Burning Rock Biotech Limited (BNR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Burning Rock Biotech Limited (BNR) stock price & volume — 10-year historical chart
Burning Rock Biotech Limited (BNR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Burning Rock Biotech Limited (BNR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 12, 2026 | $0.21vs $1.40+85.0% | $18M |
| Q4 2025 | Nov 20, 2025 | $0.26 | $18M |
| Q4 2025 | Sep 8, 2025 | $0.15 | $21M |
| Q3 2025 | Jun 6, 2025 | $0.17 | $18M |
Burning Rock Biotech Limited (BNR) competitors in Molecular and Genetic Diagnostics — business model, growth, and fundamentals comparison
Burning Rock Biotech Limited (BNR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Burning Rock Biotech Limited (BNR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 111.17M | 208.87M | 381.68M | 429.9M | 507.86M | 563.24M | 537.43M | 515.82M | 539.27M |
| Revenue Growth % | - | 87.89% | 82.74% | 12.64% | 18.13% | 10.9% | -4.58% | -4.02% | 5.56% |
| Cost of Goods Sold | 39.47M | 73.81M | 108.34M | 115.98M | 143.72M | 183.2M | 174.21M | 153.42M | 145.5M |
| COGS % of Revenue | 35.51% | 35.34% | 28.39% | 26.98% | 28.3% | 32.53% | 32.41% | 29.74% | - |
| Gross Profit | 71.7M▲ 0% | 135.06M▲ 88.4% | 273.33M▲ 102.4% | 313.92M▲ 14.8% | 364.15M▲ 16.0% | 380.04M▲ 4.4% | 363.23M▼ 4.4% | 362.4M▼ 0.2% | 393.77M▲ 0% |
| Gross Margin % | 64.49% | 64.66% | 71.61% | 73.02% | 71.7% | 67.47% | 67.59% | 70.26% | 73.02% |
| Gross Profit Growth % | - | 88.38% | 102.38% | 14.85% | 16% | 4.36% | -4.42% | -0.23% | - |
| Operating Expenses | 192.56M | 296.45M | 442.43M | 726.33M | 1.16B | 1.36B | 1.03B | 719.96M | 518.5M |
| OpEx % of Revenue | 173.22% | 141.93% | 115.92% | 168.95% | 228.65% | 241.54% | 192.13% | 139.58% | - |
| Selling, General & Admin | 143.54M | 191.16M | 285.49M | 462.39M | 793.35M | 938.58M | 685.53M | 452.54M | 299.55M |
| SG&A % of Revenue | 129.12% | 91.52% | 74.8% | 107.56% | 156.21% | 166.64% | 127.56% | 87.73% | - |
| Research & Development | 49.02M | 105.3M | 156.94M | 263.94M | 367.86M | 421.87M | 347.02M | 232.29M | 183.83M |
| R&D % of Revenue | 44.1% | 50.41% | 41.12% | 61.4% | 72.43% | 74.9% | 64.57% | 45.03% | - |
| Other Operating Expenses | -32K | -488K | 0 | 0 | 0 | 0 | 0 | 35.13M | 1000K |
| Operating Income | -120.87M▲ 0% | -161.4M▼ 33.5% | -169.09M▼ 4.8% | -412.4M▼ 143.9% | -797.06M▼ 93.3% | -980.41M▼ 23.0% | -669.32M▲ 31.7% | -357.56M▲ 46.6% | -124.73M▲ 0% |
| Operating Margin % | -108.73% | -77.27% | -44.3% | -95.93% | -156.94% | -174.07% | -124.54% | -69.32% | -23.13% |
| Operating Income Growth % | - | -33.53% | -4.77% | -143.89% | -93.27% | -23% | 31.73% | 46.58% | - |
| EBITDA | -99.55M | -136.72M | -137.73M | -379.1M | -749.3M | -856.31M | -535.92M | -305.36M | -63.91M |
| EBITDA Margin % | -89.55% | -65.46% | -36.09% | -88.18% | -147.54% | -152.03% | -99.72% | -59.2% | -11.85% |
| EBITDA Growth % | - | -37.33% | -0.74% | -175.24% | -97.65% | -14.28% | 37.42% | 43.02% | 80.84% |
| D&A (Non-Cash Add-back) | 21.31M | 24.68M | 31.36M | 33.31M | 47.77M | 124.1M | 133.4M | 52.2M | 25.69M |
| EBIT | -120.87M | -159.55M | -160.17M | -406.57M | -794.26M | -980.41M | -651.3M | -322.43M | -89.61M |
| Net Interest Income | -9.86M | -16.61M | 2.17M | 5.4M | 1.92M | 9.46M | 17.96M | 12.21M | 8.35M |
| Interest Income | 0 | 1.34M | 11.16M | 6.07M | 3.46M | 9.46M | 17.96M | 12.21M | 8.35M |
| Interest Expense | 9.86M | 17.95M | 8.99M | 667K | 1.54M | 0 | 0 | 0 | 0 |
| Other Income/Expense | -10.41M | -16.1M | -64K | 5.17M | 1.27M | 11.16M | 18.02M | 16.82M | 9.47M |
| Pretax Income | -131.28M▲ 0% | -177.5M▼ 35.2% | -169.16M▲ 4.7% | -407.24M▼ 140.7% | -795.8M▼ 95.4% | -969.25M▼ 21.8% | -651.3M▲ 32.8% | -340.74M▲ 47.7% | -115.26M▲ 0% |
| Pretax Margin % | -118.09% | -84.98% | -44.32% | -94.73% | -156.7% | -172.09% | -121.19% | -66.06% | -21.37% |
| Income Tax | 0 | 0 | 0 | 0 | 899K | 1.99M | 2.39M | 5.88M | 5.99M |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | -0.11% | -0.2% | -0.37% | -1.73% | -5.2% |
| Net Income | -131.28M▲ 0% | -177.5M▼ 35.2% | -168.34M▲ 5.2% | -407.24M▼ 141.9% | -796.7M▼ 95.6% | -971.23M▼ 21.9% | -653.69M▲ 32.7% | -346.63M▲ 47.0% | -121.25M▲ 0% |
| Net Margin % | -118.09% | -84.98% | -44.1% | -94.73% | -156.87% | -172.44% | -121.63% | -67.2% | -22.48% |
| Net Income Growth % | - | -35.21% | 5.16% | -141.92% | -95.64% | -21.91% | 32.69% | 46.97% | 71.64% |
| Net Income (Continuing) | -131.28M | -177.5M | -169.16M | -407.24M | -796.7M | -971.23M | -653.69M | -346.63M | -121.25M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -102.02▲ 0% | -103.82▼ 1.8% | -142.30▼ 37.1% | -68.76▲ 51.7% | -76.45▼ 11.2% | -93.47▼ 22.3% | -63.84▲ 31.7% | -33.67▲ 47.3% | -112.60▲ 0% |
| EPS Growth % | - | -1.76% | -37.06% | 51.68% | -11.18% | -22.26% | 31.7% | 47.26% | 72.22% |
| EPS (Basic) | -102.02 | -103.82 | -142.30 | -68.76 | -76.45 | -93.47 | -63.84 | -33.67 | - |
| Diluted Shares Outstanding | 1.81M | 2.24M | 2.35M | 6.86M | 10.42M | 10.39M | 10.24M | 10.29M | 1.08M |
| Basic Shares Outstanding | 1.29M | 1.71M | 1.19M | 5.92M | 10.42M | 10.39M | 10.24M | 10.29M | 1.08M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Burning Rock Biotech Limited (BNR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 298.93M | 292.99M | 706.79M | 2.52B | 1.82B | 1.26B | 884.1M | 776.62M | 739.32M |
| Cash & Short-Term Investments | 190M | 130.13M | 408.22M | 2.26B | 1.5B | 905.45M | 615.1M | 519.85M | 463.99M |
| Cash Only | 54.79M | 93.34M | 94.23M | 1.9B | 1.43B | 905.45M | 615.1M | 519.85M | 463.99M |
| Short-Term Investments | 135.21M | 36.79M | 313.99M | 362.13M | 63.76M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 41.23M | 35.52M | 89.73M | 110.75M | 161.43M | 170.23M | 149.61M | 173.45M | 196.89M |
| Days Sales Outstanding | 135.38 | 62.07 | 85.81 | 94.03 | 116.02 | 110.32 | 101.61 | 122.73 | 127.19 |
| Inventory | 16.8M | 49.05M | 58.12M | 68.02M | 123.21M | 130.32M | 69.02M | 53.76M | 54.47M |
| Days Inventory Outstanding | 155.4 | 242.59 | 195.79 | 214.07 | 312.92 | 259.65 | 144.61 | 127.91 | 145.16 |
| Other Current Assets | 50.9M | 3.45M | 133.84M | 67.41M | 8.66M | 30.14M | 21.12M | 11.57M | 23.97M |
| Total Non-Current Assets | 101.4M | 79.69M | 140.77M | 139.38M | 457.64M | 328.7M | 155.91M | 108.69M | 72.84M |
| Property, Plant & Equipment | 60.69M | 69.58M | 89.31M | 111.48M | 406.44M | 300.03M | 144.2M | 100.34M | 66.04M |
| Fixed Asset Turnover | 1.83x | 3.00x | 4.27x | 3.86x | 1.25x | 1.88x | 3.73x | 5.14x | 6.57x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 1.82M | 0 | 0 | 0 |
| Intangible Assets | 516K | 482K | 343K | 3.46M | 5.15M | 161K | 964K | 421K | 316K |
| Long-Term Investments | 37.33M | 1.99M | 40.16M | 1.42M | 910K | 690K | 337K | 0 | 0 |
| Other Non-Current Assets | 2.86M | 7.63M | 10.95M | 23.02M | 45.14M | 26M | 10.41M | 7.93M | 28.87M |
| Total Assets | 400.33M▲ 0% | 372.67M▼ 6.9% | 847.56M▲ 127.4% | 2.66B▲ 214.2% | 2.28B▼ 14.4% | 1.59B▼ 30.3% | 1.04B▼ 34.5% | 885.3M▼ 14.9% | 812.17M▲ 0% |
| Asset Turnover | 0.28x | 0.56x | 0.45x | 0.16x | 0.22x | 0.35x | 0.52x | 0.58x | 0.64x |
| Asset Growth % | - | -6.91% | 127.43% | 214.2% | -14.44% | -30.33% | -34.49% | -14.87% | -65.02% |
| Total Current Liabilities | 78.06M | 284.7M | 164.44M | 241.53M | 372.18M | 411.45M | 263.36M | 266.3M | 235.11M |
| Accounts Payable | 0 | 16.27M | 12.35M | 35.48M | 63.08M | 50.95M | 18.06M | 33.75M | 34.28M |
| Days Payables Outstanding | - | 80.44 | 41.6 | 111.66 | 160.21 | 101.51 | 37.84 | 80.29 | 85.37 |
| Short-Term Debt | 14.88M | 176.27M | 39.5M | 42.06M | 2.37M | 0 | 0 | 0 | 200K |
| Deferred Revenue (Current) | 0 | 57.99M | 53.64M | 75.52M | 143.84M | 149.44M | 131.73M | 118.49M | 339.67M |
| Other Current Liabilities | 48.92M | 3.13M | 3.08M | 4.76M | 13.17M | 58.58M | 18.95M | 18.1M | 107.04M |
| Current Ratio | 3.83x | 1.03x | 4.30x | 10.45x | 4.89x | 3.06x | 3.36x | 2.92x | 2.92x |
| Quick Ratio | 3.61x | 0.86x | 3.94x | 10.17x | 4.56x | 2.74x | 3.09x | 2.71x | 2.71x |
| Cash Conversion Cycle | - | 224.22 | 240 | 196.43 | 268.73 | 268.46 | 208.37 | 170.35 | 186.98 |
| Total Non-Current Liabilities | 153.79M | 691.44M | 1.57B | 491K | 61.09M | 17.68M | 8.23M | 38.18M | 27.48M |
| Long-Term Debt | 153.79M | 87.64M | 18.27M | 0 | 0 | 0 | 0 | 0 | 1.8M |
| Capital Lease Obligations | 0 | 5.69M | 4.82M | 0 | 49.32M | 13.55M | 3.69M | 27.75M | 80.02M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 596.12M | 1.55B | 228K | 11.78M | 4.12M | 4.54M | 10.43M | 43.07M |
| Total Liabilities | 231.85M | 976.14M | 1.74B | 242.02M | 433.28M | 429.13M | 271.59M | 304.48M | 262.59M |
| Total Debt | 168.67M | 272.27M | 67.47M | 46.88M | 86.69M | 50.79M | 12.32M | 52.32M | 33.18M |
| Net Debt | 113.88M | 178.93M | -26.76M | -1.85B | -1.34B | -854.66M | -602.77M | -467.53M | -430.81M |
| Debt / Equity | 1.00x | - | - | 0.02x | 0.05x | 0.04x | 0.02x | 0.09x | 0.09x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | -0.52x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | 6.74x |
| Interest Coverage | -12.26x | -8.99x | -18.81x | -618.30x | -518.92x | - | - | - | - |
| Total Equity | 168.49M▲ 0% | -603.46M▼ 458.2% | -891.49M▼ 47.7% | 2.42B▲ 371.6% | 1.85B▼ 23.8% | 1.16B▼ 37.2% | 768.41M▼ 33.7% | 580.83M▼ 24.4% | 549.58M▲ 0% |
| Equity Growth % | - | -458.17% | -47.73% | 371.57% | -23.78% | -37.23% | -33.66% | -24.41% | -76.61% |
| Book Value per Share | 93.14 | -269.66 | -379.62 | 352.74 | 177.08 | 111.48 | 75.04 | 56.43 | 510.37 |
| Total Shareholders' Equity | 168.49M | -603.46M | -891.49M | 2.42B | 1.85B | 1.16B | 768.41M | 580.83M | 549.58M |
| Common Stock | 28K | 29K | 31K | 137K | 137K | 138K | 137K | 145K | 141K |
| Retained Earnings | -379.52M | -612M | -946.46M | -1.42B | -2.23B | -3.2B | -3.85B | -4.2B | -4.24B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -58.92M | -65.9M | -63.26M | -57.19M |
| Accumulated OCI | -10.88M | -14.8M | 9.3M | -167.59M | -207.07M | -165.72M | -161.53M | -158.05M | -160.09M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Burning Rock Biotech Limited (BNR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -133.7M | -148.78M | -228.04M | -73.54M | -477.89M | -456.81M | -255.78M | -92.26M | -92.26M |
| Operating CF Margin % | -120.27% | -71.23% | -59.75% | -17.11% | -94.1% | -81.1% | -47.59% | -17.89% | - |
| Operating CF Growth % | - | -11.28% | -53.27% | 67.75% | -549.8% | 4.41% | 44.01% | 63.93% | 406.03% |
| Net Income | -131.28M | -177.5M | -169.16M | -407.24M | -796.7M | -971.23M | -653.69M | -346.63M | -121.25M |
| Depreciation & Amortization | 21.31M | 24.68M | 31.36M | 33.31M | 47.77M | 124.1M | 133.4M | 52.2M | 52.2M |
| Stock-Based Compensation | 4.05M | 5.09M | 22.79M | 173.22M | 282.43M | 326.78M | 260.72M | 155.62M | 14.94M |
| Deferred Taxes | 1.16M | 1.37M | 15.62M | 0 | 15.39M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 5.84M | 3.74M | 1.81M | 15.07M | 35.61M | 74.7M | 55.94M | 83.08M | -17.68M |
| Working Capital Changes | -34.79M | -6.16M | -130.46M | 112.1M | -62.4M | -11.16M | -52.16M | -36.53M | -41.92M |
| Change in Receivables | -31.16M | 4.16M | -65.95M | -13.04M | -18.93M | -42.16M | -12.39M | -26.8M | -26.8M |
| Change in Inventory | -489K | -32.25M | -8.12M | -9.44M | -67M | -21.65M | 57.28M | 2.51M | 2.51M |
| Change in Payables | 9.57M | 2.2M | -3.32M | 25.84M | -5.1M | 16.63M | -31.12M | 18.89M | 0 |
| Cash from Investing | -191.08M | 106.09M | -346.66M | -109.31M | 81.7M | -7.46M | -9.3M | -4.41M | -4.88M |
| Capital Expenditures | -23.01M | -24.71M | -45.73M | -79.54M | -213.45M | -62.03M | -8.1M | -5.42M | 0 |
| CapEx % of Revenue | 20.7% | 11.83% | 11.98% | 18.5% | 42.03% | 11.01% | 1.51% | 1.05% | - |
| Acquisitions | -2.37M | 0 | 401K | 3.97M | 2.53M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -557K | 122K | -303K | -3.32M | -1.96M | -11.03M | -1.2M | 1.01M | -4.88M |
| Cash from Financing | 354.17M | 83.39M | 571.74M | 2.17B | -52.9M | -86.24M | -48.83M | -72K | 1.93M |
| Debt Issued (Net) | 11.45M | 82.89M | -81.6M | -20.59M | -44.81M | -2.37M | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 500K | 1000K | 1000K | -1000K | -1000K | -1000K | -72K | -72K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -9.06M | -1.5M | -3.64M | 0 | -4.27M | -71.83M | -6.98M | -72K | -72K |
| Other Financing | 0 | 0 | 0 | 67.96M | -3.82M | -12.03M | -41.85M | 0 | 2M |
| Net Change in Cash | 17.98M▲ 0% | 40.55M▲ 125.5% | 2.91M▼ 92.8% | 1.83B▲ 62682.2% | -486.09M▼ 126.6% | -513.84M▼ 5.7% | -310.05M▲ 39.7% | -93.05M▲ 70.0% | -31.27M▲ 0% |
| Free Cash Flow | -156.72M▲ 0% | -173.5M▼ 10.7% | -273.77M▼ 57.8% | -153.08M▲ 44.1% | -691.33M▼ 351.6% | -518.84M▲ 25.0% | -265.17M▲ 48.9% | -98.24M▲ 63.0% | -37.84M▲ 0% |
| FCF Margin % | -140.97% | -83.06% | -71.73% | -35.61% | -136.13% | -92.12% | -49.34% | -19.04% | -7.02% |
| FCF Growth % | - | -10.71% | -57.8% | 44.08% | -351.61% | 24.95% | 48.89% | 62.95% | 72.06% |
| FCF per Share | -86.64 | -77.53 | -116.58 | -22.30 | -66.34 | -49.93 | -25.90 | -9.54 | -9.54 |
| FCF Conversion (FCF/Net Income) | 1.02x | 0.84x | 1.35x | 0.18x | 0.60x | 0.47x | 0.39x | 0.27x | 0.31x |
| Interest Paid | 0 | 0 | 0 | 0 | 1.52M | 877K | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 1.1M | 98K | 0 | 0 | 0 |
Burning Rock Biotech Limited (BNR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -53.25% | -37.35% | -64.67% | -67.85% | -51.38% | -21.4% |
| Return on Invested Capital (ROIC) | - | - | - | -111.4% | -182.83% | -213.92% | -192.28% | -192.28% |
| Gross Margin | 64.66% | 71.61% | 73.02% | 71.7% | 67.47% | 67.59% | 70.26% | 73.02% |
| Net Margin | -84.98% | -44.1% | -94.73% | -156.87% | -172.44% | -121.63% | -67.2% | -22.48% |
| Debt / Equity | - | - | 0.02x | 0.05x | 0.04x | 0.02x | 0.09x | 0.09x |
| Interest Coverage | -8.99x | -18.81x | -618.30x | -518.92x | - | - | - | - |
| FCF Conversion | 0.84x | 1.35x | 0.18x | 0.60x | 0.47x | 0.39x | 0.27x | 0.31x |
| Revenue Growth | 87.89% | 82.74% | 12.64% | 18.13% | 10.9% | -4.58% | -4.02% | 5.56% |
Burning Rock Biotech Limited (BNR) stock FAQ — growth, dividends, profitability & financials explained
Burning Rock Biotech Limited (BNR) reported $539.3M in revenue for fiscal year 2024. This represents a 385% increase from $111.2M in 2017.
Burning Rock Biotech Limited (BNR) saw revenue decline by 4.0% over the past year.
Burning Rock Biotech Limited (BNR) reported a net loss of $121.3M for fiscal year 2024.
Burning Rock Biotech Limited (BNR) has a return on equity (ROE) of -51.4%. Negative ROE indicates the company is unprofitable.
Burning Rock Biotech Limited (BNR) had negative free cash flow of $37.8M in fiscal year 2024, likely due to heavy capital investments.
Burning Rock Biotech Limited (BNR) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates