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Bethel Automotive Safety Systems Co., Ltd (603596.SS)

CNY22.97 +0.36 (+1.59%)
CN SHH Consumer Cyclical Auto - Parts
Address No. 19, Taishan Road 241009
Wuhu, CN
CEO Yongbin Yuan
IPO 2018-05-14
ISIN CNE1000030Y7

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Description

Bethel Automotive Safety Systems Co., Ltd is a Chinese firm primarily engaged in the research, manufacturing, and distribution of braking systems specifically designed for commercial vehicles. Its extensive product line encompasses a variety of braking components and safety systems. These include conventional items such as front and rear disc brakes, drum brakes, rear integrated parking brakes, brake master cylinders, and vacuum boosters. The company also provides advanced solutions like electronic parking systems, anti-lock braking systems (ABS), and vehicle stability control systems. Furthermore, their catalog features specialized products such as cast aluminum steering knuckles, complete brake assemblies, brake caliper assemblies, air pressure ABS, pneumatic disc brakes, and pressure-cast aluminum alloy products. Established in 2004, the enterprise operates from its headquarters situated in Wuhu, China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY22.97 +0.36 (+1.59%)
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Volume Profile
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Liquidity & share structure
Average Volume
21M
Beta
0.59
Float Shares
354.16M
Free Float %
58.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.65% -0.37% -29.94% -36.64% -32.05% -37.23% -45.32% -32.31% +59.62% +107.21% +107.21%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
22.97
DCF (Unlevered) 8.98 -60.9%
DCF (Levered) 1.89 -91.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.29
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
2 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Auto - Parts: +7.8%
    +20.9% Q1'26: +1.4% (vs Q1'25)
  • EPS growth Auto - Parts: +18.0%
    +1.5% Q1'26: -2.2% (vs Q1'25)
  • FCF margin FCF growth · Auto - Parts: +53.1%
    +3.4% Q1'26: +2.2% (vs Q1'25)
  • EBIT margin Auto - Parts: +7.5%
    +11.9% Q1'26: +11.1% (vs Q1'25)
  • ROIC Auto - Parts: +6.4%
    +13.9% Q1'26: +10.7% (vs Q1'25)
  • Share dilution Auto - Parts: +0.0%
    +6.7% Q1'26: +1.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Auto - Parts: 0.27×
    2.91× Q1'26: 3.41× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.25) × ERP
WACC = 80% × Ke + 20% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 8.98 Current price: 22.97
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
8 Rev. Ana.
8 EPS Ana.
Dec 2027
10 Rev. Ana.
9 EPS Ana.
Dec 2028
8 Rev. Ana.
7 EPS Ana.
Revenue
2.60B
est: 2.60B (+0.0%)
3.16B
est: 3.03B (+4.2%)
3.04B
est: 3.04B (0.0%)
3.49B
est: 3.63B (-3.9%)
5.54B
est: 5.31B (+4.4%)
7.47B
est: 8.35B (-10.5%)
9.94B
est: 9.69B (+2.6%)
12.01B
est: 12.46B (-3.6%)
15.26B
14.02B – 17.82B
+22.5% YoY
18.26B
15.91B – 21.58B
+19.6% YoY
21.50B
21.20B – 21.80B
+17.7% YoY
EBITDA
393.18M
est: 428.49M (-8.2%)
532.79M
est: 499.03M (+6.8%)
592.38M
est: 500.95M (+18.3%)
591.91M
est: 598.60M (-1.1%)
805.34M
est: 873.96M (-7.9%)
1.19B
est: 1.30B (-8.1%)
1.53B
est: 1.50B (+2.0%)
1.77B
est: 1.93B (-8.3%)
2.37B
2.18B – 2.77B
+22.5% YoY
2.84B
2.47B – 3.35B
+19.6% YoY
3.34B
3.29B – 3.39B
+17.7% YoY
EBIT
326.05M
est: 347.46M (-6.2%)
448.16M
est: 404.65M (+10.8%)
489.31M
est: 406.21M (+20.5%)
476.44M
est: 485.40M (-1.8%)
643.42M
est: 708.69M (-9.2%)
966.43M
est: 1.05B (-7.6%)
1.24B
est: 1.21B (+2.4%)
1.43B
est: 1.56B (-8.2%)
1.91B
1.76B – 2.23B
+22.5% YoY
2.29B
1.99B – 2.70B
+19.6% YoY
2.69B
2.65B – 2.73B
+17.7% YoY
Net Income
237.28M
est: 251.67M (-5.7%)
401.51M
est: 440.70M (-8.9%)
461.46M
est: 490.20M (-5.9%)
504.53M
est: 579.70M (-13.0%)
698.81M
est: 741.08M (-5.7%)
891.50M
est: 993.38M (-10.3%)
1.21B
est: 864.01M (+39.9%)
1.31B
est: 1.05B (+25.2%)
1.14B
1.07B – 1.20B
+8.7% YoY
1.49B
1.23B – 1.76B
+31.5% YoY
1.70B
1.47B – 1.93B
+13.8% YoY
SGA
113.31M
est: 80.53M (+40.7%)
140.95M
est: 93.79M (+50.3%)
106.44M
est: 94.15M (+13.1%)
110.66M
est: 112.50M (-1.6%)
185.30M
est: 164.25M (+12.8%)
203.88M
est: 248.25M (-17.9%)
271.67M
est: 287.94M (-5.7%)
347.13M
est: 370.42M (-6.3%)
453.81M
416.80M – 529.83M
+22.5% YoY
542.94M
472.96M – 641.43M
+19.6% YoY
639.28M
630.36M – 648.21M
+17.7% YoY
EPS
0.60
est: 0.41 (+44.8%)
0.99
est: 0.73 (+36.5%)
1.14
est: 0.81 (+41.3%)
1.25
est: 0.95 (+31.0%)
1.22
est: 1.22 (+0.0%)
1.53
est: 1.65 (-7.1%)
1.99
est: 1.28 (+55.9%)
2.16
est: 1.55 (+39.7%)
1.73
1.65 – 1.85
+12.1% YoY
2.15
1.90 – 2.71
+24.1% YoY
2.63
2.27 – 2.98
+22.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B+ 3/5 2/5 5/5 5/5 2/5 3/5 2/5
2026-05-11 B+ 3/5 2/5 5/5 5/5 2/5 3/5 2/5
2026-05-08 B+ 3/5 2/5 5/5 5/5 2/5 3/5 2/5
2026-05-07 B+ 3/5 2/5 5/5 5/5 2/5 3/5 2/5
2026-05-06 B+ 3/5 2/5 5/5 5/5 2/5 3/5 2/5
2026-04-30 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-29 B+ 3/5 2/5 5/5 5/5 1/5 3/5 2/5
2026-04-28 B+ 3/5 2/5 5/5 5/5 1/5 3/5 2/5
2026-04-27 B+ 3/5 2/5 5/5 5/5 1/5 3/5 2/5
2026-04-24 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-23 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-22 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-21 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-20 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-17 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5
2026-04-16 B 3/5 2/5 4/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
668.01M
OE per share TTM
1.08
Owner's Yield
3.42%
Maintenance CapEx ratio
35.46%
Maint CapEx / Avg PPE
30.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 38 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X China Electric Vehicle and Battery ETF (HKD) 2845.HK 0.65% 706.2K 0.68%
2 Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF ASHS 0.15% 56.0K 0.65%
3 HSBC MSCI China A UCITS ETF HMCT.L 0.08% 113.5K 0.30%
4 Xtrackers Harvest CSI A500 UCITS ETF 1D AH50.L 0.05% 8.6K 0.65%
5 WisdomTree Emerging Markets SmallCap Dividend Fund DGS 0.03% 484.3K 0.58%
6 Franklin FTSE China ETF FLCH 0.01% 36.6K 0.19%
7 Franklin FTSE China UCITS ETF FLXC.L 0.01% 171.9K 0.19%
8 Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF EMCR 0.01% 4.5K 0.15%
9 Goldman Sachs MarketBeta Emerging Markets Equity ETF GSEE 0.01% 10.4K 0.45%
10 Dimensional Emerging Markets Sustainability Core 1 ETF DFSE 0.00% 30.4K 0.44%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
241.4K
Shares Outstanding
606.51M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chun Cai Deputy General Manager male
Wei Dong Yang Deputy General Manager male
Xiaojie Wang Financial Director & Accounting Supervisor female
Yongbin Yuan Chairman & GM male
Zhongxi Chen Director, Deputy General Manager & Secretary of the Board male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits