QQQ   306.17 (+2.59%)
AAPL   149.24 (+2.54%)
MSFT   266.82 (+2.03%)
FB   202.62 (+1.29%)
GOOGL   2,329.46 (+1.77%)
AMZN   2,307.37 (+4.11%)
TSLA   761.61 (+5.14%)
NVDA   181.77 (+5.29%)
BABA   91.99 (+6.37%)
NIO   16.63 (+14.30%)
AMD   102.47 (+8.73%)
CGC   5.89 (+2.79%)
MU   74.48 (+5.69%)
T   20.57 (+1.43%)
GE   76.40 (+2.37%)
F   13.53 (+3.68%)
DIS   108.64 (+3.29%)
AMC   12.90 (+10.16%)
PFE   51.34 (+1.32%)
PYPL   79.75 (+2.70%)
NFLX   190.56 (+2.17%)
QQQ   306.17 (+2.59%)
AAPL   149.24 (+2.54%)
MSFT   266.82 (+2.03%)
FB   202.62 (+1.29%)
GOOGL   2,329.46 (+1.77%)
AMZN   2,307.37 (+4.11%)
TSLA   761.61 (+5.14%)
NVDA   181.77 (+5.29%)
BABA   91.99 (+6.37%)
NIO   16.63 (+14.30%)
AMD   102.47 (+8.73%)
CGC   5.89 (+2.79%)
MU   74.48 (+5.69%)
T   20.57 (+1.43%)
GE   76.40 (+2.37%)
F   13.53 (+3.68%)
DIS   108.64 (+3.29%)
AMC   12.90 (+10.16%)
PFE   51.34 (+1.32%)
PYPL   79.75 (+2.70%)
NFLX   190.56 (+2.17%)
QQQ   306.17 (+2.59%)
AAPL   149.24 (+2.54%)
MSFT   266.82 (+2.03%)
FB   202.62 (+1.29%)
GOOGL   2,329.46 (+1.77%)
AMZN   2,307.37 (+4.11%)
TSLA   761.61 (+5.14%)
NVDA   181.77 (+5.29%)
BABA   91.99 (+6.37%)
NIO   16.63 (+14.30%)
AMD   102.47 (+8.73%)
CGC   5.89 (+2.79%)
MU   74.48 (+5.69%)
T   20.57 (+1.43%)
GE   76.40 (+2.37%)
F   13.53 (+3.68%)
DIS   108.64 (+3.29%)
AMC   12.90 (+10.16%)
PFE   51.34 (+1.32%)
PYPL   79.75 (+2.70%)
NFLX   190.56 (+2.17%)
QQQ   306.17 (+2.59%)
AAPL   149.24 (+2.54%)
MSFT   266.82 (+2.03%)
FB   202.62 (+1.29%)
GOOGL   2,329.46 (+1.77%)
AMZN   2,307.37 (+4.11%)
TSLA   761.61 (+5.14%)
NVDA   181.77 (+5.29%)
BABA   91.99 (+6.37%)
NIO   16.63 (+14.30%)
AMD   102.47 (+8.73%)
CGC   5.89 (+2.79%)
MU   74.48 (+5.69%)
T   20.57 (+1.43%)
GE   76.40 (+2.37%)
F   13.53 (+3.68%)
DIS   108.64 (+3.29%)
AMC   12.90 (+10.16%)
PFE   51.34 (+1.32%)
PYPL   79.75 (+2.70%)
NFLX   190.56 (+2.17%)
NASDAQ:CAAS

China Automotive Systems (CAAS) Stock Forecast, Price & News

$2.90
-0.03 (-1.02%)
(As of 05/17/2022 04:00 PM ET)
Add
Compare
Today's Range
$2.84
$3.00
50-Day Range
$2.30
$3.19
52-Week Range
$2.20
$5.49
Volume
21,825 shs
Average Volume
31,979 shs
Market Capitalization
$89.47 million
P/E Ratio
8.29
Dividend Yield
N/A
Beta
2.66
30 days | 90 days | 365 days | Advanced Chart
Receive CAAS 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.

China Automotive Systems logo

About China Automotive Systems

China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. It 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 and hydraulic power steering systems and parts. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research and development support services, as well as markets automotive parts in North America and Brazil. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was incorporated in 1999 and is headquartered in Jingzhou, the People's Republic of China.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:CAAS
Employees
3,949
Year Founded
2003

Sales & Book Value

Annual Sales
$497.99 million
Cash Flow
$1.22 per share
Book Value
$10.92 per share

Profitability

Net Income
$11.05 million
Pretax Margin
1.69%

Debt

Price-To-Earnings

Miscellaneous

Free Float
11,168,000
Market Cap
$89.47 million
Optionable
Optionable

Company Calendar

Last Earnings
3/30/2022
Today
5/17/2022
Next Earnings (Confirmed)
5/23/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.59 out of 5 stars

Auto/Tires/Trucks Sector

23rd out of 141 stocks

Motor Vehicle Parts & Accessories Industry

11th out of 49 stocks

Analyst Opinion: 3.5Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -













China Automotive Systems (NASDAQ:CAAS) Frequently Asked Questions

Is China Automotive Systems a buy right now?

1 Wall Street 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 analysts is that investors should "buy" China Automotive Systems stock.
View analyst ratings for China Automotive Systems
or view top-rated stocks.

When is China Automotive Systems' next earnings date?

China Automotive Systems is scheduled to release its next quarterly earnings announcement on Monday, May 23rd 2022.
View our earnings forecast for China Automotive Systems
.

How were China Automotive Systems' earnings last quarter?

China Automotive Systems, Inc. (NASDAQ:CAAS) released its earnings results on Wednesday, March, 30th. The auto parts company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.10. The auto parts company earned $138.80 million during the quarter, compared to analysts' expectations of $126.10 million. China Automotive Systems had a trailing twelve-month return on equity of 3.38% and a net margin of 2.23%. During the same period in the previous year, the company posted $0.01 EPS.
View China Automotive Systems' earnings history
.

How will China Automotive Systems' stock buyback program work?

China Automotive Systems declared that its board has authorized a stock repurchase plan on Tuesday, August 25th 2020, which authorizes the company to repurchase $5,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership 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 2022 earnings guidance on Wednesday, April, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $510 million-$510 million, compared to the consensus revenue estimate of $525.70 million.

What price target have analysts set for CAAS?

1 brokers have issued 12-month target prices for China Automotive Systems' stock. Their forecasts range from $7.00 to $7.00. On average, they expect China Automotive Systems' share price to reach $7.00 in the next year. This suggests a possible upside of 141.4% 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:
  • Mr. Hanlin Chen, Chairman & Exec. Officer (Age 65, Pay $495k)
  • Mr. Qizhou Wu, Pres, CEO & Director (Age 58, Pay $330k)
  • Mr. Jie Li, Chief Financial Officer (Age 52, Pay $198k)
  • Kevin Theiss, Mang. of Investor Relations
  • Mr. Yiu Wong Tse, Sr. VP (Age 51)
  • Mr. Richard Gills, Pres of California Division
  • Mrs. Na Wei, Sec.
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 variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (1.33%), UBS Group AG (0.19%), Hanson & Doremus Investment Management (0.08%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%).
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 Renaissance Technologies LLC, and UBS Group AG.
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 acquired by a variety of institutional investors in the last quarter, including Hanson & Doremus Investment Management, and Simplex Trading LLC.
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 $2.90.

How much money does China Automotive Systems make?

China Automotive Systems has a market capitalization of $89.47 million and generates $497.99 million in revenue each year. The auto parts company earns $11.05 million in net income (profit) each year or $0.349990 on an earnings per share basis.

How many employees does China Automotive Systems have?

China Automotive Systems employs 3,949 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.

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 5/17/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.