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Complete financial analysis of China Automotive Systems, Inc. (CAAS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of China Automotive Systems, Inc., a leading company in the Auto – Parts industry within the Consumer Cyclical sector.
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China Automotive Systems, Inc. (CAAS)
About China Automotive Systems, Inc.
China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. 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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 576.35M | 529.55M | 497.99M | 417.64M | 431.43M | 496.16M | 499.06M | 462.05M | 443.53M | 466.77M | 415.16M | 336.01M | 347.97M | 345.93M | 255.60M | 163.18M | 133.60M | 95.77M | 63.57M | 58.19M | 55.33M | 0.00 | 13.50K | 0.00 |
| Cost of Revenue | 472.60M | 446.16M | 425.91M | 362.30M | 368.08M | 430.75M | 414.43M | 381.13M | 363.99M | 379.30M | 338.53M | 275.25M | 279.88M | 265.62M | 182.93M | 115.92M | 88.27M | 62.86M | 41.11M | 35.04M | 30.40M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 103.75M | 83.39M | 72.08M | 55.34M | 63.35M | 65.41M | 84.63M | 80.92M | 79.55M | 87.47M | 76.63M | 60.75M | 68.10M | 80.30M | 72.67M | 47.26M | 45.32M | 32.91M | 22.47M | 23.14M | 24.93M | 0.00 | 13.50K | 0.00 |
| Gross Profit Ratio | 18.00% | 15.75% | 14.47% | 13.25% | 14.68% | 13.18% | 16.96% | 17.51% | 17.93% | 18.74% | 18.46% | 18.08% | 19.57% | 23.21% | 28.43% | 28.96% | 33.93% | 34.36% | 35.34% | 39.78% | 45.05% | 0.00% | 100.00% | 0.00% |
| Research & Development | 29.18M | 36.11M | 28.23M | 25.72M | 27.99M | 33.55M | 33.54M | 27.71M | 22.34M | 22.97M | 20.89M | 14.89M | 10.01M | 7.99M | 2.56M | 2.26M | 1.67M | 1.07M | 966.78K | 1.52M | 1.02M | 0.00 | 0.00 | 0.00 |
| General & Administrative | 19.40M | 26.12M | 17.03M | 27.58M | 16.59M | 19.76M | 14.68M | 12.59M | 13.13M | 12.57M | 10.37M | 9.94M | 16.22M | 10.03M | 12.24M | 12.10M | 9.03M | 0.00 | 7.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 15.61M | 16.91M | 18.28M | 14.51M | 14.27M | 18.95M | 19.91M | 17.16M | 15.00M | 15.74M | 13.33M | 9.56M | 9.97M | 9.36M | 18.09M | 10.87M | 9.67M | 0.00 | 2.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 35.01M | 43.03M | 35.31M | 42.09M | 30.86M | 38.71M | 34.59M | 29.75M | 28.13M | 28.30M | 23.70M | 19.49M | 26.20M | 19.39M | 30.33M | 22.97M | 18.70M | 15.58M | 10.83M | 10.01M | 11.76M | 9.92M | 9.13K | 5.94K |
| Other Expenses | 313.00K | -3.70M | -1.90M | -4.32M | -3.78M | 1.17M | 678.00K | 1.12M | 844.00K | 1.02M | 1.10M | 461.00K | 2.32M | -688.01K | 2.96M | 5.11M | 3.69M | 3.50M | 2.65M | 848.01K | 1.37M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 63.49M | 75.44M | 61.63M | 63.49M | 55.08M | 68.32M | 65.36M | 57.90M | 49.90M | 43.04M | 39.91M | 32.95M | 36.20M | 27.38M | 35.84M | 30.34M | 24.06M | 20.15M | 14.44M | 12.37M | 14.14M | 9.92M | 9.13K | 5.94K |
| Cost & Expenses | 537.11M | 521.60M | 487.55M | 425.79M | 423.15M | 499.07M | 479.79M | 439.03M | 413.88M | 422.34M | 378.44M | 308.21M | 316.08M | 293.01M | 218.77M | 146.26M | 112.33M | 83.00M | 55.55M | 47.42M | 44.54M | 9.92M | 9.13K | 5.94K |
| Interest Income | 1.52M | 10.75M | 1.24M | 1.66M | 2.09M | 2.16M | 3.44M | 2.08M | 3.42M | 2.96M | 2.84M | 1.42M | 726.93K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.23M | 1.45M | 1.44M | 1.59M | 3.03M | 2.93M | 1.75M | 656.00K | 1.34M | 1.79M | 1.57M | 3.12M | 3.98M | 2.92M | 3.81M | 1.24M | 566.99K | 832.84K | 0.00 | 730.96K | 344.72K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 18.71M | 25.17M | 27.11M | 22.06M | 17.85M | 16.80M | 14.70M | 13.90M | 15.27M | 15.52M | 14.59M | 13.91M | 13.50M | 9.50M | 8.68M | 9.92M | 7.35M | 6.48M | 4.91M | 2.01M | 1.37M | 0.00 | 0.00 | 0.00 |
| EBITDA | 68.18M | 49.99M | 37.34M | 11.72M | 28.83M | 17.24M | 37.31M | 40.07M | 48.66M | 63.39M | 54.40M | 44.08M | 69.57M | 83.82M | 15.40 | 28.86M | 28.62M | 19.24M | 13.44M | 11.12M | 13.42M | -9.92M | 4.37K | -5.94K |
| EBITDA Ratio | 11.83% | 9.38% | 7.71% | 2.74% | 6.45% | 3.48% | 7.67% | 8.56% | 10.97% | 13.60% | 13.13% | 12.85% | 13.05% | 13.03% | 17.52% | 14.77% | 20.98% | 19.70% | 21.48% | 19.12% | 21.00% | 0.00% | 32.38% | 0.00% |
| Operating Income | 39.25M | 24.49M | 11.30M | -10.61M | 9.98M | -2.91M | 19.27M | 23.02M | 29.65M | 44.43M | 36.72M | 27.80M | 33.38M | 54.05M | 37.66M | 16.92M | 21.27M | 12.76M | 8.02M | 10.77M | 10.79M | -9.92M | 4.37K | -5.94K |
| Operating Income Ratio | 6.81% | 4.62% | 2.27% | -2.54% | 2.31% | -0.59% | 3.86% | 4.98% | 6.69% | 9.52% | 8.84% | 8.27% | 9.59% | 15.62% | 14.74% | 10.37% | 15.92% | 13.33% | 12.62% | 18.51% | 19.50% | 0.00% | 32.38% | 0.00% |
| Total Other Income/Expenses | 8.99M | -1.45M | -2.90M | -4.05M | 2.79M | 407.00K | 1.11M | 1.89M | 2.40M | 1.65M | 1.52M | -743.00K | 21.00M | 17.35M | -0.50 | 769.11K | -528.52K | -738.59K | -655.37K | 920.60K | 199.25K | 9.91M | 0.00 | 0.00 |
| Income Before Tax | 48.24M | 23.04M | 8.40M | -12.20M | 7.56M | -2.50M | 20.38M | 24.90M | 32.05M | 46.08M | 38.24M | 27.06M | 52.10M | 71.40M | 36.40M | 17.69M | 20.74M | 12.03M | 7.37M | 11.69M | 10.98M | -9.92K | 0.00 | 0.00 |
| Income Before Tax Ratio | 8.37% | 4.35% | 1.69% | -2.92% | 1.75% | -0.50% | 4.08% | 5.39% | 7.23% | 9.87% | 9.21% | 8.05% | 14.97% | 20.64% | 14.24% | 10.84% | 15.52% | 12.56% | 11.59% | 20.09% | 19.84% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 5.14M | 3.08M | 4.00M | 2.16M | 586.00K | -1.47M | 41.63M | 2.48M | 4.49M | 6.79M | 5.48M | 4.39M | -4.35M | 8.48M | 5.11M | 185.88K | 2.23M | 1.67M | 1.37M | 618.40K | 1.75M | 9.91M | -2.19K | 2.97K |
| Net Income | 37.66M | 21.18M | 4.40M | -14.36M | 6.97M | 2.38M | -19.35M | 22.51M | 27.39M | 33.54M | 26.79M | 20.74M | 40.79M | 51.74M | 23.41M | 12.44M | 8.86M | 4.81M | 3.32M | 6.87M | 3.87M | -9.92M | 2.19K | -2.97K |
| Net Income Ratio | 6.53% | 4.00% | 0.88% | -3.44% | 1.62% | 0.48% | -3.88% | 4.87% | 6.17% | 7.19% | 6.45% | 6.17% | 11.72% | 14.96% | 9.16% | 7.62% | 6.63% | 5.02% | 5.22% | 11.80% | 7.00% | 0.00% | 16.19% | 0.00% |
| EPS | 1.25 | 0.69 | 0.14 | -0.46 | 0.22 | 0.08 | -0.61 | 0.70 | 0.85 | 1.15 | 0.96 | 0.70 | 1.30 | 1.65 | -0.98 | 0.48 | 0.37 | 0.21 | 0.15 | 0.30 | 0.18 | -0.47 | 0.10 | 0.00 |
| EPS Diluted | 1.25 | 0.69 | 0.14 | -0.46 | 0.22 | 0.08 | -0.61 | 0.70 | 0.85 | 1.15 | 0.95 | 0.70 | 0.69 | 1.10 | -0.98 | 0.46 | 0.37 | 0.21 | 0.15 | 0.30 | 0.18 | -0.47 | 0.10 | 0.00 |
| Weighted Avg Shares Out | 30.19M | 30.64M | 30.85M | 31.08M | 31.46M | 31.64M | 31.64M | 31.95M | 32.12M | 29.06M | 28.04M | 28.21M | 27.93M | 27.10M | 26.99M | 25.71M | 23.95M | 23.20M | 22.57M | 22.57M | 21.77M | 20.91M | 20.00M | 18.50M |
| Weighted Avg Shares Out (Dil) | 30.19M | 30.64M | 30.86M | 31.08M | 31.46M | 31.65M | 31.65M | 31.96M | 32.13M | 29.08M | 28.06M | 28.22M | 31.51M | 31.57M | 26.99M | 29.67M | 23.96M | 23.21M | 22.59M | 22.58M | 22.08M | 20.91M | 20.00M | 18.50M |
China Automotive Systems Announces Share Repurchase Program Up To $5 Million
WUHAN, China , Nov. 18, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its board of directors approved a share repurchase program...
China Automotive Systems, Inc. (CAAS) Q3 2024 Earnings Call Transcript
China Automotive Systems, Inc. (NASDAQ:CAAS ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Kevin Theiss - IR Jie Li - CFO Conference Call Participants Operator Greetings. Welcome to the China Automotive Systems Third Quarter...
China Automotive Systems Reports Sales Increased by 19.4% in the Third Quarter of 2024
WUHAN, China , Nov. 13, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine...
China Automotive Systems to Announce Unaudited 2024 Third Quarter Financial Results on November 13, 2024
WUHAN, China , Nov. 4, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third...
China Automotive Systems Announces Annual Meeting on September 24, 2024
CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held on Tuesday, September 24, 2024 at 9:00 AM local time, or 9:00 PM EDT on Monday, September 23, 2024 WUHAN, China , Sept....
China Automotive Systems Reports Income From Operations Increased by 38.7% in the Second Quarter of 2024
WUHAN, China , Aug. 13, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months...
China Automotive Systems to Announce Unaudited 2024 Second Quarter Financial Results on August 13, 2024
WUHAN, China , Aug. 2, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second...
China Automotive Systems: 74% Discount To Book Value, Great Earnings
China Automotive Systems had a phenomenal 1Q24 with a 17% EPS increase, leading to a 19% stock increase after announcing a one-time $0.80 dividend per share. CAAS stock is undervalued, trading at 5.4x EBIT and a 74% discount to its...
China Automotive Systems Announces Special Cash Dividend
- Celebrating 20th Anniversary of NASDAQ Listing - WUHAN, China , July 19, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that the Board...
3 Chinese Penny Stocks to Buy for the China Rebound
Signs of a recovery in the world's second largest economy continue to emerge. The Chinese housing sector continues to rebound.
Source: https://incomestatements.info
Category: Stock Reports