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CAAS

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

4.23USD+0.72 (+20.51%)Delayed as of 19 Jul 2024, 12:09 pm ET

Market Summary

CAAS
USD4.23+0.72
Delayedas of 19 Jul 2024, 12:09 pm
20.51%

CAAS Stock Price

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CAAS RSI Chart

CAAS Valuation

Market Cap

106.0M

Price/Earnings (Trailing)

2.71

Price/Sales (Trailing)

0.18

EV/EBITDA

-0.09

Price/Free Cashflow

8.68

CAAS Price/Sales (Trailing)

CAAS Profitability

Operating Margin

31.13%

EBT Margin

8.97%

Return on Equity

10.91%

Return on Assets

5.07%

Free Cashflow Yield

11.52%

CAAS Fundamentals

CAAS Revenue

Revenue (TTM)

573.5M

Rev. Growth (Yr)

-2%

Rev. Growth (Qtr)

-12.42%

CAAS Earnings

Earnings (TTM)

39.1M

Earnings Growth (Yr)

21.22%

Earnings Growth (Qtr)

-24.04%

Breaking Down CAAS Revenue

52 Week Range

3.395.64
(Low)(High)

Last 7 days

-1.7%

Last 30 days

-9.9%

Last 90 days

-4.9%

Trailing 12 Months

-32.1%

How does CAAS drawdown profile look like?

CAAS Financial Health

Current Ratio

1.57

Debt/Equity

0

Debt/Cashflow

59.72

CAAS Investor Care

Diluted EPS (TTM)

1.29

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024573.5M000
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

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
May 20, 2024
Virtu Financial LLC
reduced
-29.78
-21,000
69,000
-%
May 15, 2024
TWO SIGMA ADVISERS, LP
reduced
-1.9
5,332
73,485
-%
May 15, 2024
MORGAN STANLEY
reduced
-16.62
-1,904
20,850
-%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-85.16
-19,491
3,798
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-16.54
-25,998
288,210
-%
May 15, 2024
TWO SIGMA INVESTMENTS, LP
unchanged
-
5,921
65,689
-%
May 15, 2024
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
unchanged
-
22,839
253,364
-%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
3.53
114,755
946,994
0.02%
May 15, 2024
Royal Bank of Canada
added
0.82
1,000
14,000
-%
May 15, 2024
CITADEL ADVISORS LLC
added
25.63
53,901
195,449
-%

1–10 of 30

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
May 14, 2024
8-K
Current Report
May 14, 2024
10-Q
Quarterly Report

Peers (Alternatives to China Automotive Systems Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
795.0B
94.7B
34.85% -14.41%
58.4
8.39
10.12% 15.85%
57.9B
177.5B
23.51% 3.19%
14.72
0.33
7.54% 33.01%
57.3B
174.9B
4.66% 26.56%
5.37
0.33
8.79% 13.26%
19.5B
20.1B
1.52% -35.05%
6.51
0.97
11.06% 348.88%
12.8B
26.0B
14.42% -3.91%
31.66
0.49
-7.48% -12.47%
MID-CAP
7.7B
14.8B
2.51% -26.32%
12.56
0.52
14.87% -36.11%
7.3B
3.1B
11.40% 41.78%
10.92
2.38
8.82% 17.48%
5.1B
15.4B
7.45% 0.20%
8.91
0.33
2.10% -39.62%
3.5B
19.7B
9.43% -22.05%
-5.43
0.18
-5.64% -13000.00%
2.3B
15.2B
0.43% -39.57%
14.47
0.15
3.04% 1216.67%
SMALL-CAP
1.6B
1.3B
-12.33% 117.63%
20.25
1.29
26.17% 337.87%
864.0M
6.2B
6.53% -18.26%
-108
0.14
5.67% -113.75%
106.0M
573.5M
-9.87% -32.09%
2.71
0.18
7.12% 39.36%
35.3M
13.1M
- -92.54%
-0.28
2.95
160.69% -6.54%
4.6M
444.2K
2.38% -4.44%
-0.14
10.26
-78.61% -35.63%

China Automotive Systems Inc News

Latest updates
Baystreet.ca2 hours ago
Seeking Alpha24 May 202407:00 am

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-12.4%13915913813714212913712713613910812113014611483.0074.00116101106109
Gross Profit-30.6%24.0035.0025.0023.0022.0025.0021.0023.0015.0020.0017.0016.0020.0023.0014.008.0011.0017.0017.0015.0014.00
Operating Expenses-36.0%15.0023.0017.0016.0015.0026.0018.0018.0017.0021.0017.0016.0017.0028.0015.0014.0011.0019.0014.0015.0014.00
  S&GA Expenses-40.8%6.009.006.005.005.0011.005.006.005.008.006.006.005.0014.005.005.003.007.004.004.005.00
  R&D Expenses-43.0%5.009.007.007.006.0011.009.008.008.0010.006.006.007.008.006.006.005.009.006.007.007.00
EBITDA Margin5.6%0.12*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 Expenses2.8%0.000.000.000.000.000.000.000.000.001.000.000.000.000.000.000.000.001.001.001.001.00
Income Taxes-18.3%2.002.001.001.001.00-1.931.003.001.001.002.000.001.002.00-0.19-0.031.00-1.211.001.000.00
Earnings Before Taxes-21.4%12.0015.0011.0013.009.00-2.7410.0012.004.00-0.342.002.005.00-5.68-2.31-4.440.00-2.025.003.001.00
EBT Margin7.2%0.09*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 Income-24.0%8.0011.009.0010.007.004.007.009.00-0.065.00-0.323.003.00-3.212.00-4.10-0.032.004.002.001.00
Net Income Margin4.4%0.07*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 Cashflow91.3%6.003.004.00-0.91-4.588.0013.0012.00-5.2730.00-12.836.00-4.03-2.26-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.6%771766708685727714675694727717686696702708667631630660650671685
  Current Assets1.1%570564509488529521488491506501477476479476440414417441447466480
    Cash Equivalents-1.8%11311510896.0014315913214410915911511712212811310613310610289.0092.00
  Inventory-2.9%10911210310010511210511011411610696.0090.0088.0082.0083.0071.0083.0087.0091.0090.00
  Net PPE-1.9%99.0010110199.00105107105113123128129136139141136132134140138142137
Liabilities-5.1%378398359350387387357364388379359367381388355333327351345362373
  Current Liabilities-5.2%364384343335364364335341360352332338349354321298281304298320329
  Long Term Debt-------1.000.00-------------
Shareholder's Equity4.1%35834432931732331230231432264.0031131230430329328028420.00284289293
  Additional Paid-In Capital9.4%70.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.0064.00
Shares Outstanding0%30.0030.0030.0030.0030.0031.0031.0031.0031.0031.0031.0031.0031.0031.00-------
Minority Interest44.8%34.0023.0020.0016.0017.0015.0015.0016.0016.0016.0016.0016.0016.0016.0019.0019.0019.0020.0021.0020.0019.00
Float----52.00---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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations14.0%10,4519,16610,7921,364-1,41616,34617,19318,734-4,25034,138-11,4126,303-7584,68421,3632,13529,24426,21729,820-7,517-18,214
  Share Based Compensation-------------88.00--------
Cashflow From Investing-439.2%-16,483-3,057-1,534-7,365-16,6819,922-18,21921,196-45,6395,1514,481-911-5,75810,058-3,224-32,2871,696-11,051-6,498268-10,048
Cashflow From Financing-34.1%7,98512,117237-5,157-399-1,037-2,1562,353-7432,9014,826-12,2221,376-5,344-14,7363,154-2,907-12,550-6,9616,7841,989
  Dividend Payments----------------------
  Buy Backs------8671,371-------1,000---101-342
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CAAS Income Statement

2024-03-31
Condensed Unaudited Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Condensed Unaudited Consolidated Statements of Operations and Comprehensive Income  
Net product sales ($11,360 and $13,576 sold to related parties for the three months ended March 31, 2024 and 2023)$ 139,394$ 142,243
Cost of products sold ($6,968 and $7,015 purchased from related parties for the three months ended March 31, 2024 and 2023)115,325120,625
Gross profit24,06921,618
Gain on other sales514653
Less: Operating expenses  
Selling expenses4,0733,384
General and administrative expenses5,5474,753
Research and development expenses5,3126,390
Total operating expenses14,93214,527
Income from operations9,6517,744
Other income, net2,4031,502
Interest expense(258)(249)
Financial expense, net(12)(422)
Income before income tax expenses and equity in earnings of affiliated companies11,7848,575
Less: Income taxes1,743829
Add: Equity in (losses)/earnings of affiliated companies(777)137
Net income9,2647,883
Less: Net income attributable to non-controlling interests9891,055
Accretion to redemption value of redeemable non-controlling interests(8)(8)
Net income attributable to parent company's common shareholders8,2676,820
Comprehensive income:  
Net income9,2647,883
Other comprehensive income:  
Foreign currency translation (loss)/ income, net of tax(348)4,554
Comprehensive income8,91612,437
Less: Comprehensive income attributable to non-controlling interests9411,321
Accretion to redemption value of redeemable non-controlling interests(8)(8)
Comprehensive income attributable to parent company$ 7,967$ 11,108
Net income attributable to parent company's common shareholders per share -  
Basic (in dollars per share)$ 0.27$ 0.23
Diluted (in dollars per share)$ 0.27$ 0.23
Weighted average number of common shares outstanding -  
Basic (in shares)30,185,70230,185,702
Diluted (in shares)30,185,70230,193,082

CAAS Balance Sheet

2024-03-31
Condensed Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 112,557$ 114,660
Pledged cash44,02840,534
Inventories109,082112,392
Other current assets38,04727,083
Total current assets570,432564,075
Non-current assets:  
Property, plant and equipment, net99,395101,359
Land use rights, net9,1519,233
Long-term investments59,27860,173
Other non-current assets32,41631,600
Total assets770,672766,440
Current liabilities:  
Short-term loans40,47148,005
Accounts and notes payable242,970253,578
Accrued expenses and other payables44,83944,771
Other current liabilities35,40937,385
Total current liabilities363,689383,739
Long-term liabilities:  
Long-term tax payable8,7818,781
Other non-current liabilities5,3605,498
Total liabilities377,830398,018
Commitments and Contingencies (See Note 21)
Mezzanine equity:  
Redeemable non-controlling interests621613
Stockholders' equity:  
Common stock, $0.0001 par value - Authorized - 80,000,000 shares; Issued - 32,338,302 and 32,338,302 shares as of March 31, 2024 and December 31, 2023, respectively33
Additional paid-in capital69,72263,731
Retained earnings-  
Appropriated12,17411,851
Unappropriated292,776284,832
Accumulated other comprehensive income(8,558)(8,258)
Treasury stock - 2,152,600 and 2,152,600 shares as of March 31, 2024 and December 31, 2023, respectively(7,695)(7,695)
Total parent company stockholders' equity358,422344,464
Non-controlling interests33,79923,345
Total stockholders' equity392,221367,809
Total liabilities, mezzanine equity and stockholders' equity770,672766,440
Unrelated parties  
Current assets:  
Accounts and notes receivable, net255,119261,237
Current liabilities:  
Accounts and notes payable228,705240,739
Related parties  
Current assets:  
Accounts and notes receivable, net11,5998,169
Current liabilities:  
Accounts and notes payable$ 14,265$ 12,839
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 Thu Jul 18 2024, market cap of China Automotive Systems Inc is 105.95 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 Thu Jul 18 2024, CAAS's PE ratio (Price to Earnings) is 2.71 and Price to Sales (PS) ratio is 0.18. 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 -0.095 (multiply by 100 for percentage) rate of return.