Burning Rock Biotech BNR

NASDAQ BNR
$13.42 +0.17 (+1.28%)
At close: Nov 6, 2026 · 4:00 PM EST

Burning Rock Biotech (BNR) stock price is $13.42, up 1.28% on the day, as of Nov 6, 2026. It has a market cap of $119.41Mn, and is classified in the Diagnostic Labs industry (Healthcare sector).

Key Stats
Market Cap119.41 Mn
P/E-12.20
FCF (Yr)-4.82 Mn
ROA (Yr)-6.64
EV to EBIT14.98
Net Income (Yr)-7.92 Mn
Enterprise Value-140.23 Mn
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About

Burning Rock Biotech Ltd is a leading provider of next-generation sequencing-based cancer therapy selection and early detection products and services in China. The company integrates proprietary technologies with a commercial infrastructure to deliver genomic testing solutions for oncology patients. It operates primarily through central and in-hospital laboratory models to support hospitals and physicians across the country. Burning Rock Biotech Ltd generates revenue…

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Sector: Healthcare Sector rationale The company provides next-generation sequencing-based cancer therapy selection and early detection products, which fall under Diagnostic Equipment and Healthcare Services. Its revenue is derived from selling genomic testing solutions, reagent kits, and clinical trial support to hospitals, physicians, and pharmaceutical companies. Industries: Diagnostic Labs Diagnostic Labs Primary Burning Rock Biotech operates a central laboratory model where it processes tissue and liquid biopsy samples from partner hospitals and issues diagnostic reports. Its primary revenue is derived from providing these next-generation sequencing-based cancer therapy selection and early detection testing services. Diagnostic Equipment Diagnostic Equipment Secondary Through its In-Hospital Model, the company sells turnkey laboratory solutions and recurring reagent kits to hospitals, which constitutes the sale of diagnostic equipment and the consumables required to run them. Contract Research Contract Research Secondary The company generates revenue from collaborations with pharmaceutical companies, such as AstraZeneca and Bayer, specifically for clinical trial support and the development of companion diagnostics. Classified using BQ-MICS CIK: 0001792267

Segments Breakdown of Revenue (2025)

History

Product and Service Breakdown of Revenue (2025)

History
Peer percentiles

How Burning Rock Biotech ranks

Ranked against the 102 companies in Healthcare Providers58 metrics · as of Nov 6, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/ENegative earnings −12.0xMedian 24.8x 32nd
  • P/FCFNegative free cash flow −72.0xMedian 20.9x 31st
  • P/Operating cash flowNegative operating cash flow −72.0xMedian 15.3x 23rd
  • P/S 1.94xMedian 1.60x 41st
  • P/B 1.90xMedian 3.34x 69th
  • P/Tangible book 1.90xMedian 4.43x 77th
  • EV/EBITDA —Median 15.9x No data —
  • EV/EBITNegative EBIT −8.35xMedian 19.2x 16th
  • EV/Revenue 1.09xMedian 1.81x 75th
  • EV/FCFNegative free cash flow −40.4xMedian 26.2x 21st
  • EV/Operating cash flowNegative operating cash flow −40.4xMedian 18.1x 18th
  • PEG (3Y EPS CAGR)Negative earnings −0.22Median 0.88 Not meaningful —
Peer group

Peer Comparison

Companies in the Diagnostic Labs
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 HCA HCA Healthcare, Inc. 106.13 Bn15.661.3550.49 Bn
2 NTRA Natera, Inc. 44.93 Bn-272.7015.450.08 Bn
3 LH Labcorp Holdings Inc. 29.97 Bn29.852.055.85 Bn
4 DGX Quest Diagnostics Inc 28.09 Bn24.882.375.55 Bn
5 THC Tenet Healthcare Corp 22.72 Bn7.841.0313.24 Bn
6 GH Guardant Health, Inc. 20.11 Bn-41.4615.73-
7 BTSG BrightSpring Health Services, Inc. 13.90 Bn33.890.912.18 Bn
8 BNR Burning Rock Biotech Ltd 0.12 Bn-12.201.660.00 Bn