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Zhejiang Songyuan Automotive Safety

300893 · SHE · Consumer Cyclical / Auto Parts

14.88CNY-0.28 (-1.85%)

Price History

Full chart

Market Stats

Previous Close15.16
Open15.04
Day Range14.81 – 15.46
52-Week Range12.52 – 29.28
Volume7.19M
Market Cap7.17B
P/E (TTM)21.61
Forward P/E0.00
EPS0.70
Dividend Yield0.52%
Beta0.29
50-Day Avg14.85
200-Day Avg20.17

About

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd., together with its subsidiaries, engages in the design, research, development, production, sale, and service of automotive parts and accessories in China and internationally. The company offers seat belt assemblies, air bags, steering wheels, other automotive passive safety system products, special seat safety devices, emergency locking seat belts, force-limiting seat belts, zero-gravity seat belts, and pretensioning motor seat belts. It also provides airbag controllers, collision sensors, door pressure sensors, steering wheel switches, controllers with integrated hands-off detection and electric heating. The company is also involved in technology promotion and application services. Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. was incorporated in 2001 and is based in Yuyao, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Kaina Hu
  • Employees2.03K
  • HeadquartersNo. 1, Yunheyan Road, Yuyao, China, 315456, China
  • Websitehttps://www.songyuansafety.com

Leadership

  • Mr. Kaina HuGM & Vice Chairman of the Board · b. 1988
  • Mr. Xiao Ping GuoFinancial Director & Accounting Supervisor · b. 1980
  • Mr. Kelei LiDeputy GM & Director · b. 1979
  • Mr. Hong ZhaoDeputy General Manager · b. 1986

Financials

Income Statement

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue420.75M426.24M420.83M465.00M535.93M745.08M991.87M1.28B1.97B2.68B
Growth (%)-+1.30%-1.27%+10.50%+15.25%+39.03%+33.12%+29.09%+53.94%+35.88%
Cost of Revenue274.88M284.25M279.40M295.11M352.46M501.69M713.62M887.56M1.42B1.92B
Gross Profit145.87M141.99M141.43M169.90M183.47M243.39M278.25M392.82M553.40M762.95M
Gross Margin34.67%33.31%33.61%36.54%34.23%32.67%28.05%30.68%28.08%28.49%
Operating Expense78.48M84.35M68.58M77.20M80.27M116.95M156.30M168.93M260.25M284.24M
Operating Income67.40M57.64M72.85M92.70M103.20M126.44M121.95M223.89M293.15M478.71M
Operating Margin16.02%13.52%17.31%19.94%19.26%16.97%12.30%17.49%14.87%17.88%
EBITDA84.05M75.54M91.67M111.63M123.78M151.24M162.42M296.05M397.27M555.43M
EBITDA Margin19.98%17.72%21.78%24.01%23.10%20.30%16.38%23.12%20.16%20.74%
Net Income58.01M50.07M63.50M80.59M90.03M111.27M118.04M197.78M260.38M366.37M
Net Income Margin13.79%11.75%15.09%17.33%16.80%14.93%11.90%15.45%13.21%13.68%
R&D20.24M22.48M20.68M19.98M26.43M39.83M56.07M67.33M97.84M166.57M
R&D as % of Total Revenue4.81%5.27%4.91%4.30%4.93%5.35%5.65%5.26%4.96%6.22%
Interest Expense3.76M5.28M5.56M3.86M3.22M3.33M8.51M14.52M23.87M27.57M
Interest Expense % of Total Revenue0.89%1.24%1.32%0.83%0.60%0.45%0.86%1.13%1.21%1.03%

Balance Sheet

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets438.59M494.53M494.62M552.84M884.73M1.09B1.55B1.98B3.14B4.09B
Total Liabilities198.90M204.78M174.50M188.13M173.70M314.09M672.98M916.69M1.80B2.05B
Total Equity239.69M289.75M320.12M364.71M711.03M772.30M873.50M1.06B1.34B2.04B
Cash20.97M36.18M22.73M25.55M123.57M104.61M108.11M108.52M239.74M101.39M
Total Debt20.00M55.27M59.30M50.87M-103.32M312.32M431.87M963.20M-
Net Debt-974.00K19.09M36.57M25.32M-99.27M-1.29M204.21M323.36M723.47M846.54M

Cash Flow

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow16.79M46.04M78.81M82.05M55.54M104.65M61.30M163.40M139.52M26.20M
Investing Cash Flow-36.76M-34.47M-42.66M-31.18M-161.31M-176.81M-224.08M-299.72M-619.31M-
Financing Cash Flow16.45M5.93M-44.21M-47.23M206.26M43.89M114.87M106.87M578.41M-
Capital Expenditure34.61M37.10M42.87M31.56M71.88M211.83M286.63M291.13M621.14M463.72M
Free Cash Flow-17.82M8.94M35.95M50.49M-16.34M-107.18M-225.32M-127.72M-481.62M-437.52M
Dividends Paid48.75M29.34M48.24M38.73M22.47M50.00M30.00M34.72M61.13M64.75M
FCF to OCF-106.17%19.42%45.61%61.54%-29.41%-102.42%-367.57%-78.17%-345.19%-1670.11%
Dividend Paid to FCF-273.53%328.10%134.21%76.71%-137.57%-46.65%-13.31%-27.19%-12.69%-14.80%

Earnings

Report DateSep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Apr 28, 2022Aug 29, 2022Oct 25, 2022Apr 17, 2023Aug 28, 2023Oct 23, 2023May 6, 2024Aug 30, 2024Oct 28, 2024Apr 22, 2025Aug 21, 2025Oct 25, 2025Apr 27, 2026Aug 24, 2026
EPS Estimate-------------------
EPS Actual0.060.060.060.060.050.100.090.160.170.140.240.350.140.250.310.190.230.160.10
Surprise-------------------
Timing-----After-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hours-Pre-marketPre-market----

Key Statistics & Ratios

Market Cap7.17B
Enterprise Value8.01B
Trailing P/E21.61
Forward P/E0.00
Price / Sales2.46
Price / Book3.16
EPS0.70
Book Value4.49
Revenue (TTM)2.92B
Gross Profit (TTM)758.10M
EBITDA513.44M
Profit Margin11.28%
Operating Margin7.33%
Return on Equity18.39%
Return on Assets6.05%
Shares Outstanding473.96M
Shares Float144.23M
Beta0.29
Dividend Yield0.52%
Dividend Rate0.08
Payout Ratio15.90%

Dividends

20261×
0.08Jun 12, 2026
20251×
0.10Jun 6, 2025
20241×
0.10May 23, 2024
20231×
0.05Jun 14, 2023
20221×
0.10May 31, 2022
20211×
0.11May 31, 2021

Stock Splits

  • Oct 24, 20251.4:1
  • Jun 6, 20251.4:1
  • May 31, 20221.5:1
  • May 31, 20211.5:1