iRay is a leader in the development and manufacturing of key X-ray system components used in medical, dental, veterinary, security and industrial imaging applications.
Founded in 2011, iRay is headquartered in Shanghai, China and has production facilities in Shanghai and Taicang, China, and in Seoul, Korea.
Through innovation and with leading technology development, iRay has introduced a broad flat panel detector portfolio, which spans from amorphous silicon (a-Si) to Oxide (IGZO) TFTs, flexible substrates, and CMOS detectors. In recent years iRay has expanded its product offerings to include X-ray collimators, generators, ionization chambers, and high energy linear accelerators.
iRay has become China's leading manufacturer of flat panel detectors, and its products are used in more than 70 nations and areas, including the United States and many European countries.
iRay has completed its initial public offering (IPO) and been listed on the Science and Technology Innovation Board of Shanghai Stock Exchange since September 18, 2020 (Stock Code: SH.688301).
| Full name | IRAY TECHNOLOGY COMPANY LIMITED |
|---|---|
| Abbreviations | IRAY TECHNOLOGY |
| Code | 688301 |
| Founded | 2011-03-07 |
| Listing | 2020-09-18 |
| Domicile | Shanghai |
| Website | www.iraygroup.com |
| ir@iraygroup.com | |
| STAR Theme | High-end Equipment |
| CSRC Sector | Manufacturing |
| Has weighted voting rights structure? | No |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | 3.77 | 1.77 | 1.11 |
| R&D expenditure as a % of operating revenue | 12.24% | 16.11% | 15.64% |
| Operating Revenue | 784.08 | 546.11 | 439.42 |
| Net Income | 223.09 | 95.32 | 59.32 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 784.08 | 546.11 | 439.42 |
| Operating Costs | 377.89 | 277.02 | 237.31 |
| Operating Income | 251.66 | 95.92 | 60.71 |
| Pretax Income | 254.30 | 102.97 | 67.41 |
| Income Tax | 31.20 | 7.65 | 8.09 |
| Net Income | 223.09 | 95.32 | 59.32 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 2,725.95 | 514.29 | 365.02 |
| Non-current Assets-Total | 169.42 | 183.34 | 126.66 |
| Total Assets | 2,895.37 | 697.64 | 491.68 |
| Liabilities | |||
| Current Liabilities-Total | 235.50 | 234.56 | 146.05 |
| Non-current Liabilities-Total | 26.07 | 37.47 | 14.61 |
| Total Liabilities | 261.57 | 272.03 | 160.66 |
| Stockholder's Equity | |||
| Share Capital | 2,221.59 | 235.42 | 235.42 |
| Retained Profits | 411.95 | 190.12 | 94.09 |
| Total Owners' Equity | 2,633.80 | 425.61 | 331.02 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | 262.32 | 30.78 | 19.29 |
| Net Cash Flows-Investing | -1,013.24 | -15.58 | -1.66 |
| Net Cash Flows-Financing | 1,967.45 | 18.04 | -9.37 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| Shanghai Yiyuan Herui Investment Consulting Co., Ltd. | 11.92 | 16.42% |
| Shanghai Heyi Investment Management Co., Ltd | 7.96 | 10.97% |
| Tianjin Sequoia Juye Equity Investment Partnership(L.P.) | 6.30 | 8.68% |
| Suzhou Industrial Park Heyuan, Northern Light Venture Capital Partnership (L.P.) | 4.46 | 6.14% |
| Beijing Sequoia Xinyuan Equity Investment Center (L.P.) | 4.40 | 6.07% |
| Shanghai Changze Investment Consulting Partnership (L.P.) | 4.35 | 5.99% |
| Shanghai Chendai Investment Center (L.P.) | 2.75 | 3.79% |
| Shanghai Zhangjiang Torch Venture Capital Co., Ltd. | 2.23 | 3.07% |
| Shanghai Changrui Investment Consulting Partnership (L.P.) | 2.13 | 2.93% |
| Shenzhen Dingcheng Hezhong Investment Fund Management Partnership (L.P.) | 1.69 | 2.33% |
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