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Zhejiang Shibao Co. Ltd. Class H
(1057)
Zhejiang Shibao Co. Ltd. Class H (1057) vs. iShares MSCI Hong Kong ETF (EWH)
Zhejiang Shibao Co. Ltd. Class H Business Overview & Revenue Model
Zhejiang Shibao Co. Ltd. Class H Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.34B | 2.69B | 1.82B | 1.39B | 1.18B | 1.10B |
| Gross Profit | 643.60M | 563.98M | 375.18M | 269.00M | 253.37M | 259.94M |
| EBITDA | 194.45M | 249.34M | 182.47M | 106.85M | 115.10M | 128.54M |
| Net Income | 186.80M | 149.12M | 77.20M | 15.82M | 25.59M | 40.85M |
Balance Sheet | ||||||
| Total Assets | 3.67B | 3.26B | 2.65B | 2.39B | 2.08B | 1.98B |
| Cash, Cash Equivalents and Short-Term Investments | 544.70M | 488.87M | 268.73M | 352.62M | 266.24M | 167.29M |
| Total Debt | 388.53M | 81.11M | 182.66M | 196.98M | 171.92M | 106.92M |
| Total Liabilities | 1.60B | 1.31B | 1.19B | 1.02B | 720.62M | 647.01M |
| Stockholders Equity | 2.04B | 1.94B | 1.47B | 1.39B | 1.38B | 1.34B |
Cash Flow | ||||||
| Free Cash Flow | -14.75M | -100.12M | -60.37M | 33.54M | -38.43M | 1.94M |
| Operating Cash Flow | 194.46M | 1.17M | 3.20M | 110.87M | 39.63M | 95.70M |
| Investing Cash Flow | -156.96M | -102.79M | -50.42M | -117.14M | -101.55M | -18.16M |
| Financing Cash Flow | 9.82M | 194.77M | 11.16M | 19.49M | 60.50M | -49.25M |
Zhejiang Shibao Co. Ltd. Class H Technical Analysis
Zhejiang Shibao Co. Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$5.21B | 4.78 | 15.64% | 8.39% | 2.85% | -33.83% | |
76 Outperform | HK$3.87B | 7.42 | 13.59% | 13.26% | -3.80% | -27.62% | |
68 Neutral | HK$17.02B | 19.95 | 5.45% | 1.02% | 4.73% | 492.16% | |
65 Neutral | HK$15.82B | 23.46 | 9.59% | 1.37% | 35.32% | 24.24% | |
65 Neutral | HK$3.56B | 8.75 | 33.52% | 9.59% | -0.88% | 50.26% | |
64 Neutral | HK$2.10B | 12.08 | 6.62% | 3.20% | 13.35% | -38.32% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
Zhejiang Shibao Co. Ltd. Class H Corporate Events
Zhejiang Shibao Company Limited, a PRC-based automotive components maker specializing in steering systems and listed in both A-share and H-share markets, held an extraordinary general meeting (EGM) on 30 December 2025 in Hangzhou. At the EGM, shareholders approved an ordinary resolution to adjust the investment amount of certain fund-raising investment projects, with 99.83% of votes cast in favour, indicating strong shareholder support for the company’s capital allocation plans. The resolution’s passage, with no shareholders required to abstain under Hong Kong Listing Rules, reinforces management’s flexibility to reallocate funds among approved projects, which could influence the progress and prioritization of its investment pipeline and may affect future operational and growth initiatives. Pan-China Certified Public Accountants LLP acted as the scrutineer of the poll, and all directors attended the meeting in person or electronically, underscoring the board’s engagement in the decision.
Zhejiang Shibao Co. Ltd. has announced a proposed adjustment and extension of certain fund-raising investment projects, subject to shareholder approval. The company has issued 32,987,747 RMB-denominated ordinary shares, raising net proceeds of RMB344,087,745.02, which is lower than initially intended. As a result, the company has revised the allocation of proceeds across its investment projects, including the development of automotive intelligent steering systems and related technologies.
Zhejiang Shibao Co. Ltd. has announced the completion of a share reduction plan by its controlling shareholder, Zhejiang Shibao Holding Group Co., Ltd. The plan involved reducing the shareholder’s stake by 16,452,647 A shares, representing 2% of the company’s total share capital, through block trading. This strategic move, completed between September and November 2025, leaves Shibao Holding with a 32.90% ownership in the company, potentially impacting the company’s market dynamics and shareholder structure.
Zhejiang Shibao Co. Ltd. has outlined the terms of reference for its audit committee, which is composed of at least three directors, primarily independent non-executive directors. The committee is tasked with overseeing the company’s financial reporting, risk management, and internal control systems, and it plays a crucial role in managing the company’s relationship with its external auditors. This announcement highlights the company’s commitment to maintaining robust governance practices and ensuring the independence and effectiveness of its audit processes, which are vital for stakeholder confidence.
Zhejiang Shibao Company Limited has outlined the terms of reference for its Remuneration Committee, which will be composed of at least three directors, with a majority being independent non-executive directors. The Committee is tasked with advising the Board on remuneration policies for directors and senior management, ensuring transparency and fairness in compensation, and aligning with corporate goals. This move is expected to enhance governance and ensure competitive and fair remuneration practices, potentially impacting the company’s operational efficiency and stakeholder confidence.
Zhejiang Shibao Co. Ltd. has outlined the rules of procedure for its Nomination Committee, emphasizing the importance of board diversity and the selection of qualified individuals for directorships. The committee is tasked with reviewing the board’s structure and composition, assessing the independence of directors, and ensuring alignment with the company’s corporate strategy. This move is expected to strengthen the company’s governance framework and enhance its strategic positioning in the industry.
Zhejiang Shibao Co. Ltd. announced the results of its Extraordinary General Meeting held on November 7, 2025, where all proposed resolutions were passed. Key resolutions included amendments to the Articles of Association and Management Rules of Proceeds, as well as the appointment of Mr. Li Xing Jian as an independent non-executive director. These changes are expected to streamline governance and enhance operational efficiency, potentially impacting the company’s strategic direction and stakeholder engagement.
Zhejiang Shibao Co. Ltd. has announced the composition of its board of directors, which includes executive, non-executive, employee, and independent non-executive directors. The announcement also details the membership of various board committees, highlighting the roles and functions of each director. This structured governance is likely to enhance the company’s strategic decision-making and oversight, potentially impacting its operational efficiency and stakeholder confidence.
Zhejiang Shibao Co. Ltd. has released its unaudited third-quarter financial report for 2025, showing significant growth in both operating revenue and net profit. The company reported a 35.65% increase in operating revenue for the quarter and a 33.66% rise in net profit for the first nine months of the year. The report highlights a substantial improvement in net cash flows from operating activities, which surged by over 4,000%. These financial results indicate a strong operational performance and positive market positioning, potentially benefiting stakeholders and reinforcing the company’s competitive stance in the automotive industry.