See more : Folkup Development Inc. (FLDI) 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.
You may be interested
- Alphabet Inc. (ABEC.DE) Income Statement Analysis – Financial Results
- Doms Industries Limited (DOMS.BO) Income Statement Analysis – Financial Results
- Cosmo Pharmaceuticals N.V. (CMOPF) Income Statement Analysis – Financial Results
- KITZ Corporation (6498.T) Income Statement Analysis – Financial Results
- AB Science S.A. (0Q77.L) Income Statement Analysis – Financial Results
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 |
Fast-paced Momentum Stock China Automotive Systems (CAAS) Is Still Trading at a Bargain
China Automotive Systems (CAAS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our...
China Automotive Systems, Inc. (CAAS) Q3 2022 Earnings Call Transcript
China Automotive Systems, Inc. (NASDAQ:CAAS ) Q3 2022 Earnings Conference Call November 14, 2022 8:00 AM ET Company Participants Kevin Theiss - Investor Relations Jie Li - Chief Financial Officer Conference Call Participants William Gregozeski - Greenridge Global Operator Good...
China Automotive Systems (CAAS) Q3 Earnings and Revenues Surpass Estimates
China Automotive Systems (CAAS) delivered earnings and revenue surprises of 500% and 13.81%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Should Value Investors Buy China Automotive Systems (CAAS) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Are Auto-Tires-Trucks Stocks Lagging China Automotive Systems (CAAS) This Year?
Here is how China Automotive Systems (CAAS) and Cummins (CMI) have performed compared to their sector so far this year.
Is China Automotive Systems (CAAS) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
Here is how China Automotive Systems (CAAS) and Cummins (CMI) have performed compared to their sector so far this year.
Are Investors Undervaluing China Automotive Systems (CAAS) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Is China Automotive Systems (CAAS) Outperforming Other Auto-Tires-Trucks Stocks This Year?
Here is how China Automotive Systems (CAAS) and Modine (MOD) have performed compared to their sector so far this year.
China Automotive Systems: 3 Factors Undergird Our Bullish Rating
Three factors undergird our bullish rating of the maker of parts and systems for the automotive industry. China Automotive reported a healthy second quarter spurring higher trading volume and spurring the share price significantly higher.
Is China Automotive Systems (CAAS) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Source: https://incomestatements.info
Category: Stock Reports