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JW (Cayman) Therapeutics Co. Ltd (2126.HK)

HKD1.82 +0.04 (+2.25%)
CN HKSE Healthcare Biotechnology
Address Building B
Shanghai, CN
CEO Min Liu
IPO 2020-11-03
ISIN KYG5210T1040

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Also trades on Hong Kong Stock Exchange · 2126.HK (HKD) Other OTC · JWCTF (USD)
Description

JW (Cayman) Therapeutics Co. Ltd is a clinical-stage biotechnology company dedicated to the development, manufacture, and commercialization of cell-based immunotherapies. The company primarily targets hematological cancers and solid tumors through treatments that harness the body's own immune cells to combat disease, notably including CAR-T therapies. Its leading therapeutic candidate is Carteyva (relmacabtagene autoleucel), an anti-CD19 chimeric antigen receptor T-cell (CAR-T) therapy designed to treat a variety of blood cancers. The company's innovative pipeline also features JWCAR129, an autologous CAR-T therapy for multiple myeloma; JWATM204, a TCR T-cell therapy candidate aimed at hepatocellular carcinoma (HCC); and JWATM203, another autologous T-cell receptor mimic therapy specifically targeting alpha-fetoprotein for HCC. Founded in 2016, JW (Cayman) Therapeutics Co. Ltd is headquartered in Shanghai, People's Republic of China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD1.82 +0.04 (+2.25%)
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Volume Profile
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Liquidity & share structure
Average Volume
947.9K
Beta
1.91
Float Shares
318.81M
Free Float %
76.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+6.45% -1.98% -15.02% -10.00% -36.54% -21.12% -0.50% -33.33% -93.20% -91.00% -91.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.82
Ratings Trend (MoM) 100% Bullish
Rating 2025-12 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-9.59
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    +74.6% Q4'25: +102.5% (vs Q4'23)
  • EPS growth Biotechnology: +29.7%
    +9.1% Q4'25: +27.7% (vs Q4'23)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -41.6% Q4'25: -13.4% (vs Q4'23)
  • EBIT margin Biotechnology: +0.0%
    -87.5% Q4'25: -102.4% (vs Q4'23)
  • ROIC Biotechnology: -16.1%
    -76.5% Q4'25: -226.0% (vs Q4'23)
  • Share dilution Biotechnology: -3.4%
    +0.5% Q4'25: +1.0% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -1.62× Q4'25: -0.47× (vs Q4'23)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.91) × ERP
WACC = 73% × Ke + 27% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.82
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
Revenue
30.80M
est: 115.92M (-73.4%)
145.70M
est: 169.40M (-14.0%)
173.86M
est: 160.86M (+8.1%)
158.22M
est: 183.27M (-13.7%)
276.31M
est: 243.63M (+13.4%)
323.97M
323.97M – 323.97M
+33.0% YoY
839.98M
839.98M – 839.98M
+159.3% YoY
511.08M
511.08M – 511.08M
-39.2% YoY
EBITDA
-738.70M
est: -69.55M (-962.1%)
-752.27M
est: -101.64M (-640.2%)
-655.75M
est: -147.55M (-344.4%)
-381.58M
est: -168.10M (-127.0%)
-161.95M
est: -223.46M (+27.5%)
-297.16M
-297.16M – -297.16M
-33.0% YoY
-770.45M
-770.45M – -770.45M
-159.3% YoY
-468.77M
-468.77M – -468.77M
+39.2% YoY
EBIT
-771.72M
est: -69.55M (-1,009.6%)
-839.35M
est: -101.64M (-725.8%)
-755.58M
est: -156.83M (-381.8%)
-459.03M
est: -178.68M (-156.9%)
-241.71M
est: -237.53M (-1.8%)
-315.86M
-315.86M – -315.86M
-33.0% YoY
-818.94M
-818.94M – -818.94M
-159.3% YoY
-498.28M
-498.28M – -498.28M
+39.2% YoY
Net Income
-702.33M
est: -544.78M (-28.9%)
-846.14M
est: -617.70M (-37.0%)
-768.00M
est: -588.67M (-30.5%)
-590.62M
est: -731.51M (+19.3%)
-540.92M
est: -428.08M (-26.4%)
-332.04M
-332.04M – -332.04M
+22.4% YoY
-210.85M
-210.85M – -210.85M
+36.5% YoY
— – —
+100.0% YoY
SGA
372.25M
est: 399.35M (-6.8%)
370.64M
est: 583.60M (-36.5%)
117.75M
est: 547.52M (-78.5%)
145.16M
est: 623.80M (-76.7%)
219.00M
est: 829.24M (-73.6%)
1.10B
1.10B – 1.10B
+33.0% YoY
2.86B
2.86B – 2.86B
+159.3% YoY
1.74B
1.74B – 1.74B
-39.2% YoY
EPS
-1.76
est: -1.32 (-33.6%)
-2.06
est: -1.49 (-37.9%)
-1.87
est: -1.42 (-32.1%)
-1.43
est: -1.76 (+18.7%)
-1.30
est: -1.03 (-26.3%)
-0.80
-0.80 – -0.80
+22.4% YoY
-0.51
-0.51 – -0.51
+36.5% YoY
— – —
+100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-28 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-27 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-26 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-22 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-21 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-20 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-19 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-18 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-15 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-14 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-13 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-12 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-11 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-05-08 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-05-07 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-05-06 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-05-05 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-05-04 C 2/5 1/5 1/5 1/5 2/5 1/5 4/5
2026-04-30 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-23 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-17 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-16 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-197.67M
OE per share TTM
-0.48
Owner's Yield
-24.00%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
267.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 2 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.01% 49.8K 0.65%
2 State Street SPDR S&P China ETF GXC 0.01% 27.2K 0.59%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-860.2K
Shares Outstanding
416.47M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Yiping Li Co-Founder & Director 6M
Min Liu Chief Executive Officer & Executive Chairman 2M male
Feng Tian CEO & Executive Director 39.3K male
Mark J. Gilbert Senior Advisor & Acting Chief Medical Officer male
Chunan Chen Senior Vice President male
Zhen Xia Head of Clinical Science Department female
Jihua Qin Vice President and Head of Marketing & Medical Affairs female
Ka Man Ng Company Secretary female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits