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Chinese automotive electronics maker supplying infotainment systems and ADAS/autonomous-driving domain controllers to automakers.
Chinese automotive electronics maker supplying infotainment systems and ADAS/autonomous-driving domain controllers to automakers.
Wins a place on a carmaker's platform years before production, then earns by shipping units as the models sell, so it depends on customers' vehicle volumes while development spending runs ahead of revenue. Infotainment is the long-standing source, with domain controllers, the central computers that handle driver assistance, the newer line.
In one line: China's Visteon/Aptiv for infotainment and ADAS.
Moat: narrow (customer qualification, process know-how). Tier-1 qualification on domestic automaker platforms and partnerships like NVIDIA for compute hardware.
Headquarters: Huizhou, China · Founded: 2004 · Employees: 11,940
Size Huizhou Desay SV Automotive (002920.SZ) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $7.12B, the 347th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥79.59 on 6 Nov 2026.
Performance Over six months the shares fell 22.8%, against -9.0% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 11.8% over the last twelve months (peer median +4.8%); the operating margin is 6.7% (peer median 7.5%).
Valuation It trades at 17.5× forward earnings against a peer median of 20.5× (9th cheapest of 21).
Capital Return on invested capital runs 3.4 points above its cost of capital (9.3% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥34.6B | CN¥32.5B | CN¥27.6B | CN¥21.9B | CN¥14.9B |
| Revenue growth | — | +18% | +26% | +47% | — |
| Gross profit | CN¥6.83B | CN¥5.81B | CN¥5.12B | CN¥4.04B | CN¥3.22B |
| EBITDA | n/a | CN¥3.12B | CN¥2.67B | CN¥1.78B | CN¥1.36B |
| Net income | CN¥2.50B | CN¥2.45B | CN¥2.00B | CN¥1.55B | CN¥1.18B |
| Free cash flow | -CN¥548M | CN¥1.09B | CN¥17.7M | CN¥32.5M | -CN¥667M |
| Capital expenditure | CN¥1.99B | CN¥1.80B | CN¥1.48B | CN¥1.11B | CN¥1.30B |
| Total debt | CN¥3.90B | CN¥5.09B | CN¥4.08B | CN¥3.97B | CN¥2.29B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Huizhou Desay SV Automotive 002920.SZ | $7.12B | -23% | +12% | 7% | 17.5× | n/a |
| Visteon VC | $1.87B | -34% | +2% | 5% | 8.0× | 5.3% |
| Aptiv APTV | $7.98B | -32% | -5% | 10% | 6.8× | -6.8% |
| Continental CON.DE | $15.8B | +2% | -35% | n/a | 12.1× | -0.2% |
| Denso 6902.T | $32.5B | -1% | +7% | 7% | 12.1× | 3.4% |
| Mobis 012330.KS | $22.3B | -18% | +4% | 6% | 8.3× | -1.0% |
| Ningbo Joyson Electronic 600699.SS | $4.44B | -27% | -6% | 5% | 21.9× | -1.1% |
| Neusoft 600718.SS | $1.51B | -3% | -5% | -5% | 37.1× | -6.1% |
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.
| Measure | 002920.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.9% | -0.6% | 10th highest of 21 |
| 6-month return | -22.8% | -9.0% | 6th lowest of 21 |
| Distance from 52-week high | -44.3% | -26.0% | 6th lowest of 21 |
| Revenue growth (TTM) | +11.8% | +4.8% | 7th highest of 21 |
| Operating margin | 6.7% | 7.5% | 10th lowest of 21 |
| Forward P/E | 17.5× | 20.5× | 9th cheapest of 21 |
| ROIC minus cost of capital | +3.4 pp | +1.1 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Huizhou Desay SV Automotive 002920.SZ | China | $7.12B | -23% | +12% | 7% | 17.5× | n/a | n/a |
| Anhui Jianghuai Automobile 600418.SS | China | $6.48B | -60% | +23% | -2% | 44.4× | n/a | n/a |
| Huayu Automotive Systems 600741.SS | China | $7.87B | -11% | +1% | 3% | 7.9× | -15.5% | +6.6% |
| Zhejiang Sling Intelligent Drive 301550.SZ | China | $6.34B | +14% | +7% | 19% | 230.9× | n/a | n/a |
| UNO Minda UNOMINDA.NS | India | $8.11B | +16% | +19% | 8% | 53.6× | 46.9% | +25.0% |
| Wanxiang Qianchao 000559.SZ | China | $6.24B | -22% | -4% | 8% | 36.7× | 21.2% | +4.2% |
| HELLA GmbH & Co. KGaA HLE.DE | Germany | $8.26B | -7% | -1% | 5% | 34.7× | 2.4% | +6.1% |
| Kuang-Chi Technologies 002625.SZ | China | $6.05B | -52% | -7% | 20% | 21.6× | n/a | n/a |
| Sona BLW Precision Forgings SONACOMS.NS | India | $5.94B | +56% | +42% | 17% | 63.7× | 48.2% | +23.6% |
| Schaeffler SHA0.DE | Germany | $5.83B | -45% | -1% | 2% | 18.4× | 10.7% | +13.3% |
| Autoliv ALV | United States | $8.89B | +2% | +4% | 10% | 11.0× | 2.6% | +7.7% |
| Niterra 5334.T | Japan | $9.01B | +5% | +16% | 19% | 9.9× | 4.0% | +11.3% |
| Brembo BRE.MI | Italy | $5.62B | -11% | -3% | 7% | 13.7× | 17.3% | +10.9% |
| Lear LEA | United States | $5.31B | -21% | +4% | 4% | 6.9× | -1.3% | +6.4% |
| Allison Transmission ALSN | United States | $9.65B | -6% | +71% | 20% | 11.0× | 2.6% | +7.7% |
| Donaldson DCI | United States | $9.77B | -2% | +5% | 16% | 19.5× | 8.3% | +6.4% |
| Aisin 7259.T | Japan | $9.78B | -14% | +6% | 4% | 10.0× | -0.3% | +7.7% |
| Jiangsu Xinquan Automotive Trim 603179.SS | China | $5.07B | +5% | +12% | 6% | 33.5× | n/a | n/a |
| Trelleborg TREL-B.ST | Sweden | $10.1B | +19% | +2% | 19% | 22.9× | 9.6% | +2.6% |
| Suzhou Inovance Automotive 301656.SZ | China | $4.95B | -31% | +28% | 1% | 676.0× | n/a | n/a |
| Ningbo Joyson Electronic 0699.HK | Hong Kong | $4.54B | -39% | -1% | 5% | 9.7× | -1.7% | +4.3% |