SORL Auto Parts, Inc., together with its subsidiaries, develops, manufactures, and distributes automotive brake systems and other safety related auto parts to automotive original equipment manufacturers and the related aftermarket in the People's Republic of China. It operates through two segments, Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. The company offers a range of products covering 65 categories and approximately 2000 specifications in automotive brake systems that are principally used in various types of commercial vehicles, such as trucks and buses. SORL Auto Parts, Inc. markets its products under the SORL brand through authorized distributors. The company exports its products to approximately 104 countries and regions. SORL Auto Parts, Inc. was founded in 2003 and is headquartered in Rui'an, 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:SORL
CUSIPN/A
Phone86-577-6581-7720
Debt
Debt-to-Equity Ratio0.15
Current Ratio1.18
Quick Ratio0.97
Price-To-Earnings
Trailing P/E Ratio3.71
Forward P/E Ratio3.43
P/E GrowthN/A
Sales & Book Value
Annual Sales$390.52 million
Price / Sales0.24
Cash Flow$1.7394 per share
Price / Cash2.84
Book Value$10.38 per share
Price / Book0.48
Profitability
EPS (Most Recent Fiscal Year)$1.26
Net Income$24.32 million
Net Margins6.08%
Return on Equity12.95%
Return on Assets4.70%
Miscellaneous
Employees4,930
Outstanding Shares19,310,000
Market Cap$95.37
Sorl Auto Parts (NASDAQ:SORL) Frequently Asked Questions
What is Sorl Auto Parts' stock symbol?
Sorl Auto Parts trades on the NASDAQ under the ticker symbol "SORL."
How were Sorl Auto Parts' earnings last quarter?
Sorl Auto Parts, Inc. (NASDAQ:SORL) posted its quarterly earnings results on Tuesday, May, 15th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.24. The company had revenue of $107.73 million for the quarter, compared to analysts' expectations of $86.96 million. Sorl Auto Parts had a return on equity of 12.95% and a net margin of 6.08%. During the same quarter in the prior year, the company earned $0.36 earnings per share. View Sorl Auto Parts' Earnings History.
When is Sorl Auto Parts' next earnings date?
What price target have analysts set for SORL?
1 brokers have issued 1 year price targets for Sorl Auto Parts' shares. Their forecasts range from $10.00 to $10.00. On average, they expect Sorl Auto Parts' share price to reach $10.00 in the next year. This suggests a possible upside of 102.4% from the stock's current price. View Analyst Ratings for Sorl Auto Parts.
What is the consensus analysts' recommendation for Sorl Auto Parts?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sorl Auto Parts in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Sorl Auto Parts' key competitors?
Some companies that are related to Sorl Auto Parts include Motorcar Parts of America (MPAA), Commercial Vehicle Group (CVGI), Horizon Global (HZN), China Automotive Systems (CAAS), Strattec Security (STRT), 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), Enerpulse Technologies (ENPT) and Veoneer (VNE).
Who are Sorl Auto Parts' key executives?
Sorl Auto Parts' management team includes the folowing people:
- Mr. Xiao Ping Zhang, Chairman & CEO (Age 56)
- Ms. Zong Yun Zhou, Chief Financial Officer (Age 64)
- Ms. Jin Rui Yu, Chief Operating Officer (Age 43)
- Ms. Shu Ping Chi, Exec. Director (Age 57)
- Mr. Ben Chen, VP of Fin. and Corp. Sec.
Has Sorl Auto Parts been receiving favorable news coverage?
Headlines about SORL stock have been trending somewhat positive recently, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sorl Auto Parts earned a coverage optimism score of 0.13 on Accern's scale. They also assigned news coverage about the company an impact score of 46.76 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
How do I buy shares of Sorl Auto Parts?
Shares of SORL 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 Sorl Auto Parts' stock price today?
One share of SORL stock can currently be purchased for approximately $4.94.
How big of a company is Sorl Auto Parts?
Sorl Auto Parts has a market capitalization of $95.37 million and generates $390.52 million in revenue each year. The company earns $24.32 million in net income (profit) each year or $1.26 on an earnings per share basis. Sorl Auto Parts employs 4,930 workers across the globe.
How can I contact Sorl Auto Parts?
Sorl Auto Parts' mailing address is NO. 1169 YUMENG ROAD RUIAN ECONOMIC DEVELOPMENT ZONE, RUIAN CITY F4, 325200. The company can be reached via phone at 86-577-6581-7720 or via email at [email protected]
MarketBeat Community Rating for Sorl Auto Parts (NASDAQ SORL)
MarketBeat's community ratings are surveys of what our community members think about Sorl Auto Parts and other stocks. Vote "Outperform" if you believe SORL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SORL will underperform the S&P 500 over the long term. You may vote once every thirty days.
