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
According to Double Medical Technology Inc.’s latest financial reports and current stock price. The company's current ROE is 16.99%. This represents a change of 301.51% compared to the average of 4.23% of the last 4 quarters.
The mean historical ROE of Double Medical Technology Inc. over the last ten years is 23.03%. The current 16.99% ROE has changed -26.23% with respect to the historical average. Over the past ten years (40 quarters), 002901.SZ's ROE was at its highest in in the June 2017 quarter at 11.80%. The ROE was at its lowest in in the December 2022 quarter at -4.00%.
Average
23.03%
Median
26.30%
Minimum
1.93%
Maximum
42.97%
Discovering the peaks and valleys of Double Medical Technology Inc. ROE, 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 = 501.13%
Maximum Annual ROE = 42.97%
Minimum Annual Increase = -88.49%
Minimum Annual ROE = 1.93%
| Year | ROE | Change |
|---|---|---|
| 2024 | 11.59% | 501.13% |
| 2023 | 1.93% | -37.51% |
| 2022 | 3.09% | -88.49% |
| 2021 | 26.80% | -6.91% |
| 2020 | 28.79% | 6.49% |
| 2019 | 27.03% | 4.80% |
| 2018 | 25.80% | 7.12% |
| 2017 | 24.08% | -36.99% |
| 2016 | 38.22% | -11.05% |
| 2015 | 42.97% | -16.33% |
The current ROE of Double Medical Technology Inc. (002901.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.53%
5-year avg
14.44%
10-year avg
23.03%
Double Medical Technology Inc.’s ROE is less than iRay Technology Company Limited (10.72%), less than Topchoice Medical Corporation (12.35%), less than Liaoning Cheng Da Co., Ltd. (2.92%), less than Autobio Diagnostics Co., Ltd. (12.66%), less than Jafron Biomedical Co.,Ltd. (14.36%), less than Shenyang Xingqi Pharmaceutical Co.,Ltd (37.18%), less than Meinian Onehealth Healthcare Holdings Co., Ltd. (3.98%), less than DaShenLin Pharmaceutical Group Co., Ltd. (15.79%), greater than BGI Genomics Co., Ltd. (-8.71%), less than China Resources Double-Crane Pharmaceutical Co.,Ltd. (14.47%),
| Company | ROE | Market cap |
|---|---|---|
| 10.72% | $20.26B | |
| 12.35% | $18.69B | |
| 2.92% | $17.90B | |
| 12.66% | $20.66B | |
| 14.36% | $15.26B | |
| 37.18% | $17.90B | |
| 3.98% | $20.20B | |
| 15.79% | $20.31B | |
| -8.71% | $18.84B | |
| 14.47% | $19.37B |
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:
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.
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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Double Medical Technology Inc.'s ROE?
How is the ROE calculated for Double Medical Technology Inc. (002901.SZ)?
What is the highest ROE for Double Medical Technology Inc. (002901.SZ)?
What is the 3-year average ROE for Double Medical Technology Inc. (002901.SZ)?
What is the 5-year average ROE for Double Medical Technology Inc. (002901.SZ)?
How does the current ROE for Double Medical Technology Inc. (002901.SZ) compare to its historical average?