Zhejiang Songyuan Automotive Safety (300893) - Total Assets
Based on the latest financial reports, Zhejiang Songyuan Automotive Safety (300893) holds total assets worth CN¥3.68 Billion CNY (≈ $538.40 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check how aggressively does Zhejiang Songyuan Automotive Safety reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Zhejiang Songyuan Automotive Safety - Total Assets Trend (2016–2024)
This chart illustrates how Zhejiang Songyuan Automotive Safety's total assets have evolved over time, based on quarterly financial data. Check 300893 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Zhejiang Songyuan Automotive Safety - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhejiang Songyuan Automotive Safety's total assets of CN¥3.68 Billion consist of 55.3% current assets and 44.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.6% |
| Accounts Receivable | CN¥1.09 Billion | 34.6% |
| Inventory | CN¥334.73 Million | 10.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥235.82 Million | 7.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Zhejiang Songyuan Automotive Safety's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see how much is Zhejiang Songyuan Automotive Safety worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Songyuan Automotive Safety's current assets represent 55.3% of total assets in 2024, a decrease from 66.0% in 2016.
- Cash Position: Cash and equivalents constituted 7.6% of total assets in 2024, up from 4.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 6.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 34.6% of total assets.
Zhejiang Songyuan Automotive Safety Competitors by Total Assets
Key competitors of Zhejiang Songyuan Automotive Safety based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
CONTINENTAL AG ADR 1/10
F:CONA
|
Germany | €17.79 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.96 Billion |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
China | CN¥4.15 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
NINGBO HENGSHUAI Co. LTD.
SHE:300969
|
China | CN¥1.98 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
Zhejiang Songyuan Automotive Safety - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.32 | 1.93 | 3.88 |
| Quick Ratio | 0.97 | 1.59 | 3.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥453.26 Million | CN¥711.77 Million | CN¥468.93 Million |
Zhejiang Songyuan Automotive Safety - Advanced Valuation Insights
This section examines the relationship between Zhejiang Songyuan Automotive Safety's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.73 |
| Latest Market Cap to Assets Ratio | 0.40 |
| Asset Growth Rate (YoY) | 58.3% |
| Total Assets | CN¥3.14 Billion |
| Market Capitalization | $1.27 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Songyuan Automotive Safety's assets below their book value (0.40x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Zhejiang Songyuan Automotive Safety's assets grew by 58.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Zhejiang Songyuan Automotive Safety (2016–2024)
The table below shows the annual total assets of Zhejiang Songyuan Automotive Safety from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.14 Billion ≈ $459.10 Million |
+58.33% |
| 2023-12-31 | CN¥1.98 Billion ≈ $289.96 Million |
+28.13% |
| 2022-12-31 | CN¥1.55 Billion ≈ $226.30 Million |
+42.35% |
| 2021-12-31 | CN¥1.09 Billion ≈ $158.97 Million |
+22.79% |
| 2020-12-31 | CN¥884.73 Million ≈ $129.46 Million |
+60.03% |
| 2019-12-31 | CN¥552.84 Million ≈ $80.90 Million |
+11.77% |
| 2018-12-31 | CN¥494.62 Million ≈ $72.38 Million |
+0.02% |
| 2017-12-31 | CN¥494.53 Million ≈ $72.37 Million |
+12.76% |
| 2016-12-31 | CN¥438.59 Million ≈ $64.18 Million |
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About Zhejiang Songyuan Automotive Safety
Zhejiang Songyuan Automotive Safety Systems Co.,Ltd., together with its subsidiaries, engages in the design, research, development, production, sale, and service of automotive passive safety system products in China and internationally. The company offers seat belt assemblies, air bags, steering wheels, and special seat safety devices; electronics comprising ECU, integrated switches, and harnesse… Read more