300893.SHE Zhejiang Songyuan Automotive Safety
- Market cap
- CNY 7.13B
- P/E
- 35.8x
- P/B
- 3.02x
- ROE
- 12.8%
- Dividend yield
- 0.91%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 300893.SHE undervalued?
Graham number300893.SHE trades 119.4% above 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?
Zhejiang Songyuan Automotive Safety fundamental analysis
No fundamental analysis for Zhejiang Songyuan Automotive Safety yet.
Zhejiang Songyuan Automotive Safety stock price
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About Zhejiang Songyuan Automotive Safety
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…
Full company profileZhejiang Songyuan Automotive Safety 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.
Zhejiang Songyuan Automotive Safety 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 | 421M | 426M | 421M | 465M | 536M | 745M | 992M | 1.28B | 1.97B | 2.68B | 3.10B |
| Gross Profit | 146M | 142M | 141M | 170M | 183M | 243M | 278M | 393M | 553M | 763M | 745M |
| Operating Income | 67.4M | 57.6M | 72.9M | 92.7M | 103M | 126M | 122M | 224M | 293M | 479M | 384M |
| EBITDA | 84.0M | 75.5M | 91.7M | 112M | 124M | 151M | 162M | 296M | 397M | 555M | 343M |
| Net Income | 58.0M | 50.1M | 63.5M | 80.6M | 90.0M | 111M | 118M | 198M | 260M | 366M | 285M |
| EPS | 0.30 | 0.15 | 0.19 | 0.24 | 0.25 | 0.25 | 0.27 | 0.44 | 0.58 | 0.77 | 0.60 |
| Balance Sheet | |||||||||||
| Total Assets | 439M | 495M | 495M | 553M | 885M | 1.09B | 1.55B | 1.98B | 3.14B | 4.09B | 5.02B |
| Total Liabilities | 199M | 205M | 174M | 188M | 174M | 314M | 673M | 917M | 1.80B | 2.05B | 2.80B |
| Shareholders' Equity | 240M | 290M | 320M | 365M | 711M | 772M | 873M | 1.06B | 1.34B | 2.04B | 2.22B |
| Cash & Short-term Investments | 21.0M | 36.2M | 22.7M | 25.6M | 204M | 166M | 109M | 109M | 240M | 101M | 207M |
| Total Debt | 20.0M | 55.3M | 59.3M | 50.9M | - | 103M | 312M | 432M | 963M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 16.8M | 46.0M | 78.8M | 82.0M | 55.5M | 105M | 61.3M | 163M | 140M | 26.2M | - |
| Capital Expenditure | 34.6M | 37.1M | 42.9M | 31.6M | 71.9M | 212M | 287M | 291M | 621M | 464M | 550M |
| Free Cash Flow | -17.8M | 8.94M | 35.9M | 50.5M | -16.3M | -107M | -225M | -128M | -482M | -438M | -572M |
| Ratios | |||||||||||
| ROE | 24.2% | 17.3% | 19.8% | 22.1% | 12.7% | 14.4% | 13.5% | 18.6% | 19.4% | 18.0% | 12.8% |
| ROA | 13.2% | 10.1% | 12.8% | 14.6% | 10.2% | 10.2% | 7.6% | 10.0% | 8.3% | 9.0% | 5.7% |
| Net Profit Margin | 13.8% | 11.7% | 15.1% | 17.3% | 16.8% | 14.9% | 11.9% | 15.4% | 13.2% | 13.7% | 9.2% |
| Debt to Equity | 0.08x | 0.19x | 0.19x | 0.14x | - | 0.13x | 0.36x | 0.41x | 0.72x | - | - |
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.
Zhejiang Songyuan Automotive Safety dividends
- Dividend yield
- 0.91%
- Forward dividend
- 0.08 CNY
- Payout ratio
- 17.7%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 64.8M | 0.14 | 17.7% |
| 2024 | CNY 61.1M | 0.14 | 23.5% |
| 2023 | CNY 34.7M | 0.08 | 17.6% |
| 2022 | CNY 30.0M | 0.07 | 25.4% |
| 2021 | CNY 50.0M | 0.11 | 44.9% |
| 2020 | CNY 22.5M | 0.06 | 25.0% |
| 2019 | CNY 38.7M | 0.12 | 48.1% |
| 2018 | CNY 48.2M | 0.15 | 76.0% |
| 2017 | CNY 29.3M | 0.09 | 58.6% |
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 Oct 24, 2025.
Who owns Zhejiang Songyuan Automotive Safety
- Insiders 69.37%
- Institutions 6.45%
- Public & others 24.17%
- Shares outstanding 474M
- Free float 141M
Zhejiang Songyuan Automotive Safety company profile
- Company name
- Zhejiang Songyuan Automotive Safety
- Ticker
- 300893.SHE
- ISIN
- CNE100004843
- Exchange
- Shenzhen Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Automobile Components
- Employees
- 2,034
- Fiscal year end
- December
- Address
- No. 1, Yunheyan Road, Yuyao, China, 315456
- Phone
- 86 574 6249 9207
- Website
- songyuansafety.com
About Zhejiang Songyuan Automotive Safety
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.
Zhejiang Songyuan Automotive Safety management
4- Mr. Kaina HuGM & Vice Chairman of the Board · born 1988
- Mr. Xiao Ping GuoFinancial Director & Accounting Supervisor · born 1980
- Mr. Kelei LiDeputy GM & Director · born 1979
- Mr. Hong ZhaoDeputy General Manager · born 1986