China Automotive Systems, Inc. (CAAS)
Market Cap | 141.27M |
Revenue (ttm) | 594.70M |
Net Income (ttm) | 35.78M |
Shares Out | 30.19M |
EPS (ttm) | 1.19 |
PE Ratio | 3.95 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | Jul 30, 2024 |
Volume | 31,147 |
Open | 4.740 |
Previous Close | 4.730 |
Day's Range | 4.640 - 4.790 |
52-Week Range | 3.040 - 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]
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 StatementsNews
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 ...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
China Automotive Systems, Inc. (CAAS) Q4 2023 Earnings Call Transcript
China Automotive Systems, Inc. (CAAS) Q4 2023 Earnings Call Transcript
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...
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...
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...
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...
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 ...
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...
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...
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...
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 ...
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...
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...
China Automotive Systems' Unaudited Diluted Income Per Share Climbs to $0.23 in the First Quarter of 2023
WUHAN, China , May 12, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced ...
China Automotive Systems to Announce Unaudited 2023 First Quarter Financial Results on May 12, 2023
WUHAN, China , May 5, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced t...
China Automotive Systems: Invest In This Chinese Stock For Long-Term Gains
China Automotive Systems recently announced Q4 FY22 and FY22 results. Despite several challenges, their top and bottom line grew in FY22, which is a positive sign.