vs
Side-by-side financial comparison of HUTCHMED (China) Ltd (HCM) and XPLR Infrastructure, LP (XIFR). Click either name above to swap in a different company.
HUTCHMED (China) Ltd is the larger business by last-quarter revenue ($270.8M vs $249.0M, roughly 1.1× XPLR Infrastructure, LP). XPLR Infrastructure, LP runs the higher net margin — 11.2% vs 0.7%, a 10.5% gap on every dollar of revenue. On growth, XPLR Infrastructure, LP posted the faster year-over-year revenue change (-15.3% vs -16.5%). HUTCHMED (China) Ltd produced more free cash flow last quarter ($3.4M vs $-88.0M).
HUTCHMED (China) LtdHCMEarnings & Financial Report
HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
HCM vs XIFR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $270.8M | $249.0M |
| Net Profit | $2.0M | $28.0M |
| Gross Margin | 37.7% | — |
| Operating Margin | -13.2% | -19.3% |
| Net Margin | 0.7% | 11.2% |
| Revenue YoY | -16.5% | -15.3% |
| Net Profit YoY | -83.6% | 124.3% |
| EPS (diluted) | $0.00 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $270.8M | $249.0M | ||
| Q3 25 | — | $315.0M | ||
| Q2 25 | $277.7M | $342.0M | ||
| Q1 25 | $324.5M | $282.0M | ||
| Q4 24 | — | $294.0M | ||
| Q3 24 | — | $319.0M | ||
| Q2 24 | $305.7M | $360.0M | ||
| Q1 24 | — | $257.0M |
| Q4 25 | $2.0M | $28.0M | ||
| Q3 25 | — | $-37.0M | ||
| Q2 25 | $455.0M | $79.0M | ||
| Q1 25 | $11.9M | $-98.0M | ||
| Q4 24 | — | $-115.0M | ||
| Q3 24 | — | $-40.0M | ||
| Q2 24 | $25.8M | $62.0M | ||
| Q1 24 | — | $70.0M |
| Q4 25 | 37.7% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 48.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 41.1% | — | ||
| Q1 24 | — | — |
| Q4 25 | -13.2% | -19.3% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | -1.3% | 26.3% | ||
| Q1 25 | -5.0% | -82.6% | ||
| Q4 24 | — | -188.1% | ||
| Q3 24 | — | 15.4% | ||
| Q2 24 | -9.0% | 18.3% | ||
| Q1 24 | — | -8.2% |
| Q4 25 | 0.7% | 11.2% | ||
| Q3 25 | — | -11.7% | ||
| Q2 25 | 163.8% | 23.1% | ||
| Q1 25 | 3.7% | -34.8% | ||
| Q4 24 | — | -39.1% | ||
| Q3 24 | — | -12.5% | ||
| Q2 24 | 8.4% | 17.2% | ||
| Q1 24 | — | 27.2% |
| Q4 25 | $0.00 | — | ||
| Q3 25 | — | $-0.40 | ||
| Q2 25 | $0.52 | $0.84 | ||
| Q1 25 | $0.01 | $-1.05 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-0.43 | ||
| Q2 24 | $0.03 | $0.66 | ||
| Q1 24 | — | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | $960.0M |
| Total DebtLower is stronger | $93.2M | $6.2B |
| Stockholders' EquityBook value | $1.2B | $10.9B |
| Total Assets | $1.8B | $19.6B |
| Debt / EquityLower = less leverage | 0.08× | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4B | $960.0M | ||
| Q3 25 | — | $711.0M | ||
| Q2 25 | $1.4B | $880.0M | ||
| Q1 25 | $836.1M | $1.5B | ||
| Q4 24 | — | $283.0M | ||
| Q3 24 | — | $290.0M | ||
| Q2 24 | $802.5M | $281.0M | ||
| Q1 24 | — | $245.0M |
| Q4 25 | $93.2M | $6.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | $93.4M | — | ||
| Q1 25 | $82.8M | — | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | $82.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.2B | $10.9B | ||
| Q3 25 | — | $11.0B | ||
| Q2 25 | $1.2B | $11.3B | ||
| Q1 25 | $759.9M | $12.6B | ||
| Q4 24 | — | $12.9B | ||
| Q3 24 | — | $13.6B | ||
| Q2 24 | $740.1M | $13.9B | ||
| Q1 24 | — | $14.0B |
| Q4 25 | $1.8B | $19.6B | ||
| Q3 25 | — | $19.1B | ||
| Q2 25 | $1.8B | $20.5B | ||
| Q1 25 | $1.3B | $21.4B | ||
| Q4 24 | — | $20.3B | ||
| Q3 24 | — | $20.9B | ||
| Q2 24 | $1.3B | $21.7B | ||
| Q1 24 | — | $22.3B |
| Q4 25 | 0.08× | 0.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.08× | — | ||
| Q1 25 | 0.11× | — | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.11× | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.2M | $186.0M |
| Free Cash FlowOCF − Capex | $3.4M | $-88.0M |
| FCF MarginFCF / Revenue | 1.2% | -35.3% |
| Capex IntensityCapex / Revenue | 1.8% | 110.0% |
| Cash ConversionOCF / Net Profit | 4.21× | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | $-96.2M | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $186.0M | ||
| Q3 25 | — | $231.0M | ||
| Q2 25 | $-72.9M | $232.0M | ||
| Q1 25 | $40.3M | $90.0M | ||
| Q4 24 | — | $283.0M | ||
| Q3 24 | — | $208.0M | ||
| Q2 24 | $-39.8M | $231.0M | ||
| Q1 24 | — | $78.0M |
| Q4 25 | $3.4M | $-88.0M | ||
| Q3 25 | — | $-283.0M | ||
| Q2 25 | $-82.2M | $151.0M | ||
| Q1 25 | $32.5M | $1.0M | ||
| Q4 24 | — | $231.0M | ||
| Q3 24 | — | $152.0M | ||
| Q2 24 | $-49.9M | $162.0M | ||
| Q1 24 | — | $14.0M |
| Q4 25 | 1.2% | -35.3% | ||
| Q3 25 | — | -89.8% | ||
| Q2 25 | -29.6% | 44.2% | ||
| Q1 25 | 10.0% | 0.4% | ||
| Q4 24 | — | 78.6% | ||
| Q3 24 | — | 47.6% | ||
| Q2 24 | -16.3% | 45.0% | ||
| Q1 24 | — | 5.4% |
| Q4 25 | 1.8% | 110.0% | ||
| Q3 25 | — | 163.2% | ||
| Q2 25 | 3.3% | 23.7% | ||
| Q1 25 | 2.4% | 31.6% | ||
| Q4 24 | — | 17.7% | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | 3.3% | 19.2% | ||
| Q1 24 | — | 24.9% |
| Q4 25 | 4.21× | 6.64× | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.16× | 2.94× | ||
| Q1 25 | 3.38× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.54× | 3.73× | ||
| Q1 24 | — | 1.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCM
Segment breakdown not available.
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
