688607.SS
Price:
$44.9
Market Cap:
$3.92B
CareRay Digital Medical Technology Co., Ltd. develops and produces digital X-ray flat panel detectors. The company offers wireless, wired, dynamic and breast flat panel, and industrial flat panel detectors, as well as accessories and tablet cases. Its products are used in medical, pet, security, and industrial imaging diagnostic products. The company was founded in 2007 and is headquartered in Suzhou, China.
Industry
Medical - Devices
IPO Date
2021-02-01
Stock Exchange
SHH
Ticker
688607.SS
According to CareRay Digital Medical Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 4.87. This represents a change of -23.20% compared to the average of 6.35 of the last 4 quarters.
The mean historical Current Ratio of CareRay Digital Medical Technology Co., Ltd. over the last ten years is 8.37. The current 4.87 Current Ratio has changed 5.72% with respect to the historical average. Over the past ten years (40 quarters), 688607.SS's Current Ratio was at its highest in in the September 2022 quarter at 19.92. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
8.37
Median
6.86
Minimum
3.99
Maximum
15.80
Discovering the peaks and valleys of CareRay Digital Medical Technology Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 97.29%
Maximum Annual Current Ratio = 15.80
Minimum Annual Increase = -38.43%
Minimum Annual Current Ratio = 3.99
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.84 | -29.70% |
| 2023 | 9.73 | -38.43% |
| 2022 | 15.80 | 16.21% |
| 2021 | 13.59 | 97.29% |
| 2020 | 6.89 | 64.41% |
| 2019 | 4.19 | -29.59% |
| 2018 | 5.95 | 49.11% |
The current Current Ratio of CareRay Digital Medical Technology Co., Ltd. (688607.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
10.79
5-year avg
10.57
10-year avg
8.37
CareRay Digital Medical Technology Co., Ltd.’s Current Ratio is greater than Shanghai General Healthy Information and Technology Co., Ltd. (2.06), less than Beijing Succeeder Technology Inc. (17.24), greater than Guangdong Biolight Meditech Co., Ltd. (1.62), greater than Kontour (Xi'an) Medical Technology Co., Ltd. (4.86), greater than Guiyang Xintian Pharmaceutical Co.,Ltd. (2.17), greater than Guangdong Transtek Medical Electronics Co., Ltd (2.38), greater than ShanXi C&Y Pharmaceutical Group Co., Ltd. (0.92), less than Zhejiang Xinguang Pharmaceutical Co., Ltd. (13.41), less than Guangzhou Jet Bio-Filtration Co., Ltd. (7.86), greater than Jiangsu Sihuan Bioengineering Co., Ltd (4.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.06 | $2.70B | |
| 17.24 | $2.72B | |
| 1.62 | $2.14B | |
| 4.86 | $2.60B | |
| 2.17 | $2.40B | |
| 2.38 | $2.99B | |
| 0.92 | $2.48B | |
| 13.41 | $2.50B | |
| 7.86 | $2.23B | |
| 4.45 | $2.49B |
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