BGIN Technology

Bgin Blockchain Limited

$1.76-0.84%

Price as of close on Nov 3, 2026 · Financials updated Nov 1, 2026

Basics

Sector: Technology
Industry: Computer Hardware
Country: Singapore
Market cap: 199.7M USD
Enterprise value: 170.4M USD
Full-time employees: 88

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
About average: growth and risk (debt, liquidity and share-price swings)growth and risk

Ranks #1,321 of 1,612 technology companies (bottom 19%)

See how it ranks against its peers

Worth knowing

Not profitable yet. Reported a loss in the 12 months to December 2025.
Bgin Blockchain reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
Financials may be out of date. Latest financial period ended 10 months ago.
The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.
Revenue is falling. Revenue fell 78% in the 12 months to December 2025 vs the 12 months before.
Bgin Blockchain's revenue fell 78% in the 12 months to December 2025 vs the 12 months before.

StockQuotient Score

32/ 100

Oct 5 32 → Nov 4 32

Valuation

Is the price right?

10/100

Weak

3/3 inputs reported · High confidence

Why

Weaker than most peers on:

▼ Earnings yield
▼ EBITDA yield
▼ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-88.6%

SEC filings · 12 months to Dec 2025Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0225 · MAD: 0.0225

EBITDA yield-59.0%

Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.17Sector median: 0.0423 · MAD: 0.0361

Free cash flow yield-85.7%

SEC filings · 12 months to Dec 2025 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.00Sector median: 0.0274 · MAD: 0.0274

Other data (not scored)

Book yield27.3%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.3292 · MAD: 0.1754

Growth

Is it growing?

54/100

Moderate▼ 1 since Oct 27 close

2/3 inputs reported · Partial data

Why it changed since the Oct 27, 2026 close: Score 55 → 54

Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Mixed versus peers:

▲ 3-yr revenue
▼ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growthUnavailable

Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.1108 · MAD: 0.3050

3-year revenue growth64.8%

Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score 3.42Sector median: 0.0483 · MAD: 0.0793

Revenue growth-77.7%

SEC filings · 12 months to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score -3.04Sector median: 0.0853 · MAD: 0.1017

Profitability

Does it earn well?

1/100

Weak

3/3 inputs reported · High confidence

Why

Weaker than most peers on:

▼ Operating margin
▼ ROA
▼ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin-261.3%

SEC filings · 12 months to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score -7.12Sector median: 0.0631 · MAD: 0.0710

Return on assets-190.6%

SEC filings · 12 months to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score -3.92Sector median: 0.0293 · MAD: 0.0362

Return on invested capital-493.2%

SEC filings · 12 months to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score -4.27Sector median: 0.0676 · MAD: 0.0857

Other data (not scored)

Gross margin-112.2%

SEC filings · 12 months to Dec 2025Outlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.3343 · MAD: 0.1632

Return on equity-324.7%

SEC filings · 12 months to Dec 2025Outlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.0753 · MAD: 0.0889

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

2/3 inputs reported · Partial data

Why

Helped by:

▲ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

BetaUnavailable

Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.8710 · MAD: 0.3700

Current ratio1.68×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.22Sector median: 1.8295 · MAD: 0.6848

Debt / equity0.07×

Yahoo Finance fallback · no standard SEC debt tagReported value33% base weight · Z-score 0.80Sector median: 0.2495 · MAD: 0.2270

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Bgin Blockchain

Is Bgin Blockchain getting weaker?: A comparison of its latest SEC filing with the previous one isn't available yet. Its overall score is unchanged at 32/100 since Oct 28, 2026.
How is Bgin Blockchain valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 10/100 against 1,711 technology peers. Earnings yield -88.6% vs a peer median of 2.2% (weaker than 100% of peers).Earnings yield -88.6% vs peers 2.2% (weaker than 100% of peers).
Is Bgin Blockchain growing?: At about the same pace as its peers. Growth scores 54/100 against 1,711 technology peers. 3-year revenue growth 64.8% vs a peer median of 4.8% (stronger than 95% of peers).3-year revenue growth 64.8% vs peers 4.8% (stronger than 95% of peers). Revenue growth -77.7% vs a peer median of 8.5% (weaker than 100% of peers).Revenue growth -77.7% vs peers 8.5% (weaker than 100% of peers).
How profitable is Bgin Blockchain?: Less profitable than most of its peers. Profitability scores 1/100 against 1,711 technology peers. Operating margin -261.3% vs a peer median of 6.3% (weaker than 100% of peers).Operating margin -261.3% vs peers 6.3% (weaker than 100% of peers).
How risky is Bgin Blockchain?: Moderate risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Debt / equity 0.07× vs a peer median of 0.25× (stronger than 73% of peers).Debt / equity 0.07× vs peers 0.25× (stronger than 73% of peers). A relative measure, not a bankruptcy probability.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2023	FY 2024	FY 2025	Change
Gross margin	77.4%	42.2%	-112.2%	▼ 154 pts
Operating margin	67.5%	27.0%	-261.3%	▼ 288 pts
Net margin	54.3%	21.9%	-262.6%	▼ 284 pts
Return on assets (ROA)	—	24.4%	-190.6%	▼ 215 pts
Return on equity (ROE)	93.8%	31.5%	-324.7%	▼ 356 pts
Free cash flow margin	-14.8%	-70.2%	-253.8%	▼ 184 pts
Current ratio	—	3.21×	1.68×	▼ 48%
Quick ratio	—	3.01×	1.47×	▼ 51%

BGIN price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

About average: growth and risk (debt, liquidity and share-price swings)growth and risk

Ranks #1,321 of 1,612 technology companies (bottom 19%)

See how it ranks against its peers

Worth knowing

Not profitable yet. Reported a loss in the 12 months to December 2025.

Bgin Blockchain reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.

Financials may be out of date. Latest financial period ended 10 months ago.

The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.

Revenue is falling. Revenue fell 78% in the 12 months to December 2025 vs the 12 months before.

Bgin Blockchain's revenue fell 78% in the 12 months to December 2025 vs the 12 months before.

Questions investors ask about Bgin Blockchain

Is Bgin Blockchain getting weaker?

A comparison of its latest SEC filing with the previous one isn't available yet. Its overall score is unchanged at 32/100 since Oct 28, 2026.

How is Bgin Blockchain valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 10/100 against 1,711 technology peers. Earnings yield -88.6% vs a peer median of 2.2% (weaker than 100% of peers).Earnings yield -88.6% vs peers 2.2% (weaker than 100% of peers).

Is Bgin Blockchain growing?

At about the same pace as its peers. Growth scores 54/100 against 1,711 technology peers. 3-year revenue growth 64.8% vs a peer median of 4.8% (stronger than 95% of peers).3-year revenue growth 64.8% vs peers 4.8% (stronger than 95% of peers). Revenue growth -77.7% vs a peer median of 8.5% (weaker than 100% of peers).Revenue growth -77.7% vs peers 8.5% (weaker than 100% of peers).

How profitable is Bgin Blockchain?

Less profitable than most of its peers. Profitability scores 1/100 against 1,711 technology peers. Operating margin -261.3% vs a peer median of 6.3% (weaker than 100% of peers).Operating margin -261.3% vs peers 6.3% (weaker than 100% of peers).

How risky is Bgin Blockchain?

Moderate risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Debt / equity 0.07× vs a peer median of 0.25× (stronger than 73% of peers).Debt / equity 0.07× vs peers 0.25× (stronger than 73% of peers). A relative measure, not a bankruptcy probability.

Key ratios

FY 2023

FY 2024

FY 2025

Change

Gross margin

77.4%

42.2%

-112.2%

▼ 154 pts

Operating margin

67.5%

27.0%

-261.3%

▼ 288 pts

Net margin

54.3%

21.9%

-262.6%

▼ 284 pts

Return on assets (ROA)

—

24.4%

-190.6%

▼ 215 pts

Return on equity (ROE)

93.8%

31.5%

-324.7%

▼ 356 pts

Free cash flow margin

-14.8%

-70.2%

-253.8%

▼ 184 pts

Current ratio

—

3.21×

1.68×

▼ 48%

Quick ratio

—

3.01×

1.47×

▼ 51%