About China Automotive Systems (NASDAQ:CAAS)
China Automotive Systems, Inc., (China Automotive) is a holding company. The Company, through its subsidiary, Great Genesis Holdings Limited (Genesis), owns interests in over eight Sino-joint ventures and over five subsidiaries in the People's Republic of China (PRC), which manufacture power steering systems and/or related products for various segments of the automobile industry. Genesis also owns interests in a Brazil-based trading company, which engages mainly in the import and sales of automotive parts in Brazil. Henglong USA Corporation (HLUSA), which is a subsidiary of the Company, engages in marketing of automotive parts in North America, and provides after sales service and research and development support. The Company's geographical segments include the United States, China and other foreign countries. One of its subsidiaries, Shenyang Jinbei Henglong Automotive Steering System Co., Ltd., focuses on power steering parts for light duty vehicles.
Industry, Sector and Symbol:
- Sector: Auto/Tires/Trucks
- Industry: Automotive Systems
- Sub-Industry: N/A
- Symbol: NASDAQ:CAAS
- CUSIP: N/A
- Web: www.caasauto.com
Capitalization:- Market Cap: $164.23 million
- Outstanding Shares: 31,644,000
Average Prices:- 50 Day Moving Avg: $5.37
- 200 Day Moving Avg: $5.00
- 52 Week Range: $3.72 - $7.96
P/E:- Trailing P/E Ratio: 6.26
- Foreward P/E Ratio: 5.58
- P/E Growth: 0.61
Sales & Book Value:- Annual Revenue: $481.15 million
- Price / Sales: 0.34
- Book Value: $10.17 per share
- Price / Book: 0.50
Profitability:- EBITDA: $41.16 million
- Net Margins: 5.43%
- Return on Equity: 8.30%
- Return on Assets: 4.05%
Debt:- Current Ratio: 1.49%
- Quick Ratio: 1.30%
Misc:- Average Volume: 47,019 shs.
- Beta: 2.19
- Short Ratio: 2.06
Frequently Asked Questions for China Automotive Systems (NASDAQ:CAAS)
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, 10th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.14. The business had revenue of $117.66 million for the quarter, compared to the consensus estimate of $106.74 million. China Automotive Systems had a return on equity of 8.30% and a net margin of 5.43%. During the same quarter last year, the business posted $0.14 EPS. View China Automotive Systems' Earnings History.
Where is China Automotive Systems' stock going? Where will China Automotive Systems' stock price be in 2017?
1 equities research analysts have issued 1 year price targets for China Automotive Systems' stock. Their predictions range from $7.50 to $7.50. On average, they expect China Automotive Systems' stock price to reach $7.50 in the next year. View Analyst Ratings for China Automotive Systems.
Who are some of China Automotive Systems' key competitors?
Some companies that are related to China Automotive Systems include Guaranty Bancshares (GNTY), West Marine (WMAR), Antares Pharma (ATRS), Farmers Capital Bank Corporation (FFKT), RigNet (RNET), Abraxas Petroleum Corporation (AXAS), Protagonist Therapeutics (PTGX), Roadrunner Transportation Systems (RRTS), Paragon Commercial Corporation (PBNC), SIGA Technologies (SIGA), Gladstone Investment Corporation (GAIN), Aquinox Pharmaceuticals (AQXP), Forterra (FRTA), Mitek Systems (MITK), Great Lakes Dredge & Dock Corporation (GLDD), Forward Pharma A/S (FWP), Citizens & Northern Corp (CZNC) and ServiceSource International (SREV).
Who are China Automotive Systems' key executives?
China Automotive Systems' management team includes the folowing people:
- Hanlin Chen, Chairman of the Board
- Qizhou Wu, Chief Executive Officer, Director
- Jie Li, Chief Financial Officer
- Yiu Wong Tse Sr., Senior Vice President
- Haimian Cai Ph.D., Vice President
- Yijun XIA, Vice President
- Robert Tung, Independent Director
- Arthur Lap Tat Wong, Independent Director
- Guangxun Xu, Independent Director
Who owns China Automotive Systems stock?
How do I buy China Automotive Systems stock?
Shares of China Automotive Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is China Automotive Systems' stock price today?
One share of China Automotive Systems stock can currently be purchased for approximately $5.13.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for China Automotive Systems (NASDAQ:CAAS) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $7.50 (46.20% upside) |
Consensus Price Target History for China Automotive Systems (NASDAQ:CAAS)
Analysts' Ratings History for China Automotive Systems (NASDAQ:CAAS)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/5/2017 | Greenridge Global | Upgrade | Hold -> Buy | $7.50 | Low |  |
(Data available from 10/18/2015 forward)
Earnings History for China Automotive Systems (NASDAQ:CAAS)Earnings History by Quarter for China Automotive Systems (NASDAQ CAAS)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/10/2017 | Q2 17 | $0.14 | $0.28 | $106.74 million | $117.66 million | View | N/A | |
| 5/11/2017 | Q1 17 | $0.19 | $0.18 | $118.36 million | $119.31 million | View | N/A | |
| 3/30/2017 | 12/31/2016 | $0.19 | $0.18 | $134.95 million | $149.60 million | View | N/A | |
| 11/10/2016 | Q316 | $0.12 | $0.18 | $93.34 million | $94.60 million | View | N/A | |
| 8/11/2016 | Q216 | $0.20 | $0.17 | $107.58 million | $101.00 million | View | Listen | |
| 5/12/2016 | Q116 | $0.22 | $0.18 | $121.76 million | $116.90 million | View | Listen | |
| 3/30/2016 | Q415 | $0.20 | $0.22 | $108.22 million | $120.10 million | View | Listen | |
| 11/12/2015 | Q315 | $0.23 | $0.13 | $114.38 million | $90.80 million | View | Listen | |
| 8/13/2015 | Q215 | $0.21 | $0.24 | $130.07 million | $109.20 million | View | Listen | |
| 5/14/2015 | Q115 | $0.23 | $0.26 | $126.44 million | $123.40 million | View | Listen | |
| 3/26/2015 | Q414 | $0.27 | $0.28 | $132.03 million | $135.30 million | View | N/A | |
| 11/12/2014 | Q314 | $0.21 | $0.24 | $115.04 million | $101.70 million | View | N/A | |
| 8/13/2014 | Q214 | $0.22 | $0.39 | $119.62 million | $115.50 million | View | N/A | |
| 5/14/2014 | Q114 | $0.21 | $0.24 | $114.65 million | $114.30 million | View | N/A | |
| 3/31/2014 | Q413 | $0.22 | $0.26 | $116.09 million | $129.20 million | View | N/A | |
| 11/13/2013 | Q3 | $0.16 | $0.31 | $94.00 million | $90.90 million | View | Listen | |
| 8/14/2013 | Q2 2013 | $0.18 | $0.29 | $102.70 million | $97.90 million | View | N/A | |
| 11/8/2012 | Q312 | | $0.12 | $70.90 million | $73.20 million | View | N/A | |
| 8/9/2012 | | $0.12 | $0.21 | | | View | N/A | |
| 5/9/2012 | | $0.16 | $0.12 | | | View | N/A | |
| 3/9/2012 | | $0.16 | $0.19 | | | View | N/A | |
| 11/8/2011 | | $0.15 | $0.10 | | | View | N/A | |
| 7/22/2011 | | $0.27 | $0.22 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for China Automotive Systems (NASDAQ:CAAS)Current Year EPS Consensus Estimate: $0.86 EPS
Next Year EPS Consensus Estimate: $0.92 EPS
Dividend History by Quarter for China Automotive Systems (NASDAQ CAAS)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/27/2014 | special | $0.18 | | 6/24/2014 | 6/26/2014 | 7/28/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for China Automotive Systems (NASDAQ:CAAS)Insider Ownership Percentage: 62.20%
Institutional Ownership Percentage: 4.96%
Insider Trades by Quarter for China Automotive Systems (NASDAQ:CAAS)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/2/2014 | Wu Qizhou | CEO | Sell | 93,527 | $9.52 | $890,377.04 | |
| 8/26/2014 | Wu Qizhou | CEO | Sell | 26,473 | $9.48 | $250,964.04 | |
| 8/18/2014 | Daming Hu | Insider | Sell | 26,400 | $9.16 | $241,824.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for China Automotive Systems (NASDAQ:CAAS)
Latest Headlines for China Automotive Systems (NASDAQ:CAAS)
| Source: |
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| Date | Headline |
|---|
 | China Automotive Systems, Inc. (CAAS) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - October 11 at 7:10 PM |
| China Automotive Systems, Inc. (CAAS) Rating Increased to Strong-Buy at ValuEngine
www.americanbankingnews.com - October 6 at 11:14 PM |
 | Should Value Investors Pick China Automotive (CAAS) Stock Now?
finance.yahoo.com - October 3 at 4:45 PM |
| Corporate News Blog - Delphi Automotive’s Powertrain Systems Spin-Off Subsidiary, Delphi Jersey, Announces $750 Million Private Offering of Senior Notes
finance.yahoo.com - September 11 at 5:29 PM |
| China Automotive Systems (CAAS): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - September 7 at 4:32 PM |
| Top Ranked Momentum Stocks to Buy for September 7th
finance.yahoo.com - September 7 at 4:32 PM |
| 3 Stocks With Great Value & Momentum for Investors Right Now
finance.yahoo.com - September 6 at 4:51 PM |
 | 3 Reasons Why China Automotive Systems (CAAS) is a Great Momentum Stock
www.zacks.com - September 5 at 8:04 AM |
 | China Automotive Systems (CAAS) Announces Receipt of Revised Proposal from Chen, Affiliates
www.streetinsider.com - September 1 at 2:54 AM |
| China Automotive Systems, Inc. Announces Receipt of Revised Proposal
finance.yahoo.com - August 31 at 4:47 PM |
| China Automotive Systems, Inc. Announces Receipt of Revised Proposal
finance.yahoo.com - August 31 at 4:47 PM |
| Surging Earnings Estimates Signal Good News for China Automotive (CAAS)
finance.yahoo.com - August 28 at 4:47 PM |
| Top Ranked Value Stocks to Buy for August 24th
www.zacks.com - August 24 at 4:59 PM |
| SORL Auto Parts (SORL) versus China Automotive Systems (CAAS) Head-To-Head Analysis
www.americanbankingnews.com - August 22 at 6:28 PM |
| China Automotive Systems (CAAS) & Tower International (TOWR) Head-To-Head Contrast
www.americanbankingnews.com - August 18 at 12:30 PM |
| SORL Auto Parts (SORL) & China Automotive Systems (NASDAQ:CAAS) Head to Head Contrast
www.americanbankingnews.com - August 15 at 12:28 AM |
| Critical Contrast: China Automotive Systems (NASDAQ:CAAS) versus Tower International (TOWR)
www.americanbankingnews.com - August 12 at 6:18 PM |
 | China Automotive Systems Inc Announces 61% Advance In Q2 Earnings
www.rttnews.com - August 11 at 5:18 PM |
| China Automotive Systems, Inc. (NASDAQ:CAAS) Posts Quarterly Earnings Results, Beats Expectations By $0.14 EPS
www.americanbankingnews.com - August 11 at 12:24 PM |
| Edited Transcript of CAAS earnings conference call or presentation 10-Aug-17 1:00pm GMT
finance.yahoo.com - August 10 at 11:03 PM |
| China Automotive Systems Reports 2017 Second Quarter Unaudited Financial Results
finance.yahoo.com - August 10 at 6:03 PM |
| Investor Network Invites You to the China Automotive Systems Second Quarter 2017 Earnings Conference Call on Thursday, August 10, 2017
finance.yahoo.com - August 9 at 5:03 PM |
| Head-To-Head Survey: SORL Auto Parts (SORL) vs. China Automotive Systems (CAAS)
www.americanbankingnews.com - August 9 at 7:24 AM |
| China Automotive Systems (NASDAQ:CAAS) and SORL Auto Parts (SORL) Critical Review
www.americanbankingnews.com - August 5 at 7:06 AM |
| China Automotive Systems to Announce 2017 Second Quarter Financial Results on August 10, 2017
finance.yahoo.com - August 3 at 6:22 PM |
| China Automotive Systems (CAAS) and SORL Auto Parts (SORL) Critical Comparison
www.americanbankingnews.com - August 3 at 7:58 AM |
| China Automotive Systems Special Committee Engages Financial Advisor and Legal Counsel
finance.yahoo.com - August 2 at 5:39 PM |
| Critical Review: SORL Auto Parts (SORL) & China Automotive Systems (NASDAQ:CAAS)
www.americanbankingnews.com - July 29 at 6:13 PM |
| Tower International (TOWR) & China Automotive Systems (CAAS) Head to Head Analysis
www.americanbankingnews.com - July 22 at 8:29 AM |
| ZF TRW Automotive Holdings Corp (TRW) vs. China Automotive Systems (CAAS) Critical Review
www.americanbankingnews.com - July 18 at 9:41 AM |
| Brokerages Anticipate China Automotive Systems, Inc. (CAAS) to Post $0.14 EPS
www.americanbankingnews.com - July 17 at 11:58 AM |
| EARNINGS SUMMARY: Details of China Automotive Systems Inc Q1 Earnings Report
www.rttnews.com - May 11 at 9:45 PM |
 | China Automotive Systems Q1 Profit Flat; Reiterates FY Revenue Guidance
www.nasdaq.com - May 11 at 9:45 PM |
| China Automotive Systems Inc Q4 Profit Retreats 16%
www.rttnews.com - March 30 at 4:30 PM |
 | China Automotive Systems Reports Fourth Quarter and Fiscal 2016 Results
us.rd.yahoo.com - March 30 at 4:30 PM |
| CHINA AUTOMOTIVE SYSTEMS INC Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 30 at 4:30 PM |
| China Automotive Systems posts 4Q profit
us.rd.yahoo.com - March 30 at 4:30 PM |
| Q4 2016 China Automotive Systems Inc Earnings Release - Before Market Open
biz.yahoo.com - March 30 at 4:30 PM |
| CHINA AUTOMOTIVE SYSTEMS INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 24 at 4:25 PM |
 | Auto Sales Hit Fresh High In 2016: ETFs And Stocks To Ride On
seekingalpha.com - January 6 at 4:28 PM |
| China Automotive: Well That Came As A Huge Surprise... Or Not?
seekingalpha.com - December 3 at 3:53 PM |
| China Automotive Systems retreats after dizzying run
seekingalpha.com - November 30 at 9:07 PM |
| China Automotive Systems (CAAS) Commences Production of Electric Power Steering Systems for Fiat Chrysler
www.streetinsider.com - November 16 at 3:56 PM |
| CHINA AUTOMOTIVE SYSTEMS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
biz.yahoo.com - November 14 at 6:44 AM |
 | China Automotive Systems Reports Higher Net Sales and Profit in the 2016 Third Quarter
www.bizjournals.com - November 10 at 3:28 PM |
| China Automotive Systems Inc Q3 Earnings Advance 34%
www.rttnews.com - November 10 at 3:28 PM |
 | China Automotive Systems posts 3Q profit
www.cnbc.com - November 10 at 3:28 PM |
| Q3 2016 China Automotive Systems Inc Earnings Release - Before Market Open
biz.yahoo.com - November 10 at 12:29 PM |
| More on China Automitive System's Q2
seekingalpha.com - August 11 at 4:07 PM |
| China Automotive Systems Q2 Profit Declines
www.rttnews.com - August 11 at 4:07 PM |
China Automotive Systems (CAAS) Chart for Wednesday, October, 18, 2017
