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CAAS

CAAS - China Automotive Systems Inc Stock Price, Fair Value and News

3.54USD-0.23 (-6.10%)Market Closed

Market Summary

CAAS
USD3.54-0.23
Market Closed
-6.10%

CAAS Stock Price

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CAAS RSI Chart

CAAS Valuation

Market Cap

106.9M

Price/Earnings (Trailing)

2.84

Price/Sales (Trailing)

0.19

EV/EBITDA

-0.71

Price/Free Cashflow

63.95

CAAS Price/Sales (Trailing)

CAAS Profitability

Operating Margin

31.47%

EBT Margin

8.37%

Return on Equity

10.93%

Return on Assets

4.91%

Free Cashflow Yield

1.56%

CAAS Fundamentals

CAAS Revenue

Revenue (TTM)

576.4M

Rev. Growth (Yr)

23.58%

Rev. Growth (Qtr)

15.72%

CAAS Earnings

Earnings (TTM)

37.7M

Earnings Growth (Yr)

150.67%

Earnings Growth (Qtr)

14.71%

Breaking Down CAAS Revenue

Last 7 days

-5.3%

Last 30 days

4.1%

Last 90 days

12.0%

Trailing 12 Months

-25.5%

How does CAAS drawdown profile look like?

CAAS Financial Health

Current Ratio

1.47

Debt/Equity

0

Debt/Cashflow

37.42

CAAS Investor Care

Diluted EPS (TTM)

1.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023535.4M545.6M546.0M576.4M
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
20100285.7M315.8M345.9M
2009000255.6M
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Tracking the Latest Insider Buys and Sells of China Automotive Systems Inc

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
Feb 26, 2024
Virtu Financial LLC
new
-
90,000
90,000
0.01%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
added
34.81
34,000
320,000
0.03%
Feb 14, 2024
TWO SIGMA INVESTMENTS, LP
reduced
-11.49
-21,552
59,768
-%
Feb 14, 2024
CITADEL ADVISORS LLC
added
26.94
7,254
141,548
-%
Feb 14, 2024
Royal Bank of Canada
unchanged
-
-3,000
13,000
-%
Feb 14, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
4.03
-131,217
832,239
0.02%
Feb 14, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-36.23
-279,169
314,208
-%
Feb 14, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
143
205,296
406,806
-%
Feb 14, 2024
TWO SIGMA ADVISERS, LP
reduced
-12.08
-25,207
68,153
-%

1–10 of 34

Are Funds Buying or Selling CAAS?

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
Mar 28, 2024
8-K
Current Report
Mar 28, 2024
10-K
Annual Report

Peers (Alternatives to China Automotive Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
514.2B
96.8B
-1.30% -12.73%
34.29
5.31
18.80% 19.44%
49.3B
171.8B
4.94% 23.80%
4.89
0.29
9.64% 2.33%
48.9B
176.2B
1.41% -2.32%
11.22
0.28
11.47% 328.08%
20.4B
20.1B
-5.48% -31.81%
6.93
1.02
14.65% 394.61%
10.9B
26.5B
-13.97% -
22.81
0.41
-10.61% -1.15%
MID-CAP
7.6B
15.0B
3.14% -32.01%
12.18
0.51
12.05% -33.79%
7.1B
3.0B
7.56% 75.05%
10.49
2.33
9.61% 26.74%
4.4B
14.8B
2.45% 3.30%
7.29
0.3
-4.09% -39.59%
3.4B
20.1B
-2.02% 12.62%
-5.01
0.17
-3.55% -440.59%
2.7B
15.4B
-10.44% -24.76%
12.5
0.17
7.09% 494.44%
SMALL-CAP
1.1B
1.2B
11.76% 93.68%
18.68
0.94
33.91% 215.64%
818.3M
6.1B
6.07% -8.98%
-24.35
0.13
4.78% -152.26%
106.9M
576.4M
4.12% -25.47%
2.84
0.19
8.84% 77.79%
56.7M
5.0M
-33.33% -83.18%
-0.46
17.55
38.21% -5.67%
6.4M
498.9K
-21.21% 120.34%
-0.19
12.87
-83.32% -48.94%

China Automotive Systems Inc News

Latest updates
Yahoo Movies Canada27 hours ago
StockNews.com3 months ago

China Automotive Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue15.7%15913813714212913712713613910812113014611483.0074.00116101106109124
Gross Profit40.0%35.0025.0023.0022.0025.0021.0023.0015.0020.0017.0016.0020.0023.0014.008.0011.0017.0017.0015.0014.0011.00
Operating Expenses38.9%23.0017.0016.0015.0026.0018.0018.0017.0021.0017.0016.0017.0028.0015.0014.0011.0019.0014.0015.0014.0022.00
  S&GA Expenses53.4%9.006.005.005.0011.005.006.005.008.006.006.005.0014.005.005.003.007.004.004.005.007.00
  R&D Expenses35.6%9.007.007.006.0011.009.008.008.0010.006.006.007.008.006.006.005.009.006.007.007.0010.00
EBITDA Margin21.5%0.12*0.10*0.10*0.10*0.09*0.10*0.09*0.07*0.07*0.06*0.05*0.04*0.03*--------
Interest Expenses2.4%0.000.000.000.000.000.000.000.001.000.000.000.000.000.000.000.001.001.001.001.001.00
Income Taxes210.0%2.001.001.001.00-1.931.003.001.001.002.000.001.002.00-0.19-0.031.00-1.221.001.000.00-2.58
Earnings Before Taxes33.6%15.0011.0013.009.00-2.7410.0012.004.00-0.342.002.005.00-5.68-2.31-4.440.00-2.025.003.001.00-9.57
EBT Margin49.8%0.08*0.06*0.05*0.05*0.04*0.05*0.03*0.01*0.02*0.01*0.00*-0.02*-0.03*--------
Net Income14.7%11.009.0010.007.004.007.009.00-0.065.00-0.323.003.00-3.212.00-4.10-0.032.004.002.001.00-3.16
Net Income Margin14.6%0.07*0.06*0.05*0.05*0.04*0.04*0.03*0.02*0.02*0.01*0.01*0.00*-0.01*--------
Free Cashflow-23.0%3.004.00-0.91-4.588.0013.0012.00-5.2730.00-12.836.00-4.03-2.26--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets8.2%766708685727714675694727717686696702708667631630660650671685690
  Current Assets10.8%564509488529521488491506501477476479476440414417441447466480495
    Cash Equivalents43.4%15510896.0099.0012113214410915911511712212811310613310610289.0092.00116
  Inventory8.9%11210310010511210511011411610696.0090.0088.0082.0083.0071.0083.0087.0091.0090.0088.00
  Net PPE0.8%10110199.00105107105113123128129136139141136132134140138142137122
Liabilities10.9%398359350387387357364388379359367381388355333327351345362373386
  Current Liabilities12.0%384343335364364335341360352332338349354321298281304298320329341
  Long Term Debt------1.000.00--------------
Shareholder's Equity4.8%3443293173233123023143223213113123042152932802840.00284289293286
  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%-30.0030.0030.0031.0031.0031.0031.0031.0031.0031.0031.0031.0031.00-------
Minority Interest16.6%23.0020.0016.0017.0015.0015.0016.0016.0016.0016.0016.0016.0016.0019.0019.0019.0020.0021.0020.0019.0019.00
Float-------28.00---55.00---32.00---20.00--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-15.1%9,16610,7921,364-1,41616,34617,19318,734-4,25034,138-11,4126,303-7584,68421,3632,13529,24426,21729,820-7,517-18,2143,519
  Share Based Compensation------------88.00--------23.00
Cashflow From Investing-99.3%-3,057-1,534-7,365-16,6819,922-18,21921,196-45,6395,1514,481-911-5,75810,058-3,224-32,2871,696-11,051-6,498268-10,0484,740
Cashflow From Financing5012.7%12,117237-5,157-399-1,037-2,1562,353-7432,9014,826-12,2221,376-5,344-14,7363,154-2,907-12,550-6,9616,7841,989-13,574
  Dividend Payments----------------------
  Buy Backs-----8671,371-------1,000---101-342-

CAAS Income Statement

2023-12-31
Consolidated Statements of Income or Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Consolidated Statements of Income or Loss  
Net product sales ($47,514 and $44,282 sold to related parties for the years ended December 31, 2023 and 2022)$ 576,354$ 529,551
Cost of products sold ($27,288 and $28,810 purchased from related parties for the years ended December 31, 2023 and 2022)472,603446,157
Gross profit103,75183,394
Net gain on other sales5,7883,696
Operating expenses:  
Selling expenses15,61016,910
General and administrative expenses25,50326,120
Research and development expenses29,18136,109
Total operating expenses70,29479,139
Operating income39,2457,951
Other income, net5,3455,782
Interest expense(1,021)(1,450)
Financial income, net4,66610,753
Income before income tax expenses and equity in earnings of affiliated companies48,23523,036
Less: Income taxes5,1373,082
Add: Equity in (loss)/earnings of affiliated companies(360)2,389
Net income42,73822,343
Net income attributable to non-controlling interest5,0501,132
Accretion to redemption value of redeemable non-controlling interests(30)(30)
Net income attributable to parent company's common shareholders$ 37,658$ 21,181
Net income attributable to parent company's common shareholders per share -  
Basic (in dollars per share)$ 1.25$ 0.69
Diluted (in dollars per share)$ 1.25$ 0.69
Weighted average number of common shares outstanding -  
Basic (in shares)30,185,70230,639,102
Diluted (in shares)30,189,42130,641,274

CAAS Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 114,660$ 121,216
Pledged cash40,53437,735
Short-term investments11,08412,861
Inventories112,392112,236
Total current assets564,075520,718
Non-current assets:  
Property, plant and equipment, net101,359106,606
Land use rights, net9,2339,555
Intangible assets, net3,8651,273
Operating lease assets278477
Long-term time deposits8,6470
Other receivables, net (Allowance for credit losses of 49 and $50, respectively)59846
Long-term investments60,17359,810
Deferred tax assets8,8997,652
Total assets766,440714,352
Current liabilities:  
Short-term bank loans48,00545,671
Accounts and notes payable253,578235,107
Customer deposits8,6335,654
Accrued payroll and related costs11,28211,628
Accrued expenses and other payables44,77148,311
Taxes payable17,26717,598
Operating lease liabilities - current portion203226
Total current liabilities383,739364,195
Long-term liabilities:  
Advances payable2822,144
Operating lease liabilities - non-current portion52255
Long-term loans1,221528
Deferred tax liabilities3,9434,010
Long-term taxes payable8,78115,805
Total liabilities398,018386,937
Commitments and Contingencies (Note 25)
Mezzanine equity:  
Redeemable non-controlling interests613582
Stockholders' Equity  
Common stock, $0.0001 par value - Authorized - 80,000,000 shares Issued - 32,338,302 and 32,338,302 shares at December 31, 2023 and 2022, respectively33
Additional paid-in capital63,73163,731
Retained earnings-  
Appropriated11,85111,851
Unappropriated284,832247,174
Accumulated other comprehensive income(8,258)(3,413)
Treasury stock - 2,152,600 and 2,152,600 shares at December 31, 2023 and 2022, respectively(7,695)(7,695)
Total parent company stockholders' equity344,464311,651
Non-controlling interests23,34515,182
Total stockholders' equity367,809326,833
Total liabilities, mezzanine equity and stockholders' equity766,440714,352
Unrelated parties  
Current assets:  
Accounts and notes receivable, net261,237214,308
Advance Payments and Others Related Parties14,00810,907
Non-current assets:  
Advance Payments For Property Plant And Equipment3,5546,331
Current liabilities:  
Accounts and notes payable240,739218,412
Related parties  
Current assets:  
Accounts and notes receivable, net8,16910,016
Advance Payments and Others Related Parties1,9911,439
Non-current assets:  
Advance Payments For Property Plant And Equipment5,7591,884
Current liabilities:  
Accounts and notes payable$ 12,839$ 16,695
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
 WEBSITEcaasauto.com
 INDUSTRYAutos
 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 Mon Apr 15 2024, market cap of China Automotive Systems Inc is 106.86 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 for subscribers.

What is the fair value of CAAS stock?

You can check CAAS's fair value in chart for subscribers. 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 Mon Apr 15 2024, CAAS's PE ratio (Price to Earnings) is 2.84 and Price to Sales (PS) ratio is 0.19. 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 -0.075 (multiply by 100 for percentage) rate of return.