NASDAQ:CAAS China Automotive Systems (CAAS) Stock Forecast, Price & News $3.89 -0.07 (-1.77%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$3.89▼$4.0350-Day Range$3.60▼$5.5652-Week Range$3.50▼$9.70Volume11,606 shsAverage Volume35,963 shsMarket Capitalization$117.42 millionP/E Ratio4.05Dividend YieldN/APrice TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media About China Automotive Systems (NASDAQ:CAAS) StockChina Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China and internationally. 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. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research and development support services, as well as markets automotive parts in North America and Brazil. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was incorporated in 1999 and is headquartered in Jingzhou, the People's Republic of China.Read More CAAS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CAAS Stock News HeadlinesSeptember 12, 2023 | finance.yahoo.comAfter the recent decline, China Automotive Systems, Inc. (NASDAQ:CAAS) Top Key Executive Hanlin Chen's holdings have lost 11% of their valueAugust 22, 2023 | finance.yahoo.comChina Automotive Systems Announces Annual Meeting on August 30, 2023September 30, 2023 | Weiss Ratings (Ad)Guess What The Fed Is Doing To Your Money Now?For years, the Federal Reserve has been printing mountains of money jacking up interest rates and driving the U.S. into a recession. And just a few weeks ago, they did something even more disturbing. And hardly anyone is talking about it. Yet this could harm you more than money printing and interest rates. It made a frightening power grab of the U.S. dollar, and it could cause you to lose control of your cash.August 11, 2023 | finanznachrichten.deChina Automotive Systems, Inc.: China Automotive Systems Reports 90.0% Increase in Net Income Per Share to $0.57 in the First Six Months of 2023August 11, 2023 | seekingalpha.comChina Automotive Systems GAAP EPS of $0.35, revenue of $137.4MAugust 11, 2023 | msn.comChina Automotive Systems Reports 8% Topline Growth In Q2; Reiterates 2023 Revenue GuidanceAugust 11, 2023 | finance.yahoo.comChina Automotive Systems Reports 90.0% Increase in Net Income Per Share to $0.57 in the First Six Months of 2023August 8, 2023 | finance.yahoo.comChina Automotive Systems (NASDAQ:CAAS) Has More To Do To Multiply In Value Going ForwardSeptember 30, 2023 | Weiss Ratings (Ad)Guess What The Fed Is Doing To Your Money Now?For years, the Federal Reserve has been printing mountains of money jacking up interest rates and driving the U.S. into a recession. And just a few weeks ago, they did something even more disturbing. And hardly anyone is talking about it. Yet this could harm you more than money printing and interest rates. It made a frightening power grab of the U.S. dollar, and it could cause you to lose control of your cash.August 4, 2023 | uk.finance.yahoo.comTrans-China Automotive Holdings (Catalist:VI2) investors are sitting on a loss of 30% if they invested a year agoAugust 3, 2023 | finance.yahoo.comChina Automotive Systems to Announce Unaudited 2023 Second Quarter Financial Results on August 11, 2023July 24, 2023 | stocknews.com3 'A' POWR Rated China Stocks With Tons of Buying InterestJuly 14, 2023 | msn.comChina Automotive Systems: Revving-Up To Move UpJune 22, 2023 | entrepreneur.comAlibaba Group Holding Ltd. ADR (BABA) vs. China Automotive Systems (CAAS): Which Stock Is Catching Investors’ Attention?May 17, 2023 | insidermonkey.comChina Automotive Systems, Inc. (NASDAQ:CAAS) Q1 2023 Earnings Call TranscriptMay 12, 2023 | finanznachrichten.deChina Automotive Systems, Inc.: China Automotive Systems' Unaudited Diluted Income Per Share Climbs to $0.23 in the First Quarter of 2023May 12, 2023 | msn.comChina Automotive Systems GAAP EPS of $0.23, revenue of $142.2M; reaffirms FY23 outlookMay 12, 2023 | msn.comChina Automotive Systems Q1 EPS Exceed Expectations On Higher Margins, Strict Cost ControlMay 12, 2023 | markets.businessinsider.comChina Automotive Systems Turns To Profit In Q1, Sales Rise; Backs FY23 ViewMay 12, 2023 | finance.yahoo.comChina Automotive Systems' Unaudited Diluted Income Per Share Climbs to $0.23 in the First Quarter of 2023May 5, 2023 | finance.yahoo.comChina Automotive Systems to Announce Unaudited 2023 First Quarter Financial Results on May 12, 2023April 11, 2023 | seekingalpha.comChina Automotive Systems: Invest In This Chinese Stock For Long-Term GainsApril 5, 2023 | finance.yahoo.comOwning 55% in China Automotive Systems, Inc. (NASDAQ:CAAS) means that insiders are heavily invested in the company's futureApril 2, 2023 | seekingalpha.comChina Automotive Systems, Inc. (CAAS) Q4 2022 Earnings Call TranscriptApril 1, 2023 | finance.yahoo.comChina Automotive Systems, Inc. (NASDAQ:CAAS) Q4 2022 Earnings Call TranscriptMarch 31, 2023 | benzinga.comWill China Automotive Systems, Inc. (CAAS) Beat the Rest of the Stocks in the Consumer Cyclical Sector?March 31, 2023 | msn.comChina Automotive Systems's Return On Capital Employed OverviewSee More Headlines Receive CAAS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for China Automotive Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address CAAS Company Calendar Last Earnings8/11/2023Today9/30/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Motor vehicle parts & accessories Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:CAAS CUSIPN/A CIK1157762 Webwww.caasauto.com Phone862787570027Fax86-71-6832-9298Employees4,093Year Founded2003Profitability EPS (Most Recent Fiscal Year)$0.96 Trailing P/E Ratio4.05 Forward P/E RatioN/A P/E GrowthN/ANet Income$21.18 million Net Margins5.32% Pretax Margin5.37% Return on Equity8.82% Return on Assets4.15% Debt Debt-to-Equity RatioN/A Current Ratio1.46 Quick Ratio1.16 Sales & Book Value Annual Sales$529.55 million Price / Sales0.22 Cash Flow$1.63 per share Price / Cash Flow2.38 Book Value$10.66 per share Price / Book0.36Miscellaneous Outstanding Shares30,190,000Free Float10,520,000Market Cap$117.44 million OptionableOptionable Beta2.44 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Hanlin Chen (Age 66)Chairman & Exec. Officer Comp: $401kMr. Qizhou Wu (Age 59)Pres, CEO & Director Comp: $267kMr. Jie Li (Age 53)Chief Financial Officer Comp: $160kKevin TheissMang. of Investor RelationsMr. Yiu Wong Tse (Age 52)Sr. VP Mr. Richard GillsPres of California DivisionMs. Na WeiSec.Mr. Henry Chen (Age 32)VP More ExecutivesKey CompetitorsStrattec SecurityNASDAQ:STRTSuperior Industries InternationalNYSE:SUPMotorcar Parts of AmericaNASDAQ:MPAACeptonNASDAQ:CPTNAeva TechnologiesNYSE:AEVAView All CompetitorsInstitutional OwnershipCitadel Advisors LLCBought 1,600 shares on 8/15/2023Ownership: 0.000%Zacks Investment ManagementBought 10,000 shares on 8/15/2023Ownership: 0.033%WINTON GROUP LtdBought 24,369 shares on 8/14/2023Ownership: 0.081%Renaissance Technologies LLCSold 23,345 shares on 8/11/2023Ownership: 1.498%Geode Capital Management LLCBought 2,066 shares on 8/11/2023Ownership: 0.071%View All Institutional Transactions CAAS Stock - Frequently Asked Questions Should I buy or sell China Automotive Systems stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for China Automotive Systems in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CAAS shares. View CAAS analyst ratings or view top-rated stocks. How have CAAS shares performed in 2023? China Automotive Systems' stock was trading at $5.80 at the beginning of 2023. Since then, CAAS shares have decreased by 32.9% and is now trading at $3.89. View the best growth stocks for 2023 here. Are investors shorting China Automotive Systems? China Automotive Systems saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 45,800 shares, a drop of 35.3% from the August 31st total of 70,800 shares. Based on an average daily volume of 45,300 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the company's stock are short sold. View China Automotive Systems' Short Interest. When is China Automotive Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023. View our CAAS earnings forecast. How were China Automotive Systems' earnings last quarter? China Automotive Systems, Inc. (NASDAQ:CAAS) issued its earnings results on Friday, August, 11th. The auto parts company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.24. The auto parts company had revenue of $137.41 million for the quarter. China Automotive Systems had a net margin of 5.32% and a trailing twelve-month return on equity of 8.82%. During the same period in the prior year, the company posted $0.31 EPS. What guidance has China Automotive Systems issued on next quarter's earnings? China Automotive Systems issued an update on its FY 2023 earnings guidance on Friday, August, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $560.00 million-$560.00 million, compared to the consensus revenue estimate of $566.71 million. What is Hanlin Chen's approval rating as China Automotive Systems' CEO? 1 employees have rated China Automotive Systems Chief Executive Officer Hanlin Chen on Glassdoor.com. Hanlin Chen has an approval rating of 100% among the company's employees. This puts Hanlin Chen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of China Automotive Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other China Automotive Systems investors own include Intelsat (I), Fossil Group (FOSL), Ciena (CIEN), Energy Transfer (ET), Pfizer (PFE), AMC Entertainment (AMC), Bank of America (BAC), Cypress Semiconductor (CY), Advanced Micro Devices (AMD) and Apollo Global Management (APO). What is China Automotive Systems' stock symbol? China Automotive Systems trades on the NASDAQ under the ticker symbol "CAAS." How do I buy shares of China Automotive Systems? Shares of CAAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is China Automotive Systems' stock price today? One share of CAAS stock can currently be purchased for approximately $3.89. How much money does China Automotive Systems make? China Automotive Systems (NASDAQ:CAAS) has a market capitalization of $117.44 million and generates $529.55 million in revenue each year. The auto parts company earns $21.18 million in net income (profit) each year or $0.96 on an earnings per share basis. How many employees does China Automotive Systems have? The company employs 4,093 workers across the globe. How can I contact China Automotive Systems? China Automotive Systems' mailing address is No. 1 Henglong Road Yu Qiao Development Zone, JingZhou F4, 434000. The official website for the company is www.caasauto.com. The auto parts company can be reached via phone at 862787570027, via email at caas@compassbell.com, or via fax at 86-71-6832-9298. This page (NASDAQ:CAAS) was last updated on 9/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding China Automotive Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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