company background image
6608 logo

Bairong SEHK:6608 Stock Report

Last Price

HK$8.81

Market Cap

HK$4.1b

7D

-7.2%

1Y

-30.6%

Updated

21 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Bairong Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bairong
Historical stock prices
Current Share PriceHK$8.81
52 Week HighHK$14.58
52 Week LowHK$7.79
Beta0.68
1 Month Change-3.61%
3 Month Change8.90%
1 Year Change-30.63%
3 Year Change-8.23%
5 Year Changen/a
Change since IPO-67.00%

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-7.2%-3.4%-0.5%
1Y-30.6%30.8%19.9%

Return vs Industry: 6608 underperformed the Hong Kong Capital Markets industry which returned 30.8% over the past year.

Return vs Market: 6608 underperformed the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 6608's price volatile compared to industry and market?
6608 volatility
6608 Average Weekly Movement8.7%
Capital Markets Industry Average Movement14.3%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

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$4.08b
Earnings (TTM)HK$293.25m
Revenue (TTM)HK$2.94b

13.9x

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:17
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bairong Inc. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Han PuChina International Capital Corporation Limited
Zeyu YaoChina International Capital Corporation Limited
Yada LiChina International Capital Corporation Limited