NASDAQ:CAAS China Automotive Systems (CAAS) Stock Forecast, Price & News $4.75 -0.11 (-2.26%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$4.58▼$4.8950-Day Range$4.34▼$5.5152-Week Range$2.61▼$9.70Volume53,846 shsAverage Volume90,299 shsMarket Capitalization$143.40 millionP/E Ratio5.16Dividend YieldN/APrice TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media About China Automotive Systems (NASDAQ:CAAS) StockChina Automotive Systems, Inc. is a holding company, which engages in the manufacture and sale of automotive products, through its subsidiaries. It operates through the following geographical segments: Henglong, Jiulong, Shenyang, Wuhu, Hubei Henglong, Henglong KYB, and Other Entities. It also supplies power steering systems and component. The company was founded on June 29, 1999 and is headquartered in Wuhan, China.Read More 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 HeadlinesMay 18, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Now Covered by StockNews.comMay 17, 2023 | insidermonkey.comChina Automotive Systems, Inc. (NASDAQ:CAAS) Q1 2023 Earnings Call TranscriptJune 8, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 14, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Issues Earnings ResultsMay 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 ViewJune 8, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 12, 2023 | finance.yahoo.comChina Automotive Systems' Unaudited Diluted Income Per Share Climbs to $0.23 in the First Quarter of 2023May 11, 2023 | americanbankingnews.comChina Automotive Systems (CAAS) to Release Quarterly Earnings on FridayMay 5, 2023 | finance.yahoo.comChina Automotive Systems to Announce Unaudited 2023 First Quarter Financial Results on May 12, 2023April 14, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Upgraded by StockNews.com to Strong-BuyApril 12, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) and AEye (NASDAQ:LIDR) Financial ReviewApril 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 4, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Rating Increased to Buy at Greenridge GlobalApril 4, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Lifted to Buy at Greenridge GlobalApril 4, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Raised to Buy at Greenridge GlobalApril 4, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Upgraded by Greenridge Global to BuyApril 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 TranscriptApril 1, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Releases Quarterly Earnings ResultsMarch 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 OverviewMarch 30, 2023 | markets.businessinsider.comChina Automotive Systems Q4 Profit Down, Beats Estimates; Sees Higher Revenues In FY23 - UpdateMarch 30, 2023 | finance.yahoo.comChina Automotive Systems Reports a 91.7% Increase in Diluted Net Income Per Share in Fiscal Year 2022See More Headlines CAAS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CAAS Company Calendar Last Earnings5/12/2023Today6/07/2023Next Earnings (Estimated)8/11/2023Fiscal 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)$0.92 Trailing P/E Ratio5.16 Forward P/E RatioN/A P/E GrowthN/ANet Income$21.18 million Net Margins5.23% Pretax Margin5.23% Return on Equity8.54% Return on Assets3.99% Debt Debt-to-Equity RatioN/A Current Ratio1.45 Quick Ratio1.16 Sales & Book Value Annual Sales$529.55 million Price / Sales0.27 Cash Flow$1.49 per share Price / Cash Flow3.19 Book Value$10.66 per share Price / Book0.45Miscellaneous Outstanding Shares30,190,000Free Float10,927,000Market Cap$143.40 million OptionableOptionable Beta2.41 Social Links Key ExecutivesQi Zhou WuChief Executive Officer & DirectorJie LiChief Financial OfficerYie Wong TseSenior Vice PresidentYi Jun XiaVice PresidentHai Mian CaiVice PresidentKey CompetitorsMotorcar Parts of AmericaNASDAQ:MPAASuperior Industries InternationalNYSE:SUPCooper-StandardNYSE:CPSStrattec SecurityNASDAQ:STRTXOSNASDAQ:XOSView All CompetitorsInstitutional OwnershipSusquehanna International Group LLPBought 19,500 shares on 5/16/2023Ownership: 0.000%Jane Street Group LLCSold 4,863 shares on 5/16/2023Ownership: 0.059%Two Sigma Investments LPBought 68,587 shares on 5/15/2023Ownership: 0.227%Two Sigma Advisers LPBought 29,900 shares on 5/15/2023Ownership: 0.099%XTX Topco LtdBought 12,108 shares on 5/15/2023Ownership: 0.040%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 on January 1st, 2023. Since then, CAAS shares have decreased by 18.1% and is now trading at $4.75. View the best growth stocks for 2023 here. Are investors shorting China Automotive Systems? China Automotive Systems saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 139,700 shares, an increase of 34.8% from the April 30th total of 103,600 shares. Based on an average daily trading volume, of 129,200 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.3% 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 Friday, August 11th 2023. View our CAAS earnings forecast. How were China Automotive Systems' earnings last quarter? China Automotive Systems, Inc. (NASDAQ:CAAS) announced its quarterly earnings data on Friday, May, 12th. The auto parts company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.11. The auto parts company earned $142.24 million during the quarter, compared to the consensus estimate of $142.67 million. China Automotive Systems had a net margin of 5.23% and a trailing twelve-month return on equity of 8.54%. What ETFs hold China Automotive Systems' stock? ETFs with the largest weight of China Automotive Systems (NASDAQ:CAAS) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Invesco Golden Dragon China ETF (PGJ), What guidance has China Automotive Systems issued on next quarter's earnings? China Automotive Systems updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) 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." Who are China Automotive Systems' major shareholders? China Automotive Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.58%), Two Sigma Investments LP (0.23%), O Shaughnessy Asset Management LLC (0.22%), Susquehanna International Group LLP (0.00%), Two Sigma Advisers LP (0.10%) and Jane Street Group LLC (0.06%). 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 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 $4.75. How much money does China Automotive Systems make? China Automotive Systems (NASDAQ:CAAS) has a market capitalization of $143.40 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 $0.92 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 6/8/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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