HCW Biologics Inc. (HCWB)

3.59 +4.66% (+0.16)

Over 1M: +7.5%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

2.5 3 3.5
3 Aug 6 Aug 11 Aug 14 Aug 19 Aug 24 Aug 27 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '23 — Revenue: 853.1K Q3 '23 — Operating Cash Flow: -5.6M Q4 '23 — Revenue: 1.3M Q4 '23 — Operating Cash Flow: -3.9M Q1 '24 — Revenue: 1.1M Q1 '24 — Operating Cash Flow: -3.6M Q2 '24 — Revenue: 618.9K Q2 '24 — Operating Cash Flow: -4.9M Q3 '24 — Revenue: 426.4K Q3 '24 — Operating Cash Flow: -2.9M Q4 '24 — Revenue: 394.8K Q4 '24 — Operating Cash Flow: -2.8M Q1 '25 — Revenue: 5.1K Q1 '25 — Operating Cash Flow: -3.5M Q2 '25 — Revenue: 6.5K Q2 '25 — Operating Cash Flow: -3.3M Q3 '25 — Revenue: 15.6K Q3 '25 — Operating Cash Flow: -3.2M Q4 '25 — Revenue: 27K Q4 '25 — Operating Cash Flow: -3.4M Q1 '26 — Revenue: 6.5M Q1 '26 — Operating Cash Flow: -1.6M Q2 '26 — Revenue: 135.6K Q2 '26 — Operating Cash Flow: -4M -5M -2.5M 0 2.5M 5M 7.5M
Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26
Revenue Operating Cash Flow

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

2.2
OE margin -183.9%
Oper. margin -114.3%
ROIC -90.8%
Gross margin 95.9%
Accruals 24.5%
EBITDA margin -98.8%
FCF margin -180.6%
OCF margin -180.6%
Profit margin -83.0%
ROA -20.9%
ROCE -94.6%
ROE -75.2%
Capex / sales —
OCF / EBIT —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.4
RPO / sales 0.052×
RPO growth —
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

3.5
ND/EBITDA —
Current ratio 0.062×
Interest cover -14.0×
Debt / Eq 0.0×
Debt payback 0.0 yr
Cash runway 0.061 yr
F-score 2.0 pts
Quick ratio 0.061×
Cash / Debt —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

10.0
Sales/sh Y/Y +272.9%
Sales Q/Q +1969.7%
Shares change +116.4%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —
Sales CAGR 4Y —

3 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.