IRay Technology (China) Today

688301 Stock   102.50  1.38  1.33%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
IRay Technology is trading at 102.50 as of the 18th of December 2024, a 1.33 percent decrease since the beginning of the trading day. The stock's open price was 103.88. IRay Technology has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 29th of December 2022 and ending today, the 18th of December 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
IRay Technology is entity of China. It is traded as Stock on SHG exchange. The company has 143.06 M outstanding shares. More on iRay Technology Co

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IRay Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IRay Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IRay Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman GMTieer Gu
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Health Care, Health Care Equipment & Supplies, Medical Instruments & Supplies, Healthcare (View all Sectors)
IRay Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to IRay Technology's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
IRay Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IRay Technology's financial leverage. It provides some insight into what part of IRay Technology's total assets is financed by creditors.
Liquidity
IRay Technology cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. iRay Technology Co has accumulated 379.75 M in total debt. Debt can assist IRay Technology until it has trouble settling it off, either with new capital or with free cash flow. So, IRay Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like iRay Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IRay to invest in growth at high rates of return. When we think about IRay Technology's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(130.89 Million)
iRay Technology Co (688301) is traded on Shanghai Stock Exchange in China and employs 1,661 people. IRay Technology is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 14.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IRay Technology's market, we take the total number of its shares issued and multiply it by IRay Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. iRay Technology operates under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 143.06 M outstanding shares. IRay Technology generates positive cash flow from operations, but has no cash available
Check IRay Technology Probability Of Bankruptcy
Ownership Allocation
iRay Technology Co has a total of 143.06 Million outstanding shares. IRay Technology retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 61.19 (percent) of IRay Technology outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check IRay Ownership Details

iRay Technology Risk Profiles

Although IRay Technology's alpha and beta are two of the key measurements used to evaluate IRay Technology's performance over the market, the standard measures of volatility play an important role as well.

IRay Stock Against Markets

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IRay Technology Corporate Management

Elected by the shareholders, the IRay Technology's board of directors comprises two types of representatives: IRay Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IRay. The board's role is to monitor IRay Technology's management team and ensure that shareholders' interests are well served. IRay Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IRay Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
Min QiuSecretaryProfile
Guo ZhangDeputy ManagerProfile
Dong ZhaoDeputy ManagerProfile
Kai ZhaoChief OfficerProfile

Other Information on Investing in IRay Stock

IRay Technology financial ratios help investors to determine whether IRay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IRay with respect to the benefits of owning IRay Technology security.