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← CockpitCompetitor Analysis › 300893.SZ Zhejiang Songyuan Automotive Safety Systems Co., Ltd. Class AOpen in the cockpit ↗

Zhejiang Songyuan Automotive Safety Systems Co., Ltd. Class A300893.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Wholesale Distributors
Momentum neutral 40
Mkt cap
$1.06B
US dollars, full cap
Free float
54%
of shares outstanding
$/day
$34.0M
20-day average traded
Fwd P/E
20.1×
forward earnings
ROIC−WACC
+2.6 pp
WACC 7.1%
Hurdle
n/a
no reverse DCF
Next earnings
157 days
12 Apr 2027
Close · CNYCN¥14.90
1D-3.8%
1W+5.2%
1M+2.5%
3M-10.5%
6M-34.0%
YTD-37.0%
1Y-40.9%
ATR %6.5%
52w lowhigh46.2% off high

What Zhejiang Songyuan Automotive Safety Systems does

Employees: 2,034

Zhejiang Songyuan Automotive Safety Systems at a glance

Size Zhejiang Songyuan Automotive Safety Systems (300893.SZ) is a China Industrials company (Wholesale Distributors) with a market value of $1.06B, the 2191st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥14.90 on 6 Nov 2026.

Performance Over six months the shares fell 34.0%, against -21.9% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.

Growth Revenue grew 27.0% over the last twelve months (peer median +10.7%); the operating margin is 11.6% (peer median 6.8%).

Valuation It trades at 20.1× forward earnings against a peer median of 19.2× (6th most expensive of 13).

Capital Return on invested capital runs 2.6 points above its cost of capital (7.1% WACC).

Next results Next results expected around 12 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 78300893.SZ 66
Six months, rebased to 100: Zhejiang Songyuan Automotive Safety Systems against the median of its 20 peers (local-currency closes).

Zhejiang Songyuan Automotive Safety Systems financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.17BCN¥2.67BCN¥1.96BCN¥1.28BCN¥990M
Revenue growth—+36%+54%+29%—
Gross profitCN¥912MCN¥717MCN¥530MCN¥380MCN¥268M
EBITDAn/aCN¥584MCN¥391MCN¥297MCN¥162M
Net incomeCN¥317MCN¥366MCN¥260MCN¥198MCN¥118M
Free cash flow-CN¥676M-CN¥437M-CN¥482M-CN¥128M-CN¥225M
Capital expenditureCN¥580MCN¥464MCN¥621MCN¥291MCN¥287M
Total debtCN¥1.99BCN¥1.33BCN¥1.30BCN¥585MCN¥362M

Quarterly statements and history in the cockpit →

Zhejiang Songyuan Automotive Safety Systems 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

-60%-40%-20%0%-10%0%SNLBYW259060031300299384150021739960099074588051IMD6010266038099830605011301162600826000751APR300893.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Zhejiang Songyuan Automotive Safety Systems is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×200×400×SNL259000299384159960IMDAPR300893.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Songyuan Automotive Safety Systems is the large dot.

Zhejiang Songyuan Automotive Safety Systems competitors and peer comparison

How Zhejiang Songyuan Automotive Safety Systems 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.

Zhejiang Songyuan Automotive Safety Systems against its 20 peers (data as of 6 Nov 2026)
Measure300893.SZPeer medianRank in peer set
1-month return+2.5%-5.1%2nd highest of 21
6-month return-34.0%-21.9%5th lowest of 21
Distance from 52-week high-46.2%-36.3%7th lowest of 21
Revenue growth (TTM)+27.0%+10.7%5th highest of 20
Operating margin11.6%6.8%6th highest of 20
Forward P/E20.1×19.2×6th most expensive of 13
ROIC minus cost of capital+2.6 pp+0.2 pp7th highest of 20

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
Zhejiang Songyuan Automotive Safety Systems 300893.SZChina$1.06B-34%+27%12%20.1×n/an/a
Supply Network SNL.AXAustralia$1.06B+12%+16%17%26.9×11.7%+19.9%
BayWa BYW.DEGermany$1.07B-58%n/an/an/an/an/a
Beijing Geekplus Technology 2590.HKHong Kong$1.05B-67%+33%0%478.1×n/an/a
China Agricultural Development Seed 600313.SSChina$1.04B-16%+35%1%n/a21.8%+12.7%
Dongguan Aohai Technology 002993.SZChina$1.10B-44%+122%1%19.6×n/an/a
Brighton-Best International (Taiwan) 8415.TWOTaiwan$1.11B+5%+11%20%7.8×-8.8%+8.8%
Innovation Medical Management 002173.SZChina$1.12B-29%-13%-18%n/an/an/a
Totech 9960.TJapan$1.00B0%+6%10%10.7×5.4%+9.2%
Deep Source 0990.HKHong Kong$1.00B-31%+7%2%n/a-13.6%+6.1%
Daiichikosho 7458.TJapan$1.13B+6%+4%11%13.0×-6.0%+11.8%
Yamazen 8051.TJapan$978M+13%+7%2%n/a-6.3%+4.5%
Imdex IMD.AXAustralia$1.15B-21%+21%16%24.5×20.1%+14.5%
Techstorm Advanced Material 601026.SSChina$1.16B-33%+8%6%n/an/an/a
Chengdu Haoneng Technology 603809.SSChina$1.16B-23%+18%10%20.5×n/an/a
Trusco Nakayama 9830.TJapan$958M+6%+10%7%9.4×n/an/a
Hangzhou Cogeneration 605011.SSChina$956M-23%-1%5%n/an/an/a
State Power Rixin Technology 301162.SZChina$944M-25%+12%17%36.8×22.6%+23.8%
Dlg Exhibitions & Events 600826.SSChina$944M-9%+2%15%18.7×6.9%-11.5%
Huludao Zinc Industry 000751.SZChina$943M-36%+17%1%n/an/an/a
Auto Partner APR.WAPoland$928M+26%+67%8%12.2×-5.0%+21.5%

Questions

Which companies are Zhejiang Songyuan Automotive Safety Systems's closest peers?
The cockpit's peer set: Supply Network (SNL.AX), BayWa (BYW.DE), Beijing Geekplus Technology (2590.HK), China Agricultural Development Seed (600313.SS), Dongguan Aohai Technology (002993.SZ), Brighton-Best International (Taiwan) (8415.TWO), Innovation Medical Management (002173.SZ), Totech (9960.T).
Is Zhejiang Songyuan Automotive Safety Systems expensive compared with its peers?
On forward p/e it trades at 20.1× against a peer median of 19.2×, 6th most expensive of 13 in its peer set.
How has Zhejiang Songyuan Automotive Safety Systems stock performed?
Over six months to 6 Nov 2026 the shares returned -34.0% against -21.9% for the median peer; over one year -40.9%.

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.