Double Medical Technology

Double Medical Technology ROA

The Return on Assets (ROA) of Double Medical Technology (002901.SZ) as of Oct 20, 2026 is 12.18 %. In the previous year, Return on Assets (ROA) was 8.07 % — a change of 50.81% (higher).

ROA

12.18 %

YoY

50.81%

Last updated:

In 2025, Double Medical Technology's return on assets (ROA) was 12.18 %, a 50.81% increase from the 8.07 % ROA in the previous year.

The Double Medical Technology ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2018
22.31 CNY
Jan 1, 2019
20.79 CNY
Jan 1, 2020
22.89 CNY
Jan 1, 2021
19.92 CNY
Jan 1, 2022
2.35 CNY
Jan 1, 2023
1.27 CNY
Jan 1, 2024
8.07 CNY
Jan 1, 2025
12.18 CNY
The Double Medical Technology ROA history
YEARROAYoY
12.18 %+50.81%
8.07 %+535.40%
1.27 %-45.94%
2.35 %-88.20%
19.92 %-12.98%
22.89 %+10.11%
20.79 %-6.80%
22.31 %+4.79%
21.29 %-30.21%
30.50 %-9.25%
33.61 %+31.58%
25.54 %—

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Double Medical Technology Stock analysis

What does Double Medical Technology do? Double Medical Technology Inc, listed on the Shenzhen Stock Exchange under ticker 002901.SZ, operates in the Health Care sector with a focus on medical consumables. Headquartered in Xiamen, China, the company employs 3,793 full-time staff. It completed its initial public offering (IPO) on September 22, 2017. Double Medical Technology engages in the production, research and development, and sale of medical consumables, including orthopedic trauma implant materials, spinal implant materials, and nerve surgical implant materials. The company also manufactures surgical instruments. Its products are distributed both domestically within China and internationally. The firm's website is http://www.double-medical.com/. As a publicly traded entity, it provides medical products essential for surgical procedures and patient care, operating within the healthcare industry framework. The company's operations are centered around the development and supply of specialized medical devices and consumables, targeting healthcare providers and institutions globally. Double Medical Technology maintains a presence in both domestic and international markets, reflecting its strategic approach to market expansion and product distribution. Double Medical Technology is one of the most popular companies on Eulerpool.

ROA Details

Understanding Double Medical Technology's Return on Assets (ROA)

Double Medical Technology's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Double Medical Technology's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Double Medical Technology's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Double Medical Technology’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Double Medical Technology stock

Return on Assets (ROA) of Double Medical Technology is 12.18 % in 2025.

Return on Assets (ROA) of Double Medical Technology changed from 8.07 % to 12.18 %, representing a 50.81% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Double Medical Technology since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Double Medical Technology with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Double Medical Technology

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Double Medical Technology