Delisting riskPopularity #4,702
BNR · NASDAQ · Medical - Diagnostics & Research

Burning Rock Biotech (ADR) (BNR)

NGS oncology testing, hospital workflows, and biopharma development services.

$16.48
vs last close+0.03 (+0.18%)
Loading prices…

Burning Rock Biotech LimitedBNR
Health Care

Sells NGS-based oncology tests, hospital testing products and support, and development and testing services to pharmaceutical customers. Revenue spans a central laboratory, hospital-based testing operations, and pharma R&D services, while early-detection technology remains in clinical validation.

Combines NGS-based cancer therapy-selection and prognosis testing with minimal-residual-disease monitoring, early-detection research, and assay-development services for pharmaceutical customers. OncoScreen and OncoCompass guide treatment selection from tissue and liquid-biopsy samples; CanCatch supports recurrence monitoring. OverC, the multi-cancer early-detection program, remains in clinical validation rather than an established commercial line.

Monetizes completed tests through a central laboratory, products and workflow support through hospital laboratories, and contracted development and testing work for biopharma customers. Operations and commercial activity are centered in China, with a move toward in-hospital testing and pharma R&D services. Adoption depends on physician ordering, hospital workflow uptake, applicable diagnostic approvals, affordability, reimbursement, and pharma project timing.

Company facts

CEOYusheng Han
ListedJun 12, 2020
ExchangeNASDAQ
HeadquartersGuangzhou, China
CountryChina
Employees667
CIK0001792267
ISINUS12233L2060

Market cap$17.4M
EPS (ttm)−$9.60
P/E (ttm)−1.71
ROE-13.0%
P/B0.2342
P/S0.2325
Dividend yieldDiv yield
Beta1.95vs XLV 0.62

No analyst consensus on record.

Next report
Nov 17, 26
in 55 days
EPS estimate
−$2.29
Revenue estimate
$19.2M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25Jun '25Sep '25Nov '25Mar '26Jun '26Sep '26Nov '26
Reported−$1.08−$0.17−$0.15−$0.26−$0.21−$0.20−$0.20Pending
Estimate−$1.82−$1.52−$1.49−$1.41−$1.40−$2.29−$2.29−$2.29
Surprise+40.6%+88.8%+89.9%+81.6%+85.0%+91.3%+91.3%

RevenueReportedEstimate

Mar '25Jun '25Sep '25Nov '25Mar '26Jun '26Sep '26Nov '26
Reported$17.1M$19.7M$18.6M$18.3M$18.1M$15.7M$19.9MPending
Estimate$29.7M$18.5M$19.2M$19.2M$19.2M
Surprise−42.6%+0.9%−18.3%+3.5%
Estimate−$2.29
ReportedDue Nov 17, 2026
Estimate$19.2M
ReportedDue Nov 17, 2026
View details

Debt to equity9.10%
Current ratio302.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$19.2M$18.8M$19.8M$22.1M$19.6M$18.8M$16.1M$20.1M
Net income−$5.3M−$12.1M−$2.0M−$1.4M−$2.5M−$2.3M−$2.6M−$2.7M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$5.8M−$12.2M−$2.3M−$1.7M−$2.4M−$1.8M−$2.8M−$2.7M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $62.5M · Total debt $6.7M · Total assets $111.9M · Shareholders' equity $74.1M

Revenue
$20.1M
Operating income
−$2.7M
Net income
−$2.7M

Reported in CNY, converted at the latest exchange rate

View details

No dividends on record.

Institutions164.25%1.74M ADS
17 holders · as of Jun 30, 2026
Adds to164.25%

1.06M ADS as of Aug 25, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

These groups come from separate filings that can overlap, so they add to 164.25%; nothing is left for Other.

This company has 3 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Kynam Capital Management, LPInstitution
117.18%1.24M A ADSas of Jun 30, 2026
CRCM LPInstitution
20.06%211,997 A ADSas of Jun 30, 2026
Renaissance Technologies LLCInstitution
5.00%52,838 A ADSas of Jun 30, 2026
Morgan StanleyInstitution
4.12%43,594 A ADSas of Jun 30, 2026
Nikko Asset Management Americas, Inc.Institution
2.81%29,724 A ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 11, 2026Yusheng Handirector+24,760$8.74
Jun 12, 2026Yusheng Handirector+210,000$9.25
Jun 16, 2026Yusheng Handirector+111,110$9.00
Jun 22, 2026Yusheng Handirector+104,650$7.45
Jun 23, 2026Yusheng Handirector+5,990$7.50
View details

  • Guardant Health

    Liquid-biopsy profiling and companion diagnostics for advanced cancer.

  • Caris Life Sciences

    Broad tissue and blood molecular profiling, MRD, and early detection.

  • Tempus AI

    Oncology genomic diagnostics combined with hospital and pharma data tools.

  • NeoGenomics

    Oncology reference-lab testing with molecular profiling and pharma services.

  • Natera

    Tumor-informed ctDNA monitoring for MRD and cancer recurrence.

Compare

CompanyPriceChange
Burning Rock Biotech (ADR)$16.48+0.18%$17.4M0.2+6.6%
Guardant Health$177.98+0.46%$23.77B20.1+44.3%
Caris Life Sciences$32.49+3.23%$8.90B87.9129.09.0+45.4%
Tempus AI$77.22+0.04%$13.52B9.4+21.6%
NeoGenomics$18.79−0.53%$485.4M67.60.6+11.2%
Natera$388.06−0.73%$55.98B20.7+37.7%
Median87.998.39.4+37.7%