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Mega Genomics Limited (6667) AI Stock Analysis

HK:6667

Mega Genomics Limited

(HKEX:6667)

Select Model
Rating:54Neutral
Price Target:HKD 7.00â–¼(-1.06% Downside)
Action:initiatedcoverage
Date:09/22/26

The score is primarily supported by a strong, low-leverage balance sheet, but is held back by weak latest-year cash flow (negative operating and free cash flow) and reduced profitability versus earlier peak years. Technicals are mildly weak with negative MACD and price slightly below major moving averages, while valuation is a further headwind due to a high P/E despite a moderate dividend yield.

Positive Factors
Conservative balance sheetVery low leverage and a substantial equity base provide financial resilience and flexibility. This structure can help the company withstand operating volatility, fund initiatives without excessive borrowing, and preserve strategic options over the next several quarters.
Negative Factors
Negative latest-year cash flowNegative operating and free cash flow despite accounting profit signals weak recent cash conversion. Persistent outflows could reduce internally available funding, increase reliance on the strong balance sheet, and constrain investment or shareholder-return capacity.

Mega Genomics Limited (6667) vs. iShares MSCI Hong Kong ETF (EWH)

-15%-10%-5%0%5%10%15%20%HK:6667+0.68%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 1.59B
Dividend Yield
2.40%
Average Volume (3M)
65.42K
Price to Earnings (P/E)
50.5
Beta (1Y)
-0.17
Revenue Growth
169.02%
EPS Growth
-24.61%
Country
Hong Kong
Employees
196
Sector
Healthcare
Sector Strength
51
Industry
Medical - Care Facilities

Mega Genomics Limited Business Overview & Revenue Model

Company Description

Mega Genomics Limited, a genetic testing platform company, offers consumer genetic testing and cancer screening services in China. It offers brain health assessment package, a service that assesses the risk of various related diseases, including Alzh...

Mega Genomics Limited Financial Statement Overview

Summary

Balance sheet strength is a key positive (very low leverage and substantial equity), but operating quality is mixed: profitability remains positive with strong recent revenue growth, yet margins have compressed materially and net income fell despite higher sales. The largest drag is cash flow, with both operating cash flow and free cash flow turning negative in the latest year, raising concerns about cash conversion consistency.

Income Statement

66Positive

Balance Sheet

84Very Positive

Cash Flow

45Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2025Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue355.81M164.23M247.15M151.30M145.73M237.19M
Gross Profit120.01M119.35M117.36M88.30M81.72M166.68M
EBITDA43.31M70.03M49.68M52.42M-5.42M116.67M
Net Income24.54M45.05M27.02M30.04M-17.62M79.02M
Balance Sheet
Total Assets829.81M738.48M832.40M796.54M705.70M772.18M
Cash, Cash Equivalents and Short-Term Investments424.49M490.26M435.70M518.29M399.83M239.10M
Total Debt28.52M34.40M29.37M48.56M10.99M11.57M
Total Liabilities224.37M123.80M221.46M151.72M87.70M77.69M
Stockholders Equity605.44M614.68M610.94M644.83M618.00M694.50M
Cash Flow
Free Cash Flow857.74K56.38M-16.68M127.59M-12.10M26.21M
Operating Cash Flow950.88K57.15M-16.52M163.68M-6.91M30.63M
Investing Cash Flow166.68K6.63M-16.88M-33.75M-2.56M-1.71M
Financing Cash Flow-35.93M-91.85M-41.27M-12.91M158.46M2.62M

Mega Genomics Limited Technical Analysis

Technical Analysis SentimentPositive
Last Price7.08

Price Trends

50DMA7.08Negative
100DMA7.06Positive
200DMA7.02Positive

Market Momentum

MACD-0.01Positive
RSI49.36Neutral
STOCH48.67Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6667, the sentiment is Positive. The current price of 7.08 is below the 20-day moving average (MA) of 7.12, below the 50-day MA of 7.08, and above the 200-day MA of 7.02, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 49.36 is Neutral, neither overbought nor oversold. The STOCH value of 48.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6667.

Mega Genomics Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

HK:6667 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:2359HK:235975OutperformHKD 506.60B15.4730.77%1.29%38.26%84.56%
HK:6669HK:666962NeutralHKD 1.64B-27.72-3.50%―9.36%-153.54%
HK:6667HK:666754NeutralHKD 1.59B50.494.04%2.40%169.02%-24.61%
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
HK:9960HK:996051NeutralHKD 931.99M-18.57-1.56%10.61%7.95%60.86%
HK:1931HK:193126UnderperformHKD 575.63M-6.46-2.60%―-2.55%-145.60%

* Healthcare Sector Average

Performance Comparison

-50%0%50%100%HK:6667HK:6669HK:9960HK:1931HK:2359HK:2566Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:6667 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:6667Mega Genomics Limited7.080.050.68%
HK:6669Acotec Scientific Holdings Limited5.22-6.87-56.82%
HK:9960Kindstar Globalgene Technology, Inc.0.90-0.30-25.42%
HK:1931IVD Medical Holding Limited0.35-5.93-94.35%
HK:2359WuXi AppTec Co., Ltd. Class H185.4083.3581.67%
HK:2566Hangzhou Jiuyuan Gene Engineering Co Ltd Class H4.98-3.17-38.87%

Mega Genomics Limited Corporate Events

Mega Genomics Accelerates Revenue Growth as Product Mix Shift Pressures Profit

Aug 31, 2026

Mega Genomics reported strong top-line momentum for the six months ended 30 June 2026, with operating revenue rising 136.8% year-on-year to RMB192.5 million on the back of expanded product categories and an optimized product structure. The interim fi...

Mega Genomics Sets Board Meeting to Approve Interim Results and Consider Dividend

Aug 3, 2026

Mega Genomics Limited has scheduled a board meeting for 31 August 2026 to review and approve the group’s interim results for the six months ended 30 June 2026. The board will also consider the declaration of an interim dividend and address any...

Mega Genomics Revamps Hong Kong Governance Roles and Relocates Principal Office

Jul 27, 2026

Mega Genomics Limited has announced changes to its key corporate governance roles in Hong Kong, including the appointment of a new company secretary, authorised representative and process agent. These positions are central to the company’s comp...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 22, 2026