Zhejiang Double Arrow Rubber Co., Ltd.

SZSE:002381 Stock Report

Market Cap: CN¥2.9b

Zhejiang Double Arrow Rubber Past Earnings Performance

Past criteria checks 3/6

Zhejiang Double Arrow Rubber's earnings have been declining at an average annual rate of -7.9%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 12.8% per year. Zhejiang Double Arrow Rubber's return on equity is 10.1%, and it has net margins of 8.2%.

Key information

-7.9%

Earnings growth rate

-7.6%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate12.8%
Return on equity10.1%
Net Margin8.2%
Last Earnings Update30 Sep 2024

Recent past performance 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

Revenue & Expenses Breakdown

How Zhejiang Double Arrow Rubber makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002381 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,67322021284
30 Jun 242,66725021389
31 Mar 242,61823721588
31 Dec 232,59324221089
30 Sep 232,49319120788
30 Jun 232,46715819783
31 Mar 232,37313617681
01 Jan 232,33511417376
30 Sep 222,2799415372
30 Jun 222,14311415264
31 Mar 222,02012316158
01 Jan 221,91614915759
30 Sep 211,87022313659
30 Jun 211,83926214358
31 Mar 211,89032014758
31 Dec 201,81131514054
30 Sep 201,69329317646
30 Jun 201,62127216849
31 Mar 201,42224914344
31 Dec 191,52524916247
30 Sep 191,44722315950
30 Jun 191,42720615248
31 Mar 191,45519116045
31 Dec 181,35815614540
30 Sep 181,33014813838
30 Jun 181,24412212450
31 Mar 181,16412113741
31 Dec 171,13811315534
30 Sep 171,1097918724
30 Jun 171,100732240
31 Mar 171,137482420
31 Dec 161,072542360
30 Sep 161,010802050
30 Jun 161,009991850
31 Mar 16962991650
31 Dec 159541071540
30 Sep 151,0541251620
30 Jun 151,0491201680
31 Mar 151,0821261590
31 Dec 141,1021331590
30 Sep 141,1191341520
30 Jun 141,1341451440
31 Mar 141,1221451450
31 Dec 131,1331441470

Quality Earnings: 002381 has a high level of non-cash earnings.

Growing Profit Margin: 002381's current net profit margins (8.2%) are higher than last year (7.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002381's earnings have declined by 7.9% per year over the past 5 years.

Accelerating Growth: 002381's earnings growth over the past year (15.1%) exceeds its 5-year average (-7.9% per year).

Earnings vs Industry: 002381 earnings growth over the past year (15.1%) exceeded the Chemicals industry -4.7%.


Return on Equity

High ROE: 002381's Return on Equity (10.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:47
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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.

AnalystInstitution
Bing GaoChina International Capital Corporation Limited
Yunxin LiGuosen Securities Co., Ltd.
Huaichao ZhuangHaitong International Research Limited