See more : tella, Inc. (2191.T) Income Statement Analysis – Financial Results
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 |
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