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 Ratio1.45
Quick Ratio1.21
Price-To-Earnings
Trailing P/E Ratio6.34
Forward P/E Ratio5.88
P/E GrowthN/A
Sales & Book Value
Annual Sales$499.06 million
Price / Sales0.26
Cash Flow$1.1216 per share
Price / Cash3.62
Book Value$9.67 per share
Price / Book0.42
Profitability
EPS (Most Recent Fiscal Year)$0.64
Net Income$-19,340,000.00
Net Margins-4.03%
Return on Equity5.83%
Return on Assets2.69%
Miscellaneous
Employees5,319
Outstanding Shares31,640,000
Market Cap$128.78
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, May, 10th. The auto parts company reported $0.14 EPS for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.04. The auto parts company had revenue of $134.02 million for the quarter, compared to analysts' expectations of $122.81 million. China Automotive Systems had a negative net margin of 4.03% and a positive return on equity of 5.83%. View China Automotive Systems' Earnings History.
What is the consensus analysts' recommendation for China Automotive Systems?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for China Automotive Systems in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Who are some of China Automotive Systems' key competitors?
Some companies that are related to China Automotive Systems include Superior Industries International (SUP), 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 articles about CAAS stock have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. China Automotive Systems earned a coverage optimism score of 0.10 on Accern's scale. They also assigned media coverage about the auto parts company an impact score of 44.98 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
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 $4.0437.
How big of a company is China Automotive Systems?
China Automotive Systems has a market capitalization of $128.78 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.
