002703.SHE Zhejiang Shibao Co Ltd
- Market cap
- CNY 11.4B
- P/E
- 63.0x
- P/B
- 5.17x
- ROE
- 9.3%
- Dividend yield
- 0.45%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002703.SHE undervalued?
Graham numberThe Graham number of Zhejiang Shibao Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhejiang Shibao Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Shibao Co Ltd yet.
Zhejiang Shibao Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Zhejiang Shibao Co Ltd
Zhejiang Shibao Company Limited, together with its subsidiaries, researches, develops, manufactures, and sells automotive steering systems and other key steering system components in the People's Republic of China. It offers electric power steering products, including electric power recirculating ball steering gear, electro-hydraulic power recirculating ball steering gear, pinion- assisted and double-pinion-assisted electric power steering, rack-assisted electric power steer…
Full company profileZhejiang Shibao Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhejiang Shibao Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1.14B | 1.15B | 1.13B | 982M | 1.10B | 1.18B | 1.39B | 1.82B | 2.69B | 3.55B | 3.73B |
| Gross Profit | 257M | 204M | 191M | 105M | 248M | 238M | 249M | 339M | 509M | 658M | 646M |
| Operating Income | 70.2M | 32.5M | 2.12M | -205M | 37.1M | 27.7M | 18.6M | 86.6M | 155M | 262M | 227M |
| EBITDA | 128M | 84.9M | 43.4M | -131M | 129M | 90.0M | 81.6M | 174M | 246M | 288M | 216M |
| Net Income | 63.5M | 32.7M | 7.28M | -177M | 40.8M | 34.2M | 15.8M | 77.2M | 149M | 181M | 202M |
| EPS | 0.08 | 0.04 | 0.01 | -0.22 | 0.05 | 0.04 | 0.02 | 0.10 | 0.18 | 0.22 | 0.25 |
| Balance Sheet | |||||||||||
| Total Assets | 2.07B | 2.10B | 2.05B | 1.98B | 1.98B | 2.08B | 2.39B | 2.65B | 3.26B | 3.83B | 4.15B |
| Total Liabilities | 581M | 615M | 555M | 681M | 647M | 721M | 1.02B | 1.19B | 1.31B | 1.73B | 1.94B |
| Shareholders' Equity | 1.47B | 1.47B | 1.48B | 1.30B | 1.34B | 1.38B | 1.39B | 1.47B | 1.94B | 2.07B | 2.18B |
| Cash & Short-term Investments | 145M | 184M | 190M | 202M | 167M | 266M | 353M | 269M | 489M | 489M | 648M |
| Total Debt | 9.63M | 11.1M | 29.1M | 152M | 107M | 172M | 197M | 399M | 81.1M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 92.0M | -38.1M | -12.8M | 39.8M | 95.7M | 39.6M | 111M | 3.20M | 1.17M | 234M | - |
| Capital Expenditure | 121M | 103M | 141M | 158M | 93.8M | 78.1M | 77.3M | 63.6M | 101M | 214M | 196M |
| Free Cash Flow | -29.0M | -141M | -154M | -118M | 1.94M | -38.4M | 33.5M | -60.4M | -100M | 20.1M | 163M |
| Ratios | |||||||||||
| ROE | 4.3% | 2.2% | 0.5% | -13.6% | 3.0% | 2.5% | 1.1% | 5.3% | 7.7% | 8.7% | 9.3% |
| ROA | 3.1% | 1.6% | 0.4% | -8.9% | 2.1% | 1.6% | 0.7% | 2.9% | 4.6% | 4.7% | 4.9% |
| Net Profit Margin | 5.6% | 2.8% | 0.6% | -18.0% | 3.7% | 2.9% | 1.1% | 4.2% | 5.5% | 5.1% | 5.4% |
| Debt to Equity | 0.01x | 0.01x | 0.02x | 0.12x | 0.08x | 0.12x | 0.14x | 0.27x | 0.04x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhejiang Shibao Co Ltd dividends
- Dividend yield
- 0.45%
- Forward dividend
- 0.06 CNY
- Payout ratio
- 28.5%
- Ex-dividend date
- Aug 31, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 51.4M | 0.06 | 28.5% |
| 2024 | CNY 24.3M | 0.03 | 16.3% |
| 2023 | CNY 7.27M | 0.01 | 9.4% |
| 2022 | CNY 4.88M | 0.01 | 30.8% |
| 2021 | CNY 4.47M | 0.01 | 13.1% |
| 2020 | CNY 4.25M | 0.01 | 10.4% |
| 2019 | CNY 3.03M | 0.00 | - |
| 2018 | CNY 1.46M | 0.00 | 20.1% |
| 2017 | CNY 32.0M | 0.04 | 97.9% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 25:10 on Jul 31, 2017.
Who owns Zhejiang Shibao Co Ltd
- Insiders 48.47%
- Institutions 0.79%
- Public & others 50.74%
- Shares outstanding 606M
- Free float 535M
Zhejiang Shibao Co Ltd company profile
- Company name
- Zhejiang Shibao Co Ltd
- Ticker
- 002703.SHE
- ISIN
- CNE100001MJ9
- Exchange
- Shenzhen Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Automobile Components
- Employees
- 2,596
- Fiscal year end
- December
- Address
- No. 6, 17th Avenue, Hangzhou, China, 310018
- Phone
- 86 57 1280 25690
- Website
- zjshibao.com
About Zhejiang Shibao Co Ltd
Zhejiang Shibao Company Limited, together with its subsidiaries, researches, develops, manufactures, and sells automotive steering systems and other key steering system components in the People's Republic of China. It offers electric power steering products, including electric power recirculating ball steering gear, electro-hydraulic power recirculating ball steering gear, pinion- assisted and double-pinion-assisted electric power steering, rack-assisted electric power steering, and column-assisted electric power steering; and intelligent steering products, such as steering by wire system, lane keeping aid, rear wheel steering, fully redundant electric-hydraulic and dual motor redundant electric power recirculating ball steering gear. The company also provides hydraulic power steering gear products comprising dual circuit hydraulic power recirculating ball steering gear, hydraulic power recirculating ball steering gear, and hydraulic power rack and pinion steering gear; manual steering gear products, including manual recirculating ball steering gear, and manual rack and pinion steering gear; and steering parts, such as electric four-way adjustable steering column, 18-tooth spline injection molded intermediate shaft, 16-teeth injection slider intermediate shaft, ball-slider intermediate shaft, manual four-way adjustable steering column, steering knuckle and cylinder, pitman arm, hub bracket, and ECU, as well as castings and component products. It supplies steering products to automobile industry. The company was founded in 1984 and is based in Hangzhou, the People's Republic of China.
Zhejiang Shibao Co Ltd management
9- Mr. Shi Quan ZhangCo-Founder & Chairman · born 1950
- Mr. Bao Yi ZhangExecutive Vice Chairman & GM · born 1973
- Mr. Hao Han TangExecutive Vice Chairman & Deputy GM · born 1968
- Ms. Lan Jun ZhangCFO, Finance Director & Executive Director · born 1975
- Mr. Yu ZhouDeputy GM & Executive Director · born 1980
- Ms. Xiao Ping LiuBoard Secretary · born 1971
- Mr. Zhong Chao YuDeputy General Manager · born 1965
- Gen Mei LiAccounting Supervisor
- Ms. Lai Chun Huen FCCACompany Secretary · born 1966