NASDAQ:CAAS - China Automotive Systems Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $2.57 +0.07 (+2.80 %) (As of 05/19/2019 04:00 PM ET)Previous Close$2.57Today's Range$2.45 - $2.5952-Week Range$2.00 - $5.00Volume30,796 shsAverage Volume11,236 shsMarket Capitalization$80.96 millionP/E Ratio32.13Dividend YieldN/ABeta1.56 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. The company 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 systems and parts. It is also involved in the marketing of automotive parts in North America and Brazil, as well as the provision of after sales, and research and development support services. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was founded in 2003 and is headquartered in Wuhan City, the People's Republic of China. Receive CAAS News and Ratings via Email Sign-up to receive the latest news and ratings for CAAS and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Motor vehicle parts & accessories Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:CAAS Previous Symbol CUSIPN/A CIK1157762 Webwww.caasauto.com Phone86-71-6412-7912Debt Debt-to-Equity RatioN/A Current Ratio1.46 Quick Ratio1.19Price-To-Earnings Trailing P/E Ratio32.13 Forward P/E Ratio15.12 P/E GrowthN/A Sales & Book Value Annual Sales$496.16 million Price / Sales0.16 Cash Flow$0.6061 per share Price / Cash Flow4.24 Book Value$9.91 per share Price / Book0.26Profitability EPS (Most Recent Fiscal Year)$0.08 Net Income$2.38 million Net Margins-0.11% Return on Equity-0.17% Return on Assets-0.07%Miscellaneous Employees4,711 Outstanding Shares31,500,000Market Cap$80.96 million Next Earnings Date8/8/2019 (Estimated) OptionableOptionable China Automotive Systems (NASDAQ:CAAS) Frequently Asked Questions What is China Automotive Systems' stock symbol? China Automotive Systems trades on the NASDAQ under the ticker symbol "CAAS." How will China Automotive Systems' stock buyback program work? China Automotive Systems declared that its Board of Directors has initiated a stock repurchase plan on Friday, December 7th 2018, which permits the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its stock is undervalued. How were China Automotive Systems' earnings last quarter? China Automotive Systems, Inc. (NASDAQ:CAAS) announced its quarterly earnings data on Thursday, May, 9th. The auto parts company reported $0.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.03. The auto parts company had revenue of $109.19 million for the quarter, compared to analysts' expectations of $126.56 million. China Automotive Systems had a negative net margin of 0.11% and a negative return on equity of 0.17%. During the same period last year, the firm earned $0.14 earnings per share. View China Automotive Systems' Earnings History. When is China Automotive Systems' next earnings date? China Automotive Systems is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for China Automotive Systems. What guidance has China Automotive Systems issued on next quarter's earnings? China Automotive Systems updated its FY 2019 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $510-510 million, compared to the consensus revenue estimate of $510.1 million. What is the consensus analysts' recommendation for China Automotive Systems? 1 Wall Street 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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for China Automotive Systems. Has China Automotive Systems been receiving favorable news coverage? Media coverage about CAAS stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. China Automotive Systems earned a coverage optimism score of 1.9 on InfoTrie's scale. They also gave news articles about the auto parts company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. Who are some of China Automotive Systems' key competitors? Some companies that are related to China Automotive Systems include Commercial Vehicle Group (CVGI), Superior Industries International (SUP), Strattec Security (STRT), Horizon Global (HZN), Sorl Auto Parts (SORL), Regency Affiliates (RAFI), Adomani (ADOM), Curaegis Technologies (CRGS), Puradyn Filter Technologies (PFTI), OmniTek Engineering (OMTK), ATC Venture Group (ATCV), China Zenix Auto International (ZX), China Zenix Auto International (ZXAIY), Continental (CTTAY) and Dongfeng Motor Group (DNFGY). 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), Cypress Semiconductor (CY), Fossil Group (FOSL), Bank of America (BAC), SunCoke Energy Partners (SXCP), Associated British Foods (ABF), Chaarat Gold (CGH), tronc (TRNC), AMC Entertainment (AMC) and Energy Transfer LP Unit (ET). Who are China Automotive Systems' key executives? China Automotive Systems' management team includes the folowing people: Mr. Hanlin Chen, Chairman (Age 62)Mr. Qizhou Wu, Pres, CEO & Director (Age 55)Mr. Jie Li, Chief Financial Officer (Age 49)Dr. Haimian Cai, VP (Age 55)Kevin Theiss, Mang. of Investor Relations Who are China Automotive Systems' major shareholders? China Automotive Systems' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (1.03%), BlackRock Inc. (0.05%) and Spark Investment Management LLC (0.05%). View Institutional Ownership Trends for China Automotive Systems. Which institutional investors are selling China Automotive Systems stock? CAAS stock was sold by a variety of institutional investors in the last quarter, including Spark Investment Management LLC. View Insider Buying and Selling for China Automotive Systems. Which institutional investors are buying China Automotive Systems stock? CAAS stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and BlackRock Inc.. View Insider Buying and Selling for China Automotive Systems. How do I buy shares of China Automotive Systems? Shares of CAAS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is China Automotive Systems' stock price today? One share of CAAS stock can currently be purchased for approximately $2.57. How big of a company is China Automotive Systems? China Automotive Systems has a market capitalization of $80.96 million and generates $496.16 million in revenue each year. The auto parts company earns $2.38 million in net income (profit) each year or $0.08 on an earnings per share basis. China Automotive Systems employs 4,711 workers across the globe. What is China Automotive Systems' official website? The official website for China Automotive Systems is http://www.caasauto.com. 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 auto parts company can be reached via phone at 86-71-6412-7912 or via email at [email protected] MarketBeat Community Rating for China Automotive Systems (NASDAQ CAAS)Community Ranking: 2.7 out of 5 ( )Outperform Votes: 195 (Vote Outperform)Underperform Votes: 168 (Vote Underperform)Total Votes: 363MarketBeat's community ratings are surveys of what our community members think about China Automotive Systems and other stocks. Vote "Outperform" if you believe CAAS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAAS will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 5/19/2019 by MarketBeat.com StaffFeatured Article: S&P 500 Index Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.