IRay Technology Financials
| 688301 Stock | 102.42 0.08 0.08% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 452.8 M | 719.2 M |
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IRay | Select Account or Indicator |
Understanding current and past IRay Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IRay Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in IRay Technology's assets may result in an increase in income on the income statement.
Please note, the presentation of IRay Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IRay Technology's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IRay Technology's management manipulating its earnings.
IRay Technology Stock Summary
IRay Technology competes with ButOne Information, Westone Information, Guangzhou Ruoyuchen, CITIC Guoan, and AVCON Information. IRay Technology is entity of China. It is traded as Stock on SHG exchange.Specialization | Health Care, Health Care Equipment & Services |
| Instrument | China Stock View All |
| Exchange | Shanghai Stock Exchange |
| ISIN | CNE1000042V8 |
| Business Address | Shanghai Building 45, |
| Sector | Health Care Equipment & Supplies |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Website | www.iraygroup.com |
| Phone | 86 21 5072 0560 |
You should never invest in IRay Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of IRay Stock, because this is throwing your money away. Analyzing the key information contained in IRay Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
IRay Technology Key Financial Ratios
IRay Technology's financial ratios allow both analysts and investors to convert raw data from IRay Technology's financial statements into concise, actionable information that can be used to evaluate the performance of IRay Technology over time and compare it to other companies across industries.| Revenue | 1.86 B | ||||
| Gross Profit | 888.23 M | ||||
| EBITDA | 526.62 M | ||||
| Net Income | 607.5 M | ||||
| Total Asset | 7.51 B |
IRay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IRay Technology's current stock value. Our valuation model uses many indicators to compare IRay Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IRay Technology competition to find correlations between indicators driving IRay Technology's intrinsic value. More Info.iRay Technology Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.34 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for iRay Technology Co is roughly 2.97 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IRay Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IRay Technology's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.iRay Technology Systematic Risk
IRay Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IRay Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on iRay Technology correlated with the market. If Beta is less than 0 IRay Technology generally moves in the opposite direction as compared to the market. If IRay Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iRay Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IRay Technology is generally in the same direction as the market. If Beta > 1 IRay Technology moves generally in the same direction as, but more than the movement of the benchmark.
iRay Technology Co Total Assets Over Time
IRay Technology December 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IRay Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iRay Technology Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of iRay Technology Co based on widely used predictive technical indicators. In general, we focus on analyzing IRay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IRay Technology's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.58 | |||
| Information Ratio | 0.0463 | |||
| Maximum Drawdown | 29.27 | |||
| Value At Risk | (6.23) | |||
| Potential Upside | 9.87 |
Complementary Tools for IRay Stock analysis
When running IRay Technology's price analysis, check to measure IRay Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IRay Technology is operating at the current time. Most of IRay Technology's value examination focuses on studying past and present price action to predict the probability of IRay Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRay Technology's price. Additionally, you may evaluate how the addition of IRay Technology to your portfolios can decrease your overall portfolio volatility.
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