002381.SZ
Zhejiang Double Arrow Rubber Co., Ltd. [002381.SZ] Stock Forecast
Buy or Sell ? Support and Resistance
What is MACD and how to read it?
How RSI can help?
RSI : 000
002381.SZ Stock Summary
Top 10 Correlated ETFs
002381.SZ
Top 10 Correlated Stocks
002381.SZ
In the News
002381.SZ Financial details
Company Rating
Buy
Market Cap
3.44B
Income
241.83M
Revenue
2.59B
Book val./share
5.16
Cash/share
1.64
Dividend
0.2
Dividend %
2.62%
Employees
2.28K
Optionable
No
Shortable
Yes
Earnings
27 Apr 2024
P/E
17.27
Forward P/E
-
PEG
1.56
P/S
1.28
P/B
1.61
P/C
5.05
P/FCF
42.56
Quick Ratio
1.72
Current Ratio
2.25
Debt / Equity
0.39
LT Debt / Equity
0.25
-
-
EPS (TTM)
0.59
EPS next Y
-
EPS next Q
-
EPS this Y
110.71%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-0.34%
Revenue last 5Y
11.06%
Revenue Q/Q
12.01%
EPS Q/Q
26.67%
-
-
-
-
SMA20
-
SMA50
-
SMA100
-
Inst Own
-
Inst Trans
-
ROA
5%
ROE
10%
ROC
0.09%
Gross Margin
20%
Oper. Margin
10%
Profit Margin
8%
Payout
44%
Shs Outstand
-
Shs Float
-
-
-
-
-
Target Price
-
52W Range
5.5-8.55
52W High
+3.5%
52W Low
+65.6%
RSI
59
Rel Volume
0.68
Avg Volume
11.89M
Volume
8.05M
Perf Week
-0.24%
Perf Month
17.28%
Perf Quarter
16.29%
Perf Half Y
12.81%
-
-
-
-
Beta
0.462
-
-
Volatility
0.16%, 0.37%
Prev Close
1.22%
Price
8.28
Change
2.22%
002381.SZ Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2023-12-31
| Metric | History | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 3.68 | 4.4 | 4.66 | 5.67 | 6.26 | |
| Net income per share | 0.6 | 0.77 | 0.36 | 0.28 | 0.59 | |
| Operating cash flow per share | 0.66 | 0.89 | 0.36 | 0.4 | 0.29 | |
| Free cash flow per share | 0.48 | 0.57 | -0.36 | 0 | -0.37 | |
| Cash per share | 1.54 | 1.78 | 1.21 | 2.99 | 1.64 | |
| Book value per share | 4.29 | 4.78 | 4.64 | 4.77 | 5.16 | |
| Tangible book value per share | 4.21 | 4.64 | 4.27 | 4.28 | 4.9 | |
| Share holders equity per share | 4.29 | 4.78 | 4.64 | 4.77 | 5.16 | |
| Interest debt per share | 0 | 0.55 | 0.24 | 1.48 | 2.07 | |
| Market cap | 3.51B | 3.43B | 3.33B | 2.63B | 3.23B | |
| Enterprise value | 3.08B | 2.95B | 2.93B | 2.33B | 3.57B | |
| P/E ratio | 14.12 | 10.87 | 22.34 | 23.08 | 13.34 | |
| Price to sales ratio | 2.3 | 1.89 | 1.74 | 1.12 | 1.25 | |
| POCF ratio | 12.84 | 9.35 | 22.35 | 15.81 | 26.8 | |
| PFCF ratio | 17.49 | 14.7 | -22.16 | 2.1K | -20.93 | |
| P/B Ratio | 1.98 | 1.74 | 1.74 | 1.34 | 1.52 | |
| PTB ratio | 1.98 | 1.74 | 1.74 | 1.34 | 1.52 | |
| EV to sales | 2.02 | 1.63 | 1.53 | 1 | 1.38 | |
| Enterprise value over EBITDA | 8.9 | 6.84 | 10.81 | 8.51 | 11 | |
| EV to operating cash flow | 11.28 | 8.04 | 19.66 | 14 | 29.61 | |
| EV to free cash flow | 15.37 | 12.64 | -19.5 | 1.86K | -23.12 | |
| Earnings yield | 0.07 | 0.09 | 0.04 | 0.04 | 0.07 | |
| Free cash flow yield | 0.06 | 0.07 | -0.05 | 0 | -0.05 | |
| Debt to equity | 0 | 0.12 | 0.05 | 0.3 | 0.39 | |
| Debt to assets | 0 | 0.09 | 0.03 | 0.17 | 0.22 | |
| Net debt to EBITDA | -1.23 | -1.11 | -1.48 | -1.1 | 1.05 | |
| Current ratio | 3.04 | 2.78 | 2.06 | 2.31 | 2.32 | |
| Interest coverage | 50.97K | 861.61 | 55.91 | 7.02 | 9.85 | |
| Income quality | 1.11 | 1.17 | 1 | 1.47 | 0.5 | |
| Dividend Yield | 0.05 | 0.04 | 0.06 | 0.03 | 0.03 | |
| Payout ratio | 0.66 | 0.39 | 1.39 | 0.74 | 0.34 | |
| Sales general and administrative to revenue | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Research and developement to revenue | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | |
| Intangibles to total assets | 0.01 | 0.03 | 0.06 | 0.06 | 0.05 | |
| Capex to operating cash flow | -0.27 | -0.36 | -2.01 | -0.99 | -2.28 | |
| Capex to revenue | -0.05 | -0.07 | -0.16 | -0.07 | -0.11 | |
| Capex to depreciation | -1.56 | -2.22 | -4.08 | -1.9 | -2.71 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0 | -0.17 | |
| Graham number | 7.61 | 9.08 | 6.14 | 5.45 | 8.26 | |
| ROIC | 0.14 | 0.14 | 0.07 | 0.04 | 0.06 | |
| Return on tangible assets | 0.11 | 0.12 | 0.06 | 0.03 | 0.07 | |
| Graham Net | 1.93 | 1.99 | 1.03 | 1.43 | 0.37 | |
| Working capital | 1.14B | 1.18B | 888.82M | 1.3B | 1.24B | |
| Tangible asset value | 1.75B | 1.91B | 1.76B | 1.76B | 2.02B | |
| Net current asset value | 1.14B | 1.18B | 844.83M | 745.89M | 664.96M | |
| Invested capital | 0 | 0.12 | 0.05 | 0.3 | 0.39 | |
| Average receivables | 751.01M | 793.6M | 801.94M | 831.16M | 942.65M | |
| Average payables | 348.85M | 433.71M | 530.87M | 664.65M | 587.07M | |
| Average inventory | 267.12M | 291.06M | 364.11M | 456.67M | 482.47M | |
| Days sales outstanding | 186.66 | 162.67 | 151.75 | 135.31 | 144.44 | |
| Days payables outstanding | 138.19 | 136.55 | 138.28 | 139.36 | 76.6 | |
| Days of inventory on hand | 96.42 | 88.59 | 98.96 | 92.59 | 83.53 | |
| Receivables turnover | 1.96 | 2.24 | 2.41 | 2.7 | 2.53 | |
| Payables turnover | 2.64 | 2.67 | 2.64 | 2.62 | 4.77 | |
| Inventory turnover | 3.79 | 4.12 | 3.69 | 3.94 | 4.37 | |
| ROE | 0.14 | 0.16 | 0.08 | 0.06 | 0.11 | |
| Capex per share | -0.18 | -0.32 | -0.73 | -0.4 | -0.67 |
Quarterly Fundamentals Overview
Last date of statement is 2023-12-31 for Q4
| Metric | History | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 1.55 | 1.26 | 1.65 | 1.59 | 1.78 | |
| Net income per share | 0.07 | 0.13 | 0.12 | 0.15 | 0.19 | |
| Operating cash flow per share | 0.07 | 0.13 | 0.27 | 0.22 | -0.23 | |
| Free cash flow per share | -0.03 | 0 | 0.18 | 0.03 | -0.49 | |
| Cash per share | 2.99 | 2.02 | 1.93 | 1.96 | 1.64 | |
| Book value per share | 4.77 | 4.9 | 4.82 | 4.96 | 5.16 | |
| Tangible book value per share | 4.28 | 4.42 | 4.34 | 4.48 | 4.9 | |
| Share holders equity per share | 4.77 | 4.9 | 4.82 | 4.96 | 5.16 | |
| Interest debt per share | 1.44 | 1.41 | 1.4 | 1.42 | 2.03 | |
| Market cap | 2.63B | 2.88B | 3.18B | 3.12B | 3.23B | |
| Enterprise value | 2.33B | 2.62B | 2.92B | 2.86B | 3.57B | |
| P/E ratio | 22.81 | 13.24 | 16.76 | 12.95 | 10.09 | |
| Price to sales ratio | 4.11 | 5.55 | 4.67 | 4.76 | 4.4 | |
| POCF ratio | 91.24 | 52.94 | 29.08 | 33.88 | -33.57 | |
| PFCF ratio | -224.76 | 14.09K | 43.84 | 220.2 | -15.97 | |
| P/B Ratio | 1.34 | 1.43 | 1.6 | 1.52 | 1.52 | |
| PTB ratio | 1.34 | 1.43 | 1.6 | 1.52 | 1.52 | |
| EV to sales | 3.64 | 5.05 | 4.29 | 4.37 | 4.86 | |
| Enterprise value over EBITDA | 44.1 | 39.04 | 39.12 | 36.48 | 40.74 | |
| EV to operating cash flow | 80.79 | 48.22 | 26.77 | 31.1 | -37.1 | |
| EV to free cash flow | -199.02 | 12.83K | 40.36 | 202.12 | -17.65 | |
| Earnings yield | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | |
| Free cash flow yield | 0 | 0 | 0.02 | 0 | -0.06 | |
| Debt to equity | 0.3 | 0.28 | 0.29 | 0.28 | 0.39 | |
| Debt to assets | 0.17 | 0.16 | 0.15 | 0.16 | 0.22 | |
| Net debt to EBITDA | -5.7 | -3.82 | -3.38 | -3.26 | 3.87 | |
| Current ratio | 2.31 | 2.33 | 2.05 | 2.25 | 2.32 | |
| Interest coverage | 6.78 | 11.26 | 10.16 | 13.07 | 11.25 | |
| Income quality | 1 | 1 | 2.3 | 1.53 | -1.2 | |
| Dividend Yield | 0 | 0 | 0.03 | 0 | 0 | |
| Payout ratio | 0.01 | 0.01 | 1.74 | 0 | 0.02 | |
| Sales general and administrative to revenue | -0.06 | 0.04 | -0.01 | 0.09 | -0.06 | |
| Research and developement to revenue | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 | |
| Intangibles to total assets | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | |
| Capex to operating cash flow | -1.41 | -1 | -0.34 | -0.85 | 1.1 | |
| Capex to revenue | -0.06 | -0.1 | -0.05 | -0.12 | -0.14 | |
| Capex to depreciation | -1.69 | -2.1 | -1.43 | 1.57 | -4.26 | |
| Stock based compensation to revenue | 0.38 | 0 | 0 | 0 | 0 | |
| Graham number | 2.74 | 3.82 | 3.53 | 4.04 | 4.75 | |
| ROIC | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | |
| Return on tangible assets | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | |
| Graham Net | 1.43 | 0.56 | 0.23 | 0.25 | 0.37 | |
| Working capital | 1.3B | 1.31B | 1.2B | 1.27B | 1.24B | |
| Tangible asset value | 1.76B | 1.82B | 1.78B | 1.85B | 2.02B | |
| Net current asset value | 745.89M | 758.54M | 640.04M | 634.42M | 664.96M | |
| Invested capital | 0.3 | 0.28 | 0.29 | 0.28 | 0.39 | |
| Average receivables | 884.06M | 890.6M | 975.17M | 990.57M | 983.01M | |
| Average payables | 727.2M | 758.15M | 859.59M | 868.39M | 613.77M | |
| Average inventory | 486.48M | 503.87M | 497.33M | 482.85M | 480.06M | |
| Days sales outstanding | 122.02 | 158.9 | 136.74 | 130.14 | 125.19 | |
| Days payables outstanding | 132.35 | 164.51 | 154.4 | 141.68 | 67.4 | |
| Days of inventory on hand | 87.93 | 109.37 | 78.37 | 86.93 | 73.5 | |
| Receivables turnover | 0.74 | 0.57 | 0.66 | 0.69 | 0.72 | |
| Payables turnover | 0.68 | 0.55 | 0.58 | 0.64 | 1.34 | |
| Inventory turnover | 1.02 | 0.82 | 1.15 | 1.04 | 1.22 | |
| ROE | 0.01 | 0.03 | 0.02 | 0.03 | 0.04 | |
| Capex per share | -0.1 | -0.13 | -0.09 | -0.19 | -0.26 |
002381.SZ Frequently Asked Questions
What is Zhejiang Double Arrow Rubber Co., Ltd. stock symbol ?
Zhejiang Double Arrow Rubber Co., Ltd. is a CN stock and trading under the symbol 002381.SZ
What is Zhejiang Double Arrow Rubber Co., Ltd. stock quote today ?
Zhejiang Double Arrow Rubber Co., Ltd. stock price is $8.28 today.
Is Zhejiang Double Arrow Rubber Co., Ltd. stock public?
Yes, Zhejiang Double Arrow Rubber Co., Ltd. is a publicly traded company.
Company Profile
- Volume Average 11.89M
- Market Capitalization 3.44B
- Employee 2.28K
- CEO Mr. Huimin Shen
- Headquarters Tongxiang,CN
- IPO Date 2010-04-02
-
Website
https://www.doublearrow.net 
Zhejiang Double Arrow Rubber Co., Ltd. engages in the manufacture and sale of rubber conveyor belt products in China. Its products are used in electric power, ports, and metallurgy industries that require material transportation, such as gold, minerals, and building materials. The company was formerly known as TongXiang Duble Arrow Group CO., Ltd. Zhejiang Double Arrow Rubber Co., Ltd. is based in Tongxiang, the People's Republic of China.
