Double Medical Technology Inc (002901) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.060x

Based on the latest financial reports, Double Medical Technology Inc (002901) has a cash flow conversion efficiency ratio of 0.060x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥207.34 Million ≈ $30.34 Million USD) by net assets (CN¥3.44 Billion ≈ $503.01 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Double Medical Technology Inc - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how Double Medical Technology Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Double Medical Technology Inc (002901) total liabilities for a breakdown of total debt and financial obligations.

Double Medical Technology Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Double Medical Technology Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Dongguan Yiheda Automation Co. Ltd. SHE:301029	N/A
Plug Power Inc NASDAQ:PLUG	-0.060x
CLARIANT ADR 1/SF 4 F:CLRS	N/A
Almirall S.A. MC:ALM	0.060x
Shyam Metalics and Energy Limited NSE:SHYAMMETL	0.031x
Colbun SN:COLBUN	0.021x
SSAB AB (publ) ST:SSAB-A	0.078x
Array Digital Infrastructure, Inc. NYSE:AD	-0.078x

Annual Cash Flow Conversion Efficiency for Double Medical Technology Inc (2013–2024)

The table below shows the annual cash flow conversion efficiency of Double Medical Technology Inc from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see 002901 market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥3.18 Billion ≈ $465.57 Million	CN¥442.30 Million ≈ $64.72 Million	0.139x	+494.63%
2023-12-31	CN¥3.16 Billion ≈ $462.50 Million	CN¥73.89 Million ≈ $10.81 Million	0.023x	-43.45%
2022-12-31	CN¥3.11 Billion ≈ $454.62 Million	CN¥128.44 Million ≈ $18.80 Million	0.041x	-84.11%
2021-12-31	CN¥2.59 Billion ≈ $378.76 Million	CN¥673.26 Million ≈ $98.52 Million	0.260x	-0.13%
2020-12-31	CN¥2.13 Billion ≈ $312.26 Million	CN¥555.77 Million ≈ $81.33 Million	0.260x	+5.26%
2019-12-31	CN¥1.75 Billion ≈ $256.59 Million	CN¥433.88 Million ≈ $63.49 Million	0.247x	+7.72%
2018-12-31	CN¥1.46 Billion ≈ $213.33 Million	CN¥334.88 Million ≈ $49.00 Million	0.230x	-7.84%
2017-12-31	CN¥1.24 Billion ≈ $181.24 Million	CN¥308.70 Million ≈ $45.17 Million	0.249x	-30.19%
2016-12-31	CN¥580.13 Million ≈ $84.89 Million	CN¥207.13 Million ≈ $30.31 Million	0.357x	+27.78%
2015-12-31	CN¥441.78 Million ≈ $64.65 Million	CN¥123.44 Million ≈ $18.06 Million	0.279x	-49.27%
2014-12-31	CN¥274.36 Million ≈ $40.15 Million	CN¥151.12 Million ≈ $22.11 Million	0.551x	+16.16%
2013-12-31	CN¥224.61 Million ≈ $32.87 Million	CN¥106.51 Million ≈ $15.59 Million	0.474x	--

About Double Medical Technology Inc

SHE:002901 China Medical Devices

Market Cap

$2.63 Billion

CN¥17.97 Billion CNY

Market Cap Rank

#5344 Global

#1071 in China

Share Price

CN¥43.40

Change (1 day)

+2.58%

52-Week Range

CN¥35.27 - CN¥62.68

All Time High

CN¥114.55