China Automotive Systems, Inc., (China Automotive) is a holding company. The Company, through its subsidiary, Great Genesis Holdings Limited (Genesis), owns interests in over eight Sino-joint ventures and over five subsidiaries in the People's Republic of China (PRC), which manufacture power steering systems and/or related products for various segments of the automobile industry. Genesis also owns interests in a Brazil-based trading company, which engages mainly in the import and sales of automotive parts in Brazil. Henglong USA Corporation (HLUSA), which is a subsidiary of the Company, engages in marketing of automotive parts in North America, and provides after sales service and research and development support. The Company's geographical segments include the United States, China and other foreign countries. One of its subsidiaries, Shenyang Jinbei Henglong Automotive Steering System Co., Ltd., focuses on power steering parts for light duty vehicles.
Industry, Sector and Symbol:
- Sector: Auto/Tires/Trucks
- Industry: Automotive Systems
- Sub-Industry: N/A
- Symbol: NASDAQ:CAAS
- CUSIP: N/A
- Web: www.caasauto.com
Capitalization:- Market Cap: $167.71 million
- Outstanding Shares: 31,644,000
Average Prices:- 50 Day Moving Avg: $5.22
- 200 Day Moving Avg: $4.97
- 52 Week Range: $3.72 - $7.96
P/E:- Trailing P/E Ratio: 6.46
- Foreward P/E Ratio: 5.76
- P/E Growth: 0.64
Sales & Book Value:- Annual Revenue: $481.15 million
- Price / Sales: 0.35
- Book Value: $10.17 per share
- Price / Book: 0.52
Profitability:- EBIDTA: $41.16 million
- Net Margins: 5.43%
- Return on Equity: 8.30%
- Return on Assets: 4.05%
Debt:- Current Ratio: 1.49%
- Quick Ratio: 1.30%
Misc:- Average Volume: 39,639 shs.
- Beta: 2.2
- Short Ratio: 2.06
Frequently Asked Questions for China Automotive Systems (NASDAQ:CAAS)
What is China Automotive Systems' stock symbol?
China Automotive Systems trades on the NASDAQ under the ticker symbol "CAAS."
How were China Automotive Systems' earnings last quarter?
China Automotive Systems, Inc. (NASDAQ:CAAS) posted its quarterly earnings results on Thursday, August, 10th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.14. The company earned $117.66 million during the quarter, compared to the consensus estimate of $106.74 million. China Automotive Systems had a net margin of 5.43% and a return on equity of 8.30%. During the same period last year, the firm earned $0.14 EPS. View China Automotive Systems' Earnings History.
Where is China Automotive Systems' stock going? Where will China Automotive Systems' stock price be in 2017?
1 equities research analysts have issued 1-year price objectives for China Automotive Systems' shares. Their forecasts range from $7.50 to $7.50. On average, they anticipate China Automotive Systems' stock price to reach $7.50 in the next twelve months. View Analyst Ratings for China Automotive Systems.
Who are some of China Automotive Systems' key competitors?
Some companies that are related to China Automotive Systems include Chuy's Holdings (CHUY), RigNet (RNET), Novavax (NVAX), Seadrill Partners LLC (SDLP), NewLink Genetics Corporation (NLNK), Idera Pharmaceuticals (IDRA), Macatawa Bank Corporation (MCBC), Bel Fuse (BELFB), BioSpecifics Technologies Corp (BSTC), Internap Corp (INAP), AXT (AXTI), Perry Ellis International (PERY), Aquinox Pharmaceuticals (AQXP), Concert Pharmaceuticals (CNCE), Corbus Pharmaceuticals Holdings (CRBP), Merus N.V. (MRUS), West Marine (WMAR) and Titan Machinery (TITN).
Who are China Automotive Systems' key executives?
China Automotive Systems' management team includes the folowing people:
- Hanlin Chen, Chairman of the Board
- Qizhou Wu, Chief Executive Officer, Director
- Jie Li, Chief Financial Officer
- Yiu Wong Tse Sr., Senior Vice President
- Haimian Cai Ph.D., Vice President
- Yijun XIA, Vice President
- Robert Tung, Independent Director
- Arthur Lap Tat Wong, Independent Director
- Guangxun Xu, Independent Director
Who owns China Automotive Systems stock?
China Automotive Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include
CHEN HANLIN
(56.41%), Chartwell Investment Partners LLC (1.31%), Hanson & Doremus Investment Management (0.27%), Sensato Investors LLC (0.20%), Spark Investment Management LLC (0.15%) and Stuyvesant Capital Management (0.15%). View Institutional Ownership Trends for China Automotive Systems.
Who bought China Automotive Systems stock? Who is buying China Automotive Systems stock?
How do I buy China Automotive Systems stock?
Shares of China Automotive Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is China Automotive Systems' stock price today?
One share of China Automotive Systems stock can currently be purchased for approximately $5.30.
MarketBeat Community Rating for China Automotive Systems (NASDAQ CAAS)MarketBeat's community ratings are surveys of what our community members think about China Automotive Systems and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for China Automotive Systems (NASDAQ:CAAS) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $7.50 (41.51% upside) |
Analysts' Ratings History for China Automotive Systems (NASDAQ:CAAS)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/5/2017 | Greenridge Global | Upgrade | Hold -> Buy | $7.50 | Low |  |
(Data available from 9/20/2015 forward)
Earnings History for China Automotive Systems (NASDAQ:CAAS)Earnings History by Quarter for China Automotive Systems (NASDAQ CAAS)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/10/2017 | Q2 17 | $0.14 | $0.28 | $106.74 million | $117.66 million | View | N/A | |
| 5/11/2017 | Q1 17 | $0.19 | $0.18 | $118.36 million | $119.31 million | View | N/A | |
| 3/30/2017 | 12/31/2016 | $0.19 | $0.18 | $134.95 million | $149.60 million | View | N/A | |
| 11/10/2016 | Q316 | $0.12 | $0.18 | $93.34 million | $94.60 million | View | N/A | |
| 8/11/2016 | Q216 | $0.20 | $0.17 | $107.58 million | $101.00 million | View | Listen | |
| 5/12/2016 | Q116 | $0.22 | $0.18 | $121.76 million | $116.90 million | View | Listen | |
| 3/30/2016 | Q415 | $0.20 | $0.22 | $108.22 million | $120.10 million | View | Listen | |
| 11/12/2015 | Q315 | $0.23 | $0.13 | $114.38 million | $90.80 million | View | Listen | |
| 8/13/2015 | Q215 | $0.21 | $0.24 | $130.07 million | $109.20 million | View | Listen | |
| 5/14/2015 | Q115 | $0.23 | $0.26 | $126.44 million | $123.40 million | View | Listen | |
| 3/26/2015 | Q414 | $0.27 | $0.28 | $132.03 million | $135.30 million | View | N/A | |
| 11/12/2014 | Q314 | $0.21 | $0.24 | $115.04 million | $101.70 million | View | N/A | |
| 8/13/2014 | Q214 | $0.22 | $0.39 | $119.62 million | $115.50 million | View | N/A | |
| 5/14/2014 | Q114 | $0.21 | $0.24 | $114.65 million | $114.30 million | View | N/A | |
| 3/31/2014 | Q413 | $0.22 | $0.26 | $116.09 million | $129.20 million | View | N/A | |
| 11/13/2013 | Q3 | $0.16 | $0.31 | $94.00 million | $90.90 million | View | Listen | |
| 8/14/2013 | Q2 2013 | $0.18 | $0.29 | $102.70 million | $97.90 million | View | N/A | |
| 11/8/2012 | Q312 | | $0.12 | $70.90 million | $73.20 million | View | N/A | |
| 8/9/2012 | | $0.12 | $0.21 | | | View | N/A | |
| 5/9/2012 | | $0.16 | $0.12 | | | View | N/A | |
| 3/9/2012 | | $0.16 | $0.19 | | | View | N/A | |
| 11/8/2011 | | $0.15 | $0.10 | | | View | N/A | |
| 7/22/2011 | | $0.27 | $0.22 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for China Automotive Systems (NASDAQ:CAAS)Current Year EPS Consensus Estimate: $0.86 EPS
Next Year EPS Consensus Estimate: $0.92 EPS
Dividend History by Quarter for China Automotive Systems (NASDAQ CAAS)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/27/2014 | special | $0.18 | | 6/24/2014 | 6/26/2014 | 7/28/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for China Automotive Systems (NASDAQ:CAAS)Insider Ownership Percentage: 62.20%
Institutional Ownership Percentage: 4.96%
Insider Trades by Quarter for China Automotive Systems (NASDAQ:CAAS)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/2/2014 | Wu Qizhou | CEO | Sell | 93,527 | $9.52 | $890,377.04 | |
| 8/26/2014 | Wu Qizhou | CEO | Sell | 26,473 | $9.48 | $250,964.04 | |
| 8/18/2014 | Daming Hu | Insider | Sell | 26,400 | $9.16 | $241,824.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for China Automotive Systems (NASDAQ:CAAS)
Latest Headlines for China Automotive Systems (NASDAQ:CAAS)
| Source: |
|
| Date | Headline |
|---|
 | Corporate News Blog - Delphi Automotive’s Powertrain Systems Spin-Off Subsidiary, Delphi Jersey, Announces $750 Million Private Offering of Senior Notes
finance.yahoo.com - September 11 at 5:29 PM |
| China Automotive Systems (CAAS): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - September 7 at 4:32 PM |
| Top Ranked Momentum Stocks to Buy for September 7th
finance.yahoo.com - September 7 at 4:32 PM |
| 3 Stocks With Great Value & Momentum for Investors Right Now
finance.yahoo.com - September 6 at 4:51 PM |
 | 3 Reasons Why China Automotive Systems (CAAS) is a Great Momentum Stock
www.zacks.com - September 5 at 8:04 AM |
 | China Automotive Systems (CAAS) Announces Receipt of Revised Proposal from Chen, Affiliates
www.streetinsider.com - September 1 at 2:54 AM |
| China Automotive Systems, Inc. Announces Receipt of Revised Proposal
finance.yahoo.com - August 31 at 4:47 PM |
| China Automotive Systems, Inc. Announces Receipt of Revised Proposal
finance.yahoo.com - August 31 at 4:47 PM |
| Surging Earnings Estimates Signal Good News for China Automotive (CAAS)
finance.yahoo.com - August 28 at 4:47 PM |
| Top Ranked Value Stocks to Buy for August 24th
www.zacks.com - August 24 at 4:59 PM |
 | SORL Auto Parts (SORL) versus China Automotive Systems (CAAS) Head-To-Head Analysis
www.americanbankingnews.com - August 22 at 6:28 PM |
| China Automotive Systems (CAAS) & Tower International (TOWR) Head-To-Head Contrast
www.americanbankingnews.com - August 18 at 12:30 PM |
| China Automotive Systems, Inc. (CAAS) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - August 15 at 7:24 PM |
| SORL Auto Parts (SORL) & China Automotive Systems (NASDAQ:CAAS) Head to Head Contrast
www.americanbankingnews.com - August 15 at 12:28 AM |
| Critical Contrast: China Automotive Systems (NASDAQ:CAAS) versus Tower International (TOWR)
www.americanbankingnews.com - August 12 at 6:18 PM |
 | China Automotive Systems Inc Announces 61% Advance In Q2 Earnings
www.rttnews.com - August 11 at 5:18 PM |
| China Automotive Systems, Inc. (NASDAQ:CAAS) Posts Quarterly Earnings Results, Beats Expectations By $0.14 EPS
www.americanbankingnews.com - August 11 at 12:24 PM |
| Edited Transcript of CAAS earnings conference call or presentation 10-Aug-17 1:00pm GMT
finance.yahoo.com - August 10 at 11:03 PM |
| China Automotive Systems Reports 2017 Second Quarter Unaudited Financial Results
finance.yahoo.com - August 10 at 6:03 PM |
| Investor Network Invites You to the China Automotive Systems Second Quarter 2017 Earnings Conference Call on Thursday, August 10, 2017
finance.yahoo.com - August 9 at 5:03 PM |
| Head-To-Head Survey: SORL Auto Parts (SORL) vs. China Automotive Systems (CAAS)
www.americanbankingnews.com - August 9 at 7:24 AM |
| China Automotive Systems (NASDAQ:CAAS) and SORL Auto Parts (SORL) Critical Review
www.americanbankingnews.com - August 5 at 7:06 AM |
| China Automotive Systems to Announce 2017 Second Quarter Financial Results on August 10, 2017
finance.yahoo.com - August 3 at 6:22 PM |
| China Automotive Systems (CAAS) and SORL Auto Parts (SORL) Critical Comparison
www.americanbankingnews.com - August 3 at 7:58 AM |
| China Automotive Systems Special Committee Engages Financial Advisor and Legal Counsel
finance.yahoo.com - August 2 at 5:39 PM |
| Critical Review: SORL Auto Parts (SORL) & China Automotive Systems (NASDAQ:CAAS)
www.americanbankingnews.com - July 29 at 6:13 PM |
| Tower International (TOWR) & China Automotive Systems (CAAS) Head to Head Analysis
www.americanbankingnews.com - July 22 at 8:29 AM |
| ZF TRW Automotive Holdings Corp (TRW) vs. China Automotive Systems (CAAS) Critical Review
www.americanbankingnews.com - July 18 at 9:41 AM |
| Brokerages Anticipate China Automotive Systems, Inc. (CAAS) to Post $0.14 EPS
www.americanbankingnews.com - July 17 at 11:58 AM |
| China Automotive Systems, Inc. (CAAS) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - July 11 at 9:04 PM |
| China Automotive Systems, Inc. (CAAS) Receives Consensus Rating of "Strong Buy" from Analysts
www.americanbankingnews.com - June 30 at 10:08 AM |
| China Automotive Systems, Inc. :CAAS-US: Earnings Analysis: Q1, 2017 By the Numbers : June 22, 2017
finance.yahoo.com - June 22 at 4:18 PM |
| Brokerages Expect China Automotive Systems, Inc. (CAAS) to Announce $0.14 EPS
www.americanbankingnews.com - June 15 at 2:06 PM |
| Zacks: Brokerages Set $7.50 Price Target for China Automotive Systems, Inc. (CAAS)
www.americanbankingnews.com - May 30 at 6:18 PM |
| China Automotive Systems, Inc. (CAAS) Raised to Strong-Buy at ValuEngine
www.americanbankingnews.com - May 16 at 4:32 PM |
| Analysts Expect China Automotive Systems, Inc. (CAAS) to Announce $0.14 EPS
www.americanbankingnews.com - May 15 at 10:50 PM |
| China Automotive Systems, Inc. Announces Receipt of Preliminary Non-Binding "Going Private" Proposal
finance.yahoo.com - May 15 at 11:13 AM |
| China Automotive Systems, Inc. (CAAS) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 12 at 12:56 PM |
| EARNINGS SUMMARY: Details of China Automotive Systems Inc Q1 Earnings Report
www.rttnews.com - May 11 at 9:45 PM |
 | China Automotive Systems Q1 Profit Flat; Reiterates FY Revenue Guidance
www.nasdaq.com - May 11 at 9:45 PM |
| China Automotive Systems Reports 2017 First Quarter Results
finance.yahoo.com - May 11 at 4:44 PM |
| Investor Network Invites You to the China Automotive Systems First Quarter 2017 Earnings Conference Call on Thursday, May 11, 2017
finance.yahoo.com - May 10 at 4:19 PM |
| China Automotive Systems to Announce 2017 First Quarter Financial Results on May 11, 2017
finance.yahoo.com - May 8 at 10:18 AM |
| Brokerages Expect China Automotive Systems, Inc. (CAAS) to Post $0.19 Earnings Per Share
www.americanbankingnews.com - May 4 at 1:27 AM |
| China Automotive Systems (CAAS) Given News Impact Score of 0.24
www.americanbankingnews.com - May 4 at 1:01 AM |
| China Automotive Systems (CAAS) Receives Daily News Impact Rating of 0.17
www.americanbankingnews.com - April 29 at 2:03 PM |
| China Automotive Systems, Inc. (CAAS) Receives Average Recommendation of "Strong Buy" from Brokerages
www.americanbankingnews.com - April 28 at 8:12 AM |
| China Automotive Systems (CAAS) Receives News Sentiment Rating of -0.20
www.americanbankingnews.com - April 17 at 2:30 PM |
| Zacks: China Automotive Systems, Inc. (CAAS) Given Consensus Rating of "Strong Buy" by Analysts
www.americanbankingnews.com - April 13 at 11:26 AM |
| Zacks Investment Research Downgrades China Automotive Systems, Inc. (CAAS) to Sell
www.americanbankingnews.com - April 5 at 7:21 PM |
China Automotive Systems (CAAS) Chart for Wednesday, September, 20, 2017
