Burning Rock Biotechltd Stock Net Asset
| BNR Stock | USD 0.81 0.05 6.18% |
Burning Rock BiotechLtd fundamentals help investors to digest information that contributes to Burning Rock's financial success or failures. It also enables traders to predict the movement of Burning Stock. The fundamental analysis module provides a way to measure Burning Rock's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Burning Rock stock.
Burning | Net Asset |
Burning Rock BiotechLtd Company Net Asset Analysis
Burning Rock's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Burning Rock Net Asset | 1.04 B |
Most of Burning Rock's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Burning Rock BiotechLtd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Burning Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Burning Rock is extremely important. It helps to project a fair market value of Burning Stock properly, considering its historical fundamentals such as Net Asset. Since Burning Rock's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Burning Rock's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Burning Rock's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Burning Total Assets
Total Assets |
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Based on the recorded statements, Burning Rock BiotechLtd has a Net Asset of 1.04 B. This is much higher than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The net asset for all United States stocks is notably lower than that of the firm.
Burning Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Burning Rock's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Burning Rock could also be used in its relative valuation, which is a method of valuing Burning Rock by comparing valuation metrics of similar companies.Burning Rock is currently under evaluation in net asset category among related companies.
Burning Rock Current Valuation Drivers
We derive many important indicators used in calculating different scores of Burning Rock from analyzing Burning Rock's financial statements. These drivers represent accounts that assess Burning Rock's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Burning Rock's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 14.9B | 10.3B | 6.3B | 1.6B | 675.9M | 642.1M | |
| Enterprise Value | 14.9B | 8.5B | 5.0B | 757.8M | 73.1M | 69.4M |
Burning Rock Institutional Holders
Institutional Holdings refers to the ownership stake in Burning Rock that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Burning Rock's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Burning Rock's value.| Shares | Lansdowne Partners Limited Partnership | 2023-12-31 | 67.6 K | State Street Corporation | 2023-12-31 | 67 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 49 K | Geode Capital Management, Llc | 2023-12-31 | 25.6 K | D. E. Shaw & Co Lp | 2023-09-30 | 20.3 K | Xtx Topco Ltd | 2023-12-31 | 11 K | Rhumbline Advisers | 2023-12-31 | 5.8 K | Shen Neil Nanpeng | 2023-09-30 | 885 | Ronald Blue Trust, Inc. | 2023-12-31 | 664 | Kynam Capital Management, Lp | 2023-12-31 | 8.7 M | Massachusetts Financial Services Company | 2023-12-31 | 4 M |
Burning Fundamentals
| Return On Equity | -0.68 | ||||
| Return On Asset | -0.32 | ||||
| Profit Margin | (1.22) % | ||||
| Operating Margin | (1.37) % | ||||
| Current Valuation | (525.09 M) | ||||
| Shares Outstanding | 102.59 M | ||||
| Shares Owned By Insiders | 0.12 % | ||||
| Shares Owned By Institutions | 61.03 % | ||||
| Number Of Shares Shorted | 397.91 K | ||||
| Price To Book | 0.65 X | ||||
| Price To Sales | 0.15 X | ||||
| Revenue | 537.43 M | ||||
| Gross Profit | 380.04 M | ||||
| EBITDA | (517.48 M) | ||||
| Net Income | (653.69 M) | ||||
| Cash And Equivalents | 1.15 B | ||||
| Cash Per Share | 10.95 X | ||||
| Total Debt | 12.32 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 4.07 X | ||||
| Book Value Per Share | 7.50 X | ||||
| Cash Flow From Operations | (255.78 M) | ||||
| Short Ratio | 14.61 X | ||||
| Earnings Per Share | (0.88) X | ||||
| Price To Earnings To Growth | (2.79) X | ||||
| Target Price | 3.95 | ||||
| Beta | 0.23 | ||||
| Market Capitalization | 77.82 M | ||||
| Total Asset | 1.04 B | ||||
| Retained Earnings | (3.85 B) | ||||
| Working Capital | 620.73 M | ||||
| Net Asset | 1.04 B |
About Burning Rock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Burning Rock BiotechLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Burning Rock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Burning Rock BiotechLtd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Burning Rock
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Burning Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Burning Rock will appreciate offsetting losses from the drop in the long position's value.Moving against Burning Stock
| 0.7 | GLUE | Monte Rosa Therapeutics Earnings Call This Week | PairCorr |
| 0.67 | GBIO | Generation BioCo Financial Report 8th of May 2024 | PairCorr |
| 0.67 | LYRA | Lyra TherapeuticsInc Financial Report 10th of May 2024 | PairCorr |
| 0.55 | LLY | Eli Lilly Earnings Call This Week | PairCorr |
| 0.49 | KRON | Kronos BioInc Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Burning Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burning Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Burning Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Burning Rock BiotechLtd to buy it.
The correlation of Burning Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Burning Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burning Rock BiotechLtd moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Burning Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Burning Rock Piotroski F Score and Burning Rock Altman Z Score analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Burning Stock analysis
When running Burning Rock's price analysis, check to measure Burning Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Burning Rock is operating at the current time. Most of Burning Rock's value examination focuses on studying past and present price action to predict the probability of Burning Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burning Rock's price. Additionally, you may evaluate how the addition of Burning Rock to your portfolios can decrease your overall portfolio volatility.
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Is Burning Rock's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Burning Rock. If investors know Burning will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Burning Rock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 6.317 | Quarterly Revenue Growth (0.15) | Return On Assets (0.32) | Return On Equity (0.68) |
The market value of Burning Rock BiotechLtd is measured differently than its book value, which is the value of Burning that is recorded on the company's balance sheet. Investors also form their own opinion of Burning Rock's value that differs from its market value or its book value, called intrinsic value, which is Burning Rock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Burning Rock's market value can be influenced by many factors that don't directly affect Burning Rock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Burning Rock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Burning Rock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Burning Rock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.