China Automotive Systems, Inc. (CAAS)
| Market Cap | 170.92M |
| Revenue (ttm) | 387.10M |
| Net Income (ttm) | 38,000 |
| Shares Out | 31.11M |
| EPS (ttm) | 0.00 |
| PE Ratio | n/a |
| Forward PE | 18.45 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | February 25 |
| Last Price | $5.54 |
| Previous Close | $5.93 |
| Change ($) | -0.39 |
| Change (%) | -6.58% |
| Day's Open | 5.98 |
| Day's Range | 5.50 - 6.06 |
| Day's Volume | 185,734 |
| 52-Week Range | 1.43 - 13.69 |
Investors need to pay close attention to China Automotive Systems (CAAS) stock based on the movements in the options market lately.
CAAS stock offers good value to buyers of Chinese EVs and autos. China Automotive Systems stock offers a bargain entry point into the growth of the Chinese EV market.
With China Automotive Systems' production lines running at nearly full capacity, it's full steam ahead for CAAS stock. The post Tap Into a Massive Auto Parts Market with China Automotive Syste...
On paper, CAAS stock seems like an agnostic play on the electric vehicle sector but something's not quite right. The post Caution Is Warranted for China Automotive Systems appeared first on In...
CAAS stock might be a new investment for some American traders, but impressive auto-parts sales should bring more bulls into the fold. The post Tap Into the International EV Parts Market With ...
China Automotive Systems is a small manufacturer supplying power steering systems and components to leading automakers whose industry is burgeoning as are this company's revenues. Management i...
WUHAN, China, Dec. 7, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today ann...
- Reached monthly run rate of 70,000 steering units shipped to leading Chinese OEMs and North America aftermarket - - New steering product and production line are ready for autonomous driving ...
After a historical surge in CAAS stock price, here's what's likely driving Tuesday's decline.
Investors need to pay close attention to China Automotive Systems (CAAS) stock based on the movements in the options market lately.
The stock price of China Automotive Systems, Inc. (NASDAQ: CAAS) increased by 174.15% today. This is why it happened.
China Automotive Systems (CAAS) news for Monday includes new sales numbers of its steering units boosting CAAS stock higher today. The post China Automotive Systems News: Why CAAS Stock Is Sho...
Shares of China Automotive Systems Inc. shot up 21% in premarket trading Monday, after the Wuhan, China-based company said so far this yaer it has shipped about 120,000 of its electric power-s...
- 120,000 steering units shipped for electric vehicle ("EV") models so far in 2020; may reach over 140,000 units by year end 2020 - - targets sales of over 200,000 steering units for Chinese E...
China Automotive Systems (CAAS) delivered earnings and revenue surprises of 700.00% and 4.22%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead ...
Shares of China Automotive Systems (NASDAQ:CAAS) moved higher by 12.5% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 38.46% over the pa...
WUHAN, China, Nov. 12, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today an...
WUHAN, China, Nov. 9, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue ...
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.
WUHAN, China, Aug. 25, 2020 /PRNewswire/ -- China Automotive Systems, Inc.
China Automotive Systems, Inc. (CAAS) CEO Qizhou Wu on Q2 2020 Results - Earnings Call Transcript
China Automotive Systems (CAAS) delivered earnings and revenue surprises of -225.00% and -4.42%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for...
Shares of China Automotive Systems (NASDAQ:CAAS) moved higher by 12% in pre-market trading after the company reported Q2 results.
WUHAN, China, Aug. 14, 2020 /PRNewswire/ -- China Automotive Systems, Inc.
China Automotive Systems (NASDAQ: CAAS) announces its next round of earnings this Friday, August 14.
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.
WUHAN, China, Aug.6, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today anno...
WUHAN, China, Aug. 6, 2020 /PRNewswire/ -- China Automotive Systems, Inc.
China Automotive Systems' sales expectations for 2020 have been revised upwards.
Does China Automotive Systems (CAAS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
With China becoming the first major economy to register growth since the start of the pandemic and with more room to expand in the near future, investing in solid China stocks seems prudent.
China Automotive Systems (CAAS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the ...
As of late, it has definitely been a great time to be an investor in China Automotive Systems.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
China Automotive Systems, Inc. (CAAS) CEO Qizhou Wu on Q1 2020 Results - Earnings Call Transcript
Shares of China Automotive Systems (NASDAQ:CAAS) moved higher by 6% in pre-market trading after the company reported Q1 results.
WUHAN, China, June 23, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today an...
China Automotive Systems, Inc. (CAAS) CEO Qizhou Wu on Q4 2019 Results - Earnings Call Transcript
Shares of China Automotive Systems (NASDAQ:CAAS) rose 8.9% in pre-market trading after the company reported Q4 results.
WUHAN, China, May 14, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today ann...
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.
Is (CAAS) Outperforming Other Auto-Tires-Trucks Stocks This Year?
China Automotive Systems (CAAS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Does China Automotive Systems (CAAS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Top Ranked Momentum Stocks to Buy for December 4th
China Automotive Systems (CAAS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
China Automotive Systems (CAAS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
About CAAS
China Automotive Systems, through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. 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 electronic and hydraulic power steering systems and parts. It is also involved in the marketing of automotive parts in North America and Braz... [Read more...]
| Industry Auto Parts | |
| CEO Qizhou Wu | Employees 3,998 |
| Stock Exchange NASDAQ | Ticker Symbol CAAS |
Financial Performance
In 2019, CAAS's revenue was $431.43 million, a decrease of -13.05% compared to the previous year's $496.16 million. Earnings were $9.96 million, an increase of 318.97%.
Analyst Forecasts
According to one analyst, the rating for CAAS stock is "Strong Sell" and the 12-month stock price forecast is 4.00.