002454.SHE Songz Automobile Air Conditioning Co Ltd
- Market cap
- CNY 3.90B
- P/E
- 20.2x
- P/B
- 0.97x
- ROE
- 5.3%
- Dividend yield
- 3.90%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002454.SHE undervalued?
Graham number002454.SHE trades 6.9% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Songz Automobile Air Conditioning Co Ltd fundamental analysis
No fundamental analysis for Songz Automobile Air Conditioning Co Ltd yet.
Songz Automobile Air Conditioning Co Ltd stock price
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About Songz Automobile Air Conditioning Co Ltd
Songz Automobile Air Conditioning Co., Ltd engages in the research, development, production, and sales of mobile thermal management products in China and internationally. Its products include bus, car, and battery thermal management products; traditional and electric air conditioning systems; radiators; air conditioning and refrigeration units; and compressors. The company's products are used in large and medium-sized buses, passenger cars, special-purpose vehicles, trucks, …
Full company profileSongz Automobile Air Conditioning Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Songz Automobile Air Conditioning Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 3.24B | 4.17B | 3.69B | 3.41B | 3.38B | 4.12B | 4.23B | 4.76B | 5.00B | 5.63B | 5.16B |
| Gross Profit | 809M | 1.17B | 915M | 908M | 744M | 758M | 755M | 749M | 750M | 979M | 900M |
| Operating Income | 269M | 443M | 69.4M | 189M | 227M | 162M | 125M | 134M | 178M | 323M | 270M |
| EBITDA | 354M | 516M | 338M | 315M | 405M | 278M | 245M | 259M | 305M | 456M | 297M |
| Net Income | 234M | 366M | 176M | 176M | 247M | 113M | 94.9M | 99.8M | 136M | 247M | 213M |
| EPS | 0.39 | 0.53 | 0.28 | 0.28 | 0.39 | 0.18 | 0.15 | 0.16 | 0.22 | 0.39 | 0.24 |
| Balance Sheet | |||||||||||
| Total Assets | 4.81B | 6.15B | 5.90B | 5.81B | 6.55B | 6.93B | 7.05B | 7.37B | 8.12B | 8.65B | 8.02B |
| Total Liabilities | 1.89B | 2.79B | 2.32B | 2.08B | 2.47B | 2.82B | 2.86B | 3.03B | 3.70B | 4.11B | 3.43B |
| Shareholders' Equity | 2.79B | 3.12B | 3.30B | 3.43B | 3.64B | 3.69B | 3.75B | 3.83B | 3.92B | 4.01B | 4.04B |
| Cash & Short-term Investments | 480M | 467M | 495M | 823M | 1.22B | 1.63B | 1.60B | 2.05B | 2.32B | 1.64B | 809M |
| Total Debt | 1.36M | 200M | 60.0M | 779M | 901M | 47.5M | 58.9M | 54.8M | 34.3M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 218M | 348M | 505M | 246M | 486M | 563M | 152M | 368M | 500M | 580M | - |
| Capital Expenditure | 212M | 294M | 226M | 144M | 88.8M | 201M | 181M | 182M | 82.2M | 141M | 139M |
| Free Cash Flow | 5.70M | 53.2M | 278M | 102M | 398M | 362M | -28.9M | 186M | 418M | 439M | -835M |
| Ratios | |||||||||||
| ROE | 8.4% | 11.7% | 5.3% | 5.1% | 6.8% | 3.1% | 2.5% | 2.6% | 3.5% | 6.2% | 5.3% |
| ROA | 4.9% | 5.9% | 3.0% | 3.0% | 3.8% | 1.6% | 1.3% | 1.4% | 1.7% | 2.9% | 2.6% |
| Net Profit Margin | 7.2% | 8.8% | 4.8% | 5.2% | 7.3% | 2.7% | 2.2% | 2.1% | 2.7% | 4.4% | 4.1% |
| Debt to Equity | 0.00x | 0.06x | 0.02x | 0.23x | 0.25x | 0.01x | 0.02x | 0.01x | 0.01x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Songz Automobile Air Conditioning Co Ltd dividends
- Dividend yield
- 3.90%
- Forward dividend
- 0.31 CNY
- Payout ratio
- 61.5%
- Ex-dividend date
- May 22, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 152M | 0.24 | 61.5% |
| 2024 | CNY 38.2M | 0.06 | 28.0% |
| 2023 | CNY 48.6M | 0.08 | 48.7% |
| 2022 | CNY 95.7M | 0.15 | 100.8% |
| 2021 | CNY 50.3M | 0.08 | 44.7% |
| 2020 | CNY 23.7M | 0.04 | 9.6% |
| 2019 | CNY 21.9M | 0.03 | 12.4% |
| 2018 | CNY 70.0M | 0.11 | 39.8% |
| 2017 | CNY 27.8M | 0.04 | 7.6% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.4:1 on May 22, 2026.
Who owns Songz Automobile Air Conditioning Co Ltd
- Insiders 54.73%
- Institutions 1.73%
- Public & others 43.54%
- Shares outstanding 879M
- Free float 456M
Songz Automobile Air Conditioning Co Ltd company profile
- Company name
- Songz Automobile Air Conditioning Co Ltd
- Ticker
- 002454.SHE
- ISIN
- CNE100000RX1
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jul 20, 2010
- Sector
- Consumer Cyclical
- Industry
- Automobile Components
- Employees
- 3,406
- Fiscal year end
- December
- Address
- No. 2059, Zhuanxing Road, Shanghai, China, 201108
- Phone
- 86 21 5263 4750
- Website
- shsongz.com.cn
About Songz Automobile Air Conditioning Co Ltd
Songz Automobile Air Conditioning Co., Ltd engages in the research, development, production, and sales of mobile thermal management products in China and internationally. Its products include bus, car, and battery thermal management products; traditional and electric air conditioning systems; radiators; air conditioning and refrigeration units; and compressors. The company's products are used in large and medium-sized buses, passenger cars, special-purpose vehicles, trucks, buses, rail vehicles, and refrigerated trucks, as well as in energy storage systems and related fields. The company was incorporated in 1998 and is based in Shanghai, China.
Songz Automobile Air Conditioning Co Ltd management
6- Mr. Ankang JiVice Chairman & President · born 1973
- Mr. Rui ChenVP, CFO, Accounting Supervisor & Board Secretary · born 1982
- Mr. Guo Qiang HuangVice President · born 1966
- Mr. Gang LiVice President · born 1965
- Mr. Changhai CuiVice President · born 1965
- Mr. Li LiVice President · born 1976