Double Medical (China) Today
| 002901 Stock | 32.65 0.42 1.30% |
PerformanceWeak
| Odds Of DistressLow
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Double Medical is trading at 32.65 as of the 26th of March 2025, a 1.30 percent increase since the beginning of the trading day. The stock's open price was 32.23. Double Medical has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 26th of December 2024 and ending today, the 26th of March 2025. Click here to learn more.
Business Domain Health Care Equipment & Services | Category Healthcare | Classification Health Care |
Double Medical is entity of China. It is traded as Stock on SHE exchange. The company has 414.02 M outstanding shares. More on Double Medical Technology
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Double Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Double Medical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Double Medical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Drugs (View all Themes) | ||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Drugs, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors) | ||||
Double Medical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Double Medical's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsDouble Medical can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Double Medical's financial leverage. It provides some insight into what part of Double Medical's total assets is financed by creditors.
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Double Medical Technology (002901) is traded on Shenzhen Stock Exchange in China and employs 4,033 people. Double Medical is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 13.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Double Medical's market, we take the total number of its shares issued and multiply it by Double Medical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Double Medical Technology operates under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 414.02 M outstanding shares.
Double Medical generates positive cash flow from operations, but has no cash available
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Ownership AllocationDouble Medical holds a total of 414.02 Million outstanding shares. Double Medical Technology shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 86.31 percent of Double Medical Technology outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Double Medical Technology Risk Profiles
Although Double Medical's alpha and beta are two of the key measurements used to evaluate Double Medical's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.3 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.84 |
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Double Medical financial ratios help investors to determine whether Double Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Double with respect to the benefits of owning Double Medical security.