Zhejiang Shibao Company Limited
Zhejiang Shibao Company Limited (HKSE: 1057) is trading at HK$3.82, about ₹47 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, up 1.60% today. Indian residents can buy Zhejiang Shibao from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$3.74
Today's high
HK$3.85
52 week low
HK$3.37
52 week high
HK$7.39
1057 opened at HK$3.76, closed previously at HK$3.76, and has traded between HK$3.37 and HK$7.39 over the past 52 weeks.
About
Zhejiang Shibao Company Limited, operating with its subsidiaries across the People's Republic of China, is engaged in the comprehensive research, design, development, production, and sale of automotive steering systems and their associated components. The company's product portfolio includes various automotive steering gears and other integral parts of steering mechanisms. Notably, it also supplies hydraulic power recirculating ball steering gears specifically for commercial vehicles, as well as advanced electric power steering and intelligent steering systems applicable to both passenger cars and commercial vehicles. Zhejiang Shibao Company Limited is a direct supplier of these steering solutions to automotive manufacturers. Established in 1984, the firm is headquartered in Hangzhou, China, and functions as a subsidiary of Zhejiang Shibao Holding Group Co., Ltd.
Key statistics
Avg. volume
10.04M
Market cap
HK$8.73B
P/E Ratio
67.34
Price-to-sales ratio
2.53
Enterprise value
CN¥3.25B
Free cash flow yield
0.55%
Debt-to-equity ratio
0.20
Return on equity
8.70%
ROIC
8.50%
Beta
0.92
Dividend yield
0.38%
Last dividend
HK$0.07
Financial overview
Revenue
CN¥3.55B
Earnings per share
CN¥0.22
Free cash flow
CN¥20.07M
Net profit margin
5.10%
Gross margin
18.74%
EBITDA
CN¥287.94M
Revenue growth
31.76%
Similar securities
This is not an investment recommendation
How to buy Zhejiang Shibao from India
Indian residents can buy Zhejiang Shibao shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for Zhejiang Shibao and place an order
Find Zhejiang Shibao by name or by its ticker, 1057, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Zhejiang Shibao trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Zhejiang Shibao position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Zhejiang Shibao from India
Trading and taxes when buying Zhejiang Shibao from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Zhejiang Shibao’s current yield is 0.38%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Zhejiang Shibao stock?
Yes. Zhejiang Shibao (1057) has been listed on the Hong Kong Stock Exchange since 2006, in the Auto - Parts industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Zhejiang Shibao share cost in rupees?
One Zhejiang Shibao share is HK$3.82 — about ₹47 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Zhejiang Shibao price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Zhejiang Shibao from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of Zhejiang Shibao?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Zhejiang Shibao shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Zhejiang Shibao price. Paasa issues a capital-gains statement for your return.
Does Zhejiang Shibao pay a dividend, and how is it taxed in India?
Yes. Zhejiang Shibao pays a dividend and the current yield is 0.38%; the last declared dividend was HK$0.07 per share, about ₹0.84. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Zhejiang Shibao from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is Zhejiang Shibao a Hong Kong SAR China company, and does that change how it is taxed?
Zhejiang Shibao trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Zhejiang Shibao trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Zhejiang Shibao shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Zhejiang Shibao holding, its cost and its closing value.
How do I sell Zhejiang Shibao and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.