Zhejiang Shibao Company Limited, together with its subsidiaries, researches, designs, develops, produces, and sells automotive steering system and components in the People’s Republic of China. More Details
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Zhejiang Shibao's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1057 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: 1057's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
7 Day Return
HK Auto Components
1 Year Return
HK Auto Components
Return vs Industry: 1057 exceeded the Hong Kong Auto Components industry which returned 77.7% over the past year.
Return vs Market: 1057 exceeded the Hong Kong Market which returned 27.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Zhejiang Shibao's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StCan Mixed Fundamentals Have A Negative Impact on Zhejiang Shibao Company Limited (HKG:1057) Current Share Price Momentum?
1 month ago | Simply Wall StZhejiang Shibao (HKG:1057) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
1 month ago | Simply Wall StReturn Trends At Zhejiang Shibao (HKG:1057) Aren't Appealing
Is Zhejiang Shibao undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 1057's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1057's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1057 is good value based on its PE Ratio (18x) compared to the HK Auto Components industry average (19x).
PE vs Market: 1057 is poor value based on its PE Ratio (18x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1057's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1057 is good value based on its PB Ratio (0.8x) compared to the HK Auto Components industry average (1.3x).
How is Zhejiang Shibao forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zhejiang Shibao has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Zhejiang Shibao performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1057 has a large one-off gain of CN¥25.3M impacting its March 31 2021 financial results.
Growing Profit Margin: 1057 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 1057's earnings have declined by 51.9% per year over the past 5 years.
Accelerating Growth: 1057 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1057 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (13.4%).
Return on Equity
High ROE: 1057's Return on Equity (4.3%) is considered low.
How is Zhejiang Shibao's financial position?
Financial Position Analysis
Short Term Liabilities: 1057's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥558.6M).
Long Term Liabilities: 1057's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥54.7M).
Debt to Equity History and Analysis
Debt Level: 1057's debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 1057's debt to equity ratio has increased from 0.7% to 7.9% over the past 5 years.
Debt Coverage: 1057's debt is well covered by operating cash flow (90.9%).
Interest Coverage: 1057's interest payments on its debt are well covered by EBIT (12.6x coverage).
What is Zhejiang Shibao current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1057's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1057's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1057's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1057's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1057 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1057's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bao Yi Zhang (47 yo)
Mr. Bao Yi Zhang has been a General Manager of Zhejiang Shibao Company Limited since December 28, 2017 and served as its Deputy General Manager since June 12, 2004 until December 28, 2017. Mr. Zhang worke...
CEO Compensation Analysis
Compensation vs Market: Bao Yi's total compensation ($USD98.63K) is below average for companies of similar size in the Hong Kong market ($USD302.77K).
Compensation vs Earnings: Bao Yi's compensation has been consistent with company performance over the past year.
Experienced Management: 1057's management team is seasoned and experienced (12 years average tenure).
Experienced Board: 1057's board of directors are seasoned and experienced ( 13.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zhejiang Shibao Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Zhejiang Shibao Company Limited
- Ticker: 1057
- Exchange: SEHK
- Founded: 1993
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: HK$3.955b
- Shares outstanding: 789.64m
- Website: https://www.zjshibao.com
Number of Employees
- Zhejiang Shibao Company Limited
- No. 6, 17th Avenue
- Zhejiang Province
Zhejiang Shibao Company Limited, together with its subsidiaries, researches, designs, develops, produces, and sells automotive steering system and components in the People’s Republic of China. The company ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 11:39|
|End of Day Share Price||2021/05/07 00:00|
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.