` 688607 (CareRay Digital Medical Technology Co Ltd) vs Shanghai Composite Comparison - Alpha Spread

688607
vs
S
Shanghai Composite

Over the past 12 months, CareRay Digital Medical Technology Co Ltd has significantly outperformed Shanghai Composite, delivering a return of +25% compared to Shanghai Composite's 2% drop.

Stocks Performance
688607 vs Shanghai Composite

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688607
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Performance Gap
688607 vs Shanghai Composite

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688607
Shanghai Composite
Difference
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Performance By Year
688607 vs Shanghai Composite

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Competitors Performance
CareRay Digital Medical Technology Co Ltd vs Peers

Shanghai Composite
688607
ABT
ISRG
MDT
SYK
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CareRay Digital Medical Technology Co Ltd
Glance View

Market Cap
3.1B CNY
Industry
Health Care

CareRay Digital Medical Technology makes specialized display and imaging equipment for hospitals and other medical users. Its core products are medical-grade monitors and digital imaging systems used to view X-rays, CT scans, ultrasound images, and other diagnostic pictures. It also offers related software and system integration services that help doctors see and manage medical images clearly and reliably. The company mainly sells to hospitals, diagnostic centers, medical equipment makers, and other healthcare customers that need accurate image display for clinical work. It makes money by selling hardware, software, and related support services. In this business, customers care less about flashy features and more about image quality, consistency, and compliance with medical standards. What makes the business model different is that it sits at a narrow but important point in the medical imaging chain: turning raw scan data into a clear image that doctors can trust. That means its products must be precise, durable, and built for regulated medical use rather than general office or consumer use. This gives the company a specialized role in healthcare technology rather than a broad consumer electronics business.

Intrinsic Value
¥12.83
Overvaluation 64%
Intrinsic Value
Price ¥35.55
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