Double Medical Technology Stock Total Asset

002901 Stock   32.54  0.06  0.18%   
Double Medical Technology fundamentals help investors to digest information that contributes to Double Medical's financial success or failures. It also enables traders to predict the movement of Double Stock. The fundamental analysis module provides a way to measure Double Medical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Double Medical stock.
Last ReportedProjected for Next Year
Total Assets4.6 B2.8 B
As of December 10, 2024, Total Assets is expected to decline to about 2.8 B.
  
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Double Medical Technology Company Total Asset Analysis

Double Medical's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Double Medical Total Asset

    
  4.64 B  
Most of Double Medical's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Double Medical Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Double Net Tangible Assets

Net Tangible Assets

1.48 Billion

At present, Double Medical's Net Tangible Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Double Medical Technology has a Total Asset of 4.64 B. This is 38.3% lower than that of the Health Care Equipment & Supplies sector and 26.56% lower than that of the Health Care industry. The total asset for all China stocks is 84.25% higher than that of the company.

Double Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Double Medical's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Double Medical could also be used in its relative valuation, which is a method of valuing Double Medical by comparing valuation metrics of similar companies.
Double Medical is currently under evaluation in total asset category among its peers.

Double Fundamentals

About Double Medical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Double Medical Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Double Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Double Medical Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Double Stock

Double Medical financial ratios help investors to determine whether Double Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Double with respect to the benefits of owning Double Medical security.