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Zhejiang Shibao Co Ltd

Zhejiang Shibao Co Ltd

002703 · SHE · Consumer Cyclical / Auto Parts

15.72CNY-0.50 (-3.08%)

Price History

Full chart

Market Stats

Previous Close16.22
Open16.24
Day Range15.60 – 16.58
52-Week Range11.27 – 28.65
Volume55.11M
Market Cap12.87B
P/E (TTM)68.04
Forward P/E95.24
EPS0.23
Dividend Yield0.38%
Beta0.92
50-Day Avg15.23
200-Day Avg18.63

About

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.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Shi Quan Zhang
  • Employees2.60K
  • HeadquartersNo. 6, 17th Avenue, Hangzhou, China, 310018, China
  • Websitehttps://www.zjshibao.com

Leadership

  • Mr. Shi Quan ZhangCo-Founder & Chairman · b. 1950
  • Mr. Bao Yi ZhangExecutive Vice Chairman & GM · b. 1973
  • Mr. Hao Han TangExecutive Vice Chairman & Deputy GM · b. 1968
  • Ms. Lan Jun ZhangCFO, Finance Director & Executive Director · b. 1975
  • Mr. Yu ZhouDeputy GM & Executive Director · b. 1980
  • Ms. Xiao Ping LiuBoard Secretary · b. 1971
  • Mr. Zhong Chao YuDeputy General Manager · b. 1965
  • Gen Mei LiAccounting Supervisor
  • Ms. Lai Chun Huen FCCACompany Secretary · b. 1966

Financials

Income Statement

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue365.27M545.94M625.92M548.38M674.60M811.24M837.72M1.14B1.15B1.13B982.37M1.10B1.18B1.39B1.82B2.69B3.55B
Growth (%)-+49.46%+14.65%-12.39%+23.02%+20.26%+3.26%+35.65%+1.57%-1.83%-13.30%+12.19%+6.88%+17.70%+31.24%+48.04%+31.76%
Cost of Revenue228.73M349.89M403.89M377.82M497.27M594.49M621.10M879.79M950.54M942.29M877.67M854.51M939.92M1.14B1.48B2.18B2.89B
Gross Profit136.54M196.05M222.03M170.56M177.32M216.75M216.62M256.61M203.72M190.81M104.70M247.62M238.00M249.03M338.88M509.37M657.80M
Gross Margin37.38%35.91%35.47%31.10%26.29%26.72%25.86%22.58%17.65%16.84%10.66%22.47%20.20%17.96%18.63%18.91%18.54%
Operating Expense63.85M80.83M100.40M98.58M133.71M177.32M161.75M186.44M171.26M188.69M309.34M210.53M210.34M230.41M252.24M354.56M395.56M
Operating Income72.69M115.22M121.63M71.99M43.61M39.42M54.87M70.17M32.46M2.12M-204.64M37.09M27.65M18.62M86.64M154.82M262.24M
Operating Margin19.90%21.10%19.43%13.13%6.46%4.86%6.55%6.17%2.81%0.19%-20.83%3.37%2.35%1.34%4.76%5.75%7.39%
EBITDA95.81M142.90M165.42M107.66M93.65M117.18M112.86M128.15M84.88M43.45M-130.59M128.56M89.96M81.59M173.78M246.49M287.94M
EBITDA Margin26.23%26.17%26.43%19.63%13.88%14.45%13.47%11.28%7.35%3.83%-13.29%11.67%7.64%5.88%9.55%9.15%8.11%
Net Income66.36M103.40M112.87M72.13M48.82M43.37M53.54M63.49M32.66M7.28M-176.71M40.85M34.16M15.82M77.20M149.12M180.52M
Net Income Margin18.17%18.94%18.03%13.15%7.24%5.35%6.39%5.59%2.83%0.64%-17.99%3.71%2.90%1.14%4.24%5.54%5.09%
R&D9.53M12.33M14.68M16.29M25.50M33.84M37.07M41.42M47.67M66.46M61.71M66.01M80.48M99.67M118.20M159.71M215.70M
R&D as % of Total Revenue2.61%2.26%2.35%2.97%3.78%4.17%4.42%3.64%4.13%5.87%6.28%5.99%6.83%7.19%6.50%5.93%6.08%
Interest Expense289.89K1.24M6.73M9.12M12.12M16.77M7.16M615.27K1.25M3.23M4.51M5.59M5.14M5.61M8.04M4.93M2.31M
Interest Expense % of Total Revenue0.08%0.23%1.07%1.66%1.80%2.07%0.85%0.05%0.11%0.28%0.46%0.51%0.44%0.40%0.44%0.18%0.07%

Balance Sheet

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets605.42M811.02M1.05B1.18B1.31B2.10B1.89B2.07B2.10B2.05B1.98B1.98B2.08B2.39B2.65B3.26B3.83B
Total Liabilities134.92M234.24M389.37M448.41M538.72M658.96M423.34M580.87M615.41M554.56M680.56M647.01M720.62M1.02B1.19B1.31B1.73B
Total Equity466.41M552.05M641.37M716.94M743.55M1.42B1.44B1.47B1.47B1.48B1.30B1.34B1.38B1.39B1.47B1.94B2.07B
Cash38.61M65.30M43.23M78.54M66.95M760.41M503.38M145.16M184.34M129.53M130.82M166.39M195.85M232.23M158.48M418.55M488.87M
Total Debt5.09M55.09M157.10M220.92M250.63M278.96M35.18M9.63M11.08M29.08M151.99M106.92M171.92M196.98M399.49M81.11M-
Net Debt-33.52M-10.21M113.87M142.38M183.68M-481.45M-468.20M-135.53M-173.26M-100.45M21.16M-59.47M-23.93M-35.24M24.18M-337.44M-

Cash Flow

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow57.80M66.74M44.96M18.20M58.11M88.73M75.76M92.02M-38.10M-12.85M39.80M95.70M39.63M110.87M3.20M1.17M234.24M
Investing Cash Flow-60.24M-80.66M-122.04M-42.47M-46.11M-48.90M-49.79M-399.94M112.40M-45.81M-162.80M-18.16M-101.55M-117.14M-54.45M-102.79M-
Financing Cash Flow-13.81M30.05M68.86M60.32M-30.41M646.86M-282.39M-60.79M-31.28M18.54M119.70M-49.25M60.50M19.49M11.16M194.77M-
Capital Expenditure68.47M75.98M142.17M55.70M31.21M78.06M61.99M121.02M103.16M140.96M158.25M93.76M78.06M77.33M63.57M101.29M214.17M
Free Cash Flow-10.67M-9.23M-97.21M-37.50M26.90M10.67M13.77M-29.00M-141.27M-153.81M-118.44M1.94M-38.43M33.54M-60.37M-100.12M20.07M
Dividends Paid13.21M19.35M30.17M38.04M36.62M39.16M38.33M32.24M31.97M1.46M3.03M4.25M4.47M4.88M7.27M24.32M51.38M
FCF to OCF-18.45%-13.84%-216.22%-206.01%46.29%12.02%18.18%-31.52%370.75%1196.96%-297.59%2.03%-96.97%30.25%-1888.48%-8583.72%8.57%
Dividend Paid to FCF-123.81%-209.56%-31.03%-101.45%136.15%367.18%278.27%-111.18%-22.63%-0.95%-2.56%219.06%-11.62%14.55%-12.05%-24.29%256.02%

Earnings

Report DateMar 31, 2013Jun 30, 2013Oct 22, 2013Mar 21, 2014Apr 25, 2014Aug 22, 2014Oct 21, 2014Mar 20, 2015Apr 24, 2015Aug 21, 2015Oct 20, 2015Feb 29, 2016Apr 27, 2016Aug 26, 2016Oct 24, 2016Feb 28, 2017Apr 25, 2017Aug 20, 2017Oct 22, 2017Mar 25, 2018Apr 23, 2018Aug 19, 2018Oct 28, 2018Mar 24, 2019Apr 25, 2019Aug 25, 2019Oct 25, 2019Mar 23, 2020Apr 29, 2020Aug 24, 2020Oct 26, 2020Mar 29, 2021Apr 26, 2021Aug 26, 2021Oct 28, 2021Mar 31, 2022Apr 28, 2022Aug 21, 2022Oct 30, 2022Mar 17, 2023Apr 27, 2023Aug 21, 2023Oct 26, 2023Mar 28, 2024Jun 17, 2024Aug 26, 2024Oct 29, 2024Mar 31, 2025Apr 22, 2025Aug 27, 2025Oct 28, 2025Apr 27, 2026Aug 21, 2026
EPS Estimate-----------------------------------------------------
EPS Actual0.020.030.010.010.020.020.010.010.020.030.020.010.020.030.020.020.020.030.00-0.01-0.01-0.000.000.02-0.01-0.01-0.02-0.18-0.000.030.030.000.030.020.01-0.01-0.010.010.010.010.010.010.030.050.030.050.050.050.060.050.070.050.08
Surprise-----------------------------------------------------
Timing-----------Pre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market-----------Pre-marketPre-market---After-hours-After-hoursAfter-hoursAfter-hours--Pre-market-----

Key Statistics & Ratios

Market Cap12.87B
Enterprise Value9.41B
Trailing P/E68.04
Forward P/E95.24
Price / Sales3.44
Price / Book5.74
EPS0.23
Book Value2.65
Revenue (TTM)3.75B
Gross Profit (TTM)659.50M
EBITDA280.89M
Profit Margin5.11%
Operating Margin4.62%
Return on Equity9.98%
Return on Assets3.16%
Shares Outstanding605.85M
Shares Float534.70M
Beta0.92
Dividend Yield0.38%
Dividend Rate0.06
Payout Ratio30.77%

Dividends

20261×
0.06Aug 31, 2026
20251×
0.06May 27, 2025
20242×
0.02Aug 16, 20240.03Jul 19, 2024
20171×
0.10Jul 31, 2017
20161×
0.04Jul 18, 2016
20151×
0.04Jul 31, 2015
20141×
0.03Jul 31, 2014
20131×
0.03Jun 26, 2013

Stock Splits

  • Jul 31, 201725:10