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Careray Digital Medical Technology Co (SHSE:688607) 3-Year Book Growth Rate : 20.40% (As of Mar. 2024)


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What is Careray Digital Medical Technology Co 3-Year Book Growth Rate?

Careray Digital Medical Technology Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥9.70.

During the past 12 months, Careray Digital Medical Technology Co's average Book Value per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 20.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 24.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 7 years, the highest 3-Year average Book Value per Share Growth Rate of Careray Digital Medical Technology Co was 38.60% per year. The lowest was 19.90% per year. And the median was 24.80% per year.


Competitive Comparison of Careray Digital Medical Technology Co's 3-Year Book Growth Rate

For the Medical Devices subindustry, Careray Digital Medical Technology Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Careray Digital Medical Technology Co's 3-Year Book Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Careray Digital Medical Technology Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Careray Digital Medical Technology Co's 3-Year Book Growth Rate falls into.



Careray Digital Medical Technology Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Careray Digital Medical Technology Co  (SHSE:688607) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Careray Digital Medical Technology Co 3-Year Book Growth Rate Related Terms

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Careray Digital Medical Technology Co (SHSE:688607) Business Description

Traded in Other Exchanges
N/A
Address
No. 218 Xinghu Street, Room 501, Building A2 and B3, Bio-Nano Park, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215123
Jiangsu Kangzhong Digital Medical Technology Co Ltd is engaged in the development and production of advanced digital X-ray flat panel detectors, which are widely used in medical, pet, security, and industrial imaging diagnostic products. The product portfolio includes radiography, mammography, fluoroscopy, dental products, and other accessories.

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