Double Medical Technology Inc
Double Medical Technology Inc. engages in the research, development, production, sale, and high-value medical consumables in China. The company provides products for orthopedics, minimally invasive surgery, neurosurgery, wound surgery, and dentistry, etc. It also exports its products to various countries and regions. The company was formerly known as Xiamen Da Bo Ying Jing Medical Equipment Compa… Read more
Double Medical Technology Inc - Asset Resilience Ratio
Double Medical Technology Inc (002901) has an Asset Resilience Ratio of 7.79% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2024)
This chart shows how Double Medical Technology Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Double Medical Technology Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥354.97 Million | 7.79% |
| Total Liquid Assets | CN¥354.97 Million | 7.79% |
Asset Resilience Insights
- Limited Liquidity: Double Medical Technology Inc maintains only 7.79% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Double Medical Technology Inc Industry Peers by Asset Resilience Ratio
Compare Double Medical Technology Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022 |
Medical Devices | 0.01% |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223 |
Medical Devices | 0.26% |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932 |
Medical Devices | 6.64% |
|
Shinhung
KO:004080 |
Medical Devices | 4.17% |
|
UMediC Group Berhad
KLSE:0256 |
Medical Devices | 1.48% |
|
Osang Healthcare Co.,Ltd
KQ:036220 |
Medical Devices | 9.34% |
|
HansBiomed Corporation
KQ:042520 |
Medical Devices | 9.13% |
|
JVM Co. Ltd
KQ:054950 |
Medical Devices | 41.09% |
Annual Asset Resilience Ratio for Double Medical Technology Inc (2013–2024)
The table below shows the annual Asset Resilience Ratio data for Double Medical Technology Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 3.91% | CN¥172.75 Million | CN¥4.42 Billion | -5.43pp |
| 2023-12-31 | 9.34% | CN¥433.20 Million | CN¥4.64 Billion | +0.23pp |
| 2022-12-31 | 9.11% | CN¥358.67 Million | CN¥3.94 Billion | -13.66pp |
| 2021-12-31 | 22.77% | CN¥769.71 Million | CN¥3.38 Billion | +3.66pp |
| 2020-12-31 | 19.11% | CN¥504.01 Million | CN¥2.64 Billion | +12.02pp |
| 2019-12-31 | 7.09% | CN¥158.74 Million | CN¥2.24 Billion | +6.90pp |
| 2018-12-31 | 0.20% | CN¥3.25 Million | CN¥1.67 Billion | +0.10pp |
| 2017-12-31 | 0.09% | CN¥1.29 Million | CN¥1.39 Billion | -22.92pp |
| 2016-12-31 | 23.02% | CN¥165.50 Million | CN¥719.06 Million | +10.96pp |
| 2015-12-31 | 12.06% | CN¥67.70 Million | CN¥561.32 Million | +7.68pp |
| 2014-12-31 | 4.38% | CN¥23.90 Million | CN¥545.28 Million | +4.33pp |
| 2013-12-31 | 0.05% | CN¥154.13K | CN¥296.19 Million | -- |