Double Medical Technology Inc Market Cap ($2.48 Billion)
Market Cap & Net Worth: Double Medical Technology Inc (002901)
Double Medical Technology Inc market cap. Double Medical Technology Inc (SHE:002901) has a market capitalization of $2.48 Billion (CN¥16.93 Billion) as of November 4, 2026. Listed on the SHE stock exchange, this China-based company holds position #5307 globally and #878 in its home market, demonstrating a 4.02% increase 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¥40.89 by its total outstanding shares 414019506 (414.02 Million). Also see 002901 cash generation efficiency for how efficiently the company converts equity into cash flow.
Double Medical Technology Inc Market Cap History (2017–2026)
Double Medical Technology Inc market cap history from 2017 to 2026. Data shows growth from $2.12 Billion to $2.48 Billion (11.18% CAGR). Check Double Medical Technology Inc (002901) stock price for real-time trading data and today's change.
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. Explore how fast is Double Medical Technology Inc growing its equity to track how rapidly the company is growing its equity base year over year.
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 November 4, 2026. Also see Double Medical Technology Inc balance sheet assets for a full breakdown of the balance sheet.
Key companies related to Double Medical Technology Inc by market ranking:
- Abbott Laboratories (NYSE:ABT): Ranked #110 globally with a market cap of $191.55 Billion USD.
- Stryker Corporation (NYSE:SYK): Ranked #204 globally with a market cap of $117.68 Billion USD.
- Medtronic PLC (NYSE:MDT): Ranked #227 globally with a market cap of $109.30 Billion USD.
- Medtronic plc (SA:MDTC34): Ranked #240 globally with a market cap of $104.84 Billion USD ( R$534.32 Billion BRL).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #110 | Abbott Laboratories | NYSE:ABT | $191.55 Billion | $110.16 |
| #204 | Stryker Corporation | NYSE:SYK | $117.68 Billion | $306.81 |
| #227 | Medtronic PLC | NYSE:MDT | $109.30 Billion | $99.29 |
| #240 | Medtronic plc | SA:MDTC34 | $104.84 Billion | R$208.39 |
Market Capitalization of Double Medical Technology Inc (2017–2026)
Market capitalization of Double Medical Technology Inc from 2017 to today. Between 2017 and today, Double Medical Technology Inc's market cap moved from $2.12 Billion to $ 2.48 Billion, with a yearly change of 11.18%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥2.48 Billion | -13.68% |
| 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 Nov 3rd, 2026 the market cap of Double Medical Technology Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.48 Billion USD |
| MoneyControl | $2.48 Billion USD |
| MarketWatch | $2.48 Billion USD |
| marketcap.company | $2.48 Billion USD |
| Reuters | $2.48 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