ZHEJIANG SONGYUAN AUTOMOTIVE SAFETY SYSTEMS CO.,LTD. Financials Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.
Equities
300893
CNE100004843
Auto, Truck & Motorcycle Parts
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 29.25 CNY | +1.04% |
|
-1.85% | +0.07% |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 5,752 | 6,052 | 6,594 | 6,599 | - | - |
| Enterprise Value (EV) 1 | 5,752 | 6,052 | 6,594 | 6,599 | 6,599 | 6,599 |
| P/E ratio | 34.5 x | 51.7 x | 33.6 x | 23.8 x | 18.6 x | 14.5 x |
| Yield | - | - | 0.68% | 0.68% | 0.92% | 1.16% |
| Capitalization / Revenue | - | 6.1 x | 5.15 x | 3.74 x | 2.84 x | 2.27 x |
| EV / Revenue | - | 6.1 x | 5.15 x | 3.74 x | 2.84 x | 2.27 x |
| EV / EBITDA | - | 37.2 x | 21.8 x | 16 x | 13.2 x | - |
| EV / FCF | - | - | - | -62.8 x | 412 x | 70.2 x |
| FCF Yield | - | - | - | -1.59% | 0.24% | 1.42% |
| Price to Book | - | 6.93 x | 6.19 x | 5 x | 4.19 x | 3.36 x |
| Nbr of stocks (in thousands) | 225,000 | 225,000 | 225,600 | 225,600 | - | - |
| Reference price 2 | 25.57 | 26.90 | 29.23 | 29.25 | 29.25 | 29.25 |
| Announcement Date | 4/26/22 | 4/17/23 | 3/20/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 991.9 | 1,280 | 1,766 | 2,324 | 2,907 |
| EBITDA 1 | - | 162.8 | 302.8 | 412 | 500.5 | - |
| EBIT 1 | - | 122 | 223.9 | 309.5 | 395 | 510 |
| Operating Margin | - | 12.3% | 17.49% | 17.53% | 17% | 17.54% |
| Earnings before Tax (EBT) 1 | - | 121.1 | 222 | 310 | 394.3 | 510 |
| Net income 1 | 111.3 | 118 | 197.8 | 277.5 | 355 | 455 |
| Net margin | - | 11.9% | 15.45% | 15.72% | 15.28% | 15.65% |
| EPS 2 | 0.7400 | 0.5200 | 0.8700 | 1.230 | 1.573 | 2.020 |
| Free Cash Flow 1 | - | - | - | -105 | 16 | 94 |
| FCF margin | - | - | - | -5.95% | 0.69% | 3.23% |
| FCF Conversion (EBITDA) | - | - | - | - | 3.2% | - |
| FCF Conversion (Net income) | - | - | - | - | 4.51% | 20.66% |
| Dividend per Share 2 | - | - | 0.2000 | 0.2000 | 0.2700 | 0.3400 |
| Announcement Date | 4/26/22 | 4/17/23 | 3/20/24 | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | -105 | 16 | 94 |
| ROE (net income / shareholders' equity) | - | 13.8% | 20.5% | 21.9% | 23.3% | 23.2% |
| ROA (Net income/ Total Assets) | - | 8.97% | 11.2% | 12.4% | 11.4% | - |
| Assets 1 | - | 1,316 | 1,764 | 2,238 | 3,128 | - |
| Book Value Per Share 2 | - | 3.880 | 4.720 | 5.850 | 6.980 | 8.700 |
| Cash Flow per Share 2 | - | 0.2700 | 0.7200 | 0.6400 | 1.110 | - |
| Capex 1 | - | 286 | 290 | 188 | 177 | 250 |
| Capex / Sales | - | 28.86% | 22.63% | 10.67% | 7.62% | 8.6% |
| Announcement Date | 4/26/22 | 4/17/23 | 3/20/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
29.25
CNY
Average target price
35
CNY
Spread / Average Target
+19.66%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +0.07% | 914M | |
| +6.09% | 8.01B | |
| +3.09% | 5.35B | |
| +20.87% | 3.28B | |
| -19.91% | 2.62B | |
| +1.61% | 2.61B | |
| -6.68% | 2.2B | |
| +48.50% | 2.05B | |
| +45.03% | 1.75B | |
| +11.99% | 1.62B |
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- Financials Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.
