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. See debt-free asset ratio of Double Medical Technology Inc to measure how much of total assets are equity-financed.

Double Medical Technology Inc - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Double Medical Technology Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 002901 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
AXT Inc NASDAQ:AXTI	-0.027x
SCG PACKAGING -NVDR- BA1 F:5Y7	0.039x
Valiant Holding AG SW:VATN	0.005x
Trustmark Corporation NASDAQ:TRMK	0.013x
Guangxi Liugong Machinery Co Ltd SHE:000528	0.011x
Wuhan Raycus Fiber Laser Technologies Co Ltd Class A SHE:300747	0.033x
Xinyi Solar Holdings Ltd F:13X	0.042x
Russel Metals Inc. TO:RUS	0.066x

Annual Cash Flow Conversion Efficiency for Double Medical Technology Inc (2013–2025)

The table below shows the annual cash flow conversion efficiency of Double Medical Technology Inc from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see Double Medical Technology Inc market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥3.69 Billion ≈ $539.27 Million	CN¥831.34 Million ≈ $121.65 Million	0.226x	+62.27%
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	-43.46%
2022-12-31	CN¥3.11 Billion ≈ $454.56 Million	CN¥128.44 Million ≈ $18.80 Million	0.041x	-84.10%
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

$2.62 Billion

CN¥17.89 Billion CNY

Market Cap Rank

#5233 Global

#904 in China

Share Price

CN¥43.20

Change (1 day)

-2.28%

52-Week Range

CN¥39.92 - CN¥62.68

All Time High

CN¥114.55