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Bairong, Inc. Class B (HK:6608)
:6608

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

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HK

Bairong, Inc. Class B

(Frankfurt:6608)

Rating:75Outperform
Price Target:
HK$9.00
▲(10.02%Upside)
Bairong, Inc. shows strong financial health with consistent growth and operational efficiency, which is a significant factor in the overall score. The technical analysis indicates short-term bullish momentum, while the valuation reflects a reasonable pricing relative to earnings. The absence of dividend yield and lack of new corporate events or earnings call data slightly restrict the score.

Bairong, Inc. Class B (6608) vs. iShares MSCI Hong Kong ETF (EWH)

Bairong, Inc. Class B Business Overview & Revenue Model

Company DescriptionBairong, Inc. Class B (6608) is a leading provider of financial technology solutions in China. The company specializes in offering a wide range of services including data analytics, artificial intelligence, and cloud computing to financial institutions. Bairong's core products include credit risk management, precision marketing, and operational risk management solutions, all designed to enhance the efficiency and effectiveness of financial services.
How the Company Makes MoneyBairong, 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
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
2.68B2.05B1.62B1.14B1.26B
Gross Profit
1.95B1.48B1.19B838.14M971.79M
EBIT
346.77M170.48M117.30M6.90M-25.44M
EBITDA
429.74M256.29M191.41M24.37M-13.89M
Net Income Common Stockholders
340.46M239.66M-3.60B-109.06M-94.14M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.04B1.74B3.85B848.05M696.61M
Total Assets
5.51B5.27B4.87B1.33B1.27B
Total Debt
144.51M131.52M158.16M131.34M165.64M
Net Debt
-769.48M-756.99M-3.19B89.39M14.73M
Total Liabilities
1.06B956.87M718.56M2.58B2.45B
Stockholders Equity
4.44B4.30B4.13B-1.27B-1.20B
Cash FlowFree Cash Flow
310.90M277.99M244.02M190.39M19.54M
Operating Cash Flow
339.16M302.45M265.14M208.76M62.99M
Investing Cash Flow
-39.27M-2.56B141.10M-251.78M-31.79M
Financing Cash Flow
-270.68M-221.59M3.00B-65.17M-92.63M

Bairong, Inc. Class B Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8.18
Price Trends
50DMA
7.86
Positive
100DMA
8.82
Negative
200DMA
9.00
Negative
Market Momentum
MACD
0.05
Negative
RSI
54.35
Neutral
STOCH
80.25
Negative
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 8.18 is above the 20-day moving average (MA) of 8.04, above the 50-day MA of 7.86, and below the 200-day MA of 9.00, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 54.35 is Neutral, neither overbought nor oversold. The STOCH value of 80.25 is Negative, 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

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
HK$2.22T15.6713.02%0.84%3.92%27.80%
80
Outperform
$1.41T40.4314.98%38.46%72.44%
79
Outperform
€234.15B28.4112.25%9.84%-30.05%
76
Outperform
$882.26B19.6923.82%19.20%156.71%
75
Outperform
HK$6.58B13.605.87%7.33%-23.12%
62
Neutral
$11.80B10.37-7.29%2.91%7.39%-7.96%
52
Neutral
HK$73.27B-24.98%89.72%40.14%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6608
Bairong, Inc. Class B
8.18
-0.97
-10.60%
HK:9988
Alibaba Group Holding Ltd.
116.60
41.77
55.82%
HK:9863
Zhejiang Leapmotor Technology Co., Ltd. Class H
54.80
27.55
101.10%
HK:3690
Meituan
141.70
26.40
22.90%
HK:2015
Li Auto, Inc. Class A
116.80
40.95
53.99%
HK:1810
Xiaomi
53.10
35.78
206.58%

Bairong, Inc. Class B Corporate Events

Bairong Inc. Successfully Concludes Annual General Meeting with All Resolutions Passed
May 30, 2025

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
Apr 29, 2025

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.

Bairong Inc. Reports 9% Revenue Growth Amidst AI Industry Challenges
Mar 26, 2025

Bairong Inc. announced its annual results for 2024, reporting a revenue increase of 9% to RMB2,929.27 million, despite facing macroeconomic challenges and competition in the AI industry. The company maintained profitability with a non-IFRS profit of RMB376.05 million and a 13% profit margin, although its operating profit and net profit margin saw declines.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.