us
WuXi AppTec Co., Ltd. Class H (HK:2359)
:2359
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.07Last Year’s EPS
0.85Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 12.11%
|Next Earnings Date:Aug 04, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue growth, profit increases, and significant backlog expansion, particularly in the WuXi Chemistry and TIDES businesses. However, there were challenges in testing and biology revenue, pricing pressures, and geographic revenue declines in China, as well as the impact of global tariffs. Despite these challenges, the overall sentiment remains cautiously optimistic with a focus on continued growth and resilience.Company Guidance
During the first quarter of 2025, WuXi AppTec achieved a 23.1% year-over-year increase in revenue from continuing operations, totaling RMB9.39 billion, while the company's total revenue grew 21% to RMB9.65 billion. The adjusted non-IFRS net profit rose by 40% year-over-year to RMB2.68 billion. The company's record backlog for continuing operations reached RMB52.33 billion, reflecting a 47.1% year-over-year increase. Revenue from the U.S. market grew 28.4% year-over-year, with Europe and other regions also showing growth. WuXi Chemistry's revenue increased by 32.9% to RMB7.39 billion, with an adjusted gross profit margin improvement of 4.2 percentage points to 47.5%. The WuXi Heights new modality business experienced a significant growth of 187.6% year-over-year. Despite these positive results, WuXi AppTec maintained its full-year guidance, expecting a 10% to 15% revenue growth, targeting RMB41.5 billion to RMB43 billion. The company also plans a CapEx of RMB7 billion to RMB8 billion and aims for free cash flow of RMB4 billion to RMB5 billion.Strong Revenue Growth
Total revenue achieved RMB9.65 billion, representing a 21% year-over-year growth, with revenue from continuing operations growing 23.1% year-over-year.
Significant Profit Increase
Adjusted non-IFRS net profit grew 40% year-over-year to RMB2.68 billion, and the company achieved an adjusted IFRS gross profit margin of 41.9%.
Record Backlog
Achieved a record backlog for continuing operations of RMB52.33 billion, growing 47.1% year-over-year.
WuXi Chemistry Expansion
WuXi Chemistry revenue grew 32.9% year-over-year to RMB7.39 billion, with a gross profit margin increase of 4.2 percentage points to 47.5%.
TIDES Business Surge
WuXi Heights achieved revenue of RMB2.24 billion in the first quarter, representing 187.6% growth year-over-year, with a TIDES backlog growth of 105.5%.
Global Expansion Efforts
Significant revenue growth in regions like the U.S. (28.4% year-over-year) and Europe (26.2% year-over-year).
---
HK:2359 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
HK:2359 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | HK$56.91 | HK$59.30 | +4.20% |
Mar 17, 2025 | HK$63.07 | HK$64.00 | +1.47% |
Oct 28, 2024 | HK$52.31 | HK$51.58 | -1.40% |
Jul 29, 2024 | HK$28.01 | HK$28.11 | +0.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does WuXi AppTec Co., Ltd. Class H (HK:2359) report earnings?
WuXi AppTec Co., Ltd. Class H (HK:2359) is schdueled to report earning on Aug 04, 2025, TBA Not Confirmed.
What is WuXi AppTec Co., Ltd. Class H (HK:2359) earnings time?
WuXi AppTec Co., Ltd. Class H (HK:2359) earnings time is at Aug 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of WuXi AppTec Co., Ltd. Class H stock?
The P/E ratio of WuXi AppTec Co., Ltd. Class H is N/A.
What is HK:2359 EPS forecast?
HK:2359 EPS forecast for the fiscal quarter 2025 (Q2) is 1.07.
---