CareRay Digital (China) Today
| 688607 Stock | 15.84 0.11 0.69% |
PerformanceInsignificant
| Odds Of DistressLow
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CareRay Digital is trading at 15.84 as of the 26th of February 2025, a 0.69 percent decrease since the beginning of the trading day. The stock's open price was 15.95. CareRay Digital has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
Business Domain Health Care Equipment & Services | Category Healthcare | Classification Health Care |
CareRay Digital is entity of China. It is traded as Stock on SHG exchange. The company has 88.13 M outstanding shares. More on CareRay Digital Medical
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CareRay 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. CareRay Digital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CareRay Digital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Chairman | Jianqiang Liu | ||||
| Thematic Idea | Drugs (View all Themes) | ||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Drugs, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors) | ||||
CareRay Digital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CareRay Digital'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 LevelsCareRay Digital 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 CareRay Digital's financial leverage. It provides some insight into what part of CareRay Digital's total assets is financed by creditors.
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CareRay Digital Medical (688607) is traded on Shanghai Stock Exchange in China and employs 252 people. CareRay Digital is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CareRay Digital's market, we take the total number of its shares issued and multiply it by CareRay Digital'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. CareRay Digital Medical operates under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 88.13 M outstanding shares.
CareRay Digital generates positive cash flow from operations, but has no cash available
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Ownership AllocationCareRay Digital holds a total of 88.13 Million outstanding shares. CareRay Digital Medical retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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CareRay Digital Medical Risk Profiles
Although CareRay Digital's alpha and beta are two of the key measurements used to evaluate CareRay Digital's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.75 | |||
| Semi Deviation | 2.85 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.43 |
CareRay Stock Against Markets
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CareRay Digital Corporate Executives
Elected by the shareholders, the CareRay Digital's board of directors comprises two types of representatives: CareRay Digital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CareRay. The board's role is to monitor CareRay Digital's management team and ensure that shareholders' interests are well served. CareRay Digital'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, CareRay Digital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ping Zhang | Secretary CFO | Profile |
Other Information on Investing in CareRay Stock
CareRay Digital financial ratios help investors to determine whether CareRay 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 CareRay with respect to the benefits of owning CareRay Digital security.