Hangzhou-based biotechnology company likely focused on molecular diagnostics or genetic testing; specific business not confirmed with confidence.
Hangzhou-based biotechnology company likely focused on molecular diagnostics or genetic testing; specific business not confirmed with confidence.
Moat: none
Headquarters: Hangzhou, China · Employees: 166
Size Hangzhou Diagens Biotechnology (2526.HK) is a Hong Kong Information Technology company (Packaged Software) with a market value of $1.13B, the 570th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$99.85 on 6 Nov 2026.
Performance Over six months the shares fell 68.3%, against -5.3% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 20 in its peer set.
Growth Revenue grew 133.8% over the last twelve months (peer median +10.7%); the operating margin is -49.0% (peer median 2.9%).
Valuation It trades at 45.9× enterprise value to sales against a peer median of 3.7× (most expensive of 21).
Capital Return on invested capital runs 50.5 points below its cost of capital (14.7% WACC).
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | n/a | HK$178M | HK$76.3M | HK$58.4M |
| Revenue growth | — | +134% | +31% | — |
| Gross profit | n/a | HK$128M | HK$49.9M | HK$41.4M |
| EBITDA | n/a | -HK$75.4M | -HK$20.0M | -HK$40.5M |
| Net income | n/a | -HK$72.8M | -HK$47.0M | -HK$62.0M |
| Free cash flow | n/a | -HK$62.3M | -HK$57.4M | -HK$79.4M |
| Capital expenditure | n/a | HK$8.27M | HK$27.4M | HK$26.8M |
| Total debt | n/a | HK$6.59M | HK$20.4M | HK$315M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2526.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -58.4% | -5.2% | lowest of 21 |
| 6-month return | -68.3% | -5.3% | lowest of 20 |
| Distance from 52-week high | -87.0% | -34.6% | lowest of 21 |
| Revenue growth (TTM) | +133.8% | +10.7% | highest of 21 |
| Operating margin | -49.0% | 2.9% | 3rd lowest of 21 |
| EV / Sales | 45.9× | 3.7× | most expensive of 21 |
| ROIC minus cost of capital | -50.5 pp | -5.5 pp | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hangzhou Diagens Biotechnology 2526.HK | Hong Kong | $1.13B | -68% | +134% | -49% | 45.9× | n/a | n/a |
| Riskified RSKD | United States | $1.13B | +78% | +10% | -4% | 2.5× | 12.6% | +15.3% |
| Red Violet RDVT | United States | $1.12B | +41% | +20% | 18% | 10.9× | 39.4% | +21.1% |
| Shanghai Yaoji Technology 002605.SZ | China | $1.14B | -11% | -3% | 20% | 3.1× | 6.4% | +1.0% |
| 74Software 74SW.PA | France | $1.11B | -5% | +11% | 14% | 1.7× | -1.7% | +18.9% |
| Shenzhen Sunline Tech 300348.SZ | China | $1.10B | -22% | +19% | -1% | 3.4× | n/a | n/a |
| Merit Interactive 300766.SZ | China | $1.17B | -30% | +30% | -2% | 12.4× | n/a | n/a |
| Chinasoft International 0354.HK | Hong Kong | $1.18B | 0% | +3% | 2% | 0.6× | 17.8% | +3.1% |
| Tansun Technology 300872.SZ | China | $1.08B | -11% | -10% | -12% | 4.5× | n/a | n/a |
| Bingo Software 688227.SS | China | $1.08B | -56% | -7% | -11% | 14.3× | n/a | n/a |
| Blackbuck BLACKBUCK.NS | India | $1.08B | -1% | +50% | 14% | 11.5× | 34.8% | +54.8% |
| ICkey (Shanghai) Internet & Technology 301563.SZ | China | $1.19B | -26% | +26% | 4% | 2.6× | n/a | n/a |
| Beijing Zhongke WengeAI Science and Technology 1956.HK | Hong Kong | $1.19B | n/a | +28% | -54% | 18.7× | n/a | n/a |
| BigBear.ai BBAI | United States | $1.07B | -47% | -1% | -66% | 5.7× | n/a | n/a |
| Bravura Solutions BVS.AX | Australia | $1.06B | +50% | -10% | 25% | 5.2× | 4.1% | +3.1% |
| PATEO CONNECT Technology (Shanghai) 2889.HK | Hong Kong | $1.05B | -65% | +72% | -24% | 1.9× | n/a | n/a |
| Modern Times Group MTG MTG-A.ST | Sweden | $1.22B | +16% | +42% | 11% | 1.3× | -8.4% | +23.7% |
| Vitec Software VIT-B.ST | Sweden | $1.22B | +18% | +6% | 21% | 4.0× | 3.8% | +22.6% |
| Sichuan Xun You Network Technology 300467.SZ | China | $1.05B | -22% | +2% | 1% | 21.8× | n/a | n/a |
| InnovAge INNV | United States | $1.22B | +18% | +15% | 8% | 1.2× | -6.7% | +9.2% |
| Cyient CYIENT.NS | India | $1.23B | +24% | +10% | 9% | 1.6× | 20.3% | +12.0% |