BNR — Stock Film
STOCK FILMSCENE 1/10BNR · $12.08
Stock Expert AI presents
BNR
Burning Rock Biotech Limited
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Burning Rock Biotech Limited. What it actually does.

Develops and provides next-generation sequencing (NGS)-based cancer therapy selection tests. Now — the numbers.

on the stock market since 2020
667 employees
$12.8M market value
WHERE DOES THE MONEY COME FROM?
59%Services
ServicesProducts 41%
59% of all revenue comes from a single line: Services.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$80.6M
The loss that same year:
$8.3M
For every $1 it earns, the company spends $1.1.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

In the vault right now:
$71.9M
DEBT: $6.4M
At this pace, that money lasts about 8.7 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
65
strong

Clearly above the class average — a step short of the very top.

FINANCIAL STRENGTH
16
very weak

Clearly below the class average.

VALUATION
24
very weak

Clearly below the class average.

GROWTH
78
strong

This grade is a blend: the profit side is strong, the sales tempo slow.

PRICE MOMENTUM
42
weak

Clearly below the class average.

WORTH WATCHING

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 93% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/3
The product is selling

Sales run at $80.6M a year. A small number, but proof the product has real buyers.

2
THE BRIGHT SIDE · 2/3
Delivers on expectations

It met or beat analyst expectations in 8 of the last 8 quarters — consistency is a promise kept.

3
THE BRIGHT SIDE · 3/3
Executives are buying their own stock

Over the last 12 months, company executives reported 1 buy and 0 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
Running at a loss

A loss of $8.3M against $80.6M in annual sales.

2
THE RISKS · 2/3
A thin financial cushion

The balance sheet offers little cushion against a rough stretch. Report-card grade: 16/100.

3
THE RISKS · 3/3
The price runs ahead of the earnings

Today’s price already includes part of tomorrow’s optimism. Report-card grade: 24/100.

FINALE · THE GRADE
F
23 / 100 · MoonshotScore

On our five-subject report card, BNR sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: BNR is a high-risk stock — not yet profitable, and its future rides on its product catching on.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film