Zhejiang Songyuan Automotive Safety Systems Co Ltd
SZSE:300893
Intrinsic Value
Zhejiang Songyuan Automotive Safety Systems Co., Ltd. engages in the research, development, design, production, and sale of automobile safety systems and devices. [ Read More ]
The intrinsic value of one
Zhejiang Songyuan Automotive Safety Systems Co Ltd
stock under the Base Case scenario is
39.16
CNY.
Compared to the current market price of 30.17 CNY,
Zhejiang Songyuan Automotive Safety Systems Co Ltd
is
Undervalued by 23%.
Zhejiang Songyuan Automotive Safety Systems Co Ltd's market capitalization is 6.8B CNY.
Zhejiang Songyuan Automotive Safety Systems Co Ltd stock price is 30.17 CNY.
Zhejiang Songyuan Automotive Safety Systems Co Ltd stock price (30.17 CNY) is 23% less than its Intrinsic Value (39.16 CNY).
Zhejiang Songyuan Automotive Safety Systems Co Ltd stock price (30.17 CNY) is 8% less than its DCF Value (32.9 CNY). Open DCF Valuation
Zhejiang Songyuan Automotive Safety Systems Co Ltd stock price (30.17 CNY) is 34% less than its Relative Value (45.42 CNY). Open Relative Valuation
Zhejiang Songyuan Automotive Safety Systems Co Ltd has upside potential of 18% compared to the average analyst price target.
Open Wall St Estimates
Zhejiang Songyuan Automotive Safety Systems Co Ltd's ROE (Return on Equity) has decreased in the last 3 years from 19% to 18%.
Zhejiang Songyuan Automotive Safety Systems Co Ltd's ROIC (Return on Invested Capital) for the past 12 months is positive and is equal to 14%.
Zhejiang Songyuan Automotive Safety Systems Co Ltd has positive Net Income for the last twelve months.
Zhejiang Songyuan Automotive Safety Systems Co Ltd's Revenue has grown by 16% over the past 12 months.
Zhejiang Songyuan Automotive Safety Systems Co Ltd's ROIC (Return on Invested Capital) has decreased in the last 3 years from 19% to 14%.
Zhejiang Songyuan Automotive Safety Systems Co Ltd's ROE (Return on Equity) for the past 12 months is positive and is equal to 18%.
Zhejiang Songyuan Automotive Safety Systems Co Ltd has positive Operating Income for the last twelve months.
Zhejiang Songyuan Automotive Safety Systems Co Ltd has positive three-year average ROE (Return on Equity): 15%. The company is efficient at transforming stockholders' equity into net income.
Zhejiang Songyuan Automotive Safety Systems Co Ltd has positive three-year average ROIC (Return on Invested Capital): 15%. The company is efficient at using invested capital to generate operating income.
Zhejiang Songyuan Automotive Safety Systems Co Ltd's short-term assets (818m CNY) exceed its short-term liabilties (479m CNY).
Zhejiang Songyuan Automotive Safety Systems Co Ltd has positive Gross Profit for the last twelve months.
Zhejiang Songyuan Automotive Safety Systems Co Ltd's Revenue is forecast to grow at a rate of 34% per year over the next 3 years.
Zhejiang Songyuan Automotive Safety Systems Co Ltd's long-term assets (2B CNY) exceed its long-term liabilties (621m CNY).
Zhejiang Songyuan Automotive Safety Systems Co Ltd's D/E (Debt to Equity) is very low and is equal to 0.47.
Zhejiang Songyuan Automotive Safety Systems Co Ltd's Revenue has been growing by an exceptional 47% per year for the last 3 years.
Zhejiang Songyuan Automotive Safety Systems Co Ltd has negative Free Cash Flow for the last twelve months.
Zhejiang Songyuan Automotive Safety Systems Co Ltd has positive Net Debt. This means that the company has more debt (432m CNY) than cash and short-term investments (39m CNY).
Zhejiang Songyuan Automotive Safety Systems Co Ltd's Altman Z-Score is very high and is equal to 7.95.
Valuation Backtest
Zhejiang Songyuan Automotive Safety Systems Co Ltd
Run backtest to discover the historical profit from buying and selling
Zhejiang Songyuan Automotive Safety Systems Co Ltd
stocks based on their intrinsic value.
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Fundamental Analysis
Zhejiang Songyuan Automotive Safety Systems Co Ltd
Balance Sheet Decomposition
Zhejiang Songyuan Automotive Safety Systems Co Ltd
| Current Assets | 817.6m |
| Cash & Short-Term Investments | 39.3m |
| Receivables | 451.2m |
| Other Current Assets | 327.1m |
| Non-Current Assets | 726.8m |
| PP&E | 624.4m |
| Intangibles | 77.9m |
| Other Non-Current Assets | 24.6m |
| Current Liabilities | 479.3m |
| Accounts Payable | 124m |
| Accrued Liabilities | 19.1m |
| Short-Term Debt | 331.4m |
| Other Current Liabilities | 4.8m |
| Non-Current Liabilities | 141.3m |
| Long-Term Debt | 101.1m |
| Other Non-Current Liabilities | 40.2m |
Earnings Waterfall
Zhejiang Songyuan Automotive Safety Systems Co Ltd
|
Revenue
|
1.1B
CNY
|
|
Cost of Revenue
|
-769m
CNY
|
|
Gross Profit
|
336.3m
CNY
|
|
Operating Expenses
|
-159.3m
CNY
|
|
Operating Income
|
176.9m
CNY
|
|
Other Expenses
|
-20.6m
CNY
|
|
Net Income
|
156.3m
CNY
|
Free Cash Flow Analysis
Zhejiang Songyuan Automotive Safety Systems Co Ltd
Profitability Score
Profitability Due Diligence
Zhejiang Songyuan Automotive Safety Systems Co Ltd's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
Score
Zhejiang Songyuan Automotive Safety Systems Co Ltd's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
Solvency Score
Solvency Due Diligence
Zhejiang Songyuan Automotive Safety Systems Co Ltd's solvency score is 62/100. The higher the solvency score, the more solvent the company is.
Score
Zhejiang Songyuan Automotive Safety Systems Co Ltd's solvency score is 62/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
Price Targets Summary
Zhejiang Songyuan Automotive Safety Systems Co Ltd
According to Wall Street analysts, the average 1-year price target for
Zhejiang Songyuan Automotive Safety Systems Co Ltd
is 35.7 CNY
with a low forecast of 35.35 CNY and a high forecast of 36.75 CNY.
Shareholder Return
Price
Zhejiang Songyuan Automotive Safety Systems Co Ltd
| Average Annual Return | 16.2% |
| Standard Deviation of Annual Returns | 20% |
| Max Drawdown | -61% |
| Market Capitalization | 6.8B CNY |
| Shares Outstanding | 225 600 000 |
| Percentage of Shares Shorted |
N/A
|
Company Profile
Zhejiang Songyuan Automotive Safety Systems Co Ltd
Country
Industry
Market Cap
Dividend Yield
Description
Zhejiang Songyuan Automotive Safety Systems Co., Ltd. engages in the research, development, design, production, and sale of automobile safety systems and devices. The company is headquartered in Ningbo, Zhejiang and currently employs 1,057 full-time employees. The company went IPO on 2020-09-24. The firm's products include bilateral pre-tensioned force-limiting seat belts, unilateral pre-tensioned force-limiting seat belts, emergency locking force-limiting seat belts, ordinary emergency locking seat belts, simple seat belts, car wheelchairs, child seats and agricultural machinery seats. Its products are used in compact cars, mid-sized cars, sport utility vehicles (SUV), multi-purpose vehicles (MPV), buses, trucks, etc. The firm conducts its businesses within the domestic market and to overseas markets such as North America and Europe.
Contact
IPO
Employees
Officers
The intrinsic value of one
Zhejiang Songyuan Automotive Safety Systems Co Ltd
stock under the Base Case scenario is
39.16
CNY.
Compared to the current market price of 30.17 CNY,
Zhejiang Songyuan Automotive Safety Systems Co Ltd
is
Undervalued by 23%.
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