Beijing Airdoc Technology Co. Ltd. Class H

Beijing Airdoc Technology Co. Ltd. Class H

HHKEX:2251
8.60
HKD
-0.70
(-7.53%)
1.12BMarket Cap
Apr 01Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.29
0.46
1.42
1.1
1.97
1.53
1.69
- -
Basic EPS, GAAP
-0.84
-0.77
-1.76
-1.75
-1.28
-2.5
-0.24
- -
Free Cash Flow per Basic Share
-0.59
-0.63
-1.73
-3.81
0.08
-1.64
-0.23
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.54
3.94
17.98
16.09
15.02
12.28
11.98
11.46
Tangible Book Value per Share
-1.54
3.94
17.98
16.02
12.86
10.64
10.44
9.96
Basic Weighted Avg Shares
104
104
81
103
104
102
102
102
Sales/Revenue/Turnover
30
48
115
114
204
156
173
- -
Operating Margin (%)
-171.15
-118.85
-122.22
-206.18
-90.41
-127.06
-16.11
- -
Depreciation Expense
3
5
15
23
32
27
21
- -
Net Income, GAAP
-87
-80
-143
-180
-133
-255
-25
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-286.5
-167.95
-123.83
-158.37
-64.98
-163.37
-14.41
- -
Working Capital
-163
384
1,775
1,611
1,172
772
717
700
LT Debt
- -
- -
3
4
1
- -
3
3
Total Equity
-159
408
1,820
1,671
1,558
1,277
1,222
1,161
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-12.8
-10.33
-8.27
-18.19
-2
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'26
ST Debt
3
32
23
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
103
101
Market Capitalization
1,378
1,197
971

Working Capital

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'26
Total Current Assets
1,018
894
786
Cash, Cash Equivalents & STI
908
775
680
Accounts Receivable, Net
58
46
41
Inventories
28
31
35
Total Current Liabilities
62
122
86
Payables & Accruals
- -
- -
- -
ST Debt
3
32
23
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
61.66%
-4.25%
Free Cash Flow
- -
-415.82%
-85.74%
Net Income, GAAP
- -
16.1%
-90.22%
Sales/Revenue/Turnover
- -
41.44%
10.8%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
156
2025
- -
- -
173
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-2.5
2025
- -
- -
-0.24
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Da Lei Zhang
Full Time Employees
181
Sector
Technology services
Industry
Information technology services
Address
Building 2, A2 Yard Beijing BE China 100089
IPO Date
Nov 5, 2021
Website
airdoc.com
Business
Beijing Airdoc Technology Co., Ltd. (2251.HK) develops and provides AI-empowered retina-based early detection, diagnosis, health risk assessment, and treatment solutions for chronic and ophthalmic diseases; its core products include the Airdoc-AIFUNDUS SaMD series (Versions 1.0, 2.0, and 3.0) for diabetic retinopathy, hypertensive retinopathy, glaucoma, cataracts, pathological myopia, retinal detachment, and other fundus diseases; health risk assessment solutions covering 55 types of lesions and risks such as cardiovascular disease, anemia, dementia, and atrial fibrillation; AI-powered hardware like the AI-FUNDUSCAMERA-P portable fundus cameras, AI-FUNDUSCAMERA-M multimodal scanner, and in-house fundus cameras; myopia prevention products featuring PBM-LED light therapy devices and AI-driven intervention solutions; and visual training AI products with eye-tracking and personalized modules for strabismus, amblyopia, and vision rehabilitation, including all-in-one digital training machines and Vision Box hardware. Founded in 2015 and headquartered in Beijing, China, the company operates primarily in mainland China through subsidiaries and R&D centers in Shanghai, Guangzhou, Shenzhen, Hong Kong, Nanjing, Xi'an, Chengdu, and Wuhan, with expanding international presence in the European Union, Singapore, Thailand, Indonesia, Vietnam, South Africa, Saudi Arabia, the United Arab Emirates, and Malaysia via regulatory approvals for key products. It serves hospitals, primary healthcare institutions, health checkup centers, consumer healthcare settings like insurance firms and pharmacies, optometry centers, and eye health management platforms, targeting clinical departments, chronic disease screening, and pediatric vision care. Recent developments include the 2024 launch and January 2025 NMPA Class II certification of a new portable AI-optimized fundus camera for home and small B-end markets; NMPA approval in December 2024 for the pioneering PBM-LED myopia light therapy device and fundus function updates for AI-FUNDUSCAMERA-M in August 2024; submission of Airdoc-AIFUNDUS 2.0 registration in Q4 2024; a April 2024 partnership enhancing health services; deployment of WanYu Large Language Model-powered AI digital human "ikkie" with iKang; 40 new patents granted in 2024, totaling 270; and growth to 7,883 active service sites with 7.10 million cases served.