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Zhejiang Double Arrow Rubber SZSE:002381 Stock Report

Last Price

CN¥6.63

Market Cap

CN¥2.8b

7D

-0.2%

1Y

-14.9%

Updated

22 Nov, 2024

Data

Company Financials +

Zhejiang Double Arrow Rubber Co., Ltd.

SZSE:002381 Stock Report

Market Cap: CN¥2.8b

Zhejiang Double Arrow Rubber Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Double Arrow Rubber
Historical stock prices
Current Share PriceCN¥6.63
52 Week HighCN¥8.67
52 Week LowCN¥5.50
Beta0.45
11 Month Change-2.21%
3 Month Change8.69%
1 Year Change-14.89%
33 Year Change-14.56%
5 Year Change-13.56%
Change since IPO-48.89%

Recent News & Updates

Zhejiang Double Arrow Rubber (SZSE:002381) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 05
Zhejiang Double Arrow Rubber (SZSE:002381) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Recent updates

Zhejiang Double Arrow Rubber (SZSE:002381) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 05
Zhejiang Double Arrow Rubber (SZSE:002381) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Zhejiang Double Arrow Rubber Co., Ltd.'s (SZSE:002381) Business And Shares Still Trailing The Market

Jun 06
Zhejiang Double Arrow Rubber Co., Ltd.'s (SZSE:002381) Business And Shares Still Trailing The Market

Additional Considerations Required While Assessing Zhejiang Double Arrow Rubber's (SZSE:002381) Strong Earnings

Apr 03
Additional Considerations Required While Assessing Zhejiang Double Arrow Rubber's (SZSE:002381) Strong Earnings

Shareholder Returns

002381CN ChemicalsCN Market
7D-0.2%0.9%-0.9%
1Y-14.9%-2.6%5.4%

Return vs Industry: 002381 underperformed the CN Chemicals industry which returned -2.6% over the past year.

Return vs Market: 002381 underperformed the CN Market which returned 5.4% over the past year.

Price Volatility

Is 002381's price volatile compared to industry and market?
002381 volatility
002381 Average Weekly Movement5.1%
Chemicals Industry Average Movement7.8%
Market Average Movement8.3%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.6%

Stable Share Price: 002381 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002381's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19862,284Huimin Shenwww.doublearrow.net

Zhejiang Double Arrow Rubber Co., Ltd. manufactures and sells rubber conveyor belt products in China and internationally. The company provides flame resistant, high temperature resistant, and anti-tear steel cord conveyor belt, as well as low rolling resistance energy-saving and steel cord pipe conveyor belt; and fabric, flame resistant fabric, straight warp, fabric pipe, high temperature resistant fabric, anti-tear fabric, oil resistant fabric, cold resistant fabric, acid-alkaline resistant fabric, anti-adhesion, profiled, and sidewall conveyor belts; and solid woven conveyor belt; as well as aramid belts.

Zhejiang Double Arrow Rubber Co., Ltd. Fundamentals Summary

How do Zhejiang Double Arrow Rubber's earnings and revenue compare to its market cap?
002381 fundamental statistics
Market capCN¥2.82b
Earnings (TTM)CN¥219.53m
Revenue (TTM)CN¥2.67b

12.4x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002381 income statement (TTM)
RevenueCN¥2.67b
Cost of RevenueCN¥2.16b
Gross ProfitCN¥510.76m
Other ExpensesCN¥291.22m
EarningsCN¥219.53m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin19.11%
Net Profit Margin8.21%
Debt/Equity Ratio30.5%

How did 002381 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

46%

Payout Ratio