CareRay Digital Medical Technology Co., Ltd.
688607
Rank in Stocks
#12296
CareRay Digital Medical Technology Co., Ltd. is a specialist in the development... CareRay Digital Medical Technology Co., Ltd. is a specialist in the development and manufacturing of sophisticated digital X-ray flat panel detectors. Their extensive product line includes cable-free, tethered, and real-time imaging detectors, as well as specialized panels for mammography and industrial inspection. Additionally, the company provides vital accessories and protective tablet enclosures. These advanced imaging solutions are applied across diverse sectors such as human healthcare, veterinary medicine, security screening, and industrial quality control. Founded in 2007, CareRay's operations are headquartered in Suzhou, China.
Share Price
$5.50
Last synced: 2026-11-10
Market Cap
$480.65M
Change (1 day)
2.23%
Change (1 year)
29.41%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade CareRay Digital Medical Technology Co., Ltd. (688607)
Category
Healthcare
Operating Margin for CareRay Digital Medical Technology Co., Ltd. (688607)
Operating Margin as of November 2026 TTM: -17.05%
According to CareRay Digital Medical Technology Co., Ltd.'s latest financial reports, its current operating margin (TTM) is -17.05%. At the end of 2025 the company had an operating margin of -3.36%.
Operating Margin history for CareRay Digital Medical Technology Co., Ltd. from 2017 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | -17.05% | 407.44% |
| 2025 | -3.36% | -156.95% |
| 2024 | 5.90% | 16.83% |
| 2023 | 5.05% | -201.20% |
| 2022 | -4.99% | -118.29% |
| 2021 | 27.29% | 7.99% |
| 2020 | 25.27% | 8.73% |
| 2019 | 23.24% | -10.27% |
| 2018 | 25.90% | 86.47% |
| 2017 | 13.89% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 15.24% | -100.89% |
US
|
|
| 18.08% | -101.06% |
IE
|
|
| 21.25% | -101.25% |
US
|
|
| 21.05% | -101.23% |
US
|
|
| 28.09% | -101.65% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about CareRay Digital Medical Technology Co., Ltd.'s operating margin
What is CareRay Digital Medical Technology Co., Ltd.'s operating margin?
CareRay Digital Medical Technology Co., Ltd.'s operating margin is -17.05%, as of Nov 2026.
What was CareRay Digital Medical Technology Co., Ltd.'s operating margin in 2025?
In 2025, CareRay Digital Medical Technology Co., Ltd.'s operating margin was -3.36%, compared with 5.90% in 2024.
How has CareRay Digital Medical Technology Co., Ltd.'s operating margin changed since 2020?
From 2020 to 2025, CareRay Digital Medical Technology Co., Ltd.'s operating margin was highest in 2021 (27.29%) and lowest in 2022 (-4.99%).
How does CareRay Digital Medical Technology Co., Ltd.'s operating margin compare with similar companies?
CareRay Digital Medical Technology Co., Ltd.'s operating margin (-17.05%) is lower than that of all 5 similar companies listed above. The highest among them is Edwards Lifesciences Corporation, with 28.09%.