Zhejiang Double Arrow Rubber Co Ltd (002381) - Total Assets

Latest as of March 2026: CN¥3.88 Billion CNY ≈ $567.10 Million USD

Based on the latest financial reports, Zhejiang Double Arrow Rubber Co Ltd (002381) holds total assets worth CN¥3.88 Billion CNY (≈ $567.10 Million USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore how well can Zhejiang Double Arrow Rubber Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Zhejiang Double Arrow Rubber Co Ltd - Total Assets Trend (2006–2025)

This chart illustrates how Zhejiang Double Arrow Rubber Co Ltd's total assets have evolved over time, based on quarterly financial data. See 002381 net asset value for net asset value and shareholders' equity analysis.

Zhejiang Double Arrow Rubber Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Zhejiang Double Arrow Rubber Co Ltd's total assets of CN¥3.88 Billion consist of 56.4% current assets and 43.6% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 13.0%
Accounts Receivable CN¥893.64 Million 23.1%
Inventory CN¥452.28 Million 11.7%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥197.51 Million 5.1%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2006–2025)

This chart illustrates how Zhejiang Double Arrow Rubber Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Zhejiang Double Arrow Rubber Co Ltd stock valuation.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Zhejiang Double Arrow Rubber Co Ltd's current assets represent 56.4% of total assets in 2025, a decrease from 63.3% in 2006.
  • Cash Position: Cash and equivalents constituted 13.0% of total assets in 2025, down from 18.8% in 2006.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 4.0% in 2006.
  • Asset Diversification: The largest asset category is accounts receivable at 23.1% of total assets.

Zhejiang Double Arrow Rubber Co Ltd Competitors by Total Assets

Key competitors of Zhejiang Double Arrow Rubber Co Ltd based on total assets are shown below.

Company Country Total Assets
Hankook Tire Co.
KO:161390
Korea ₩27.97 Trillion
Multistrada Arah Sarana Tbk
JK:MASA
Indonesia Rp513.15 Million
Versigent PLC
NYSE:VGNT
USA $4.91 Billion
Huada Automotive Tech Corp Ltd
SHG:603358
China CN¥7.26 Billion
Tianrun Crankshaft Co Ltd
SHE:002283
China CN¥8.26 Billion
Kuangda Technology Group Co Ltd
SHE:002516
China CN¥4.63 Billion
Zhejiang Changhua Auto Parts Co Ltd
SHG:605018
China CN¥3.40 Billion
Rayhoo Motor Dies Co Ltd
SHE:002997
China CN¥7.05 Billion

Zhejiang Double Arrow Rubber Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 2.16 2.47 2.44
Quick Ratio 1.66 1.73 1.82
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥1.20 Billion CN¥1.30 Billion CN¥1.05 Billion

Zhejiang Double Arrow Rubber Co Ltd - Advanced Valuation Insights

This section examines the relationship between Zhejiang Double Arrow Rubber Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.28
Latest Market Cap to Assets Ratio 0.08
Asset Growth Rate (YoY) 1.8%
Total Assets CN¥3.86 Billion
Market Capitalization $324.62 Million USD

Valuation Analysis

Below Book Valuation: The market values Zhejiang Double Arrow Rubber Co Ltd's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Zhejiang Double Arrow Rubber Co Ltd's assets grew by 1.8% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Zhejiang Double Arrow Rubber Co Ltd (2006–2025)

The table below shows the annual total assets of Zhejiang Double Arrow Rubber Co Ltd from 2006 to 2025.

Year Total Assets Change
2025-12-31 CN¥3.86 Billion
≈ $565.52 Million
+1.80%
2024-12-31 CN¥3.80 Billion
≈ $555.54 Million
+1.37%
2023-12-31 CN¥3.75 Billion
≈ $548.05 Million
+6.63%
2022-12-31 CN¥3.51 Billion
≈ $514.00 Million
+25.33%
2021-12-31 CN¥2.80 Billion
≈ $410.13 Million
+5.72%
2020-12-31 CN¥2.65 Billion
≈ $387.96 Million
+13.88%
2019-12-31 CN¥2.33 Billion
≈ $340.67 Million
+9.35%
2018-12-31 CN¥2.13 Billion
≈ $311.54 Million
+2.64%
2017-12-31 CN¥2.07 Billion
≈ $303.54 Million
-14.51%
2016-12-31 CN¥2.43 Billion
≈ $355.04 Million
+59.13%
2015-12-31 CN¥1.52 Billion
≈ $223.12 Million
+0.93%
2014-12-31 CN¥1.51 Billion
≈ $221.07 Million
+8.56%
2013-12-31 CN¥1.39 Billion
≈ $203.63 Million
+5.78%
2012-12-31 CN¥1.32 Billion
≈ $192.51 Million
+1.77%
2011-12-31 CN¥1.29 Billion
≈ $189.16 Million
+17.35%
2010-12-31 CN¥1.10 Billion
≈ $161.19 Million
+93.33%
2009-12-31 CN¥569.78 Million
≈ $83.38 Million
-1.70%
2008-12-31 CN¥579.65 Million
≈ $84.82 Million
+22.63%
2007-12-31 CN¥472.68 Million
≈ $69.17 Million
+12.02%
2006-12-31 CN¥421.95 Million
≈ $61.75 Million
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About Zhejiang Double Arrow Rubber Co Ltd

SHE:002381 China Auto Parts
Market Cap
$324.62 Million
CN¥2.22 Billion CNY
Market Cap Rank
#14335 Global
#4256 in China
Share Price
CN¥5.39
Change (1 day)
+4.05%
52-Week Range
CN¥4.91 - 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