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Double Medical Technology XSEC:002901 Stock Report

Last Price

CN¥32.41

Market Cap

CN¥13.2b

7D

-3.3%

1Y

-20.0%

Updated

26 Nov, 2024

Data

Company Financials +

Double Medical Technology Inc.

XSEC:002901 Stock Report

Market Cap: CN¥13.2b

002901 Stock Overview

Provides services, technologies, and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery in China. More details

002901 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance1/6
Financial Health5/6
Dividends2/6

Double Medical Technology Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Double Medical Technology
Historical stock prices
Current Share PriceCN¥32.41
52 Week HighCN¥41.38
52 Week LowCN¥21.78
Beta0.14
11 Month Change-4.96%
3 Month Change44.75%
1 Year Change-20.01%
33 Year Change-31.39%
5 Year Change-46.02%
Change since IPO-12.14%

Recent News & Updates

Recent updates

Shareholder Returns

002901CN Medical EquipmentCN Market
7D-3.3%-0.9%-0.6%
1Y-20.0%-10.6%3.2%

Return vs Industry: 002901 underperformed the CN Medical Equipment industry which returned -10.6% over the past year.

Return vs Market: 002901 underperformed the CN Market which returned 3.2% over the past year.

Price Volatility

Is 002901's price volatile compared to industry and market?
002901 volatility
002901 Average Weekly Movement6.7%
Medical Equipment Industry Average Movement8.6%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.7%

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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20044,033Jiong Luowww.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

How do Double Medical Technology's earnings and revenue compare to its market cap?
002901 fundamental statistics
Market capCN¥13.22b
Earnings (TTM)CN¥201.13m
Revenue (TTM)CN¥1.94b

65.7x

P/E Ratio

6.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002901 income statement (TTM)
RevenueCN¥1.94b
Cost of RevenueCN¥655.36m
Gross ProfitCN¥1.28b
Other ExpensesCN¥1.08b
EarningsCN¥201.13m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.49
Gross Margin66.17%
Net Profit Margin10.38%
Debt/Equity Ratio11.2%

How did 002901 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

52%

Payout Ratio