002901 Stock Overview
Provides services, technologies, and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery in China. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Double Medical Technology Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥31.03 |
| 52 Week High | CN¥40.30 |
| 52 Week Low | CN¥21.78 |
| Beta | 0.16 |
| 1 Month Change | -5.31% |
| 3 Month Change | -1.68% |
| 1 Year Change | -23.55% |
| 3 Year Change | -38.70% |
| 5 Year Change | -44.95% |
| Change since IPO | 86.37% |
Recent News & Updates
There Are Reasons To Feel Uneasy About Double Medical Technology's (SZSE:002901) Returns On Capital
Dec 18
Market Participants Recognise Double Medical Technology Inc.'s (SZSE:002901) Revenues Pushing Shares 29% Higher
Oct 01Is Double Medical Technology (SZSE:002901) A Risky Investment?
Sep 27Recent updates
There Are Reasons To Feel Uneasy About Double Medical Technology's (SZSE:002901) Returns On Capital
Dec 18Market Participants Recognise Double Medical Technology Inc.'s (SZSE:002901) Revenues Pushing Shares 29% Higher
Oct 01Is Double Medical Technology (SZSE:002901) A Risky Investment?
Sep 27Capital Allocation Trends At Double Medical Technology (SZSE:002901) Aren't Ideal
Sep 05Double Medical Technology (SZSE:002901) Seems To Use Debt Quite Sensibly
Jun 19Investors Could Be Concerned With Double Medical Technology's (SZSE:002901) Returns On Capital
May 28Shareholder Returns
| 002901 | CN Medical Equipment | CN Market | |
|---|---|---|---|
| 7D | 0.4% | 0.7% | 1.0% |
| 1Y | -23.6% | -12.1% | 8.2% |
Return vs Industry: 002901 underperformed the CN Medical Equipment industry which returned -11.6% over the past year.
Return vs Market: 002901 underperformed the CN Market which returned 8.3% over the past year.
Price Volatility
| 002901 volatility | |
|---|---|
| 002901 Average Weekly Movement | 5.5% |
| Medical Equipment Industry Average Movement | 7.3% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CN Market | 12.2% |
| 10% least volatile stocks in CN Market | 5.1% |
Stable Share Price: 002901 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 002901's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 4,033 | Jiong Luo | www.double-medical.com |
Double Medical Technology Inc. provides services, technologies, and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery in China. It also exports its products to approximately 50 countries and regions, including European Union, Russia, South America, Australia, Southeast Asia, the Middle East, and South Africa. The company was formerly known as Xiamen Da Bo Ying Jing Medical Equipment Company Limited.
Double Medical Technology Inc. Fundamentals Summary
| 002901 fundamental statistics | |
|---|---|
| Market cap | CN¥12.66b |
| Earnings (TTM) | CN¥201.13m |
| Revenue (TTM) | CN¥1.94b |
62.9x
P/E Ratio6.5x
P/S RatioIs 002901 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002901 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.94b |
| Cost of Revenue | CN¥655.36m |
| Gross Profit | CN¥1.28b |
| Other Expenses | CN¥1.08b |
| Earnings | CN¥201.13m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.49 |
| Gross Margin | 66.17% |
| Net Profit Margin | 10.38% |
| Debt/Equity Ratio | 11.2% |
How did 002901 perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield52%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 03:14 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Double Medical Technology Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zhu Chen | Citic Securities Co., Ltd. |
| Shuo Song | Citic Securities Co., Ltd. |
| Yuan Yuan Sun | Industrial Securities Co. Ltd. |