SEHK:1057Auto Components
Zhejiang Shibao (SEHK:1057) Stock Revenue Momentum Runs Into Margin Friction
The market has treated Zhejiang Shibao like a value story that never quite closes the gap, with the stock at HK$3.81 and described as inexpensive on both a discounted cash flow model and P/E screens. Yet Q2 has thrown a different spotlight on the auto components maker. Revenue reached ¥967.9m and basic earnings per share came in at ¥0.0752, which keeps trailing earnings growth in positive territory even as net profit margin has eased to 5.1%. The headline this quarter is a solid profit engine...