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← CockpitCompetitor Analysis › 688607.SS Careray Digital Medical Technology Co. Ltd. Class AOpen in the cockpit ↗

Careray Digital Medical Technology Co. Ltd. Class A688607.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Electronic Equipment/Instruments
Momentum neutral 50
Mkt cap
$479M
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$8.46M
20-day average traded
Fwd P/E
72.5×
forward earnings
ROIC−WACC
-12.0 pp
WACC 10.1%
Hurdle
n/a
no reverse DCF
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥36.25
1D+0.6%
1W+11.0%
1M+2.9%
3M+3.0%
6M-45.1%
YTD-15.3%
1Y+31.8%
ATR %6.9%
52w lowhigh50.3% off high

What Careray Digital Medical Technology does

Employees: 283

Careray Digital Medical Technology at a glance

Size Careray Digital Medical Technology (688607.SS) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $479M, the 3952nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥36.25 on 6 Nov 2026.

Performance Over six months the shares fell 45.1%, against -26.2% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue grew 1.8% over the last twelve months (peer median +8.4%); the operating margin is -9.5% (peer median 3.2%).

Valuation It trades at 72.5× forward earnings against a peer median of 17.9× (most expensive of 10).

Capital Return on invested capital runs 12.0 points below its cost of capital (10.1% WACC).

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 74688607.SS 53
Six months, rebased to 100: Careray Digital Medical Technology against the median of its 20 peers (local-currency closes).

Careray Digital Medical Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥320MCN¥320MCN¥297MCN¥273MCN¥204M
Revenue growth—+8%+9%+34%—
Gross profitCN¥101MCN¥112MCN¥112MCN¥98.8MCN¥67.8M
EBITDA-CN¥10.5MCN¥2.85MCN¥20.6MCN¥11.8M-CN¥22.9M
Net income-CN¥29.6M-CN¥6.67MCN¥17.7MCN¥15.4M-CN¥5.63M
Free cash flow-CN¥83.8M-CN¥134M-CN¥62.4M-CN¥10.5M-CN¥42.6M
Capital expenditureCN¥44.9MCN¥65.8MCN¥96.2MCN¥43.2MCN¥23.1M
Total debtCN¥482MCN¥45.5MCN¥16.2MCN¥19.4MCN¥10.1M

Quarterly statements and history in the cockpit →

Careray Digital Medical Technology competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-40%-20%0%6739300333BW6886360020900023390022962439300880688551692968590021843008823008224187688600300667688607.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Careray Digital Medical Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%20×40×60×BW6886362439688551692968594187688600300667688607.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Careray Digital Medical Technology is the large dot.

Careray Digital Medical Technology competitors and peer comparison

How Careray Digital Medical Technology compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Careray Digital Medical Technology against its 20 peers (data as of 6 Nov 2026)
Measure688607.SSPeer medianRank in peer set
1-month return+2.9%-11.8%highest of 21
6-month return-45.1%-26.2%4th lowest of 21
Distance from 52-week high-50.3%-43.1%9th lowest of 21
Revenue growth (TTM)+1.8%+8.4%7th lowest of 21
Operating margin-9.5%3.2%4th lowest of 21
Forward P/E72.5×17.9×most expensive of 10
ROIC minus cost of capital-12.0 pp-4.3 pp2nd lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Careray Digital Medical Technology 688607.SSChina$479M-45%+2%-10%72.5×n/an/a
Grade Upon Technology 6739.TWOTaiwan$481M-52%+99%57%n/a12.4%+26.7%
Sinosun Technology 300333.SZChina$482M+3%+2%-13%n/an/an/a
Babcock & Wilcox Enterprises BWUnited States$484M-78%+40%4%12.2×n/an/a
Chengdu Zhimingda Electronics 688636.SSChina$474M-58%-12%13%21.9×n/an/a
Wiscom System 002090.SZChina$485M-27%-4%1%n/a34.3%-3.4%
Integrated Electronic Systems Lab Co 002339.SZChina$486M-34%+11%-2%n/a15.8%+8.2%
Henan Splendor Science and Technology 002296.SZChina$470M-23%-36%18%n/a6.3%+6.6%
Merry Electronics 2439.TWTaiwan$493M-26%+9%2%17.9×-5.0%+6.2%
Ningbo Jianan Electronics 300880.SZChina$466M-29%-33%5%n/a34.7%+4.7%
Kewell Technology 688551.SSChina$464M-20%+13%2%50.7×n/an/a
Nippon Ceramic 6929.TJapan$501M-14%+3%23%12.7×-4.5%+9.8%
Espec 6859.TJapan$504M+7%+9%10%12.5×7.1%+12.6%
SZZT Electronics 002197.SZChina$506M-32%+25%-17%n/an/an/a
Shanghai Hi-Tech Control System 002184.SZChina$507M-16%-16%-3%n/an/an/a
Zhejiang Wellsun Intelligent Technology 300882.SZChina$510M-35%+13%-1%n/an/an/a
Shenzhen Bestek Technology 300822.SZChina$448M-37%-19%-6%n/an/an/a
Osaka Organic Chemical Industry 4187.TJapan$518M-21%+18%22%11.8×6.9%+4.8%
Anhui Wanyi Science And Technology Co. Ltd. Class 1 688600.SSChina$522M-11%+4%5%33.4×34.5%+11.2%
Shanghai Zizhu High-Tech Science And Technology 002058.SZChina$437M-22%+159%12%n/a20.7%+34.5%
Beijing Beetech 300667.SZChina$435M-26%+8%-12%64.4×29.1%-0.3%

Questions

Which companies are Careray Digital Medical Technology's closest peers?
The cockpit's peer set: Grade Upon Technology (6739.TWO), Sinosun Technology (300333.SZ), Babcock & Wilcox Enterprises (BW), Chengdu Zhimingda Electronics (688636.SS), Wiscom System (002090.SZ), Integrated Electronic Systems Lab Co (002339.SZ), Henan Splendor Science and Technology (002296.SZ), Merry Electronics (2439.TW).
Is Careray Digital Medical Technology expensive compared with its peers?
On forward p/e it trades at 72.5× against a peer median of 17.9×, most expensive of 10 in its peer set.
How has Careray Digital Medical Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -45.1% against -26.2% for the median peer; over one year +31.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.