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Zhejiang Shibao XSEC:002703 Stock Report

Last Price

CN¥12.23

Market Cap

CN¥8.0b

7D

-2.7%

1Y

-6.0%

Updated

22 Dec, 2024

Data

Company Financials

Zhejiang Shibao Company Limited

XSEC:002703 Stock Report

Market Cap: CN¥8.0b

002703 Stock Overview

Researches, designs, develops, produces, and sells automotive steering systems and accessories in the People’s Republic of China. More details

002703 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Zhejiang Shibao Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Shibao
Historical stock prices
Current Share PriceHK$12.23
52 Week HighHK$15.20
52 Week LowHK$9.77
Beta0.86
1 Month Change-3.40%
3 Month Change16.25%
1 Year Change-6.00%
3 Year Change98.86%
5 Year Change158.02%
Change since IPO-18.38%

Recent News & Updates

Recent updates

Shareholder Returns

002703CN Auto ComponentsCN Market
7D-2.7%-1.9%-1.2%
1Y-6.0%11.9%11.8%

Return vs Industry: 002703 underperformed the CN Auto Components industry which returned 11.9% over the past year.

Return vs Market: 002703 underperformed the CN Market which returned 11.8% over the past year.

Price Volatility

Is 002703's price volatile compared to industry and market?
002703 volatility
002703 Average Weekly Movement7.7%
Auto Components Industry Average Movement8.3%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002703 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002703's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19842,007Bao Yi Zhangwww.zjshibao.com

Zhejiang Shibao Company Limited, together with its subsidiaries, researches, designs, develops, produces, and sells automotive steering systems and accessories in the People’s Republic of China. The company offers electric power steering products, including electric power manual recirculating ball steering gear, electro-hydraulic power recirculating ball steering gear, double-pinion-assisted electric power steering, rack-assisted electric power steering, and column-assisted electric power steering; and intelligent steering products, such as steer-by-wire steering, lane keeping aid, rear wheel steering, fully redundant electric-hydraulic and dual motor redundant electric power recirculating ball steering gear. It 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, intermediate shaft for passenger cars and commercial vehicles, four-way adjustable steering column for commercial vehicles, steering knuckle and cylinder, pitman arm, hub bracket, manual four-way adjustable steering column for passenger cars, and ECU, as well as casting products.

Zhejiang Shibao Company Limited Fundamentals Summary

How do Zhejiang Shibao's earnings and revenue compare to its market cap?
002703 fundamental statistics
Market capCN¥8.01b
Earnings (TTM)CN¥148.46m
Revenue (TTM)CN¥2.46b

15.4x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002703 income statement (TTM)
RevenueCN¥2.46b
Cost of RevenueCN¥1.96b
Gross ProfitCN¥496.14m
Other ExpensesCN¥347.68m
EarningsCN¥148.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin20.16%
Net Profit Margin6.03%
Debt/Equity Ratio3.2%

How did 002703 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

14%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang Shibao Company Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yong Huo LiangHaitong International Research Limited (Inactive)