Zhejiang Shibao Co Ltd: A Key Player in the Automobile Components Sector

Zhejiang Shibao Co Ltd, a prominent company in the Consumer Discretionary sector, has been making significant strides in the automobile components industry. Based in Hangzhou, China, the company specializes in the development, design, manufacturing, and selling of automobile steering and steering system parts. Its main products include hydraulic power recirculating ball steering, steering boosters, rack & pinion steerings, and control valves.

As of May 21, 2025, Zhejiang Shibao Co Ltd’s close price on the Hong Kong Stock Exchange was HKD 4.48. The company’s stock has experienced fluctuations over the past year, with a 52-week high of HKD 5.34 on October 7, 2024, and a 52-week low of HKD 1.96 on September 15, 2024. The market capitalization of the company stands at HKD 8,440,000,000, reflecting its substantial presence in the market.

The company’s financial metrics indicate a price-to-earnings ratio of 58.18, suggesting investor expectations of future growth. Zhejiang Shibao Co Ltd’s focus on innovative steering solutions positions it as a key player in the automobile components sector, catering to the evolving needs of the automotive industry.

As the company continues to expand its product offerings and market reach, it remains a significant entity within the Consumer Discretionary sector, particularly in the realm of automobile components.