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WXIBF (WuXi Biologics (Cayman)) EBITDA : $528 Mil (TTM As of Jun. 2024)


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What is WuXi Biologics (Cayman) EBITDA?

WuXi Biologics (Cayman)'s EBITDA for the six months ended in Jun. 2024 was $286 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $528 Mil.

During the past 12 months, the average EBITDA Growth Rate of WuXi Biologics (Cayman) was -26.50% per year. During the past 3 years, the average EBITDA Growth Rate was 30.00% per year. During the past 5 years, the average EBITDA Growth Rate was 50.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 10 years, the highest 3-Year average EBITDA Growth Rate of WuXi Biologics (Cayman) was 88.20% per year. The lowest was 30.00% per year. And the median was 66.70% per year.

WuXi Biologics (Cayman)'s EBITDA per Share for the six months ended in Jun. 2024 was $0.07. Its EBITDA per share for the trailing twelve months (TTM) ended in Jun. 2024 was $0.12.

During the past 12 months, the average EBITDA per Share Growth Rate of WuXi Biologics (Cayman) was -25.50% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 28.60% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 46.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 10 years, the highest 3-Year average EBITDA per Share Growth Rate of WuXi Biologics (Cayman) was 79.40% per year. The lowest was 28.60% per year. And the median was 60.90% per year.


WuXi Biologics (Cayman) EBITDA Historical Data

The historical data trend for WuXi Biologics (Cayman)'s EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WuXi Biologics (Cayman) EBITDA Chart

WuXi Biologics (Cayman) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 194.99 353.48 708.73 892.58 770.52

WuXi Biologics (Cayman) Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 441.03 354.20 364.15 241.52 286.22

Competitive Comparison of WuXi Biologics (Cayman)'s EBITDA

For the Biotechnology subindustry, WuXi Biologics (Cayman)'s EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WuXi Biologics (Cayman)'s EV-to-EBITDA Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, WuXi Biologics (Cayman)'s EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where WuXi Biologics (Cayman)'s EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

WuXi Biologics (Cayman)'s EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

WuXi Biologics (Cayman)'s EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2023, WuXi Biologics (Cayman)'s EBITDA was $771 Mil.

WuXi Biologics (Cayman)'s EBITDA for the quarter that ended in Jun. 2024 is calculated as

WuXi Biologics (Cayman)'s EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Jun. 2024, WuXi Biologics (Cayman)'s EBITDA was $286 Mil.

EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $528 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

WuXi Biologics (Cayman)  (OTCPK:WXIBF) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


WuXi Biologics (Cayman) EBITDA Related Terms

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WuXi Biologics (Cayman) Business Description

Traded in Other Exchanges
Address
No. 108, Meiliang Road, Mashan Binhu District, Wuxi, CHN, 214092
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.