SEHK:2126Biotechs
JW (Cayman) Therapeutics (SEHK:2126) Narrows Losses As Revenue Holds Steady
JW (Cayman) Therapeutics came into this earnings print as a cheap revenue story, trading on a P/S ratio below both Hong Kong biotech peers and the wider sector, with the stock up 42.4% over the past month. The headline this half is not the share price. It is the sharp compression in reported losses.
H1 2026 revenue reached ¥111.4 million, while the company cut its net loss to ¥50.4 million and basic earnings per share loss to ¥0.12. For a still unprofitable cell therapy developer, that scale...