iRay Group (SHSE:688301) Retained Earnings: ¥2,559 Mil (As of Jun. 2026)

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SHSE:688301 iRay Group SHSE:688301
95 GF Score
Price ¥88.54
GF Value ¥109.99
Valuation Modestly Undervalued
! 4 Warning Signs
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What is iRay Group Retained Earnings?

iRay Group SHSE:688301 -2.07% 95 Retained Earnings is ¥2,559 Mil as of Jun. 2026. GuruFocus rates SHSE:688301 with a GF Score™ of 95/100 and a GF Value™ of ¥109.99 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. iRay Group's retained earnings for the quarter that ended in Jun. 2026 was ¥2,559 Mil.

iRay Group's quarterly retained earnings increased from Dec. 2025 (¥2,364 Mil) to Mar. 2026 (¥2,543 Mil) and increased from Mar. 2026 (¥2,543 Mil) to Jun. 2026 (¥2,559 Mil).

iRay Group's annual retained earnings increased from Dec. 2023 (¥1,651 Mil) to Dec. 2024 (¥1,891 Mil) and increased from Dec. 2024 (¥1,891 Mil) to Dec. 2025 (¥2,364 Mil).


iRay Group  (SHSE:688301) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


iRay Group Retained Earnings Historical Data

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The historical data trend for iRay Group's Retained Earnings can be seen below:

* 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.

iRay Group Retained Earnings Chart

iRay Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 786.84 1,268.47 1,650.51 1,891.50 2,364.43

iRay Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,083.18 2,200.59 2,364.43 2,543.18 2,558.78
SHSE:688301
95GF Score
iRay Group SHSE:688301
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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iRay Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ¥2,559 Mil mean?
iRay Group (SHSE:688301) has a Retained Earnings of ¥2,559 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on iRay Group and its competitors.
Is iRay Group's Retained Earnings too high?
iRay Group's current Retained Earnings is ¥2,559 Mil. Overall, iRay Group has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iRay Group's Retained Earnings compare to ISRG and BDX?
iRay Group's Retained Earnings of ¥2,559 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Medical Devices & Instruments company?
A good Retained Earnings depends on the Medical Devices & Instruments industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on iRay Group and its competitors. iRay Group's current Retained Earnings is ¥2,559 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iRay Group stock overvalued right now?
Based on GuruFocus' analysis, iRay Group (SHSE:688301) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥109.99, compared to a current price of ¥88.54 — trading 19.5% below its estimated fair value. The current Retained Earnings is ¥2,559 Mil. iRay Group's overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For iRay Group (SHSE:688301), the current Retained Earnings is ¥2,559 Mil as of Jun. 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 iRay Group (SHSE:688301) Overvalued in 2026?

Based on GuruFocus' analysis, iRay Group stock appears to be undervalued. The current stock price of ¥88.54 is trading 19.5% below its estimated GF Value™ of ¥109.99. GuruFocus considers iRay Group to be Modestly Undervalued.

Key valuation signals for SHSE:688301:

  • Retained Earnings: ¥2,559 Mil
  • GF Value™: ¥109.99 vs. price of ¥88.54 (19.5% below fair value)
  • GF Score™: 95/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iRay Group Business Description

Address Jinhai Road, Building 45, No. 1000, Pudong New District, Shanghai, CHN, 201206
iRay Group is engaged in the Research & Development, production, sales and service of digital X-ray detectors.
95GF Score

Get the complete analysis for SHSE:688301

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥88.54
Price
¥109.99
GF Value