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Zhejiang Shibao Co. Ltd. Class H
(1057)
Select Model
Select Model
Rating:61Neutral
Price Target:
HK$4.50
â–˛(12.22% Upside)
Action:Reiterated
Date:08/27/26
The score is driven primarily by solid fundamentals (especially the low-leverage balance sheet and improved profitability), but it is held back by inconsistent cash conversion (negative/volatile free cash flow) and a demanding valuation (very high P/E). Technicals add modest support with near-term upward momentum, though the longer-term trend remains mixed.
Positive Factors
Revenue and EPS Growth
Strong revenue expansion alongside double-digit EPS growth indicates improving demand and operating scale. Sustained growth can strengthen the company’s position in automotive steering components and provide a durable base for future earnings.
Negative Factors
Unreliable Free Cash Flow
Reported profits are not consistently converting into free cash flow, indicating possible working-capital swings or elevated investment requirements. Persistent weak cash conversion could constrain reinvestment, dividends, and balance-sheet flexibility despite accounting profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and EPS Growth
Strong revenue expansion alongside double-digit EPS growth indicates improving demand and operating scale. Sustained growth can strengthen the company’s position in automotive steering components and provide a durable base for future earnings.
Read all positive factors
Zhejiang Shibao Co. Ltd. Class H (1057) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$11.83B
Dividend Yield1.81%
Average Volume (3M)14.34M
Price to Earnings (P/E)68.6
Beta (1Y)1.36
Revenue Growth25.29%
EPS Growth13.22%
CountryHK
Employees2,596
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)0.23
Shares Outstanding216,785,000
10 Day Avg. Volume10,325,300
30 Day Avg. Volume14,344,601
Financial Highlights & Ratios
PEG Ratio0.90
Price to Book (P/B)1.75
Price to Sales (P/S)1.02
P/FCF Ratio180.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)HK$4.37B
Zhejiang Shibao Co. Ltd. Class H Business Overview & Revenue Model
Company Description
Zhejiang Shibao Company Limited, operating with its subsidiaries across the People's Republic of China, is engaged in the comprehensive research, design, development, production, and sale of automotive steering systems and their associated compone...
How the Company Makes Money
The company makes money primarily by manufacturing and selling automotive steering products and related steering system components. Revenue is generated from delivering these products to customers in the automotive supply chain (including vehicle ...
Zhejiang Shibao Co. Ltd. Class H Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.74B | 3.55B | 2.69B | 1.82B | 1.39B | 1.18B |
| Gross Profit | 708.38M | 657.80M | 563.98M | 375.18M | 269.00M | 253.37M |
| EBITDA | 221.59M | 287.94M | 249.34M | 182.47M | 106.85M | 115.10M |
| Net Income | 190.92M | 180.52M | 149.12M | 77.20M | 15.82M | 25.59M |
Balance Sheet | ||||||
| Total Assets | 3.96B | 3.83B | 3.26B | 2.65B | 2.39B | 2.08B |
| Cash, Cash Equivalents and Short-Term Investments | 642.93M | 490.72M | 488.87M | 268.73M | 352.62M | 266.24M |
| Total Debt | 437.96M | 115.02M | 81.11M | 182.66M | 196.98M | 171.92M |
| Total Liabilities | 1.74B | 1.73B | 1.31B | 1.19B | 1.02B | 720.62M |
| Stockholders Equity | 2.18B | 2.07B | 1.94B | 1.47B | 1.39B | 1.38B |
Cash Flow | ||||||
| Free Cash Flow | 111.53M | 20.07M | -100.12M | -60.37M | 33.54M | -38.43M |
| Operating Cash Flow | 353.04M | 234.24M | 1.17M | 3.20M | 110.87M | 39.63M |
| Investing Cash Flow | -138.23M | -117.97M | -102.79M | -50.42M | -117.14M | -101.55M |
| Financing Cash Flow | 31.19M | -24.94M | 194.77M | 11.16M | 19.49M | 60.50M |
Zhejiang Shibao Co. Ltd. Class H Technical Analysis
Negative
4.01
Price Trends
3.78
Positive
4.16
Negative
4.73
Negative
Market Momentum
0.02
Positive
45.82
Neutral
7.78
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1057, the sentiment is Negative. The current price of 4.01 is above the 20-day moving average (MA) of 3.95, above the 50-day MA of 3.78, and below the 200-day MA of 4.73, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 45.82 is Neutral, neither overbought nor oversold. The STOCH value of 7.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1057.
Zhejiang Shibao Co. Ltd. Class H Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$159.73B | 16.57 | 22.56% | 4.30% | 13.06% | -0.41% | |
72 Outperform | HK$11.68B | 11.94 | 5.82% | 3.07% | 5.98% | 13.92% | |
70 Outperform | HK$28.00B | 8.43 | 12.03% | 6.39% | 14.21% | 14.88% | |
68 Neutral | HK$16.67B | 10.76 | 7.18% | 3.38% | 0.22% | -23.29% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | HK$11.83B | 68.63 | 9.09% | 1.81% | 25.29% | 13.22% | |
48 Neutral | HK$6.40B | -106.68 | -5.52% | 5.59% | -2.65% | 69.13% |
* Consumer Cyclical Sector Average
HK:1057
Zhejiang Shibao Co. Ltd. Class H
3.82
-1.46
-27.68%
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18.05
-11.96
-39.85%
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Minth Group
23.90
-6.37
-21.05%
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BeijingWest International
4.95
4.39
783.93%
HK:1316
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4.66
-2.31
-33.15%
HK:3606
Fuyao Glass Industry Group Co., Ltd. Class H
54.85
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-23.97%
Zhejiang Shibao Co. Ltd. Class H Corporate Events
Zhejiang Shibao Calls 2026 H Shareholders’ Meeting on Targeted A Share Issue
Aug 24, 2026
Zhejiang Shibao Company Limited has convened its first 2026 H shareholders’ class meeting for 15 September 2026 in Hangzhou, scheduled to follow a corresponding A share class meeting. H share investors will be asked to vote by special resolu...
Zhejiang Shibao Calls EGM on Targeted A-Share Issue and Capital Plan
Aug 24, 2026
Zhejiang Shibao Company Limited, a PRC-incorporated automotive parts maker listed in Hong Kong, manufactures steering systems and related components for vehicle producers in China and abroad. The company leverages dual onshore and offshore capital...
Zhejiang Shibao Delivers Strong Interim Growth With Improved Cash Flow
Aug 23, 2026
Zhejiang Shibao Company Limited reported unaudited interim results for the six months ended 30 June 2026, showing solid growth in revenue and profitability. Revenue rose 12.90% year on year to RMB 1.72 billion, while net profit attributable to sha...
Zhejiang Shibao Schedules Board Meeting to Approve 2026 Interim Results
Aug 10, 2026
Zhejiang Shibao Company Limited has scheduled a board meeting to be held on 21 August 2026 at its headquarters in Hangzhou, Zhejiang Province, China, where directors will review and approve the interim results for the six months ended 30 June 2026...
Zhejiang Shibao Plans RMB1.394 Billion Non-Public A-Share Issuance
Aug 9, 2026
Zhejiang Shibao Company Limited plans a non-public issuance of up to 246,789,715 A shares, each with a nominal value of RMB1, to no more than 35 qualified institutional and other specific investors. The offering, which aims to raise up to RMB1.394...
Zhejiang Shibao Sets 2025 Final Dividend and Details Cross-Border Tax Withholding
Jul 30, 2026
Zhejiang Shibao Company Limited, a PRC-incorporated joint stock company listed in Hong Kong and Shenzhen, operates with a dual-share structure of A shares and H shares, paying dividends in renminbi for domestic investors and in Hong Kong dollars f...
Zhejiang Shibao Sets 2025 Final Dividend and Clarifies Tax Treatment for H Shareholders
Jul 30, 2026
Zhejiang Shibao Company Limited has announced the payment of a final ordinary cash dividend for its H shares for the financial year ended 31 December 2025, set at RMB 0.06 per share, equivalent to HKD 0.069 per share using an exchange rate of RMB ...
Zhejiang Shibao’s Controlling Shareholder Halts Share Sale Plan Early
Jul 27, 2026
Zhejiang Shibao Company Limited, an automotive components maker based in Hangzhou and listed in Hong Kong, has its controlling shareholder Zhejiang Shibao Holding Group holding a large portion of its A shares. Following a partial reduction, Shibao...
Zhejiang Shibao Shareholders Back Dividend and Governance Measures at AGM
Jun 30, 2026
Zhejiang Shibao Company Limited held its 2025 annual general meeting on 30 June 2026 in Hangzhou, with all directors attending in person or electronically. Shareholders voted by poll on a full slate of routine corporate matters, including approval...
Zhejiang Shibao Details Board Composition and Committee Roles
Jun 30, 2026
Zhejiang Shibao Company Limited has announced the current composition of its board of directors, detailing executive, non-executive, employee, and independent non-executive members, including Chairman Zhang Shi Quan and General Manager Zhang Bao Y...
Zhejiang Shibao Adds Governance Resolution to 2026 AGM Agenda
Jun 5, 2026
Zhejiang Shibao Company Limited, a PRC-based automotive components maker specializing in steering system products and listed in Hong Kong, maintains a board comprising executive, non-executive, employee and independent non-executive directors, ref...
Zhejiang Shibao Sets 2025 AGM to Approve Dividend, Board Pay and Auditor
May 31, 2026
Zhejiang Shibao Company Limited has convened its 2025 annual general meeting for 30 June 2026 in Hangzhou, where shareholders will vote on the 2025 audit and annual reports, the board’s work report, and a corporate governance report. The age...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.