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.
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. Also see Zhejiang Songyuan Automotive Safety (300893) market capitalisation for the company's overall valuation and market capitalisation.
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. Review 300893 current and long-term liabilities to assess the company's total debt and financial obligations.
| 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. See Zhejiang Songyuan Automotive Safety (300893) stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
Hunan Oil Pump
SHG:603319
|
China | CN¥4.22 Billion |
|
Shanghai Baolong Automotive Corp
SHG:603197
|
China | CN¥11.87 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179
|
China | CN¥19.38 Billion |
|
Jiangyin Haida Rubber and Plastic Co Ltd Class A
SHE:300320
|
China | CN¥3.72 Billion |
|
Shanghai Yanpu Metal Products Co Ltd
SHG:605128
|
China | CN¥3.05 Billion |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
China | CN¥2.48 Billion |
|
Thai Stanley Electric Public Company Limited
BK:STANLY
|
Thailand | ฿23.68 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 | 0.30 |
| Asset Growth Rate (YoY) | 58.3% |
| Total Assets | CN¥3.14 Billion |
| Market Capitalization | $948.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Songyuan Automotive Safety's assets below their book value (0.30x), 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 |
-- |
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