Zhejiang Shibao Co. Ltd. Class H (1057) AI Stock Analysis

• Market Cap: €8.77B
• Dividend Yield: 1.49%
• Average Volume (3M): 29.84M
• Price to Earnings (P/E): 19.3
• Beta (1Y): 1.40
• Revenue Growth: 46.99%
• EPS Growth: 88.57%
• Country: HK
• Employees: 2,224
• Sector: Industrials
• Sector Strength: 85
• Industry: Auto - Parts
• EPS (TTM): 0.23
• Shares Outstanding: 216,785,000
• 10 Day Avg. Volume: 14,110,719
• 30 Day Avg. Volume: 29,840,445
• PEG Ratio: -2.00
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 33.33
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: ―

Zhejiang Shibao Co. Ltd.'s overall stock score reflects strong financial performance with significant revenue growth and profitability. The balance sheet is robust, though there is a need to manage liabilities and enhance cash flow generation. Technical indicators show mixed signals with potential short-term volatility. The stock valuation is fair, supported by a reasonable P/E ratio and modest dividend yield.

Zhejiang Shibao Co. Ltd. Class H Business Overview & Revenue Model

Company Description

Zhejiang Shibao Co. Ltd. Class H (1057) is a leading manufacturer in the automotive industry, primarily focusing on the production and distribution of automotive steering systems and related components. The company serves various sectors within the automotive industry, providing essential parts that enhance vehicle safety and performance. With a strong presence in both domestic and international markets, Zhejiang Shibao Co. Ltd. is committed to innovation and quality in its product offerings.

How the Company Makes Money

Zhejiang Shibao Co. Ltd. makes money through the manufacturing and sale of automotive steering systems and components, which are supplied to major automotive manufacturers and aftermarket suppliers. The company's revenue model is based on both direct sales to original equipment manufacturers (OEMs) and sales through distribution networks that cater to the automotive aftermarket. Key revenue streams include the sale of steering gears, power steering pumps, and other related components. The company also benefits from strategic partnerships and long-term contracts with major automotive brands, ensuring a steady demand for its products. Furthermore, Zhejiang Shibao Co. Ltd. invests in research and development to continuously improve its product offerings and maintain competitive advantages in the market.

Zhejiang Shibao Co. Ltd. Class H Financial Statement Overview

Summary

Zhejiang Shibao Co. Ltd. is performing well with strong revenue growth and profitability. The balance sheet is solid with low leverage, but attention is needed on managing liabilities and ensuring consistent operational cash flows. The company is on a stable trajectory but should focus on improving cash generation from operations for future growth.

Income Statement

Zhejiang Shibao Co. Ltd. has demonstrated strong revenue growth over recent periods with a significant increase of 61.43% from 2023 to 2024, and 8.34% from 2024 to TTM (Trailing-Twelve-Months). The gross profit margin has been stable, approximately 20%, and the net profit margin shows improvement from 5.54% in 2023 to 6.03% in TTM. EBIT and EBITDA margins have also been consistent, indicating operational efficiency. Overall profitability is strong, but further improvement in net profits would be advantageous.

Balance Sheet

The company maintains a healthy balance sheet with a debt-to-equity ratio that has decreased over time, standing at 0.04 in the TTM period, indicating low leverage. The equity ratio of approximately 60.58% in TTM suggests robust financial stability. Return on equity has improved to 8.84% in TTM, reflecting effective use of shareholders' capital. However, total liabilities have increased, which could pose a risk if not managed properly.

Cash Flow

Operating cash flow has been inconsistent, with 0 reported in TTM, which raises concerns about cash generation from operations. However, free cash flow has shown growth, with a positive trajectory in TTM. The company needs to ensure sustainable operational cash flow to support ongoing capital and financing needs.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.92B	2.69B	1.82B	1.39B	1.18B	1.10B
	Gross Profit
592.19M	563.98M	375.18M	269.00M	253.37M	259.94M
	EBIT
182.00M	154.82M	86.64M	41.57M	47.93M	51.28M
	EBITDA
184.29M	249.34M	182.47M	106.85M	115.10M	128.54M
	Net Income Common Stockholders
176.08M	149.12M	77.20M	15.82M	25.59M	40.85M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
529.59M	488.87M	268.73M	352.62M	266.24M	167.29M
	Total Assets
3.29B	3.26B	2.65B	2.39B	2.08B	1.98B
	Total Debt
77.89M	81.11M	182.66M	196.98M	171.92M	106.92M
	Net Debt
―	―	24.18M	-35.24M	-23.93M	-59.47M
	Total Liabilities
1.29B	1.31B	1.19B	1.02B	720.62M	647.01M
	Stockholders Equity
1.99B	1.94B	1.47B	1.39B	1.38B	1.34B
Cash Flow		Free Cash Flow
33.78M	―	―	33.54M	―	1.94M
	Operating Cash Flow
0.00	1.17M	3.20M	110.87M	39.63M	95.70M
	Investing Cash Flow
874.25K	―	―	―	―	―
	Financing Cash Flow
51.11M	194.77M	11.16M	19.49M	60.50M	―

Zhejiang Shibao Co. Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.46
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1057, the sentiment is Neutral. The current price of 4.46 is below the 20-day moving average (MA) of 4.90, above the 50-day MA of 3.99, and above the 200-day MA of 3.26, indicating a neutral trend. The MACD of 0.17 indicates Positive momentum. The RSI at 51.03 is Neutral, neither overbought nor oversold. The STOCH value of 15.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1057.

Zhejiang Shibao Co. Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2338	75 Outperform	$146.50B	11.53	13.40%	9.97%	-1.07%	16.00%
1211	74 Outperform	$1.01T	23.65	23.91%	3.25%	33.89%	45.52%
1316	73 Outperform	$13.50B	28.04	3.13%	0.43%	1.31%	67.13%
2333	70 Neutral	HK$178.28B	8.41	14.58%	2.56%	5.32%	10.61%
Sector *	66 Neutral	$4.47B	12.21	5.40%	3.65%	4.14%	-12.00%
1057	65 Neutral	€8.77B	19.31	9.28%	1.49%	46.99%	88.57%
1117	46 Neutral	HK$8.84B	―	-13.67%	0.44%	-3.39%	-868.11%

Zhejiang Shibao Co. Ltd. Class H Corporate Events

Zhejiang Shibao Reports Robust Q1 2025 Financial Growth

Zhejiang Shibao Co. Ltd. has reported a significant financial performance improvement in the first quarter of 2025, with a 45.47% increase in operating revenue and a 123.77% rise in net profit attributable to shareholders compared to the same period in 2024. The company’s net cash flows from operating activities saw a dramatic increase of 1,714.77%, indicating strong operational efficiency. These results reflect positively on the company’s market positioning and could enhance stakeholder confidence.

Zhejiang Shibao Announces 2024 AGM and Key Resolutions

Zhejiang Shibao Co. Ltd. has announced its 2024 Annual General Meeting to be held on May 15, 2025, in Hangzhou, China. The meeting will address several resolutions, including the approval of the 2024 Audit Report, Annual Report, and Profit Distribution Proposal, which includes a cash dividend of RMB0.60 per 10 shares. The AGM will also consider the re-appointment of Pan-China Certified Public Accountants LLP as the company’s audit institution for 2025. These resolutions are significant for the company’s stakeholders as they outline the financial and governance strategies for the upcoming year.

Zhejiang Shibao Co. Ltd. Engages in Discloseable Wealth Management Transaction

Zhejiang Shibao Co. Ltd. has subscribed to the 11th CITIC Wealth Management Product from China CITIC Bank, utilizing part of its idle funds. This transaction, when aggregated with previous subscriptions, constitutes a discloseable transaction under Hong Kong Listing Rules, requiring reporting and announcement. The subscription aims to manage idle funds without affecting the company’s operational and investment activities, with a subscription amount of RMB50 million and an expected annual return of 1.05% to 2.05%.

Zhejiang Shibao Schedules Board Meeting for Quarterly Results

Zhejiang Shibao Co. Ltd. has announced that its board of directors will hold a meeting on April 22, 2025, to approve the company’s first quarterly results for the period ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and the company’s market positioning.

Zhejiang Shibao Announces 2024 Annual Results and Dividend Details

Zhejiang Shibao Company Limited has announced its audited annual results for the year ended 31 December 2024. The company declared a final ordinary dividend of RMB 0.6 per 10 shares, with the payment date set for 29 August 2025. This update amends the payment date to a business day, reflecting the company’s commitment to shareholder returns.

Zhejiang Shibao Announces 2024 Annual Results and Dividend

Zhejiang Shibao Company Limited has announced its audited annual results for the year ending December 31, 2024, with a declared final ordinary cash dividend of RMB 0.6 per 10 shares. The payment date for the dividend is set for August 30, 2025, with other key dates such as the ex-dividend date and record date yet to be announced. This announcement reflects the company’s financial performance and commitment to returning value to shareholders.

Zhejiang Shibao Co. Ltd. Reports Strong Financial Growth in 2024

Zhejiang Shibao Co. Ltd. reported a significant increase in its financial performance for the year ended December 31, 2024. The company’s revenue rose by 48.04% to RMB 2.69 billion, while net profit attributable to shareholders surged by 93.15% to RMB 149.12 million. Despite a decrease in net cash flows from operating activities, the company saw an increase in total assets and net assets attributable to shareholders, indicating a strong financial position. This robust performance highlights Zhejiang Shibao’s strengthened market position and potential positive implications for its stakeholders.

Zhejiang Shibao Schedules Board Meeting to Approve Annual Results and Dividend

Zhejiang Shibao Co. Ltd. has announced that its board of directors will hold a meeting on March 28, 2025, to approve the company’s annual results for the year ending December 31, 2024, and to consider the recommendation of a final dividend payment. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.