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Zhejiang Double Arrow Rubber Co (SZSE:002381) Enterprise Value : ¥2,786 Mil (As of Jun. 06, 2024)


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What is Zhejiang Double Arrow Rubber Co Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Double Arrow Rubber Co's Enterprise Value is ¥2,786 Mil. Zhejiang Double Arrow Rubber Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥304 Mil. Therefore, Zhejiang Double Arrow Rubber Co's EV-to-EBIT ratio for today is 9.15.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Zhejiang Double Arrow Rubber Co's Enterprise Value is ¥2,786 Mil. Zhejiang Double Arrow Rubber Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥304 Mil. Therefore, Zhejiang Double Arrow Rubber Co's EV-to-EBITDA ratio for today is 9.15.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Zhejiang Double Arrow Rubber Co's Enterprise Value is ¥2,786 Mil. Zhejiang Double Arrow Rubber Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,618 Mil. Therefore, Zhejiang Double Arrow Rubber Co's EV-to-Revenue ratio for today is 1.06.


Zhejiang Double Arrow Rubber Co Enterprise Value Historical Data

The historical data trend for Zhejiang Double Arrow Rubber Co's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zhejiang Double Arrow Rubber Co Enterprise Value Chart

Zhejiang Double Arrow Rubber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,843.75 2,742.29 2,931.20 2,334.53 3,043.83

Zhejiang Double Arrow Rubber Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,629.84 2,934.55 2,870.09 3,043.83 3,106.39

Competitive Comparison of Zhejiang Double Arrow Rubber Co's Enterprise Value

For the Auto Parts subindustry, Zhejiang Double Arrow Rubber Co's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zhejiang Double Arrow Rubber Co's Enterprise Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Double Arrow Rubber Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Zhejiang Double Arrow Rubber Co's Enterprise Value falls into.



Zhejiang Double Arrow Rubber Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Zhejiang Double Arrow Rubber Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Zhejiang Double Arrow Rubber Co's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Zhejiang Double Arrow Rubber Co  (SZSE:002381) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Zhejiang Double Arrow Rubber Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2786.295/304.443
=9.15

Zhejiang Double Arrow Rubber Co's current Enterprise Value is ¥2,786 Mil.
Zhejiang Double Arrow Rubber Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥304 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Zhejiang Double Arrow Rubber Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2786.295/304.443
=9.15

Zhejiang Double Arrow Rubber Co's current Enterprise Value is ¥2,786 Mil.
Zhejiang Double Arrow Rubber Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥304 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Zhejiang Double Arrow Rubber Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2786.295/2618.143
=1.06

Zhejiang Double Arrow Rubber Co's current Enterprise Value is ¥2,786 Mil.
Zhejiang Double Arrow Rubber Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,618 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Zhejiang Double Arrow Rubber Co Enterprise Value Related Terms

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Zhejiang Double Arrow Rubber Co (SZSE:002381) Business Description

Traded in Other Exchanges
N/A
Address
Zhou Quan town Industrial Zone, Tongxiang, Zhejiang, CHN, 314513
Zhejiang Double Arrow Rubber Co Ltd is engaged as manufacturer of conveyor belts. The types of conveyor belts manufactured by company are acid and alkali resistant, high temperature resistant, flame retardant, oil resistant, heat resistant, tear resistant, puncture resistant, cold resistant, energy saving, and aramid.
Executives
Shen Kai Fei Directors, executives
Shen Geng Liang Director
Lang Hong Feng Executives
Yan Hong Bin Supervisors
Shen Hui Min Directors, executives
Yu Ming Song Director
Shen Lin Quan Director
Lu Xin Hui Supervisors
Shen Hong Fa Directors, executives
Yu Bing Ren Supervisors
Shen Hong Ming Supervisors
Chen Bai Song Directors, executives
Wu Jian Qin Directors, executives
Yu Bing Ying Executives
Xu Zhong Wei Securities Affairs Representative

Zhejiang Double Arrow Rubber Co (SZSE:002381) Headlines

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