China Automotive Systems, Inc. (CAAS)

NASDAQ: CAAS · Real-Time Price · USD
4.360
-0.100 (-2.24%)
Nov 22, 2024, 4:00 PM EST - Market closed
-2.24%
Market Cap 131.61M
Revenue (ttm) 621.38M
Net Income (ttm) 31.80M
Shares Out 30.19M
EPS (ttm) 1.05
PE Ratio 4.15
Forward PE n/a
Dividend n/a
Ex-Dividend Date Jul 30, 2024
Volume 16,453
Open 4.350
Previous Close 4.460
Day's Range 4.330 - 4.480
52-Week Range 3.050 - 4.970
Beta 2.45
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2024

About CAAS

China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People’s Republic of China, the United States, 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 electronics and systems and parts. The company also offers automotive motors and electromechanical integ... [Read more]

Industry Auto Parts
CEO Qizhou Wu
Employees 4,095
Stock Exchange NASDAQ
Ticker Symbol CAAS
Full Company Profile

Financial Performance

In 2023, China Automotive Systems's revenue was $576.35 million, an increase of 8.84% compared to the previous year's $529.55 million. Earnings were $37.66 million, an increase of 77.79%.

Financial Statements

News

China Automotive Systems Announces Share Repurchase Program Up To $5 Million

WUHAN, China , Nov. 18, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced...

4 days ago - PRNewsWire

China Automotive Systems, Inc. (CAAS) Q3 2024 Earnings Call Transcript

China Automotive Systems, Inc. (NASDAQ:CAAS) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Kevin Theiss - IR Jie Li - CFO Conference Call Participants Operator Gr...

9 days ago - Seeking Alpha

China Automotive Systems Reports Sales Increased by 19.4% in the Third Quarter of 2024

WUHAN, China , Nov. 13, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced...

9 days ago - PRNewsWire

China Automotive Systems to Announce Unaudited 2024 Third Quarter Financial Results on November 13, 2024

WUHAN, China , Nov. 4, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced ...

18 days ago - PRNewsWire

China Automotive Systems Announces Annual Meeting on September 24, 2024

CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held on Tuesday, September 24, 2024 at 9:00 AM local time, or 9:00 PM EDT on Monday, September 2...

2 months ago - PRNewsWire

China Automotive Systems Reports Income From Operations Increased by 38.7% in the Second Quarter of 2024

WUHAN, China , Aug. 13, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced...

3 months ago - PRNewsWire

China Automotive Systems to Announce Unaudited 2024 Second Quarter Financial Results on August 13, 2024

WUHAN, China , Aug. 2, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced ...

4 months ago - PRNewsWire

China Automotive Systems: 74% Discount To Book Value, Great Earnings

China Automotive Systems had a phenomenal 1Q24 with a 17% EPS increase, leading to a 19% stock increase after announcing a one-time $0.80 dividend per share. CAAS stock is undervalued, trading at 5.4x...

4 months ago - Seeking Alpha

China Automotive Systems Announces Special Cash Dividend

- Celebrating 20th Anniversary of NASDAQ Listing - WUHAN, China , July 19, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering compon...

4 months ago - PRNewsWire

China Automotive Systems. Goes Unnoticed For Too Long

China Automotive System stock is cheap and unnoticed, facing political and economic challenges hindering sales. CAAS stock has shown positive momentum recently due to China's strategies and investment...

6 months ago - Seeking Alpha

China Automotive Systems, Inc. (CAAS) Q1 2024 Earnings Call Transcript

China Automotive Systems, Inc. (NASDAQ:CAAS) Q1 2024 Earnings Conference Call May 14, 2024 8:00 AM ET Company Participants Kevin Theiss - Investor Relations Jie Li - Chief Financial Officer Conferenc...

6 months ago - Seeking Alpha

China Automotive Systems Reports 17.4% Increase in Earnings Per Share in the First Quarter of 2024

WUHAN, China , May 14, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced ...

6 months ago - PRNewsWire

China Automotive Systems to Announce Unaudited 2024 First Quarter Financial Results on May 14, 2024

WUHAN, China , May 7, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced t...

7 months ago - PRNewsWire

China Automotive Systems, Inc. (CAAS) Q4 2023 Earnings Call Transcript

China Automotive Systems, Inc. (CAAS) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

China Automotive Systems Reports Record Annual Revenue, and a 81.2% Increase in Diluted Net Income Per Share to $1.25 in Fiscal Year 2023

-  Electric Power Steering ("EPS") Sales Increased by 24.6% in 2023 - WUHAN, China , March 28, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading p...

8 months ago - PRNewsWire

China Automotive Systems to Announce Unaudited 2023 Fourth Quarter and Audited 2023 Year Financial Results on March 28, 2024

WUHAN, China , March 15, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announce...

9 months ago - PRNewsWire

China Automotive Systems, Inc. (CAAS) Q3 2023 Earnings Call Transcript

China Automotive Systems, Inc. (NASDAQ:CAAS) Q3 2023 Earnings Conference Call November 10, 2023 8:00 AM ET Company Participants Kevin Theiss - IR Jie Li - CFO Conference Call Participants Operator Go...

1 year ago - Seeking Alpha

China Automotive Systems Reports a 29.2% Increase in Diluted Earnings Per Share Growth in the Third Quarter of 2023

WUHAN, China , Nov. 10, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced...

1 year ago - PRNewsWire

China Automotive Systems to Announce Unaudited 2023 Third Quarter Financial Results on November 10, 2023

WUHAN, China , Nov. 3, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced ...

1 year ago - PRNewsWire

China Automotive Systems Announces Annual Meeting on August 30, 2023

CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held on Wednesday, August 30, 2023 at 9:00 AM local time, or 9:00 PM EDT on August 29, 2023 WUHA...

1 year ago - PRNewsWire

China Automotive Systems, Inc. (CAAS) Q2 2023 Earnings Call Transcript

China Automotive Systems, Inc. (NASDAQ:CAAS) Q2 2023 Earnings Call Transcript August 11, 2023 8:00 AM ET Company Participants Kevin Theiss - IR Jie Li - CFO Operator Greetings, and welcome to the Chi...

1 year ago - Seeking Alpha

China Automotive Systems Reports 90.0% Increase in Net Income Per Share to $0.57 in the First Six Months of 2023

WUHAN, China , Aug. 11, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced...

1 year ago - PRNewsWire

China Automotive Systems to Announce Unaudited 2023 Second Quarter Financial Results on August 11, 2023

WUHAN, China , Aug. 3, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced ...

1 year ago - PRNewsWire

China Automotive Systems: Revving-Up To Move Up

China Automotive Systems is considered a bullish investment opportunity due to its strong position in the automotive industry and the growing demand for its products, especially in the electric vehicl...

1 year ago - Seeking Alpha

China Automotive Systems, Inc. (CAAS) Q1 2023 Earnings Call Transcript

China Automotive Systems, Inc. (NASDAQ:CAAS) Q1 2023 Earnings Conference Call May 12, 2023 8:00 AM ET Company Participants Kevin Theiss - Investor Relations Jie Li - Chief Financial Officer Conferenc...

1 year ago - Seeking Alpha