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Beijing Fourth Paradigm Technology Co. Ltd. Class H
(6682)
Beijing Fourth Paradigm Technology Co. Ltd. Class H (6682) vs. iShares MSCI Hong Kong ETF (EWH)
Beijing Fourth Paradigm Technology Co. Ltd. Class H Business Overview & Revenue Model
Beijing Fourth Paradigm Technology Co. Ltd. Class H Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.26B | 4.20B | 3.08B | 2.02B | 942.24M |
| Gross Profit | 2.24B | 1.98B | 1.49B | 953.48M | 429.74M |
| EBITDA | -318.20M | -418.66M | -958.82M | -1.17B | -544.73M |
| Net Income | -268.79M | -908.72M | -1.65B | -1.80B | -750.21M |
Balance Sheet | |||||
| Total Assets | 7.59B | 7.15B | 6.72B | 6.45B | 2.02B |
| Cash, Cash Equivalents and Short-Term Investments | 1.89B | 3.03B | 2.66B | 3.85B | 1.32B |
| Total Debt | 28.36M | 154.63M | 144.59M | 54.12M | 38.77M |
| Total Liabilities | 2.52B | 1.69B | 8.18B | 6.70B | 3.20B |
| Stockholders Equity | 5.06B | 5.35B | -1.57B | -351.02M | -1.18B |
Cash Flow | |||||
| Free Cash Flow | -650.31M | -1.04B | -795.11M | -791.15M | -504.21M |
| Operating Cash Flow | -622.00M | -998.58M | -779.59M | -770.01M | -452.94M |
| Investing Cash Flow | -474.17M | 723.41M | 822.39M | -3.20B | -139.08M |
| Financing Cash Flow | -30.93M | 930.72M | -9.01M | 4.21B | 942.43M |
Beijing Fourth Paradigm Technology Co. Ltd. Class H Technical Analysis
Beijing Fourth Paradigm Technology Co. Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $35.62B | 8.22 | -10.94% | 1.88% | 8.86% | -10.36% | |
61 Neutral | HK$5.76B | 51.64 | 3.35% | ― | -9.32% | 477.27% | |
54 Neutral | HK$31.17B | ― | -3.20% | ― | ― | ― | |
| ― | €975.63M | 15.87 | 5.87% | ― | ― | ― | |
54 Neutral | HK$4.82B | ― | -12.22% | ― | 11.43% | -94.89% | |
47 Neutral | HK$16.94B | ― | ― | ― | ― | ||
42 Neutral | HK$4.00B | ― | -27.20% | ― | -3.78% | 20.83% |
Beijing Fourth Paradigm Technology Co. Ltd. Class H Corporate Events
Beijing Fourth Paradigm Technology Co., Ltd. announced the formation of a joint venture with Beijing HyperStrong Technology Co., Ltd. to establish Energy Crystal (Beijing) Technology Co., Ltd., which will focus on AI technology services for electricity trading. This collaboration aims to integrate AI and energy storage technologies, leveraging HyperStrong’s expertise in energy storage and Fourth Paradigm’s AI capabilities, to innovate and promote AI applications in the energy storage sector, ultimately contributing to global sustainable energy development.
Beijing Fourth Paradigm Technology Co., Ltd. has announced the formation of a joint venture with 9M Technologies Limited, named Para-tech Limited, to focus on financial technology services, particularly in the stablecoin market. This strategic partnership aims to leverage Fourth Paradigm’s AI expertise and 9M Technologies’ fixed income sector knowledge to develop solutions that meet regulatory requirements, promote industry standardization, and support strategic initiatives like the Digital RMB, thereby strengthening the company’s position in the financial technology landscape.
Beijing Fourth Paradigm Technology Co., Ltd. has entered into a Subscription Agreement to issue 25,900,000 H Shares at HK$50.50 each, raising approximately HK$1,307.95 million. This strategic move represents a significant share issuance, impacting around 8.78% of issued H Shares and 5.25% of total issued Shares, aimed at strengthening the company’s financial position and market presence.
Beijing Fourth Paradigm Technology Co., Ltd. held its Annual General Meeting on June 26, 2025, where all proposed resolutions were approved by shareholders. Key decisions included the election of an employee representative director, appointment of an independent non-executive director, change of auditor, and amendments to the Articles of Association, reflecting a strategic move to strengthen governance and operational oversight.
Beijing Fourth Paradigm Technology Co., Ltd. has announced the composition of its board of directors, detailing the roles and functions of each member. This announcement provides clarity on the leadership structure, which is crucial for stakeholders to understand the company’s governance and strategic direction.
Beijing Fourth Paradigm Technology Co., Ltd. has established a nomination committee to enhance its board’s governance structure. This committee will oversee the selection and appointment of directors, ensuring a diverse and skilled board composition to support the company’s strategic goals and sustainable development.
Beijing Fourth Paradigm Technology Co., Ltd. has established a Remuneration Committee under its Board to enhance its corporate governance and remuneration management system. The committee is tasked with setting appraisal standards, formulating remuneration policies, and making recommendations on compensation packages for directors and senior management. This move is expected to streamline decision-making processes related to remuneration and align them with corporate goals, potentially impacting the company’s operational efficiency and stakeholder satisfaction.
Beijing Fourth Paradigm Technology Co., Ltd. has established an Audit Committee under its Board to enhance its internal control and audit systems. This committee is responsible for reviewing financial reports, ensuring effective risk management, and overseeing internal and external audits. The committee’s establishment is in line with the company’s efforts to strengthen corporate governance and improve its financial and risk management processes.
Beijing Fourth Paradigm Technology Co., Ltd. announced the election of Mr. Chai Yifei as the employee representative Director following the company’s employees’ congress. Mr. Chai, who has been with the company since 2015 and has extensive experience in big data consulting, will assume his new role if the resolution to abolish the Supervisory Committee is approved at the upcoming AGM. His appointment is part of the company’s strategic changes in governance structure, potentially impacting its operational dynamics and stakeholder relations.
Beijing Fourth Paradigm Technology Co., Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for June 26, 2025. The meeting will address several key resolutions, including the approval of the 2024 annual report, financial report, and profit distribution plan. Additionally, significant changes such as the abolishment of the Supervisory Committee and amendments to the Articles of Association are on the agenda. These resolutions indicate a strategic shift in the company’s governance and operational structure, potentially impacting its market positioning and stakeholder relations.
Beijing Fourth Paradigm Technology Co., Ltd. has announced proposed amendments to its Articles of Association and the Rules of Procedures for both Shareholders’ and Board Meetings. These changes aim to optimize corporate governance by abolishing the supervisory committee, changing the registered address, and increasing the number of directors. The amendments require shareholder approval at the upcoming annual general meeting and are considered beneficial for the company and its stakeholders.
Beijing Fourth Paradigm Technology Co., Ltd. has announced the proposed appointment of Mr. Liu Zhuzhan as an independent non-executive director, pending shareholder approval at the upcoming annual general meeting. Mr. Liu brings extensive experience in integrated circuit technology and management, which is expected to strengthen the company’s governance and strategic direction.
Beijing Fourth Paradigm Technology Co., Ltd. has announced a proposed change of auditor, with PricewaterhouseCoopers set to retire at the conclusion of the upcoming annual general meeting. The company plans to appoint CL Partners CPA Limited as its new auditor, pending shareholder approval. This change is driven by the company’s business development needs and cost considerations, with no disagreements reported between the company and PwC.
Beijing Fourth Paradigm Technology Co., Ltd. has announced a change in its registered address to a new location in Haidian District, Beijing. This change will take effect following shareholder approval at the upcoming annual general meeting, indicating a strategic move that may impact its operational logistics.
Beijing Fourth Paradigm Technology Co., Ltd. reported strong performance for the first quarter of 2025, with a 30.1% year-on-year revenue growth, reaching RMB1,077 million. The company maintained a stable gross profit margin of 41.2% and increased its R&D expenditure by 5.7% to RMB368 million. The company focused on expanding its customer base and deepening high-value customer engagements, resulting in a 31.3% increase in average revenue contribution from lighthouse users. The company has been at the forefront of AI innovation, particularly in the AI agent domain, leveraging large language models to enhance enterprise applications. The debut of DeepSeek, a high-performance, low-cost open-source model, marked a significant shift in AI development, facilitating the deployment of AI agents across industries. The company’s core business segment, the 4ParadigmSage AI Platform, continued to experience robust growth, driven by the demand for high-value AI applications in sectors such as finance, energy, transportation, and healthcare.