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Double Medical Technology (SZSE:002901) Gross-Profit-to-Asset % : 36.01% (As of Sep. 2024)


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What is Double Medical Technology Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Double Medical Technology's annualized Gross Profit for the quarter that ended in Sep. 2024 was ¥1,610 Mil. Double Medical Technology's average Total Assets over the quarter that ended in Sep. 2024 was ¥4,472 Mil. Therefore, Double Medical Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 36.01%.


Double Medical Technology Gross-Profit-to-Asset % Historical Data

The historical data trend for Double Medical Technology's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Double Medical Technology Gross-Profit-to-Asset % Chart

Double Medical Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.15 55.79 55.87 30.07 24.27

Double Medical Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.31 24.83 25.16 31.06 36.01

Competitive Comparison of Double Medical Technology's Gross-Profit-to-Asset %

For the Medical Devices subindustry, Double Medical Technology's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Double Medical Technology's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Double Medical Technology's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Double Medical Technology's Gross-Profit-to-Asset % falls into.



Double Medical Technology Gross-Profit-to-Asset % Calculation

Double Medical Technology's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1040.882/( (3937.518+4639.741)/ 2 )
=1040.882/4288.6295
=24.27 %

Double Medical Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1610.416/( (4483.036+4460.832)/ 2 )
=1610.416/4471.934
=36.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Double Medical Technology Gross-Profit-to-Asset % Related Terms

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Double Medical Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Hongdong Road, Haicang District, Fujian Province, Shanbian, Xiamen, CHN, 361027
Double Medical Technology Inc provides services and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery. It offers product related to Trauma, Spinal and joint. The business activities are carried out through China.
Executives
Chen Dan He Executives
Han Shao Jian Executives
Ruan Dong Yang Executives
Luo Jiong Directors, executives
Hua Xian Nan Secretary Dong
Li Hui Independent director
Zhan Huan Huan Supervisors

Double Medical Technology Headlines

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