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Zhejiang Double Arrow Rubber Co Ltd

Zhejiang Double Arrow Rubber Co Ltd

002381 · SHE · Consumer Cyclical / Auto Parts

5.30CNY-0.16 (-2.93%)

Price History

Full chart

Market Stats

Previous Close5.46
Open5.44
Day Range5.28 – 5.47
52-Week Range4.89 – 7.32
Volume4.39M
Market Cap2.32B
P/E (TTM)62.67
Forward P/E15.24
EPS0.09
Dividend Yield1.77%
Beta0.33
50-Day Avg5.44
200-Day Avg6.17

About

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. Its products are mainly used in coalmines, ports, electric power plants, metallurgy, mines, cement, and other industries. The company was formerly known as TongXiang Duble Arrow Group CO., Ltd. and changed its name to Zhejiang Double Arrow Rubber Co., Ltd. The company was founded in 1986 and is based in Tongxiang, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Huimin Shen
  • Employees2.67K
  • HeadquartersNo. 1538, Yong'an North Road, Tongxiang, China, 314513, China
  • Websitehttps://www.doublearrow.net

Leadership

  • Mr. Huimin ShenVice Chairman & GM · b. 1969
  • Mr. Liangquan ZhangFinancial Director & Deputy GM · b. 1988
  • Mr. Hongfa ShenNon-Independent Director & Deputy GM · b. 1970
  • Mr. Guixiang BaoDeputy General Manager · b. 1969
  • Mr. Hongfeng LangDeputy General Manager · b. 1969
  • Mr. Xinchun DongDeputy General Manager · b. 1980
  • Mr. Hui Qiang ShenBoard Secretary · b. 1982

Financials

Income Statement

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue461.88M547.99M695.46M626.89M824.53M1.15B1.18B1.13B1.10B954.31M1.07B1.14B1.36B1.53B1.81B1.92B2.34B2.59B2.71B2.67B
Growth (%)-+18.64%+26.91%-9.86%+31.53%+38.98%+3.28%-4.30%-2.69%-13.41%+12.33%+6.15%+19.36%+12.31%+18.74%+5.80%+21.86%+11.03%+4.64%-1.40%
Cost of Revenue373.57M443.59M583.60M481.73M700.36M987.37M898.67M811.39M789.29M684.47M788.70M904.93M1.01B1.04B1.26B1.56B1.94B2.06B2.25B2.26B
Gross Profit88.31M104.39M111.85M145.15M124.18M158.55M284.79M321.23M312.81M269.84M283.25M232.94M343.95M482.29M547.31M359.03M390.40M528.90M458.93M414.36M
Gross Margin19.12%19.05%16.08%23.15%15.06%13.84%24.06%28.36%28.38%28.28%26.42%20.47%25.32%31.62%30.22%18.74%16.72%20.40%16.92%15.49%
Operating Expense56.68M65.69M78.15M76.87M89.33M122.63M157.90M150.70M165.84M151.68M242.37M110.55M160.93M184.84M166.49M176.25M243.06M238.88M275.35M245.55M
Operating Income31.63M38.71M33.70M68.29M34.84M35.92M126.89M170.53M146.97M118.15M40.88M122.39M183.01M297.45M380.82M182.78M147.34M290.02M183.58M168.82M
Operating Margin6.85%7.06%4.85%10.89%4.23%3.13%10.72%15.06%13.34%12.38%3.81%10.76%13.48%19.50%21.03%9.54%6.31%11.19%6.77%6.31%
EBITDA61.08M71.74M71.19M99.16M73.17M79.04M170.33M220.67M205.72M181.58M123.57M182.64M235.16M344.95M438.70M256.16M246.19M405.69M311.89M232.44M
EBITDA Margin13.22%13.09%10.24%15.82%8.87%6.90%14.39%19.48%18.67%19.03%11.53%16.05%17.32%22.62%24.22%13.37%10.54%15.65%11.50%8.69%
Net Income33.58M4.55M37.40M61.09M36.84M37.95M102.37M143.63M133.42M106.81M53.90M112.52M156.37M248.63M315.42M148.83M113.75M241.83M153.58M65.30M
Net Income Margin7.27%0.83%5.38%9.74%4.47%3.31%8.65%12.68%12.11%11.19%5.03%9.89%11.51%16.30%17.42%7.77%4.87%9.33%5.66%2.44%
R&D----4.79M25.61M29.96M26.35M34.18M30.69M52.81M34.03M40.47M47.03M53.97M58.87M76.22M88.75M86.83M93.45M
R&D as % of Total Revenue----0.58%2.24%2.53%2.33%3.10%3.22%4.93%2.99%2.98%3.08%2.98%3.07%3.26%3.42%3.20%3.49%
Interest Expense13.07M15.58M16.17M8.75M3.69M5.85M2.83M319.08K461.82K507.33K9.32M2.87M741.52K533.79K441.99K4.92M22.08M23.32M24.69M27.12M
Interest Expense % of Total Revenue2.83%2.84%2.33%1.40%0.45%0.51%0.24%0.03%0.04%0.05%0.87%0.25%0.05%0.03%0.02%0.26%0.95%0.90%0.91%1.01%

Balance Sheet

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets421.95M472.68M579.65M569.78M1.10B1.29B1.32B1.39B1.51B1.52B2.43B2.07B2.13B2.33B2.65B2.80B3.51B3.75B3.80B3.86B
Total Liabilities276.81M261.76M344.09M277.58M220.12M387.85M330.50M282.50M317.95M298.72M644.03M378.29M421.67M557.66M673.47M883.48M1.54B1.61B1.61B1.70B
Total Equity129.12M192.81M223.75M278.42M866.52M888.13M966.00M1.07B1.16B1.20B1.62B1.69B1.71B1.78B1.97B1.91B1.96B2.12B2.17B2.15B
Cash79.19M84.59M117.00M67.11M427.67M425.85M328.81M322.41M319.05M289.06M417.07M305.28M311.32M426.71M707.93M494.74M887.11M676.72M406.90M503.76M
Total Debt158.55M145.15M166.15M118.00M13.00M35.00M15.00M700.00K700.00K116.54M128.00M20.23M156.44K90.08K227.86M94.95M586.38M579.34M615.79M-
Net Debt79.36M60.56M49.15M50.89M-414.67M-390.85M-313.81M-321.71M-318.35M-172.51M-289.07M-285.04M-311.16M-426.62M-480.08M-399.78M-300.73M-97.37M208.89M139.18M

Cash Flow

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow29.55M55.01M43.15M64.70M9.48M38.52M77.36M103.62M158.46M153.25M22.88M100.58M147.13M273.26M366.58M148.78M166.04M120.31M75.18M261.67M
Investing Cash Flow-28.18M-32.44M-27.76M-23.19M-87.08M-50.64M-117.03M-50.63M-112.00M-125.50M-263.95M-100.90M14.93M-52.32M125.89M-195.10M-196.42M-255.19M-289.93M-
Financing Cash Flow5.80M-4.11M-1.98M-64.74M441.06M210.11K-49.52M-49.99M-50.07M-72.90M338.70M-83.41M-159.33M-181.08M-139.65M-155.56M404.35M-101.81M-67.63M-
Capital Expenditure28.42M32.33M27.97M23.12M88.12M51.34M105.07M51.35M113.07M53.11M54.29M47.21M25.70M72.63M133.33M298.84M164.79M274.60M240.16M163.29M
Free Cash Flow1.13M22.68M15.17M41.58M-78.64M-12.82M-27.71M52.27M45.39M100.14M-31.41M53.37M121.43M200.63M233.24M-150.06M1.25M-154.29M-164.97M98.38M
Dividends Paid19.27M17.05M21.02M15.09M3.51M19.36M25.58M39.99M46.89M70.20M94.47M45.64M43.21M164.63M123.47M205.79M82.31M82.31M108.36M91.27M
FCF to OCF3.82%41.24%35.16%64.26%-829.54%-33.28%-35.82%50.45%28.64%65.34%-137.29%53.07%82.53%73.42%63.63%-100.86%0.75%-128.24%-219.43%37.60%
Dividend Paid to FCF1707.06%75.15%138.57%36.30%-4.47%-151.01%-92.30%76.50%103.33%70.10%-300.73%85.50%35.58%82.06%52.94%-137.14%6577.08%-53.35%-65.68%92.77%

Earnings

Report DateJun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012May 29, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Jul 30, 2014Oct 27, 2014Feb 5, 2015Apr 21, 2015Jul 20, 2015Oct 29, 2015Feb 27, 2016Apr 28, 2016Aug 19, 2016Oct 27, 2016Feb 28, 2017Apr 27, 2017Aug 29, 2017Oct 30, 2017Apr 9, 2018Aug 17, 2018Oct 22, 2018Feb 27, 2019Apr 24, 2019Aug 14, 2019Oct 21, 2019Feb 28, 2020Apr 29, 2020Aug 17, 2020Oct 23, 2020Feb 26, 2021Apr 28, 2021Aug 27, 2021Oct 29, 2021Apr 22, 2022Aug 27, 2022Oct 29, 2022Apr 27, 2023Aug 29, 2023Oct 27, 2023Mar 27, 2024Apr 26, 2024Aug 29, 2024Oct 30, 2024Apr 28, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate-------------------------------------------------------------
EPS Actual0.050.020.020.020.030.020.040.050.060.090.100.080.100.110.110.090.100.080.110.070.080.100.060.040.070.04-0.010.020.120.050.040.130.110.090.130.170.160.150.130.230.210.200.140.090.110.020.060.070.130.120.150.190.120.150.070.060.040.020.030.040.00
Surprise-------------------------------------------------------------
Timing----------------After-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-market--Pre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market-Pre-market-----

Key Statistics & Ratios

Market Cap2.32B
Enterprise Value2.46B
Trailing P/E62.67
Forward P/E15.24
Price / Sales0.90
Price / Book1.08
EPS0.09
Book Value5.17
Revenue (TTM)2.58B
Gross Profit (TTM)329.35M
EBITDA176.21M
Profit Margin1.50%
Operating Margin-4.15%
Return on Equity1.77%
Return on Assets0.99%
Shares Outstanding411.58M
Shares Float226.01M
Beta0.33
Dividend Yield1.77%
Dividend Rate0.10
Payout Ratio106.16%

Dividends

20261×
0.10Jun 4, 2026
20251×
0.20May 16, 2025
20241×
0.25Apr 29, 2024
20231×
0.20May 23, 2023
20221×
0.20May 27, 2022
20211×
0.50May 12, 2021
20201×
0.30Jun 15, 2020
20192×
0.20Sep 20, 20190.20Apr 3, 2019
20181×
0.10May 17, 2018
20171×
0.10Jun 9, 2017
20161×
0.20May 11, 2016
20151×
0.20May 11, 2015
20141×
0.13Apr 18, 2014
20131×
0.10May 13, 2013
20121×
0.07Apr 10, 2012
20111×
0.04May 23, 2011

Stock Splits

  • May 11, 201515:10
  • May 13, 201320:10
  • May 23, 201115:10