NASDAQ:CAAS

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

$3.63
+0.11 (+3.13%)
(As of 04/23/2024 ET)
Today's Range
$3.52
$3.63
50-Day Range
$3.20
$3.84
52-Week Range
$3.04
$5.73
Volume
18,693 shs
Average Volume
43,269 shs
Market Capitalization
$109.59 million
P/E Ratio
2.90
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, 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

CAAS Stock News Headlines

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China Automotive Systems Inc (RYV.HM)
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Company Calendar

Last Earnings
3/28/2024
Today
4/23/2024
Next Earnings (Estimated)
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:CAAS
Employees
4,095
Year Founded
2003

Profitability

Net Income
$37.66 million
Pretax Margin
8.37%

Debt

Sales & Book Value

Annual Sales
$576.35 million
Cash Flow
$1.86 per share
Book Value
$12.19 per share

Miscellaneous

Free Float
10,520,000
Market Cap
$109.59 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

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 12.4% and is now trading at $3.63.
View the best growth stocks for 2024 here
.

Are investors shorting China Automotive Systems?

China Automotive Systems saw a decrease in short interest in the month of 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 trading volume of 45,400 shares, the short-interest ratio is presently 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) released its earnings results on Thursday, March, 28th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter. The auto parts company earned $159.16 million during 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 4/24/2024 by MarketBeat.com Staff

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