Risk factor
Modest price volatility
Profitability factor
Undervalued vs peers
About
Zhejiang Double Arrow Rubber Co., Ltd., headquartered in Tongxiang, People's Republic of China, is a Chinese enterprise that specializes in the production and distribution of rubber conveyor belts. Formerly known as TongXiang Duble Arrow Group CO., Ltd., the company's products are crucial for material handling in various industries, including power generation, port operations, and metallurgy, facilitating the transport of diverse items such as gold, raw minerals, and building materials.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITDA, undervalued on
Target Price
The average target price of 002381.SZ is 7.84 and suggests 51.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to