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Zhejiang Double Arrow Rubber Co LtdSHE 002381 Stock Report

Last reporting period 30 Sep, 2023

Updated 20 Sep, 2024

Last price

Market cap $B

0.366

Micro

Exchange

XSHE - Shenzhen Stock Exchange

002381.SZ Stock Analysis

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Neutral

Based on Eyestock quantitative analysis, 002381.SZ`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

56/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

23.4 %

Undervalued

Market cap $B

0.366

Dividend yield

5.45 %

Shares outstanding

411.58 B

Zhejiang Double Arrow Rubber Co. Ltd. engages in the production, sale, and export of rubber conveyor belts. The company is headquartered in Jiaxing, Zhejiang and currently employs 1,836 full-time employees. The company went IPO on 2010-04-02. The Company’s conveyor belts products include steel cord conveyor belts, fire-resistant steel cord conveyor belts, polyester conveyor belts, nylon conveyor belts, cotton and polyester cotton conveyor belts, solid woven conveyor belts, flame retardant conveyor belts for textile construction for general use, heat resistant and high temperature resistant conveyor belts, and chemical resistant conveyor belts, among others. The company also produces rubber sheets and hoses. The firm's products are mainly used in coal, power, port, steel, cement and other industries. Through its subsidiaries, it involves in the trading of rubber goods.

View Section: Eyestock Rating