2901 Stock Overview
Double Medical Technology Inc. provides services, technologies, and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery in China.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 2901 from our risk checks.
Double Medical Technology Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥29.52 |
| 52 Week High | CN¥41.38 |
| 52 Week Low | CN¥23.04 |
| Beta | 0.13 |
| 1 Month Change | -2.41% |
| 3 Month Change | -9.17% |
| 1 Year Change | -26.38% |
| 3 Year Change | -54.09% |
| 5 Year Change | -8.61% |
| Change since IPO | 77.30% |
Recent News & Updates
Recent updates
Shareholder Returns
| 2901 | CN Medical Equipment | CN Market | |
|---|---|---|---|
| 7D | -1.2% | 5.4% | 1.6% |
| 1Y | -26.4% | -16.4% | -15.1% |
Return vs Industry: 002901 underperformed the CN Medical Equipment industry which returned -16.4% over the past year.
Return vs Market: 002901 underperformed the CN Market which returned -15.1% over the past year.
Price Volatility
| 2901 volatility | |
|---|---|
| 2901 Average Weekly Movement | 7.4% |
| Medical Equipment Industry Average Movement | 8.0% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in CN Market | 12.6% |
| 10% least volatile stocks in CN Market | 5.3% |
Stable Share Price: 002901's share price has been volatile over the past 3 months.
Volatility Over Time: 002901's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 3,793 | 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
| 2901 fundamental statistics | |
|---|---|
| Market cap | CN¥12.22b |
| Earnings (TTM) | -CN¥22.61m |
| Revenue (TTM) | CN¥1.32b |
9.2x
P/S Ratio-540.5x
P/E RatioIs 2901 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2901 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.32b |
| Cost of Revenue | CN¥467.49m |
| Gross Profit | CN¥857.19m |
| Other Expenses | CN¥879.80m |
| Earnings | -CN¥22.61m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
Apr 30, 2024
| Earnings per share (EPS) | -0.055 |
| Gross Margin | 64.71% |
| Net Profit Margin | -1.71% |
| Debt/Equity Ratio | 14.5% |
How did 2901 perform over the long term?
See historical performance and comparison