CAAS Chart
About

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. 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 electronics and systems and parts. It also provides automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, the company offers 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. It primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. is headquartered in Jingzhou, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Parts Market Cap 133.66M
Enterprise Value 125.48M Income 33.48M Sales 725.26M
Book/sh 12.56 Cash/sh 4.62 Dividend Yield —
Payout 0.00% Employees 4370 IPO —
P/E 3.99 Forward P/E 6.92 PEG —
P/S 0.18 P/B 0.35 P/C —
EV/EBITDA 2.06 EV/Sales 0.17 Quick Ratio 0.86
Current Ratio 1.34 Debt/Eq 19.08 LT Debt/Eq —
EPS (ttm) 1.11 EPS next Y 0.64 EPS Growth 77.80%
Revenue Growth 17.70% Earnings 2026-03-27 ROA 3.13%
ROE 10.41% ROIC — Gross Margin 16.62%
Oper. Margin 7.20% Profit Margin 4.62% Shs Outstand 30.17M
Shs Float 10.63M Short Float 0.38% Short Ratio 1.61
Short Interest — 52W High 5.37 52W Low 3.50
Beta 0.98 Avg Volume 23.54K Volume 298.00
Target Price — Recom None Prev Close $4.53
Price $4.43 Change -2.21%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$4.43
Latest analyst target
3. DCF / Fair value
$16.65
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$4.43
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-185.85K513.33K1.57M-366.00K
TaxRateForCalcs0.130.110.130.25
NormalizedEBITDA67.56M63.14M37.91M38.41M
TotalUnusualItems-1.39M4.82M11.74M-1.46M
TotalUnusualItemsExcludingGoodwill-1.39M4.82M11.74M-1.46M
NetIncomeFromContinuingOperationNetMinorityInterest29.98M37.66M21.18M11.05M
ReconciledDepreciation20.22M18.71M25.17M27.11M
ReconciledCostOfRevenue523.31M455.82M422.78M401.03M
EBITDA66.17M67.96M49.66M36.95M
EBIT45.94M49.26M24.49M9.84M
NetInterestIncome207.00K290.00K-530.00K-583.00K
InterestExpense1.81M1.02M1.45M1.44M
InterestIncome2.36M1.52M1.25M1.24M
NormalizedIncome31.19M33.35M11.01M12.15M
NetIncomeFromContinuingAndDiscontinuedOperation29.98M37.66M21.18M11.05M
TotalExpenses605.62M533.33M517.87M491.92M
TotalOperatingIncomeAsReported40.26M39.24M7.95M5.52M
DilutedAverageShares30.18M30.19M30.64M30.86M
BasicAverageShares30.18M30.19M30.64M30.85M
DilutedEPS0.991.250.690.36
BasicEPS0.991.250.690.36
DilutedNIAvailtoComStockholders29.98M37.66M21.18M11.05M
NetIncomeCommonStockholders29.98M37.66M21.18M11.05M
NetIncome29.98M37.66M21.18M11.05M
MinorityInterests-7.92M-5.08M-1.16M324.00K
NetIncomeIncludingNoncontrollingInterests37.90M42.74M22.34M10.73M
NetIncomeContinuousOperations37.90M42.74M22.34M10.73M
EarningsFromEquityInterestNetOfTax-340.00K-360.00K2.39M6.33M
TaxProvision5.89M5.14M3.08M4.00M
PretaxIncome44.13M48.23M23.04M8.40M
OtherIncomeExpense-1.39M4.92M11.88M2.90M
OtherNonOperatingIncomeExpenses103.00K140.00K4.37M
SpecialIncomeCharges-1.22M0.00140.00K70.00K
GainOnSaleOfPPE-1.22M0.00
OtherSpecialCharges-140.00K-70.00K
GainOnSaleOfSecurity-177.00K4.82M11.74M-1.53M
NetNonOperatingInterestIncomeExpense207.00K290.00K-530.00K-583.00K
TotalOtherFinanceCost343.00K213.00K327.00K388.00K
InterestExpenseNonOperating1.81M1.02M1.45M1.44M
InterestIncomeNonOperating2.36M1.52M1.25M1.24M
OperatingIncome45.32M43.02M11.68M6.08M
OperatingExpense63.87M60.73M71.71M66.00M
OtherOperatingExpenses-7.93M-8.55M-6.24M-3.98M
OtherTaxes2.72M1.60M1.24M1.47M
ProvisionForDoubtfulAccounts-953.00K1.56M4.46M2.74M
DepreciationAmortizationDepletionIncomeStatement1.78M1.93M1.80M2.23M
DepreciationAndAmortizationInIncomeStatement1.78M1.93M1.80M2.23M
ResearchAndDevelopment27.65M29.18M36.11M28.23M
SellingGeneralAndAdministration40.61M35.01M34.35M35.31M
SellingAndMarketingExpense17.86M15.61M16.91M18.28M
GeneralAndAdministrativeExpense22.75M19.40M17.45M17.03M
OtherGandA7.65M5.99M5.18M5.12M
InsuranceAndClaims2.30M2.20M2.13M2.22M
SalariesAndWages12.80M11.22M10.14M9.69M
GrossProfit109.18M103.75M83.39M72.08M
CostOfRevenue541.75M472.60M446.16M425.91M
TotalRevenue650.93M576.35M529.55M497.99M
OperatingRevenue650.93M576.35M529.55M497.99M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber2.17M2.15M2.15M1.49M
OrdinarySharesNumber30.17M30.19M30.19M30.85M
ShareIssued32.34M32.34M32.34M32.34M
NetDebt111.51M27.59M9.51M
TotalDebt168.52M142.51M131.21M129.74M
TangibleBookValue337.32M331.37M300.82M308.49M
InvestedCapital518.04M486.72M442.38M450.62M
WorkingCapital146.16M180.34M156.52M149.56M
NetTangibleAssets337.32M331.37M300.82M308.49M
CapitalLeaseObligations52.00K255.00K481.00K150.00K
CommonStockEquity349.57M344.46M311.65M321.03M
TotalCapitalization349.71M345.69M312.18M321.03M
TotalEquityGrossMinorityInterest389.79M368.42M327.42M337.44M
MinorityInterest40.22M23.96M15.76M16.41M
StockholdersEquity349.57M344.46M311.65M321.03M
GainsLossesNotAffectingRetainedEarnings-2.60M3.59M8.44M36.20M
OtherEquityAdjustments-2.60M3.59M8.44M36.20M
TreasuryStock7.76M7.70M7.70M5.26M
RetainedEarnings290.27M284.83M247.17M226.36M
AdditionalPaidInCapital69.66M63.73M63.73M63.73M
CapitalStock3.00K3.00K3.00K3.00K
CommonStock3.00K3.00K3.00K3.00K
TotalLiabilitiesNetMinorityInterest460.79M398.02M386.94M379.32M
TotalNonCurrentLiabilitiesNetMinorityInterest4.31M14.28M22.74M27.50M
PreferredSecuritiesOutsideStockEquity553.00K
TradeandOtherPayablesNonCurrent278.00K9.06M17.95M23.10M
NonCurrentDeferredLiabilities3.88M3.94M4.01M4.38M
NonCurrentDeferredTaxesLiabilities3.88M3.94M4.01M4.38M
LongTermDebtAndCapitalLeaseObligation145.00K1.27M783.00K22.00K
LongTermCapitalLeaseObligation0.0052.00K255.00K22.00K
LongTermDebt145.00K1.22M528.00K
CurrentLiabilities456.48M383.74M364.19M351.82M
CurrentDeferredLiabilities4.45M8.63M5.65M2.40M
CurrentDeferredRevenue4.45M8.63M5.65M2.40M
CurrentDebtAndCapitalLeaseObligation168.38M141.24M130.43M129.72M
CurrentCapitalLeaseObligation52.00K203.00K226.00K128.00K
CurrentDebt168.33M141.03M130.20M129.59M
OtherCurrentBorrowings697.00K
LineOfCredit71.87M48.01M45.67M47.59M
CurrentNotesPayable95.76M93.03M84.53M82.00M
CurrentProvisions35.34M30.44M32.44M36.57M
PayablesAndAccruedExpenses248.32M203.43M195.68M183.13M
CurrentAccruedExpenses31.72M21.75M21.75M17.09M
InterestPayable0.00465.00K507.00K
Payables216.60M181.69M173.93M166.04M
OtherPayable2.06M3.44M5.33M7.19M
DuetoRelatedPartiesCurrent0.00
DividendsPayable2.19M424.00K431.00K471.00K
TotalTaxPayable15.31M17.27M17.60M12.33M
IncomeTaxPayable1.94M2.29M680.00K
AccountsPayable197.05M160.55M150.58M146.06M
TotalAssets850.58M766.44M714.35M716.76M
TotalNonCurrentAssets247.94M202.37M193.63M215.38M
OtherNonCurrentAssets3.20M16.31M
NonCurrentPrepaidAssets0.008.13M
NonCurrentDeferredAssets14.75M8.90M7.65M10.11M
NonCurrentDeferredTaxesAssets14.75M8.90M7.65M10.11M
NonCurrentAccountsReceivable452.00K598.00K46.00K358.00K
InvestmentsAndAdvances104.39M68.82M59.81M45.10M
OtherInvestments59.81M36.97M
InvestmentinFinancialAssets40.06M8.65M0.008.13M
AvailableForSaleSecurities40.06M8.65M8.13M
LongTermEquityInvestment64.33M60.17M59.81M
InvestmentsInOtherVenturesUnderEquityMethod22.20M19.13M59.81M
InvestmentsinAssociatesatCost42.13M41.04M
GoodwillAndOtherIntangibleAssets12.25M13.10M10.83M12.54M
OtherIntangibleAssets12.25M13.10M10.83M12.54M
NetPPE112.90M110.95M115.30M130.95M
AccumulatedDepreciation-229.30M-227.00M-216.50M-213.67M
GrossPPE342.19M337.95M331.79M344.62M
ConstructionInProgress23.77M21.13M16.45M9.68M
OtherProperties5.97M6.08M6.72M7.03M
MachineryFurnitureEquipment246.22M246.35M243.69M258.37M
BuildingsAndImprovements66.23M64.39M64.93M69.55M
Properties0.000.000.000.00
CurrentAssets602.64M564.08M520.72M501.38M
OtherCurrentAssets14.99M14.01M10.91M12.70M
RestrictedCash44.86M40.53M37.73M27.80M
PrepaidAssets1.99M1.44M600.00K
Inventory112.56M112.39M112.24M116.49M
OtherInventories4.00M362.00K
FinishedGoods73.79M62.76M71.37M73.50M
WorkInProcess18.82M17.12M16.00M9.41M
RawMaterials19.95M28.50M24.50M33.58M
Receivables345.70M271.40M225.76M210.94M
ReceivablesAdjustmentsAllowances-13.25M-17.00M-14.36M-12.86M
DuefromRelatedPartiesCurrent2.20M1.99M1.44M600.00K
NotesReceivable94.08M112.61M89.13M61.33M
AccountsReceivable262.66M173.80M149.55M161.87M
AllowanceForDoubtfulAccountsReceivable-1.40M-1.76M
GrossAccountsReceivable173.80M151.31M
CashCashEquivalentsAndShortTermInvestments84.52M125.74M134.08M133.45M
OtherShortTermInvestments27.56M11.08M12.86M1.76M
CashAndCashEquivalents56.96M114.66M121.22M131.69M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-34.68M-1.77M27.54M18.37M
RepurchaseOfCapitalStock-68.00K0.00-2.43M0.00
RepaymentOfDebt-58.99M-61.44M-51.05M-55.25M
IssuanceOfDebt83.36M64.78M51.90M53.21M
CapitalExpenditure-44.46M-21.68M-20.48M-9.90M
InterestPaidSupplementalData1.79M1.15M1.49M1.84M
IncomeTaxPaidSupplementalData18.51M7.96M4.04M3.40M
EndCashPosition101.82M155.19M158.95M159.50M
BeginningCashPosition155.19M158.95M159.50M128.06M
EffectOfExchangeRateChanges-2.58M-1.82M-14.25M3.32M
ChangesInCash-50.79M-1.93M13.70M28.11M
FinancingCashFlow17.36M6.80M-1.58M-3.12M
CashFlowFromContinuingFinancingActivities17.36M6.80M-1.58M-3.12M
NetOtherFinancingCharges15.50M3.46M-1.07M
CashDividendsPaid-22.43M0.000.00
CommonStockDividendPaid-22.43M0.00
NetCommonStockIssuance-68.00K0.00-2.43M0.00
CommonStockPayments-68.00K0.00-2.43M0.00
NetIssuancePaymentsOfDebt24.36M3.34M851.00K-2.04M
NetShortTermDebtIssuance3.34M1.98M2.41M
ShortTermDebtPayments-61.44M-49.92M-50.80M
ShortTermDebtIssuance64.78M51.90M53.21M
NetLongTermDebtIssuance24.36M3.34M-1.13M-4.45M
LongTermDebtPayments-58.99M-61.44M-1.13M-4.45M
LongTermDebtIssuance83.36M64.78M53.21M
InvestingCashFlow-77.93M-28.64M-32.74M2.96M
CashFlowFromContinuingInvestingActivities-77.93M-28.64M-32.74M2.96M
NetOtherInvestingChanges146.00K-17.00K
NetInvestmentPurchaseAndSale-48.10M-2.02M-1.11M26.49M
SaleOfInvestment29.76M66.53M79.13M89.97M
PurchaseOfInvestment-77.86M-68.55M-80.24M-63.48M
NetBusinessPurchaseAndSale-5.88M-7.73M-12.80M-13.76M
PurchaseOfBusiness-5.88M-7.73M-12.80M-13.76M
NetIntangiblesPurchaseAndSale-804.00K-3.44M-188.00K-642.00K
PurchaseOfIntangibles-804.00K-3.44M-188.00K-642.00K
NetPPEPurchaseAndSale-23.15M-15.45M-18.78M-9.11M
SaleOfPPE20.51M2.79M1.51M150.00K
PurchaseOfPPE-43.66M-18.23M-20.30M-9.26M
OperatingCashFlow9.78M19.91M48.02M28.27M
CashFlowFromContinuingOperatingActivities9.78M19.91M48.02M28.27M
ChangeInWorkingCapital-43.88M-42.94M-5.49M-9.22M
ChangeInOtherWorkingCapital-4.10M3.09M3.58M870.00K
ChangeInOtherCurrentAssets-7.36M0.00
ChangeInPayablesAndAccruedExpense44.18M10.76M33.28M-12.40M
ChangeInAccruedExpense14.23M-2.59M2.79M-6.80M
ChangeInPayable29.95M13.35M30.49M-5.60M
ChangeInAccountPayable40.39M22.02M27.27M-2.80M
ChangeInTaxPayable-10.46M-6.83M2.92M-4.50M
ChangeInIncomeTaxPayable-10.46M-6.83M2.92M-4.50M
ChangeInPrepaidAssets2.74M-3.88M-41.00K1.44M
ChangeInInventory-1.79M-1.65M-5.37M-25.68M
ChangeInReceivables-77.55M-51.26M-36.94M26.56M
ChangesInAccountReceivables-77.69M-50.70M-36.94M
OtherNonCashItems-1.25M
StockBasedCompensation0.0088.00K
ProvisionandWriteOffofAssets-953.00K1.56M4.40M2.74M
AssetImpairmentCharge886.00K794.00K2.68M0.00
DeferredTax-6.04M-1.32M1.24M4.02M
DeferredIncomeTax-6.04M-1.32M1.24M4.02M
DepreciationAmortizationDepletion20.22M18.71M25.17M27.11M
DepreciationAndAmortization20.22M18.71M25.17M27.11M
OperatingGainsLosses1.64M357.00K-2.33M-5.94M
EarningsLossesFromEquityInvestments340.00K360.00K-2.39M-6.33M
GainLossOnSaleOfPPE1.30M-3.00K58.00K389.00K
NetIncomeFromContinuingOperations37.90M42.74M22.34M10.73M
SEC Filings

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