S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:CAAS

China Automotive Systems Stock Forecast, Price & News

$2.76
-0.13 (-4.50%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$2.66
$2.95
50-Day Range
$2.76
$4.21
52-Week Range
$2.66
$8.75
Volume
95,072 shs
Average Volume
113,288 shs
Market Capitalization
$85.15 million
P/E Ratio
30.67
Dividend Yield
N/A
Beta
2.96
30 days | 90 days | 365 days | Advanced Chart
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China Automotive Systems logo

About China Automotive Systems

China 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.

Headlines

Here's what Wall Street expects from China Automotive Systems's earnings
November 11, 2021 |  markets.businessinsider.com
See More Headlines

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:CAAS
Employees
4,688
Year Founded
2003

Sales & Book Value

Annual Sales
$417.64 million
Cash Flow
$0.64 per share
Book Value
$10.57 per share

Profitability

Net Income
$-4.98 million
Pretax Margin
0.60%

Debt

Price-To-Earnings

Miscellaneous

Free Float
11,168,000
Market Cap
$85.15 million
Optionable
Optionable

Company Calendar

Last Earnings
11/12/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/29/2022

Social Links


MarketRank

Overall MarketRank

2.44 out of 5 stars

Auto/Tires/Trucks Sector

29th out of 131 stocks

Motor Vehicle Parts & Accessories Industry

16th out of 49 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -












China Automotive Systems (NASDAQ:CAAS) Frequently Asked Questions

Is China Automotive Systems a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for China Automotive Systems in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" China Automotive Systems stock.
View analyst ratings for China Automotive Systems
or view top-rated stocks.

How has China Automotive Systems' stock price been impacted by COVID-19 (Coronavirus)?

China Automotive Systems' stock was trading at $1.7038 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CAAS stock has increased by 62.0% and is now trading at $2.76.
View which stocks have been most impacted by COVID-19
.

Are investors shorting China Automotive Systems?

China Automotive Systems saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 192,400 shares, an increase of 45.9% from the October 31st total of 131,900 shares. Based on an average trading volume of 64,800 shares, the days-to-cover ratio is currently 3.0 days. Approximately 1.7% of the shares of the company are sold short.
View China Automotive Systems' Short Interest
.

When is China Automotive Systems' next earnings date?

China Automotive Systems is scheduled to release its next quarterly earnings announcement on Tuesday, March 29th 2022.
View our earnings forecast for China Automotive Systems
.

How were China Automotive Systems' earnings last quarter?

China Automotive Systems, Inc. (NASDAQ:CAAS) issued its quarterly earnings data on Friday, November, 12th. The auto parts company reported ($0.01) EPS for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.06. China Automotive Systems had a net margin of 0.57% and a trailing twelve-month return on equity of 1.99%. During the same quarter in the prior year, the business earned $0.08 EPS.
View China Automotive Systems' earnings history
.

How will China Automotive Systems' stock buyback program work?

China Automotive Systems announced that its board has authorized a stock buyback plan on Tuesday, August 25th 2020, which allows the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 5.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its stock is undervalued.

What guidance has China Automotive Systems issued on next quarter's earnings?

China Automotive Systems issued an update on its FY 2021 earnings guidance on Friday, December, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $495 million-$495 million, compared to the consensus revenue estimate of $491.50 million.

What price target have analysts set for CAAS?

1 equities research analysts have issued 12 month target prices for China Automotive Systems' shares. Their forecasts range from $7.00 to $7.00. On average, they expect China Automotive Systems' stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 153.6% from the stock's current price.
View analysts' price targets for China Automotive Systems
or view top-rated stocks among Wall Street analysts.

Who are China Automotive Systems' key executives?

China Automotive Systems' management team includes the following people:
  • Qi Zhou Wu, Chief Executive Officer & Director
  • Jie Li, Chief Financial Officer
  • Yie Wong Tse, Senior Vice President
  • Yi Jun Xia, Vice President
  • Hai Mian Cai, Vice President

What is Hanlin Chen's approval rating as China Automotive Systems' CEO?

1 employees have rated China Automotive Systems CEO Hanlin Chen on Glassdoor.com. Hanlin Chen has an approval rating of 100% among China Automotive Systems' 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 number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.55%), Millennium Management LLC (0.17%), Marshall Wace LLP (0.11%), Hanson & Doremus Investment Management (0.08%), Invesco Ltd. (0.07%) and MARSHALL WACE ASIA Ltd (0.04%).
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 Marshall Wace LLP, Renaissance Technologies LLC, Millennium Management LLC, and Hanson & Doremus Investment Management.
View insider buying and selling activity for China Automotive Systems
or view top insider-selling stocks.

Which institutional investors are buying China Automotive Systems stock?

CAAS stock was purchased by a variety of institutional investors in the last quarter, including MARSHALL WACE ASIA Ltd, Zacks Investment Management, and Invesco Ltd..
View insider buying and selling activity for China Automotive Systems
or or view top insider-buying stocks.

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 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 $2.76.

How much money does China Automotive Systems make?

China Automotive Systems has a market capitalization of $85.15 million and generates $417.64 million in revenue each year. The auto parts company earns $-4.98 million in net income (profit) each year or $0.09 on an earnings per share basis.

How many employees does China Automotive Systems have?

China Automotive Systems employs 4,688 workers across the globe.

When was China Automotive Systems founded?

China Automotive Systems was founded in 2003.

What is China Automotive Systems' official website?

The official website for China Automotive Systems is www.caasauto.com.

Where are China Automotive Systems' headquarters?

China Automotive Systems is headquartered at No. 1 Henglong Road Yu Qiao Development Zone, JingZhou F4, 434000.

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 862787570027, via email at [email protected], or via fax at 86-71-6832-9298.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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