CareRay Digital Medical Technology Co Ltd Total Assets
CareRay Digital Medical Technology Co Ltd total assets. Based on the latest financial reports, CareRay Digital Medical Technology Co Ltd (688607) holds total assets worth CN¥988.48 Million CNY (≈ $144.65 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see CareRay Digital Medical Technology Co Lt market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of CareRay Digital Medical Technology Co Ltd (2017–2024)
Total assets of CareRay Digital Medical Technology Co Ltd from 2017 to 2024. This chart illustrates how CareRay Digital Medical Technology Co Ltd's total assets have evolved over time, based on quarterly financial data. See latest CareRay Digital Medical Technology Co Lt stock price today for real-time trading data and today's change.
CareRay Digital Medical Technology Co Ltd - Asset Composition Analysis
CareRay Digital Medical Technology Co Ltd Total Assets Breakdown (December 2024)
CareRay Digital Medical Technology Co Ltd total assets breakdown as of December 2024. CareRay Digital Medical Technology Co Ltd's total assets of CN¥988.48 Million consist of 62.9% current assets and 37.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 28.1% |
| Accounts Receivable | CN¥114.84 Million | 11.9% |
| Inventory | CN¥85.97 Million | 8.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥3.39 Million | 0.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how CareRay Digital Medical Technology Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore 688607 working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CareRay Digital Medical Technology Co Ltd's current assets represent 62.9% of total assets in 2024, a decrease from 94.6% in 2017.
- Cash Position: Cash and equivalents constituted 28.1% of total assets in 2024, down from 49.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 11.9% of total assets.
CareRay Digital Medical Technology Co Ltd Competitors by Total Assets
Key competitors of CareRay Digital Medical Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cochlear Ltd
AU:COH
|
Australia | AU$2.83 Billion |
|
Vitrolife AB
ST:VITR
|
Sweden | Skr11.30 Billion |
|
Sinocare Inc
SHE:300298
|
China | CN¥6.25 Billion |
|
Shanghai Sanyou Medical Co Ltd
SHG:688085
|
China | CN¥2.34 Billion |
|
Zhejiang Orient Gene Biotech Co Ltd
SHG:688298
|
China | CN¥7.51 Billion |
|
Nanjing Vishee Medical Technology Co Ltd
SHG:688580
|
China | CN¥1.79 Billion |
|
TAIDOC TECHNOLOGY CORP
TW:4736
|
Taiwan | NT$13.07 Billion |
|
SS Innovations International Inc. Common Stock
NASDAQ:SSII
|
USA | $96.98 Million |
CareRay Digital Medical Technology Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.87 | 7.95 | 6.89 |
| Quick Ratio | 3.57 | 6.76 | 5.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥464.22 Million | CN¥544.81 Million | CN¥338.93 Million |
CareRay Digital Medical Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between CareRay Digital Medical Technology Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.34 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | 2.1% |
| Total Assets | CN¥966.95 Million |
| Market Capitalization | $467.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values CareRay Digital Medical Technology Co Ltd's assets below their book value (0.48x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: CareRay Digital Medical Technology Co Ltd's assets grew by 2.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for CareRay Digital Medical Technology Co Ltd (2017–2024)
The table below shows the annual total assets of CareRay Digital Medical Technology Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥966.95 Million ≈ $141.49 Million |
+2.07% |
| 2023-12-31 | CN¥947.30 Million ≈ $138.62 Million |
+4.94% |
| 2022-12-31 | CN¥902.68 Million ≈ $132.09 Million |
-4.08% |
| 2021-12-31 | CN¥941.07 Million ≈ $137.71 Million |
+118.07% |
| 2020-12-31 | CN¥431.55 Million ≈ $63.15 Million |
+12.66% |
| 2019-12-31 | CN¥383.06 Million ≈ $56.05 Million |
+29.53% |
| 2018-12-31 | CN¥295.74 Million ≈ $43.28 Million |
+15.73% |
| 2017-12-31 | CN¥255.53 Million ≈ $37.39 Million |
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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