Positive News SentimentPositive NewsNASDAQ:CAAS China Automotive Systems (CAAS) Stock Price, News & Analysis $4.36 -0.02 (-0.46%) (As of 05:37 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About China Automotive Systems Stock (NASDAQ:CAAS) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get CAAS alerts:Sign Up Key Stats Today's Range$4.33▼$4.4450-Day Range$3.69▼$4.7952-Week Range$3.05▼$4.97Volume26,038 shsAverage Volume56,435 shsMarket Capitalization$131.63 millionP/E Ratio4.15Dividend YieldN/APrice TargetN/AConsensus RatingN/A Company OverviewChina Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China, the United States, 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 electronics and 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; and inspection and testing of automotive products, as well as markets automotive parts in North America. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. is headquartered in Jingzhou, the People's Republic of China.Read More… The 2024 TECH RESET (Ad)Are we on the edge of the biggest ‘TECH RESET’ in decades?Click here for the step-by-step details China Automotive Systems Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks38th Percentile Overall ScoreCAAS MarketRank™: China Automotive Systems scored higher than 38% of companies evaluated by MarketBeat, and ranked 69th out of 93 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for China Automotive Systems. Earnings and Valuation1.9 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of China Automotive Systems is 4.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.62.Price to Earnings Ratio vs. SectorThe P/E ratio of China Automotive Systems is 4.15, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 14.97.Price to Book Value per Share RatioChina Automotive Systems has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.10% of the float of China Automotive Systems has been sold short.Short Interest Ratio / Days to CoverChina Automotive Systems has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in China Automotive Systems has recently increased by 0.94%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldChina Automotive Systems does not currently pay a dividend.Dividend GrowthChina Automotive Systems does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.10% of the float of China Automotive Systems has been sold short.Short Interest Ratio / Days to CoverChina Automotive Systems has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in China Automotive Systems has recently increased by 0.94%, indicating that investor sentiment is decreasing. News and Social Media2.7 / 5News SentimentN/A News SentimentChina Automotive Systems has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Auto/Tires/Trucks companies.MarketBeat FollowsOnly 1 people have added China Automotive Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, China Automotive Systems insiders have not sold or bought any company stock.Percentage Held by Insiders64.73% of the stock of China Automotive Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 5.17% of the stock of China Automotive Systems is held by institutions.Read more about China Automotive Systems' insider trading history. 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 Stock News HeadlinesChina Automotive Systems rallies after announcing a new buyback programNovember 18, 2024 | msn.comChina Automotive Systems Announces Share Repurchase Program Up To $5 MillionNovember 18, 2024 | prnewswire.comCoins Set to Soar with a Pro-Crypto White HouseCoins Set to Soar with a Pro-Crypto White House President-Elect Donald Trump is reported to be holding over $3 Million worth of crypto – and he's not the only one at the top interested in digital assets…December 4, 2024 | Crypto 101 Media (Ad)China Automotive Systems, Inc. (NASDAQ:CAAS) Q3 2024 Earnings Call TranscriptNovember 16, 2024 | msn.comChina Automotive Systems Boosts FY24 Revenue Guidance - UpdateNovember 14, 2024 | markets.businessinsider.comChina Automotive Systems Sees Strong Sales Growth in Q3 2024November 14, 2024 | markets.businessinsider.comChina Automotive Systems, Inc. (CAAS) Q3 2024 Earnings Call TranscriptNovember 13, 2024 | seekingalpha.comChina Automotive Systems Reports Sales Increased by 19.4% in the Third Quarter of 2024November 13, 2024 | prnewswire.comSee More Headlines CAAS Stock Analysis - Frequently Asked Questions How have CAAS shares performed this year? China Automotive Systems' stock was trading at $3.23 at the beginning of the year. Since then, CAAS shares have increased by 35.0% and is now trading at $4.36. View the best growth stocks for 2024 here. How were China Automotive Systems' earnings last quarter? China Automotive Systems, Inc. (NASDAQ:CAAS) issued its quarterly earnings results on Tuesday, May, 14th. The auto parts company reported $0.27 earnings per share for the quarter. The auto parts company had revenue of $139.39 million for the quarter. China Automotive Systems had a net margin of 5.12% and a trailing twelve-month return on equity of 8.22%. How will China Automotive Systems' stock buyback program work? China Automotive Systems' Board of Directors approved a stock buyback plan on Monday, November 18th 2024, which authorizes the company to repurchase $5,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 3.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued. Who are China Automotive Systems' major shareholders? China Automotive Systems' top institutional shareholders include Empowered Funds LLC (0.45%) and Connor Clark & Lunn Investment Management Ltd. (0.29%). View institutional ownership trends. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of China Automotive Systems own? Based on aggregate information from My MarketBeat watchlists, some other companies that China Automotive Systems investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), Meta Platforms (META), Baidu (BIDU), NIO (NIO) and Palantir Technologies (PLTR). Company Calendar Last Earnings5/14/2024Today12/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorAuto/Tires/Trucks Industry Motor vehicle parts & accessories Sub-IndustryAutomobiles And Trucks Current SymbolNASDAQ:CAAS CUSIPN/A CIK1157762 Webwww.caasauto.com Phone862787570027Fax86-71-6832-9298Employees4,095Year Founded2003Profitability EPS (Most Recent Fiscal Year)$1.05 Trailing P/E Ratio4.13 Forward P/E RatioN/A P/E GrowthN/ANet Income$37.66 million Net Margins5.12% Pretax Margin8.10% Return on Equity8.22% Return on Assets4.04% Debt Debt-to-Equity RatioN/A Current Ratio1.36 Quick Ratio1.11 Sales & Book Value Annual Sales$576.35 million Price / Sales0.23 Cash Flow$1.84 per share Price / Cash Flow2.36 Book Value$12.19 per share Price / Book0.36Miscellaneous Outstanding Shares30,190,000Free Float10,647,000Market Cap$131.02 million OptionableOptionable Beta2.33 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. 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