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 Jing Zhou, the People's Republic of China.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Motor vehicle parts & accessories
Sub-IndustryN/A
SectorAuto/Tires/Trucks
SymbolNASDAQ:CAAS
CUSIPN/A
Phone86-71-6412-7912
Debt
Debt-to-Equity RatioN/A
Current Ratio1.47
Quick Ratio1.20
Price-To-Earnings
Trailing P/E Ratio5.86
Forward P/E Ratio5.43
P/E GrowthN/A
Sales & Book Value
Annual Sales$499.06 million
Price / Sales0.24
Cash Flow$1.0997 per share
Price / Cash3.41
Book Value$9.67 per share
Price / Book0.39
Profitability
EPS (Most Recent Fiscal Year)$0.64
Net Income$-19,340,000.00
Net Margins-5.52%
Return on Equity3.39%
Return on Assets1.53%
Miscellaneous
Employees5,319
Outstanding Shares31,640,000
Market Cap$121.51 million
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 were China Automotive Systems' earnings last quarter?
China Automotive Systems, Inc. (NASDAQ:CAAS) announced its quarterly earnings results on Thursday, August, 9th. The auto parts company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.14. The auto parts company had revenue of $125.78 million for the quarter, compared to the consensus estimate of $125.36 million. China Automotive Systems had a negative net margin of 5.52% and a positive return on equity of 3.39%. View China Automotive Systems' Earnings History.
When is China Automotive Systems' next earnings date?
Who are some of China Automotive Systems' key competitors?
Some companies that are related to China Automotive Systems include Motorcar Parts of America (MPAA), Commercial Vehicle Group (CVGI), Horizon Global (HZN), Strattec Security (STRT), Sorl Auto Parts (SORL), China Zenix Auto International (ZX), Adomani (ADOM), Regency Affiliates (RAFI), Curaegis Technologies (CRGS), OmniTek Engineering (OMTK), Puradyn Filter Technologies Incorporated Common Stock (PFTI), QF Liquidation (QTWWQ), ATC Venture Group (ATCV) and Enerpulse Technologies (ENPT).
Who are China Automotive Systems' key executives?
China Automotive Systems' management team includes the folowing people:
- Mr. Hanlin Chen, Chairman (Age 61)
- Mr. Qizhou Wu, CEO & Director (Age 54)
- Mr. Jie Li, Chief Financial Officer (Age 48)
- Dr. Haimian Cai, VP (Age 54)
- Mr. Yiu Wong Tse, Sr. VP (Age 47)
Has China Automotive Systems been receiving favorable news coverage?
News headlines about CAAS stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Automotive Systems earned a media and rumor sentiment score of 0.20 on Accern's scale. They also gave media coverage about the auto parts company an impact score of 46.48 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for China Automotive Systems.
Who are China Automotive Systems' major shareholders?
China Automotive Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (1.05%), Hanson & Doremus Investment Management (0.32%) and Myriad Asset Management Ltd. (0.13%). View Institutional Ownership Trends for China Automotive Systems.
Which institutional investors are selling China Automotive Systems stock?
Which institutional investors are buying China Automotive Systems stock?
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 $3.75.
How big of a company is China Automotive Systems?
China Automotive Systems has a market capitalization of $121.51 million and generates $499.06 million in revenue each year. The auto parts company earns $-19,340,000.00 in net income (profit) each year or $0.64 on an earnings per share basis. China Automotive Systems employs 5,319 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 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)
MarketBeat'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.
