iRay Technology Company Limited

SHSE:688301 Stock Report

Market Cap: CN¥13.6b

iRay Technology Past Earnings Performance

Past criteria checks 2/6

iRay Technology has been growing earnings at an average annual rate of 27.1%, while the Medical Equipment industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 24.8% per year. iRay Technology's return on equity is 12.2%, and it has net margins of 31%.

Key information

27.1%

Earnings growth rate

23.4%

EPS growth rate

Medical Equipment Industry Growth16.0%
Revenue growth rate24.8%
Return on equity12.2%
Net Margin31.0%
Next Earnings Update26 Apr 2025

Recent past performance updates

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

Recent updates

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

Revenue & Expenses Breakdown

How iRay Technology makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSE:688301 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,823565233325
30 Jun 241,933590225293
31 Mar 241,914610205272
31 Dec 231,864607203261
30 Sep 231,842566191259
30 Jun 231,786689185255
31 Mar 231,663677185244
31 Dec 221,549641163239
30 Sep 221,468666144218
30 Jun 221,352551131196
31 Mar 221,291510116174
31 Dec 211,187484124146
30 Sep 211,05439292119
30 Jun 2195532286106
31 Mar 218722657699
31 Dec 207842226694
30 Sep 207872188092
30 Jun 207301808588
31 Mar 205811168586
31 Dec 19546968786
31 Dec 18439618567
31 Dec 17356547147
31 Dec 1625643840
31 Dec 1521319890

Quality Earnings: 688301 has a high level of non-cash earnings.

Growing Profit Margin: 688301's current net profit margins (31%) are higher than last year (30.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 688301's earnings have grown significantly by 27.1% per year over the past 5 years.

Accelerating Growth: 688301's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 688301 had negative earnings growth (-0.3%) over the past year, making it difficult to compare to the Medical Equipment industry average (-8.8%).

Return on Equity

High ROE: 688301's Return on Equity (12.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 04:15
End of Day Share Price 2024/12/27 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 here.

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 .

Analyst Sources

iRay Technology Company Limited is covered by 20 analysts. 9 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.