How have CAAS shares performed in 2024?

China Automotive Systems' stock was trading at $3.23 at the beginning of the year. Since then, CAAS shares have increased by 13.3% and is now trading at $3.66. View the best growth stocks for 2024 here .

Are investors shorting China Automotive Systems?

China Automotive Systems saw a decrease in short interest in March. As of March 31st, there was short interest totaling 5,500 shares, a decrease of 19.1% from the March 15th total of 6,800 shares. Based on an average daily volume of 45,400 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's shares are short sold. View China Automotive Systems' Short Interest .

When is China Automotive Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our CAAS earnings forecast .

How were China Automotive Systems' earnings last quarter?

China Automotive Systems, Inc. (NASDAQ:CAAS) announced its quarterly earnings data on Thursday, March, 28th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter. The auto parts company had revenue of $159.16 million for the quarter. China Automotive Systems had a trailing twelve-month return on equity of 10.84% and a net margin of 6.53%.

What guidance has China Automotive Systems issued on next quarter's earnings?

China Automotive Systems issued an update on its FY 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $605.0 million-$605.0 million, compared to the consensus revenue estimate of $593.1 million.

What is Hanlin Chen's approval rating as China Automotive Systems' CEO?

1 employees have rated China Automotive Systems Chief Executive Officer Hanlin Chen on Glassdoor.com . Hanlin Chen has an approval rating of 100% among the company's 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) .

How do I buy shares of China Automotive Systems?

Shares of CAAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CAAS

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

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$3.65

+0.11 (+3.11%)

(As of 02:32 PM ET)

Compare

Today's Range: $3.65
▼
$3.68
50-Day Range: $3.20
▼
$3.84
52-Week Range: $3.04
▼
$5.73

Volume: 55,298 shs
Average Volume: 43,972 shs
Market Capitalization: $110.19 million

P/E Ratio: 2.92
Dividend Yield: N/A
Price Target: N/A

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About China Automotive Systems Stock (NASDAQ:CAAS)

China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China, the United States, and internationally. 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 electronics and 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; and inspection and testing of automotive products, as well as markets automotive parts in North America. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. is headquartered in Jingzhou, the People's Republic of China.

CAAS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CAAS Stock News Headlines

April 18, 2024 | finance.yahoo.com

China Automotive Systems Inc (RYV.HM)

April 9, 2024 | americanbankingnews.com

China Automotive Systems (NASDAQ:CAAS) Shares Cross Above 200-Day Moving Average of $3.41

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 1, 2024 | finance.yahoo.com

China Automotive Systems, Inc. (NASDAQ:CAAS) Q4 2023 Earnings Call Transcript

March 28, 2024 | msn.com

Why China Automotive Systems Shares Are Shooting Higher Today

March 28, 2024 | finance.yahoo.com

China Automotive Systems Inc (CAAS) Reports Record Annual Revenue and Significant Increase in ...

March 28, 2024 | investorplace.com

CAAS Stock Earnings: China Automotive Systems Reported Results for Q4 2023

March 28, 2024 | markets.businessinsider.com

China Automotive Systems Q4 Net Income Rises, Net Sales Up 23.6%; Issues Revenue Guidance

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 28, 2024 | prnewswire.com

China Automotive Systems Reports Record Annual Revenue, and a 81.2% Increase in Diluted Net Income Per Share to $1.25 in Fiscal Year 2023

March 27, 2024 | stocknews.com

3 China Stocks Positioned for Long-Term Growth

March 27, 2024 | markets.businessinsider.com

China Automotive Systems earnings preview: what to expect

March 18, 2024 | finance.yahoo.com

Investors in China Automotive Systems (NASDAQ:CAAS) have unfortunately lost 41% over the last three years

March 16, 2024 | finance.yahoo.com

Francis Hanjoe Tjia Buys Handful Of Shares In Trans-China Automotive Holdings

March 15, 2024 | finance.yahoo.com

China Automotive Systems to Announce Unaudited 2023 Fourth Quarter and Audited 2023 Year Financial Results on March 28, 2024

February 21, 2024 | stocknews.com

Top 3 China Stocks Unleashing Gains in February

February 21, 2024 | nz.finance.yahoo.com

13 Best Car Stocks To Buy Right Now

February 20, 2024 | stocknews.com

Top 3 China Picks for Future Weekly Gains

February 20, 2024 | msn.com

BAIC's EV brand to launch first Huawei-backed sedan in 2024

February 19, 2024 | finance.yahoo.com

China Automotive Systems, Inc. (NASDAQ:CAAS) insiders have significant skin in the game with 55% ownership

January 31, 2024 | msn.com

China overtakes Japan as world's biggest vehicle exporter

January 26, 2024 | stocknews.com

Top 3 China Stock Picks for Monthly Success

January 23, 2024 | finance.yahoo.com

China Automotive Systems, Inc. (CAAS)

January 18, 2024 | theglobeandmail.com

Contra Guys: China Automotive Systems meets virtually all the qualities we want to see in a company

January 16, 2024 | stocknews.com

3 China Stock Buys in Focus This Week

January 15, 2024 | finance.yahoo.com

China Automotive Systems (NASDAQ:CAAS) Is Doing The Right Things To Multiply Its Share Price

January 11, 2024 | stocknews.com

3 A-Rated China Stock Buys

See More Headlines

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Company Calendar

Last Earnings: 3/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/10/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Motor vehicle parts & accessories
Sub-Industry: N/A
Current Symbol: NASDAQ:CAAS
CUSIP: N/A
CIK: 1157762
Web: www.caasauto.com
Phone: 862787570027
Fax: 86-71-6832-9298
Employees: 4,095
Year Founded: 2003

Profitability

EPS (Most Recent Fiscal Year): $1.25
Trailing P/E Ratio: 2.83
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $37.66 million
Net Margins: 6.53%
Pretax Margin: 8.37%
Return on Equity: 10.84%
Return on Assets: 5.22%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.47
Quick Ratio: 1.18

Sales & Book Value

Annual Sales: $576.35 million
Price / Sales: 0.19
Cash Flow: $1.90 per share
Price / Cash Flow: 1.86
Book Value: $12.19 per share
Price / Book: 0.29

Miscellaneous

Outstanding Shares: 30,190,000
Free Float: 10,520,000
Market Cap: $106.87 million
Optionable: Optionable
Beta: 2.45

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Key Executives

Mr. Hanlin Chen (Age 67)
Chairman & Executive Officer
Comp: $383k
Mr. Qizhou Wu (Age 60)
President, CEO & Director
Comp: $255k
Mr. Jie Li (Age 54)
Chief Financial Officer
Comp: $153k
Dr. Haimian Cai (Age 60)
Vice President
Comp: $387k
Kevin Theiss
Manager of Investor Relations
Mr. Yiu Wong Tse (Age 53)
Senior Vice President
Comp: $60k
Mr. Richard Gills
President of California Division
Ms. Na Wei
Secretary
Mr. Henry Chen (Age 32)
Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CAAS Stock Analysis - Frequently Asked Questions

How have CAAS shares performed in 2024?: China Automotive Systems' stock was trading at $3.23 at the beginning of the year. Since then, CAAS shares have increased by 13.3% and is now trading at $3.66.
View the best growth stocks for 2024 here.
Are investors shorting China Automotive Systems?: China Automotive Systems saw a decrease in short interest in March. As of March 31st, there was short interest totaling 5,500 shares, a decrease of 19.1% from the March 15th total of 6,800 shares. Based on an average daily volume of 45,400 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's shares are short sold.
View China Automotive Systems' Short Interest.
When is China Automotive Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our CAAS earnings forecast.
How were China Automotive Systems' earnings last quarter?: China Automotive Systems, Inc. (NASDAQ:CAAS) announced its quarterly earnings data on Thursday, March, 28th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter. The auto parts company had revenue of $159.16 million for the quarter. China Automotive Systems had a trailing twelve-month return on equity of 10.84% and a net margin of 6.53%.

What guidance has China Automotive Systems issued on next quarter's earnings?: China Automotive Systems issued an update on its FY 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $605.0 million-$605.0 million, compared to the consensus revenue estimate of $593.1 million.
What is Hanlin Chen's approval rating as China Automotive Systems' CEO?: 1 employees have rated China Automotive Systems Chief Executive Officer Hanlin Chen on Glassdoor.com. Hanlin Chen has an approval rating of 100% among the company's 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).
How do I buy shares of China Automotive Systems?: Shares of CAAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CAAS) was last updated on 4/18/2024 by MarketBeat.com Staff

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

About China Automotive Systems Stock (NASDAQ:CAAS)

CAAS Stock Price History

CAAS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CAAS Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info