002381 Stock Overview
Manufactures and sells rubber conveyor belt products in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
My Notes
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Zhejiang Double Arrow Rubber Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥6.64 |
| 52 Week High | CN¥8.67 |
| 52 Week Low | CN¥5.50 |
| Beta | 0.41 |
| 1 Month Change | 0.76% |
| 3 Month Change | 0.61% |
| 1 Year Change | 2.15% |
| 3 Year Change | -10.99% |
| 5 Year Change | -17.31% |
| Change since IPO | -48.81% |
Recent News & Updates
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 Co., Ltd.'s (SZSE:002381) Business And Shares Still Trailing The Market
Jun 06Additional Considerations Required While Assessing Zhejiang Double Arrow Rubber's (SZSE:002381) Strong Earnings
Apr 03Shareholder Returns
| 002381 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | 0.8% | 0.04% | -0.9% |
| 1Y | 2.2% | 16.2% | 22.0% |
Return vs Industry: 002381 underperformed the CN Chemicals industry which returned 16.2% over the past year.
Return vs Market: 002381 underperformed the CN Market which returned 22% over the past year.
Price Volatility
| 002381 volatility | |
|---|---|
| 002381 Average Weekly Movement | 5.0% |
| Chemicals Industry Average Movement | 6.4% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in CN Market | 10.7% |
| 10% least volatile stocks in CN Market | 4.0% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 2,284 | Huimin Shen | www.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
| 002381 fundamental statistics | |
|---|---|
| Market cap | CN¥2.73b |
| Earnings (TTM) | CN¥219.53m |
| Revenue (TTM) | CN¥2.67b |
12.4x
P/E Ratio1.0x
P/S RatioIs 002381 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002381 income statement (TTM) | |
|---|---|
| Revenue | CN¥2.67b |
| Cost of Revenue | CN¥2.16b |
| Gross Profit | CN¥510.76m |
| Other Expenses | CN¥291.22m |
| Earnings | CN¥219.53m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Apr 03, 2025
| Earnings per share (EPS) | 0.53 |
| Gross Margin | 19.11% |
| Net Profit Margin | 8.21% |
| Debt/Equity Ratio | 30.5% |
How did 002381 perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield46%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 03:31 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Double Arrow Rubber Co., Ltd. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bing Gao | China International Capital Corporation Limited |
| Yunxin Li | Guosen Securities Co., Ltd. |
| Huaichao Zhuang | Haitong International Research Limited |