Zhibao Technology (ZBAO) Equity Ratio (2023 - 2025)

Zhibao Technology's (ZBAO) quarterly Equity Ratio came in at 0.17 in Q4 2025, down 24.68% year-on-year from 0.23 in Q4 2024, and up 20.33% quarter-over-quarter from 0.14 in Q2 2025.

Zhibao Technology (ZBAO) Equity Ratio (2023 - 2025) Analysis & Trends

Zhibao Technology has disclosed Equity Ratio across 3 years of filings, most recently posting 0.17 for Q4 2025.

  • Equity Ratio for Q4 2025 came in at 0.17, down 24.68% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.17 (down 24.68% YoY), and the FY2025 annual result was 0.14, down 52.82% from the prior year.
  • Equity Ratio came in at 0.17 for Q4 2025 at Zhibao Technology, up from 0.14 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.42 in Q2 2023 to a low of 0.07 in Q4 2023.
  • The 3-year median for Equity Ratio is 0.2 (2025), against an average of 0.22.
  • Across the five-year window, Equity Ratio surged 252.26% in 2024 and plunged 52.82% in 2025, its largest moves.
  • Zhibao Technology's Equity Ratio stood at 0.07 in 2023, then jumped by 252.26% to 0.23 in 2024, then fell by 24.68% to 0.17 in 2025.
  • The last three Equity Ratio figures came in at 0.17 (Q4 2025), 0.14 (Q2 2025), and 0.23 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 0.25
2 Aon 69.98 Bn 68.59 Bn - 0.19
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 0.30
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 0.27
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 0.42
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -12.69
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - -2.50
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 0.58
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 0.08
10 Zhibao Technology 10.45 -831,217.71 - 0.17

Historic Data

Download Data
DateValue
Dec 31, 2025 0.17
Jun 30, 2025 0.14
Dec 31, 2024 0.23
Jun 30, 2024 0.31
Dec 31, 2023 0.07
Jun 30, 2023 0.42