CareRay Digital Medical Technology Co., Ltd.

CareRay Digital Medical Technology Co., Ltd.verified

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

The Current Ratio as of December 2025 (TTM) for CareRay Digital Medical Technology Co., Ltd. (688607.SS) is 4.87

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.

CareRay Digital Medical Technology Co., Ltd. (688607.SS) Historical Current Ratio (quarterly & annually)

How has 688607.SS Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

8.37

Median

6.86

Minimum

3.99

Maximum

15.80

CareRay Digital Medical Technology Co., Ltd. (688607.SS) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20246.84-29.70%
20239.73-38.43%
202215.8016.21%
202113.5997.29%
20206.8964.41%
20194.19-29.59%
20185.9549.11%

CareRay Digital Medical Technology Co., Ltd. (688607.SS) Average Current Ratio

How has 688607.SS Current Ratio performed in the past?

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. (688607.SS) Current Ratio vs. Peers

How is 688607.SS’s Current Ratio compared to its peers?

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),

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