002901.SHE · Double Medical Technology Inc

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Admin

4 years, 5 months ago

Double Medical Technology Inc is currently in a long term downtrend where the price is trading 5.4% below its 200 day moving average.

From a valuation standpoint, the stock is 45.4% more expensive than other stocks from the Healthcare sector with a price to sales ratio of 14.0.

Double Medical Technology Inc's total revenue rose by 33.8% to $437M since the same quarter in the previous year.

Its net income has increased by 20.9% to $163M since the same quarter in the previous year.

Finally, its free cash flow grew by 32.0% to $83M since the same quarter in the previous year.

Based on the above factors, Double Medical Technology Inc gets an overall score of 3/5.

Sector	Healthcare
Industry	Medical Devices
Exchange	SHE
CurrencyCode	CNY
ISIN	CNE1000032W7

Market Cap	22B
PE Ratio	47.64
Target Price	43.82
Dividend Yield	0.8%
Beta	0.1

ABOUT

Double Medical Technology Inc

Double Medical Technology Inc. engages in the research, development, production, sale, and service of medical products in China. The company provides products for orthopedics, minimally invasive surgery, neurosurgery, maxillofacial, chest wall, hernia, wound repair surgery, and dentistry, as well as minimally invasive spinal endoscopy and regenerative medicine. It also exports its products to various countries and regions. The company was formerly known as Xiamen Da Bo Ying Jing Medical Equipment Company Limited. Double Medical Technology Inc. was incorporated in 2004 and is based in Xiamen, China.

002901.SHE · Double Medical Technology Inc

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Double Medical Technology Inc

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