WuXi dividend
WuXi pays a dividend per share, with its history shown across five years. Its cash covered the dividend in 2025, with free cash flow and real free cash flow both positive.
How much does WuXi pay per share?
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | 43,420.824 | 35,766.745 | |||
| Net income | 17,846.778 | 11,266.369 | |||
| EPS, diluted | 6.17 | 3.89 | |||
| Dividend per share | 1.93 | 0.98 | 0.99 | 0.89 | 0.52 |
What this means. The 2025 dividend per share leaves out a separate special dividend, so shareholders received more than 1.93 RMB per share in total.
Does WuXi’s cash cover its dividend?
The cash position improved substantially after that investment phase. Free cash flow reached RMB10,600.072 million in 2025, allowing WuXi to fund dividends and share purchases more comfortably. Even so, payouts can exceed free cash flow when a company also uses existing cash, debt, asset sales or new equity.
Free cash flow was RMB10,600.072 million after capital spending, lease payments and interest. After RMB801.758 million of stock pay, real free cash flow was RMB9,798.314 million. Stock pay does not use cash immediately, but it gives employees part of the business’s value, so deducting it gives an owner-oriented view.
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Free cash flow | 10,600.072 | 7,523.168 | 6,815.617 | 123.005 | -2,655.439 |
| − Dividends paid | 4,875.135 | 2,882.051 | 2,649.084 | 1,529.442 | 892.98 |
| − Share buybacks | 4,289.244 | 3,908.909 | 1,182.211 | 960.247 | 1,675.211 |
| = Free cash flow not paid out | 1,391.693 | 732.208 | 2,984.322 | ||
| = Paid out more than the free cash flow | 2,366.684 | 5,223.63 | |||
| Paid out, % of free cash flow | 86.5% | 90.3% | 56.2% | 2,024.1% | not meaningful |
What this means. In 2022 and 2021, the company paid shareholders more than its business generated, so it had to use savings or borrow money to cover the difference.
What could change WuXi’s dividend?
Base dividends rise from CNY2.70 per share to CNY3.15 and CNY3.66. The path uses the analyst EPS estimate of CNY9.032 and the board’s 30% payout policy, followed by moderate earnings growth. Bear dividends fall to CNY1.30 and then remain near CNY1.20 because weaker earnings and investment needs could reduce the payout. Bull dividends reach CNY2.85, CNY3.60 and CNY4.50 if demand and utilization sustain stronger EPS.
What is WuXi’s dividend yield today?
The dividend yield is 1.1%, so investors depend mainly on future growth. Enterprise value is 9.2 times revenue, while price to book is 6.1 times. That means the market expects customer relationships, scientific expertise, and new capacity to produce much more than the accounting assets alone.
| Today (Oct 14, 2026) | |
|---|---|
| Share price | 202.00 |
| P/E, last 12 months (calculated) | 24.6x |
| Free cash flow yield (calculated) | 2.0% |
| Real free cash flow yield (calculated) | 1.9% |
| Dividend yield (calculated) | 1.1% |
What this means. The business value is lower than the stock market value because the company has more cash and short-term investments than debt, reducing what a buyer would effectively pay.