Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Logo

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.

300893.SZ

(2.2)
Stock Price

31,06 CNY

11.62% ROA

23.86% ROE

31.2x PER

Market Cap.

8.052.328.400,00 CNY

75.08% DER

0.56% Yield

16.05% NPM

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Stock Analysis

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (38%), which means it has a small amount of debt compared to the ownership it holds

2 Net Profit Growth

This company's net profit has consistently grown over the last five years, indicating a strong financial performance and making it an attractive investment opportunity.

3 ROE

ROE in an average range (12.27%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (7.57%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 Dividend

Investors can take comfort in the fact that the company has consistently distributed dividends over the past three years, demonstrating a commitment to rewarding shareholders.

7 Buffet Intrinsic Value

The company's stock seems undervalued (232) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (7.69x) suggests it's overvalued, potentially making it an expensive investment.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Buy
4 Stoch RSI Sell

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Revenue
Year Revenue Growth
2016 420.749.971
2017 426.235.550 1.29%
2018 420.832.470 -1.28%
2019 465.004.719 9.5%
2020 535.926.943 13.23%
2021 745.081.899 28.07%
2022 991.867.737 24.88%
2023 1.378.154.924 28.03%
2023 1.280.382.019 -7.64%
2024 1.727.981.712 25.9%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2016 20.241.353
2017 22.482.503 9.97%
2018 20.678.715 -8.72%
2019 19.981.299 -3.49%
2020 26.429.008 24.4%
2021 39.832.978 33.65%
2022 56.067.770 28.96%
2023 67.736.895 17.23%
2023 67.328.439 -0.61%
2024 89.426.864 24.71%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2016 33.262.195
2017 -4.504.237 838.46%
2018 -11.882.135 62.09%
2019 -9.381.233 -26.66%
2020 10.965.418 185.55%
2021 17.550.745 37.52%
2022 29.550.638 40.61%
2023 118.058.679 74.97%
2023 22.294.080 -429.55%
2024 -9.379.395 337.69%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. EBITDA
Year EBITDA Growth
2016 81.756.347
2017 81.912.726 0.19%
2018 105.135.946 22.09%
2019 120.724.230 12.91%
2020 128.363.913 5.95%
2021 156.395.007 17.92%
2022 170.974.227 8.53%
2023 288.104.648 40.66%
2023 315.919.587 8.8%
2024 375.299.160 15.82%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Gross Profit
Year Gross Profit Growth
2016 149.800.199
2017 143.568.505 -4.34%
2018 144.583.139 0.7%
2019 173.082.889 16.47%
2020 184.578.700 6.23%
2021 246.611.259 25.15%
2022 281.542.096 12.41%
2023 449.888.851 37.42%
2023 403.570.139 -11.48%
2024 484.943.228 16.78%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Net Profit
Year Net Profit Growth
2016 58.007.241
2017 50.065.090 -15.86%
2018 63.497.120 21.15%
2019 80.592.414 21.21%
2020 90.033.108 10.49%
2021 111.266.795 19.08%
2022 118.040.038 5.74%
2023 216.260.665 45.42%
2023 197.783.741 -9.34%
2024 249.180.040 20.63%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2016 1
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 1 0%
2023 0 0%
2023 1 0%
2024 1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Free Cashflow
Year Free Cashflow Growth
2016 -17.823.262
2017 8.942.420 299.31%
2018 35.946.419 75.12%
2019 50.491.541 28.81%
2020 -16.335.570 409.09%
2021 -107.177.862 84.76%
2022 -225.325.080 52.43%
2023 -61.971.902 -263.59%
2023 -127.725.156 51.48%
2024 -134.414.269 4.98%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Operating Cashflow
Year Operating Cashflow Growth
2016 16.787.000
2017 46.038.600 63.54%
2018 78.811.275 41.58%
2019 82.048.719 3.95%
2020 55.541.985 -47.72%
2021 104.650.438 46.93%
2022 61.300.771 -70.72%
2023 0 0%
2023 163.400.325 100%
2024 55.757.713 -193.05%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Capital Expenditure
Year Capital Expenditure Growth
2016 34.610.262
2017 37.096.180 6.7%
2018 42.864.855 13.46%
2019 31.557.177 -35.83%
2020 71.877.555 56.1%
2021 211.828.300 66.07%
2022 286.625.851 26.1%
2023 61.971.902 -362.51%
2023 291.125.481 78.71%
2024 190.171.982 -53.09%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Equity
Year Equity Growth
2016 239.685.883
2017 289.750.973 17.28%
2018 320.116.812 9.49%
2019 364.715.065 12.23%
2020 711.032.499 48.71%
2021 772.299.984 7.93%
2022 873.497.296 11.59%
2023 979.512.287 10.82%
2023 1.064.856.045 8.01%
2024 1.154.179.940 7.74%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Assets
Year Assets Growth
2016 438.589.639
2017 494.532.301 11.31%
2018 494.616.420 0.02%
2019 552.842.378 10.53%
2020 884.728.161 37.51%
2021 1.086.387.929 18.56%
2022 1.546.473.433 29.75%
2023 1.694.709.164 8.75%
2023 1.981.549.867 14.48%
2024 2.315.518.768 14.42%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Liabilities
Year Liabilities Growth
2016 198.903.756
2017 204.781.327 2.87%
2018 174.499.607 -17.35%
2019 188.127.313 7.24%
2020 173.695.661 -8.31%
2021 314.087.944 44.7%
2022 672.976.137 53.33%
2023 715.196.878 5.9%
2023 916.693.821 21.98%
2024 1.160.338.828 21%

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
7.11
Net Income per Share
1.14
Price to Earning Ratio
31.2x
Price To Sales Ratio
5.01x
POCF Ratio
42.31
PFCF Ratio
-28.21
Price to Book Ratio
6.98
EV to Sales
5.44
EV Over EBITDA
25.28
EV to Operating CashFlow
46.01
EV to FreeCashFlow
-30.68
Earnings Yield
0.03
FreeCashFlow Yield
-0.04
Market Cap
8,05 Bil.
Enterprise Value
8,76 Bil.
Graham Number
11.45
Graham NetNet
-1.28

Income Statement Metrics

Net Income per Share
1.14
Income Quality
0.74
ROE
0.24
Return On Assets
0.11
Return On Capital Employed
0.18
Net Income per EBT
0.88
EBT Per Ebit
1
Ebit per Revenue
0.18
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.3
Operating Profit Margin
0.18
Pretax Profit Margin
0.18
Net Profit Margin
0.16

Dividends

Dividend Yield
0.01
Dividend Yield %
0.56
Payout Ratio
0.24
Dividend Per Share
0.2

Operating Metrics

Operating Cashflow per Share
0.84
Free CashFlow per Share
-1.26
Capex to Operating CashFlow
2.5
Capex to Revenue
0.3
Capex to Depreciation
5.34
Return on Invested Capital
0.13
Return on Tangible Assets
0.12
Days Sales Outstanding
176.6
Days Payables Outstanding
69.72
Days of Inventory on Hand
78.9
Receivables Turnover
2.07
Payables Turnover
5.24
Inventory Turnover
4.63
Capex per Share
2.1

Balance Sheet

Cash per Share
0,74
Book Value per Share
5,11
Tangible Book Value per Share
4.69
Shareholders Equity per Share
5.1
Interest Debt per Share
3.89
Debt to Equity
0.75
Debt to Assets
0.37
Net Debt to EBITDA
2.03
Current Ratio
1.8
Tangible Asset Value
1,06 Bil.
Net Current Asset Value
0,04 Bil.
Invested Capital
1593743583
Working Capital
0,53 Bil.
Intangibles to Total Assets
0.04
Average Receivables
0,73 Bil.
Average Payables
0,19 Bil.
Average Inventory
245032692.5
Debt to Market Cap
0.11

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Dividends
Year Dividends Growth
2021 1
2022 0 0%
2023 0 0%
2024 0 0%

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Profile

About Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. provides safety systems for automobiles in China and internationally. It engages in the research and development, design, production, sale, and service of automotive passive safety system products and seat safety devices, such as automobile seat belt assemblies and parts. In addition, it provides products for mainstream automakers and seat factories. The company was founded in 2001 and is based in Yuyao, China.

CEO
Mr. Kaina Hu
Employee
990
Address
No. 1, Yunheyan Road
Yuyao, 315456

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Executives & BODs

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Executives & BODs
# Name Age
1 Mr. Xing Ye
Secretary
70
2 Mr. Kaina Hu
GM & Vice Chairman of the Board
70
3 Mr. Kelei Li
Deputy GM & Director
70

Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. Competitors