China Automotive Systems, Inc. (CAAS)

NASDAQ: CAAS · IEX Real-Time Price · USD
+0.07 (1.96%)
At close: Nov 27, 2023, 4:00 PM
+0.05 (1.37%)
After-hours: Nov 27, 2023, 6:25 PM EST

Total Valuation

CAAS has a market cap or net worth of $110.18 million. The enterprise value is $13.62 million.

Market Cap 110.18M
Enterprise Value 13.62M

Important Dates

The last earnings date was Friday, November 10, 2023, before market open.

Earnings Date Nov 10, 2023
Ex-Dividend Date n/a

Share Statistics

CAAS has 30.19 million shares outstanding. The number of shares has decreased by -1.47% in one year.

Shares Outstanding 30.19M
Shares Change (YoY) -1.47%
Shares Change (QoQ) -0.00%
Owned by Insiders (%) 65.15%
Owned by Institutions (%) 5.58%
Float 10.51M

Valuation Ratios

The trailing PE ratio is 3.54 and the forward PE ratio is 5.96. CAAS's PEG ratio is 0.61.

PE Ratio 3.54
Forward PE 5.96
PS Ratio 0.20
Forward PS 0.18
PB Ratio 0.34
P/FCF Ratio 21.54
PEG Ratio 0.61
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 0.24, with an EV/FCF ratio of 2.66.

EV / Earnings 0.44
EV / Sales 0.02
EV / EBITDA 0.24
EV / EBIT 0.38
EV / FCF 2.66

Financial Position

The company has a current ratio of 1.49, with a Debt / Equity ratio of 0.12.

Current Ratio 1.49
Quick Ratio 1.10
Debt / Equity 0.12
Debt / EBITDA 0.67
Debt / FCF 7.54
Interest Coverage 33.67

Financial Efficiency

Return on equity (ROE) is 9.70% and return on invested capital (ROIC) is 6.09%.

Return on Equity (ROE) 9.70%
Return on Assets (ROA) 4.40%
Return on Capital (ROIC) 6.09%
Revenue Per Employee $134,148
Profits Per Employee $7,645
Employee Count 4,070
Asset Turnover 0.77
Inventory Turnover 4.35


In the past 12 months, CAAS has paid $1.07 million in taxes.

Income Tax 1.07M
Effective Tax Rate 3.33%

Stock Price Statistics

The stock price has decreased by -41.13% in the last 52 weeks. The beta is 2.39, so CAAS's price volatility has been higher than the market average.

Beta (1Y) 2.39
52-Week Price Change -41.13%
50-Day Moving Average 3.47
200-Day Moving Average 4.83
Relative Strength Index (RSI) 59.04
Average Volume (30 Days) 35,142

Short Selling Information

The latest short interest is 38,220, so 0.13% of the outstanding shares have been sold short.

Short Interest 38,220
Short Previous Month 26,809
Short % of Shares Out 0.13%
Short % of Float 0.36%
Short Ratio (days to cover) 1.60

Income Statement

In the last 12 months, CAAS had revenue of $545.98 million and earned $31.12 million in profits. Earnings per share was $1.03.

Revenue 545.98M
Gross Profit 94.12M
Operating Income 23.09M
Pretax Income 34.76M
Net Income 31.12M
EBIT 35.82M
Earnings Per Share (EPS) $1.03
Full Income Statement

Balance Sheet

The company has $135.12 million in cash and $38.57 million in debt, giving a net cash position of $96.55 million or $3.20 per share.

Cash & Cash Equivalents 135.12M
Total Debt 38.57M
Net Cash 96.55M
Net Cash Per Share $3.20
Equity / Book Value 328.64M
Book Value Per Share 10.89
Working Capital 166.30M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $27.09 million and capital expenditures -$21.97 million, giving a free cash flow of $5.11 million.

Operating Cash Flow 27.09M
Capital Expenditures -21.97M
Free Cash Flow 5.11M
FCF Per Share $0.17
Full Cash Flow Statement


Gross margin is 17.24%, with operating and profit margins of 4.23% and 5.70%.

Gross Margin 17.24%
Operating Margin 4.23%
Pretax Margin 6.37%
Profit Margin 5.70%
EBITDA Margin 10.49%
EBIT Margin 6.56%
FCF Margin 0.94%

Dividends & Yields

CAAS does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 28.24%
FCF Yield 4.64%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield 1.47%
Shareholder Yield 1.47%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on March 5, 2003. It was a forward split with a ratio of 7:2.

Last Split Date Mar 5, 2003
Split Type Forward
Split Ratio 7:2


CAAS has an Altman Z-Score of 1.97 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.97
Piotroski F-Score 7