China Automotive Systems, Inc. (CAAS)
| Market Cap | 129.13M +2.6% |
| Revenue (ttm) | 725.26M +16.7% |
| Net Income | 33.48M +5.3% |
| EPS | 1.11 +5.7% |
| Shares Out | 30.17M |
| PE Ratio | 3.86 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,078 |
| Open | 4.290 |
| Previous Close | 4.290 |
| Day's Range | 4.260 - 4.349 |
| 52-Week Range | 3.610 - 5.150 |
| Beta | 1.03 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 13, 2026 |
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. The company 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. It also provides automotive motors and electromechanical int... [Read more]
Financial Performance
In 2024, China Automotive Systems's revenue was $650.94 million, an increase of 12.94% compared to the previous year's $576.35 million. Earnings were $29.98 million, a decrease of -20.39%.
Financial StatementsNews
China Automotive Systems to Announce Unaudited 2025 Fourth Quarter and Audited 2025 Year Financial Results on April 22, 2026
WUHAN, China, April 13, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced...
China talks up oil sufficiency as Trump seeks Beijing's help on securing Hormuz energy route
China's energy supply forms a "relatively good" foundation for responding to external market volatility, said Fu Linghui, spokesperson at the National Bureau of Statistics. The bureau also announced t...
China's nudge, a U.S. permission, an Iranian rapprochement — India's balancing act on an economic thread
India balanced oil dependence on Iran with pressure from the U.S.-Israel bloc. China urged stronger BRICS cooperation as geopolitical tensions grew.
China to reportedly boost defense spending by 7%, slowest pace since 2021
China reportedly plans to raise defense spending by 7% this year, the slowest increase since 2021. China kicks off an 8-day parliamentary meeting Thursday.
China is set to kick off its big policy meeting. What will be the key announcements?
Beijing is expected to set GDP growth target at around 4.5% to 5% this year, inflation target unchanged at 2%, budget deficit of 4%. The world's second-largest economy faces persistent challenges at h...
Khamenei's death raises questions about Trump's China trip
U.S. strikes on Iran raised doubts about Trump's planned visit to China. Prediction markets showed increased bets on a greater likelihood of a delayed Trump trip.
Why Chile is the latest LATAM country to be caught in a U.S.-China power struggle
Chile has become ensnared in a U.S.-China power struggle. U.S. Secretary of State Marco Rubio said the Trump administration would impose visa restrictions on three Chilean government officials tied to...
China Automotive Systems Announces 2026-2030 Strategic Plan
WUHAN, China, Jan. 6, 2026 /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 Awarded First South American EPS Contract
WUHAN, China , Dec. 17, 2025 /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 Advances High-Torque Intelligent Steering Motors to Mass Production for Commercial Vehicles
WUHAN, China , Dec. 5, 2025 /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 Reports 77.8% EPS Growth in the Third Quarter of 2025 and Raises Full Year Guidance
WUHAN, China , Nov. 12, 2025 /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 Signs Strategic Cooperation MoU With KYB-UMW to Advance High-End Manufacturing in Malaysia and Further Develop ASEAN Market
WUHAN, China , Nov. 3, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced ...
CAAS Introduces Rear-Wheel Active Steering Technology to Upper Mass-Market EVs in China
WUHAN, China , Oct. 21, 2025 /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 COMPLETES REDOMICILIATION MERGER
WUHAN, China , Sept. 11, 2025 /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 Announces Special Meeting of Stockholders on September 10, 2025
A special meeting of stockholders will be held on Wednesday, September 10, 2025, at 9:00 AM local time or 9:00 PM EDT on Tuesday, September 9, 2025 WUHAN, China , Sept. 2, 2025 /PRNewswire/ -- China A...
China Automotive Systems Reports Income From Operations Increased by 20.2% in the Second Quarter of 2025
WUHAN, China , Aug. 13, 2025 /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 2025 Second Quarter Financial Results on August 13, 2025
WUHAN, China , July 29, 2025 /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 Begins Mass Production of First iRCB Compatible L2+ Assisted Driving Systems for China Market
WUHAN, China , July 9, 2025 /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 June 25, 2025
2025 AGM will be held on Wednesday, June 25, 2025 at 9:00 AM local time, or 9:00 PM EDT on Tuesday, June 24, 2025 WUHAN, China , June 10, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: C...
China Automotive Systems Wins First R-EPS Steering Order From Major European Automaker
WUHAN, China , May 21, 2025 /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 Reports 19.9% Increase in Net Sales in First Quarter of 2025
WUHAN, China , May 14, 2025 /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 2025 First Quarter Financial Results on May 14, 2025
WUHAN, China , May 6, 2025 /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 Reports 12.9% Revenue Increase to Annual Record
- Electric Power Steering ("EPS") Sales Increased by 29.9% in 2024 - WUHAN, China , March 28, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading p...
China Automotive Systems to Announce Unaudited 2024 Fourth Quarter and Audited 2024 Year Financial Results on March 28, 2025
WUHAN, China , March 19, 2025 /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 Announces Subsidiary's Annual Sales Milestone of 5 Million Units and New Driver Assist Products in Mass Production
WUHAN, China , Jan. 24, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced...