Financial Snapshot

Revenue
$509.8M
TTM
Gross Margin
67.63%
TTM
Net Earnings
-$566.8M
TTM
Current Assets
$806.3M
Q2 2024
Current Liabilities
$259.6M
Q2 2024
Current Ratio
310.54%
Q2 2024
Total Assets
$1.023B
Q2 2024
Total Liabilities
$345.5M
Q2 2024
Book Value
$677.8M
Q2 2024
Cash
$532.5M
Q2 2024
P/E
-0.1219
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $537.4M $563.2M $507.9M $429.9M $381.7M $208.9M $111.2M
YoY Change -4.58% 10.9% 18.13% 12.63% 82.72% 87.86%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $537.4M $563.2M $507.9M $429.9M $381.7M $208.9M $111.2M
Cost Of Revenue $174.2M $183.2M $143.7M $116.0M $108.3M $73.80M $39.50M
Gross Profit $363.2M $380.0M $364.1M $313.9M $273.3M $135.1M $71.70M
Gross Profit Margin 67.59% 67.47% 71.7% 73.02% 71.6% 64.67% 64.48%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $685.5M $938.6M $793.4M $462.4M $285.5M $191.2M $143.5M
YoY Change -26.96% 18.31% 71.57% 61.96% 49.32% 33.24%
% of Gross Profit 188.73% 246.97% 217.87% 147.31% 104.46% 141.52% 200.14%
Research & Development $347.0M $421.9M $367.9M $263.9M $156.9M $105.3M $49.00M
YoY Change -17.74% 14.68% 39.39% 68.2% 49.0% 114.9%
% of Gross Profit 95.54% 111.01% 101.02% 84.07% 57.41% 77.94% 68.34%
Depreciation & Amortization $18.79M $17.99M $47.77M $33.31M $31.36M $24.68M $21.31M
YoY Change 4.43% -62.33% 43.4% 6.22% 27.07% 15.81%
% of Gross Profit 5.17% 4.73% 13.12% 10.61% 11.47% 18.27% 29.72%
Operating Expenses $1.033B $1.360B $1.161B $726.3M $442.5M $296.5M $192.5M
YoY Change -24.1% 17.16% 59.88% 64.14% 49.24% 54.03%
Operating Profit -$669.3M -$980.4M -$797.1M -$412.4M -$169.2M -$161.4M -$120.8M
YoY Change -31.73% 23.0% 93.27% 143.74% 4.83% 33.61%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $17.54M $11.01M $1.067M $2.600M $3.700M -$15.60M -$10.40M
YoY Change 59.32% 931.58% -58.96% -29.73% -123.72% 50.0%
% of Operating Profit
Other Income/Expense, Net $484.0K $152.0K $199.0K $2.600M -$3.700M -$500.0K $0.00
YoY Change 218.42% -23.62% -92.35% -170.27% 640.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$651.3M -$969.2M -$795.8M -$407.2M -$169.2M -$177.5M -$131.3M
YoY Change -32.8% 21.8% 95.43% 140.66% -4.68% 35.19%
Income Tax $2.388M $1.985M $899.0K $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$653.7M -$971.2M -$796.7M -$407.2M -$169.2M -$177.5M -$131.3M
YoY Change -32.69% 21.91% 95.65% 140.66% -4.68% 35.19%
Net Earnings / Revenue -121.63% -172.44% -156.87% -94.72% -44.33% -84.97% -118.08%
Basic Earnings Per Share
Diluted Earnings Per Share -$6.38 -$9.32 -$7.645M -$5.936M -$1.662M -$1.744M -$1.290M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $615.1M $905.5M $1.497B $2.263B $410.9M $136.3M
YoY Change -32.07% -39.51% -33.84% 450.67% 201.47%
Cash & Equivalents $615.1M $905.5M $1.431B $1.895B $94.20M $93.30M
Short-Term Investments $13.41M $0.00 $65.63M $367.4M $316.7M $42.90M
Other Short-Term Assets $50.37M $71.28M $42.86M $45.80M $29.20M $25.30M
YoY Change -29.33% 66.32% -6.43% 56.85% 15.42%
Inventory $69.02M $130.3M $123.2M $68.00M $58.10M $49.10M
Prepaid Expenses
Receivables $149.6M $151.7M $134.6M $110.8M $89.70M $35.50M
Other Receivables $0.00 $0.00 $23.34M $36.30M $118.8M $47.00M
Total Short-Term Assets $884.1M $1.259B $1.821B $2.524B $706.8M $293.0M
YoY Change -29.76% -30.87% -27.85% 257.06% 141.23%
Property, Plant & Equipment $144.2M $300.0M $406.4M $111.5M $89.30M $69.60M
YoY Change -51.94% -26.18% 264.52% 24.86% 28.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $337.0K $690.0K $910.0K $1.400M $40.20M $2.000M
YoY Change -51.16% -24.18% -35.0% -96.52% 1910.0%
Other Assets $5.088M $20.89M $45.14M $23.00M $11.00M $7.600M
YoY Change -75.64% -53.72% 96.24% 109.09% 44.74%
Total Long-Term Assets $155.9M $328.7M $457.6M $139.3M $140.8M $79.70M
YoY Change -52.57% -28.17% 228.53% -1.07% 76.66%
Total Assets $1.040B $1.587B $2.279B $2.663B $847.6M $372.7M
YoY Change
Accounts Payable $18.06M $50.95M $63.08M $35.50M $12.30M $16.30M
YoY Change -64.55% -19.23% 77.69% 188.62% -24.54%
Accrued Expenses $113.6M $211.1M $149.7M $78.90M $51.00M $25.10M
YoY Change -46.19% 40.97% 89.76% 54.71% 103.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $2.370M $7.400M $2.400M $136.2M
YoY Change -100.0% -67.97% 208.33% -98.24%
Long-Term Debt Due $0.00 $39.50M $42.00M $42.70M
YoY Change -100.0% -5.95% -1.64%
Total Short-Term Liabilities $263.4M $411.5M $372.2M $241.5M $164.4M $284.7M
YoY Change -35.99% 10.55% 54.11% 46.9% -42.26%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $23.10M $93.30M
YoY Change -100.0% -75.24%
Other Long-Term Liabilities $8.227M $17.68M $61.09M $500.0K $24.50M $2.000M
YoY Change -53.45% -71.07% 12118.4% -97.96% 1125.0%
Total Long-Term Liabilities $8.227M $17.68M $61.09M $500.0K $47.60M $95.30M
YoY Change -53.45% -71.07% 12118.4% -98.95% -50.05%
Total Liabilities $271.6M $429.1M $433.3M $242.0M $212.0M $380.0M
YoY Change -36.71% -0.96% 79.04% 14.15% -44.21%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $69.099 Million

About Burning Rock Biotech Ltd

Burning Rock Biotech Ltd is a CN-based company operating in Biotechnology industry. The company is headquartered in Guangzhou, Guangdong and currently employs 786 full-time employees. The company went IPO on 2020-06-12. Burning Rock Biotech Ltd is a holding company mainly engaged in the next generation sequencing (NGS) based cancer therapy selection. The firm operates three segments. Central Laboratory Business segment is engaged in the sales of cancer therapy selection test to individual patients. In-Hospital Business segment is engaged in the sales of reagent kits and the provision of the facilitation services for the sale of laboratory equipment to hospitals. Pharma Research and Development Services segment provide services to companies primarily in relation to the development of targeted therapies and immunotherapies for various types of cancer, and to hospitals for their studies on cancer diagnosis and treatment. Its products include OncoScreen Plus and LungPlasma. Its NGS-based cancer therapy selection tests applicable to a broad range of cancer types, including lung cancer, prostate cancer, breast cancer and others. The firm mainly conducts its businesses in the China market.

Industry: Services-Medical Laboratories Peers: Connect Biopharma Holdings Ltd Genetron Holdings Ltd Gracell Biotechnologies Inc. I-Mab SINOVAC BIOTECH LTD