Business Summary

Ray Co.,Ltd is a Korea-based company mainly engaged in the development, production and distribution of dental imaging medical devices. Along with its subsidiaries, the Company manufactures and sells digital diagnostic systems and digital therapy solution products. Digital diagnostic systems include dental radiography equipments such as x-ray systems and cone beam computed tomography (CBCT) systems. Digital therapy solutions include three dimensional (3D) scanning, dental computer aided design (CAD), and 3D printers used in prosthodontics, orthodontics, and implant surgery. The Company distributes its products within domestic market and to overseas markets.

Number of employees: 218

Sales per Business

KRW in Million2022Weight2023Weight Delta
Advanced Medical Devices Product
84.6 %
109,197 84.7 % 123,477 84.6 % +13.08%
Advanced Medical Devices Merchandise
12.0 %
12,523 9.7 % 17,506 12.0 % +39.78%
Service
3.4 %
7,277 5.6 % 4,899 3.4 % -32.68%

Sales per region

KRW in Million2022Weight2023Weight Delta
Asia
47.8 %
67,166 52.1 % 69,665 47.8 % +3.72%
Europe
20.0 %
12,636 9.8 % 29,222 20.0 % +131.27%
United States
16.3 %
23,100 17.9 % 23,720 16.3 % +2.69%
South Korea
14.5 %
23,720 18.4 % 21,196 14.5 % -10.64%
Others
1.4 %
2,376 1.8 % 2,078 1.4 % -12.55%

Managers

Managers TitleAgeSince
Founder 51 04-10-05
Chief Tech/Sci/R&D Officer 51 08-05-31
Sales & Marketing 50 -
Comptroller/Controller/Auditor 56 -

Members of the board

Members of the board TitleAgeSince
Founder 51 04-10-05
Chief Tech/Sci/R&D Officer 51 08-05-31
Director/Board Member 52 06-09-30
Director/Board Member 51 -
Director/Board Member 55 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 15,396,774 10,835,075 ( 70.37 %) 0 70.37 %
Stock B 0 213,591 0 0

Shareholders

NameEquities%Valuation
4,226,934 27.66 % 41 M ₩
GIC Pte Ltd. (Investment Management)
6.129 %
936,803 6.129 % 9 M ₩
National Pension Service of Korea
5.475 %
836,740 5.475 % 8 M ₩
Mirae Asset Global Investments Co., Ltd.
5.192 %
793,568 5.192 % 8 M ₩
Polar Capital LLP
1.666 %
254,696 1.666 % 2 M ₩
Swedbank Robur Fonder AB
1.309 %
200,000 1.309 % 2 M ₩
Seven Canyons Advisors LLC
0.6772 %
103,500 0.6772 % 1 M ₩
93,638 0.6127 % 907 857 ₩
76,318 0.4993 % 739 933 ₩
59,596 0.3899 % 577 806 ₩

Holdings

NameEquities%Valuation
685,558 4.38% 974,198 $

Company contact information

Ray Co., Ltd.

332-7 Samsung 1-ro

18380, Hwaseong-si

+

http://www.raymedical.com
address Ray Co., Ltd.(A228670)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
12,830 KRW
Average target price
33,400 KRW
Spread / Average Target
+160.33%
Consensus

Quarterly revenue - Rate of surprise

-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW