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 Wuhan City, the People's Republic of China.
Industry, Sector and Symbol
Industry Motor vehicle parts & accessories
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Phone86-71-6412-7901
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$496.16 million
Profitability
Miscellaneous
Employees4,711
Next Earnings Date5/9/2019 (Estimated)
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 declared that its board has initiated a share repurchase plan on Friday, December 7th 2018, which permits the company to repurchase $5,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.
How were China Automotive Systems' earnings last quarter?
China Automotive Systems, Inc. (NASDAQ:CAAS) released its earnings results on Thursday, March, 28th. The auto parts company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.15. The auto parts company earned $124.30 million during the quarter, compared to analyst estimates of $137.40 million. China Automotive Systems had a net margin of 0.47% and a return on equity of 0.75%. During the same period last year, the company earned $0.02 earnings per share. 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 2019 earnings guidance on Thursday, March, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $510-510 million, compared to the consensus revenue estimate of $544.8 million.
What is the consensus analysts' recommendation for China Automotive Systems?
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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for China Automotive Systems.
Has China Automotive Systems been receiving favorable news coverage?
Media stories about CAAS stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. China Automotive Systems earned a daily sentiment score of 1.6 on InfoTrie's scale. They also gave news stories about the auto parts company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few 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), ATC Venture Group (ATCV), China Zenix Auto International (ZX), China Zenix Auto International (ZXAIY), Dongfeng Motor Group (DNFGY) and Enerpulse Technologies (ENPT).
What other stocks do shareholders of China Automotive Systems own?
Who are China Automotive Systems' key executives?
China Automotive Systems' management team includes the folowing people:
- Mr. Hanlin Chen, Chairman (Age 62)
- Mr. Qizhou Wu, Pres, CEO & Director (Age 55)
- Mr. Jie Li, Chief Financial Officer (Age 49)
- Dr. Haimian Cai, VP (Age 55)
- Mr. Yiu Wong Tse, Sr. VP (Age 48)
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 $2.93.
How big of a company is China Automotive Systems?
China Automotive Systems has a market capitalization of $92.30 million and generates $496.16 million in revenue each year. The auto parts company earns $2.38 million in net income (profit) each year or $0.08 on an earnings per share basis. China Automotive Systems employs 4,711 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 86-71-6412-7901 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.
