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← CockpitCompetitor Analysis › 002454.SZ Songz Automobile Air Conditioning Co., Ltd. Class AOpen in the cockpit ↗

Songz Automobile Air Conditioning Co., Ltd. Class A002454.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Trucks/Construction/Farm Machinery
Momentum laggard 15
Mkt cap
$596M
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$14.9M
20-day average traded
Fwd P/E
16.1×
forward earnings
ROIC−WACC
-4.2 pp
WACC 9.5%
Hurdle
n/a
no reverse DCF
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥4.52
1D-1.3%
1W+1.8%
1M-20.7%
3M-10.3%
6M-36.1%
YTD-27.4%
1Y-25.4%
ATR %4.0%
52w lowhigh42.9% off high

What Songz Automobile Air Conditioning does

Employees: 3,406

Songz Automobile Air Conditioning at a glance

Size Songz Automobile Air Conditioning (002454.SZ) is a China Industrials company (Trucks/Construction/Farm Machinery) with a market value of $596M, the 3437th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.52 on 6 Nov 2026.

Performance Over six months the shares fell 36.1%, against -18.6% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue grew 6.7% over the last twelve months (peer median -1.2%); the operating margin is 3.9% (peer median 5.4%).

Valuation It trades at 16.1× forward earnings against a peer median of 17.6× (7th cheapest of 13).

Capital Return on invested capital runs 4.2 points below its cost of capital (9.5% WACC).

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 82002454.SZ 66
Six months, rebased to 100: Songz Automobile Air Conditioning against the median of its 20 peers (local-currency closes).

Songz Automobile Air Conditioning financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥5.63BCN¥5.62BCN¥4.99BCN¥4.75BCN¥4.22B
Revenue growth—+12%+5%+13%—
Gross profitCN¥1.04BCN¥922MCN¥707MCN¥697MCN¥711M
EBITDAn/aCN¥452MCN¥267MCN¥240MCN¥206M
Net incomeCN¥194MCN¥247MCN¥136MCN¥99.8MCN¥94.9M
Free cash flow-CN¥162MCN¥465MCN¥451MCN¥216M-CN¥2.03M
Capital expenditureCN¥136MCN¥141MCN¥82.2MCN¥182MCN¥181M
Total debtCN¥1.19BCN¥1.67BCN¥1.47BCN¥1.23BCN¥1.33B

Quarterly statements and history in the cockpit →

Songz Automobile Air Conditioning competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-30%-20%-10%0%+10%-20%-10%0%+10%PON1V300669688569600984002111002480BALUFORGE68857060396622083004073010166016AJAXENGGENDURCMCO3005896345300818002454.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Songz Automobile Air Conditioning is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%20×40×PON1V688569002111BALUFORGE6885706016AJAXENGGENDURCMCO3005896345300818002454.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Songz Automobile Air Conditioning is the large dot.

Songz Automobile Air Conditioning competitors and peer comparison

How Songz Automobile Air Conditioning compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Songz Automobile Air Conditioning against its 20 peers (data as of 6 Nov 2026)
Measure002454.SZPeer medianRank in peer set
1-month return-20.7%-5.1%lowest of 21
6-month return-36.1%-18.6%3rd lowest of 21
Distance from 52-week high-42.9%-32.1%6th lowest of 21
Revenue growth (TTM)+6.7%-1.2%8th highest of 21
Operating margin3.9%5.4%9th lowest of 21
Forward P/E16.1×17.6×7th cheapest of 13
ROIC minus cost of capital-4.2 pp-0.8 pp9th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Songz Automobile Air Conditioning 002454.SZChina$596M-36%+7%4%16.1×n/an/a
Ponsse PON1V.HEFinland$595M-15%-3%4%19.2×n/an/a
Hangzhou Huning Elevator Parts 300669.SZChina$591M-36%-2%1%n/a50.1%-1.7%
Beijing Tieke Shougang Railway-Tech 688569.SSChina$606M-5%+24%22%16.1×-2.0%+0.8%
Shaanxi Construction Machinery 600984.SSChina$611M-24%-4%-61%n/a6.9%-8.6%
Weihai Guangtai Airport Equipment 002111.SZChina$620M-29%+11%6%14.7×5.8%+2.4%
Chengdu Xinzhu Road & Bridge Machinery 002480.SZChina$620M-18%-21%-4%n/a12.5%-8.7%
Balu Forge Industries BALUFORGE.NSIndia$624M-10%+31%26%15.9×n/an/a
Beijing Tianma Intelligent Control Technology 688570.SSChina$628M-22%-5%-1%44.5×14.1%+6.8%
Eurocrane (China) 603966.SSChina$557M-32%-3%9%n/a1.2%+14.0%
CSBC Corp. Taiwan 2208.TWTaiwan$642M-18%-15%-5%n/an/an/a
Tianjin Keyvia Electric 300407.SZChina$549M-20%+13%2%n/a-1.6%+6.6%
Nanjing Railway New Technology 301016.SZChina$542M-28%-1%18%n/a19.2%-3.9%
Japan Engine 6016.TJapan$532M-19%-2%20%15.5×n/an/a
Ajax Engineering AJAXENGG.NSIndia$676M+1%+1%12%24.3×25.4%+23.2%
Endur ENDUR.OLNorway$696M+7%+88%5%19.2×8.8%+88.7%
Inner Mongolia North Hauler Joint Stock 600262.SSChina$510M-18%-3%8%n/a-13.2%+17.5%
Columbus McKinnon CMCOUnited States$510M+11%+81%4%7.9×n/an/a
Jianglong Shipbuilding 300589.SZChina$699M-25%-9%-12%42.5×n/an/a
Aichi 6345.TJapan$507M-11%+2%11%11.9×-5.3%+0.1%
Naipu Mining Machinery 300818.SZChina$504M-40%+21%9%30.3×n/an/a

Questions

Which companies are Songz Automobile Air Conditioning's closest peers?
The cockpit's peer set: Ponsse (PON1V.HE), Hangzhou Huning Elevator Parts (300669.SZ), Beijing Tieke Shougang Railway-Tech (688569.SS), Shaanxi Construction Machinery (600984.SS), Weihai Guangtai Airport Equipment (002111.SZ), Chengdu Xinzhu Road & Bridge Machinery (002480.SZ), Balu Forge Industries (BALUFORGE.NS), Beijing Tianma Intelligent Control Technology (688570.SS).
Is Songz Automobile Air Conditioning expensive compared with its peers?
On forward p/e it trades at 16.1× against a peer median of 17.6×, 7th cheapest of 13 in its peer set.
How has Songz Automobile Air Conditioning stock performed?
Over six months to 6 Nov 2026 the shares returned -36.1% against -18.6% for the median peer; over one year -25.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.