Bairong, Inc. Class B (6608) AI Stock Analysis

• Market Cap: €7.41B
• Dividend Yield: N/A
• Average Volume (3M): 1.81M
• Price to Earnings (P/E): 15.0
• Beta (1Y): 1.29
• Revenue Growth: 7.33%
• EPS Growth: -23.12%
• Country: HK
• Employees: 1,445
• Sector: Technology
• Sector Strength: 90
• Industry: Software - Infrastructure
• EPS (TTM): 0.60
• Shares Outstanding: 393,306,580
• 10 Day Avg. Volume: 1,306,161
• 30 Day Avg. Volume: 1,813,471
• PEG Ratio: 8.28
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 21.24
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €8.99
• Price Target Upside: -0.64% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 78 Outperform
• Price Target: HK$10.00 ▲(10.50%Upside)

Bairong, Inc.'s strong financial performance and attractive valuation are the primary drivers of its stock score. The technical analysis supports a cautiously optimistic outlook, with short-term bullish momentum tempered by medium to long-term resistance. The absence of a dividend yield and lack of recent corporate events or earnings call insights present neutral factors.

Bairong, Inc. Class B Business Overview & Revenue Model

Company Description

Bairong Inc., together with its subsidiaries, provides smart analytics and operation, precision marketing, and insurance distribution services in the People's Republic of China. It also engages in micro-loan business, and insurance and reinsurance brokerage business. In addition, the company provides development, consulting, and transfer services of software and hardware products, and network technology; data processing and big data services; enterprise credit services; and software development and computer system development services. It provides its solutions to banks, consumer finance companies, insurance companies, and various other financial service providers. The company was founded in 2014 and is headquartered in Beijing, China.

How the Company Makes Money

Bairong, Inc. generates revenue primarily through the provision of its technology solutions to financial institutions. The company earns money by licensing its software and charging subscription fees for access to its suite of financial tools and analytics platforms. Key revenue streams include fees from its data-driven risk management solutions, which help banks and other financial entities assess creditworthiness and manage risk. Additionally, Bairong partners with various financial institutions to provide customized solutions, which often result in long-term contracts and recurring revenue streams. The company's focus on leveraging big data and AI technologies also allows it to offer premium services, further contributing to its earnings.

Bairong, Inc. Class B Financial Statement Overview

Summary

Bairong, Inc. demonstrates solid financial performance with a strong income statement showing consistent revenue growth and improved gross profit margins. The balance sheet is robust with strong capitalization and low leverage, although cash reserves appear underutilized. Cash flow stability supports operational resilience despite inconsistent free cash flow growth.

Income Statement

Bairong, Inc. demonstrates a strong income statement with consistent revenue growth from 2020 to 2024. The company has improved its gross profit margin significantly, reaching 72.9% in 2024. However, the net income has been volatile, with a significant loss in 2021 due to non-recurring expenses, but recovery in subsequent years. EBIT and EBITDA margins show sustainable operational efficiency, though there's room for improvement.

Balance Sheet

The balance sheet is robust, with a high equity ratio indicating strong capitalization. The debt-to-equity ratio is favorable, showcasing low leverage and sound financial health. However, the negative net debt position in recent years suggests an excess of cash over debt, which could indicate underutilized cash reserves.

Cash Flow

The company maintains strong cash flow from operations, with consistent free cash flow generation. The operating cash flow to net income ratio indicates adequate cash conversion, although free cash flow growth has been inconsistent due to varying capital expenditures and investing activities. Overall, cash flow stability supports operational resilience.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.93B	2.68B	2.05B	1.62B	1.14B
Gross Profit	2.13B	1.95B	1.48B	1.19B	838.14M
EBITDA	203.19M	429.74M	256.29M	191.41M	24.37M
Net Income	266.18M	340.46M	239.66M	-3.60B	-109.06M
Balance Sheet
Total Assets	5.70B	5.51B	5.27B	4.87B	1.33B
Cash, Cash Equivalents and Short-Term Investments	3.46B	2.04B	1.74B	3.85B	848.05M
Total Debt	126.89M	144.51M	131.52M	158.16M	131.34M
Total Liabilities	1.17B	1.06B	956.87M	718.56M	2.58B
Stockholders Equity	4.52B	4.44B	4.30B	4.13B	-1.27B
Cash Flow
Free Cash Flow	244.07M	310.90M	277.99M	244.02M	190.39M
Operating Cash Flow	302.78M	339.16M	302.45M	265.14M	208.76M
Investing Cash Flow	30.12M	-39.27M	-2.56B	141.10M	-251.78M
Financing Cash Flow	-468.90M	-270.68M	-221.59M	3.00B	-65.17M

Bairong, Inc. Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6608, the sentiment is Positive. The current price of 9.05 is above the 20-day moving average (MA) of 8.86, above the 50-day MA of 8.41, and below the 200-day MA of 9.05, indicating a neutral trend. The MACD of 0.21 indicates Positive momentum. The RSI at 56.41 is Neutral, neither overbought nor oversold. The STOCH value of 44.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6608.

Bairong, Inc. Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6608	78 Outperform	€7.41B	15.05	5.87%	―	7.33%	-23.12%
0818	65 Neutral	HK$1.44B	9.51	2.20%	―	-13.19%	-66.35%
9923	63 Neutral	HK$6.50B	64.35	3.07%	―	-23.46%	358.07%
Sector *	63 Neutral	$33.85B	5.90	-11.67%	1.83%	5.25%	-18.21%
2598	57 Neutral	HK$17.07B	―		―	―	―
6682	55 Neutral	HK$25.07B	―		―	―	―
9959	51 Neutral	HK$4.63B	―	-9.86%	―	16.81%	-87.15%

Bairong, Inc. Class B Corporate Events

Bairong, Inc. Announces Board and Committee Reshuffle

Bairong, Inc. announced significant changes to its board of directors and committee compositions, effective June 26, 2025. The company appointed Ms. Wang Qing and Ms. Qin Xuan as executive directors, with Ms. Qin also joining the Nomination Committee. Meanwhile, Mr. Zheng Wei and Ms. Han Kui Fang resigned as executive directors but retained senior roles within the company. These changes reflect Bairong’s strategic efforts to strengthen its leadership and governance, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (HK:6608) stock is a Buy with a HK$13.00 price target. To see the full list of analyst forecasts on Bairong, Inc. Class B stock, see the HK:6608 Stock Forecast page.

Bairong Inc. Announces Board of Directors and Committee Roles

Bairong Inc. has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The board is structured with four committees: Audit, Remuneration, Nomination, and Corporate Governance, with specific directors assigned to each committee. This announcement provides clarity on the governance structure and the roles of each director, which is crucial for stakeholders to understand the company’s decision-making processes.

The most recent analyst rating on (HK:6608) stock is a Buy with a HK$13.00 price target. To see the full list of analyst forecasts on Bairong, Inc. Class B stock, see the HK:6608 Stock Forecast page.

Bairong Inc. Enhances Governance with New Nomination Committee

Bairong Inc. has established a Nomination Committee to identify and recommend candidates for its Board of Directors, evaluate the Board’s performance, and develop nomination guidelines. The committee will consist mainly of independent non-executive directors, with provisions for gender diversity, and will meet at least annually to fulfill its responsibilities, thereby enhancing governance and strategic oversight.

The most recent analyst rating on (HK:6608) stock is a Buy with a HK$13.00 price target. To see the full list of analyst forecasts on Bairong, Inc. Class B stock, see the HK:6608 Stock Forecast page.

Bairong Inc. Successfully Concludes Annual General Meeting with All Resolutions Passed

Bairong Inc., a company incorporated in the Cayman Islands, held its Annual General Meeting on May 30, 2025, where all proposed resolutions were passed by poll. Key resolutions included the adoption of the company’s audited financial statements for 2024, re-election of several directors, and the re-appointment of KPMG as the auditor. This successful AGM reflects strong shareholder support for the company’s current leadership and strategic direction.

The most recent analyst rating on (HK:6608) stock is a Buy with a HK$13.00 price target. To see the full list of analyst forecasts on Bairong, Inc. Class B stock, see the HK:6608 Stock Forecast page.

Bairong Inc. Announces Annual General Meeting and Key Resolutions

Bairong Inc. has announced its upcoming annual general meeting scheduled for May 30, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of the company’s financial statements for 2024, re-election of directors, and the re-appointment of KPMG as auditors. Additionally, shareholders will consider authorizing the company’s board to repurchase Class B shares and issue new shares, reflecting strategic moves to manage the company’s capital structure and governance.