002381.SZ
Price:
$6.66
Market Cap:
$2.74B
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
According to Zhejiang Double Arrow Rubber Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 3.13%. This represents a change of 300.99% compared to the average of 0.78% of the last 4 quarters.
The mean historical ROE of Zhejiang Double Arrow Rubber Co., Ltd. over the last ten years is 9.01%. The current 3.13% ROE has changed -65.32% with respect to the historical average. Over the past ten years (40 quarters), 002381.SZ's ROE was at its highest in in the June 2020 quarter at 5.16%. The ROE was at its lowest in in the December 2016 quarter at -0.38%.
Average
9.01%
Median
8.36%
Minimum
3.33%
Maximum
16.03%
Discovering the peaks and valleys of Zhejiang Double Arrow Rubber Co., Ltd. ROE, 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 = 100.10%
Maximum Annual ROE = 16.03%
Minimum Annual Increase = -62.75%
Minimum Annual ROE = 3.33%
| Year | ROE | Change |
|---|---|---|
| 2024 | 7.06% | -37.94% |
| 2023 | 11.38% | 96.57% |
| 2022 | 5.79% | -25.70% |
| 2021 | 7.79% | -51.38% |
| 2020 | 16.03% | 14.54% |
| 2019 | 14.00% | 53.14% |
| 2018 | 9.14% | 37.35% |
| 2017 | 6.65% | 100.10% |
| 2016 | 3.33% | -62.75% |
| 2015 | 8.93% | -22.37% |
The current ROE 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
8.08%
5-year avg
9.61%
10-year avg
9.01%
Zhejiang Double Arrow Rubber Co., Ltd.’s ROE is less than Zhejiang Hongxin Technology Co Ltd (7.69%), less than Guangzhou Jinzhong Auto Parts Manufacturing Co., Ltd. (4.02%), less than Zhejiang Liming Intelligent Manufacturing Co.,Ltd. (4.78%), less than Sichuan Haowu Electromechanical Co., Ltd. (2.97%), less than VT Industrial Technology Co.,Ltd (2.03%), greater than Guangdong Dcenti Auto-Parts Stock Limited Company (-50.08%), less than Shandong Kuntai New Material Technology Co., Ltd. (5.51%), less than GuangDong HongTeo Technology Co.,Ltd. Class A (2.76%), less than Zhejiang Jinfei Kaida Wheel Co.,Ltd. (2.83%), greater than SINOTECH Company Limited (-2.25%),
| Company | ROE | Market cap |
|---|---|---|
| 7.69% | $3.10B | |
| 4.02% | $3.71B | |
| 4.78% | $3.14B | |
| 2.97% | $2.65B | |
| 2.03% | $2.88B | |
| -50.08% | $2.46B | |
| 5.51% | $2.29B | |
| 2.76% | $2.60B | |
| 2.83% | $3.43B | |
| -2.25% | $2.65B |
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