CareRay Digital Medical Technology Co Ltd (SHG:688607) — Market Cap & Net Worth
Market Cap & Net Worth: CareRay Digital Medical Technology Co Ltd (688607)
CareRay Digital Medical Technology Co Ltd (SHG:688607) has a market capitalization of $851.53 Million (CN¥5.82 Billion) as of May 4, 2026. Listed on the SHG stock exchange, this China-based company holds position #9847 globally and #2785 in its home market, demonstrating a -6.06% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying CareRay Digital Medical Technology Co Ltd's stock price CN¥66.03 by its total outstanding shares 88129027 (88.13 Million). Analyse CareRay Digital Medical Technology Co Lt cash flow conversion to see how efficiently the company converts income to cash.
CareRay Digital Medical Technology Co Ltd Market Cap History: 2021 to 2026
CareRay Digital Medical Technology Co Ltd's market capitalization history from 2021 to 2026. Data shows change from $482.46 Million to $851.53 Million (-4.29% CAGR).
CareRay Digital Medical Technology Co Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how CareRay Digital Medical Technology Co Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.57x
CareRay Digital Medical Technology Co Ltd's market cap is 0.57 times its annual revenue
Latest Price to Earnings (P/E) Ratio
9.68x
CareRay Digital Medical Technology Co Ltd's market cap is 9.68 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $482.46 Million | $341.98 Million | $85.09 Million | 1.41x | 5.67x |
| 2022 | $243.39 Million | $204.57 Million | -$5.67 Million | 1.19x | N/A |
| 2023 | $261.75 Million | $273.74 Million | $15.41 Million | 0.96x | 16.98x |
| 2024 | $170.87 Million | $298.10 Million | $17.65 Million | 0.57x | 9.68x |
Competitor Companies of 688607 by Market Capitalization
Companies near CareRay Digital Medical Technology Co Ltd in the global market cap rankings as of May 4, 2026.
Key companies related to CareRay Digital Medical Technology Co Ltd by market ranking:
- Abbott Laboratories (NYSE:ABT): Ranked #141 globally with a market cap of $155.56 Billion USD.
- Stryker Corporation (NYSE:SYK): Ranked #208 globally with a market cap of $112.79 Billion USD.
- Medtronic plc (SA:MDTC34): Ranked #230 globally with a market cap of $104.84 Billion USD ( R$534.32 Billion BRL).
- Medtronic PLC (NYSE:MDT): Ranked #236 globally with a market cap of $102.56 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #141 | Abbott Laboratories | NYSE:ABT | $155.56 Billion | $89.46 |
| #208 | Stryker Corporation | NYSE:SYK | $112.79 Billion | $294.73 |
| #230 | Medtronic plc | SA:MDTC34 | $104.84 Billion | R$208.39 |
| #236 | Medtronic PLC | NYSE:MDT | $102.56 Billion | $80.00 |
CareRay Digital Medical Technology Co Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, CareRay Digital Medical Technology Co Ltd's market cap moved from $482.46 Million to $ 851.53 Million, with a yearly change of -4.29%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥851.53 Million | +54.28% |
| 2025 | CN¥551.95 Million | +223.02% |
| 2024 | CN¥170.87 Million | -34.72% |
| 2023 | CN¥261.75 Million | +7.55% |
| 2022 | CN¥243.39 Million | -49.55% |
| 2021 | CN¥482.46 Million | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of CareRay Digital Medical Technology Co Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $851.53 Million USD |
| MoneyControl | $851.53 Million USD |
| MarketWatch | $851.53 Million USD |
| marketcap.company | $851.53 Million USD |
| Reuters | $851.53 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About CareRay Digital Medical Technology Co Ltd
CareRay Digital Medical Technology Co., Ltd. engages in research and development, production, and sales of digital X-ray flat panel detectors in China. The company offers Gen3 panels; radiography products, including wireless, tethered, and specialized panels, as well as accessories; mammography, fluoroscopy, dental, and industrial NDT products; and custom panels. It also provides solutions for re… Read more