Double Medical Technology Inc. Logo

Double Medical Technology Inc.

002901.SZ

(1.0)
Stock Price

32,63 CNY

2.42% ROA

3.35% ROE

138.64x PER

Market Cap.

14.374.739.680,00 CNY

12.98% DER

0.72% Yield

5.99% NPM

Double Medical Technology Inc. Stock Analysis

Double Medical Technology Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Double Medical Technology Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (15%), which means it has a small amount of debt compared to the ownership it holds

2 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 ROE

Negative ROE (-0.6%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (-0.43%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

5 PBV

The stock's elevated P/BV ratio (5.08x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

8 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-1.724) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Double Medical Technology Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Double Medical Technology Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Double Medical Technology Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Double Medical Technology Inc. Revenue
Year Revenue Growth
2013 202.654.587
2014 298.891.503 32.2%
2015 391.825.235 23.72%
2016 462.663.858 15.31%
2017 594.014.625 22.11%
2018 772.469.529 23.1%
2019 1.257.317.998 38.56%
2020 1.586.860.209 20.77%
2021 1.994.333.825 20.43%
2022 1.434.099.180 -39.07%
2023 1.503.178.456 4.6%
2023 1.518.759.705 1.03%
2024 2.120.304.596 28.37%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Double Medical Technology Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2013 0
2014 23.797.887 100%
2015 35.782.903 33.49%
2016 39.959.022 10.45%
2017 53.662.383 25.54%
2018 64.809.984 17.2%
2019 100.377.356 35.43%
2020 128.023.696 21.59%
2021 167.067.162 23.37%
2022 256.717.036 34.92%
2023 264.998.209 3.12%
2023 273.751.426 3.2%
2024 290.528.436 5.77%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Double Medical Technology Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2013 29.107.494
2014 6.029.208 -382.77%
2015 10.725.272 43.79%
2016 14.721.110 27.14%
2017 9.167.388 -60.58%
2018 12.745.665 28.07%
2019 14.203.304 10.26%
2020 16.467.072 13.75%
2021 23.188.757 28.99%
2022 38.930.806 40.44%
2023 306.113.306 87.28%
2023 31.535.016 -870.71%
2024 -67.118.341 146.98%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Double Medical Technology Inc. EBITDA
Year EBITDA Growth
2013 107.336.640
2014 186.637.057 42.49%
2015 237.513.473 21.42%
2016 265.903.688 10.68%
2017 381.702.824 30.34%
2018 476.734.581 19.93%
2019 607.371.728 21.51%
2020 771.379.401 21.26%
2021 897.912.411 14.09%
2022 256.011.762 -250.73%
2023 74.748.047 -242.5%
2023 202.189.140 63.03%
2024 490.050.600 58.74%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Double Medical Technology Inc. Gross Profit
Year Gross Profit Growth
2013 160.672.090
2014 239.460.150 32.9%
2015 317.507.079 24.58%
2016 379.199.392 16.27%
2017 493.412.794 23.15%
2018 621.037.075 20.55%
2019 1.076.395.834 42.3%
2020 1.362.629.634 21.01%
2021 1.683.277.502 19.05%
2022 1.100.179.381 -53%
2023 939.333.129 -17.12%
2023 990.966.883 5.21%
2024 1.351.229.524 26.66%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Double Medical Technology Inc. Net Profit
Year Net Profit Growth
2013 96.812.045
2014 139.289.565 30.5%
2015 188.507.182 26.11%
2016 219.328.243 14.05%
2017 295.556.287 25.79%
2018 371.453.093 20.43%
2019 465.490.905 20.2%
2020 605.684.140 23.15%
2021 673.309.413 10.04%
2022 92.555.276 -627.47%
2023 16.722.359 -453.48%
2023 58.972.461 71.64%
2024 306.060.356 80.73%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Double Medical Technology Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2013 0
2014 3 100%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 100%
2020 2 0%
2021 2 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Double Medical Technology Inc. Free Cashflow
Year Free Cashflow Growth
2013 77.046.142
2014 70.378.318 -9.47%
2015 46.911.923 -50.02%
2016 173.780.940 73.01%
2017 271.814.415 36.07%
2018 231.495.661 -17.42%
2019 114.587.996 -102.02%
2020 418.637.466 72.63%
2021 438.152.520 4.45%
2022 -156.626.971 379.74%
2023 8.182.789 2014.1%
2023 -219.926.253 103.72%
2024 35.638.239 717.11%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Double Medical Technology Inc. Operating Cashflow
Year Operating Cashflow Growth
2013 106.507.183
2014 151.116.863 29.52%
2015 123.443.347 -22.42%
2016 207.128.436 40.4%
2017 308.700.299 32.9%
2018 334.876.268 7.82%
2019 433.877.268 22.82%
2020 555.769.602 21.93%
2021 673.261.691 17.45%
2022 128.444.750 -424.16%
2023 67.470.106 -90.37%
2023 85.790.289 21.35%
2024 85.753.151 -0.04%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Double Medical Technology Inc. Capital Expenditure
Year Capital Expenditure Growth
2013 29.461.041
2014 80.738.544 63.51%
2015 76.531.424 -5.5%
2016 33.347.495 -129.5%
2017 36.885.884 9.59%
2018 103.380.607 64.32%
2019 319.289.271 67.62%
2020 137.132.136 -132.83%
2021 235.109.171 41.67%
2022 285.071.721 17.53%
2023 59.287.317 -380.83%
2023 305.716.542 80.61%
2024 50.114.912 -510.03%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Double Medical Technology Inc. Equity
Year Equity Growth
2013 224.609.917
2014 274.355.106 18.13%
2015 441.783.634 37.9%
2016 580.127.092 23.85%
2017 1.238.540.001 53.16%
2018 1.457.842.915 15.04%
2019 1.753.462.956 16.86%
2020 2.133.938.985 17.83%
2021 2.588.387.402 17.56%
2022 3.106.761.518 16.69%
2023 3.160.661.119 1.71%
2023 3.209.691.434 1.53%
2024 3.206.982.379 -0.08%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Double Medical Technology Inc. Assets
Year Assets Growth
2013 296.188.222
2014 545.277.000 45.68%
2015 561.321.836 2.86%
2016 719.061.007 21.94%
2017 1.388.340.443 48.21%
2018 1.665.064.091 16.62%
2019 2.238.773.031 25.63%
2020 2.637.596.622 15.12%
2021 3.379.858.314 21.96%
2022 3.937.639.963 14.17%
2023 4.639.740.860 15.13%
2023 4.502.653.482 -3.04%
2024 4.483.036.476 -0.44%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Double Medical Technology Inc. Liabilities
Year Liabilities Growth
2013 71.578.304
2014 270.921.892 73.58%
2015 119.538.200 -126.64%
2016 138.933.914 13.96%
2017 149.800.441 7.25%
2018 207.221.175 27.71%
2019 485.310.074 57.3%
2020 503.657.636 3.64%
2021 791.470.911 36.36%
2022 830.878.443 4.74%
2023 1.428.951.013 41.85%
2023 1.292.962.048 -10.52%
2024 1.227.265.858 -5.35%

Double Medical Technology Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.18
Net Income per Share
0.25
Price to Earning Ratio
138.64x
Price To Sales Ratio
8.3x
POCF Ratio
51.54
PFCF Ratio
-2569.04
Price to Book Ratio
4.65
EV to Sales
7.97
EV Over EBITDA
64.25
EV to Operating CashFlow
49.45
EV to FreeCashFlow
-2464.54
Earnings Yield
0.01
FreeCashFlow Yield
-0
Market Cap
14,37 Bil.
Enterprise Value
13,79 Bil.
Graham Number
6.49
Graham NetNet
2.38

Income Statement Metrics

Net Income per Share
0.25
Income Quality
2.69
ROE
0.03
Return On Assets
0.02
Return On Capital Employed
0.03
Net Income per EBT
0.67
EBT Per Ebit
1.7
Ebit per Revenue
0.05
Effective Tax Rate
0.13

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.17
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.65
Operating Profit Margin
0.05
Pretax Profit Margin
0.09
Net Profit Margin
0.06

Dividends

Dividend Yield
0.01
Dividend Yield %
0.72
Payout Ratio
0.77
Dividend Per Share
0.25

Operating Metrics

Operating Cashflow per Share
0.67
Free CashFlow per Share
-0.01
Capex to Operating CashFlow
1.02
Capex to Revenue
0.16
Capex to Depreciation
2.74
Return on Invested Capital
0.02
Return on Tangible Assets
0.02
Days Sales Outstanding
62.09
Days Payables Outstanding
175.77
Days of Inventory on Hand
729.05
Receivables Turnover
5.88
Payables Turnover
2.08
Inventory Turnover
0.5
Capex per Share
0.69

Balance Sheet

Cash per Share
3,35
Book Value per Share
7,86
Tangible Book Value per Share
7.38
Shareholders Equity per Share
7.47
Interest Debt per Share
0.99
Debt to Equity
0.13
Debt to Assets
0.09
Net Debt to EBITDA
-2.72
Current Ratio
2.95
Tangible Asset Value
3,06 Bil.
Net Current Asset Value
1,71 Bil.
Invested Capital
3271425065
Working Capital
1,94 Bil.
Intangibles to Total Assets
0.04
Average Receivables
0,28 Bil.
Average Payables
0,29 Bil.
Average Inventory
1200744494.5
Debt to Market Cap
0.03

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Double Medical Technology Inc. Dividends
Year Dividends Growth
2018 0
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2024 0 0%

Double Medical Technology Inc. Profile

About Double Medical Technology Inc.

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. was founded in 2004 and is based in Xiamen, the People's Republic of China.

CEO
Mr. Jiong Luo
Employee
4.033
Address
No. 18, Shanbianhong East Road
Xiamen, 361026

Double Medical Technology Inc. Executives & BODs

Double Medical Technology Inc. Executives & BODs
# Name Age
1 Xiannan Hua
Board Secretary
70
2 Mr. Dong Yang Ruan
Administrative Director
70
3 Ms. Danhe Chen
Financial Director & Accounting Supervisor
70
4 Mr. Shao Jian Han
R & D Director
70
5 Mr. Jiong Luo
GM & Director
70

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