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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NASDAQ:CAAS

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

$3.55
+0.18 (+5.34%)
(As of 03/28/2024 ET)
Today's Range
$3.50
$3.63
50-Day Range
$3.20
$3.80
52-Week Range
$3.04
$6.09
Volume
129,668 shs
Average Volume
43,390 shs
Market Capitalization
$107.17 million
P/E Ratio
3.45
Dividend Yield
N/A
Price Target
N/A
CAAS stock logo

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 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 electronic and hydraulic power steering 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, as well as markets automotive parts in North America and Brazil. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was incorporated in 1999 and is headquartered in Jingzhou, the People's Republic of China.

CAAS Stock Price History

CAAS Stock News Headlines

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Company Calendar

Last Earnings
11/10/2023
Today
3/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:CAAS
Employees
4,093
Year Founded
2003

Profitability

Net Income
$21.18 million
Pretax Margin
5.59%

Debt

Sales & Book Value

Annual Sales
$529.55 million
Cash Flow
$1.65 per share
Book Value
$10.66 per share

Miscellaneous

Free Float
10,520,000
Market Cap
$107.17 million
Optionable
Optionable
Beta
2.44

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Key Executives

  • Mr. Hanlin Chen (Age 67)
    Chairman & Executive Officer
    Comp: $401k
  • Mr. Qizhou Wu (Age 60)
    President, CEO & Director
    Comp: $267k
  • Mr. Jie Li (Age 54)
    Chief Financial Officer
    Comp: $160k
  • 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 33)
    Vice President

CAAS Stock Analysis - Frequently Asked Questions

Should I buy or sell China Automotive Systems stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for China Automotive Systems in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CAAS shares.
View CAAS analyst ratings
or view top-rated stocks.

How have CAAS shares performed in 2024?

China Automotive Systems' stock was trading at $3.23 at the beginning of 2024. Since then, CAAS shares have increased by 9.9% and is now trading at $3.55.
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 15th, there was short interest totaling 6,800 shares, a decrease of 17.1% from the February 29th total of 8,200 shares. Based on an average trading volume of 47,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company's stock are short sold.
View China Automotive Systems' Short Interest
.

How were China Automotive Systems' earnings last quarter?

China Automotive Systems, Inc. (NASDAQ:CAAS) posted its quarterly earnings data on Friday, November, 10th. The auto parts company reported $0.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.19. The auto parts company had revenue of $137.54 million for the quarter. China Automotive Systems had a net margin of 5.69% and a trailing twelve-month return on equity of 9.22%.

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 EPS 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).

Who are China Automotive Systems' major shareholders?

China Automotive Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bridgeway Capital Management LLC (0.85%), GSA Capital Partners LLP (0.33%), Virtu Financial LLC (0.09%), Citadel Advisors LLC (0.00%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%).
View institutional ownership trends
.

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 3/29/2024 by MarketBeat.com Staff

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