Xenetic Biosciences Inc Financials
This page shows Xenetic Biosciences Inc (XBIO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Xenetic Biosciences Inc has an operating margin of -95.2%, meaning the company retains $-95 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -168.2% the prior year.
Xenetic Biosciences Inc's revenue surged 19.0% year-over-year to $3.0M, reflecting rapid business expansion. This strong growth earns a score of 65/100.
Xenetic Biosciences Inc carries a low D/E ratio of 0.13, meaning only $0.13 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 8.32, Xenetic Biosciences Inc holds $8.32 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Xenetic Biosciences Inc generates a -36.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -65.9% the prior year.
Xenetic Biosciences Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Xenetic Biosciences Inc generates $0.85 in operating cash flow (-$2.3M OCF vs -$2.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Xenetic Biosciences Inc earns $-19.2 in operating income for every $1 of interest expense (-$2.8M vs $148K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Xenetic Biosciences Inc generated $3.0M in revenue in fiscal year 2025. This represents an increase of 19.0% from the prior year.
Xenetic Biosciences Inc reported -$2.7M in net income in fiscal year 2025. This represents an increase of 32.3% from the prior year.
Xenetic Biosciences Inc earned $-1.58 per diluted share (EPS) in fiscal year 2025. This represents an increase of 38.5% from the prior year.
Cash & Balance Sheet
Xenetic Biosciences Inc held $7.9M in cash against $0 in long-term debt as of fiscal year 2025.
Xenetic Biosciences Inc had 2M shares outstanding in fiscal year 2025. This represents an increase of 48.6% from the prior year.
Margins & Returns
Xenetic Biosciences Inc's operating margin was -95.2% in fiscal year 2025, reflecting core business profitability. This is up 72.9 percentage points from the prior year.
Xenetic Biosciences Inc's net profit margin was -90.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 68.3 percentage points from the prior year.
Xenetic Biosciences Inc's ROE was -36.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 29.7 percentage points from the prior year.
Capital Allocation
Xenetic Biosciences Inc invested $3.1M in research and development in fiscal year 2025. This represents a decrease of 6.8% from the prior year.
XBIO Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $766K-25.4% | $1.0M+74.1% | $590K-0.6% | $593K-8.6% | $649K+5.6% | $614K-15.4% | $726K+42.2% | $511K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $773K+2.2% | $756K+15.2% | $657K-25.3% | $879K-15.7% | $1.0M+183.2% | $368K-60.6% | $934K-1.1% | $944K |
| SG&A Expenses | $616K-24.4% | $815K+23.9% | $658K+0.2% | $657K-7.0% | $706K-5.4% | $746K-34.0% | $1.1M+35.3% | $835K |
| Operating Income | -$623K-14.4% | -$545K+24.8% | -$724K+23.1% | -$942K+14.3% | -$1.1M-120.1% | -$499K+62.7% | -$1.3M-5.4% | -$1.3M |
| Interest Expense | $44K+42.3% | $31K-10.1% | $34K-12.7% | $39K-24.4% | $52K-15.4% | $61K-3.4% | $63K-13.4% | $73K |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$579K-13.6% | -$510K+26.0% | -$689K+23.7% | -$903K+14.4% | -$1.1M-141.5% | -$437K+65.7% | -$1.3M-6.6% | -$1.2M |
| EPS (Diluted) | N/A | $-0.33+26.7% | $-0.45+23.7% | $-0.59 | N/A | $-0.28+66.3% | $-0.83-6.4% | $-0.78 |
XBIO Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.4M+65.0% | $5.1M-5.3% | $5.4M-7.6% | $5.8M-16.1% | $6.9M-14.2% | $8.0M-10.9% | $9.0M-3.8% | $9.4M |
| Current Assets | $8.0M+58.8% | $5.1M-5.3% | $5.4M-2.3% | $5.5M-16.9% | $6.6M-6.3% | $7.0M-12.3% | $8.0M-4.3% | $8.4M |
| Cash & Equivalents | $7.9M+91.3% | $4.1M-13.8% | $4.8M-7.4% | $5.2M-16.2% | $6.2M-9.9% | $6.8M-6.3% | $7.3M-6.7% | $7.8M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $968K-12.9% | $1.1M+23.1% | $903K+35.3% | $668K-25.3% | $894K-11.4% | $1.0M-36.4% | $1.6M+121.6% | $716K |
| Current Liabilities | $968K-12.9% | $1.1M+23.1% | $903K+35.3% | $668K-25.3% | $894K-11.4% | $1.0M-36.4% | $1.6M+121.6% | $716K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $7.4M+86.9% | $4.0M-11.1% | $4.5M-13.1% | $5.1M-14.7% | $6.0M-14.6% | $7.0M-5.5% | $7.4M-14.2% | $8.7M |
| Retained Earnings | -$199.9M-0.3% | -$199.3M-0.3% | -$198.8M-0.3% | -$198.1M-0.5% | -$197.2M-0.5% | -$196.1M-0.2% | -$195.7M-0.7% | -$194.4M |
XBIO Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$243K+63.1% | -$658K-71.5% | -$384K+61.7% | -$1.0M-48.7% | -$674K-46.8% | -$459K+12.6% | -$525K+54.7% | -$1.2M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
XBIO Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -81.3%-28.3pp | -53.0%+69.8pp | -122.8%+36.1pp | -158.8%+10.6pp | -169.4%-88.1pp | -81.3%+102.8pp | -184.1%+64.2pp | -248.3% |
| Net Margin | -75.6%-25.9pp | -49.7%+67.1pp | -116.8%+35.5pp | -152.2%+10.3pp | -162.5%-91.4pp | -71.1%+104.3pp | -175.4%+58.6pp | -234.0% |
| Return on Equity | -7.8%+5.1pp | -12.9%+2.6pp | -15.5%+2.2pp | -17.6%-0.1pp | -17.5%-11.3pp | -6.2%+10.9pp | -17.1%-3.3pp | -13.8% |
| Return on Assets | -6.9%+3.1pp | -10.1%+2.8pp | -12.9%+2.7pp | -15.6%-0.3pp | -15.3%-9.8pp | -5.4%+8.7pp | -14.1%-1.4pp | -12.7% |
| Current Ratio | 8.32+3.8 | 4.56-1.4 | 5.93-2.3 | 8.20+0.8 | 7.37+0.4 | 6.96+1.9 | 5.05-6.6 | 11.69 |
| Debt-to-Equity | 0.13-0.2 | 0.28+0.1 | 0.20+0.1 | 0.13-0.0 | 0.150.0 | 0.14-0.1 | 0.21+0.1 | 0.08 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Xenetic Biosciences Inc's annual revenue?
Xenetic Biosciences Inc (XBIO) reported $3.0M in total revenue for fiscal year 2025. This represents a 19.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Xenetic Biosciences Inc's revenue growing?
Xenetic Biosciences Inc (XBIO) revenue grew by 19% year-over-year, from $2.5M to $3.0M in fiscal year 2025.
Is Xenetic Biosciences Inc profitable?
No, Xenetic Biosciences Inc (XBIO) reported a net income of -$2.7M in fiscal year 2025, with a net profit margin of -90.1%.
What is Xenetic Biosciences Inc's operating margin?
Xenetic Biosciences Inc (XBIO) had an operating margin of -95.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Xenetic Biosciences Inc's net profit margin?
Xenetic Biosciences Inc (XBIO) had a net profit margin of -90.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Xenetic Biosciences Inc's return on equity (ROE)?
Xenetic Biosciences Inc (XBIO) has a return on equity of -36.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Xenetic Biosciences Inc's operating cash flow?
Xenetic Biosciences Inc (XBIO) generated -$2.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Xenetic Biosciences Inc's total assets?
Xenetic Biosciences Inc (XBIO) had $8.4M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Xenetic Biosciences Inc spend on research and development?
Xenetic Biosciences Inc (XBIO) invested $3.1M in research and development during fiscal year 2025.
What is Xenetic Biosciences Inc's current ratio?
Xenetic Biosciences Inc (XBIO) had a current ratio of 8.32 as of fiscal year 2025, which is generally considered healthy.
What is Xenetic Biosciences Inc's debt-to-equity ratio?
Xenetic Biosciences Inc (XBIO) had a debt-to-equity ratio of 0.13 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Xenetic Biosciences Inc's return on assets (ROA)?
Xenetic Biosciences Inc (XBIO) had a return on assets of -32.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Xenetic Biosciences Inc's cash runway?
Based on fiscal year 2025 data, Xenetic Biosciences Inc (XBIO) had $7.9M in cash against an annual operating cash burn of $2.3M. This gives an estimated cash runway of approximately 41 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Xenetic Biosciences Inc's Piotroski F-Score?
Xenetic Biosciences Inc (XBIO) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Xenetic Biosciences Inc's earnings high quality?
Xenetic Biosciences Inc (XBIO) has an earnings quality ratio of 0.85x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Xenetic Biosciences Inc cover its interest payments?
Xenetic Biosciences Inc (XBIO) has an interest coverage ratio of -19.2x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Xenetic Biosciences Inc?
Xenetic Biosciences Inc (XBIO) scores 53 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.