---
title: "Zhejiang Shibao Company Limited (002703.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002703.SZ.md"
symbol: "002703.SZ"
name: "Zhejiang Shibao Company Limited"
industry: "Automotive Parts and Equipment"
datetime: "2026-05-19T20:30:22.313Z"
locales:
  - [en](https://longbridge.com/en/quote/002703.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002703.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002703.SZ.md)
---

# Zhejiang Shibao Company Limited (002703.SZ)

## Company Overview

Zhejiang Shibao Company Limited, together with its subsidiaries, researches, develops, manufactures, and sells automotive steering systems and other key steering system components in the People’s Republic of China. It offers electric power steering products, including electric power recirculating ball steering gear, electro-hydraulic power recirculating ball steering gear, pinion- assisted and double-pinion-assisted electric power steering, rack-assisted electric power steering, and column-assisted electric power steering; and intelligent steering products, such as steering by wire system, lane keeping aid, rear wheel steering, fully redundant electric-hydraulic and dual motor redundant electric power recirculating ball steering gear. The company 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, 18-tooth spline injection molded intermediate shaft, 16-teeth injection slider intermediate shaft, ball-slider intermediate shaft, manual four-way adjustable steering column, steering knuckle and cylinder, pitman arm, hub bracket, and ECU, as well as castings and component products. It supplies steering products to automobile industry.

| Item | Detail |
|------|--------|
| Industry | Automotive Parts and Equipment |
| Exchange | CN Market |
| Website | [www.zjshibao.com](https://www.zjshibao.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:10.000Z

**Overall: B (0.33)**

**Industry**: Automotive Parts and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 24 / 194 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Growth - Stocks whose main business is in the growth stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 22.83% |  |
| Net Profit YoY | -1.38% |  |
| P/B Ratio | 7.31 |  |
| Dividend Ratio | 0.32% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 15458939085.15 |  |
| Revenue | 3580569808.82 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 8.45% | B |
| Profit Margin | 4.85% | C |
| Gross Margin | 21.28% | D |
| Revenue YoY | 22.83% | A |
| Net Profit YoY | -1.38% | C |
| Total Assets YoY | 15.45% | B |
| Net Assets YoY | 7.16% | B |
| Cash Flow Margin | 97.34% | C |
| OCF YoY | 22.83% | A |
| Turnover | 1.01 | A |
| Gearing Ratio | 43.46% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Zhejiang Shibao Company Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "22.83%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-1.38%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "7.31",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.32%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "15458939085.15",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "3580569808.82",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "8.45%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "4.85%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "21.28%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "22.83%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "-1.38%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "15.45%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "7.16%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "97.34%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "22.83%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "1.01",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "43.46%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 89.82 | 137/194 | 93.70 | 63.72 | 58.17 |
| PB | 7.37 | 178/194 | 8.45 | 5.66 | 5.15 |
| PS (TTM) | 4.35 | 143/194 | 5.18 | 3.68 | 3.41 |
| Dividend Yield | 0.32% | 115/194 | 0.65% | 0.43% | 0.28% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | FYG;FUYAO GLASS (600660.SH) | A | B | B | C | B | B |
| 02 | Tuopu Group (601689.SH) | B | B | B | C | B | B |
| 03 | Desay SV (002920.SZ) | B | B | A | C | B | B |
| 04 | KDL (002850.SZ) | B | B | B | C | B | B |
| 05 | YINLUN (002126.SZ) | B | B | B | D | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002703.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002703.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002703.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002703.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**