iRay Group Future Growth

Future criteria checks 5/6

iRay Group is forecast to grow earnings and revenue by 27.8% and 23.6% per annum respectively. EPS is expected to grow by 26.6% per annum. Return on equity is forecast to be 16.1% in 3 years.

Key information

27.8%

Earnings growth rate

26.6%

EPS growth rate

Medical Equipment earnings growth25.1%
Revenue growth rate23.6%
Future return on equity16.1%
Analyst coverage

Good

Last updated13 Feb 2025

Recent future growth updates

iRay Technology Company Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next

Apr 23
iRay Technology Company Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next

Recent updates

iRay Technology (SHSE:688301) Will Be Hoping To Turn Its Returns On Capital Around

Feb 10
iRay Technology (SHSE:688301) Will Be Hoping To Turn Its Returns On Capital Around

Investors Continue Waiting On Sidelines For iRay Technology Company Limited (SHSE:688301)

Dec 30
Investors Continue Waiting On Sidelines For iRay Technology Company Limited (SHSE:688301)

Is iRay Technology (SHSE:688301) A Risky Investment?

Nov 18
Is iRay Technology (SHSE:688301) A Risky Investment?

iRay Technology Company Limited (SHSE:688301) Soars 25% But It's A Story Of Risk Vs Reward

Sep 28
iRay Technology Company Limited (SHSE:688301) Soars 25% But It's A Story Of Risk Vs Reward

iRay Technology (SHSE:688301) Might Be Having Difficulty Using Its Capital Effectively

Sep 27
iRay Technology (SHSE:688301) Might Be Having Difficulty Using Its Capital Effectively

iRay Technology's (SHSE:688301) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 26
iRay Technology's (SHSE:688301) Weak Earnings May Only Reveal A Part Of The Whole Picture

iRay Technology Company Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next

Apr 23
iRay Technology Company Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next

Are iRay Technology Company Limited (SHSE:688301) Investors Paying Above The Intrinsic Value?

Apr 11
Are iRay Technology Company Limited (SHSE:688301) Investors Paying Above The Intrinsic Value?

Slowing Rates Of Return At iRay Technology (SHSE:688301) Leave Little Room For Excitement

Mar 21
Slowing Rates Of Return At iRay Technology (SHSE:688301) Leave Little Room For Excitement

With iRay Technology Company Limited (SHSE:688301) It Looks Like You'll Get What You Pay For

Feb 28
With iRay Technology Company Limited (SHSE:688301) It Looks Like You'll Get What You Pay For

Earnings and Revenue Growth Forecasts

SHSE:688301 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20263,0541,0322,8251,2448
12/31/20252,5698622748048
12/31/20241,941593-1,7955543
9/30/20241,823565-1,552412N/A
6/30/20241,933590-1,556416N/A
3/31/20241,914610-1,738339N/A
12/31/20231,864607-1,513340N/A
9/30/20231,842566-975286N/A
6/30/20231,786689-903314N/A
3/31/20231,663677-725242N/A
12/31/20221,549641-401317N/A
9/30/20221,468666-210299N/A
6/30/20221,352551-28270N/A
3/31/20221,291510-57214N/A
12/31/20211,18748456248N/A
9/30/20211,054392192243N/A
6/30/2021955322244293N/A
3/31/2021872265285307N/A
12/31/2020784222245262N/A
9/30/2020787218128144N/A
6/30/20207301804982N/A
3/31/20205811161049N/A
12/31/201954696-931N/A
12/31/201843961-2819N/A
12/31/201735654N/A102N/A
12/31/201625643N/A40N/A
12/31/201521319N/A63N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688301's forecast earnings growth (27.8% per year) is above the savings rate (2.7%).

Earnings vs Market: 688301's earnings (27.8% per year) are forecast to grow faster than the CN market (25.3% per year).

High Growth Earnings: 688301's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688301's revenue (23.6% per year) is forecast to grow faster than the CN market (13.4% per year).

High Growth Revenue: 688301's revenue (23.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 688301's Return on Equity is forecast to be low in 3 years time (16.1%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 18:18
End of Day Share Price 2025/02/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

iRay Group is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jiongyi HuChina International Capital Corporation Limited
Shuo SongCitic Securities Co., Ltd.
Zhu ChenCitic Securities Co., Ltd.