China Automotive Systems, Inc. (CAAS)
| Market Cap | 103.97M |
| Revenue (ttm) | 511.84M |
| Net Income (ttm) | 5.48M |
| Shares Out | 30.85M |
| EPS (ttm) | 0.18 |
| PE Ratio | 18.72 |
| Forward PE | 7.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 28,744 |
| Open | 3.37 |
| Previous Close | 3.38 |
| Day's Range | 3.32 - 3.43 |
| 52-Week Range | 2.85 - 13.69 |
| Beta | 3.10 |
| Analysts | Strong Sell |
| Price Target | 6.00 (+78.0%) |
| Est. Earnings Date | Nov 11, 2021 |
About CAAS
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. 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. China Automotive Systems, Inc. also markets automotive parts in North America and Bra...
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CAAS stock is "Strong Sell" and the 12-month stock price forecast is 6.00.
News
China Automotive Systems (CAAS) Q2 Earnings and Revenues Beat Estimates
China Automotive Systems (CAAS) delivered earnings and revenue surprises of 42.86% and 2.05%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
China Automotive Systems Reports 45.0% Net Sales Increase in the Second Quarter of 2021
WUHAN, China, Aug. 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced it...
China Automotive Systems to Announce Unaudited 2021 Second Quarter Financial Results on August 12, 2021
WUHAN, China, Aug. 10, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited...
China Automotive Systems (CAAS) to Report Q2 Results: Wall Street Expects Earnings Growth
China Automotive Systems (CAAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
China Automotive Systems Announces Annual Meeting Conference Call on July 28, 2021
WUHAN, China, July 19, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced th...
China Automotive Systems Receives SGS TÜV Certification
WUHAN, China, July 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced th...
China Automotive Develops New Steering System For Alfa Romeo's Hybrid SUV
China Automotive Systems Inc (NASDAQ: CAAS) is developing a new steering system for Milan-based Alfa Romeo, a subsidiary of Dutch automotive manufacturing company Stellantis NV (NYSE: STLA). The steeri...
China Automotive Systems Develops New Steering System for Alfa Romeo's First Subcompact Crossover EV
WUHAN, China, July 6, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced tha...
3 Capital-Intensive Stocks to Consider
When looking for value opportunities amid capital-intensive businesses, investors could be interested in stocks whose price-to-tangible-book-value ratios are more appealing than their industry medians.
China Automotive Systems Purchases 40% of European Vehicle Technology Leader and Officially Enters Autonomous Driving
WUHAN, China, June 9, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced tha...
China Automotive Systems' (CAAS) Shares March Higher, Can It Continue?
As of late, it has definitely been a great time to be an investor in China Automotive Systems (CAAS).
China Automotive Systems (CAAS) Q1 Earnings and Revenues Top Estimates
China Automotive Systems (CAAS) delivered earnings and revenue surprises of 233.33% and 11.61%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: China Automotive Systems Q1 Earnings
Shares of China Automotive Systems (NASDAQ:CAAS) decreased 4.3% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 0.00% over the past year to $0.10, ...
China Automotive Systems Reports 77.0% Net Sales Increase and Return to Profitability in the First Quarter of 2021
WUHAN, China, May 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its...
Earnings Outlook For China Automotive Systems
China Automotive Systems (NASDAQ:CAAS) unveils its next round of earnings this Wednesday, May 12. Get prepared with Benzinga's ultimate preview for China Automotive Systems's Q1 earnings.
China Automotive Systems to Announce Unaudited 2021 First Quarter Financial Results on May 12, 2021
WUHAN, China, May 6, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited f...
China Automotive Systems' South American Unit Sales to Increase Approximately 200% In 2021
WUHAN, China, April 15, 2021 /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 (CAAS) Meets Q4 Earnings Estimates
China Automotive Systems (CAAS) delivered earnings and revenue surprises of 0.00% and 26.37%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
China Automotive Systems: Q4 Earnings Insights
Shares of China Automotive Systems (NASDAQ:CAAS) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share fell 33.33% year over year to $0.04, which beat the estim...
China Automotive Systems Reports Fourth Quarter and Fiscal Year 2020 Results
WUHAN, China, March 30, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced i...
A Preview Of China Automotive Systems's Earnings
China Automotive Systems (NASDAQ:CAAS) announces its next round of earnings this Tuesday, March 30. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement.
Earnings Preview: China Automotive Systems (CAAS) Q4 Earnings Expected to Decline
China Automotive Systems (CAAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
China Automotive Systems Introduces New EPS Product to Empower ADAS
WUHAN, China, March 22, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today provided an...
China Automotive Systems to Announce Unaudited 2020 Fourth Quarter and Audited 2020 Year Financial Results on March 3...
WUHAN, China, March 16, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudite...
Implied Volatility Surging for China Automotive Systems (CAAS) Stock Options
Investors need to pay close attention to China Automotive Systems (CAAS) stock based on the movements in the options market lately.