Ratings Zhejiang Double Arrow Rubber Co., Ltd.

Equities

002381

CNE100000N04

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
8.25 ^CNY	-1.55%		-0.84%	+8.84%

Apr. 26	Zhejiang Double Arrow Rubber Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Mar. 28	Zhejiang Double Arrow Rubber Co., Ltd. Proposes Final Cash Dividend for the Year 2023	CI

Strengths

The prospective high growth for the next fiscal years is among the main assets of the company
With a P/E ratio at 11.62 for the current year and 9.71 for next year, earnings multiples are highly attractive compared with competitors.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
Over the past four months, analysts' average price target has been revised downwards significantly.

Ratings chart - Surperformance

Sector: Tires & Rubber Products

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
ZHEJIANG DOUBLE ARROW RUBBER CO., LTD.	+8.84%	476M		-
SANWEI HOLDING GROUP CO.,LTD	-5.06%	2.11B		-
NIZHNEKAMSKNEFTEKHIM	-.--%	1.55B	-	-
NINGBO CHANGHONG POLYMER SCIENTIFIC AND TECHNICAL INC.	-9.45%	1.28B	-	-
ZHEJIANG TIANTIE INDUSTRY CO., LTD.	-28.08%	618M	-	-
TSRC CORPORATION	0.00%	605M		B
SANLUX CO.,LTD	-5.89%	563M	-	-
NANTEX INDUSTRY CO., LTD.	-10.90%	504M	-	D-
ZHEJIANG FENGMAO TECHNOLOGY CO., LTD.	-14.17%	442M	-	-
NAK SEALING TECHNOLOGIES CORPORATION	-4.83%	328M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

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Valuation

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1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

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4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

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Unusual volumes