Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
3,837.96
2,913.91
2,006.69
1,608.05
1,416.66
1,226.48
1,110.12
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
3,837.96
2,913.91
2,006.69
1,608.05
1,416.66
1,226.48
1,110.12
Raw Material Cost
3,160.40
2,331.59
1,618.40
1,322.50
1,136.27
971.48
981.27
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
115.68
83.07
87.49
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
3.72
5.34
8.88
6.53
6.20
6.28
5.11
Selling and Distribution Expenses
242.97
204.82
178.05
155.78
157.95
152.30
268.48
Other Expenses
21.67
15.55
10.93
9.53
-3.81
-2.73
-3.48
Total Expenditure (Excl Depreciation)
3,623.78
2,697.24
1,914.66
1,580.06
1,378.01
1,185.80
1,307.54
Operating Profit (PBDIT) excl Other Income
214.20000000000002
216.70000000000002
92
28
38.6
40.7
-197.39999999999998
Other Income
39.05
20.52
22.23
31.10
21.34
20.35
20.66
Operating Profit (PBDIT)
318.48
276.05
195.93
118.08
121.54
142.24
-129.35
Interest
3.72
5.34
8.88
6.53
6.20
6.28
5.11
Exceptional Items
-11.37
-11.43
-0.29
-0.95
8.66
0.08
-4.54
Gross Profit (PBDT)
677.56
582.32
388.29
285.55
280.39
255.00
128.85
Depreciation
97.69
94.18
93.93
88.93
90.62
95.40
92.51
Profit Before Tax
205.70
165.09
92.82
21.67
33.38
40.64
-231.51
Tax
-12.45
-17.95
-0.95
0.43
2.53
1.76
-9.40
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
195.77
161.68
85.31
18.40
41.17
45.90
-200.38
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
195.77
161.68
85.31
18.40
41.17
45.90
-200.38
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
22.37
21.36
8.47
2.84
-10.32
-7.02
-21.74
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
218.15
183.05
93.78
21.24
30.85
38.88
-222.12
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
1.11
1.06
1.1
1.12
1.22
1.19
1.12
Reserves
2,310.32
2,067.85
1,618.33
1,563.60
1,684.24
1,591.94
1,456.23
Earnings per share (EPS)
0.24
0.2
0.11
0.02
0.05
0.06
-0.25
Diluted Earnings per share
0.24
0.2
0.11
0.02
0.05
0.06
-0.25
Operating Profit Margin (Excl OI)
4.74%
5.54%
3.97%
-0.12%
0.68%
2.16%
-21.85%
Gross Profit Margin
7.9%
8.9%
9.31%
6.88%
8.75%
11.09%
-12.52%
PAT Margin
5.1%
5.55%
4.25%
1.14%
2.91%
3.74%
-18.05%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 31.71% vs 45.21% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 19.18% vs 95.10% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 9.35% vs 47.09% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is -30.19% vs -40.45% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has fallen from Dec 2024
Compare Annual Results Of Zhejiang Shibao Co., Ltd. With
Figures in Million
Consolidate Annual Results
Change(HKD)
Change(%)
Net Sales
3,837.96
6,296.93
-2,458.97
-39.05%
Other Operating Income
0.00
0.00
0.00
Total Operating income
3,837.96
6,296.93
-2,458.97
-39.05%
Raw Material Cost
3,160.40
5,029.44
-1,869.04
-37.16%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
1,159.91
-1,159.91
-100.00%
Power Cost
0
0
0.00
Manufacturing Expenses
3.72
121.14
-117.42
-96.93%
Selling and Distribution Expenses
242.97
903.53
-660.56
-73.11%
Other Expenses
21.67
-128.10
149.77
116.92%
Total Expenditure (Excl Depreciation)
3,623.78
5,932.97
-2,309.19
-38.92%
Operating Profit (PBDIT) excl Other Income
214.18
363.95
-149.77
-41.15%
Other Income
39.05
47.30
-8.25
-17.44%
Operating Profit (PBDIT)
318.48
716.04
-397.56
-55.52%
Interest
3.72
121.14
-117.42
-96.93%
Exceptional Items
-11.37
-6.14
-5.23
-85.18%
Gross Profit (PBDT)
677.56
1,267.48
-589.92
-46.54%
Depreciation
97.69
304.78
-207.09
-67.95%
Profit Before Tax
205.70
283.98
-78.28
-27.57%
Tax
-12.45
32.88
-45.33
-137.86%
Provisions and contingencies
0
0
0.00
Profit After Tax
195.77
243.51
-47.74
-19.60%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
195.77
243.51
-47.74
-19.60%
Share in Profit of Associates
0
0
0.00
Minority Interest
22.37
0.00
22.37
Other related items
0.00
0.00
0.00
Consolidated Net Profit
218.15
243.51
-25.36
-10.41%
Equity Capital
0
0
0.00
Face Value
1.11
0.00
0.00
Reserves
2,310.32
3,141.92
-831.60
-26.47%
Earnings per share (EPS)
0.24
0.14
0.10
71.43%
Diluted Earnings per share
0.24
0.14
0.10
71.43%
Operating Profit Margin (Excl OI)
4.74%
5.78%
0.00
-1.04%
Gross Profit Margin
7.90%
9.35%
0.00
-1.45%
PAT Margin
5.10%
3.87%
0.00
1.23%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 383.80 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 31.71% vs 45.21% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 21.81 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 19.18% vs 95.10% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 27.94 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 9.35% vs 47.09% in Dec 2024
Annual - Interest
Interest 0.37 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -30.19% vs -40.45% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 4.74%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






