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Zhejiang Double Arrow Rubber SZSE:002381 Stock Report

Last Price

CN¥6.55

Market Cap

CN¥2.7b

7D

-0.5%

1Y

-16.0%

Updated

04 Jul, 2024

Data

Company Financials +

Zhejiang Double Arrow Rubber Co., Ltd.

SZSE:002381 Stock Report

Market Cap: CN¥2.7b

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¥6.55
52 Week HighCN¥8.67
52 Week LowCN¥5.50
Beta0.42
11 Month Change-7.22%
3 Month Change-18.84%
1 Year Change-16.03%
33 Year Change-18.94%
5 Year Change-16.88%
Change since IPO-49.50%

Recent News & Updates

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

Recent updates

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-0.5%-1.7%-1.4%
1Y-16.0%-24.3%-19.1%

Return vs Industry: 002381 exceeded the CN Chemicals industry which returned -24.3% over the past year.

Return vs Market: 002381 exceeded the CN Market which returned -19.1% over the past year.

Price Volatility

Is 002381's price volatile compared to industry and market?
002381 volatility
002381 Average Weekly Movement4.6%
Chemicals Industry Average Movement6.9%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 002381's share price has been volatile over the past 3 months.

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. researches, develops, produces, and sells rubber conveyor belt products in China and internationally. It provides fabric conveyor belts comprising aramid, straight wrap, fabric pipe, anti-tear fabric, anti-adhesion, profiled, and heat-resistant conveyor belts; and high temperature, flame, oil, cold, and acid-alkaline resistant fabric and steel cord conveyor 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¥2.70b
Earnings (TTM)CN¥237.03m
Revenue (TTM)CN¥2.62b

11.4x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002381 income statement (TTM)
RevenueCN¥2.62b
Cost of RevenueCN¥2.07b
Gross ProfitCN¥545.65m
Other ExpensesCN¥308.62m
EarningsCN¥237.03m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 30, 2024

Earnings per share (EPS)0.58
Gross Margin20.84%
Net Profit Margin9.05%
Debt/Equity Ratio28.2%

How did 002381 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

43%

Payout Ratio
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