Double Medical Technology Inc (SHE:002901) — Market Cap & Net Worth
Market Cap & Net Worth: Double Medical Technology Inc (002901)
Double Medical Technology Inc (SHE:002901) has a market capitalization of $2.59 Billion (CN¥17.68 Billion) as of August 5, 2026. Listed on the SHE stock exchange, this China-based company holds position #5294 globally and #916 in its home market, demonstrating a -1.82% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Double Medical Technology Inc's stock price CN¥42.70 by its total outstanding shares 414019506 (414.02 Million). See Double Medical Technology Inc (002901) reinvestment ratio to understand how much of operating cash flow is reinvested back into capital assets.
Double Medical Technology Inc Market Cap History: 2017 to 2026
Double Medical Technology Inc's market capitalization history from 2017 to 2026. Data shows growth from $2.12 Billion to $2.59 Billion (12.05% CAGR).
Double Medical Technology Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Double Medical Technology Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.10x
Double Medical Technology Inc's market cap is 1.10 times its annual revenue
Latest Price to Earnings (P/E) Ratio
4.79x
Double Medical Technology Inc's market cap is 4.79 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $2.12 Billion | $594.01 Million | $295.56 Million | 3.58x | 7.19x |
| 2018 | $1.69 Billion | $772.47 Million | $371.45 Million | 2.19x | 4.56x |
| 2019 | $3.44 Billion | $1.26 Billion | $465.49 Million | 2.73x | 7.38x |
| 2020 | $4.31 Billion | $1.59 Billion | $605.68 Million | 2.72x | 7.12x |
| 2021 | $2.99 Billion | $1.99 Billion | $673.31 Million | 1.50x | 4.45x |
| 2022 | $2.04 Billion | $1.43 Billion | $92.56 Million | 1.42x | 22.07x |
| 2023 | $2.44 Billion | $1.53 Billion | $58.96 Million | 1.59x | 41.32x |
| 2024 | $1.87 Billion | $2.14 Billion | $356.80 Million | 0.87x | 5.24x |
| 2025 | $2.87 Billion | $2.60 Billion | $599.63 Million | 1.10x | 4.79x |
Competitor Companies of 002901 by Market Capitalization
Companies near Double Medical Technology Inc in the global market cap rankings as of August 5, 2026.
Key companies related to Double Medical Technology Inc by market ranking:
- Abbott Laboratories (NYSE:ABT): Ranked #113 globally with a market cap of $186.27 Billion USD.
- Stryker Corporation (NYSE:SYK): Ranked #180 globally with a market cap of $130.57 Billion USD.
- Medtronic plc (SA:MDTC34): Ranked #233 globally with a market cap of $104.84 Billion USD ( R$534.32 Billion BRL).
- Medtronic PLC (NYSE:MDT): Ranked #239 globally with a market cap of $103.60 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #113 | Abbott Laboratories | NYSE:ABT | $186.27 Billion | $107.12 |
| #180 | Stryker Corporation | NYSE:SYK | $130.57 Billion | $341.20 |
| #233 | Medtronic plc | SA:MDTC34 | $104.84 Billion | R$208.39 |
| #239 | Medtronic PLC | NYSE:MDT | $103.60 Billion | $86.68 |
Double Medical Technology Inc Historical Marketcap From 2017 to 2026
Between 2017 and today, Double Medical Technology Inc's market cap moved from $2.12 Billion to $ 2.59 Billion, with a yearly change of 12.05%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.59 Billion | -9.86% |
| 2025 | CN¥2.87 Billion | +53.60% |
| 2024 | CN¥1.87 Billion | -23.30% |
| 2023 | CN¥2.44 Billion | +19.28% |
| 2022 | CN¥2.04 Billion | -31.77% |
| 2021 | CN¥2.99 Billion | -30.58% |
| 2020 | CN¥4.31 Billion | +25.45% |
| 2019 | CN¥3.44 Billion | +102.99% |
| 2018 | CN¥1.69 Billion | -20.26% |
| 2017 | CN¥2.12 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 4th, 2026 the market cap of Double Medical Technology Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.59 Billion USD |
| MoneyControl | $2.59 Billion USD |
| MarketWatch | $2.59 Billion USD |
| marketcap.company | $2.59 Billion USD |
| Reuters | $2.59 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Double Medical Technology Inc
Double Medical Technology Inc. engages in the research, development, production, and sale of high-value medical consumables in China. The company offers orthopedic trauma implants, spinal implants, joint implants, sports medicine and neurosurgery implants, minimally invasive surgical implants, and dental implants. It also exports its products. The company was formerly known as Xiamen Da Bo Ying J… Read more