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Z

Zhejiang Shibao Co 002703.SZ · CNY

Consumer Discretionary · Shenzhen · 🇨🇳 China

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14.06

+3.69%

Close of 9 Nov 2026, in CNY

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At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥3.55bn

FY2016FY2025

Net income

CN¥180.5m

FY2016FY2025

Free cash flow

CN¥20.1m

FY2016FY2025

Shareholders' equity

CN¥2.07bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥3.55bnCN¥2.69bnCN¥1.82bnCN¥1.39bnCN¥1.18bnCN¥1.10bnCN¥982.4mCN¥1.13bnCN¥1.15bnCN¥1.14bn
Gross profitCN¥657.8mCN¥509.4mCN¥338.9mCN¥249.0mCN¥238.0mCN¥247.6mCN¥104.7mCN¥190.8mCN¥203.7mCN¥256.6m
Research and developmentCN¥215.7mCN¥159.7mCN¥118.2mCN¥99.7mCN¥80.5mCN¥66.0mCN¥61.7mCN¥66.5mCN¥47.7mCN¥41.4m
Operating incomeCN¥262.2mCN¥154.8mCN¥86.6mCN¥23.3mCN¥31.4mCN¥37.1m−CN¥204.6mCN¥2.1mCN¥32.5mCN¥70.2m
Net incomeCN¥180.5mCN¥149.1mCN¥77.2mCN¥15.8mCN¥34.2mCN¥40.8m−CN¥176.7mCN¥7.3mCN¥32.7mCN¥63.5m
Diluted earnings per share0.220.180.100.020.040.05-0.220.010.040.08

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥3.83bnCN¥3.26bnCN¥2.65bnCN¥2.39bnCN¥2.08bnCN¥1.98bnCN¥1.98bnCN¥2.05bnCN¥2.10bnCN¥2.07bn
Cash and short-term investments—CN¥488.9mCN¥268.7mCN¥352.6mCN¥266.2mCN¥167.3mCN¥201.8mCN¥189.5mCN¥184.3mCN¥145.2m
Total liabilitiesCN¥1.73bnCN¥1.31bnCN¥1.19bnCN¥1.02bnCN¥720.6mCN¥647.0mCN¥680.6mCN¥554.6mCN¥615.4mCN¥580.9m
Debt—CN¥81.1mCN¥399.5mCN¥197.0mCN¥171.9mCN¥106.9mCN¥152.0mCN¥29.1mCN¥11.1mCN¥9.6m
Shareholders' equityCN¥2.07bnCN¥1.94bnCN¥1.47bnCN¥1.39bnCN¥1.38bnCN¥1.34bnCN¥1.30bnCN¥1.48bnCN¥1.47bnCN¥1.47bn
Shares outstanding823m823m790m790m791m788m787m769m802m789m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥234.2mCN¥1.2mCN¥3.2mCN¥110.9mCN¥39.6mCN¥95.7mCN¥39.8m−CN¥12.8m−CN¥38.1mCN¥92.0m
Capital spending−CN¥214.2m−CN¥101.3m−CN¥63.6m−CN¥77.3m−CN¥78.1m−CN¥93.8m−CN¥158.2m−CN¥141.0m−CN¥103.2m−CN¥121.0m
Free cash flowCN¥20.1m−CN¥100.1m−CN¥60.4mCN¥33.5m−CN¥38.4mCN¥1.9m−CN¥118.4m−CN¥153.8m−CN¥141.3m−CN¥29.0m
Dividends paid−CN¥51.4m−CN¥24.3m−CN¥7.3m−CN¥4.9m−CN¥4.5m−CN¥4.3m−CN¥3.0m−CN¥1.5m−CN¥32.0m−CN¥32.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥967.9mCN¥752.8mCN¥1.09bnCN¥937.6mCN¥806.4mCN¥717.8mCN¥875.9mCN¥691.2m
Gross profitCN¥164.9mCN¥160.2mCN¥220.1mCN¥163.2mCN¥133.4mCN¥130.3mCN¥151.3mCN¥142.8m
Operating incomeCN¥68.5mCN¥57.7mCN¥89.2mCN¥48.5mCN¥47.1mCN¥51.9mCN¥33.2mCN¥47.8m
Net incomeCN¥61.8mCN¥41.9mCN¥30.8mCN¥56.6mCN¥44.3mCN¥48.7mCN¥37.1mCN¥45.1m
Diluted earnings per share0.080.050.040.070.050.060.050.05
Cash from operations———CN¥102.0mCN¥15.0mCN¥75.0m—−CN¥19.0m
Capital spending−CN¥86.0m−CN¥38.0m−CN¥51.0m−CN¥62.0m−CN¥57.0m−CN¥42.0m−CN¥51.0m−CN¥20.0m
Free cash flow———CN¥40.0m−CN¥42.0mCN¥33.0m—−CN¥39.0m
Total assetsCN¥3.95bnCN¥3.80bnCN¥3.83bnCN¥3.67bnCN¥3.45bnCN¥3.29bnCN¥3.26bnCN¥2.97bn
Cash and short-term investments———CN¥544.7mCN¥475.7mCN¥529.6mCN¥488.9mCN¥407.2m
Debt———CN¥382.5mCN¥102.6mCN¥71.0mCN¥81.1mCN¥61.1m
Shareholders' equityCN¥2.18bnCN¥2.12bnCN¥2.07bnCN¥2.04bnCN¥1.99bnCN¥1.99bnCN¥1.94bnCN¥1.91bn

Financial ratios

Data as of 30 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin18.5%18.9%18.6%18.0%20.2%22.5%—
Operating margin7.4%5.7%4.8%1.7%2.7%3.4%—
Net margin5.1%5.5%4.2%1.1%2.9%3.7%—
Return on equity8.7%7.7%5.3%1.1%2.5%3.0%—
Return on assets4.7%4.6%2.9%0.7%1.6%2.1%—
Free cash flow yield3.5%0.8%0.5%1.5%1.0%1.5%—
Revenue growth31.8%48.0%31.2%17.7%6.9%12.2%—
Earnings growth21.1%93.2%387.9%-53.7%-16.4%-123.1%—
Current ratio1.56x1.78x1.50x1.49x1.66x1.66x—
Debt to equity—0.04x0.27x0.14x0.09x0.08x0.10x
Equity ratio54.1%59.5%55.5%58.3%66.3%67.9%—
Interest coverage113.29x31.42x10.78x4.15x6.11x6.63x—
R&D as a share of sales6.1%5.9%6.5%7.2%6.8%6.0%—
Buybacks as a share of market value0.0%-4.2%0.0%0.1%-0.3%-0.2%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue36.8%26.3%15.5%
Operating income124.1%47.9%16.9%
Net income125.1%34.6%12.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin18.7%18.6%19.1%18.9%
Operating margin6.7%5.6%5.1%3.2%
Net margin5.3%4.5%4.2%2.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings93.962.7136.7462.6146.3112.9-20.5442.8203.4153.3
Price to sales4.83.55.85.34.24.23.72.85.88.6

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 27 May 2025.

FY2025FY2024FY2017FY2016FY2015FY2014FY2013
Paid in the year0.060.0240.040.040.040.0320.032
  • 5-for-2 split · 31 Jul 2017

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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