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
Industry Motor vehicle parts & accessories
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Phone86-71-6412-7912
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$499.06 million
Profitability
Miscellaneous
Employees5,319
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 announced that its Board of Directors has approved a share repurchase program on Friday, December 7th 2018, which authorizes the company to repurchase $5,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.
How were China Automotive Systems' earnings last quarter?
China Automotive Systems, Inc. (NASDAQ:CAAS) released its earnings results on Friday, November, 9th. The auto parts company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.02. The auto parts company earned $112.08 million during the quarter, compared to analysts' expectations of $118.29 million. China Automotive Systems had a negative net margin of 6.49% and a positive return on equity of 1.97%. View China Automotive Systems' Earnings History.
When is China Automotive Systems' next earnings date?
What guidance has China Automotive Systems issued on next quarter's earnings?
China Automotive Systems updated its FY 2018 earnings guidance on Friday, November, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $510-520 million, compared to the consensus revenue estimate of $518.86 million.
Has China Automotive Systems been receiving favorable news coverage?
Media headlines about CAAS stock have been trending somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. 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 news impact score of 2.0 on InfoTrie's scale. They also assigned media coverage about the auto parts company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next several days.
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), QF Liquidation (QTWWQ), ATC Venture Group (ATCV), China Zenix Auto International (ZX) 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, Pres, 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)
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 $2.92.
How big of a company is China Automotive Systems?
China Automotive Systems has a market capitalization of $92.40 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.
What is China Automotive Systems' official website?
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.
