NASDAQ:CAASChina Automotive Systems Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding China Automotive Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.12 -0.03 (-1.40 %) (As of 06/4/2020 01:58 PM ET) Add Compare Share Today's Range$2.04Now: $2.12▼$2.1850-Day Range$1.69MA: $1.89▼$2.2052-Week Range$1.42Now: $2.12▼$4.16Volume6,739 shsAverage Volume33,195 shsMarket Capitalization$66.07 millionP/E Ratio6.62Dividend YieldN/ABeta1.53 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for China Automotive Systems. Previous Next 2.7 Community Rank Outperform VotesChina Automotive Systems has received 246 “outperform” votes. (Add your “outperform” vote.)Underperform VotesChina Automotive Systems has received 213 “underperform” votes. (Add your “underperform” vote.)Community SentimentChina Automotive Systems has received 53.59% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldChina Automotive Systems does not currently pay a dividend.Dividend GrowthChina Automotive Systems does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, China Automotive Systems insiders have not sold or bought any company stock.Percentage Held by Insiders62.20% of the stock of China Automotive Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 2.83% of the stock of China Automotive Systems is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for China Automotive Systems are expected to grow in the coming year, from ($0.03) to $0.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of China Automotive Systems is 6.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.28.Price to Earnings Ratio vs. SectorThe P/E ratio of China Automotive Systems is 6.62, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 15.02.Price to Book Value per Share RatioChina Automotive Systems has a P/B Ratio of 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.24 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Motor vehicle parts & accessories Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:CAAS Previous Symbol CUSIPN/A CIK1157762 Webwww.caasauto.com Phone86-71-6412-7912Debt Debt-to-Equity Ratio0.03 Current Ratio1.45 Quick Ratio1.18Price-To-Earnings Trailing P/E Ratio6.62 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$431.43 million Price / Sales0.15 Cash Flow$0.89 per share Price / Cash Flow2.37 Book Value$9.85 per share Price / Book0.22Profitability EPS (Most Recent Fiscal Year)$0.32 Net Income$9.96 million Net Margins2.30% Return on Equity3.22% Return on Assets1.49%Miscellaneous Employees4,039 Outstanding Shares31,170,000Market Cap$66.07 million Next Earnings Date6/4/2020 (Estimated) OptionableOptionable NASDAQ:CAAS Rates by TradingView Receive CAAS News and Ratings via Email Sign-up to receive the latest news and ratings for CAAS and its competitors with MarketBeat's FREE daily newsletter. China Automotive Systems (NASDAQ:CAAS) Frequently Asked Questions How has China Automotive Systems' stock been impacted by COVID-19 (Coronavirus)? China Automotive Systems' stock was trading at $1.7038 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CAAS stock has increased by 24.4% and is now trading at $2.1196. View which stocks have been most impacted by Coronavirus. When is China Automotive Systems' next earnings date? China Automotive Systems is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for China Automotive Systems. How were China Automotive Systems' earnings last quarter? China Automotive Systems, Inc. (NASDAQ:CAAS) announced its quarterly earnings results on Thursday, May, 14th. The auto parts company reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.02. The auto parts company earned $115.90 million during the quarter. China Automotive Systems had a return on equity of 3.22% and a net margin of 2.30%. During the same quarter in the previous year, the business earned ($0.09) EPS. View China Automotive Systems' earnings history. How will China Automotive Systems' stock buyback program work? China Automotive Systems declared that its Board of Directors has initiated a stock repurchase program on Friday, December 7th 2018, which authorizes the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued. What guidance has China Automotive Systems issued on next quarter's earnings? China Automotive Systems updated its FY 2020 Pre-Market earnings guidance on Thursday, May, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $360-360 million, compared to the consensus revenue estimate of $417.55 million. Has China Automotive Systems been receiving favorable news coverage? News headlines about CAAS stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. China Automotive Systems earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the auto parts company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutChina Automotive Systems. Are investors shorting China Automotive Systems? China Automotive Systems saw a drop in short interest in May. As of May 15th, there was short interest totaling 11,200 shares, a drop of 7.4% from the April 30th total of 12,100 shares. Based on an average trading volume of 24,300 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company's shares are sold short. View China Automotive Systems' Current Options Chain. Who are some of China Automotive Systems' key competitors? Some companies that are related to China Automotive Systems include Cooper-Standard (CPS), Lydall (LDL), Sorl Auto Parts (SORL), Commercial Vehicle Group (CVGI), Strattec Security (STRT), Horizon Global (HZN), Superior Industries International (SUP), Regency Affiliates (RAFI), China Zenix Auto International (ZXAIY), Adomani (ADOM), Curaegis Technologies (CRGS), OmniTek Engineering (OMTK), Puradyn Filter Technologies (PFTI), ATC Venture Group (ATCV) and QF Liquidation (QTWWQ). View all competitors. 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), Bank of America (BAC), Cypress Semiconductor (CY), Energy Transfer LP Unit (ET), AMC Entertainment (AMC), Encana (ECA), Ciena (CIEN), Abercrombie & Fitch (ANF) and Apollo Global Management (APO). Who are China Automotive Systems' key executives? China Automotive Systems' management team includes the following 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)Kevin Theiss, Mang. of Investor Relations What is China Automotive Systems' stock symbol? China Automotive Systems trades on the NASDAQ under the ticker symbol "CAAS." 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, Robinhood, Fidelity, and Charles Schwab. What is China Automotive Systems' stock price today? One share of CAAS stock can currently be purchased for approximately $2.12. How big of a company is China Automotive Systems? China Automotive Systems has a market capitalization of $66.07 million and generates $431.43 million in revenue each year. The auto parts company earns $9.96 million in net income (profit) each year or $0.32 on an earnings per share basis. China Automotive Systems employs 4,039 workers across the globe. 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 86-71-6412-7912 or via email at [email protected] This page was last updated on 6/4/2020 by MarketBeat.com Staff
