David Medical(SZ:300314) Sou Hu Cai Jing·2025-03-28 09:43Core Viewpoint - David Medical's stock closed at 12.39 yuan, down 2.21%, with a rolling PE ratio of 40.49 times and a total market value of 3.568 billion yuan, indicating a relatively high valuation compared to the industry average [1] Company Overview - Ningbo David Medical Equipment Co., Ltd. specializes in obstetric and pediatric care equipment and minimally invasive surgical instruments, with key products including infant incubators, radiant warmers, jaundice treatment devices, jaundice detection devices, and minimally invasive surgical instruments [1] - The company has been recognized as a "Manufacturing Industry Single Champion Cultivation Enterprise" by the Ministry of Industry and Information Technology and is one of the first in the industry to obtain CMDC and CE certifications [1] - David Medical has received multiple awards for its products at domestic and international exhibitions, with several technologies being industry-leading or first in the country [1] Financial Performance - For the third quarter of 2024, the company reported operating revenue of 403 million yuan, a year-on-year decrease of 12.21%, and a net profit of 63.31 million yuan, down 48.44% year-on-year, with a gross profit margin of 56.78% [1] Industry Comparison - The average PE ratio for the medical device industry is 45.22 times, with a median of 32.57 times, positioning David Medical at the 81st rank within the industry [2] - The company's static PE ratio is 24.17 times, and its price-to-book ratio is 3.04 [2]