Zhejiang Double Arrow Rubber Co Ltd

SHE:002381 China Auto Parts
Market Cap
$389.29 Million
CN¥2.86 Billion CNY
Market Cap Rank
#14703 Global
#3891 in China
Share Price
CN¥6.94
Change (1 day)
-2.12%
52-Week Range
CN¥6.07 - CN¥7.19
All Time High
CN¥16.03
About

Zhejiang Double Arrow Rubber Co., Ltd. manufactures and sells rubber conveyor belt products in China and internationally. The company provides flame resistant, high temperature resistant, and anti-tear steel cord conveyor belt, as well as low rolling resistance energy-saving and steel cord pipe conveyor belt; and fabric, flame resistant fabric, straight warp, fabric pipe, high temperature resista… Read more

Zhejiang Double Arrow Rubber Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 0.98%

Zhejiang Double Arrow Rubber Co Ltd (002381) has an Asset Resilience Ratio of 0.98% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
CN¥37.00 Million
Cash + Short-term Investments
Total Assets
CN¥3.79 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2010–2024)

This chart shows how Zhejiang Double Arrow Rubber Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Double Arrow Rubber Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥37.00 Million 0.98%
Total Liquid Assets CN¥37.00 Million 0.98%

Asset Resilience Insights

  • Limited Liquidity: Zhejiang Double Arrow Rubber Co Ltd maintains only 0.98% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Zhejiang Double Arrow Rubber Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhejiang Double Arrow Rubber Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
iQ International AG
F:IQL
Auto Parts 3.44%
Daewonkangup
KO:000430
Auto Parts 1.07%
Wanxiang Qianchao Co Ltd
SHE:000559
Auto Parts 0.00%
Weifu High-Technology Group Co Ltd
SHE:000581
Auto Parts 5.84%
Gui Zhou Tyre Co Ltd
SHE:000589
Auto Parts 1.28%
Qingdao Doublestar Co Ltd
SHE:000599
Auto Parts 0.00%
Hengli Industrial Development Group Co Ltd
SHE:000622
Auto Parts -0.02%
Xiangyang Automobile Bearing Co Ltd
SHE:000678
Auto Parts 0.04%

Annual Asset Resilience Ratio for Zhejiang Double Arrow Rubber Co Ltd (2010–2024)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Double Arrow Rubber Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 1.58% CN¥60.00 Million CN¥3.80 Billion +1.43pp
2021-12-31 0.15% CN¥4.33 Million CN¥2.80 Billion -0.82pp
2020-12-31 0.97% CN¥25.71 Million CN¥2.65 Billion -8.03pp
2019-12-31 9.00% CN¥209.60 Million CN¥2.33 Billion -4.48pp
2018-12-31 13.48% CN¥287.00 Million CN¥2.13 Billion +0.56pp
2017-12-31 12.92% CN¥268.00 Million CN¥2.07 Billion +12.78pp
2013-12-31 0.14% CN¥1.90 Million CN¥1.39 Billion +0.08pp
2012-12-31 0.06% CN¥745.30K CN¥1.32 Billion -0.02pp
2011-12-31 0.07% CN¥960.60K CN¥1.29 Billion +0.01pp
2010-12-31 0.07% CN¥749.10K CN¥1.10 Billion --
pp = percentage points