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Zhejiang Double Arrow Rubber Co (SZSE:002381) Market Cap : ¥2,721 Mil (As of Jun. 06, 2024)


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What is Zhejiang Double Arrow Rubber Co Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Zhejiang Double Arrow Rubber Co's share price for the quarter that ended in Mar. 2024 was ¥7.61. Zhejiang Double Arrow Rubber Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 412 Mil. Therefore, Zhejiang Double Arrow Rubber Co's market cap for the quarter that ended in Mar. 2024 was ¥3,132 Mil.

Zhejiang Double Arrow Rubber Co's quarterly market cap increased from Sep. 2023 (¥3,116 Mil) to Dec. 2023 (¥3,120 Mil) and increased from Dec. 2023 (¥3,120 Mil) to Mar. 2024 (¥3,132 Mil).

Zhejiang Double Arrow Rubber Co's annual market cap declined from Dec. 2021 (¥3,326 Mil) to Dec. 2022 (¥2,626 Mil) but then increased from Dec. 2022 (¥2,626 Mil) to Dec. 2023 (¥3,120 Mil).

Enterprise Value is 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 and cash equivalents. Zhejiang Double Arrow Rubber Co's Enterprise Value for Today is ¥2,786 Mil.


Zhejiang Double Arrow Rubber Co Market Cap Historical Data

The historical data trend for Zhejiang Double Arrow Rubber Co's Market Cap 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 Market Cap Chart

Zhejiang Double Arrow Rubber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,486.01 3,428.39 3,325.50 2,625.84 3,119.75

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
Market Cap 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 2,876.90 3,177.37 3,115.63 3,119.75 3,132.09

Competitive Comparison of Zhejiang Double Arrow Rubber Co's Market Cap

For the Auto Parts subindustry, Zhejiang Double Arrow Rubber Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Vehicles & Parts Industry

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

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



Zhejiang Double Arrow Rubber Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=¥7.58*411.576
=¥3,120

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

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=¥7.61*411.576
=¥3,132

* 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) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Zhejiang Double Arrow Rubber Co Market Cap 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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