Zhejiang Songyuan Automotive Safety SystemsLtd Future Growth
Future criteria checks 6/6
Zhejiang Songyuan Automotive Safety SystemsLtd is forecast to grow earnings and revenue by 29% and 25.1% per annum respectively. EPS is expected to grow by 28.8% per annum. Return on equity is forecast to be 27.7% in 3 years.
Key information
29.0%
Earnings growth rate
28.8%
EPS growth rate
| Auto Components earnings growth | 25.2% |
| Revenue growth rate | 25.1% |
| Future return on equity | 27.7% |
| Analyst coverage | Low |
| Last updated | 02 Nov 2024 |
Recent future growth updates
No updates
Recent updates
Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.'s (SZSE:300893) Earnings Are Not Doing Enough For Some Investors
Nov 27
There May Be Underlying Issues With The Quality Of Zhejiang Songyuan Automotive Safety SystemsLtd's (SZSE:300893) Earnings
Nov 04Does Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893) Deserve A Spot On Your Watchlist?
Oct 14Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. (SZSE:300893) Shares Could Be 24% Below Their Intrinsic Value Estimate
Sep 29Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893) Seems To Use Debt Quite Sensibly
Sep 03A Piece Of The Puzzle Missing From Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.'s (SZSE:300893) Share Price
Jul 05We Ran A Stock Scan For Earnings Growth And Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893) Passed With Ease
May 13We Think That There Are Issues Underlying Zhejiang Songyuan Automotive Safety SystemsLtd's (SZSE:300893) Earnings
Apr 25Investors Met With Slowing Returns on Capital At Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893)
Apr 18Market Participants Recognise Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.'s (SZSE:300893) Earnings Pushing Shares 32% Higher
Mar 08Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 2,991 | 514 | 176 | 455 | 3 |
| 12/31/2025 | 2,345 | 389 | 89 | 452 | 4 |
| 12/31/2024 | 1,764 | 294 | 60 | 397 | 4 |
| 9/30/2024 | 1,776 | 271 | -348 | 204 | N/A |
| 6/30/2024 | 1,614 | 258 | -285 | 191 | N/A |
| 3/31/2024 | 1,423 | 226 | -155 | 167 | N/A |
| 12/31/2023 | 1,280 | 198 | -128 | 163 | N/A |
| 9/30/2023 | 1,105 | 156 | -92 | 148 | N/A |
| 6/30/2023 | 1,038 | 138 | -158 | 85 | N/A |
| 3/31/2023 | 997 | 128 | -174 | 124 | N/A |
| 1/1/2023 | 992 | 118 | -225 | 61 | N/A |
| 9/30/2022 | 950 | 115 | -188 | 95 | N/A |
| 6/30/2022 | 834 | 102 | -144 | 124 | N/A |
| 3/31/2022 | 805 | 109 | -131 | 106 | N/A |
| 1/1/2022 | 745 | 111 | -107 | 105 | N/A |
| 9/30/2021 | 680 | 104 | -124 | 43 | N/A |
| 6/30/2021 | 664 | 107 | -72 | 53 | N/A |
| 3/31/2021 | 610 | 102 | -55 | 26 | N/A |
| 12/31/2020 | 536 | 90 | -16 | 56 | N/A |
| 9/30/2020 | 495 | 87 | 24 | 81 | N/A |
| 12/31/2019 | 465 | 81 | 50 | 82 | N/A |
| 12/31/2018 | 421 | 63 | 36 | 79 | N/A |
| 12/31/2017 | 426 | 50 | N/A | 46 | N/A |
| 12/31/2016 | 421 | 58 | N/A | 17 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 300893's forecast earnings growth (29% per year) is above the savings rate (2.8%).
Earnings vs Market: 300893's earnings (29% per year) are forecast to grow faster than the CN market (25.8% per year).
High Growth Earnings: 300893's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 300893's revenue (25.1% per year) is forecast to grow faster than the CN market (13.8% per year).
High Growth Revenue: 300893's revenue (25.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 300893's Return on Equity is forecast to be high in 3 years time (27.7%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:34 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xue Deng | China International Capital Corporation Limited |
| Xuxia Tang | Guosen Securities Co., Ltd. |
| Jiang Shao | Tianfeng Securities Brokerage Co., Ltd |