China Automotive Systems, Inc. (CAAS)

China Automotive Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	573.51	576.35	529.55	497.99	417.64	431.43
Revenue Growth (YoY)	7.12%	8.84%	6.34%	19.24%	-3.20%	-13.05%
Cost of Revenue	467.3	472.6	446.16	425.91	362.3	368.08
Gross Profit	106.2	103.75	83.39	72.08	55.34	63.35
Selling, General & Admin	42.6	41.11	43.03	42.7	42.09	34.25
Research & Development	28.1	29.18	36.11	28.23	25.72	27.99
Other Operating Expenses	-5.65	-5.79	-3.7	-4.37	-4.32	-5.07
Operating Expenses	65.05	64.51	75.44	66.56	63.49	57.17
Operating Income	41.15	39.25	7.95	5.52	-8.15	6.19
Interest Expense / Income	1.03	1.02	1.45	1.44	1.59	3.03
Other Expense / Income	-4.97	-4.57	-17.76	-10.97	-6.92	-7.4
Pretax Income	45.09	42.8	24.26	15.05	-2.82	10.55
Income Tax	6.05	5.14	3.08	4	2.16	0.59
Net Income	39.04	37.66	21.18	11.05	-4.98	9.96
Preferred Dividends	-0.07	0	0	0	0	0
Net Income Growth	39.36%	77.79%	91.68%	-	-	319.10%
Shares Outstanding (Basic)	30	30	31	31	31	31
Shares Outstanding (Diluted)	30	30	31	31	31	31
Shares Change	-0.02%	-1.47%	-0.69%	-0.71%	-1.21%	-0.59%
EPS (Basic)	1.29	1.25	0.69	0.36	-0.16	0.32
EPS (Diluted)	1.29	1.25	0.69	0.36	-0.16	0.32
EPS Growth	40.22%	81.16%	91.67%	-	-	300.00%
Free Cash Flow	15.05	4.46	29.24	19.16	43.1	-2.54
Free Cash Flow Per Share	0.50	0.15	0.95	0.62	1.39	-0.08
Gross Margin	18.52%	18.00%	15.75%	14.47%	13.25%	14.68%
Operating Margin	7.18%	6.81%	1.50%	1.11%	-1.95%	1.43%
Profit Margin	6.82%	6.53%	4.00%	2.22%	-1.19%	2.31%
Free Cash Flow Margin	2.62%	0.77%	5.52%	3.85%	10.32%	-0.59%
Effective Tax Rate	13.42%	12.00%	12.70%	26.60%	-	5.56%
EBITDA	65.09	62.52	50.89	43.6	20.83	31.43
EBITDA Margin	11.35%	10.85%	9.61%	8.76%	4.99%	7.29%
Depreciation & Amortization	18.97	18.71	25.17	27.11	22.06	17.85
EBIT	46.12	43.82	25.71	16.49	-1.23	13.58
EBIT Margin	8.04%	7.60%	4.86%	3.31%	-0.29%	3.15%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).