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CAAS

China Automotive Systems Inc

CAAS

3.63USD-0.04 (-1.09%)Delayed
Watchlist

Market Summary

USD3.63-0.04
Delayed
-1.09%

CAAS Alerts

  • 1 major insider buys recently.

CAAS Stock Price

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CAAS RSI Chart

CAAS Alerts

CAAS Valuation

Market Cap

109.6M

Price/Earnings (Trailing)

3.52

Price/Sales (Trailing)

0.2

EV/EBITDA

-0.48

Price/Free Cashflow

16.99

CAAS Price/Sales (Trailing)

CAAS Profitability

EBT Margin

5.37%

Return on Equity

9.17%

Return on Assets

4.25%

Free Cashflow Yield

5.88%

CAAS Fundamentals

CAAS Revenue

Revenue (TTM)

546.0M

Revenue Y/Y

0.24%

Revenue Q/Q

0.1%

CAAS Earnings

Earnings (TTM)

31.1M

Earnings Y/Y

27.01%

Earnings Q/Q

-9.34%

Price Action

Last 30 days

6.1%

Last 90 days

-9.2%

Trailing 12 Months

-46.1%

How does CAAS drawdown profile look like?

CAAS Financial Health

Current Ratio

1.46

CAAS Investor Care

Buy Backs (1Y)

2.15%

Diluted EPS (TTM)

1.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023535.4M545.6M546.0M0
2022504.0M510.6M539.6M529.6M
2021474.4M511.8M505.7M498.0M
2020395.8M373.2M387.1M417.6M
2019471.3M451.3M439.8M431.4M
2018513.8M521.9M515.6M496.2M
2017464.5M481.1M504.9M499.1M
2016436.9M428.8M432.6M462.1M
2015475.9M469.6M458.7M443.5M
2014432.3M449.9M460.7M466.8M
2013352.2M369.8M387.5M415.2M
2012322.0M324.3M326.5M336.0M
2011352.7M345.8M340.6M332.1M
2010278.2M300.8M323.3M345.9M
2009000255.6M
Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for CAAS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 16, 2023
li jie
bought
19,320
3.22
6,000
chief financial officer
Dec 03, 2020
li jie
sold
-451,600
9.032
-50,000
chief financial officer
Sep 10, 2019
li jie
bought
59.73
1.81
33.00
chief financial officer
Sep 09, 2019
li jie
bought
3,620
1.81
2,000
chief financial officer
Sep 06, 2019
li jie
bought
9,481
1.85
5,125
chief financial officer
Sep 04, 2019
li jie
bought
1,618
1.85
875
chief financial officer
Sep 03, 2019
li jie
bought
3,700
1.85
2,000
chief financial officer
Aug 26, 2019
li jie
bought
1,850
1.85
1,000
chief financial officer
Aug 23, 2019
li jie
bought
9,110
1.83943
4,953
chief financial officer
Aug 22, 2019
li jie
bought
89.3
1.9
47.00
chief financial officer

1–10 of 10

Which funds bought or sold CAAS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Nov 15, 2023
MORGAN STANLEY
added
7.22
-6,781
37,764
 -%
Nov 15, 2023
Virtu Financial LLC
sold off
-100
-51,000
-
 -%
Nov 15, 2023
GSA CAPITAL PARTNERS LLP
added
35.02
18,000
286,000
 0.03%
Nov 14, 2023
MILLENNIUM MANAGEMENT LLC
reduced
-47.84
-845,315
593,377
 -%
Nov 14, 2023
RENAISSANCE TECHNOLOGIES LLC
reduced
-4.46
-544,000
1,681,000
 -%
Nov 14, 2023
ZACKS INVESTMENT MANAGEMENT
sold off
-100
-98,653
-
 -%
Nov 14, 2023
CITADEL ADVISORS LLC
reduced
-24.46
-90,545
134,294
 -%
Nov 14, 2023
Royal Bank of Canada
unchanged
-
-4,000
16,000
 -%
Nov 14, 2023
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
3.43
-214,682
963,456
 0.02%
Nov 14, 2023
TWO SIGMA INVESTMENTS, LP
reduced
-43.5
-100,705
81,320
 -%

1–10 of 36

Latest Funds Activity

Are funds buying CAAS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CAAS
No. of Funds

Recent SEC filings of China Automotive Systems Inc

View All Filings
Date Filed Form Type Document
Nov 17, 2023
4
Insider Trading
Nov 13, 2023
8-K
Current Report
Nov 13, 2023
10-Q
Quarterly Report
Oct 26, 2023
UPLOAD
UPLOAD
Aug 31, 2023
8-K
Current Report

Peers (Alternatives to China Automotive Systems Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
TSLA
774.9B
95.9B
 9.75% 40.55%
72.05
8.08
 28.13% -3.88%
GM
46.3B
172.0B
 22.42% -11.47%
4.63
0.27
 16.82% 5.03%
F
44.1B
174.2B
 9.65% -10.76%
7.28
0.25
 14.82% -32.67%
APTV
22.6B
-
 7.88% -14.63%
9.89
6.77
 44.99% 506.91%
KMX
10.7B
27.0B
 4.87% 2.63%
23.51
0.4
 -19.84% -43.83%
MID-CAP
BWA
7.7B
16.4B
 1.61% -19.02%
10.57
0.47
 7.05% -11.25%
ABG
4.4B
14.7B
 6.79% 18.51%
4.92
0.3
 2.19% 14.73%
ALSN
4.3B
3.0B
 5.34% 27.42%
8.04
1.54
 10.50% 26.77%
GT
4.0B
20.3B
 9.57% 31.17%
-7.93
0.2
 -0.79% -158.21%
ADNT
3.1B
15.3B
 1.23% -4.61%
26.79
0.2
 15.66% -85.53%
SMALL-CAP
AXL
882.9M
6.0B
 13.73% -19.96%
-1.5K
0.15
 6.46% -114.63%
BLBD
693.2M
1.1B
 18.77% 64.11%
-38.72
0.64
 47.93% 28.54%
CAAS
109.6M
546.0M
 6.14% -46.06%
3.52
0.2
 1.19% 42.73%
WKHS
104.7M
10.7M
 2.50% -78.31%
-0.89
8.08
 271.05% 50.02%
AYRO
10.8M
949.9K
 30.95% -50.91%
-0.35
11.33
 -70.27% -28.13%

China Automotive Systems Inc News

Latest updates
Danbury News Times • 10 Nov 2023 • 11:10 am • 29 days ago
China Automotive Systems: Q3 Earnings Snapshot
Yahoo Finance • 14 Oct 2023 • 07:00 am • 56 days ago
11 Cheap Chinese Penny Stocks to Buy According to Hedge Funds
StockNews.com • 11 Sep 2023 • 07:00 am • 2 months ago
BABA: 4 China Stocks Crushing the Stock Market Right Now
StockNews.com • 03 Aug 2023 • 07:00 am • 4 months ago
BABA: Are Investors Interested in Buying or Selling Alibaba Group ...
MarketBeat • 05 Jul 2023 • 07:00 am • 5 months ago
Lowest PE Ratio Stocks 2023
MarketBeat • 16 May 2023 • 07:00 am • 6 months ago
High Beta Stocks 2023
Yahoo Finance • 20 Dec 2022 • 08:00 am • 11 months ago
5 Stocks With Impressive EV-to-EBITDA Ratios to Scoop Up
Yahoo Finance • 15 Dec 2022 • 08:00 am • 11 months ago
4 Promising Chinese Stocks to Buy for 2023
PR Newswire • 29 Nov 2022 • 08:00 am • 12 months ago
China Automotive Systems Expands Partnership With BYD
InvestorPlace • 05 May 2022 • 07:00 am • 19 months ago
HFCAA News: 128 Chinese Stocks the SEC Could Delist
StreetInsider.com • 17 Aug 2021 • 07:00 am • 2 years ago
Form N-PX BRIDGEWAY FUNDS INC For: Jun 30
AlfaVirtualClub • 07 Jul 2021 • 07:00 am • 2 years ago
China Automotive Systems costruisce un nuovo sistema di sterzo ...
Nasdaq • 12 Nov 2020 • 08:00 am • 3 years ago
China Automotive Systems (CAAS) Surpasses Q3 Earnings and ...
MarketBeat • 13 May 2017 • 04:26 am • 6 years ago
10 Cheap Stocks Under $10 to Buy Now in 2023
MarketBeat • 08 Jun 2015 • 09:33 pm • 8 years ago
NASDAQ:CAAS - China Automotive Systems Stock Price, News ...

Financials for China Automotive Systems Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue0.1%13813714212913712713613910812113014611483.0074.00116101106109124112
Cost Of Revenue---------------------97.00
Gross Profit9.0%25.0023.0022.0025.0021.0023.0015.0020.0017.0016.0020.0023.0014.008.0011.0017.0017.0015.0014.0011.0015.00
Operating Expenses7.1%17.0016.0015.0026.0018.0018.0017.0021.0017.0016.0017.0028.0015.0014.0011.0019.0014.0015.0014.0022.0014.00
  S&GA Expenses15.9%6.005.005.0011.005.006.005.008.006.006.005.0014.005.005.003.007.004.004.005.007.004.00
  R&D Expenses4.0%7.007.006.0011.009.008.008.0010.006.006.007.008.006.006.005.009.006.007.007.0010.007.00
EBITDA Margin-100.0%-0.10*0.10*0.09*0.10*0.09*0.07*0.07*0.06*0.05*0.04*0.03*0.04*0.06*0.07*0.07*0.04*----
Interest Expenses-11.2%0.000.000.000.000.000.000.001.000.000.000.000.000.000.000.001.001.001.001.001.000.00
Income Taxes-53.7%1.001.001.00-1.931.003.001.001.002.000.001.002.00-0.19-0.031.00-1.211.001.000.00-2.580.00
Earnings Before Taxes-16.5%11.0013.009.00-2.7410.0012.004.00-0.342.002.005.00-5.68-2.31-4.440.00-2.025.003.001.00-9.572.00
EBT Margin-100.0%-0.05*0.05*0.04*0.05*0.03*0.01*0.02*0.01*0.00*-0.02*-0.03*-0.02*0.00*0.02*0.02*0.00*----
Net Income-9.3%9.0010.007.004.007.009.00-0.065.00-0.323.003.00-3.212.00-4.10-0.032.004.002.001.00-3.160.00
Net Income Margin-100.0%-0.05*0.05*0.04*0.04*0.03*0.02*0.02*0.01*0.01*0.00*-0.01*0.00*0.01*0.02*0.02*0.01*----
Free Cashflow100.0%--0.91-4.588.0013.0012.00-5.2730.00-12.836.00-4.03-2.2617.00-0.4127.0015.0017.00----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets3.4%708685727714675694727717686696702708667631630660650671685690682
  Current Assets4.3%509488529521488491506501477476479476440414417441447466480495496
    Cash Equivalents41.3%13596.0099.0012110114410915911511712212811310613310610289.0092.00116122
  Inventory2.9%10310010511210511011411610696.0090.0088.0082.0083.0071.0083.0087.0091.0090.0088.0088.00
  Net PPE1.3%10199.00105107105113123128129136139141136132134140138142137122125
Liabilities2.5%359350387387357364388379359367381388355333327351345362373386372
  Current Liabilities2.4%343335364364335341360352332338349354321298281304298320329341328
  Long Term Debt-----1.000.00---------------
Shareholder's Equity3.5%329317323312302314322321311312304303293280284289284289293286288
  Additional Paid-In Capital0%64.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.00
Shares Outstanding-100.0%-30.0030.00-31.0031.0031.00-31.0031.0031.00-31.0031.0031.00-31.0031.0032.00-32.00
Minority Interest21.9%20.0016.0017.0015.0015.0016.0016.0016.0016.0016.0016.0016.0019.0019.0019.0020.0021.0020.0019.0019.0021.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations691.2%10,792,0001,364,000-1,416,00016,346,00017,193,00018,734,000-4,250,00034,138,000-11,412,0006,303,000-758,0004,684,00021,363,0002,135,00029,244,00026,217,00029,820,000-7,517,000-18,214,0003,519,00014,400,000
  Share Based Compensation-----------88,000--------23,000-
Cashflow From Investing79.2%-1,534,000-7,365,000-16,681,0009,922,000-18,219,00021,196,000-45,639,0005,151,0004,481,000-911,000-5,758,00010,058,000-3,224,000-32,287,0001,696,000-11,051,000-6,498,000268,000-10,048,0004,740,000-4,035,000
Cashflow From Financing104.6%237,000-5,157,000-399,000-1,037,000-2,156,0002,353,000-743,0002,901,0004,826,000-12,222,0001,376,000-5,344,000-14,736,0003,154,000-2,907,000-12,550,000-6,961,0006,784,0001,989,000-13,574,00029,053,000
  Dividend Payments----------------------
  Buy Backs----867,0001,371,000-------1,000,000---101,000-342,000--

CAAS Income Statement

2023-09-30
Condensed Unaudited Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Condensed Unaudited Consolidated Statements of Operations and Comprehensive Income    
Net product sales$ 137,541$ 137,207$ 417,194$ 400,764
Cost of products sold112,784116,289348,101342,401
Gross profit24,75720,91869,09358,363
Gain on other sales2,1772,2903,5725,326
Less: Operating expenses    
Selling expenses3,8033,97810,98112,358
General and administrative expenses6,1084,89316,13215,309
Research and development expenses6,8709,45019,86625,473
Total operating expenses16,78118,32146,97953,140
Income from operations10,1534,88725,68610,549
Other income, net1,1557444,6207,067
Interest expense(245)(384)(770)(1,156)
Financial income, net1634,7603,7049,318
Income before income tax expenses and equity in earnings of affiliated companies11,22610,00733,24025,778
Less: Income taxes6888993,0045,013
Add: Equity in earnings/(loss) of affiliated companies706(1,101)359(2,674)
Net income11,2448,00730,59518,091
Less: Net income attributable to non-controlling interests1,7495293,7991,229
Accretion to redemption value of redeemable non-controlling interests(7)(8)(22)(23)
Net income attributable to parent company's common shareholders9,4887,47026,77416,839
Comprehensive income:    
Net income11,2448,00730,59518,091
Other comprehensive income:    
Foreign currency translation income/(loss), net of tax3,580(18,705)(8,752)(36,323)
Comprehensive income/(loss)14,824(10,698)21,843(18,232)
Less: Comprehensive income/(loss) attributable to non-controlling interests3,590(604)4,831(957)
Accretion to redemption value of redeemable non-controlling interests(7)(8)(22)(23)
Comprehensive income/(loss) attributable to parent company$ 11,227$ (10,102)$ 16,990$ (17,298)
Net income attributable to parent company's common shareholders per share -    
Basic (in dollars per share)$ 0.31$ 0.24$ 0.89$ 0.55
Diluted (in dollars per share)$ 0.31$ 0.24$ 0.89$ 0.55
Weighted average number of common shares outstanding -    
Basic (in shares)30,185,70230,637,87630,185,70230,778,336
Diluted (in shares)30,189,36330,640,26030,190,66030,779,883

CAAS Balance Sheet

2023-09-30
Condensed Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 108,244$ 121,216
Pledged cash26,87737,735
Inventories103,187112,236
Other current assets29,12725,207
Total current assets508,952520,718
Non-current assets:  
Property, plant and equipment, net100,598106,606
Land use rights, net9,0739,555
Long-term investments60,86659,810
Other non-current assets28,60417,663
Total assets708,093714,352
Current liabilities:  
Short-term loans38,56845,671
Accounts and notes payable222,071235,107
Accrued expenses and other payables47,57348,311
Other current liabilities34,43935,106
Total current liabilities342,651364,195
Long-term liabilities:  
Long-term tax payable8,78115,805
Other non-current liabilities7,4026,937
Total liabilities358,834386,937
Commitments and Contingencies (See Note 22)
Mezzanine equity:  
Redeemable non-controlling interests605582
Stockholders' equity:  
Common stock, $0.0001 par value - Authorized - 80,000,000 shares; Issued - 32,338,302 and 32,338,302 shares as of September 30, 2023 and December 31, 2022, respectively33
Additional paid-in capital63,73163,731
Retained earnings-  
Appropriated11,85111,851
Unappropriated273,948247,174
Accumulated other comprehensive income(13,197)(3,413)
Treasury stock - 2,152,600 and 2,152,600 shares as of September 30, 2023 and December 31, 2022, respectively(7,695)(7,695)
Total parent company stockholders' equity328,641311,651
Non-controlling interests20,01315,182
Total stockholders' equity348,654326,833
Total liabilities, mezzanine equity and stockholders' equity708,093714,352
Unrelated parties  
Current assets:  
Accounts and notes receivable, net227,946214,308
Current liabilities:  
Accounts and notes payable211,788218,412
Related parties  
Current assets:  
Accounts and notes receivable, net13,57110,016
Current liabilities:  
Accounts and notes payable$ 10,283$ 16,695

About China Automotive Systems Inc

CAAS
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China and internationally. It produces rack and pinion power steering gears for cars and light-duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronic and hydraulic power steering systems and parts. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research and development support services, as well as markets automotive parts in North America and Brazil. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was incorporated in 1999 and is headquartered in Jingzhou, the People's Republic of China.
 CEO
 WEBSITEwww.caasauto.com
 EMPLOYEES3957

China Automotive Systems Inc Frequently Asked Questions

What is the ticker symbol for China Automotive Systems Inc? What does CAAS stand for in stocks?

CAAS is the stock ticker symbol of China Automotive Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of China Automotive Systems Inc (CAAS)?

As of Fri Dec 08 2023, market cap of China Automotive Systems Inc is 109.57 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CAAS stock?

You can check CAAS's fair value in chart. The fair value of China Automotive Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of China Automotive Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CAAS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is China Automotive Systems Inc a good stock to buy?

The fair value guage provides a quick view whether CAAS is over valued or under valued. Whether China Automotive Systems Inc is cheap or expensive depends on the assumptions which impact China Automotive Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CAAS.

What is China Automotive Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, CAAS's PE ratio (Price to Earnings) is 3.52 and Price to Sales (PS) ratio is 0.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CAAS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on China Automotive Systems Inc's stock?

In the past 10 years, China Automotive Systems Inc has provided -0.071 (multiply by 100 for percentage) rate of return.