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Zhejiang Shibao

SEHK:1057
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1057
SEHK
HK$4B
Market Cap
  1. Home
  2. HK
  3. Automobiles
Company description

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 last earnings update was 84 days ago. More info.


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  • Zhejiang Shibao has significant price volatility in the past 3 months.
1057 Share Price and Events
7 Day Returns
1.8%
SEHK:1057
-0.6%
HK Auto Components
1%
HK Market
1 Year Returns
-19%
SEHK:1057
-24.7%
HK Auto Components
-4.7%
HK Market
1057 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zhejiang Shibao (1057) 1.8% -1.8% -22.4% -19% -70.6% -72.4%
HK Auto Components -0.6% 2% -21.4% -24.7% -1.7% 17.5%
HK Market 1% 3.9% -7.8% -4.7% 17.5% 2%
1 Year Return vs Industry and Market
  • 1057 outperformed the Auto Components industry which returned -24.7% over the past year.
  • 1057 underperformed the Market in Hong Kong which returned -4.7% over the past year.
Price Volatility
1057
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Zhejiang Shibao's competitors could be found in our database.

Value

 Is Zhejiang Shibao undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Zhejiang Shibao. This is due to cash flow or dividend data being unavailable. The share price is HK$1.11.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Zhejiang Shibao's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zhejiang Shibao's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1057 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CNY CN¥0.00
SEHK:1057 Share Price ** SEHK (2019-07-18) in HKD HK$1.11
SEHK:1057 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.88 CN¥0.98
Hong Kong Auto Components Industry PE Ratio Median Figure of 21 Publicly-Listed Auto Components Companies 10.66x
Hong Kong Market PE Ratio Median Figure of 1,510 Publicly-Listed Companies 10.82x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Zhejiang Shibao.

SEHK:1057 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1057 Share Price ÷ EPS (both in CNY)

= 0.98 ÷ 0.00

480.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zhejiang Shibao is overvalued based on earnings compared to the HK Auto Components industry average.
  • Zhejiang Shibao is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Zhejiang Shibao's expected growth come at a high price?
Raw Data
SEHK:1057 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 480.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
33.9%per year
Hong Kong Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.62x
Hong Kong Market PEG Ratio Median Figure of 479 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Zhejiang Shibao, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zhejiang Shibao's assets?
Raw Data
SEHK:1057 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CNY CN¥1.86
SEHK:1057 Share Price * SEHK (2019-07-18) in HKD HK$1.11
SEHK:1057 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.88 CN¥0.98
Hong Kong Auto Components Industry PB Ratio Median Figure of 26 Publicly-Listed Auto Components Companies 1.35x
Hong Kong Market PB Ratio Median Figure of 2,197 Publicly-Listed Companies 0.92x
SEHK:1057 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1057 Share Price ÷ Book Value per Share (both in CNY)

= 0.98 ÷ 1.86

0.53x

* Primary Listing of Zhejiang Shibao.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zhejiang Shibao is good value based on assets compared to the HK Auto Components industry average.
X
Value checks
We assess Zhejiang Shibao's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Zhejiang Shibao has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Zhejiang Shibao expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Zhejiang Shibao, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zhejiang Shibao expected to grow at an attractive rate?
  • Zhejiang Shibao's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Zhejiang Shibao's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Zhejiang Shibao's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1057 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1057 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 33.9%
Hong Kong Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 11.7%
Hong Kong Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average -5.2%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 13.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1057 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1057 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1057 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-03-31 1,065 -41 2
2018-12-31 1,133 -13 7
2018-09-30 1,258 -2 -14
2018-06-30 1,200 -4 -13
2018-03-31 1,155 -65 9
2018-01-01 1,154 -23 33
2017-09-30 1,144 10 54
2017-06-30 1,151 75 64
2017-03-31 1,169 142 65
2016-12-31 1,136 92 63
2016-09-30 989 66 56
2016-06-30 927 52 56

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Zhejiang Shibao's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Zhejiang Shibao is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1057 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Zhejiang Shibao Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1057 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1057 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-03-31 0.00
2018-12-31 0.01
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 0.01
2018-01-01 0.04
2017-09-30 0.07
2017-06-30 0.08
2017-03-31 0.08
2016-12-31 0.08
2016-09-30 0.07
2016-06-30 0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Zhejiang Shibao will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Zhejiang Shibao's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Zhejiang Shibao has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Zhejiang Shibao performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Zhejiang Shibao's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Zhejiang Shibao's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Zhejiang Shibao's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Zhejiang Shibao's 1-year earnings growth is negative, it can't be compared to the HK Auto Components industry average.
Earnings and Revenue History
Zhejiang Shibao's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Zhejiang Shibao Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1057 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,064.57 1.60 151.29 65.16
2018-12-31 1,133.10 7.28 149.92 66.46
2018-09-30 1,257.60 -13.82 170.34 52.80
2018-06-30 1,199.61 -12.92 147.96 63.55
2018-03-31 1,155.09 9.16 127.76 63.55
2018-01-01 1,154.26 32.66 134.47 47.67
2017-09-30 1,144.40 53.73 159.16 28.17
2017-06-30 1,151.05 64.34 186.58
2017-03-31 1,169.41 64.61 191.19
2016-12-31 1,136.40 63.49 186.81
2016-09-30 989.21 55.96 163.49
2016-06-30 926.57 56.30 162.22
2016-03-31 881.15 54.04 163.65
2015-12-31 837.72 53.54 159.24
2015-09-30 847.07 54.92 161.09
2015-06-30 859.29 51.70 154.62
2015-03-31 828.28 45.98 149.05
2014-12-31 811.24 43.37 149.24
2014-09-30 775.21 42.14 141.74
2014-06-30 755.53 41.76 141.92
2014-03-31 702.49 49.22 134.42
2013-12-31 674.60 48.82 124.40
2013-09-30 595.25 52.98 112.61
2013-06-30 550.48 57.12 102.11
2013-03-31 573.83 71.17 91.43
2012-12-31 548.38 72.13 91.61
2012-09-30 597.87 93.38 86.79

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Zhejiang Shibao has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Zhejiang Shibao has efficiently used its assets last year compared to the HK Auto Components industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Zhejiang Shibao improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Zhejiang Shibao's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Zhejiang Shibao has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Zhejiang Shibao's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Zhejiang Shibao's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zhejiang Shibao is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Zhejiang Shibao's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Zhejiang Shibao's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 18.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Zhejiang Shibao Company Filings, last reported 3 months ago.

SEHK:1057 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,477.32 59.08 150.55
2018-12-31 1,490.52 29.08 189.53
2018-09-30 1,478.87 31.08 168.25
2018-06-30 1,478.58 66.08 321.80
2018-03-31 1,479.69 11.08 175.36
2018-01-01 1,488.56 11.08 314.34
2017-09-30 1,500.74 11.63 147.18
2017-06-30 1,502.57 11.63 399.24
2017-03-31 1,511.97 11.63 232.33
2016-12-31 1,493.87 9.63 459.76
2016-09-30 1,483.00 22.18 147.04
2016-06-30 1,471.16 22.18 449.83
2016-03-31 1,480.07 10.18 185.37
2015-12-31 1,462.46 35.18 503.38
2015-09-30 1,456.20 35.70 253.90
2015-06-30 1,444.80 209.70 682.12
2015-03-31 1,457.80 162.96 274.60
2014-12-31 1,442.11 278.96 760.41
2014-09-30 779.94 293.98 82.91
2014-06-30 770.93 279.06 110.66
2014-03-31 786.39 271.03 76.05
2013-12-31 775.43 250.63 66.95
2013-09-30 770.95 256.77 45.39
2013-06-30 763.82 247.42 60.06
2013-03-31 746.16 219.42 47.60
2012-12-31 733.83 220.92 82.54
2012-09-30 695.84 210.97 35.41
  • Zhejiang Shibao's level of debt (4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (34.5% vs 4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Zhejiang Shibao's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Zhejiang Shibao's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Zhejiang Shibao has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Zhejiang Shibao's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Zhejiang Shibao dividends.
If you bought HK$2,000 of Zhejiang Shibao shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Zhejiang Shibao's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zhejiang Shibao's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1057 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.2%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1057 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:1057 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2018-10-29 0.000 0.000
2018-08-20 0.000 0.000
2018-04-23 0.000 0.000
2018-03-26 0.000 0.000
2017-07-03 0.040 1.726
2016-06-23 0.040 1.255
2015-08-28 0.040 1.538
2014-07-02 0.032 1.089
2013-04-22 0.032 3.304
2012-03-19 0.040 4.760
2011-05-13 0.036 3.946
2010-03-26 0.028 2.418
2010-03-22 0.028 2.560
2009-06-08 0.020 3.882

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Zhejiang Shibao has not reported any payouts.
  • Unable to verify if Zhejiang Shibao's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Zhejiang Shibao's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Zhejiang Shibao has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Zhejiang Shibao's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Zhejiang Shibao afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Zhejiang Shibao has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Zhejiang Shibao's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bao Yi Zhang
COMPENSATION CN¥582,087
AGE 46
TENURE AS CEO 1.6 years
CEO Bio

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 worked in Zhejiang Shibao Steering in 1996 and served as the General Manager of Zhejiang Shibao Steering since February 2000. He is also the chairman of Hangzhou New Shibao Electric Power Steering Co., Ltd. and Beijing Autonics Technology Co., Ltd.; a director of Wuhu Sterling Steering System Co., Ltd. and the general manager of Hangzhou Shibao Auto Steering Gear Co., Ltd., all are subsidiaries of Zhejiang Shibao Company. He has rich experience in industry development of auto parts and business management. He has been Vice Chairman of Zhejiang Shibao Company Limited since June 12, 2004 and serves as its Executive Director. He was granted the title of Labour Model of Yiwu City in 2004. He graduated from the Zhejiang Industrial University Zhexi Branch School in 1995. Mr. Zhang was granted the title of “Labour Model of Yiwu City” in 2004.

CEO Compensation
  • Bao Yi's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Bao Yi's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Zhejiang Shibao management team in years:

11.5
Average Tenure
49.5
Average Age
  • The average tenure for the Zhejiang Shibao management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Bao Yi Zhang

TITLE
Vice Chairman & GM
COMPENSATION
CN¥582K
AGE
46
TENURE
1.6 yrs

Hao Han Tang

TITLE
Vice Chairman & Deputy GM
COMPENSATION
CN¥582K
AGE
51
TENURE
15.1 yrs

Lan Jun Zhang

TITLE
CFO, Finance Director & Executive Director
COMPENSATION
CN¥482K
AGE
44
TENURE
15.1 yrs

Xiao Ping Liu

TITLE
Deputy GM
COMPENSATION
CN¥2M
AGE
48
TENURE
5.6 yrs

Zhong Chao Yu

TITLE
Deputy General Manager
AGE
54
TENURE
12.9 yrs

Gen Mei Li

TITLE
Head of Finance Section

Lai Chun Huen

TITLE
Company Secretary
AGE
53
TENURE
10.2 yrs
Board of Directors Tenure

Average tenure and age of the Zhejiang Shibao board of directors in years:

12.1
Average Tenure
54.5
Average Age
  • The average tenure for the Zhejiang Shibao board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Shi Quan Zhang

TITLE
Co-Founder & Chairman
COMPENSATION
CN¥600K
AGE
69
TENURE
15.1 yrs

Bao Yi Zhang

TITLE
Vice Chairman & GM
COMPENSATION
CN¥582K
AGE
46
TENURE
15.1 yrs

Hao Han Tang

TITLE
Vice Chairman & Deputy GM
COMPENSATION
CN¥582K
AGE
51
TENURE
15.1 yrs

Lan Jun Zhang

TITLE
CFO, Finance Director & Executive Director
COMPENSATION
CN¥482K
AGE
44

Xiao Ping Liu

TITLE
Deputy GM
COMPENSATION
CN¥2M
AGE
48
TENURE
1.1 yrs

Min Du

TITLE
Chairman of the Supervisory Committee
COMPENSATION
CN¥105K
AGE
64
TENURE
12.1 yrs

Shing Kei Shum

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥126K
AGE
48
TENURE
4.1 yrs

Yi Lin

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥30K
AGE
66
TENURE
1.1 yrs

Shi Zhong Zhang

TITLE
Non-Executive Director
COMPENSATION
CN¥277K
AGE
58
TENURE
15.1 yrs

Kong Hui Guo

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥60K
AGE
84
TENURE
5.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Zhejiang Shibao's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Zhejiang Shibao has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

The Zhejiang Shibao (HKG:1057) Share Price Is Down 64% So Some Shareholders Are Wishing They Sold

Over three years, Zhejiang Shibao grew revenue at 6.7% per year. … We'd be remiss not to mention the difference between Zhejiang Shibao's total shareholder return (TSR) and its share price return. … Its history of dividend payouts mean that Zhejiang Shibao's TSR, which was a 63% drop over the last 3 years, was not as bad as the share price return.

Simply Wall St -

Introducing Zhejiang Shibao, The Stock That Slid 55% In The Last Three Years

Sadly for them, the share price is down 55% in that time. … One flawed but reasonable way to assess how sentiment around a company has changed, is to compare the earnings per share (EPS) with the share price. … Over the three years that the share price declined, Zhejiang Shibao's earnings per share (EPS) dropped significantly, falling to a loss.

Simply Wall St -

Could The Zhejiang Shibao Company Limited (HKG:1057) Ownership Structure Tell Us Something Useful?

If you want to know who really controls Zhejiang Shibao Company Limited (HKG:1057), then you'll have to look at the makeup of its share registry. … With a market capitalization of HK$3.2b, Zhejiang Shibao is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Zhejiang Shibao

Simply Wall St -

Does Zhejiang Shibao Company Limited (HKG:1057) Have A High Beta?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

What Kind Of Shareholders Own Zhejiang Shibao Company Limited (HKG:1057)?

Today, I will be analyzing Zhejiang Shibao Company Limited’s (HKG:1057) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership structure of a company has been found to affect share performance over time. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

Zhejiang Shibao Company Limited (HKG:1057): Risks You Need To Consider Before Buying

The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few.

Simply Wall St -

Company Info

Description

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 offers automotive steering gears, and other components and parts of steering system. It also provides power recirculating ball steering gears for use in light, medium, and heavy duty trucks and buses; power rack-and-pinion steering gears and steering knuckles for use in passenger cars; and EPS systems for use in energy-saving and new energy vehicles. Zhejiang Shibao Company Limited supplies steering products to automakers. The company was founded in 1993 and is headquartered in Hangzhou, China. Zhejiang Shibao Company Limited is a subsidiary of Zhejiang Shibao Holding Group Co., Ltd.

Details
Name: Zhejiang Shibao Company Limited
1057
Exchange: SEHK
Founded: 1993
HK$4,390,847,755
789,644,637
Website: http://www.zjshibao.com
Address: Zhejiang Shibao Company Limited
No. 6, 17th Avenue,
HEDA,
Hangzhou,
Zhejiang Province, 310018,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1057 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 16. May 2006
SHSC 1057 Foreign Shares-Foreign Listed Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 16. May 2006
SZSC 1057 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 16. May 2006
SZSE 002703 Domestic Shares Shenzhen Stock Exchange CN CNY 02. Nov 2012
XSEC 002703 Domestic Shares Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect CN CNY 02. Nov 2012
Number of employees
Current staff
Staff numbers
1,571
Zhejiang Shibao employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 12:42
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2018/03/25
Last earnings filing: 2019/04/25
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.