Zhejiang Double Arrow Rubber Co., Ltd.

Zhejiang Double Arrow Rubber Co., Ltd.verified

002381.SZ

Price:

$6.41

Market Cap:

$2.64B

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.

Industry

Auto - Parts

IPO Date

2010-04-02

Stock Exchange

SHZ

Ticker

002381.SZ

The Current Ratio as of December 2025 (TTM) for Zhejiang Double Arrow Rubber Co., Ltd. (002381.SZ) is 2.34

According to Zhejiang Double Arrow Rubber Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.34. This represents a change of -1.99% compared to the average of 2.39 of the last 4 quarters.

Zhejiang Double Arrow Rubber Co., Ltd. (002381.SZ) Historical Current Ratio (quarterly & annually)

How has 002381.SZ Current Ratio performed in the past?

The mean historical Current Ratio of Zhejiang Double Arrow Rubber Co., Ltd. over the last ten years is 2.85. The current 2.34 Current Ratio has changed 8.11% with respect to the historical average. Over the past ten years (40 quarters), 002381.SZ's Current Ratio was at its highest in in the March 2018 quarter at 3.99. The Current Ratio was at its lowest in in the June 2023 quarter at 2.05.

Quarterly (TTM)
Annual

Average

2.85

Median

2.69

Minimum

2.06

Maximum

3.97

Zhejiang Double Arrow Rubber Co., Ltd. (002381.SZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Zhejiang Double Arrow Rubber Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 52.88%

Maximum Annual Current Ratio = 3.97

Minimum Annual Increase = -25.95%

Minimum Annual Current Ratio = 2.06

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.403.44%
20232.320.16%
20222.3112.35%
20212.06-25.95%
20202.78-8.58%
20193.04-19.02%
20183.76-5.44%
20173.9752.88%
20162.60-19.81%
20153.242.49%

Zhejiang Double Arrow Rubber Co., Ltd. (002381.SZ) Average Current Ratio

How has 002381.SZ Current Ratio performed in the past?

The current Current Ratio of Zhejiang Double Arrow Rubber Co., Ltd. (002381.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.34

5-year avg

2.37

10-year avg

2.85

Zhejiang Double Arrow Rubber Co., Ltd. (002381.SZ) Current Ratio vs. Peers

How is 002381.SZ’s Current Ratio compared to its peers?

Zhejiang Double Arrow Rubber Co., Ltd.’s Current Ratio is greater than Zhejiang Hongxin Technology Co Ltd (0.97), greater than Guangzhou Jinzhong Auto Parts Manufacturing Co., Ltd. (1.69), greater than Zhejiang Liming Intelligent Manufacturing Co.,Ltd. (2.30), greater than Sichuan Haowu Electromechanical Co., Ltd. (2.03), less than VT Industrial Technology Co.,Ltd (3.22), greater than Guangdong Dcenti Auto-Parts Stock Limited Company (0.66), less than Shandong Kuntai New Material Technology Co., Ltd. (2.44), greater than GuangDong HongTeo Technology Co.,Ltd. Class A (0.81), greater than Zhejiang Jinfei Kaida Wheel Co.,Ltd. (0.85), greater than SINOTECH Company Limited (1.35),

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