Double Medical Technology Inc.

Double Medical Technology Inc.verified

002901.SZ

Price:

$48.3

Market Cap:

$19.64B

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.

Industry

Medical - Devices

IPO Date

2017-09-22

Stock Exchange

SHZ

Ticker

002901.SZ

The Current Ratio as of December 2025 (TTM) for Double Medical Technology Inc. (002901.SZ) is 3.77

According to Double Medical Technology Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.77. This represents a change of 14.54% compared to the average of 3.29 of the last 4 quarters.

Double Medical Technology Inc. (002901.SZ) Historical Current Ratio (quarterly & annually)

How has 002901.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Double Medical Technology Inc. over the last ten years is 4.59. The current 3.77 Current Ratio has changed 8.12% with respect to the historical average. Over the past ten years (40 quarters), 002901.SZ's Current Ratio was at its highest in in the September 2017 quarter at 11.75. The Current Ratio was at its lowest in in the September 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

4.59

Median

3.84

Minimum

2.73

Maximum

9.41

Double Medical Technology Inc. (002901.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Double Medical Technology Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 170.27%

Maximum Annual Current Ratio = 9.41

Minimum Annual Increase = -48.69%

Minimum Annual Current Ratio = 2.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.999.20%
20232.73-28.11%
20223.8014.65%
20213.32-25.73%
20204.4715.45%
20193.87-48.69%
20187.54-19.83%
20179.41122.79%
20164.2219.90%
20153.52170.27%

Double Medical Technology Inc. (002901.SZ) Average Current Ratio

How has 002901.SZ Current Ratio performed in the past?

The current Current Ratio of Double Medical Technology Inc. (002901.SZ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

3.18

5-year avg

3.46

10-year avg

4.59

Double Medical Technology Inc. (002901.SZ) Current Ratio vs. Peers

How is 002901.SZ’s Current Ratio compared to its peers?

Double Medical Technology Inc.’s Current Ratio is less than iRay Technology Company Limited (3.87), greater than Topchoice Medical Corporation (1.62), greater than Liaoning Cheng Da Co., Ltd. (1.10), greater than Autobio Diagnostics Co., Ltd. (2.58), less than Jafron Biomedical Co.,Ltd. (4.26), greater than Shenyang Xingqi Pharmaceutical Co.,Ltd (1.90), greater than Meinian Onehealth Healthcare Holdings Co., Ltd. (0.79), greater than DaShenLin Pharmaceutical Group Co., Ltd. (0.96), greater than BGI Genomics Co., Ltd. (2.81), greater than China Resources Double-Crane Pharmaceutical Co.,Ltd. (2.25),

Build a custom stock screener for Double Medical Technology Inc. (002901.SZ) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Double Medical Technology Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Double Medical Technology Inc. (002901.SZ) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Double Medical Technology Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Double Medical Technology Inc.'s Current Ratio?

How is the Current Ratio calculated for Double Medical Technology Inc. (002901.SZ)?

What is the highest Current Ratio for Double Medical Technology Inc. (002901.SZ)?

What is the 3-year average Current Ratio for Double Medical Technology Inc. (002901.SZ)?

What is the 5-year average Current Ratio for Double Medical Technology Inc. (002901.SZ)?

How does the current Current Ratio for Double Medical Technology Inc. (002901.SZ) compare to its historical average?