New Ray Medicine International Holding (HKSE:06108) Float Percentage Of Total Shares Outstanding: 0.00% (As of Aug. 26, 2026)

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HKSE:06108 New Ray Medicine International Holding Ltd HKSE:06108
52 GF Score
Price HK$0.21
GF Value HK$1.04
Valuation Possible Value Trap
! 4 Warning Signs
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What is New Ray Medicine International Holding Float Percentage Of Total Shares Outstanding?

New Ray Medicine International Holding HKSE:06108 -7.11% 52 Float Percentage Of Total Shares Outstanding is 0.00% as of Aug. 26, 2026. GuruFocus rates HKSE:06108 with a GF Score™ of 52/100 and a GF Value™ of HK$1.04 (Possible Value Trap). The stock has 4 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, New Ray Medicine International Holding's float shares is 0.00 Mil. New Ray Medicine International Holding's total shares outstanding is 200.62 Mil. New Ray Medicine International Holding's float percentage of total shares outstanding is 0.00%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, New Ray Medicine International Holding's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, New Ray Medicine International Holding's Institutional Ownership is 0.01%.

HKSE:06108
52GF Score
New Ray Medicine International Holding Ltd HKSE:06108
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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New Ray Medicine International Holding Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

New Ray Medicine International Holding's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=0.00/200.62
=0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 0.00% mean?
New Ray Medicine International Holding (HKSE:06108) has a Float Percentage Of Total Shares Outstanding of 0.00% as of Aug. 26, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on New Ray Medicine International Holding and its competitors.
Is New Ray Medicine International Holding's Float Percentage Of Total Shares Outstanding too high?
New Ray Medicine International Holding's current Float Percentage Of Total Shares Outstanding is 0.00%. Overall, New Ray Medicine International Holding has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Ray Medicine International Holding's Float Percentage Of Total Shares Outstanding compare to competitors?
New Ray Medicine International Holding's Float Percentage Of Total Shares Outstanding of 0.00% can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Healthcare Providers & Services company?
A good Float Percentage Of Total Shares Outstanding depends on the Healthcare Providers & Services industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on New Ray Medicine International Holding and its competitors. New Ray Medicine International Holding's current Float Percentage Of Total Shares Outstanding is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Ray Medicine International Holding stock overvalued right now?
Based on GuruFocus' analysis, New Ray Medicine International Holding (HKSE:06108) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.04, compared to a current price of HK$0.21 — trading 79.9% below its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 0.00%. New Ray Medicine International Holding's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For New Ray Medicine International Holding (HKSE:06108), the current Float Percentage Of Total Shares Outstanding is 0.00% as of Aug. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is New Ray Medicine International Holding (HKSE:06108) Overvalued in 2026?

Based on GuruFocus' analysis, New Ray Medicine International Holding stock appears to be undervalued. The current stock price of HK$0.21 is trading 79.9% below its estimated GF Value™ of HK$1.04. GuruFocus considers New Ray Medicine International Holding to be Possible Value Trap.

Key valuation signals for HKSE:06108:

  • Float Percentage Of Total Shares Outstanding: 0.00%
  • GF Value™: HK$1.04 vs. price of HK$0.21 (79.9% below fair value)
  • GF Score™: 52/100 with 4 warning signs

No single metric tells the full story. See the HKSE:06108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

New Ray Medicine International Holding Business Description

Address 19 Dangui Road, B-C, 37th Floor, Dikai International Center, Hangzhou, CHN
New Ray Medicine International Holding Ltd is engaged in the trading and distribution of pharmaceutical products in the People's Republic of China. The company's segments include the Distribution and trading of pharmaceutical products and the Provision of marketing and promotion services. Distribution and trading of pharmaceutical products segment consist of Injection drugs and generate maximum revenue for the company.
52GF Score

Get the complete analysis for HKSE:06108

Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.21
Price
HK$1.04
GF Value