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Operator of Qichacha, a Chinese corporate-registration and business-credit information database used for due diligence and risk screening.
Operator of Qichacha, a Chinese corporate-registration and business-credit information database used for due diligence and risk screening.
Sells subscriptions to its database and tools, with individuals and small firms paying for membership tiers and banks and large companies paying for data feeds (APIs) and custom risk-screening tools. Revenue recurs when subscribers renew.
In one line: China's Dun & Bradstreet / corporate-registry data platform.
Moat: narrow (data, network effects, brand). A large, continuously updated proprietary database of Chinese corporate registry and credit information used widely for due diligence.
Headquarters: Beijing, China · Founded: 2014 · Employees: 721
Size Beijing Haizhi Technology (2706.HK) is a Hong Kong Information Technology company (Packaged Software) with a market value of $1.75B, the 448th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$33.94 on 6 Nov 2026.
Performance Over six months the shares fell 31.2%, against -22.4% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 23.5% over the last twelve months (peer median +18.6%); the operating margin is -9.5% (peer median 9.2%).
Valuation It trades at 208.5× forward earnings against a peer median of 32.4× (most expensive of 17).
Capital Return on invested capital runs 24.9 points below its cost of capital (5.3% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | HK$674M | HK$546M | HK$415M | HK$364M |
| Revenue growth | — | +23% | +31% | +14% | — |
| Gross profit | n/a | HK$292M | HK$198M | HK$146M | HK$113M |
| EBITDA | n/a | -HK$58.6M | HK$2.00M | -HK$220M | -HK$204M |
| Net income | n/a | -HK$223M | -HK$102M | -HK$294M | -HK$204M |
| Free cash flow | n/a | -HK$68.7M | -HK$42.6M | -HK$157M | -HK$188M |
| Capital expenditure | n/a | HK$6.08M | HK$1.64M | HK$629,849 | HK$1.99M |
| Total debt | n/a | HK$13.2M | HK$8.68M | HK$18.2M | HK$1.46M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Beijing Haizhi Technology 2706.HK | $1.75B | -31% | +23% | -9% | 208.5× | n/a |
| DNB Bank DNB.OL | $50.0B | +16% | -8% | 54% | 12.0× | n/a |
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 | 2706.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.2% | +5.0% | 5th lowest of 21 |
| 6-month return | -31.2% | -22.4% | 7th lowest of 20 |
| Distance from 52-week high | -79.0% | -37.4% | lowest of 21 |
| Revenue growth (TTM) | +23.5% | +18.6% | 7th highest of 21 |
| Operating margin | -9.5% | 9.2% | 5th lowest of 21 |
| Forward P/E | 208.5× | 32.4× | most expensive of 17 |
| ROIC minus cost of capital | -24.9 pp | +2.1 pp | 3rd lowest of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing Haizhi Technology 2706.HK | Hong Kong | $1.75B | -31% | +23% | -9% | 208.5× | n/a | n/a |
| Wuhan Dameng Database 688692.SS | China | $1.75B | -28% | +28% | 28% | 33.4× | 12.7% | +23.2% |
| Sinosoft 603927.SS | China | $1.77B | -14% | -24% | 2% | 44.3× | 23.0% | +0.9% |
| Progress Software PRGS | United States | $1.78B | +46% | +6% | 19% | 6.7× | 1.8% | +17.2% |
| freee K.K 4478.T | Japan | $1.72B | +100% | +28% | 3% | 79.1× | n/a | n/a |
| Nayax NYAX | United States | $1.78B | -34% | +28% | 5% | 59.1× | 26.9% | +38.7% |
| Shadowfax Technologies SHADOWFAX.NS | India | $1.79B | +70% | +69% | 10% | 60.0× | 47.0% | +43.7% |
| TRS Information Technology 300229.SZ | China | $1.71B | -27% | -23% | -76% | n/a | n/a | n/a |
| Adeia ADEA | United States | $1.71B | -47% | +22% | 44% | 11.8× | 2.7% | -13.0% |
| Hacksaw HACK.ST | Sweden | $1.71B | -22% | +21% | 82% | 8.1× | -10.2% | +85.9% |
| Hangzhou Shunwang Technology 300113.SZ | China | $1.70B | -32% | -36% | 26% | 27.1× | 26.2% | +11.0% |
| Lyntris LYNX | United States | $1.69B | n/a | +16% | 9% | n/a | n/a | n/a |
| Kfin Technologies KFINTECH.NS | India | $1.67B | -1% | +27% | 32% | 40.6× | n/a | n/a |
| Sansan 4443.T | Japan | $1.67B | +65% | +22% | 18% | 27.4× | 20.3% | +27.1% |
| Certara CERT | United States | $1.84B | +91% | +1% | 5% | 31.4× | 40.7% | +11.5% |
| C3.ai AI | United States | $1.84B | +18% | -38% | -198% | n/a | n/a | n/a |
| Wealthfront WLTH | United States | $1.66B | -7% | +18% | -41% | 26.7× | -4.2% | n/a |
| SoundHound AI SOUN | United States | $1.85B | -54% | +55% | -96% | n/a | n/a | n/a |
| Hydsoft Technology 301316.SZ | China | $1.86B | -41% | +19% | 3% | 158.4× | 46.1% | +26.7% |
| eToro ETOR | United States | $1.86B | -40% | +10% | 32% | 11.0× | -18.5% | +15.4% |
| ArcSoft 688088.SS | China | $1.87B | -26% | +10% | 12% | 49.1× | 41.3% | +6.2% |