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Bairong SEHK:6608 Stock Report

Last Price

HK$9.14

Market Cap

HK$4.3b

7D

-1.7%

1Y

-33.1%

Updated

21 Nov, 2024

Data

Company Financials +

Bairong Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bairong
Historical stock prices
Current Share PriceHK$9.14
52 Week HighHK$14.80
52 Week LowHK$7.79
Beta0.68
11 Month Change-5.68%
3 Month Change2.35%
1 Year Change-33.09%
33 Year Change-14.42%
5 Year Changen/a
Change since IPO-65.77%

Recent News & Updates

After Leaping 25% Bairong Inc. (HKG:6608) Shares Are Not Flying Under The Radar

Sep 30
After Leaping 25% Bairong Inc. (HKG:6608) Shares Are Not Flying Under The Radar

Recent updates

After Leaping 25% Bairong Inc. (HKG:6608) Shares Are Not Flying Under The Radar

Sep 30
After Leaping 25% Bairong Inc. (HKG:6608) Shares Are Not Flying Under The Radar

Shareholders Will Probably Hold Off On Increasing Bairong Inc.'s (HKG:6608) CEO Compensation For The Time Being

Jun 14
Shareholders Will Probably Hold Off On Increasing Bairong Inc.'s (HKG:6608) CEO Compensation For The Time Being

Bairong Inc.'s (HKG:6608) 26% Cheaper Price Remains In Tune With Earnings

Apr 03
Bairong Inc.'s (HKG:6608) 26% Cheaper Price Remains In Tune With Earnings

Cautious Investors Not Rewarding Bairong Inc.'s (HKG:6608) Performance Completely

Aug 24
Cautious Investors Not Rewarding Bairong Inc.'s (HKG:6608) Performance Completely

Shareholder Returns

6608HK Capital MarketsHK Market
7D-1.7%-3.0%0.4%
1Y-33.1%20.4%12.0%

Return vs Industry: 6608 underperformed the Hong Kong Capital Markets industry which returned 20.4% over the past year.

Return vs Market: 6608 underperformed the Hong Kong Market which returned 12% over the past year.

Price Volatility

Is 6608's price volatile compared to industry and market?
6608 volatility
6608 Average Weekly Movement8.8%
Capital Markets Industry Average Movement14.1%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.3%

Stable Share Price: 6608 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 6608's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20141,414Shaofeng Zhangwww.baironginc.com

Bairong Inc. operates as cloud-base AI turnkey services provider in China. The company develops various technologies, such as leveraging generative AI and discriminant AI, natural language processing (NLP), privacy computing, machine learning, and cloud computing. It also offers MaaS (Model as a service), which leverages discriminant AI to digitalize the know-your-customer and know-your-product process for institutions by predicting users risk, willingness, and capability; and BaaS (Business as a service), which utilizes discriminant AI to accurately match and filter users for layering and leverages Generative AI to approach users through combination of AI chatbot, short message service, operator services, and other mixed methods.

Bairong Inc. Fundamentals Summary

How do Bairong's earnings and revenue compare to its market cap?
6608 fundamental statistics
Market capHK$4.26b
Earnings (TTM)HK$295.73m
Revenue (TTM)HK$2.97b

14.3x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6608 income statement (TTM)
RevenueCN¥2.76b
Cost of RevenueCN¥746.77m
Gross ProfitCN¥2.01b
Other ExpensesCN¥1.74b
EarningsCN¥275.16m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin72.94%
Net Profit Margin9.97%
Debt/Equity Ratio0.9%

How did 6608 perform over the long term?

See historical performance and comparison