688301 logo

iRay GroupSHSE:688301 Stock Report

Market Cap CN¥17.0b
Share Price
CN¥84.94
My Fair Value
AN
AnalystConsensusTarget
CN¥104
18.7% undervalued intrinsic discount
1Y15.2%
7D-3.8%
Portfolio Value
View

iRay Group

SHSE:688301 Stock Report

Market Cap: CN¥17.0b

iRay Group (688301) Stock Overview

Develops, manufactures, and sells flat panel X-ray detectors for use in medical, dental, oncology, veterinary, security, and NDT applications in China and internationally. More details

688301 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health4/6
Dividends2/6

688301 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

iRay Group Competitors

Price History & Performance

Summary of share price highs, lows and changes for iRay Group
Historical stock prices
Current Share PriceCN¥84.94
52 Week HighCN¥110.71
52 Week LowCN¥58.94
Beta0.37
1 Month Change-2.03%
3 Month Change-1.73%
1 Year Change15.16%
3 Year Change-53.72%
5 Year Changen/a
Change since IPO45.58%

Recent News & Updates

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

Shareholder Returns

688301CN Medical EquipmentCN Market
7D-3.8%0.3%-1.1%
1Y15.2%11.6%28.8%

Return vs Industry: 688301 exceeded the CN Medical Equipment industry which returned 11.6% over the past year.

Return vs Market: 688301 underperformed the CN Market which returned 28.8% over the past year.

Price Volatility

Is 688301's price volatile compared to industry and market?
688301 volatility
688301 Average Weekly Movement4.5%
Medical Equipment Industry Average Movement4.1%
Market Average Movement4.8%
10% most volatile stocks in CN Market8.4%
10% least volatile stocks in CN Market2.8%

Stable Share Price: 688301 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688301's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20112,059Tieer Guwww.iraygroup.com

iRay Group develops, manufactures, and sells flat panel X-ray detectors for use in medical, dental, oncology, veterinary, security, and NDT applications in China and internationally. It offers wireless radiography, tethered radiography, mammography, dynamic/real-time, linear detector array products, X-ray sources, micro focus X-ray source, high voltage generators, radiation detecting materials, and other products, as well as related software. The company was formerly known as iRay Technology Company Limited and changed its name to iRay Group in February 2025.

iRay Group Fundamentals Summary

How do iRay Group's earnings and revenue compare to its market cap?
688301 fundamental statistics
Market capCN¥16.99b
Earnings (TTM)CN¥469.00m
Revenue (TTM)CN¥1.82b
36.2x
P/E Ratio
9.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688301 income statement (TTM)
RevenueCN¥1.82b
Cost of RevenueCN¥932.08m
Gross ProfitCN¥889.90m
Other ExpensesCN¥420.90m
EarningsCN¥469.00m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 29, 2025

Earnings per share (EPS)2.35
Gross Margin48.84%
Net Profit Margin25.74%
Debt/Equity Ratio72.1%

How did 688301 perform over the long term?

See historical performance and comparison

Dividends

0.8%
Current Dividend Yield
30%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/01 17:27
End of Day Share Price 2025/08/01 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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 19 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
Lingpeng ZengCitic Securities Co., Ltd.
Shuo SongCitic Securities Co., Ltd.