Zhejiang Songyuan Automotive Safety Net Assets

Latest as of September 2025: CN¥1.94 Billion CNY ≈ $283.20 Million USD

Zhejiang Songyuan Automotive Safety net assets. Based on the latest financial reports, Zhejiang Songyuan Automotive Safety (300893) has net assets worth CN¥1.94 Billion CNY (≈ $283.20 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.68 Billion ≈ $538.40 Million USD) and total liabilities (CN¥1.74 Billion ≈ $255.21 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Zhejiang Songyuan Automotive Safety equity growth rate to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.94 Billion
% of Total Assets	52.6%
Annual Growth Rate	24.03%
5-Year Change	88.75%
10-Year Change	N/A
Growth Volatility	26.58

Net Assets of Zhejiang Songyuan Automotive Safety (2016–2024)

Net assets of Zhejiang Songyuan Automotive Safety from 2016 to 2024. This chart illustrates how Zhejiang Songyuan Automotive Safety's net assets have evolved over time, based on quarterly financial data. See 300893 net asset quality score to measure how much of total assets are equity-financed.

Annual Net Assets for Zhejiang Songyuan Automotive Safety (2016–2024)

The table below shows the annual net assets of Zhejiang Songyuan Automotive Safety from 2016 to 2024. For live market cap and overall valuation, see how much is Zhejiang Songyuan Automotive Safety worth.

Year	Net Assets	Change
2024-12-31	CN¥1.34 Billion ≈ $196.39 Million	+26.04%
2023-12-31	CN¥1.06 Billion ≈ $155.82 Million	+21.91%
2022-12-31	CN¥873.50 Million ≈ $127.82 Million	+13.10%
2021-12-31	CN¥772.30 Million ≈ $113.01 Million	+8.62%
2020-12-31	CN¥711.03 Million ≈ $104.05 Million	+94.96%
2019-12-31	CN¥364.71 Million ≈ $53.37 Million	+13.93%
2018-12-31	CN¥320.12 Million ≈ $46.84 Million	+10.48%
2017-12-31	CN¥289.75 Million ≈ $42.40 Million	+20.89%
2016-12-31	CN¥239.69 Million ≈ $35.07 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Songyuan Automotive Safety's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 2084.5% over the analyzed period, indicating profitable operations and earnings retention.

Zhejiang Songyuan Automotive Safety Net Assets Breakdown (December 2024)

Zhejiang Songyuan Automotive Safety net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Retained Earnings	CN¥661.80 Million	49.31%
Common Stock	CN¥226.33 Million	16.86%
Other Comprehensive Income	CN¥163.71 Million	12.20%
Other Components	CN¥290.26 Million	21.63%
Total Equity	CN¥1.34 Billion	100.00%

Zhejiang Songyuan Automotive Safety Competitors by Market Cap

The table below lists competitors of Zhejiang Songyuan Automotive Safety ranked by their market capitalization.

Company	Market Cap
Sinar Mas Agro Resources and Technology Tbk PT JK:SMAR	$1.07 Billion
Tompkins Financial Corporation NYSE MKT:TMP	$1.07 Billion
Alvotech IC:ALVO	$1.07 Billion
Metropolitan Kentjana Tbk JK:MKPI	$1.07 Billion
Iradimed Co NASDAQ:IRMD	$1.07 Billion
Sunwave Communications Co Ltd SHE:002115	$1.07 Billion
Fiskars Oyj Abp HE:FSKRS	$1.07 Billion
SHOP APOTH. UNSP.ADR/010 F:SAE1	$1.07 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Songyuan Automotive Safety's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,064,856,000 to 1,342,105,000, a change of 277,249,000 (26.0%).
Net income of 260,384,780 contributed positively to equity growth.
Dividend payments of 61,125,000 reduced retained earnings.
Other comprehensive income increased equity by 163,700,947.
Other factors decreased equity by 85,711,727.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥260.38 Million	+19.4%
Dividends Paid	CN¥61.12 Million	-4.55%
Other Comprehensive Income	CN¥163.70 Million	+12.2%
Other Changes	CN¥-85.71 Million	-6.39%
Total Change	CN¥-	26.04%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Songyuan Automotive Safety's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.63x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 10.83x to 2.63x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	CN¥1.43	CN¥15.44	x
2017-12-31	CN¥1.72	CN¥15.44	x
2018-12-31	CN¥1.90	CN¥15.44	x
2019-12-31	CN¥1.62	CN¥15.44	x
2020-12-31	CN¥3.16	CN¥15.44	x
2021-12-31	CN¥3.43	CN¥15.44	x
2022-12-31	CN¥3.88	CN¥15.44	x
2023-12-31	CN¥4.68	CN¥15.44	x
2024-12-31	CN¥5.88	CN¥15.44	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Songyuan Automotive Safety utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 19.40%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.21%
• Asset Turnover: 0.63x
• Equity Multiplier: 2.34x
Recent ROE (19.40%) is above the historical average (18.00%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	24.20%	13.79%	0.96x	1.83x	CN¥34.04 Million
2017	17.28%	11.75%	0.86x	1.71x	CN¥21.09 Million
2018	19.84%	15.09%	0.85x	1.55x	CN¥31.49 Million
2019	22.10%	17.33%	0.84x	1.52x	CN¥44.12 Million
2020	12.66%	16.80%	0.61x	1.24x	CN¥18.93 Million
2021	14.41%	14.93%	0.69x	1.41x	CN¥34.04 Million
2022	13.51%	11.90%	0.64x	1.77x	CN¥30.69 Million
2023	18.57%	15.45%	0.65x	1.86x	CN¥91.30 Million
2024	19.40%	13.21%	0.63x	2.34x	CN¥126.17 Million

Industry Comparison

This section compares Zhejiang Songyuan Automotive Safety's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $2,079,198,704
Average return on equity (ROE) among peers: 4.01%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhejiang Songyuan Automotive Safety (300893)	CN¥1.94 Billion	24.20%	0.90x	$1.07 Billion
FAWER Automotive Parts Ltd Co (000030)	$-1.64 Billion	0.00%	0.00x	$902.81 Million
Wanxiang Qianchao Co Ltd (000559)	$5.46 Billion	13.23%	1.21x	$6.10 Billion
Weifu High-Technology Group Co Ltd (000581)	$13.40 Billion	12.48%	0.29x	$2.06 Billion
Gui Zhou Tyre Co Ltd (000589)	$1.07 Billion	4.56%	2.03x	$944.09 Million
Qingdao Doublestar Co Ltd (000599)	$985.40 Million	6.28%	1.72x	$1.49 Billion
Hengli Industrial Development Group Co Ltd (000622)	$-125.97 Million	0.00%	0.00x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$871.28 Million	-4.06%	1.57x	$1.31 Billion
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$202.24 Million	0.00%	0.91x	$1.83 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$619.96 Million	7.60%	0.80x	$295.44 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$-54.85 Million	0.00%	0.00x	$3.31 Billion

About Zhejiang Songyuan Automotive Safety

SHE:300893 China Auto Parts

Market Cap

$1.07 Billion

CN¥7.30 Billion CNY

Market Cap Rank

#8350 Global

#1888 in China

Share Price

CN¥15.44

Change (1 day)

+2.59%

52-Week Range

CN¥12.61 - CN¥25.98

All Time High

CN¥39.90