Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
300893.SZ
SELLREMOVEZhejiang Songyuan Automotive Safety Systems Co.,Ltd. · Consumer Cyclical · China · $1.5B · Avg Vol: $9M/d
Zhejiang Songyuan Automotive manufactures automotive safety systems. While it has decent quality metrics (51), it is highly dependent on the cyclical automotive sector and lacks direct alignment with our high-conviction macro themes.
COMPANY DESCRIPTION
Zhejiang Songyuan Automotive Safety Systems Co., Ltd. designs, develops, and manufactures passive safety systems for automobiles, including seat belt assemblies, airbags, and steering wheels. The company's competitive moat is established through its rigorous safety testing capabilities and its success in breaking the market monopoly of multinational safety system giants in China. It is a key domestic supplier to major Chinese OEMs and rapidly growing electric vehicle manufacturers.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 147M | 189M | 291M | 396M | 39.2% |
| EPS | 0.05 | 0.09 | 0.09 | 0.12 | 29.2% |
| Shares | 315M | 316M | 317M | 473M | +50.2% |
| Debt | 46M | 70M | 160M | 161M | 51.7% |
| Equity | 129M | 157M | 198M | 301M | 32.7% |
| Op CF | 9M | 24M | 21M | 4M | -24.7% |
| Inv CF | -33M | -44M | -92M | -68M | — |
| Fin CF | 17M | 16M | 85M | 53M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 300893.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 300893.SZ | Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.(you) | $1.5B | 29 | SELL |
| 001285.SZ | Guangzhou Ruili Kormee Automotive Electronic Co., Ltd. | $1.2B | 26 | SELL |
| 603166.SS | GUILIN FUDA Co.,Ltd. | $1.2B | 34 | SELL |
| 600676.SS | Shanghai Jiao Yun Group Co., Ltd. | $1.0B | 27 | SELL |
| 002239.SZ | Aotecar New Energy Technology Co., Ltd. | $1.4B | 21 | SELL |
| 300926.SZ | Jiangsu Bojun Industrial Technology Co., Ltd | $1.3B | 23 | SELL |
| 601500.SS | Jiangsu General Science Technology Co., Ltd. | $987M | 32 | SELL |
| 002590.SZ | Zhejiang VIE Science & Technology Co., Ltd. | $882M | 31 | SELL |
| 603197.SS | Shanghai Baolong Automotive Corporation | $998M | 34 | SELL |
| 300547.SZ | Sichuan Chuanhuan Technology Co.,Ltd. | $1.1B | 36 | HOLD |
Peer medians: ROE 7.0% · P/E 23.9x · Gross margin 21.9%