Chinese online digital-technology company listed in Hong Kong; specific product line not confirmed with confidence.
Chinese online digital-technology company listed in Hong Kong; specific product line not confirmed with confidence.
Moat: none
Headquarters: China
Size Baige Online Digital Technology (2672.HK) is a Hong Kong Information Technology company (Packaged Software) with a market value of $5.07B, the 251st largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$124.00 on 6 Nov 2026.
Growth Revenue grew 34.3% over the last twelve months (peer median +14.5%); the operating margin is -3.4% (peer median 15.6%).
Valuation It trades at 29.4× enterprise value to sales against a peer median of 4.5× (3rd most expensive of 21).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | HK$1.33B | HK$991M | HK$729M | HK$470M |
| Revenue growth | — | +34% | +36% | +55% | — |
| Gross profit | n/a | HK$109M | HK$87.5M | HK$54.9M | HK$36.9M |
| EBITDA | n/a | -HK$43.0M | -HK$22.0M | -HK$21.4M | -HK$22.2M |
| Net income | n/a | -HK$50.6M | -HK$30.0M | -HK$19.0M | -HK$29.2M |
| Free cash flow | n/a | HK$27.1M | -HK$2.17M | HK$7.29M | -HK$8.53M |
| Capital expenditure | n/a | HK$1.57M | HK$1.22M | HK$1.78M | HK$144,197 |
| Total debt | n/a | HK$128M | HK$103M | HK$63.9M | HK$64.5M |
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 | 2672.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +66.0% | +1.0% | highest of 21 |
| Distance from 52-week high | -4.5% | -28.8% | 2nd highest of 21 |
| Revenue growth (TTM) | +34.3% | +14.5% | 6th highest of 21 |
| Operating margin | -3.4% | 15.6% | 5th lowest of 21 |
| EV / Sales | 29.4× | 4.5× | 3rd most expensive of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Baige Online Digital Technology 2672.HK | Hong Kong | $5.07B | n/a | +34% | -3% | 29.4× | n/a | n/a |
| Sezzle SEZL | United States | $5.05B | +146% | +43% | 40% | 9.5× | 28.8% | +50.3% |
| iSoftStone Information Technology (Group) 301236.SZ | China | $5.13B | -16% | +13% | 0% | 1.0× | n/a | n/a |
| Lumine LMN.V | Canada | $5.14B | +38% | +15% | 21% | 6.3× | 15.6% | +36.8% |
| Mphasis MPHASIS.NS | India | $5.15B | +15% | +14% | 15% | 2.9× | 28.7% | +10.6% |
| Beijing HyperStrong Technology 688411.SS | China | $4.99B | -29% | +38% | 12% | 2.5× | n/a | n/a |
| BlackBerry BB.TO | Canada | $5.16B | +48% | +14% | 16% | 8.2× | 33.6% | -8.6% |
| AutoStore AUTO.OL | Norway | $5.20B | +8% | +17% | 33% | 7.4× | 18.5% | +27.0% |
| 37 Interactive Entertainment Network Technology 002555.SZ | China | $5.29B | -24% | -10% | 14% | 2.1× | 5.0% | +2.1% |
| Asseco Poland ACP.WA | Poland | $4.85B | +31% | +2% | 11% | 1.2× | 4.0% | +6.6% |
| Shanghai Stonehill Technology 002195.SZ | China | $4.77B | -34% | +11% | -25% | 35.3× | n/a | n/a |
| Trend Micro 4704.T | Japan | $5.39B | +18% | +7% | 18% | 2.1× | -4.1% | +9.7% |
| OBIC Business Consultants 4733.T | Japan | $4.74B | +62% | +12% | 47% | 11.4× | 3.2% | +11.9% |
| Yonyou Network Technology 600588.SS | China | $4.72B | -21% | +4% | -16% | 3.7× | n/a | n/a |
| Waystar WAY | United States | $5.45B | +33% | +21% | 24% | 5.2× | 7.5% | +16.0% |
| Kingnet Network 002517.SZ | China | $5.47B | -4% | +62% | 29% | 3.6× | 6.3% | +28.1% |
| Octave Intelligence OCTV | United States | $5.60B | n/a | +1% | 20% | 3.7× | 17.0% | +1.3% |
| Giant Network 002558.SZ | China | $5.61B | -35% | +105% | 48% | 3.7× | -2.1% | +17.9% |
| Beijing DeepZero Technology 2723.HK | Hong Kong | $4.58B | n/a | +31% | 1% | 45.1× | n/a | n/a |
| Varonis Systems VRNS | United States | $5.63B | +71% | +18% | -25% | 7.7× | 23.0% | +16.3% |
| Planet Labs PBC PL | United States | $4.57B | -68% | +44% | -26% | 11.1× | n/a | n/a |