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
- Market Cap: $163.6 million
- Outstanding Shares: 31,644,000
- 50 Day Moving Avg: $5.33
- 200 Day Moving Avg: $5.00
- 52 Week Range: $3.72 - $7.96
Sales & Book Value:
- Trailing P/E Ratio: 6.38
- Foreward P/E Ratio: 5.62
- P/E Growth: 0.59
- Annual Revenue: $481.15 million
- Price / Sales: 0.34
- Book Value: $10.17 per share
- Price / Book: 0.51
- EBITDA: $41.16 million
- Net Margins: 5.43%
- Return on Equity: 8.30%
- Return on Assets: 4.05%
- Current Ratio: 1.49%
- Quick Ratio: 1.30%
- Average Volume: 47,945 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) released its quarterly earnings data on Thursday, August, 10th. The company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.14. The business earned $117.66 million during 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 in the prior year, the company posted $0.14 earnings per share. View China Automotive Systems' Earnings History.
Where is China Automotive Systems' stock going? Where will China Automotive Systems' stock price be in 2017?
1 brokerages have issued twelve-month price targets for China Automotive Systems' stock. Their predictions range from $7.50 to $7.50. On average, they expect China Automotive Systems' share 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 Primo Water Corporation (PRMW), Geron Corporation (GERN), Cerus Corporation (CERS), Protagonist Therapeutics (PTGX), Powell Industries (POWL), Paragon Commercial Corporation (PBNC), Territorial Bancorp (TBNK), Edge Therapeutics (EDGE), Mitek Systems (MITK), FORTERRA INC (FRTA), Titan Machinery (TITN), ServiceSource International (SREV), FTD Companies (FTD), Great Lakes Dredge & Dock Corporation (GLDD), RigNet (RNET), Citizens & Northern Corp (CZNC), Abraxas Petroleum Corporation (AXAS) and Minerva Neurosciences (NERV).
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?
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.
One share of China Automotive Systems stock can currently be purchased for approximately $5.17.
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 (45.07% upside)|Consensus Price Target History for China Automotive Systems (NASDAQ:CAAS)
Analysts' Ratings History for China Automotive Systems (NASDAQ:CAAS)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/5/2017||Greenridge Global||Upgrade||Hold -> Buy||$7.50||Low|
Earnings History for China Automotive Systems (NASDAQ:CAAS)Earnings History by Quarter for China Automotive Systems (NASDAQ CAAS)
(Data available from 1/1/2011 forward)
|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|
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)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for China Automotive Systems (NASDAQ:CAAS)
Insider Ownership Percentage: 62.20%Insider Trades by Quarter for China Automotive Systems (NASDAQ:CAAS)
Institutional Ownership Percentage: 4.96%
(Data available from 1/1/2013 forward)
|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|| |
Headline Trends for China Automotive Systems (NASDAQ:CAAS)
Latest Headlines for China Automotive Systems (NASDAQ:CAAS)
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China Automotive Systems (CAAS) Chart for Sunday, October, 22, 2017